Meet Prescription Wealth
Specialized Care for Your Wealth
Physicians are unique in their financial needs. Whether you are beginning your medical journey in medical school, or are looking at full-time retirement and legacy building, or in-between, your financial needs are unique from your peers.
The Healthy Physician Foundation focuses on physician wellbeing, especially in financial wellness. The stats say it all:
- Physicians are increasingly seeing a larger part of their compensation from salary versus other types of compensation, while the number of physicians seeing compensation coming from one source decreased (AMA Benchmark Survey).
- Overall physician compensation has risen over the past six years, but when factoring in inflation, physician salaries have actually been stagnant on average (Doximity).
- Nine in ten young physicians felt somewhat or completely unprepared if a disability prevented them from practicing. (AMA)
- 23% of the medical school class of 2024 faced educational debt of $300,000 or more. (AAMC)
The Healthy Physician Foundation has partnered with multiple financial options to support your needs throughout your career. The best thing is these options can support you even if you leave the DC area (although we prefer you stay!). Learn more below about some of the ways Prescription Wealth keeps you financially healthy.
MSDC PEP 401k or Office/Individual Retirement Planning
Individual and Family Financial Planning
Contact
Olive Mitchell (202) 822-1265 or omitchell@rmbcap.com
Contract Negotiation and Salary Comparisons 
Contact Melissa Knipp at (573) 312-4467 or melissa@resolve.com
Financial Wellness Events
-
2025 MSDC Annual MeetingNovember 3, 2025 6:00 PM to 9:00 PM
Riggs HotelJoin MSDC for an annual tradition - a meeting of members to share the year that's passed and look ahead to a bright future for medicine. -
From Burnout to Balance: A Financial Roadmap for the Second Half of Your CareerOctober 15, 2025 6:00 PM to 8:00 PM
Curi RMBJoin MSDC and Curi RMB as we discuss strategies for mid-to-late-career physicians to financially plan for their future. -
.png?sfvrsn=dddd849f_1 "ECPS reception 360 x 180 px)")
Welcome Back to DC: Fall Medical Student and Early Career Physician ReceptionAugust 26, 2025 6:30 PM to 8:30 PM
Mr. Smith's of GeorgetownJoin our annual event to help get ready for a new academic year. -
Legacy Beyond The PracticeJuly 28, 2025 6:30 PM to 8:30 PM
Georgetown UniversityJoin MSDC, the Healthy Physician Foundation, and Georgetown University as we help you shape a financial legacy plan.
Envision Financial Peace of Mind For You and Your Team
What if you had a financial option that allowed you to plan for your own goals while giving your staff a new incentive to stay?
The MSDC 401k Pooled Employer Plan is a new way to give value to your office and support your financial goals. The plan is designed by financial professionals and guided by the DC physician community.
Thank you to our inaugural donors of Prescription Wealth
These individuals have contributed to this campaign to get it "up and running" and support financial wellness for the healthcare community.
Dr. Nada Mallick Ashraf
Dr. Neal Barnard
Dr. Klint Peebles
Dr. Nicole Singh
News
Why You Should Stop Everything and Donate to the Healthy Physician Foundation
In 2021, MSDC created the Healthy Physician Foundation. Why? Because we wanted you to have the resources to support your own wellbeing and, if needed, recovery, independent of where you work. DC has a wealth of resources to help you be the best you but none were (1) physician overseen and (2) independent of a hospital or health system.
The Healthy Physician Foundation is your resource for health, and that is why we are asking for your donation today.
- Supporting peers: By donating, physicians directly contribute to the wellbeing of their colleagues and the medical community.
- Addressing a critical issue: Physician burnout and addiction are significant problems affecting healthcare quality and patient outcomes.
- Improving patient care: Healthier, more balanced physicians provide better care to their patients.
- Tax benefits: We're a 501(c)(3) organizations so donations are tax-deductible.
- Investing in the future: Supporting HPF helps ensure a sustainable healthcare workforce by investing in things like research, the Physician Health Program, and healthy at-home cooking programs.
- Personal relevance: You've experienced or witnessed burnout and addiction, so you know the need.
- Enhancing the profession: More wellbeing resources mean more ways to build a better physician workforce.
- Preventing medical errors: Reducing burnout and addiction can decrease the likelihood of medical mistakes.
- Promoting work-life balance: Our programs help create a culture that values physician health and personal time.
- Reducing healthcare costs: Addressing burnout and addiction can lower turnover rates and associated expenses.
- Setting an example: Physician donors demonstrate leadership and commitment to their profession's wellbeing.
- Giving back to the community: Healthy physicians are better equipped to serve their patients.
What programs do you build by donating?
- Our Physician Health Program to help physicians in recovery get the support and monitoring they need without overburdening their finances.
- Our train-the-trainer program to create scholarships for physicians to become Lifestyle Medicine Certified, then train more DC physicians on best practices.
- Our research projects, like the Gender Equity Task Force, can build on their research to create more takeaways and items for advocacy for better compensation.
- Our coaching and peer-to-peer programs to allow physicians and medical students to receive more complimentary sessions.
Donate today and help you and your colleagues have a healthier, better community.