Financial Residency artwork

Financial Residency

988 episodes - English - Latest episode: 4 days ago - ★★★★★ - 295 ratings

As a doctor, you spent decades in school to get to where you are. Unfortunately, during all those years in medical school and residency, you probably didn't receive a financial education. But, not to worry. That’s where I come in. Think of this podcast as your financial residency without the long hours and sleepless nights! I will guide you through a financial education resulting in money confidence and clarity in this critical aspect of your life. You’ll understand how you make money, how you spend money, how your hard-earned money can work for you, and how to protect yourself and your family. I have witnessed residents and fellows bombarded by life and disability insurance salesmen and other “investment” pitches that are not in their best interest. You didn’t receive any formal financial education in your decades of medical training, so how are you supposed to know the good financial advisors from the bad? This podcast will help with that. Remember, it’s ok to not know the difference between a ROTH IRA and a 403b or which 529 plan is best. This podcast will simplify highly complex concepts and translate industry jargon into plain English. Are you ready to take action and make smarter, more informed financial decisions? Great - let's do this! Let your financial residency begin.

Investing Business Careers fellowship finance resident budgeting doctor financialplanning investing medical money physician
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Episodes

Grand Rounds - Physician wellness, suicide and change with Dr. Dominick Corrigan of Physicians Anonymous

February 26, 2024 09:00 - 40 minutes - 23.5 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! Dr. Dominick Corrigan founded Physicians Anonymous to help physicians who are somewhere along the spectrum between burnout and depression all the way to suicidal. His organization provides free, anonymous peer support.  He joined Dr. Tammy to share his journey that led to starting Physicians Anonymous, discussing t...

Financial Vitals - Should I Change Jobs For More Money

February 24, 2024 09:00 - 23 minutes - 17.5 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! Are you looking for another job, or are recruiters seeking you out for opportunities? If you were offered a different job, would you think about taking it? Why, or why not? There’s a lot to consider. In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks about whether to accept another job. It c...

Financial Vitals - Avoiding COVID Forbearance Lifestyle Creep

February 23, 2024 09:00 - 9 minutes - 7.1 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! Are you struggling with the temptation related to student loan perks? What are the intended consequences of student loans and associated COVID forbearance programs?   In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks about saving money to avoid the COVID-19 forbearance lifestyle creep. To...

Coffee & Contracts - The Race to Acquire Physicians

February 22, 2024 09:00 - 8 minutes - 6.32 MB

In the article titled "The Race to Acquire Physicians," Jon from Contract Diagnostics discusses the implications of the growing demand for physicians and the challenges surrounding their employment. He highlights the ongoing mismatch between physician supply and patient care needs, noting the increasing consolidation of healthcare organizations and the potential legal ramifications of monopolizing the physician marketplace. Jon explores the complexities faced by physicians in choosing betw...

Coffee & Contracts - AI and Patient care

February 21, 2024 09:00 - 5 minutes - 3.93 MB

The Wall Street Journal article discusses the potential of chatbots for medical advice, highlighting their benefits such as aiding in initial assessments of x-rays, pathology reports, and lab values.  However, it emphasizes the necessity for human oversight to ensure accuracy and to avoid overlooking critical details. While chatbots hold promise for streamlining administrative tasks and improving efficiency in healthcare settings, they may lack the personalized approach and nuanced underst...

Mortgage Minute - Picking the right realtor

February 20, 2024 09:00 - 5 minutes - 4.39 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! In this segment of "The Mortgage Minute" with Doug Crouse from BMO Bank, the focus is on the importance of selecting the right real estate agent when purchasing a home.  Doug emphasizes that while securing a favorable mortgage rate is crucial, the choice of agent can significantly impact the overall cost of buying ...

Grand Rounds - In Person Summit and Online Resources for Physicians Who Want to Work Independently

February 19, 2024 09:00 - 22 minutes - 14.8 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! Many physicians are interested in contracting independently versus continuing as an employed physician, but don't know where to start. Dr. Corinne Rao and Dr. Holly Shen share information about the Flex Med Staff 2024 Physician Summit April 7-10 in Las Vegas where there will be 20 CME about locums strategies, direc...

