Healthcare: Where are the Physician Entrepreneurship Search Firms?

Healthcare: Where are the Physician Entrepreneurship Search Firms?

Healthcare: Where are the Physician Entrepreneurship Search Firms?

Physician non-clinical career development is a cottage industry.

Seminars, blogs, conferences and platforms propose to help strung out docs find a port in the COVID storm. But, most do not include physician entrepreneurship roles, rather proposing such things as utilization review, medico-legal work or writing and communications as alternatives to seeing patients face to face.

There are three kinds of alternative jobs and careers for healthcare professionals:

  1. Clinical jobs, like part-time or locums positions where you continue to "see" patients, either virtually or face to face
  2. Administrative or support jobs, like utilization review, prior authorization, second opinion or medico-legal participation
  3. Entrepreneurial jobs, where the goal is to create stakeholder defined value through the deployment of innovation using a VAST business model. These can be within sickcare, like drugs, devices, digital health or care delivery or outside of healthcare like real estate, retail, financial services.

Here is the physician entrepreneur's guide to non-clinical careers.

Physician entrepreneurship search firms should:

  1. Clearly define the meaning of physician entrepreneurship ie. the pursuit of opportunity under VUCA conditions with the goal of creating stakeholder defined value through the deployment of innovation using aVAST business model.
  2. Be sure clients have an entrepreneurial mindset, not just a clinical mindset
  3. Test for the knowledge, skills, attitudes and competencies to add value to a client or employer.
  4. Screen companies to be sure they are offering positions that are a good fit for physician entrepreneurs
  5. Inform, educate and inspire physicians to explore and pursue entrepreneurial opportunities
  6. Explain the pros and cons of various compensation options
  7. Connect candidates to resources offering education, mentors, networks, peer to peer support and physician entrepreneurship career development
  8. Offer a job preview and realistic expectations
  9. Offer both side gig and full-time career options
  10. Eliminate the middleman and administrivia that adds cost and delays in finding opportunities
  11. Help candidates avoid side gig gaffes.
  12. Prepare docs to win the 4th industrial revolution

Physician clinical staffing firms are hot. Physician entrepreneurship staffing firms are not.

Arlen Meyers, MD, MBA is the President and CEO of the Society of Physician Entrepreneurs.

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  • Sasha Howcroft

    Brilliant read

  • James King

    Excellent article

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Arlen Meyers, MD, MBA

Healthcare Expert

Arlen Meyers, MD, MBA is a professor emeritus of otolaryngology, dentistry, and engineering at the University of Colorado School of Medicine and the Colorado School of Public Health and President and CEO of the Society of Physician Entrepreneurs at www.sopenet.org. He has created several medical device and digital health companies. His primary research centers around biomedical and health innovation and entrepreneurship and life science technology commercialization. He consults for and speaks to companies, governments, colleges and universities around the world who need his expertise and contacts in the areas of bio entrepreneurship, bioscience, healthcare, healthcare IT, medical tourism -- nationally and internationally, new product development, product design, and financing new ventures. He is a former Harvard-Macy fellow and In 2010, he completed a Fulbright at Kings Business, the commercialization office of technology transfer at Kings College in London. He recently published "Building the Case for Biotechnology." "Optical Detection of Cancer", and " The Life Science Innovation Roadmap". He is also an associate editor of the Journal of Commercial Biotechnology and Technology Transfer and Entrepreneurship and Editor-in-Chief of Medscape. In addition, He is a faculty member at the University of Colorado Denver Graduate School where he teaches Biomedical Entrepreneurship and is an iCorps participant, trainer and industry mentor. He is the Chief Medical Officer at www.bridgehealth.com and www.cliexa.com and Chairman of the Board at GlobalMindED at www.globalminded.org, a non-profit at risk student success network. He is honored to be named by Modern Healthcare as one of the 50 Most Influential Physician Executives of 2011 and nominated in 2012 and Best Doctors 2013.

   

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