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Your insights will help shape a more meaningful session on the business of medicine. See you soon!

Optional: Money Map

Everyone’s starting point and financial planning needs are unique, so this exercise won’t be necessary or relevant for all students. However, if you are actively looking to sketch out your early-career financial trajectory, this private, unofficial paper worksheet may be beneficial to you. It’s strictly for your eyes only.

Download Money Map (PDF)
Pre-Session Survey

The Business of Medicine

GW School of Medicine & Health Sciences — Intersession

Session Details
Date March 10, 2026 Time 2:15 PM – 3:30 PM Location In Person — RMC Campus, Sinai Hospital
Presenter Dr. Carol Scott Course Directors Dr. Aaron Shim & Dr. Shashi K. Yalamanchili

Please complete this brief survey before our session. Your responses are anonymous and help us tailor the discussion to what matters most to you.

Takes 10 minutes or less to complete
Notes

Before our session, please complete the online survey for your class prior to 5 PM eastern on Monday, March 9th, 2026. Please note that this survey is completely anonymous. The overall sanitized data will be shared with your class only, but no personally identifiable information will be collected.

Alongside the survey, I am also providing an optional paper exercise called the “Money Map.” I recognize that everyone’s starting point and financial planning needs are unique, meaning this exercise won’t be necessary or relevant for all students. However, if you are actively looking to sketch out your early-career financial trajectory, this private, unofficial worksheet may be beneficial to you. A link to a PDF copy of the Money Map worksheet will be available at the end of this survey. It can also be downloaded by clicking here. It’s strictly for your eyes only and is designed to help you translate selected course concepts into your unique financial journey.

Why This Survey Matters

U.S. healthcare is a $5.3 trillion industry. You will spend a decade learning the medicine—this session helps you start learning the business. Medical students score just 38% on basic financial literacy tests, yet they will manage careers worth $10M+ in lifetime earnings. Your responses below help us focus our session on what matters most to you.

1

Specialty Intent Snapshot

Where are you headed? Your answers guide our discussion.

Did You Know?

Physician compensation varies widely by specialty—from $222K in pediatrics to $749K in neurosurgery, a 3.4x gap. But salary is only one part of the equation. A physician earning $320K in Ohio may have more purchasing power than one earning $400K in California. Debt load, payer mix, call burden, and practice setting all shape your true financial picture.

1. What is your likely specialty? (top 1–3)
List the specialties you're currently considering.
1
2
3
2. Desired practice setting
Where do you see yourself practicing?
3. Desired practice geographic location
Where do you want to practice? Select all that apply.
Geography Shapes Salary

Physicians in the West North Central region earn an average of $404K, while academic physicians earn $120K less per year than peers in private group settings. Rural areas often offer signing bonuses and loan forgiveness to offset lower nominal pay. Only 42% of physicians still own their practices—down from 60% just a decade ago. The practice landscape is shifting fast.

4. Estimated medical school debt at graduation
Your best estimate. This is anonymous and helps frame our discussion about loan strategies.
5. Lifestyle priorities
Drag to rank from most important (#1) to least important (#7).
1 Income / wealth building
2 Schedule control / predictable hours
3 Geographic flexibility
4 Family time / parental leave
5 Mission / underserved populations
6 Research / academic career
7 Autonomy / independence
6. Tolerance for being ‘on call’
How much call are you willing to take on?
7. Comfort with financial literacy and healthcare economics
No wrong answers here. This helps us calibrate the session.
2

My Average Tuesday in 2036

You are 10 years out from this moment. Picture a typical Tuesday.

Why This Matters

Physician burnout dropped to 43% in 2024, but 54% of burned-out physicians say better compensation would help most—only 6% say mindfulness training would. Financial literacy is not a soft skill, it is a survival skill. Physicians who align career choices with personal values report higher satisfaction and lower burnout. Visualizing your future helps you make decisions today that serve the life you actually want to live.

Envision your life in 2036
Write 2–3 words or a time on each line. There are no wrong answers.
🏠
Where you live
Wake-up time
🚗
Commute
🏥
Main work setting
🩹
Patient population
📈
# of encounters/procedures
🤝
Team around you
💼
Employment model
📞
Call burden
🏡
Home by
🌙
Evening looks like
💭
One word for how you feel

Your responses are anonymous and will not be individually identifiable.