The book certainly gives solid practical advice on the details of being both a physician businessman. The author cites specific consideration of opening a private practice, cites pro's and con's of using billing software versus outsourcing. The information is also recent, as he has a chapter about marketing using social media. The book was well put together.
As a first year medical student, this frames decisions I have to make down the road. I work with a private practice physician in Florida, and he says that medical students need to be taught some business courses, so I decided to look into it with my spare time.
The limitation of this book is it focuses exclusively on private practice. The author puts it out in the first chapter that he chose private practice because it is more financially rewarding. As a medical student, I am still considering working for a hospital, possibly as a surgeon, hospitalist, or ER doc. The information presented would not be nearly as relevant. The other limitation (and asset) is how much information comes from his personal experiences. For instance, he cites that group practices tried to work him over by--in addition to paying normal overhead to the practice for rent, employees, etc.--making him pay overhead to the group physicians. What are the advantages of group practices? If all of them worked that way then no one would form them. Or is there something to forming the group rather than joining one?
If you are considering private practice as a 3rd or 4th year resident, this is a must read. But for all others, it may not be as useful.