About Business of Medicine 101
Practical, plain-English guides to the business side of medicine, written by a physician who built it.
Why this site exists
Medical training teaches physicians how to care for patients in remarkable depth. It rarely teaches how a contract is structured, how a claim is paid, how a practice survives its first year or how a procedure suite is financed. Most physicians learn those lessons the expensive way, after they have signed.
Business of Medicine 101 is meant to close part of that gap for practicing physicians, fellows finishing training and practice owners. Each guide explains one topic in plain English, ends with the questions worth asking, and lists the public sources behind its factual statements, mainly from CMS, the HHS Office of Inspector General and other official bodies.
How to use the guides
The guides are educational. They describe laws and payer rules in general terms, and those rules differ by state and change often. Use them to prepare for conversations with your own attorney, CPA, financial advisor and billing professionals, not as a substitute for them. The site carries no advertising, no tracking and no affiliate links, and it does not endorse products or companies.
About Dr. Irfan Siddiqui, D.O., FACC, FSCAI
Dr. Irfan Siddiqui is an interventional cardiologist and physician entrepreneur based in Central Florida, with more than 25 years in medicine. He is board certified in internal medicine, cardiology and interventional cardiology, and is a Fellow of the American College of Cardiology and of the Society for Cardiovascular Angiography and Interventions.
He earned his medical degree from Nova Southeastern University College of Osteopathic Medicine and trained at Michigan State University, where he served as Chief Resident and Chief Cardiology Fellow. He completed his interventional cardiology fellowship at the University of Utah, where he took part in national trials and registries. His peer-reviewed research on patent foramen ovale closure has appeared in the Journal of Interventional Cardiology and CHEST.
His procedural technique for atrial septal defect (ASD) closure in the cardiac catheterization lab, a method that minimizes radiation exposure, is used nationally. He has been named a Top Doctor for multiple years and has served as an associate professor for local medical schools, nursing schools and colleges.
On the business side of medicine, he founded the Private Insurance Operating Cardiac Model and the Time Share Cardiac Suite Concept, both used nationally, and the Doctor Lease Back program, which helped physicians strengthen their practices and finances. His business was named Top Business of the Year.
He is the author of The Dark Side of Medicine (Impact Publishing, 2022), a candid account of the business realities of medicine for doctors and patients. Ideas from the book appear throughout these guides.
Educational information only — not legal, financial, tax or billing advice. Consult qualified advisors.