Financial Vitals - Hire Or Fire Your Financial Advisor with Dr, Jim Dahle and Alan Moore

February 17, 2024 09:00 - 53 minutes - 39.5 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! Are you a physician tired of getting ripped off and wanting a fair shake on Wall Street? Rather than getting mad, understand how the financial services industry works. Do the right thing by knowing when and why to hire or fire your financial advisor.   In this episode of the Finance For Physicians Podcast, Daniel W...

Financial Vitals - How Laura Yost Is Living A Richer Life

February 16, 2024 09:00 - 52 minutes - 35.9 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! How do you plan for a child who has a disability? Overcome the initial fear and concern for the unknown and focus on the positive blessing they are to your family. Learn to live a fuller and richer life by turning lemons into lemonade. In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks to La...

Coffee & Contracts - Mistakes - on me and on a system!

February 15, 2024 09:00 - 5 minutes - 4.57 MB

In this segment, Jon from Contract Diagnostics reflects on a significant error regarding disability insurance and emphasizes the importance of seeking professional advice. He clarifies misunderstandings about disability policies and acknowledges the necessity of expert guidance. Jon then discusses a case involving an Indianapolis-based health system that faced a $345 million settlement due to compensation mistakes for physicians.  He underscores the seriousness of fair market value and c...

Coffee & Contracts - RN vs. NP vs. PA pay: Key comparisons

February 14, 2024 09:00 - 3 minutes - 3 MB

In this discussion, Jon from Contract Diagnostics explores the current landscape of salaries for nurse practitioners (NPs), physician assistants (PAs), and registered nurses (RNs). He highlights the growing wage trends and the differences in compensation among these roles, citing average annual salaries and hourly rates. Jon emphasizes the negotiating capital that NPs, PAs, and physicians possess in their employment contracts compared to RNs.  He also touches on the variation in salaries...

Mortgage Minute - Free credit report

February 13, 2024 09:00 - 4 minutes - 3.22 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! In this episode Doug Crouse urges listeners to check their free credit reports regularly. He highlights a case where a borrower with assumed 800 credit scores discovered issues, emphasizing the importance of monitoring credit for errors or fraudulent activity. Doug encourages listeners to utilize free credit reports ...

Grand Rounds - Purchasing your First Home with Doug Crouse

February 12, 2024 09:00 - 17 minutes - 10.6 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! In this episode, host Tammy introduces Doug Crouse, a seasoned physician mortgage lender, on navigating the competitive housing market for first-time physician homebuyers.  They discuss the importance of securing the right loan and introduce their book, "Hippocratic House," aimed at assisting physicians in home buy...

Financial Vitals - How Perfectionism In Medicine Spills Over Into Your Personal Finances

February 10, 2024 09:00 - 58 minutes - 34.8 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! Nobody’s perfect. Everyone needs to take care of their mental health, including physicians. Perfectionism in medicine can spill over into physicians’ personal finances. In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks to Dr. Michael Myers about physician perfectionism. Michael is professor...

Financial Vitals - How to Use Real Estate to Build Wealth

February 09, 2024 09:00 - 43 minutes - 35.1 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! Even with your own home, have you noticed that real estate prices have been a bit hectic? How do you build wealth with real estate? Not with your primary residence.    In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks about real estate as an investment outside of your primary residence. You...

Coffee & Contracts - Let us help - free education

February 08, 2024 09:00 - 3 minutes - 2.59 MB

In this message, Jon from Contract Diagnostics emphasizes the company's commitment to physician education. He highlights the lack of formal training for physicians in contract evaluation, negotiation, and other crucial aspects of professional development.  Jon invites individuals and organizations to reach out for educational opportunities, including training programs, free talks, and webinars. He introduces Dr. Catherine Sarnowski as the National Director of Physician Education, emphasizi...

