The Independent Physician's Blueprint: Ditch Corporate Controls To Reduce Medical Practice Burnout & Generate Wealth Beyond Residency Training
Are you a physician yearning to break free from the corporate grind and find true fulfillment in your medical practice?
Designed for younger physicians, this show is your blueprint for transitioning from corporate to independent practices, even without business experience.
Listen to discover:
- Proven strategies to decrease medical practice burnout and increase patient satisfaction.
- Remarkably simple ways to generate wealth and achieve financial freedom through leadership coaching, free online courses, and medical school debt reduction strategies.
- Insights from business leaders, spiritual mentors, and thought leaders to cultivate a deeper sense of purpose and master stress reduction habits in your medical practice.
Hosted by Coach JPMD, aka Jude A. Pierre, MD, with over 23 years of experience in Internal Medicine, this podcast demonstrates his passion for helping physicians thrive. Tune in every Monday for career-boosting insights or guest interviews.
Ready to ditch corporate controls, reduce burnout, and generate wealth beyond residency training? Listen to fan-favorite episodes 001 and 055.
Transform your medical practice journey today!
(Previously PRACTICE:IMPOSSIBLE™)
Discover how medical graduates, junior doctors, and young physicians can navigate residency training programs, surgical residency, and locum tenens to increase income, enjoy independent practice, decrease stress, achieve financial freedom, and retire early, while maintaining patient satisfaction and exploring physician side gigs to tackle medical school loans.
The Independent Physician's Blueprint: Ditch Corporate Controls To Reduce Medical Practice Burnout & Generate Wealth Beyond Residency Training
129 - How Hospital CEOs Raked in $95M+ While Physicians Struggle With Burnout in Their Medical Practices
Did you know the top 5 hospital CEOs in the U.S. made over $95 million in 2024 — while many physicians are still struggling with debt and burnout?
In this quick but eye-opening episode, Coach JPMD breaks down the massive compensation gap between corporate hospital leadership and the very physicians who drive patient care. If you’re working for one of these hospital giants or relying on the current system to value your worth — this episode is your wake-up call.
- Learn what these CEO salaries reveal about your true worth in the healthcare system.
- Discover why staying in corporate employment could be holding you back financially and personally.
Share this episode with a physician colleague or even a hospital CEO — let them know you know what’s really going on behind the scenes.
Source: https://nurse.org/news/hospital-ceo-pay/
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Discover how medical graduates, junior doctors, and young physicians can navigate residency training programs, surgical residency, and locum tenens to increase income, enjoy independent practice, decrease stress, achieve financial freedom, and retire early, while maintaining patient satisfaction and exploring physician side gigs to tackle medical school loans.
Coach JPMD (00:00.834)
Did you know that the top five hospital CEOs in the United States made over $95 million in 2024? Welcome back to another episode where I help younger physicians decrease stress and increase income by transitioning from corporate to independent practices, even without any business experience. Welcome back to another episode of the Did You Know series that we started a couple of weeks ago. And yeah,
CEOs of hospitals in the United States, top five of them make over $95 million. UnitedHealthcare CEO, they own hospitals as well as healthcare clinics and insurance company. Their CEO made over $23 million. HCA comes in as a close second. Their CEO made over $21 million. And they are the largest hospital corporation in the United States. And followed by Tenant.
Tenant healthcare CEO made over 18 million. Kaiser Permanente, then they have clinics and hospitals all over the United States. they their CEO made over $17 million and the universal health services CEO made over $14 million. So chances are you are employed by one of these hospital systems, or at least you've dealt with hospitals, these hospitals or insurance companies. And I think one must understand as physicians that we
are valuable to these hospital corporations and sometimes we minimize our our worth and I think that is a big failure in in our education and understanding of the health care system in this country so you know you got the top five CEOs making millions of dollars and almost 100 million dollars just in the top five and so
I think one of the things and the takeaways I got from this is that we need to understand our worth in this healthcare system. And if you're independent and if you're an independent physician, kudos to you. Good for you. Hopefully you're making tons of money because I think we as physicians need to make money, especially to pay off our student loans and to take care of patients our way. And I think that's important. So.
Coach JPMD (02:21.28)
If a hospital CEO is making that much money, they must be saying no to something else. And that may be saying no to a lower physician compensation, less nurses in that hospital system, more agency nurses, or just a decrease in facility improvement costs. So that's the, did you know episode for this week.
Yes. Top five CEOs of healthcare or hospitals in this country make over $95 million. Think about that. Thank you so much for listening to the podcast. If you'd like to hear more, subscribe, follow on your favorite podcast app so you'll never miss an episode.