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The DocPreneur Leadership Podcast

Latest episodes

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Jul 17, 2024 • 7min

One task only you can do, not on A.I.'s to-do list.

A concierge medicine doctor recently called me out of the blue on my cell phone.   She followed up with a phone call a few weeks later with another text with a helpful link to something we had discussed earlier. As you might imagine, it made my day!   Can the Physician do something like this FOR everyone or every patient?   No, but as author A.S. says, “Do for one what you wish you could do for everyone.”   Here's a little nudge: Don't allow robots, algorithms, antiquated processes, phrases from your team like 'Well this is how we've always done it ...' or fancy tech to steal the spotlight from the heart and soul of your practice. It's those personal touches and sincere thoughtfulness and care that genuinely win over patients, not just plain old efficiency. Remember, it's all about YOU!   FOR YOU, FOR DOCTORS,  ~Michael, Editor-in-Chief, Host, Concierge Medicine Forum
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Jul 14, 2024 • 1h 12min

Transforming Doctors Compensation for a Fairer and More Rewarding Life

Meet Ethan A. Nkana, the visionary behind Rocky Mountain Physician Agency (RMPA), and a potential disruptor for The DocPreneur Leadership Podcast. Back in 2019, he saw that doctors were getting paid unfairly based on factors like where they went to school or their race and gender.    TO LEARN MORE OR CONNECT WITH ETHAN, visit: https://rmpa.co/   Amidst the COVID-19 chaos, Ethan noticed that doctors were dealing with unfair contracts, working crazy hours, and burning out. That’s when he decided to shake things up and create RMPA–a go-to for doctors looking for a fair deal.   Connect with Ethan and Rocky Mountain Physician Agency, visit: https://rmpa.co/   Ethan lives by a simple rule: "Doctors First. Always." He's all about making sure doctors get treated right and get the info they need. Here's the cool part—Ethan only gets paid if doctors benefit. His paycheck is tied to the good things he does for them.   During Ethan's time as a hospital executive, he uncovered a secret that hospital executives might not want doctors to know: doctors are incredibly valuable to hospitals, contributing over $1 million each year. Then why are they so unfairly compensated?   Digging deeper, doctors of color and women doctors are paid less, even with the same training. The data on pay differences for women doctors and doctors of color highlights this unfairness. Ethan is determined to make things fair and fix these differences for good.   © Concierge Medicine Today, LLC. ("CMT") All rights reserved.   Disclaimers: All content presented here is for general information purposes only. It is NOT intended to provide medical, legal, professional, accounting or financial advice. No warranties or guarantees are assumed or implied and user(s) releases Concierge Medicine Today, LLC, its agents, representatives, affiliated brands/companies and/or guests from all damages, liability and/or claims. Be advised, some references, companies, individuals, products, services, resources and/or links may be out-of-date. Concierge Medicine Today, LLC does not update content past its release date. User(s) assume all risk and liability with any use of the content as well as third party links. Concierge Medicine Today, LLC., has no formal peer review and, therefore, cannot guarantee the validity of information and/or content contained on its web sites, podcasts, and/or all content it produces or releases. While some of our speakers may be licensed Physicians, they are not your Physician. Please consult your Physician related to anything you may have read or heard or have questions about or call 911. The views, thoughts, and opinions expressed are the speaker’s own and do not necessarily represent the views, thoughts, and/or opinions of Concierge Medicine Today, LLC. The "Concierge Medicine Today, LLC" ("CMT") name and all forms and abbreviations are the property of its owner and its use does not imply endorsement of or opposition to any specific organization, product, or service. Additional disclaimers, releases, terms of use and conditions apply also to the production and/or use of this content, https://conciergemedicinetoday.org/tcpp/.
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Jul 7, 2024 • 30min

