Physician's Money Digest

Empowering your medical practice for success

As a physician, you’ve worked hard to earn your credentials, which is why it’s important to protect your credit score and maximize your ability to thrive as a professional.

Preferred stocks are something of a bond-stock hybrid. They don’t rise as much as common stocks, but they also don’t fall as much.

The revenue cycle management (RCM) process is critical for the financial performance of a medical practice. But what is the best way for a practice to handle the RCM process?

Physicians often feel undervalued and request salary raises. This is something that needs to be handled carefully if they want the answer to be “yes.”

Here are more facts about how much medical school costs, and how much students owe when the graduate.

Different types of annuities reduce risk by building tax-advantaged savings or guaranteeing retirement income.

Your practice may be missing out on significant opportunities to improve net income by underperforming in tobacco cessation.

Take control of your payer contracts and get the money you deserve.

These simple products don’t need costly “management,” but some advisors are pushing the idea.

Physician-owned real estate can be a major factor in the overall value of a private equity deal.

There are many strategies doctors can use to put kids through school without racking up more debt or sacrificing their own financial goals.

Financial tech adviser InstaMed compiles data about health care payment trends.

Be smart about your money to ensure a happy career and retirement.

There’s a financial incentive for keeping patients healthy.

Many physicians are concerned and seeking advice if they should move their money from local banks to larger banks.

It’s important to note that planning for long-term care is not a one-time event.

Which is the better option for physician investors?

How to take advantage of new rules on required minimum distributions and qualified longevity annuities.

What physicians with student loans need to know.

It lets you insure for long-term care while still protecting and growing your assets Insurers continue to innovate.

When can you waive copays or deductibles? Can you provide free care for physician colleagues and their families?

If a recession does begin this year, it will likely be far too mild to justify the longstanding “recessionoia” in the financial community and media.

Don’t overlook this financial vehicle

I asked other women physicians to share their financial mistakes and advice they would give their younger selves.

Look to build savings, reduce risk, minimize taxes and ensure a successful retirement by reviewing your budget, contributions, allocations and beneficiaries.

Recent events have made it even more challenging for physicians to forecast and plan for their retirements.

Resources can help Black doctors negotiate contracts to close the salary gap.

Navigating Medicare’s pay cut and other changes that will affect your reimbursement