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Use Simple Tools and Statistics to Track Income and ExpensesSuccess is a journey. Having the proper accounting methods established early on in your career will make the journey more enjoyable, although never without challenges.
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Who's the 'Alpha Finance Person' in Your Family?Letting your spouse handle all financial matters and leaving yourself in the dark is a dangerous gamble. If a crisis arises, you'll be terribly handicapped by your inability to grasp your financial situation.
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9 Easy Ways to Relieve Stress and AnxietyBeing a physician can often be stressful, here's 9 ways to help relieve that stress and any subsequent anxiety.
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Moving Toward a No-Debt Lifestyle: 7 Steps to ConsiderAny financial planning process begins with necessary changes in financial behavior - it's all about adopting good habits and abandoning bad ones. The first: start with nickels and dimes.
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Today's No-Brainer Energy InvestmentRecently, the International Energy Agency (IEA) published a report on total global investments in one specific form of "energy" in 2012. It pegged investment in this form of energy at between $310 billion and $360 billion. What is it? The answer might surprise you.
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Healthcare Recruiting in a Challenging MarketThe biggest healthcare-recruiting challenge is finding, screening and qualifying the best candidates in a sea of applicants, and then attracting the right people. Some steps to take your recruiting approach to the next level.
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New Policy Impacting Practice Investment DecisionsPurchasing a medical building or equipment, such as an MRI machine, can be a savvy investment move for physicians seeking to build their personal wealth portfolio.
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Negotiating Indemnification Provision in Practice PurchasesAn indemnification provision is generally common in a purchase agreement of a practice; and buyers and sellers have very different perspectives.
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Identifying and Living By Our "Why?"Is "Why?" the critical career question that you never ask?
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If You Invest in Lyft or Uber, You Might be Taken for a RideLyft and Uber are sweeping the country with their popular and easy to use ride share services. However, don't get lost in how much you like them as a consumer before you make an investing decision concerning either of these companies.
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Misunderstanding Obama's Race ProblemKansas Governor Kathleen Sebelius finally said what seems to be the unspoken elephant in the presidential campaign - that Barack Obama's race will be a factor for some voters on Election Day.
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State Tax Authorities Increase Scrutiny on People Claiming New DomicileSuppose you own 2 houses: one in a state with an income tax and another in an income-tax-free state, such as Florida or Nevada, where you spend an increasing amount of time. You're ready to assert you primarily reside in the tax-free state. Goodbye, big tax bill?
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Why I Will Not Take Medicare MoneyRuss had been the low bidder on a government job which he finished satisfactorily, on time, for the agreed-upon price. Things went unusually well, so he made more profit than expected. The government decided that he had made too much, and not only demanded a refund but also decided to audit all his private contracts.
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Is It Time to Have a Family Money Meeting?People often find it harder to talk about money than politics, death, or religion; to get family money issues out in the open. You don’t necessarily have to be in the “1%†to benefit from having one or more family meetings.
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Prospective Health Assessments Give Providers Actionable Insights into Individual Member Health StatusIn today’s environment, the need for comprehensive, accurate patient data to monitor and manage chronic conditions is critical for effective population health management.
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How to Write an Effective Physician ResumeA physician’s resume can be a tricky thing to write. Follow this guide to ensure you write an effective resume that encompasses all of your skills and experience to land your next job.
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Practice Benchmark Report Shows Reason for HopeOperating margins for community oncology practices are decreasing, although the trend seems to be slowing, buying some time for practices to adjust their business models and perhaps survive.
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Top-Ranked Health Care Mutual FundsThe health care sector is one of the most desirable avenues for parking investments when markets are headed south and these five health mutual funds are expected to outperform their peers in the future.
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Holidays Highlight Need for Ample Liability InsuranceAn unexpected situation could put you at risk of landing in court. An umbrella policy can protect your finances in case of a big lawsuit.
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When to Buy Holiday Airline Tickets to Save the Most MoneyEven though we’re barely beyond Labor Day, Hipmunk suggests we start thinking about Thanksgiving and Christmas if we want to spend less money on airfare. To save the most on flights to see friends and relatives who live in the top 20 largest markets, the travel booking site recommends we purchase airline tickets six weeks in advance.
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Save for Retirement and Borrow for College InsteadMany parents don't want to burden their children with college loans, but young people have a lifetime of earnings ahead of them they can use to pay down their debts. Parents can't borrow their way into retirement.
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Burwell: It's Up To States, Congress To Help Consumers If Court Strikes Down ACA SubsidiesIt will be up to state officials and Congress to help consumers who can't afford health insurance if the Supreme Court strikes down health law subsidies for millions of Americans, Health and Human Services Secretary Sylvia Burwell said Wednesday.
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Investment Advice from a CrookBernie Madoff recently spoke to MarketWatch and had some interesting advice for the SEC and the small investor. A lot of what he had to say, most people have heard before, but some of it is great, new advice.
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End of Year 401(k) Tips for Private Practice OwnersMaking sure your personal, and employee's, 401(k) is the best it can be should be a priority as you head into the new year. Using this guide, you might be able to find ways to make your plan better.
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Chronic Care Management Reimbursement: Why Aren't More Doctors Billing for It?When the program first began, CMS anticipated many physicians would take advantage of this new source of revenue. But instead of jumping on the bandwagon, quite a few doctors have opted not to participate in billing for CCM services under CPT code 99490.
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How a New Medical School Aims to Address New Jersey's Physician ShortageA new medical school coming to New Jersey will be the state's first private medical school and, officials hope, a key engine to address the physician shortage.
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10 Hidden Gem Travel Destinations You Won't Find in Most GuidebooksIf you're an avid traveler, chances are you've got a list of well-known places you'd like to visit one day. These 10 destinations may not be well known, but they certainly warrant a spot on your travel "bucket list."
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If Costly Care Is the Elephant in the Room, What's the Insurance Industry?Although new regulations governing the insurance industry will soon take effect, we still face rising costs and uneven quality of care.
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Take Advantage of Extended Tax DeductionUntil the end of 2011, medical practices can write off up to $500,000 of new equipment expenditures - on things like diagnostic instruments and EMR software - in a single tax year as opposed to multiple years.
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You Can Lose Assets in a Medical Malpractice Lawsuit - Part IIDon't fool yourself. If an attorney has the opportunity to attack unprotected assets in order to get a client paid in full, they will do so. Further, if they didn't pursue those assets, the attorney would then be liable for malpractice to the client.
