This content was created by Matthew Gillogly. This content was uploaded by Matthew Gillogly. This is a YouTube episode titled "How to get out of the insurance system?" (Practice Profit System podcast) published December 13, 2024. The excerpt is a solo presentation by Matt (Matthew) Gillogly offering advice to medical practitioners on deciding to leave the insurance-driven system, practical steps (set a goal, commit, consider part-time or cutting back, build alternatives), and resources to help (podcast, videos, webinars, the book "The Anatomy of a 7-Figure Medical Practice", and events such as the Business of Orthobiologics — co-hosted with Dr. Demers). The speaker encourages audience engagement (subscribe, rate, share) and promotes upcoming events and free resources.
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You no longer have to be part of the system. You can get out. So how do you do it? The first thing is, is that you have to make a decision. This is not something that you just go, well, wouldn't it be nice? Okay. This is something that you have to make a decision. You have to say to yourself, do I want to continue down this path for the next 20 years in medicine? Or do I want to create a better option? Okay, now I'm not telling you that you have to leave immediately and that you have to blow everything up. That's not what I'm saying. But what I'm saying is that you have choices and you have options. And if you are sick and tired of being treated like crap, then why stay there? That's like being in an abusive relationship. Okay, so if you're burnt out, if you're tired of this rat race that exists in the medical field, Find a way out. Decide. Make a decision. First and foremost, set the goal. Second, make a decision. Make a commitment that you're going to get out. And getting out, by the way, can be cutting back and going part-time in the insurance space while you build something part-time. Now, the other question that comes up, and we'll talk more about this in future podcasts, the other topic that comes up all the time is how. How do I do this? Well, first thing I will tell you is that listen to our podcast, watch our videos, subscribe, get a copy of our book, The Anatomy of a 7-Figure Medical Practice. Okay? Do all of those things. There's tons of free resources that we provide to you. Okay? You can go through our podcast, you can go through our videos, you can read our book, you can go through our webinars, you can go through challenges that we do. Those are all readily available free from the comfort of your own home. The other thing I would tell you is, for example, let's say you wanna go into the world of orthobiologics. Okay? Regenerative medicine. Twice a year, minimum 2 times a year, we host an event called the Business of Orthobiologics. We affectionately call it the BOB. Okay? Now, in the notes and on this and everything, you'll have a link that you can learn more about, about the next date that's coming up. We have convenient payment plans. We do it on a Saturday and Sunday, and it's 2 days where we talk about the science of medicine and the science of business. It's myself and Dr. Demers, and it's— we did our first event this last year, and it was a home run, and we're going to be doing more and more of it. Okay? Get around other doctors that are doing this. Get around other doctors that have done this. Hope you liked this. If you did, give us a big thumbs up. Share this with other friends. Rate us. Give us 5 stars. Subscribe. Give us a thumbs up on the video, whatever it is, and come back and listen more. This has been Matt Gillogly. This is the Practice Profit System podcast, and we look forward to talking to you soon. Have a great day, everybody.
