Physician’s Money Digest is the best source for practical, forward-looking and insightful content to help physicians meet their financial goals.
How physicians can protect their income with insurance
What would happen if you couldn’t practice medicine any longer?
Don’t make your loan situation worse
Physicians who enter practice for the first time often rapidly increase their lifestyle, which can have dramatic consequences for them in the long-term.
ICD-10 coding changes and updates effective October 1
The official guidelines were updates. Here’s the changes you need to know.
Is there a point in time when physicians should just pay off their remaining loans if they have the means to do so?
Being rid of student loans once and for all can be a gratifying feeling, but will it jeopardize your retirement?
What investments should physicians focus on when they start to invest?
There are many financial vehicles that can work with doctors, as long as they have a solid strategy.
Inflation explained: 5 ways it impacts your wallet and the economy
What impact does inflation have on consumers and the economy?
Will rising interest rates affect how physicians should approach debt repayment?
If rates rise, doctors should take a fresh look at their financial strategy.
The right way to handle patient collections
Collecting from non-paying patients is vital to keeping a practice open
Medical practice costs: Are you spending too much?
Understanding where a business is spending money is crucial to efficiency and growth.
How Lifetime Income Annuities Can Secure Your Retirement
To determine your needs for cash now and in the future, here are some questions to ask yourself.
Life insurance for physicians: The Swiss Army Knife of financial planning
The decision to purchase life insurance is an important one for all of us, and when you’re a physician there a lot of things to consider.
Healthcare accounts not utilized by older adults
The lack of use is correlated with a lack of confidence in the ability to pay for medical care.
Stop lifestyle creep before you’re in too deep
Are you earning a significant income but still living paycheck to paycheck? This is a common experience for many younger physicians.
Are tax hikes coming?
How physicians can prepare themselves
Physician salaries: Which specialties have the highest growth?
How 21 specialties compare, ranked by level of growth.
Medicare insurance trust expected to run out of funds by 2026
Tax revenue from 2020, which would have replenished the funds, were negatively impacted by the COVID-19 pandemic.
Improving doctors bargaining position in salary and contract negotiations
How doctors can level the playing field for salary and contract negotiations.
Delta hindering hospital, physician group recovery
A jump in new COVID-19 cases dropped margins and volumes.
How fixed deferred annuities can complete your retirement savings strategy
How can you decide if an annuity is right for you?
The time for medical professionals to protect their income is now
What medical professionals early in their career should know when it comes to individual disability insurance policies.
The private practice revival
Despite challenges, today’s climate is an opportunity for savvy physicians.
The Infinite flame: Financial planning and positive psychology team up to treat burnout
Amassing wealth is an important factor to a successful financial plan, but should that really be the goal and the definition of a winning plan?
Survey: Patient volumes returning to pre-pandemic levels
June and July saw hospitals getting back to 2019 levels of patient volume.
Expect the unexpected: Why young physicians need a financial plan
If you build your five-year plan, the answers to all your questions will fall into place.
Is there a good ratio for physicians to use between debt repayment and retirement investing?
Your overall debt load and interest rate level will help determine the right strategy.
Cash balance pension plans can grow retirement savings
Cash balance pension plans are particularly well-suited to medical practices.
Top 16 physician base salaries in 2021, ranked by specialty
The rankings are based on base salary or guaranteed income offered by recruiters, and does not include production bonuses or benefits.
5 questions physicians should ask about cryptocurrency
As an educated investor, it’s good to have a basic understanding of what exactly cryptocurrency is and how it can impact your financial future.
Six biggest mistakes physicians make when planning for retirement
Even physicians aren’t immune to making financial missteps
Improving days in Accounts Receivable
3 timely tips for physician practices
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