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It is late evening on a Tuesday. Not a remarkably unusual Tuesday, but the typical day that we have all experienced after a hard day at work. She sits alone at the kitchen island a...
A cardiologist I have known for years called me with a fund document open on his screen and one question: Is this a good one? He had read all of it. He still could not tell me what...
Strategic Financial Planning for Healthcare Professionals Medical school and clinical training take many years of hard work. Doctors, nurses, and specialists start their jobs with...
What if pursuing wealth and pursuing purpose aren’t competing goals, but two essential components of a fulfilling career and life? When I speak to fellow physicians about their fin...
Physicians are precise about the value of their time in exactly one context: when someone else is paying for it. In a contract negotiation that precision is real, the figure gets b...
Your net worth statement is the only financial document in America that routinely counts someone else’s money as yours. It lists the retirement accounts, the brokerage, the house,...
4 in 10 physicians already have a side gig, and nearly three-quarters say it’s just as fulfilling as clinical medicine, ... Read more
The math I’d never done A few years ago I took a hard fall on our annual family ski trip and landed on my wrist. It wasn’t broken. It wasn’t even a bad injury by any medical standa...
Originally published at The Prudent Plastic Surgeon Physicians have a strange relationship with money. We spend more than a decade ... Read more
Every physician on a production contract gets a compensation report. It arrives on schedule, formatted and official, with your wRVU total sitting in a box near the bottom. And almo...
Physicians are trained to recognize what we know and, perhaps more importantly, what we do not know. We take a set of clinical findings, develop a differential diagnosis, gather mo...
Clinicians are trained to demand certainty before they act. In the operatory or the exam room, that risk-averse instinct is exactly what keeps patients safe. Applied to career deci...
American physicians moving to Canada face complex cross-border tax rules. Here are four key financial issues U.S. doctors should understand before relocating. The post American phy...
I have previously written that “not all physicians are nice.” Some physicians (a tiny minority) in private practice hold out the promise of partnership, paying physicians below-mar...
SAVE is officially dead. A federal court entered judgment back in March, ending the plan for good, and loan servicers ... Read more
Dr. Addams sold a rental property in 2021 and moved $150,000 into a value-add apartment deal. The sponsor’s deck projected ... Read more
It was two in the morning and I was starting a heparin drip on a patient whose clot was not going to wait for daylight. I typed the order, the electronic health record (EHR) flagge...
A resignation letter arrives with ninety days written on it. Most practices read that as ninety days to find a replacement, and the search starts that afternoon. What the letter ac...
In 2009, a New England Journal of Medicine analysis examined 84,730 patients undergoing inpatient general and vascular surgery and ranked the hospitals by risk-adjusted mortality....
The Problem Every Passive Investor Faces Physicians are among the most disciplined professionals in the world. You operate in an ... Read more
The health care system is supposed to put the patient first. Physicians evaluate, diagnose, treat, and manage risk. Hospitals, insurers, administrators, and regulators exist to sup...
This is not an argument against capital in independent medicine. Practices need infrastructure, and physicians have legitimate reasons to seek liquidity. It is an argument that the...
This article originally appeared on A Wealth Of Common Sense There are certain financial scripts ingrained in our culture when ... Read more
A few years ago, I sat across from a general surgeon at a conference dinner. He had just wound down ... Read more
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