I recently saw an ophthalmologist for my worsening eyesight. The doctor came highly recommended and was credentialed as an MD and MBA. He founded his practice, which has grown to over a dozen practitioners. His website boasts how he works with the pharmaceutical industry to help develop and market new medications “that improve the standard of care.”
According to Open Payments data, the doctor has relationships with ten …
Is your facility struggling to recruit and staff full-time physicians? Are you spending excessive amounts on staffing agencies and private management companies to make up for your shortage of physicians?
Physicians are leaving traditional clinical medicine because you, the C-suite, are not adapting to the changing times.
Do you care, or are you more focused on replacing physicians with cheaper labor?
Unlike the older generation of retiring physicians, the younger generation is not …
As physicians, we have been taught to value education. And many of us have pursued academic excellence starting from a young age. However, one aspect of education we are not taught traditionally in school: financial education. Personally, it was not until I was in my mid to late 30s that I began my journey of understanding money management and the concept of making investments.
Financial literacy is essential, and while it’s …
As anyone in health care knows, a strong nurse-physician dynamic is critical to achieving successful patient outcomes. To provide a quality care experience, it is essential to have a clinical team that knows how to collaborate to achieve that goal. If we don’t know how to work together, or how to coordinate our care, it’s going to be very difficult to maintain a safe environment for the patient.
Nurses are at …
For physicians, the process of career transition can be overwhelming. With the potential to take you out of your comfort zone and into uncharted waters, it’s understandable why Physicians feel apprehensive when it comes to transitioning into a new role or environment.
Understanding what steps would best fit one’s situation as they progress through their career is essential for creating a successful outcome. As a coach that specializes in guiding medical …
Imagine you found your dream home and hired an inspector to check it out. They walked around for an hour, kicking the tires on the furnace, taking pictures of the roof, peering up the chimney. In the end, they informed you they were done. You ask, “When will I get the report?” They reply, “What report? You hired me to inspect it. A report would be an undue burden.” Wouldn’t …
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In this episode, I’m on the other side of the microphone. I’m interviewed by Daniel Wrenne on the Finance for Physicians podcast. With reports of 50 to 60 percent of physicians experiencing symptoms of burnout, even …
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In this episode, hospitalist Miguel Villagra explores the key components of success, happiness, and wealth and how they are interconnected. He sheds light on the art of reacting to life’s offerings, the relationship between happiness and money, …
We’ve all been there, sitting in a virtual meeting, our eyes glaze over, and our minds wander as yet another PowerPoint slide drones on. The experience can make even the most dedicated health care professional question the value of meetings altogether.
But in health care settings, meetings can be a matter of life and death. Physicians and health care administrators are tasked with managing complex care teams, staying up-to-date on …
What’s one of the biggest complaints we physicians have about the current state of our jobs? It’s that we’ve lost our autonomy, that it has been taken from us by a health care system more focused on profits than on the well-being of patients and ourselves.
As a physician, you know firsthand how dysfunctional health care has become. There is abundant evidence that the modern health care system is more than …
There’s a blog for everyone! Whether you cannot get enough awkward family pictures, epidemiologist input, cat humor, vegetarian cooking recipes, menopause tips, or love to geek out on pie charts – there’s a blogger out there creating content for you.
What this means – aside from endless entertainment possibilities – is that no matter how obscure your niche may be, opportunity abounds for you to start blogging, too.
Why blog?
Blogging allows you …
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In this episode, I’m on the other side of the microphone. I’m interviewed by Adam Sewell at the Medical Entrepreneur podcast. I share insights on the non-linear paths physicians can take with their degrees and their …
Excerpted from Physician Leadership: More Valuable Than Ever — A White Paper from the American Association for Physician Leadership.
Physician leadership is an essential element required to provide optimal patient-centered care. To succeed, health care must be quality-centered, safe, streamlined, measured, evidence-based, value-driven, innovative, fair, equitable, and physician-led.
The American Association for Physician Leadership (AAPL) is focused on the personal transformation of all physicians, and through them, the organizations they serve. …
Retirement planning should start at the onset of your professional career. Like many things in finance, the earlier, the better. Many residents and fellows can save into a retirement plan and receive matching contributions even during their training. Over the next 30-plus years as a medical provider, your investment returns will play a role in your preparedness for retirement, but returns are not the only important variable. You’ll also have …
An excerpt from The Mumbo Jumbo Fix: A Survival Guide for Effective Doctor-Patient-Nurse Communication.
When advertising agencies launch a new ad campaign, one of their popular strategies is the testimonial. As consumers, we see testimonials all the time in both print and electronic …
Repeated media articles continue to inform the public that we don’t have enough physicians to handle our health care, and it’s worsening. We have at least 174 accredited medical schools in our nation that are still producing medical doctors and about 22,000 annually from all medical schools who enter a medical practice of some kind.
That must be a satisfactory number because they aren’t building medical schools much anymore. The existing …
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