This post is inspired by a story shared with me by a friend on 10 Financial Milestones Successful People Hit Before They Turn 30. While many of the milestones mentioned also apply to healthcare trainees, our unique career choice and the sacrifices we make demand a different set of priorities. Here are what I consider the 5 most important financial milestones for healthcare trainees to hit before they turn 30.
Reverend Al Shands, 88 years old, knows exactly what he is going to do with his extensive contemporary art collection when he passes. He is giving it to the Speed Museum in Louisville, Kentucky, his hometown.
Here are a few fascinating health-related facts and figures that stuck out his week.
Here are some deductions you may not know about - along with tips for determining whether you can or can't deduct your expenses
With an aging client population comes certain changes in health that could affect a firm’s ability to provide wealth management services to their clients.
Jonathan Fialkow, MD, FACC, is one of the founders of Heartwell, LLP, a cardiologist physician group. And his attraction to medicine in general, and cardiology in particular, was formed early on.
When people hear the word ‘doctor’ or ‘physician’ they often times automatically assume they are flush with cash. But what many outsiders don’t realize is how strained a physician’s finances can be, and the unique struggles that they face when it comes to finances and financial planning.
In the 8th part of Eric Anderson's trip across Europe, he braves Scandinavia.
Since its inception in 2013, Physician Retraining & Reentry (PRR), an online educational program empowering physicians of all backgrounds with the tools to practice primary care, has enrolled nearly 200 physicians and graduated 50 to date.
Most people think that multitasking means that they’ll save time and get all the tasks that they need completed done in a quick and efficient manner. But researchers are finding that that's not true.
I recently had to see a dear mentor off, as she leaves UA medical imaging to join her family on the East Coast. She was a gem in our program. Many people were really sad to see her leave, but we are happy for her choice to be closer to family.
By 2025, the US will be short 90,000 physicians and 500,000 nurses. The Bureau of Labor Statistics projects that between 2014 and 2022 there will be over one million job openings for nurses because of growth and the need for replacements.
Taking control of your investments can be a daunting task. I've done my best to give you a step by step guide to help you become a do it yourself investor.
Drones could play a multi-faceted role in the provision of healthcare in the near future, a pill could play a role in halting alcoholism, and doctors report wishing to play a greater role in the health of some of their male patients. These stories and more comprise this week's PMD Critical List.
Life science entrepreneurship is the pursuit of opportunity with scarce, uncontrolled resources with the goal of creating customer/user-defined value through the deployment of biomedical and clinical innovation. Innovation can come in many forms, not just products and services.
Why this might impact your practice and what steps to take to make this happen.
Why you should be a "doctor" to your patients and improve their health literacy instead of just a jargoning physician complaining of non-compliance.
There’s a wonderful symmetry to the fact that Barack Obama, the nation’s first African American president, will attend the opening ceremony for the new Smithsonian Museum of African American History & Culture. The $540 million facility, which opens to the public Saturday September 24, explores the history, sense of community, and the culture of African Americans.
Financial independence gives you the option of an early retirement. However, if you continue to work, you can afford to do amazing things with the bonus income from as little as one more year.
I recently had the privilege to participate in the First Medical Entrepreneurship conference in Sao Paulo, Brazil. Here are some impressions.
A few years ago I gave a lecture in Paris entitled, “Art: For Love or Money.†The thrust was that some people collect because they love art and others are interested in it primarily (or only) as a component of their investment portfolio. Now, these concepts have been taken further.
The highest interest rate I have ever paid to a credit card company is 1.7%. In fact I have not paid a penny of interest other than that of my student loans (paying interest to the Department of Education) since January 2014.
Birth Tourism is big business in China and southern California. While not necessarily illegal, it is definitely controversial. Should physicians play a facilitating role in this process?
Castles have always fascinated travelers, and Europe claims some of the world's most intriguing. In these centuries-old palaces, see where battles, banquets, and even a few beheadings have taken place, as well as admire priceless jewels and pristine gardens. In fall, spring and summer, the grounds are especially beautiful. Some of the castles may close or offer limited hours in winter. Always check ahead.
If you have a business AND children, you can accomplish multiple goals as a parent by following my advice.
Because so many physicians pursue part time non clinical gigs, some of these projects can be very hard to attain, while others are practically wide open with opportunities.
Take your pick: more time or money? An elusive question for physicians: many are having difficulty managing either.
The cost in dollars of replacing healthcare employees is absolutely staggering. When you consider all of the factors, the cost of replacing a physician is over $1 million.
We live in a predominantly service economy, yet one of the drivers of our daily unease is the too-frequent breakdown of what should be routinely good service. So how can we best handle these small kerfuffles that bedevil us?
Poland and Austria are the next stops as Eric Anderson zooms us across the world's most densely populated continent.
