How Much Time and Money Doctors & HCPs Should Invest in Professional Development
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Staying current with technology is crucial for doctors and HCPs, as advancements can significantly impact patient care and treatment outcomes. Balancing the investment of time and money is key to ensuring that you remain proficient without becoming overwhelmed.
Here are some general guidelines:
Time Investment
1. Regular Updates: Allocate 15 minutes every day to read the news, developments, and new technology launches with regard to your profession. Setting aside one hour a week for this purpose can be a manageable goal. We have created Health Parliament mobile app (available on Android and iOS), so that you can chew on the latest updates while on the move or the time you get between meetings. We have worked with the world’s best leaders to bring these updates, which will keep you updated. Leave it to us to fill you with all the updates you need. The Health Parliament is free for three forums you join and no advertisements are there in any version - free or paid versions, so this is of the highest professional grade.
2. Professional Development Courses: Participate in courses related to new technologies. I am a believer that each doctor / HCP needs to be updated whether there is a CME credit or not, you are professionally duty-bound for your patients to update yourself. The?Academy of Digital Health Sciences?has created courses working with the world’s best leaders who created the domain and shaped digital health, and the Academy is professionally accredited by CPD, UK. Join the course and upgrade your knowledge. The Academy of Digital Health Sciences stands out as the world’s best academy for Digital Health training, beating any IVY league University when it comes to courses on Digital Health. Check out the faculty.
3. Workshops and Conferences: Attend workshops, seminars, or conferences that focus on new technologies. These can be held annually or semi-annually, depending on your specialty and interest. We highly recommend?www.globalsummit.health,?which remains amongst the best Digital Health conference that gets global leaders who have shaped the domain of Digital Health.
4. Professional Associations: Engage with professional organizations that offer networking with like-minded clinicians and Healthcare professionals. Global Digital Health Professional Council can fill this need. This is free and hosts monthly meetings for its members.
Financial Investment
The global costs of various options are mentioned below, I strongly recommend that one invests between 1-3% of one's annual income or professional fees in technology updates and gadgets. I have been doing this since I started my job. I travel to attend conferences with world leaders, meet them, and have made amazing friends all over the world. I also buy the latest gadgets, and try them. This keeps me mentally infinite, which is a must-have mindset for the VUCA world. I am sure you will learn it before 2025. This is an interesting time. Spending money for professional updates and upgrades should be non-negotiable professionally.
Here are some of the global best practices/recommendations for those who wish to lead, irrespective of technological advances.
1. Educational Resources: Subscriptions to medical journals, online courses, and other educational resources can vary in cost. Budgeting for these resources, typically ranging from a few hundred to a couple of thousand dollars annually, is advisable.
2. CPD / CME Costs: CPD/CME courses and conferences often have registration fees, which can range from $100 to several thousand dollars.
3. Technology Tools: If your practice or institution requires it, investing in the latest medical devices or software might be necessary. This can be a significant cost, but healthcare facilities often cover it or include it in the budget for technology upgrades.
4. Professional Memberships: Membership fees for professional organizations can range from $50 to $500 annually, depending on the organization and the level of access provided.
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Academy of Digital Health Sciences, in partnership with Health Parliament & Global Digital Health Summit, has created a?Digital Health Ecosystem?to meet your needs for information and professional updates through Health Parliament's Professional Plus Membership and includes a foundation course – The Essentials of Digital Health course, & 12 webinars with live interactions with global leaders plus a delegate pass to Global Digital Health Summit. Investing time and money in staying updated is beneficial for your professional growth and enhances the quality of care you provide to your patients. To join the Ecosystem, please click this.
Planning your Digital Health Implementation
? Prioritize: Focus on the technologies most relevant to your specialty and practice.
? Institutional Support & Networking: Join a network of friends who are interested in Digital Health. You will meet global and national leaders in person at www.globalsummit.health. Bring a few hundred visiting cards, or, I suggest, best have a QR code of your LinkedIn account.
? Technical Solutions: Meet the vendors on which solutions you can use at the Global Digital Health Summit, Expo & Innovation Awards.
? Learning and iteration: Document your learning and iterate as you learn.
? Showcase the success stories: When you have successfully implemented a Digital Health solution or service, please come next year and showcase your success stories to inspire others to adopt Digital Health. Apply for the award now at https://www.globalsummit.health/awards
You can still take advantage of the Independence Day offer and gift the Summit Delegate Pass to your friend, and it will be on us. Register for yourself and give your friend the best gift for Digital Health.
There is nothing more useful than seeing what is happening and meeting the leaders who are driving the world of healthcare innovation. We are bringing them to Mumbai on October 4th and 5th. You will be amazed at what you can do leveraging Digital Health. I will meet you in person in Mumbai at the famous Jio World Convention Centre. You watched how global celebrities and leaders met recently at the world's most-watched wedding of the century. This time, come to the same venue as the world's best convention centre and experience some world's wonders at www.globalsummit.health
See you soon.
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