How to Negotiate Lower Advisory Fees
October 1st 2015In personal finance, it is well-known that success comes from winning the big battles, rather than amassing thousands of minor triumphs. Psychologically, it is hard to deny yourself over and over and over again. So use your limited willpower where it will make the biggest difference – on the big expenses of your life.
Your Advisory Firm: Fee Only or Not?
October 1st 2015Now, here's something to chew on. The promotion of a financial Advisory Firm advertises, "Fee Only." "This is good," you think to yourself. "The company doesn't accept commissions or compensation based on product sales." In other words, they adhere to the "Fee Only" definition below from Investment News.
Staving Off Threats to Practice Independence
September 28th 2015Everywhere you look consolidations, mergers, and acquisitions dot the healthcare landscape. So it's not surprising that the results of a recent survey found that 44% of independent specialists anticipate selling their practices within the next 10 years.
The PMD Critical List: Doctors Wary of Prescribing Medical Marijuana
September 28th 2015Though medical marijuana clinics are becoming commonplace in many states, physicians remain skeptical, in part due to the apparent ease of getting certified to take the drug. That story tops this week's PMD Critical List. Also on the list, a look at the emotional interactions of patients and physicians, and how the National Football League is using aerial views to diagnose concussions.
For Patient Satisfaction, Communication is Critical
September 25th 2015When it comes to providing care and increasing patient satisfaction, time is not on anyone's side. As appointment times shrink, quality communication falls by the wayside, leading to loss of information and a fraying of the doctor-patient relationship.