The decision to buy or rent is very personal and market dependent. For most residents it makes financial sense to rent instead of buying while in residency. There are numerous costs and disadvantages to owning, especially for a short period of time that may make a house or condo a poor investment. Here are 10 reasons why I think buying a house can be a bad decision for most residents.
Physicians themselves are the biggest obstacles to physician entrepreneurship i.e. creating user-defined value through the deployment of innovation.
When it comes to investing, you’re going to want the option that’s going to minimize risk (to a degree), require minimal effort, and provide maximum reward. And who could blame you? For investing, there are several choices out there, but hands down one of the best ways to invest is through low cost index funds.
Market timing doesn’t work, but actively managed funds in “inefficient†markets can outperform.
Many of you are probably confused by terms used by people talking and writing about sick care innovation. Since the terms are confusing and the field is growing so rapidly, here is a glossary that might help you.
By now you have probably been the victim of bad medical billing. It could be relatively harmless, damage your credit rating, or, in some instances, send you to bankruptcy court.
Knowing how to separate work and play is the key to personal and professional harmony. Sadly, it seems today’s doctors are sorely lacking in this vital quality.
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.
Many universities are calling themselves
As physicians, wouldn't it be nice if we had additional sources of income?
With the ability to retire by 2023, I started talking with Mini's dad about family longer term vacation/exploration around the world after 2023. We both agreed that traveling around the world and learning from various cultures will enrich Mini's life beyond conventional schooling.
How much is Enough for you? The answer can be life changing.
Have you been wondering how to maximize your social security? Are you struggling with the question of when, where, and how much you should take? If you are at full retirement age, act quickly! There’s a couple of strategies that you’re going to want to check out- file & suspend and claiming a spouse’s social security. But if you’re reading this now and it’s July 2016 or beyond… these strategies have gone away and those who are in it are grandfathered in.
With long and demanding hours, many doctors have pondered the possibility of leaving medicine altogether. That story tops this week’s PMD Critical List. This week's list of must-read news stories for physicians include: a Q&A with US Health and Human Services Secretary Sylvia Burwell, the diagnostic capabilities of IBM’s Watson, and the difficulty of measuring such a subjective, personal concept as “pain.â€
What drives insurance companies or pharmaceutical companies is different than what drives community doctors and their patients, and doctors need to be aware of how to treat with cost and collaboration in mind.
Residents must be able to demonstrate they can deliver state of the art care using a valid business model.
What happens when a physician obtains financial independence, and chooses to continue working another 5, 10 or 20 years? Incredible wealth is attainable.
Unfortunately, few doctors have the package. But, those that do are creating great things for patients.
We all know by now that Americans pay the most overall for healthcare, and the most per capita, by large margins, than any other people in the world. And we do not have the best results by many measures for all of that massive expense.
“Zika is avoidable. Especially for a vacation, why put yourself and your family at risk?â€
Marketing represents an incredibly important aspect of the business of medicine that doctors often overlook. But implementing social media marketing can be beneficial to your medical practice.
There are so many things to do in New York City, some of them unexpected and others less so.
We've all heard the idiom "pennies on the dollar" - getting something for much cheaper than it costs originally. But what about horrible deals? Let's talk about 5 ways to get "dollars on the penny."
It helps if your passion is driven by powerful emotions, as long as you don't shoot yourself in the foot letting everyone know it.
Gold-digger. Did I hear you wrong? Did you mean goal-digger? Remember medicine as the ultimate career of delayed gratification, remember that doctor who has ½ million in student loan debt snowballing at 7% before he got his first attending paycheck?
Ed Rabinowitz profiles Henry Anhalt, chief medical officer of T1D Exchange, a nonprofit organization dedicated to researching cures for type 1 diabetes.
A member of my family had a potentially serious health issue recently. I was asked to attend the necessary doctor’s appointment and was in the room to see the healthcare in action.
Eric Anderson ruminates on European travel in 2016, and offers suggestions off the beaten path.
Crystal Cruises is not just a sea-going luxury line anymore. The award-winning cruise line extends its brand of service to river voyages and to air travel.
Dr. Arlen Meyers details the risks of employee theft and lists precautionary steps to take in order to prevent it.
