loader from loading.io

Ep301 - Why Physicians Are Leaving Insurance-Based Medicine in 2025

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

Release Date: 07/09/2025

EP321: How to Set Your 2026 Goals Now (Yes Now!) - A 6 Week Jumpstart for Physician Entrepreneurs show art EP321: How to Set Your 2026 Goals Now (Yes Now!) - A 6 Week Jumpstart for Physician Entrepreneurs

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

This episode is sponsored by . Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _____________   This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one...

info_outline
EP320: Ten Reasons Why Every Physician Needs a Mentor show art EP320: Ten Reasons Why Every Physician Needs a Mentor

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

This episode is sponsored by . Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _____________   This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one...

info_outline
EP319: Inside the Room - What Really Happens in Millionaire Masterminds show art EP319: Inside the Room - What Really Happens in Millionaire Masterminds

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

This episode is sponsored by . Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _____________  This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one...

info_outline
EP318: Seven Steps to Building a Patient Funnel That Converts (Without Ads) show art EP318: Seven Steps to Building a Patient Funnel That Converts (Without Ads)

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

This episode is sponsored by . Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _____________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one...

info_outline
EP317: Five Emerging Business Models for Physician Entrepreneurs show art EP317: Five Emerging Business Models for Physician Entrepreneurs

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

This episode is sponsored by  Lightstone DIRECT invites you to partner with a $12B AUM real estate institution as you grow your portfolio. Access the same single-asset multifamily and industrial deals Lightstone pursues with its own capital – Lightstone co-invests a minimum of 20% in each deal alongside individual investors like you. You’re an institution. Time to invest like one. _________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one...

info_outline
EP316: Protecting Your Medical Career: The Legal Blindspots Physicians can’t Afford to Miss show art EP316: Protecting Your Medical Career: The Legal Blindspots Physicians can’t Afford to Miss

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

This episode is sponsored by . Lightstone Direct LLC connects you to institutional-quality real estate investments backed by a $12-billion AUM firm that co-invests alongside you—your partner in building lasting wealth. All investments involve risk.  Please visit for a full list of disclosures. _________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one platform streamlines scheduling, patient communications, and insurance verification,...

info_outline
Ep315: The BootstrapMD Blueprint: Launch Your Practice in 14 Days (No Investors Required) show art Ep315: The BootstrapMD Blueprint: Launch Your Practice in 14 Days (No Investors Required)

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

This episode is sponsored by . Lightstone Direct LLC connects you to institutional-quality real estate investments backed by a $12-billion AUM firm that co-invests alongside you—your partner in building lasting wealth. All investments involve risk.  Please visit for a full list of disclosures. _________ This Episode is also sponsored by Ryze Health Every minute counts in medicine—so why waste it on clunky admin work? With Ryze Health, practice management becomes effortless. Our all-in-one platform streamlines scheduling, patient communications, and insurance verification, giving you...

info_outline
EP314: How to Hire Your First Virtual Assistant (Without Getting Burned) with Lesley Pyle show art EP314: How to Hire Your First Virtual Assistant (Without Getting Burned) with Lesley Pyle

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

This Episode is sponsored by Ryze Health  Running your own practice shouldn’t mean struggling with rising health insurance costs. That’s why a physician designed Ryze Health Premium Insurance—exclusive coverage crafted for independent doctors, their teams, and families. Imagine lowering costs while gaining the freedom to focus fully on patients and the people who matter most. Discover how much you could save at ryzehealth.com and join the growing network of doctors choosing smarter coverage.  Follow @RyzeHealth on Instagram and LinkedIn. _________________    Can...

info_outline
EP313 - The Big Rocks Philosophy: What Really Matters in Medicine show art EP313 - The Big Rocks Philosophy: What Really Matters in Medicine

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

This Episode is sponsored by Ryze Health  Running your own practice shouldn’t mean struggling with rising health insurance costs. That’s why a physician designed Ryze Health Premium Insurance—exclusive coverage crafted for independent doctors, their teams, and families. Imagine lowering costs while gaining the freedom to focus fully on patients and the people who matter most. Discover how much you could save at ryzehealth.com and join the growing network of doctors choosing smarter coverage. Follow @RyzeHealth on Instagram and LinkedIn. __________ Why do physicians work 60-hour...

info_outline
EP312 - PIMD Con 2025: Your Roadmap to Winning Big as a Physician Entrepreneur show art EP312 - PIMD Con 2025: Your Roadmap to Winning Big as a Physician Entrepreneur

BootstrapMD - Physician Entrepreneurs Podcast with Dr. Mike Woo-Ming

This Episode is sponsored by Ryze Health  Running your own practice shouldn’t mean struggling with rising health insurance costs. That’s why a physician designed Ryze Health Premium Insurance—exclusive coverage crafted for independent doctors, their teams, and families. Imagine lowering costs while gaining the freedom to focus fully on patients and the people who matter most. Discover how much you could save at ryzehealth.com and join the growing network of doctors choosing smarter coverage. Follow @RyzeHealth on Instagram and LinkedIn. __________________ How can physicians make the...

info_outline
 
More Episodes

This episode is sponsored by: My Financial Coach

You trained to save lives—who’s helping you save your financial future? My Financial Coach connects physicians with CFP® Professionals who specialize in your complex needs. Whether it’s crushing student loans, optimizing investments, or planning for retirement, you’ll get a personalized strategy built around your goals.

Save for a vacation home, fund your child’s education, or prepare for life’s surprises—with unbiased, advice-only planning through a flat monthly fee. No commissions. No conflicts. Just clarity. Visit: https://myfinancialcoach.com/bootstrapmd/ to meet your financial coach and find out if concierge planning is right for you.

________

Burnout is still sky-high. Reimbursements keep shrinking. In this solo episode, Dr. Mike Woo-Ming explores why more and more physicians are turning away from the traditional insurance-based model and instead embracing direct pay, concierge, aesthetics, telemedicine, and niche practices. He shares the data, real-world stories, and his own experience to help you understand the market shift and take advantage of it.

This isn’t just about frustration—it’s about opportunity. Dr. Mike breaks down how to move forward strategically, even if you’re not ready to quit your job just yet. From small side gigs to full-blown business transitions, this episode is your blueprint for practicing medicine on your terms.

_____________

 Three Actionable Takeaways:

  • Recognize the problem hiding in plain sight. Burnout, shrinking margins, and prior auth fatigue are signals—not a dead end.

  • Start simple. Test a part-time model, telemedicine, or aesthetics before fully transitioning out of insurance.

  • Think like a CEO. Make the mental shift from being an employee to owning your value and building your business.

About the Host:

Dr. Mike Woo-Ming has over 20 years of experience as a physician entrepreneur. He’s built and sold multiple seven-figure companies and now leads Executive Medical, a group of clinics specializing in age management and aesthetics. Through BootstrapMD, he mentors physicians in business, content creation, and autonomy.

👥 Let’s Connect: www.bootstrapmd.com
🎙 Want to start a podcast? Check out Doctor Podcast Network