Mortgage Minute - Lock your Rate

February 07, 2024 09:00 - 5 minutes - 3.8 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! In this episode of the Mortgage Minute, host Doug Crouse discusses recent fluctuations in mortgage rates driven by economic reports such as the jobs and manufacturing data. He advises listeners to consider locking in their rates within 60 days to secure the best possible rate amid uncertainty. Doug warns against wa...

Coffee & Contracts - 100k signing bonus for a NURSE!

February 06, 2024 09:00 - 3 minutes - 2.82 MB

In California, a healthcare system faced a staffing crisis during the pandemic and resorted to costly temporary nurses. To tackle this, the CEO and team offered $100,000 signing bonuses for new RNs and retention bonuses for existing ones over three years.  This innovative approach succeeded in retaining staff and reducing reliance on expensive locums. The case underscores the importance of investing in staff and considering retention bonuses as a cost-effective strategy. As such, healthc...

Grand Rounds - Passive investing in real estate with Dr. Steve Suh

February 05, 2024 09:00 - 31 minutes - 22.9 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! Dr. Steve Suh is a co-founder of Left Field Investors and author of "Avoiding Rookie Errors as a Left Field Investor." He shares his successes and mistakes with us today about syndication and real estate investing. He encourages everyone to educate themselves before investing to avoid unnecessary losses.  He also...

Financial Vitals - It's Ok Not To Be Ok

February 03, 2024 09:00 - 46 minutes - 34.7 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! Does the medical profession make you feel like you got to have everything together because everyone around you is perfect? Everything and everyone has flaws, including physicians who are far from perfect but pretend everything is all good all the time. In this episode of the Finance for Physicians Podcast, Daniel W...

Financial Vitals - Using Your HSA To Build Wealth

February 02, 2024 09:00 - 27 minutes - 22.8 MB

This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! If you already have or plan to set up or start a health savings account (HSA), how do you make sure it is efficient to build wealth and possibly invest?   In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks about how to best manage HSAs. Topics Discussed: • HSA: Best tax shelter that exis...

Coffee & Contracts - 1 in 5 doctors will become disabled

February 01, 2024 09:00 - 5 minutes - 4.3 MB

Today, Jon from Contract Diagnostics discusses the unsettling statistic that one in five physicians may become disabled during their career. While Jon admits to lacking expertise in disability insurance specifics, he underscores the importance of understanding one's coverage. He points out that employer-provided disability policies often have limitations that may not adequately support physicians and their families in the event of disability. Jon encourages physicians to explore supplement...

Coffee & Contracts - What is the best paying job in healthcare

January 31, 2024 09:00 - 5 minutes - 4.27 MB

In this episode, Jon from Contract Diagnostics discusses the notion of the best-paying job in healthcare based on an article he read. While traditional high-paying roles like executive positions and CEOs are acknowledged, Jon focuses on the surprising revelation from an anesthesia journal that anesthesiology is deemed the best-paying job in healthcare. He scrutinizes the data presented in the study, highlighting discrepancies and questioning its validity. Jon contemplates various factors b...

Mortgage Minute - Plan ahead if you are looking for a mortgage in the next 6-8 months

January 30, 2024 09:00 - 3 minutes - 2.6 MB

It's almost Match Season and Graduation Time for med students, residents and fellows. That means that thousands of doctors will be looking to move and get a mortgage at the same time. This year is different in that many banks have pulled out of the Physician Mortgage space over the past year, which means there will be fewer loan officers to handle the influx of doctors needing assistance. So plan ahead.  Make contact with banks, get the information you need and questions answered, apply ...

Grand Rounds - Real Estate Residency with Brett Riggins

January 29, 2024 09:00 - 29 minutes - 22.8 MB

Brett Riggins is the owner of Physician Wealth Systems and podcast host of Real Estate Mogul MD. He talks to us today about the BURRR method of investing (Buy, Renovate, Rent, Refinance, Repeat) and stackable returns of residential real estate. We briefly explore the tax benefits of developing a real estate portfolio to offset active income from W2 employment.   To learn more about Brett at www.PhysicianWealthSystems.com.    

