Medaxiom Blog

For selfish reasons, I've advocated for fellows' business education for years. As a former cardiovascular medicine administrator, I've had many challenging conversations with frustrated physicians over their profit and loss (P&L) statements. Their P&L statements never reflected how hard they were working. Or they did not understand why we couldn't pay them what they had collected. However, in the current climate, it's even more vital that training directors and mentors arm their cardiovascular fellows and early careerists with basic business principles so that they can advocate for their patients and themselves in an often harsh, competitive and shifting clinical world.