Ep 35. Westby Fisher, MD -- WTF is up with MOC (part 1)

WTF is up MOC? How many of you listening write checks to your specialty board for the privilege of Maintenance of Certification? I will pay over $3k over a 10 yr period plus a ton of paperwork to my board so they can sign off on my certification. Most of you listeners do so as well. We do this because its just another of the burdensome regulations that physicians have to do to maintain licensure and certification and also most insurance companies expect it in order for us to bill our services. Most of us have never questioned the step even though we hate the fees and paperwork. My next guest Dr. Westby Fisher looked into the board certification MOC for internal medicine and went down the proverbial rabbit hole and discovered or should I say uncovered a story that seems to have very little to do with physician certification or patient care. This is a long episode that I split into 2 parts. Please listen to this episode first and then part 2. I would say you will be shocked but with the way things have been headed in healthcare, you probably won’t be.   Thanks Dr. Fisher for all your work to help physicians become aware of the MOC process.   I encourage those listening to contribute to the go fund me page and help fund this fight. Lets stop this physician learned helplessness and take our profession back.     In my opinion, the whole MOC process is like a bad actively managed mutual fund. I see no value in the additional layer of management forced upon us and its costing our time and $$ while I don’t see evidence of improved performance over time. I expect better than this from the “academic leaders” of our respective fields. What do you think? Let’s continue the discussion over at the Doctor Money Matters private FB group (you need to request membership). You can follow Dr. Fisher’s blog at http://drwes.blogspot.com/ where he goes into depth on these topics. You can also follow him on twitter @doctorwes  and help fund this fight https://www.gofundme.com/practicing-physicians-of-america Follow me: Twitter @drmoneymatters Instagram @doctormoneymatters Facebook @doctormoneymatters

Om Podcasten

Welcome to the Doctor Money Matters podcast. I am your host Dr. Tarang Patel, a practicing diagnostic radiologist in Phoenix, AZ. I started this podcast as a way to share knowledge about financial matters as they relate to health care professionals. We spent many years learning about the science and art of providing patient care but most of us have relatively little knowledge about reaching financial well being. I know that I had no formal training in setting up investment accounts, negotiating contracts, buying insurance, buying real estate, etc. I just learned by reading and also by making many mistakes. Health care professionals are trusted to take put their patients needs first and we in turn assume everyone in other fields work the same way. Unfortunately this is not always true. By talking about these topics, I hope we can reduce the many financial mistakes that prior generations of doctors have made. Those physicians were able to overcome these mistakes because of shorter training periods, less debt, and they were more likely to be in private practice. Today we no longer have those luxuries and many of us have significant debt burdens. The good news is that we also have access to information that the prior generation never had. A little background about me. As I said before I am a practicing radiologist in Phoenix, AZ. I went to undergrad at Indiana U. (Go Hoosiers), medical school at the Kirksville College of Osteopathic Medicine (Now AT Still Univ) in Missouri, moved east and did my radiology residency at New York Hospital-Weill Cornell Medical Center in Manhattan. I then moved west to serve my Air Force commitment at Nellis AFB in Las Vegas, NV. I then did a fellowship in Body/Musculoskeletal Imaging at Mayo Clinic Arizona. Since I finished training I have been in a hospital employed group for the last 6 years. I have always enjoyed learning about finance and have read (listened to) many of the financial books. I also spent time reading on the bogleheads.org forum which I found to be a valuable source of information. Finally I just observed that many of my colleagues and I had the same questions about relatively basic financial matters but it was difficult to find clear answers. Hopefully you find these podcasts useful. I encourage you to subscribe to them, that way you will be updated when any episodes are released automatically. Also please let your friends and colleagues know about this podcast. Please give us good feedback on iTunes, Google Play and stitcher and if you have suggestions on topics or how to improve the podcast please send your emails to comments@doctormoneymatters.com Social media links: twitter @drmoneymatters Facebook www.facebook.com/doctormoneymatters/ Please understand that this show is for entertainment and education only and you should do your own research and speak with the appropriate experts prior to making any changes in regards to material you may have heard on the show. The opinions from the guests on this show are their own and do not necessarily reflect those of the host or of Doctor Money Matters, LLC.