Financial Vitals - 5 Signs You're Working With An Insurance Agent Posing As An Advisor

January 27, 2024 20:00 - 22 minutes - 18.1 MB

Insurance agents posing as advisors is more common than you may realize and can create conflicts of interest. The key is having better awareness. Don’t get fooled again!  In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks about five ways to identify whether you are working with an insurance person who is posing as a financial advisor. Topics Discussed: • Sign #1: Aggressive posers seek you out after making contact or via referrals • Sign #2: Posers offer you f...

Financial Vitals - Charitable Giving Strategies To Reduce Taxes

January 26, 2024 09:00 - 50 minutes - 37.6 MB

It’s that time of year again where many of you are considering giving generously to help others.  What are some of the best tax strategies for giving?  In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks to Justin Harvey, a fellow Certified Financial Planner (CFP®) and founder of Anesthesia Success—a planning firm and podcast dedicated to helping anesthesia and pain physicians make successful career and financial decisions. Topics Discussed: • Charitably inclined...

Coffee & Contracts - Hospital mergers and acquisitions

January 25, 2024 09:00 - 5 minutes - 3.88 MB

In this episode, Jon from Contract Diagnostics explores the trends in hospital mergers and acquisitions, highlighting recent examples and contemplating whether this trend will continue. He mentions the increasing number of deals and the involvement of non-traditional players like Microsoft, Amazon Health, and Walmart in healthcare partnerships. Jon anticipates more technology-driven collaborations and partnerships, emphasizing the potential impact on physicians.  While immediate effects ...

Coffee & Contracts - How much does EMR cost?

January 24, 2024 09:00 - 5 minutes - 4.02 MB

In this brief episode, Jon from Contract Diagnostics discusses the significant expenses associated with electronic health record (EHR) systems for healthcare facilities. Using examples from a published article, he highlights the substantial costs, such as a Cleveland-based hospital expecting its EHR installation to cost $400 million. Jon emphasizes that these costs are typically covered by employers, and physicians need not worry about directly paying for EHR systems.  However, he sugges...

Mortgage Minute - Match Season is coming up and finding a physician loan officer may be more difficult

January 23, 2024 09:00 - 3 minutes - 2.19 MB

Match Season and Graduation Season for residents and fellows brings an influx of new home buyers. Over the past year, there have been several banks that have gotten out of the physician mortgage business so there will be fewer loan officers to handle the thousands of physicians who are looking for a loan at the same time. If you think you might be buying a house in the next 6 months, Doug recommends that you start reaching out to banks now to start getting prequalified and approved for a h...

Grand Rounds - What is Fair Market Value with Jon Appino of Contract Diagnostics

January 22, 2024 09:00 - 29 minutes - 18.7 MB

Employers refer to Fair Market Value in conversations and contracts when negotiating fair compensation, but who determines FMV and how is it calculated? Jon Appino with Contract Diagnostics tries to shed light on FMV and talks about how you can get third-party information to ensure you agree with the FMV calculation being used to determine your compensation.  To learn more or get a Compensation Review for yourself or your group with Jon's team, go to www.ContractDiagnostics.com.

Financial Vitals - Investing During Wild Markets with David Blanchett

January 20, 2024 09:00 - 31 minutes - 21.9 MB

Have you been paying attention to the financial news? Most of it is covering all the craziness around stocks. GameStop, AMC, and others went way up only to go way back down. These days, everyone has a Robinhood account and is trading stocks on margin. Plus, the COVID pandemic has added all sorts of volatility to the stock market.    In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks to David Blanchett about investing during the craziness of a wild market. David is t...

