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
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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. -
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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
New "Prescription Wealth" Initiative Launches to Address Critical Financial Wellness Gap Among Physicians
FOR IMMEDIATE RELEASE
New "Prescription Wealth" Initiative Launches to Address Critical Financial Wellness Gap Among Physicians
Comprehensive program offers targeted financial planning resources for medical professionals at every career stage
WASHINGTON, D.C. – June 24, 2025 – The Healthy Physician Foundation, in partnership with the Medical Society of DC and leading financial and medical organizations, today announced the launch of Prescription Wealth, a comprehensive financial wellness initiative designed specifically for physicians, medical students, and their families.
The program launched with an inaugural dinner at La Ferme restaurant, supported by Journey Wealth Strategies, where participants engaged in discussions about effective strategies for physicians to meet their unique financial goals.
Prescription Wealth addresses the growing financial challenges facing medical professionals today. Recent data reveals concerning trends in physician financial wellness:
- Physicians are increasingly seeing a larger portion of their compensation from salary versus other types of compensation, while the number of physicians receiving compensation from multiple sources has decreased (AMA Benchmark Survey)
- While overall physician compensation has risen over the past six years, when adjusted for inflation, physician salaries have remained stagnant on average (Doximity)
- Nine in ten young physicians feel somewhat or completely unprepared if a disability prevents them from practicing (AMA)
- 23% of the medical school class of 2024 faced educational debt of $300,000 or more (AAMC)
"Physicians face unique financial challenges throughout their careers, from managing substantial educational debt to planning for retirement and legacy building," said Healthy Physician Foundation Chair Dr. Matthew Lecuyer. "Prescription Wealth provides targeted resources and expert guidance to help medical professionals navigate these complexities at every stage of their life journey."
The initiative offers a multi-faceted approach to financial wellness, including:
Upcoming Educational Programs:
- July 28: Legacy planning program in partnership with Georgetown University
- October 15: Career transition planning program with Curi RMB, focusing on planning for the second phase of medical careers
Ongoing Resources:
- Comprehensive video content, articles, and curated links focused on financial wellbeing for medical professionals
- Online resource portal accessible at healthyphysicians.org/prescriptionwealth
The program represents a collaborative effort between multiple organizations committed to physician wellness. Key partners include Asset Strategy Consultants, Journey Wealth Strategies, Resolve, and Curi RMB.
The Healthy Physician Foundation focuses on comprehensive physician wellbeing, with financial wellness representing a critical component of overall professional health and sustainability.
About the Healthy Physician Foundation The Healthy Physician Foundation is dedicated to supporting physician wellbeing across all dimensions of professional and personal health, with particular emphasis on financial wellness as a cornerstone of sustainable medical practice.
About the Medical Society of DC With more than 3,000 members, the Medical Society of the District of Columbia (MSDC) is the largest medical organization representing physicians in the District of Columbia. The Medical Society was founded in 1817, and it is dedicated to ensuring the well-being of physicians and their patients in metropolitan Washington. MSDC is continually seeking to guarantee access to appropriate medical care for all District residents, regardless of location or income.
For more information about Prescription Wealth, visit healthyphysician.org.
Media Contact: Robert Hay Jr., Executive Vice President, Healthy Physician Foundation Phone: 202-466-1800 Email: foundation@msdc.org