Medicine: The Business of People and NOT the Business of Money
As a Surgical resident I quickly surmised that the administrators were running medicine, and deciding the faith of physicians. Ultimately, medicine has become a trifecta of revenue cycle management/billing and coding, financial management/accounting and last but not least medicine.
During my second year of Surgical Residency I devised a plan to create compentency in the trifecta of the business of money, medicine had become. Firstly, complete a MBA in healthcare management. On the road to the MBA, I realized I needed knowledge of government taxation. Additionally, I thought the road to healthcare equity was healthcare law. Fortunately for me with prayers, conversations with Adonai Echad, the answer turned out to be the most utilitarian degree, which was Accounting with a specialization in Government taxation. The answer to equity in healthcare was appropriations, encumbrances, and expenditures, that is, the budget and the budget justification.
Ultimately, I wholeheartedly agree with the great Suzy Orman, people first, then money, then things. We have to return expeditiously to the Hipprocratic/Imhotep way of practicing medicine, thus, people first at all times, that is, to inherently be in the business of people, and NOT in the business of money.