In this article/podcast from KevinMD.com, the author encourages readers to make some adjustments in their life to reduce the professional and personal risks associated with the stakeholders who target physicians, including corporate America, the government, patients, and the financial industry. The commentary is a response to President Biden’s multi-trillion spending plan, which targets rich corporations […]
This podcast/article on KevinMD.com by Syad Nishat, a partner at the Wall Street Alliance Group, offers tips and advice for the physician on estate planning, which is one of the most neglected aspects of financial planning. However, its complexity and unpredictability shouldn’t stop you from talking to a financial advisor to best prepare yourself and […]
Based on the Medicus Firm’s hundreds of job searches and placements across the US, the results are a case of good news and bad news. The bad? Elective procedures canceled, hiring slowed, and signing bonuses stalled. However, the good news is that those people canceling the elective procedures still need them, bringing about a necessary […]
The IRS was kind enough to move the traditional tax deadline from April 15 to Monday, May 17, granting a bit of a reprieve for getting your financial affairs in order. Many physicians choose to handle their taxes themselves despite a good CPA paying for him/herself in the deductions and tax-savings strategies that they find […]
Are you “Team Stocks” when considering investing? Or are you “Team Real Estate”? A little bit of both? Despite stocks and real estate being the two pillars for investing, the nuances of each can be daunting. When considering what makes the most sense for your financial goals, here are some factors that could have implications […]
Saving for retirement can be overwhelming with so many individual factors at play. You’ve worked hard your whole life, so why can’t you enjoy the fruits of your labor when you’re finished practicing? This article presents many things to consider when planning your financial future and details some benchmarks and metrics that will help you […]
Investing earlier during your financial trajectory is a good idea: The earlier investments are made, the greater the time value of money. If you are interested in accumulating wealth, it is best to start early and pick some winning strategies. From our friends at MDLinx, here are 10 money moves to consider earlier rather than […]
Although the 2020 numbers will look much different, the 2019 Merritt Hawkins survey – representing 93 hospitals — shows significant increases over prior years in revenue driven for hospitals by a range of specialties, including internal medicine, cardiology, neurosurgery, and gastroenterology. How will the pandemic affect the financial outlook in 2020 and beyond, and where […]
The report is based on data collected from Medscape’s Physician Compensation Report 2020 in February 2020, representing responses from more than 17,000 physicians in more than 30 specialties. The slideshow paints an interesting picture considering the financial landscape for many physicians has changed due to COVID-19’s impact on medical practices.
JAMA Internal Medicine sought to explore the high and the lows in debt-burdened medical specialties in a letter published in 2017. The authors emphasize that debt is only one factor when considering which specialty to pursue, and the causal relationship between debt burden and specialty is complicated. Where does your specialty rank?