7 Qualities *Happy* Doctors Have

By Editor, Concierge Medicine Today   I have a unique seat on the bus in our healthcare culture to speak to Physicians from all walks of life. From early startups to late retirements, it's a fun job for the most part, pouring into Physicians' lives and sharing their thoughts on running a successful practice with you.   Once a quarter, we write a letter from the editor to our Physician readers at Concierge Medicine Today, echoing some of our guests' wisdom. It may include their wise sentiments, stories of woe, and the occasional [metaphorical] grab you by the shoulders peer-to-peer advice our Physician guests want to make sure you, our busy Physician readers, must know to be the best version of you FOR the world and your Patients.   Oddly enough, however, one theme trending in our weekly conversations with Physicians is "You have permission to be happy."   For some reason, happy Physicians are seen in our healthcare economy and burned-out culture as malfunctioning Physicians.   That's not okay with me.   I've even heard someone (a Physician) say from a stage to his colleagues, 'You should wear making no money as a badge of honor.'   That's not okay with me either.   One of my mentors, Jeff Henderson, recently said, "For some reason, profitable organizations are seen as evil in today’s world. Sure, there are organizations that do bad things. Call me naive, but I think that’s the exception. I think the world is better when we have thriving, profitable organizations. In fact, thriving communities require it."   I think he's right!   Dr. Nneka Unachukwu, a Physician and author of a new book, EntreMD said on our Podcast ... “The cavalry is not coming. The cavalry is here. The cavalry is us [i.e. Doctors]. We’re [i.e. Doctors] the ones that are going to rise to the occasion and effect the change we [i.e. Doctors] want to see.”   I think she's right!   Applying these two wise statements to you and your place in our healthcare culture today, I would say, "I think our communities, [your Patients], your practice, your co-workers, your family, etc., are happier, healthier and more engaged with you when you have a thriving, profitable medical practice that you enjoy entering each day."   Isn't it interesting that when we actively study, interview, and understand the life of a happy Physician, we find that most, if not all, have seven things in common? I often see this displayed in many of the Concierge Medicine practices I interview. They include:   Happy Doctors typically don't rant online. Happy Doctors are usually not quick to criticize. Instead, they are quick to become students about topics, concepts, and things they realize are outside their expertise. Happy Doctors know that their purpose extends beyond the exam room. They are doing something to make their community a better place that refuels their depleted tank. Happy Doctors routinely cultivate good boundaries with colleagues, co-workers, patients, and friends. Happy Doctors often leave on time on specific days, whenever possible. Happy Doctors read many business books on time management, managing human resources, and more. Happy Doctors are mindful that attitude impacts their day and affects their relationships. For example, they can often be found writing a handwritten note of gratitude for their patients, peers, and colleagues.   In summary, it's no longer about being the best Doctor in the world; it's about being the best Doctor FOR the world, FOR your Patients, and FOR your local community.   Have a wonderful week ahead, and thank you FOR all you do to help so many people in your practice. We see you, we believe in you, and we are FOR YOU!   FOR YOU, FOR DOCTORS,   Editor-In-Chief, Concierge Medicine Today | Host, Organizer, the industry's annual medical education conference, the Concierge Medicine Forum   Originally posted: December 6, 2022   © Concierge Medicine Today, LLC. ("CMT") All rights reserved.   Disclaimers: All content presented here is for general information purposes only. It is NOT intended to provide medical, legal, professional, accounting or financial advice. No warranties or guarantees are assumed or implied and user(s) releases Concierge Medicine Today, LLC, its agents, representatives, affiliated brands/companies and/or guests from all damages, liability and/or claims. Be advised, some references, companies, individuals, products, services, resources and/or links may be out-of-date. Concierge Medicine Today, LLC does not update content past its release date. User(s) assume all risk and liability with any use of the content as well as third party links. Concierge Medicine Today, LLC., has no formal peer review and, therefore, cannot guarantee the validity of information and/or content contained on its web sites, podcasts, and/or all content it produces or releases. While some of our speakers may be licensed Physicians, they are not your Physician. Please consult your Physician related to anything you may have read or heard or have questions about or call 911. The views, thoughts, and opinions expressed are the speaker’s own and do not necessarily represent the views, thoughts, and/or opinions of Concierge Medicine Today, LLC. The "Concierge Medicine Today, LLC" ("CMT") name and all forms and abbreviations are the property of its owner and its use does not imply endorsement of or opposition to any specific organization, product, or service. Additional disclaimers, releases, terms of use and conditions apply also to the production and/or use of this content, https://conciergemedicinetoday.org/tcpp/.
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Jul 1, 2024 • 1h 3min

Taking Your Business From Best Kept Secret To Household Name.

