SPEAKER #2: Dr. Richard Handelsman

MSBA had the privilege of hosting another innovative speaker yesterday, Dr. Richard Handelsman. As part of the MDVIP network (www.mdvip.com), he has challenged the bureaucracy of managed care through his internal medicine practice.
Instead of treating patients in the assembly line fashion which is dictated by managed care, he treats his patients with the time and attention they deserve from their physician. He is able to do this by charging a $1500 flat annual fee per patient and treating a smaller patient population of approximately 450 people. He also bills the patient's insurance company as an out of network provider.
As a result, he can treat his patients and address their specific needs, rather than treat the disease with a quick diagnosis. Dr. Handelsman now has the time to make house calls, personally consult with the specialists he refers to, do an hour and a half extensive history and physical, advise his patients on nutrition, excercise, and lifestyle, and much more. His patients are very satisfied with his service and according to Dr. Handelsman neither he nor his patients would ever go back to the way he used to practice. This is just one of the innovative ways we can practice medicine without the burden of managed care.

New Concepts for Medical Practice

Going on the theme of our latest speaker (Dr. Richard Handelsman - of MDVIP) I want to show you an organization dedicated to innovation of medical practice. The concept of innovation is crucial to a progressive approach to the medical business world. The Organization's name is Society for Innovative Medical Practice Design and you can check out their site HERE.

hellohealth

The website is up and running. Dr. Parkinson told me that the Brooklyn "node" of this mobile practice launches June 1st! We will follow the success of this very closely. Check it out: http://www.myca.com/hello_health/index.html

Dr. Parkinson's Blog: http://blog.jayparkinsonmd.com/

Empower Your Financial Future

MSBA is here not only to encourage students to become business-conscious physicians, we also promote smart decision-making when it comes to personal finance. Check out this recent SDN article on investment ideas for medical students and residents HERE.

Or you can check out all finance related articles up on SDN at this site:

http://studentdoctor.net/blog/category/finance/

Get Involved: StuHE

"Student Healthcare Executive, the NYMC Chapter of the American College of Health Care Executives is a resource as well as a credential for current and aspiring health care executives."
-Nina Luppino (NYMC MPH '09)

StuHE is currently accepting nominations for treasurer and secretary. Contact Nina for information on running for a position or voting: nina_luppino@nymc.edu.

http://www.ache.org/