Business of Medicine - Physician's Weekly - Page 5


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Business of Medicine

What Does It Mean to Invest in Gold?

Dec 15, 2021

We can all agree that gold is a valuable substance. The specifics of that value fluctuate based on the economy and supply, but in the end, it seems as though gold will always retain significant worth....

Reduce Revenue Loss Associated With Outpatient Medical Benefit Drugs

Dec 15, 2021

In a recent study based on researchers affiliated with the University of North Carolina (UNC) and UNC Health, it was found that incorporating a pharmacy-managed medical necessity review program for hi...

The Newest Treatments for Cellulite

Dec 14, 2021

Anyone who has cellulite can attest to how unsightly it looks! The American Board of Cosmetic Surgery estimates that 90% of women and 10% of men experience cellulite primarily in their buttocks, abdom...

What Are DRiPs?

Dec 14, 2021

What busy physician investor doesn’t love a set-it-and-forget-it option? It’s not that you should ever set and forget your finances, but there are tools in place that can help you increase your we...

Developing a Realistic Budget

Dec 13, 2021

Next to going on a diet, going on a budget may be the most dreaded phrase in adulthood. Like a diet, a budget will fail if it overreaches, over-restrains, or overdoes it. As a physician investor looki...

Should You Consider Whole Life Insurance?

Dec 11, 2021

Obtaining a life insurance policy is just another part of being an adult. You are facing your mortality. You are protecting the ones you love. But there are different options available to you and as a...

Investing in Real Estate to Boost Passive Revenue

Dec 10, 2021

With the rise of increasing responsibilities and physician burnout, job insecurity has increased. In an effort to safeguard their financial stability, many physicians are seeking passive-income source...

Survey Shows More Than Half of Healthcare Workers Are Ready to Leave the Field to Seek Better Compensation

Dec 10, 2021

In a survey result from LinkedIn’s Workforce Confidence Index, 56% of healthcare workers are considering or actively pursuing work in other industries. The survey compiled results from more than 14,...

Is Pet Insurance Worth It?

Dec 10, 2021

Many of us know someone who took on a pandemic pet. Shelters saw record adoption rates and according to US News & World Report, the rate of euthanized dogs and cats decreased significantly as a re...

Strengthening a Patient-Physician Relationship Can Optimize Care

Dec 09, 2021

Quality healthcare is deeply rooted in a trusting, informative patient-physician relationship. With the increasing popularity of patients using technology to inform themselves of everything from healt...

Three Trends Impacting the Financial Health of Patients & Providers in 2022

Dec 09, 2021

It's an unfortunate reality of our times: Healthcare in the United States has become increasingly unaffordable, challenging patients, providers, and pharmacies alike. One in five adults reported they ...

Preserving the Patient Relationship While Securing Payment

Dec 09, 2021

Dr. John Noseworthy wrote in the New England Journal of Medicine that, “Practicing physicians despair that the focus on costs has reduced them to cogs in the health care business machine, with daily...

Using EHR Data to Reduce Physician Turnover

Dec 08, 2021

A recent retrospective cohort study published in JAMA Network Open asks the question, “Can vendor-derived electronic health record (EHR) use data platforms be used to understand and explain physicia...

The Importance of Dividends

Dec 08, 2021

Outside of the investing world the phrase “it pays dividends” means that an action on your behalf will receive consistent and future benefits. Installing an energy-efficient air conditioning syste...

Rheumatologists See Steady Increases in Earnings

Dec 07, 2021

According to the Medscape Rheumatologist Compensation Report 2021, despite being below the middle earners for over 29 physician specialties surveyed in the past several years, rheumatologists are amon...

Exploring Real Estate Investment Trusts

Dec 07, 2021

Physician investors looking to achieve a healthy level of diversification in their portfolio may want to consider investing in real estate. Real estate, however, is a cumbersome and costly investment ...

Urologists Remain Among Top Earners

Dec 06, 2021

According to a recent Medscape compensation report that surveyed almost 18,000 physician respondents across more than 29 specialties, urologists remained near the top earners and increased their avera...

What Is a Blue-Chip Stock?

Dec 06, 2021

A healthy portfolio usually has a variety of assets that will keep it diversified and thereby shielded from unexpected fluctuations in any sector of the market. For a physician investor, to achieve th...

What Will Your Stages of Retirement Look Like?

Dec 04, 2021

So many physician investors have worked very hard to save and prepare for their retirement, and then when the big moment arrives, they are not sure how to proceed personally, vocationally, or financia...

Psychiatrist Compensation Sees Small Growth

Dec 03, 2021

According to the Medscape Psychiatrist Compensation Report 2021, despite the hardships brought by COVID-19, average psychiatrist income grew somewhat, from $268,000 in 2019 to $275,000 in 2020. Nevert...

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