PRESS RELEASE
The Student Doctor Network would like to announce a new partnership with The Business of Medicine. Founded in 2006 by medical students at Georgetown University, The Business of Medicine (BOM) is a nonprofit national medical student organization and currently applying for 501(c)3 status. BOM’s mission is to increase medical student awareness of financial challenges and opportunities impacting the practice of medicine. “BOM is unique because we are totally medical student based,” states founder and current president David Brill. “It is a organization started by medical students for medical students. Also, we are the only national organization solely committed to helping medical students understand important business and financial topics related to their medical careers.”

As a web-based resource, BOM has assembled the most high yield resources on the topics of Debt Management, Insurance/Policy, Malpractice, and Career Development. Each of the links provided have been screened and reviewed by medical students to provide only the most concise and accurate information. As a student-based organization, local BOM organizations recruit local business leaders and experts to lead small group discussions, organized panels, and Q&A sessions at medical schools. Topics covered include Reimbursement, Financial Planning, Healthcare Management Organizations (HMO), Medicare/Medicaid, Physician Income, and many more. Given the increasing financial pressures on the practice of medicine and the growing medical student debt load, medical students have begun to respond. Students are no longer passive recipients of these forces.

In closing, Brill mentioned his enthusiasm at becoming an SDN partner site, “We would like to reach prospective members and help fellow medical students find appropriate resources through SDN.”

For more information, including how to start a chapter at your school, please visit www.businessofmedicine.org or their newly created forum here on the SDN forums.