Practice Finance

Know how to protect your financials from a malpractice lawsuit.

Have you considered using scientific principles to improve the financial position of your practice?

Median compensation for primary care physician faculty at academic practices in 2010 increased 3.47% since 2009, according to results of an MGMA survey.

Know whether your disability insurance policy will cover you while working abroad.

Q: What are some of the pros and cons of establishing custodial accounts for children?

Many doctors would like to manage their own investments but lack the time, energy or expertise to do so. Instead, often they seek out an investment adviser they think they can trust to handle their money.

As a primary care physician, you're also a business person, with at least some responsibility for managing the practice's finances, and all the responsibility for managing your own.

Learn whether you can avoid penalties if you withdraw early from your IRA.

Understand service corps work's impact on tax relief.

Understand whether your retirement assets are at risk if you're sued for malpractice.

Learn whether it's worthwhile to obtain a second-to-die insurance policy for estate tax purposes.

In today's world, we are all pension plan managers in some way.

Discover the various types of bankruptcy.

Newly trained primary care physicians who are women are being paid significantly lower salaries than their male counterparts, according to a study.

Find out ways to determine which charities are legitimate.

Variable annuities have been sold by insurance companies to physicians and others for many years.

Obtain some steps for improving your credit score.

Understand the importance of setting up an estate plan.

Understand whether you can protect investments against future inflation.

Consider gifting tax and income tax when mulling whether to gift savings bonds.

Know how to fight the potential for foreclosure.

Despite the predictions of many pundits, Congress' "lame duck" session was productive after all: Among other accomplishments, the long-awaited tax cuts are now law, at least through 2012.

In this second of two articles, the authors look at the methods used to value medical practices, the impact of antitrust laws on the pricing of doctors' services, how a hospital or managed care company exerts influence over practices in which they invest, and how doctors in independent practices can best evaluate a purchase offer.

While there are never any guarantees of success when it comes to the stock market, even nonexperts can improve their odds of coming out ahead by adopting and sticking with some time-tested strategies.

Refinance and take advantage of current low interest rates, if the decision is right for you.