Business for Doctors is a free membership organisation that fosters the goodwill between health professionals by empowering, educating and providing a support network of thousands of colleagues. The organisation is unique as it brings together Doctors from all specialities, at various career stages, business owners, practice owners, hospital employees, contractors and final year medical students.
We will create and support a collaborative community of medical practitioners in becoming competent and confident in managing their business and private financial affairs to the benefit of themselves, their families, their staff and their patients.
The mission of Business for Doctors is to inform, educate and inspire medical practitioners, at all career stages, to become literate in business and finance by creating a mutually supportive online community with access to accurate, objective information and high-quality professional advice
We commit to:
- Providing accurate, independent and objective information
- Supporting a professional community with respect and inclusivity
- Determining actions and decisions with integrity and personal accountability
- Welcoming and respecting diversity in all forms
- Recognising ethical and environmental responsibility
More About Us
Traditionally the topic of money has been a taboo subject in the medical circles. This is especially in General Practice where Doctors earn as little as 20% of the income of other specialists. The ultraism of medicine has been the focus of many health professionals. This leads to long hours, little family time, relationship breakdowns and stress. Enabling doctors with the knowledge on how to manage their income, invest, insure themselves and their business, balance work with family allows them to deliver a better quality service to patients. Educating them on correct billings using the Medicare Benefits Schedule gives them the opportunity to increase their hourly income giving them the ability to spend more time with family and friends.
Using a social media platform Business for Doctors has successfully grown from 30 members to over 30,000 members less than a 4 year period in addition to creating groups for Dentists, Practice Owners and Practice Managers. The group(s) continues to expand at approximately 1000 members per month with additional growth seen during the lead up to the BFD annual conference with membership increasing by 40% in a 60-day period) in 2017, which should see an increase in member numbers close to 40,000 by December 2019.
BFD is successful because it was started by a doctor for doctors. Innately we trust our cohort and this has opened the door to provide a unique platform to engage – and engage they do. In any 28-day period, there can be up to 32,000 posts, reactions or responses. We are connected: with over 92% engagement of members and some posts been read or videos been watched by over 9000 members. Most importantly our members feel part of a unique cohort that backs each other – in times of crisis they are available.
Our organisation is transparent. We declare an interest or benefit that the organisation or its directors, advisory council or staff receive from any offers received. We make a commitment to our members that we will not profit from them but instead arrange discounts and deals that they benefit from and in turn, the organisation receives a small fee to continue to operate.
The education workshops we provide come with the ongoing support of our educators and administration team. With over 3000 Doctors receiving face to face MBS eduction we have a reputation of providing accurate, ethical and legal billing practices. We continue to solve problems with solutions that benefit our members. Our group buy deals, partner membership discounts and benefits, tailored membership packages, travel discounts, accommodation benefits and legal advice has seen our members save thousands of dollars at no cost to themselves.