Medical Economics May 2021

A list of financial advisors who work with physician clients.

There is nothing more frustrating to physicians than knowing a patient needs a certain diagnostic test or medication and having them not be able to get it because their health insurance company won’t cover it.

Physicians continue to wonder how we can live in a world where so many transactions are handled quickly with technology, yet decisions that affect patient health are slowed by faxes and bureaucracy, even when there is only one clear treatment option.

Physicians can benefit from working with a financial advisor to help with everything from getting out of debt to retirement planning and more. It’s important to know where to start and how to find a qualified advisor.

The COVID-19 pandemic should have us reflecting on the state of our health care system and beginning a national dialogue on what type of system we want for this country and what investments we need to attain it.

As the threat of being hacked increases, more health care providers are purchasing cyber liability insurance to protect against data breaches or online attacks. However, many still are unfamiliar with what cyber insurance policies cover, how they work, and how much they cost.

Make a plan to help keep your practice, patients and staff safe

The rapid uptake of telemedicine and remote monitoring has begun to upend the traditional fee-for-service (FFS) business models.

Physicians often have to deal with medical school debt decades into their careers, and even those fortunate enough to be clear of school loans may find themselves with debts arising from lifestyle choices. If the number of loans or amount of debt has become unwieldy, debt consolidation may be an option.

In retirement, tax-free income is the ideal way to take distributions, and a Roth IRA remains one of the best ways to get that benefit.

Give your audience something to remember

This scenario involves a patient presenting with symptoms of chronic obstructive pulmonary disease (COPD). See if you can choose the correct codes.

A look at how physicians can help patients manage their respiratory health

The ongoing COVID-19 global health emergency has pushed physicians to a breaking point. But physician burnout has more to it than just the huge workload that COVID-19 has brought with it and the difficult decisions that need to be made.

You can revolutionize your practice and save money by using technology.

There are many symptoms that can be associated with so-called long-haulers.