Helping doctors build profitable businesses so they can live life and practice medicine on their terms.   Our guest this week is AUTHOR and Physician-Entrepreneur and my friend, DR. UNA! Dr. Nneka Unachukwu is a board-certified pediatrician and the founder and CEO of Ivy League Pediatrics outside of Atlanta, Georgia. She graduated from the University of Nigeria College of Medicine and completed her residency in New Jersey before opening her own practice.   After honing her entrepreneurial skills, Dr. Una created the EntreMD business school, podcast, and community to help physicians build personal brands around their expertise, open practices, and develop product lines. Featured in Forbes and a member of the Forbes Business Council, she has helped doctors all over the world leverage entrepreneurship to build lives they love.   One of the greatest myths out there is “if you build it, they will come.” The truth of the matter is they will not! Not unless you do the work to attract the people who desperately want your product or service. Walking away from this myth and learning how to make your brand visible can add millions of dollars in revenue to your business, every year.   LEARN MORE ABOUT ENTREMD, the resources available FOR Doctors and healthcare professionals and Dr. Una's new Book, "The Visibility Formula" or Purchase the book here: https://entremd.com/method-book/ Connect with Dr. Una on Facebook: https://www.facebook.com/groups/entremd/ LinkedIn: https://www.linkedin.com/in/druna Instagram: https://www.instagram.com/entremds/ YouTube: https://www.youtube.com/c/DrUnachukwu   About the new book, "The Visibility Formula"   This book will show you a simple formula to take your business from best-kept secret to household name. Following the step-by-step process in this book will position you as the go-to expert and help you attract the patients and clients you want.   © 2007-2024 Concierge Medicine Today, LLC. ("CMT") All rights reserved.   Disclaimers: All content presented here is for general information purposes only. It is NOT intended to provide medical, legal, professional, accounting or financial advice. No warranties or guarantees are assumed or implied and user(s) releases Concierge Medicine Today, LLC, its agents, representatives, affiliated brands/companies and/or guests from all damages, liability and/or claims. Be advised, some references, companies, individuals, products, services, resources and/or links may be out-of-date. Concierge Medicine Today, LLC does not update content past its release date. User(s) assume all risk and liability with any use of the content as well as third party links. Concierge Medicine Today, LLC., has no formal peer review and, therefore, cannot guarantee the validity of information and/or content contained on its web sites, podcasts, and/or all content it produces or releases. While some of our speakers may be licensed Physicians, they are not your Physician. Please consult your Physician related to anything you may have read or heard or have questions about or call 911. The views, thoughts, and opinions expressed are the speaker’s own and do not necessarily represent the views, thoughts, and/or opinions of Concierge Medicine Today, LLC. The "Concierge Medicine Today, LLC" ("CMT") name and all forms and abbreviations are the property of its owner and its use does not imply endorsement of or opposition to any specific organization, product, or service. Additional disclaimers, releases, terms of use and conditions apply also to the production and/or use of this content, https://conciergemedicinetoday.org/tcpp/.
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Jun 30, 2024 • 58min

Empower Sleep: The world's most personalized sleep care experience.

Dr. Sahil Chopra discusses personalized sleep care at Empower Sleep using FDA-approved technology in diagnosing sleep disorders. The at-home sleep test has high accuracy rates, and the program includes tailored interventions like cognitive behavioral therapy. Empower Sleep emphasizes continuous monitoring and support for physicians and patients in improving sleep health.
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Jun 23, 2024 • 51min

The ethics of AI in health data management: Balancing innovation and patient privacy

