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5 Reasons Physicians Should Consider Asset ProtectionWhile there is no real formula for determining whether an individual or business should engage in asset protection, as a preventative measure, it should be considered by all high-net worth individuals and those with high-risk professions, including doctors.
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Is it Time to "Fire" Some of Your Stock Holdings?You have to be the boss when it comes to your portfolio and that means being willing to sell stocks that aren't adding to your bottom line. How can you know whether or not it's a good time to let go of a stock?
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The Physiological Processes that Drive Financial DecisionsNeuroeconomics is an emerging field that uses economics and neuroscience to better understand the financial decisions that we make. Behavioral economics, which incorporates elements of psychology, is also helping us better understand monetary behavior.
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Should Physicians Document Only for Other Physicians?With the advent of ongoing audits for medical necessity and accurate coding, whose documentation is being scrutinized to ensure that the medical services being provided are reasonable and necessary? The answer: physicians.
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Tax Planning Tips to Achieve Maximum Tax SavingsWhile planning to reduce your taxable income is important, it is equally imperative that you take advantage of the multitude of federal and state tax credits that are available.
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Cash is King, Especially at Year EndThere are several techniques that can be utilized to reduce and even eliminate the growing disparity between cash and the year end bonus amount; thereby reducing the need for borrowing and loans.
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The Importance of Beta on Your InvestingIt is a good idea to understand investing concepts like Beta so that you can have a more informed discussion with whomever you choose to receive investment/retirement planning advice from.
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Do New Year's Resolutions Ever Work?There's something about Jan. 1 that makes us all want to live healthier lifestyles. But do we actually make good on these promises? Here's what the statistics tell us.
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Stocks Aren't CheapThe S&P 500 is trading at 30 times estimated 2009 earnings, not the low P/E Wall Street claims, that was light on stocks in 2008 and still is now.
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How to Save for Retirement with Asset-protected Tax-deductible DollarsIn order for a physician business owner to survive and thrive, they must focus on three tax issues: deductions, asset protection, and flexibility in plan design.
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Keeping Patients Healthy Outside the OfficeOne of the great promises of health technology is the ability to monitor patients' status outside of the office.
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Are You Ready for EHR? Is Your Vendor?A look at how EHR certification of vendors may impact physicians' medical practices as they prepare to select and implement an EHR.
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The One Factor That's More Important Than Your Annual ReturnIt is common wisdom that the longer you have to invest, the more risk you can take - because if you lose money, you have plenty of time to make it up. And that's true. But that's not the full story.
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Voice Contact Supplementing Eye Contact, and other EMR Techniques that WorkStill fretting over how to maintain sufficient eye contact during a patient visit with your new EMR? Dr. Pullen has been using one in the exam room since 1997 and says though it is different, it doesn't have to be less satisfying.
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10 Smartphone Apps Everyone Can UseWe often cover smartphone apps that help you do your job better, but we know even doctors need some downtime. With that in mind, we've compiled a list of the great apps that can be used daily by just about anyone.
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Volunteering Your Specialty For Children Around the WorldPaul Fleenor, DO, volunteers with Connecting Kids with Care to provide orphans and other underserved individuals better access to quality health care.
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Want to Avoid a Malpractice Lawsuit? Think Like an AttorneyPhysicians who'll thrive best in the future will be those most prepared for vexing, unwarranted, and time-consuming malpractice suits. To join their ranks, use these safe, inexpensive, proven malpractice defense strategies.
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Personal Liability Risks You May Be OverlookingMedical professionals are naturally mindful of the risk of claims on their assets, but many wrongly assume that having adequate professional malpractice insurance is protection enough. They’re overlooking other types of claims — those having nothing to do with their professional practices.
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The 6 Documents You Need for Your Estate Plan PlaybookThe number of retirees is surging. The last thing pre-retirees want to do at this stage of their lives is to fumble while in the red zone of their retirement date.
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Health Care Insurers Cut Costs by Excluding Top HospitalsPeople buying insurance plans under "Obamacare" will have limited access to some of the leading U.S. hospitals, including two renowned cancer centers, as insurers try to cut costs.
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The Cost of ProcrastinationProcrastinating on saving for your retirement, even by five years, can cost you hundreds of thousands of dollars during your golden years. Regardless of your income, you cannot afford to not participate in retirement programs.
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Study: Consumer Choice Doesn't Significantly Lower Healthcare SpendingA new study throws cold water on the popular idea that consumers can save themselves and the healthcare system loads of money if they become savvier shoppers for healthcare services.
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The Missing Piece of the Portfolio PuzzleAs alternative investments, managed futures values have a low or negative correlation to traditional investments and can fortify portfolios against the kind of market events that we experienced in 2008.
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Time in the Market: More Important than Timing the MarketDespite watching the market rise, the bigger issue with transitioning your portfolio to cash is that, when trying to time the markets, you must be right twice.
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Insurance Exchanges Upheld in CourtA victory in court rejects a challenge to the ACA's health care marketplaces.
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What Does Comprehensive Financial Planning Mean to You?“Financial Planning” and “Financial Planner” can have various and sometimes misleading meanings.
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Fitness and Personal Health Apps Could Pose Privacy NightmareCurrently, fitness data gathered and stored by wearable fitness trackers, can potentially be sold to third parties, like employers, insurance providers, and other companies, without the users' knowledge or consent.
