No one teaches you how to think about money in medical school or residency. Yet, from the moment you start practicing, you must think about it. You must consider what is covered for a patient and what is not.
Interpretation
This quote highlights the lack of financial education for medical professionals despite the crucial role money plays in their practice.
Atul Gawande's quote reflects the gap in medical education regarding financial literacy. While medical training prepares professionals to care for patients, it often neglects the practical aspects of healthcare economics, leaving doctors unprepared to navigate the financial complexities they encounter once they begin practicing. Understanding what services are covered and the associated costs is essential for making informed decisions that affect both patient care and personal finances.
In practice
In a presentation about financial planning for new doctors.
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