Tax Cut Countdown: Which Breaks Will Survive?
July 13th 2010A slew of tax cuts are set expire in less than six months, unless Congress acts to extend them. With the government starved for revenue and the national debt topping $13 trillion, Washington watchers are speculating over which tax breaks lawmakers will choose to extend.
"Ask the Expert": Should I Opt In to Overdraft Protection?
July 13th 2010Starting this month, consumers have to opt-in to allow banks to charge overdraft fees on certain financial accounts. Unfortunately, whether you choose to consent to overdraft protection or not, you may soon be facing higher account fees.
Earnings Season Kick-Off: Here's What to Look For
July 12th 2010Second-quarter earnings reports are starting to arrive and analysts are expecting solid results. But market watchers say it's more important than ever to focus on what companies see coming down the road, rather than what's in the rear-view mirror.
Keeping Patient Privacy Issues Private
July 12th 2010Medical identity theft is a disturbing and growing trend, and the onus is on physician practices to guard patient records. The cost of not doing so can be considerable: A new survey shows it takes twice as much time to detect medical fraud and more than twice as money on average to remedy each case.
The Benefits of Getting on Board a Non-Profit
July 9th 2010Non-profit organizations often need money, marketing advice and managerial shoring up, but what they really require is more advice and training at the board level. Being a non-profit board member is a unique position -- and one many physicians should consider.
Investor Edge: Rumors of a Big Buyout Boost Biotech Stocks
July 9th 2010Large biotech stocks surged on rumors of a major acquisition by French drug giant Sanofi. Tiny Dynavax rose on news of its first clinical trial of a universal flu vaccine, and Vivus soared after being called "one of the most attractive product-driven stories in the mid-cap biotech space."
Market Firms Ahead of Next Week's Early Earnings
July 8th 2010Next week begins some early earnings announcements, when a clearer picture will emerge for making decisions on increasing short exposure or long exposure in the market. We believe the technical damage done in recent weeks may require some more time to mend, and that would be normal and expected during this phase of a market cycle.
Mortgage Rates Hit Record Low -- Time to Refinance?
July 8th 2010The recent carnage in the stock market has led to lower interest rates on Treasury securities, with the yield on the 10-year note falling as low as 2.938% before ending last week at 2.98%. The lower rates have spilled over into the mortgage market, where interest rates hit a record low. Is now the time to refinance?
Recession-Proof Investment Alternatives
July 8th 2010In this uncertain market, a balance of equities, bonds, real estate, commodities, and other alternative investments would prove much less risky than holding the majority of your investments in stocks and real estate -- which is what most physicians do.
A S.M.A.R.T. System for Boosting Practice Revenue
July 7th 2010Factors affecting your practice revenue -- payor policies, new legislation and patient-care codes -- are changing dramatically. By using this S.M.A.R.T. revenue-management system, you can set internal benchmarks and target areas that need to be improved.
"Ask the Expert": Does Having High Student-Loan Debt Hurt My Credit Score?
July 6th 2010A reader with more than $175,000 in student loans wonders whether having so much debt will hurt his credit score. The good news is the total amount of your loans isn't as much a factor in calculating your credit score as is your ability to repay them.
With Patient Add-On Fees, Make Sure There Are No Surprises
July 6th 2010More physicians are attempting to boost revenue by charging patients new "add-on" fees for such things as missed appointments, filling out medical school or work forms, providing copies of records, or general administrative work. But doing so effectively without incurring the wrath of your patients is key.
For Stocks, Line of Least Resistance Is Down
July 3rd 2010There's no way to accurately predict the direction of the stock market -- it's best to let the actual price and volume provide the clues. For now, it appears the line of least resistance is down from here, though we are expecting a brief attempt to stabilize and rally in the near-term.
Post-Op YouTube Video Leads to a Windfall for 7-Year-Old
July 2nd 2010David DeVore became a YouTube sensation after his parents uploaded a video of the boy on his way home from dental surgery. But what was originally meant to be a memory to share among family and friends has earned the DeVores close to $150,000.
Investor Edge: A Biotech Billionaire Does It Again, and a Management Shakeup Shakes Up Investors
July 2nd 2010A repeat entrepreneur walks away with billions this week after selling his second successful start-up. Obesity-drug makers had a busy week, and a management shakeup shook up investors in an already struggling cancer-drug developer.
2000-2009: The Lost Decade … Or Was It?
July 2nd 2010The S&P 500 posted its first negative "named" decade ever from 2000 to 2009. That means, if you invested $1 in the S&P 500 at the beginning of '00, you would have had 91 cents at the end of '09. So, were the 2000s the "lost decade" for investors? Not for all -- investors who maintained diversified portfolios actually fared much better.
Private Student Loan Borrowers Get New Protections Under Reform Bill
July 1st 2010Under the pending financial reform bill, a newly created consumer protection agency would oversee private student loans, including those that for-profit colleges make to students. The bill would also create an ombudsman position, to give borrowers a place to turn for help with loan problems.