For almost ten years now, family physicians have been the most recruited specialty in the medical profession, and that is not likely to change anytime soon. We face a huge shortage of primary care physicians that is only going to get worse because we aren’t training family doctors as fast as they are retiring.
Business training isn’t in the curriculum
What this means for me and my fellow family medicine residents is we’ll likely have our pick of several jobs when it’s time to start looking. I recently signed a contract at the halfway point of residency. It was a long process and I didn’t feel like I was adequately prepared to handle the negotiations.
One of the failings of medical education and residency education is the lack of good business training. I have been in school and training my entire life, so this was the first time I had to negotiate important things like salary, benefits, or paid time off. Another thing I didn’t realize at the time was that I had the upper hand because I am the needed commodity.
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