Our next guest is Dr. CAROLYN WARD, Director Of Clinical Strategy, Particle Health.   Dr. Carolyn Ward is a dynamic and driven internal medicine physician with a passion for physician empowerment and data-driven decision making. With over eight years of experience in healthcare, including as Chief Resident at Rutgers Robert Wood Johnson Medical School, she has established herself as a leader in the field. As the Director of Clinical Strategy at Particle Health, Carolyn has taken her experience to the next level. She is responsible for developing the clinical product roadmap for the organization, ensuring that providers and patients are represented throughout the research and development process.   In today's webinar/podcast episode we discuss: Value-based care innovation: Strategies and technologies for empowerment The role of interoperability in creating a cohesive healthcare system Leveraging Particle Health's API platform for driving positive patient outcomes through actionable data Physicians as data scientists Women in health tech: Breaking down barriers and driving innovation The ethics of AI in health data management: Balancing innovation and patient privacy Putting patients first: Designing digital health applications with clinical insights How technology is revolutionizing the way we access and receive health care The importance of clinical expertise in developing and implementing interoperable health care technology The need for accessible and usable patient data in the healthcare industry Carolyn's mission is to enable simple and secure access to actionable patient data through Particle's modern API platform. She believes that the health data system must be more cohesive to prevent digital friction and to promote positive patient outcomes.   © Concierge Medicine Today, LLC. ("CMT") All rights reserved.   Disclaimers: All content presented here is for general information purposes only. It is NOT intended to provide medical, legal, professional, accounting or financial advice. No warranties or guarantees are assumed or implied and user(s) releases Concierge Medicine Today, LLC, its agents, representatives, affiliated brands/companies and/or guests from all damages, liability and/or claims. Be advised, some references, companies, individuals, products, services, resources and/or links may be out-of-date. Concierge Medicine Today, LLC does not update content past its release date. User(s) assume all risk and liability with any use of the content as well as third party links. Concierge Medicine Today, LLC., has no formal peer review and, therefore, cannot guarantee the validity of information and/or content contained on its web sites, podcasts, and/or all content it produces or releases. While some of our speakers may be licensed Physicians, they are not your Physician. Please consult your Physician related to anything you may have read or heard or have questions about or call 911. The views, thoughts, and opinions expressed are the speaker’s own and do not necessarily represent the views, thoughts, and/or opinions of Concierge Medicine Today, LLC. The "Concierge Medicine Today, LLC" ("CMT") name and all forms and abbreviations are the property of its owner and its use does not imply endorsement of or opposition to any specific organization, product, or service. Additional disclaimers, releases, terms of use and conditions apply also to the production and/or use of this content, https://conciergemedicinetoday.org/tcpp/.
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Jun 16, 2024 • 30min

Considering a Career in Concierge Medicine?

By Concierge Medicine Today sources, with Contributions From CMT, Editor-in-Chief   UPDATED FOR JUNE 2024 | ATLANTA, GA—For almost two decades now, Concierge Medicine Today (CMT) has been reporting, discussing, writing, documenting, observing, and talking directly with you (i.e., Physicians) about all the various nuances the concierge medicine industry has on display. Many faces have changed, but everyone’s spirits are still pretty high about the career satisfaction level this business model can provide physicians and patients.   At the same time, we have seen a few Doctors struggle with indecision. Particularly concerning are those physicians who are young, lack business acumen, and have little business experience, which is critical to making more informed decisions and succeeding as a physician-entrepreneur in this space.   Some doctors we’ve interviewed and observed even priced themselves well below what they should have and lived to tell their story of woe a few years later.   No matter how much enthusiasm you felt at a conference or peer pressure you’re getting from a colleague, a salesperson, your staff, or even some patients to start a subscription-based healthcare practice right now, it’s always prudent and wise to take a deep breath and examine all the possibilities, opportunities, consequences and your numbers first.   This is a big decision for any Physician. It’s also not entirely your decision either. I bet your spouse, team members, and Patients might even have something to say that you should figure into your equation. For example, a supportive spouse who thinks you should do this is probably more important than a colleague or friends advice. If they’re not on board yet, physicians and industry experts have told CMT over the years, ‘Wait until they [your spouse] come around, then move into this.’   Over the years, many Concierge Medicine Physicians have told CMT that operating and starting a subscription-based, concierge or direct-to-consumer membership medicine practice was not easy. However, it was (or is) so incredibly rewarding that they’re glad they did it all these years later.   READ FULL STORY HERE ...   Disclaimer: This interview, story, article(s), series, webinar, podcast, etc., and/or site does not constitute legal, healthcare, medical, financial or other professional advice. The statements made here are not intended to replace any professional advice. Concierge Medicine Today, LLC encourages any Physician ALWAYS to seek the counsel of a trusted professional and make an informed decision based on all the facts. Please note that an interview/story is not an endorsement. For complete terms and conditions, privacy policy, and more, click here.
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Jun 9, 2024 • 1h 14min

