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Personal Finance 101 by founder Mitch Li, MD

A recorded educational Zoom webinar for physicians seeking greater independence based on Dr. Li’s own journey, digging out of >$300,000 in educational debt and prioritizing “FU" (freedom unlimited) money in order to live an authentic life. (Not intended as professional financial advice.)

The White Coat Investor

A free website developed by emergency physician James Dahle, MD. An excellent resource for all stages of an emergency physician’s career.

Physician on FIRE

“Financial Independence/Retire Early.” Don’t let the “retire early” part throw you off. It's about latitude and freedom to pursue your life without financial shackles. The website's creator is a former anesthesiologist who brought the FIRE movement to medicine.

What Financial Advisors Think of Doctors

An invaluable article by Jim Dahle, MD. Consider replacing “financial advisors” with “CMGs” in your head when reading this article.

Live Like a Resident

Particularly in the current EM marketplace, living frugally = freedom. Avoid “living like an attending” as a medical student or resident, and don’t upgrade to an “attending lifestyle” when you graduate residency.

Learn about Corporate Residency Programs

Lay corporations are entities in which a non-physician owns and operates the emergency department. A growing number of EM residency programs are operated by lay entities, most recently with private equity ownership or funding.

History of the American Academy of Emergency Medicine

The book "The Rape of Emergency Medicine," written by James Keaney, MD, MPH, FAAEM in 1992, outlined egregious harms of EM contract management abuses, resulting in the formation of AAEM and its divorce from the American College of Emergency Physicians (ACEP) in 1993.

Social Justice, Egalitarianism, and the History of Emergency Medicine

The specialty of emergency medicine arose out of a progressive moral, ethical, and social demand for services providing care for poor and uninsured people. Today, an estimated >50% of EM physicians work for CMGs whose business models rely on the exploitation of the poor. Their executives pepper the leadership ranks of the largest specialty organization, the American College of Emergency Physicians.

Physician to Physician: Healing the Practice of Medicine

This is a closed Facebook community for verified medical students and physicians. You will not find judgement here.

Fix Moral Injury - Clinician Resources

While the former term, "burnout," suggests a lack of resilience on the part of clinicians, "moral injury" reframes the challenge of distress. Moral Injury of Healthcare is a 501(c)3 organization empowering clinicians to take action toward change. No “resiliency modules” here.

Psychiatry for all Physicians

Psychiatry for All Physicians is another Facebook group primarily focused on providing psychiatric resources for all physicians.

American Bar Association

The ABA home page will allow you to search “State & Local Bar Associations” for appropriate referrals to contract attorneys.

American Academy of Emergency Medicine Foundation

AAEM established its foundation to defend the rights of patients to receive emergency care and emergency physicians to provide such care. It is a 501(c)(3) organization willing to provide financial support for litigation to achieve these objectives in cases involving physician practice rights and a broad public interest.

Position Statements of AAEM on the EM Workforce

The Corporate Practice of Medicine

"The corporate practice of medicine occurs whenever an non-physician individual or corporation exerts control over the medical decision-making or collects reimbursement for the medical services of physicians."

Illegal Fee-Splitting/Kickbacks

"Payment by or to a physician solely for the referral of a patient is fee splitting and is unethical."
AMA Institute for Ethics
American Medical News 4/27/98, p.21

AAEM-Physician Group

Interested in starting an independent emergency medicine group? AAEM-PG possesses a wealth of consulting, legal, financial, and other resources to empower local, independent democratic emergency physician groups to meet their full potential.

AAEM-Locum Group

Tired of being treated as a commodity by locum companies with deceptive tactics? AAEM-LG has partnered with a vetted, reputable locum company committed to transparency and fairness. Priority is given to facilitating the restoration or maintenance of independent democratic emergency medicine groups.

Greater National Advocates

Need help and don’t know where to start? This not-for-profit organization can help connect you to a patient advocate specific to your situation and location.

DPC Alliance Physician Directory

Find an independent physician who is accountable to you and not to insurance companies, hospitals, or contract groups. Direct primary care (DPC) physicians provide greater access and can prevent unnecessary urgent care or ED visits. Medicine like it used to be!

Patient Resources

TakeEMBack Resources

Philosophy is great, but what about action? Here are resources to take emergency medicine back now.

Mental Health for Physicians & Medical Students

Physicians have a suicide rate more than double that of the general population. Much of this can be attributed to moral injury and the stigma or consequences involved in seeking help. Yoga and “resiliency modules” are not enough.

Take emergency medicine back from corporate control so that physicians can once again act as patient advocates.

GIVE BACK TODAY!

Take emergency medicine back from corporate control so that physicians can once again act as patient advocates.

Medical Student & Resident Resources

The Corporate Practice of Medicine

Physician CMG employees are often coerced or deceived into participating in illegal activity or signing away rights as a condition of employment resulting in a threat to professional licensure.

Emergency Medicine Workforce Crisis

Legal

Take Medicine Back, PBLCC does not provide legal advice. Consult your attorney.

Personal Finance

History of Emergency Medicine

Private Equity in Medicine: Primer & Resources