Or, why doctors are so poor at managing money. Some answers:
* Doctors have studied medicine and NOT the economics and finances of practicing medicine – they lack knowledge
* Doctors are really busy people, under a lot of pressure (getting worse all the time – my comment) – they lack the time to get educated about money
* Doctors, for the most part, don’t like dealing with money – they have an emotional reaction to money
* Doctors don’t think of themselves as business owners with responsibilities to teach all their staff to think like practice owners – they just want to be left alone to be a doctor and let the money take care of itself.
In this day and age, not being comfortable with the business and entrepreneurial aspects of medicine is a major obstacle to being a successful physician.
