A start-up composed of 3 offices, 5 desks, 2 printers, and a game of corn hole placed in the middle of the conference room at Patient Funding Alternatives certainly doesn’t have the same feel as many of the business goliaths Boston College (BC) students are interning at this summer. But what Patient Funding Alternatives, a company that works with hospitals to enroll patients in insurance programs better suited for their needs, lacks in size it makes up for in energy, creativity, and personality. During the past few weeks I’ve gotten to take part in the challenge of working to grow this budding company into the highly profitable business it has the potential to be, and I’ve gotten a chance to try out my skills in the “real world” of business. During these first few weeks I quickly identified the advantage a BC education has given me in the working world, and these are just a few of the traits BC has helped me strengthen that I’ve been able to use in the early part of my internship.
The United States spent 9% of its budget, over $300 billion on medicaid in 2015. By educating medicaid patients on various health programs available to them, Patient Funding Alternatives can lower spending on medicaid while simultaneously increasing medicaid patients’ access to physicians and prescription drugs.
- Flexibility- Working with a company that’s made up of 5 people I often find myself needing to be a jack-of-all-trades. At any one moment I may be needed to research healthcare policy information, create a presentation for a client, or help write logic for our companies software system. The liberal arts education BC offers has provided me the tools to excel in a variety of roles with Patient Funding Alternatives.
- Competitiveness-Like it or not, competition is an integral part to the BC experience. While the competition can be a detriment, it provides me a competitive edge for the working world. Working for a start-up, it’s important to be willing to put in long hours and try new business strategies to make your business viable, and being from BC has helped motivate me to create strategies and do what is necessary to get ahead of business competitors.
- Curiosity- Boston college has taught me not only that there is a wealth of interesting information in the world to learn about, it has taught me that often times the tiny, sometimes mundane details can be what leads to some of the greatest innovation. With the complexity of the U.S. healthcare system there’s always something else for me to learn about what relates to our business. While learning the details of our healthcare system may not always take my breath away, I’ve seen that learning these details can lead to innovation (and a profitable business).
Written by James Kleinschmidt, BC Class of 2017