The End of Medical Practice As We Know It?
December 9th 2010Physicians in solo or small practices face a major fork in the road: Either you will seek a "Sugar Daddy" to buy or take over your practice, or you will go it alone and eschew any payment other than cash or plastic. This has the makings of a Morton's fork dilemma for those who just want to be left alone to practice medicine.
The 10 Worst States for Retirement
December 9th 2010If you're nearing retirement, or simply dreaming about it, you may be considering a move to another state -- one that has a lower cost of living, or perhaps a nicer climate. If so, you might want to cross these 10 states off your list of potential retirement havens.
What the Tax Cut Proposals Mean to You
December 8th 2010President Obama and congressional leaders reached a tentative agreement this week to extend the Bush tax cuts for another two years and slash the employee payroll tax, along with a slew of temporary tax incentives. Here's what they could mean for you.
Drilling Your Financial Advisor
December 8th 2010One of the things that irks me about most financial advisors is that they dump their clients' into a mishmash of investments without a sense of purpose. And some look at investments in isolation, without considering their clients' overall financial picture. Here are some questions to ask to make sure yours isn't one of them.
How to Choose the Right Cruise
December 8th 2010A cruise can open a traveler's eyes to previously unknown wonders. In this economy, it can also represent the bargain vacation, but you have to do your homework. Part of the fun of choosing the right cruise is discovering your options -- and there are plenty.
With Automatic Bill Pay, Don't "Set It and Forget It"
December 6th 2010With automatic bill payments, you can save time, postage, and hassle. And if your payments are charged to your credit card, you can build up rewards. But there are some downsides that come with putting your bill payments on autopilot.
The Flexibility, Financial Challenges of Videoconferencing
December 6th 2010Some are predicting the use of videoconferencing by physicians is about to boom, and experts say acceptance of the technology by physicians and their patients is growing. While physicians who use videoconferencing tools are able to realize significant efficiency and productivity gains, finding a reimbursement model that works can be a challenge.
A Surgeon's Secret to Happiness? Don't Marry a Physician
December 1st 2010Surgeons who marry physicians suffer greater career conflicts and work-home strife than surgeons who partner with non-physicians, or those who stay at home, according to a new study. Surgeons married to fellow surgeons face even greater challenges.
With Financial Planning, First Do No Harm
December 1st 2010While most physicians think of financial planning strictly in terms of investing, the reality is that investing is only one component of a comprehensive financial plan. In fact, capital appreciation is low on the list of priorities and should not be addressed at all until you've protected what you already have.
Medical-Device Giants Snap Up Start-Ups as Biotech IPOs Fizzle
November 30th 2010Two leading medical-device makers announced separate deals to acquire start-ups to bolster their cardiovascular units, while biotech IPOs struggled in a sign that investor enthusiasm for high-risk companies remains anemic.
A Tax Plan for Uncertain Times
November 30th 2010As the New Year approaches, it's more important than ever to monitor the debate over federal tax policy, be proactive in developing tax and investment strategies that are suited for today's changing tax environment, and work with professional advisors to ensure you don't pay more taxes than you should.
With Cloud Computing, Keep Your Feet on the Ground
November 30th 2010Migrating to a cloud-computing service can give smaller and mid-sized medical practices access to IT management expertise and advances in technology typically available to much larger organizations. But practice managers need to consider security and regulatory issues before they take to the clouds.