Developing and Advocating for Sustainable Business Models in Academic Medicine

As doctors, we have good jobs. The trick is keeping them that way. And unfortunately, among the biggest threats to long-term happiness in academic medicine are the pressures imposed by the business of medicine. Here, I’ll share a talk I gave to a group of doctors in my specialty about how to advocate to get or keep a SUSTAINABLY good job. _ NOTES: I gave five discrete pieces of advice… 4:38 - Play stupid games, win stupid prizes. 7:30 - Look past the smoke and mirrors. 12:56 - Show your value. 18:30 - It’s not what you say, it’s how you say it. 23:16 - Rising tides lift all ships. _ REFERENCES (in order of mention): MGMA Provider Compensation and Productivity Data Report, May 2024. https://www.mgma.com/getkaiasset/2527... Children’s Hospital of Los Angeles Annual Report, 2023: https://www.chla.org/sites/default/fi... Children’s Hospital of Los Angles consolidated financial statement: https://fdpclearinghouse.org/file/get... “Texas Children’s to Lay off 1000.” Becker’s Hospital Review, August 6, 2024. https://www.beckershospitalreview.com... “Texas Children’s Leadership Pay Grew by 125% in Years Before Layoffs.” Houston Chronicle, October 22, 2024. https://www.houstonchronicle.com/proj... “Texas Children’s Hospital Sponsoring Houston Open Positions Company as International Brand.” Houston Business Journal, March 1, 2024. https://www.bizjournals.com/houston/n... Meritt Hawkins Physician Inpatient/Outpatient Revenue Survey, 2019. https://www.amnhealthcare.com/siteass... _ MUSIC: “Clutch,” by Nicolas Major. (license B5VB0T7WXN4SV9HC) _ ARTWORK: Money tree by Kevyn Adha/Vecteezy.