Doctors Without PatientsIssue 09-11-17 |
There seems to be a rising number of people that are coming out of medical school and choosing not to practice medicine due to a lack of free time, educational debt, and the hassle of dealing with insurance companies and other third-party payers. Their preference seems to be going into business—starting biotech and medical device companies, working at private equity firms, or doing consulting. Some consulting companies are also stepping up hiring of doctors.
Steffi Langner, a spokeswoman for McKinsey, says her firm is actively recruiting doctors because the analytical skills necessary to be an M.D. are similar to the problem-solving skills a consultant needs. Medical and business schools are also teaming up to offer joint degrees.