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Increasing the Value of Your Medical Group When Looking to Buy or SellIn today’s volatile healthcare market, smaller physician groups are looking to be acquired, while larger ones may want to expand their reach by making an acquisition. Best practices for both include increasing risk management practices and enlisting a competent insurance broker to help maximize the medical practice’s valuation.
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Rural Doctor Launches Startup to Ease Pain of Dying PatientsA palliative care doctor in rural California launched a startup firm to help him care for patients in remote locations. The key challenge is financing his big idea.
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Your Financial Health May Need a Second OpinionThe necessity of knowing what financial products to purchase and when to sell is usually an enigma, and most individuals have no rhyme or reason for what they choose to do with their investments.
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No LLC Operating Agreement - No Asset ProtectionYour LLC operating agreement is the rule book that you have to comply with as your LLC wanders down the business road ahead. You'll want to make sure the agreement is written properly to protect you.
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AMA Wins Pain-Management Rule ChangeAt the urging of the American Medical Association, the Centers for Medicare and Medicaid Services announced it is eliminating a rule that some physicians feel has contributed to the US opioid addiction epidemic. Starting in 2017, patients at outpatient facilities will no longer be asked whether they got sufficient pain management. CMS announced other changes as well.
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Recession-Proof Investment AlternativesIn 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.
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7 Must-See Sights in Hong KongWhen foreigners picture Hong Kong, it's often the neon lights, staggering skyscrapers, and hoards of people. This all may be true, but this city is home to just as much old as new.
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Convert to a Roth IRA Before 2013 Tax Changes?If you have considered converting a traditional IRA to Roth IRA, now may be the perfect time considering the tax increases you're likely to face in 2013.
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Picturing Yourself in RetirementVisualizing retirement can help physicians plan effectively now.
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Distressed InvestingThere is an old saying that "when there is blood in the streets, buy." For the investors who do this on a regular basis, it can be a profitable trade.
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A Psychiatrist in Your Pocket: Could Mental Health Apps Be the Next Big Thing?Much of mobile health technology's big splashes have involved creating gadgets that track fitness more effectively or make miniaturized versions of heavy hospital and ICU equipment: electrocardiograms, telemedicine video cameras, thermometers, and pulse oximeters.
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Study Finds Healthcare Organizations Not Utilizing Social MediaA study in JAMA Otolaryngology-Head & Neck Surgery evaluating the use of social media among residency programs shows lack of adoption.
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Invested in the Presidential ElectionDespite the fact that the market has bounced back from lows, people don't feel like the market is any better off. So what, if any, effect will this have on how people vote in this year's presidential election?
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Most Critical Financial Step in Physician Divorce: Evaluating the PracticeIt's essential that he/she choose an attorney with substantial experience in the process who knows how to challenge the other party’s financial expert.
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Empathy for the Conservative InvestorIn the past, the conservative investor’s needs were met with a portfolio of bonds. These investors did not have to worry about the volatility of stocks because their portfolios were immune to the inherent, and sometimes severe, gyrations of the stock market. In today's economic environment, things are quite different.
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Improving Medication Adherence with Care4Today Mobile PlatformPatients neglecting to take medications as prescribed costs an estimated $290 billion in avoidable medical spending every year. But messages through cell phones are an effective way to change that.
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Recession-Proof Investment AlternativesIn 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.
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Insurance FreedomCaptive insurance companies can reduce insurance costs, save taxes, protect assets, and transfer business value and family wealth to future generations. Legal changes in the last five years may make this one of the most advantageous times to form one.
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Thinking Outside the Box to Improve Practice ManagementYounger physicians are driving the search for innovative practice management tools that provide greater flexibility and support for new business models.
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UnitedHealth Group Bridges the Gap between Insurance Companies and PhysiciansUnitedHealth Group will acquire the operations of a major California physician group to bridge the gap between insurance companies and health care providers.
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10 Simple Keys to Unlock Financial SecuritySmart financial moves are actually much more basic than most people think. Here's a list of financial keys to live and thrive by.
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The Rise of Interest Rates and Fall of Bond PricesConservative investors may feel safer leaning more toward fixed income investments as opposed to stocks, but there's risk there too should interest rates start to creep up.
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You're Probably Overlooking Some 2016 DeductionsDeduct every charitable contribution, donate stocks, harvest tax losses, boost retirement plan contributions, and more.
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Happy Last Day of 2012 Trading!Say goodbye to 2012 - an occasionally volatile but modestly successful 12 months overall, even if Congress' apparent impotence in the face of the coming fiscal cliff has hacked away at that perception over the past couple weeks.
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You Have Retirement Products. Do You Have A Retirement Plan?Medical professionals are among the millions of Americans who confuse the financial products they own with having a retirement plan. Unfortunately, most individuals don’t have a plan. Instead, they own a variety of products they’ve been sold by a commission-based financial advisor, broker or insurance representative â€â€
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4 High-Quality Stocks and ETFs to Beat the MarketWith a rate hike in the cards and a slew of mixed economic reports, the US stock market might see a tough ride in the months ahead. The Fed is on track to raise the interest rates for the first time since 2006, provided the world's largest economy continues to improve. Given this, quality investing seems prudent.
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How Health Care Professionals Can Design an AppHave an idea for an app, but don't know where to get started? Turns out creating apps - or any user interface for that matter - starts with nothing but pencil and paper.
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The Length of Time to File Back TaxesFiling your taxes late is much better than not filing at all. Although there are legal time limits on things like refunds that kick in if you postpone filing long enough, the obligation to pay never expires.
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Electronic Medical Records - RemotelyThere is no escaping EMR in healthcare news these days, and in a few years no one will remember how life was without it.
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Residents More Efficient with Smartphones than PagersAlthough hospitals continue to use pagers, new research shows how new technology can enhance the system, making the hospital more efficient.