Revitalizing Growth: Transformative Strategies for Healthcare and Insurance Companies

My guest today is Mike Murphy, Managing Partner, Sunstone Management Advisors    Mike is an experienced growth leader with an impressive track record of building, growing, and improving the financial performance of healthcare and insurance companies across the service, technology, and payer sectors.    With more than 30 years of experience as a C-level executive, we sit down for a fun and engaging conversation about his career, lessons learned, thoughts on the future of healthcare, and brainstorm strategies for improving healthcare through transformative leadership, operational efficiency, and achieving sustainable value.   LEARN MORE AT: https://sunstonemanagementadvisors.com/   What to Know About Mike Murphy   Mike Murphy is a distinguished growth leader with over 30 years as a C-level executive, specializing in healthcare and insurance. As CEO, COO, and CRO, Mike excels in transforming businesses, revitalizing growth, and crafting innovative strategies. Mike's expertise spans M&A due diligence, post-merger integration, and turnaround strategies, consistently improving earnings and gross profit. His leadership, strategic acumen, and deep industry knowledge make him a transformative force in high-performance teams and change management. Check out the Sunstone Management Advisors website for more info!   CONNECT WITH MIKE MFMurphy@SunstoneManagementAdvisors.com SunstoneManagementAdvisors.com Office (301) 943-2222 Linkedin - Connect with Mike   Mike Murphy is a distinguished C-level executive renowned for his transformative leadership in healthcare service, technology, and insurance. With a rich history of building and growing companies, he excels in both revitalizing older businesses and building new ones, creating high-performing teams, and driving significant value. Mike’s multidisciplinary skills and vast experience across all business functions uniquely position him to assess operations, define optimal strategies, and ensure sustainable results. His deep domain technical expertise in healthcare and insurance, acquired through hands-on management in diverse roles, gives him a unique ability to bounce between strategic and tactical issues.   In his career, Mike has achieved remarkable successes, such as orchestrating the combination of three disparate healthcare businesses, achieving 18% revenue and 40% EBITDA growth in the first year. Notably, he built a new insurance division from
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May 31, 2024 • 43min

Medical A.I. in healthcare and the escalating threats of cyberattacks in healthcare.

RXNT is a trailblazer in ambulatory medical software and we caught up with Randy Blodyga. Under the leadership of Randy Boldyga, a visionary in the healthcare industry since the 90s, RXNT stands at the forefront of healthcare innovation.     RXNT isn't just another name in healthcare; it offers a comprehensive suite of solutions, from practice management and electronic health records to telehealth and e-prescribing.     Today's episode/webinar will shed light on pressing topics like: How the US healthcare system is failing the majority of Americans The burden of administrative health care costs Medical AI – the salvation or damnation of patient care  The escalating threats of cyberattacks in healthcare   Randy Boldyga founded RXNT in May of 1999 with a vision to create a safer and more efficient method for prescribing medications in the United States—better known today as e-prescribing. Mr. Boldyga helped transform an industry by working with key stakeholders to forge industry standards, which are now used by all participants involved in the electronic medication process, including physicians, pharmacies, payers, pharmacy benefit managers, and more.   TO LEARN MORE and CONNECT WITH RXNT, visit: https://www.rxnt.com/about/leadership/randy-boldyga/   Previously, Mr. Boldyga led IT Operations at The Columbia Bank in Maryland and managed a team of 70 in the Clinical Health Information Systems Department at the University of Arkansas Medical Sciences (UAMS), where he learned first-hand the technology challenges faced by medical teams at the point-of-care. Prior to UAMS, he was an information technology consultant for various government agencies including the Department of Defense, the Department of Energy, and the Federal Bureau of Investigation.   © Concierge Medicine Today, LLC. ("CMT") All rights reserved.   Disclaimers: All content presented here is for general information purposes only. It is NOT intended to provide medical, legal, professional, accounting or financial advice. No warranties or guarantees are assumed or implied and user(s) releases Concierge Medicine Today, LLC, its agents, representatives, affiliated brands/companies and/or guests from all damages, liability and/or claims. Be advised, some references, companies, individuals, products, services, resources and/or links may be out-of-date. Concierge Medicine Today, LLC does not update content past its release date. User(s) assume all risk and liability with any use of the content as well as third party links. Concierge Medicine Today, LLC., has no formal peer review and, therefore, cannot guarantee the validity of information and/or content contained on its web sites, podcasts, and/or all content it produces or releases. While some of our speakers may be licensed Physicians, they are not your Physician. Please consult your Physician related to anything you may have read or heard or have questions about or call 911. The views, thoughts, and opinions expressed are the speaker’s own and do not necessarily represent the views, thoughts, and/or opinions of Concierge Medicine Today, LLC. The "Concierge Medicine Today, LLC" ("CMT") name and all forms and abbreviations are the property of its owner and its use does not imply endorsement of or opposition to any specific organization, product, or service. Additional disclaimers, releases, terms of use and conditions apply also to the production and/or use of this content, https://conciergemedicinetoday.org/tcpp/.
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May 28, 2024 • 39min