Financial Vitals - The Dangerous Pursuit of Financial Independence

January 19, 2024 09:00 - 44 minutes - 25.7 MB

For some physicians, achieving financial independence is the end-all-be-all to living the good life. Pursuing it can be fantastic when well-balanced and a key factor to reducing burnout. In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks too Donovan Sanchez, a Certified Financial Planner (CFP) and founder of Sky view Financial Planning, about the pursuit of financial independence.    Topics Discussed: • What is financial independence? Financially set for life •...

Coffee & Contracts - What if all are paid the same?

January 18, 2024 09:00 - 4 minutes - 3.29 MB

Today, Jon from Contract Diagnostics addresses the common objection physicians encounter during contract negotiations – being told that everyone at the facility is paid the same.  Jon advises physicians not to immediately accept this claim but to engage in due diligence by asking questions about the evaluation process, the data used, and how long it has been since the last assessment.  If the offered compensation is below market value, Jon suggests that physicians consider collective neg...

Coffee & Contracts - Using Data for Negotiations

January 17, 2024 09:00 - 5 minutes - 3.81 MB

In this Coffee and Contracts episode with Jon from Contract Diagnostics, the focus is on negotiating based on data and determining fair value. The discussion emphasizes the importance of considering various data inputs beyond standard industry metrics, such as MGMA data. Jon highlights the significance of understanding the context, including factors like the duration a position has been open, location, and facility staffing.  The episode stresses the need to interpret data accurately and...

Mortgage Minute - Step-by-Step Approach to Buying a New Home

January 16, 2024 09:00 - 5 minutes - 3.07 MB

Doug gives his recommendations on the steps you should take in purchasing a new home. First, you should get preapproved (versus prequalified) with your bank and set a budget. Think about your "must haves" when choosing your home, such as location, commute to work, schools, amenities, safety, etc. Now choose your realtor.  Find one who will give you good advice and negotiate well on your behalf. Contracting with the right realtor can potentially save you thousands of dollars and prevent y...

Grand Rounds - Erez Druk CEO of Freed explains how his AI virtual scribe can reduce burnout and save you precious time

January 15, 2024 09:00 - 22 minutes - 15.3 MB

We all went into medicine to care for patients, but for some more of our time is spent on the EMR than with our patients. Erez Druk invented AI software that listens to your appointments and generates a SOAP note for you. It learns your style over time so less edits are necessary with each interaction.  It's like a scribe that will never quit on you, not to mention more affordable. It may save you 10+ hours per week in administrative tasks. You can learn more at www.Freed.AI. You can tr...

Financial Vitals - 3 Exercises To Help You Clarify Your Values

January 13, 2024 09:00 - 23 minutes - 18.3 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Are you on auto-pilot and susceptible to routines and the rest of the world’s values? What’s most important to you in your life? There are solid steps or ways that you can take to clarify (or re-clarify) your true values.  In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks about three specific exercises to help you clarify ...

Financial Vitals - How Conflicts Of Interest Muddy the Financial Advice Waters with Donovan Sanchez

January 12, 2024 09:00 - 48 minutes - 38.5 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Physicians seeking independent financial planning advice at a fair price should find financial advisors who mitigate conflicts of interest that cause more harm than good. In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks to Donovan Sanchez, a Certified Financial Planner (CFP) and founder of Skyview Financial Planning. Dono...

Coffee & Contracts - Medical Director roles and stipends

January 11, 2024 09:00 - 6 minutes - 4.6 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Jon from Contract Diagnostics discusses the structure and payment of medical directorship roles. The structure depends on factors like facility and specialty, with compensation typically being hourly or a flat fee.  Medical directors may have a separate contract, and compensation can range from $100 to $400 per hour, often capped monthly or paid a...

Coffee & Contracts - Employer announces compensation change - now what?

January 10, 2024 09:00 - 6 minutes - 4.9 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Jon from Contract Diagnostics addresses the increasing trend of employers providing addendums or changes to physicians' compensation structures.  He emphasizes the importance of promptly seeking professional assistance, like Contract Diagnostics, when receiving such addendums, especially since they often come with short timeframes for review and a...

