These Healthcare Companies Are Tops in Employee Perks
January 25th 2011Each year, Fortune magazine ranks the "Top 100 Best Companies to Work For," based on corporate benefits, perks, and how well they treat their employees. This year, 16 healthcare companies made the list -- here's a look at some of the best perks in the business.
A Physician Business Success Story
January 25th 2011Once in a while, I receive an email from a colleague that is such a gem that I am compelled to share it with you, with the permission of the email's author. In this case, it's a physician business owner who found success in his business by way of the most critical element to consistent growth: Embrace marketing.
With Working Capital, How Much Is Enough?
January 24th 2011When it comes to deciding how much working capital you need to run a medical practice, how do you know when enough is enough? The answer is not always easily attainable. And in this tough economic environment, combined with the uncertainty in the healthcare industry, finding a lender willing to extend credit to provide as much working capital as you need is tougher for physicians.
Is This the Beginning of Real Healthcare Reform?
January 20th 2011The U.S. House of Representatives this week voted overwhelmingly to repeal President Obama's healthcare reform law. We also received further confirmation that Obamacare is particularly hurtful for the small businesses that are the heart and soul of healthcare: physician practices. The whole country is now watching to see whether this vote was merely a symbolic gesture or the first step toward real, common-sense reform.
As U.S. Overheats, Seek Out Energy Sector, Emerging Markets
January 19th 2011Emerging markets and select energy stocks should be a key part of a risk-averse portfolio, particularly now when Wall Street is greatly overvalued, one advisor cautions. He points to three indicators as evidence of the U.S. stock market's current frothy conditions.
Still Working Full-Time? Then It's Time to Get to Work
January 19th 2011Everywhere I go I see unhappy doctors -- all they do is complain about rising malpractice premiums, more paperwork, declining pay, and 60-hour workweeks. This includes doctors who've been practicing medicine for several decades. My question is: "Why are you still practicing medicine full-time?"
Contain Expenses to Increase Returns
January 18th 2011Studies on managed mutual funds show that less than 20% regularly beat unmanaged benchmark indexes. So why pay money-management expenses that can average 1.5% to 2.0% for performance that rarely beats the benchmark? The easiest way to guarantee performance over the long-term is to keep your investment expenses contained.
Are Income Limits Attached to the Payroll Tax Cut?
January 17th 2011The payroll tax cut -- which lowered the amount workers pay toward Social Security taxes to 4.2% from 6.2% -- kicked in this month, and a reader wants to know if there are any income-eligibility limits on the tax break. Let's find out ...
Physicians Are Top iPad Adopters. Here's Why
January 17th 2011Conventional wisdom says physicians tend to lag behind when it comes to adoption of new technology -- just not when it comes to the iPad. Surveys show the healthcare industry is one the top adopters of iPad useage on the job. Physicians says the device's mobility, flexibility, ease-of-use and educational attributes are a few of the many reason iPads are showing up in more exam rooms.
Medical Practice Hiring Headaches -- and How to Avoid Them
January 17th 2011A reader recently reached out to me for help in finding quality, on-site managerial help, after dealing with a couple of duds. Hiring the right people for your medical practice or physician business is critical to success, and also one of the most difficult things to do. Here are nine tips for getting your hiring right.
4 Best-in-Show Luxury Rides at the Detroit Auto Show
January 17th 2011The Detroit Auto Show kicked off with a lot of flash, pulsing club music, copious amount of machine-generated fog and some of the most-unusual cars automakers have rolled out in years. Here are four luxury vehicles that auto-industry journalists voted best-in-class.
The Lazy Way to Create a Budget That Works
January 14th 2011Budgeting is hard work, but there may be some unassayed ore in that slag heap. All of us would rather make smart financial decisions rather than the ones we too often make, and if we were given the data to know and better understand what it is that we are actually doing with our money we could be better off financially and emotionally more secure. Now that's an attractive combination.
U.S. to Offer 2010 Tax Refunds on Prepaid Debit Cards
January 13th 2011Don't be surprised if your patients make their co-pays in the months ahead using a prepaid debit card courtesy of Uncle Sam. This year, 600,000 taxpayers will have the option of receiving a paper check or prepaid debit card for their 2010 tax refund.
How to Take Professional-Looking Travel Pictures
January 13th 2011The best way to improve travel photography is no secret. Film legend Frank Capra once said, "If your pictures aren't good enough, you're not close enough." This week, we explain his advice and offer other tips to achieve professional-looking travel shots.
Why Quarterly Investment Statements Make No Sense
January 12th 2011Now that it's a new year, you'll soon receive your fourth-quarter investment reports from your investment company. You'll probably also get some sort of outlook statement for 2011 and a review of the significant events of the last three months. What exactly do you do with all that information? How about this: Ignore it -- it's a complete waste of your time. Here's why.
Why Men and Women Differ in Financial Decision-Making
January 11th 2011A soon-to-be-released study shows that women and men approach financial decision-making differently, in part because of their brain function. The data suggest that differences in financial choices between the genders may not be solely to do the disparate ways boys and girls are raised – a common explanation.
To Succeed in Business, Abandon Your Go-It-Alone Mindset
January 10th 2011To my chagrin, I realized I dropped the ball completing my article series based on Bill Murphy Jr.'s "The Intelligent Entrepreneur" (subtitled "How Three Harvard Business School Graduates Learned the 10 Rules of Successful Entrepreneurship"). Time to get back to business! Rule No. 4 reminds us that our success depends on other people -- you can't do it alone.
Health Apps Extend Care Beyond Practice Walls
January 10th 2011A new report predicts hundreds of millions of smartphone owners will be using mobile health applications by 2015. Health apps can not only help patients track their own behaviors in order to improve their health, they can give physicians information that can ultimately help them provide better healthcare.
Healthcare "Game Changers" at the 2011 Consumer Electronics Show
January 7th 2011Investor buzz at the Consumer Electronics Show has been focused on smartphones, 3-D TVs and slick new tablets designed to challenge the iPad, but some companies are also unveiling technologies, devices and services that some are calling "game changers" for the healthcare industry.