Private Equity and Your Practice: Knowing what to do before you start the PE discussions

"I value my long-term client relationships and always strive to meet and exceed their expectations by being responsive to their requests, listening to their needs, and providing direct access to other Rehmann advisors.” ~The Rehmann Team, Danielle L. Ambrozy, CPA, MBA, CHBC   Danielle is responsible for providing accounting and tax services to small to large healthcare practices. She specializes in implementing cloud-based accounting solutions, such as bill.com and Intacct, and providing consulting services, including benchmarking, internal controls, and bookkeeping services.   TO CONNECT WITH REHMANN and  Danielle L. Ambrozy, CPA, MBA, CHBC, visit: https://www.rehmann.com/people/danielle-ambrozy/   As a member of Rehmann’s healthcare industry group, Danielle works with industry specialists from around the firm to share best practices and develop proactive ideas.   Service Areas   Personal/Corporate tax and accounting QuickBooks accounting Outsourcing and cloud based accounting solutions Accounts receivable analysis Practice operations   Experience   Danielle began her public accounting career in 2011. Her range of experience in the healthcare industry has given her a broad knowledge of internal accounting functions, enabling her to serve as an outsourced controller/CFO for clients in transition. She is a certified QuickBooks ProAdvisor.   A Closer Look   Danielle stays current on industry topics impacting her clients through active participation in the National Society of Certified Healthcare Business Consultants. Danielle has earned the Certified Healthcare Business Consultant (CHBC) designation which demonstrates her understanding of the total healthcare business environment, including both practice and financial management. Danielle is an active member of the Detroit Economic Club Young Leaders, an organization that emphasizes professional development and volunteering in the community.   © Concierge Medicine Today, LLC. ("CMT") All rights reserved.   Disclaimers: All content presented here is for general information purposes only. It is NOT intended to provide medical, legal, professional, accounting or financial advice. No warranties or guarantees are assumed or implied and user(s) releases Concierge Medicine Today, LLC, its agents, representatives, affiliated brands/companies and/or guests from all damages, liability and/or claims. Be advised, some references, companies, individuals, products, services, resources and/or links may be out-of-date. Concierge Medicine Today, LLC does not update content past its release date. User(s) assume all risk and liability with any use of the content as well as third party links. Concierge Medicine Today, LLC., has no formal peer review and, therefore, cannot guarantee the validity of information and/or content contained on its web sites, podcasts, and/or all content it produces or releases. While some of our speakers may be licensed Physicians, they are not your Physician. Please consult your Physician related to anything you may have read or heard or have questions about or call 911. The views, thoughts, and opinions expressed are the speaker’s own and do not necessarily represent the views, thoughts, and/or opinions of Concierge Medicine Today, LLC. The "Concierge Medicine Today, LLC" ("CMT") name and all forms and abbreviations are the property of its owner and its use does not imply endorsement of or opposition to any specific organization, product, or service. Additional disclaimers, releases, terms of use and conditions apply also to the production and/or use of this content, https://conciergemedicinetoday.org/tcpp/.

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