Mortgage Minute - When does it make sense to take an adjustable rate versus a fixed rate mortgage?

January 09, 2024 09:00 - 4 minutes - 3.01 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart!   As a physician, you have many options when it comes to getting a mortgage for your new home. One option is choosing between an adjustable rate versus a fixed rate. Doug talks today about why you might want one over the other and factors to consider.    To learn more about Doug or to get a copy of his free book "The Hippocratic House: Do No H...

Grand Rounds - Exploring student loan payoff strategies with financial planner James Nutter

January 08, 2024 09:00 - 42 minutes - 25.8 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! James Nutter is a financial planner with IM Wealth. He talks with us in depth today about student loan repayment strategies with a strong focus on PSLF.  His firm specializes in approaching financial planning from a behavioral perspective. Advisory services offered through Commonwealth Financial Network®, a Registered Investment Adviser.   One ...

Financial Vitals - Aligning Your Time And Money Management With Your Values with Jeff Wenger

January 06, 2024 09:00 - 24 minutes - 18.2 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! You can have all the money in the world and be completely unhappy. Everybody wants to move closer toward living out their version of an ideal life.  Yet, the daily grind we all face tends to push us away from this.  In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks with his colleague Jeff Wenger, about how physicians can b...

Financial Vitals - Should You Payoff Debt Or Invest with Jeff Wenger

January 05, 2024 09:00 - 26 minutes - 19.9 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Should you pay off debt or invest? It’s a straightforward question.  Yet, the answer is often not so straightforward and really depends on your situation.    In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks to Jeff Wenger about the proper way to think through this question so that you can begin making more educated decisi...

Coffee & Contracts - Creative Negotiations

January 04, 2024 09:00 - 6 minutes - 4.54 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Jon from Contract Diagnostics discusses creative negotiation strategies for physician contracts. Using a hypothetical scenario where the base salary is $300, and the physician desires $325, Jon explores various creative approaches to negotiation.  He suggests considering alternatives such as negotiating for future years, additional benefits like e...

Coffee & Contracts - Hospital vendor contract changing

January 03, 2024 09:00 - 7 minutes - 5.07 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Jon from Contract Diagnostics shared a recent case where a physician faced unexpected changes in employment due to a third-party vendor terminating their contract with a hospital.  Despite the physician's stellar performance, the vendor wanted out of the specialty, prompting negotiations between the hospital, vendor, and physician. The hospital,...

Mortgage Minute - It's a new year! What do experts think will happen in 2024?

January 02, 2024 09:00 - 9 minutes - 7.02 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Rates came down in the last quarter of 2023. Should you refinance? Do you have a rate modification option for your loan? Will rates go down further? Doug talks through a few of these issues on today's podcast. If you would like a free copy of Doug's book, Hippocratic House: Do No Harm When Purchasing Your First Physician Home, go to www.DougCrous...

Grand Rounds - Exploring anonymity trusts, tax shelters and depreciation investments with Scott Royal Smith

January 01, 2024 09:00 - 28 minutes - 20.2 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Scott Royal Smith is an asset protection attorney. His firm specializes in tax deductions, shelters, depreciation analysis and real estate planning.  Today we explore protecting yourself through a combination of anonymity trusts and LLCs, establishing private foundations to create a tax shelter, investing in oil and gas to gain beneficial deprecia...

Financial Vitals - Yet Another Pending Student Loan Chang That Could Turn Things Upside Down Again with Jeff Wenger

December 30, 2023 09:00 - 22 minutes - 15.5 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Join Daniel Wrenne and Jeff Wenger on an enlightening episode of "Finance for Physicians," where they explore the dynamic world of student loans, financial planning, and more. In this engaging conversation, Daniel and Jeff discuss recent updates and developments in the field, offering valuable insights and strategies to empower physicians in managin...

Guests

Travis Hornsby
3 Episodes
Bobby Lee
1 Episode
Robert Farrington
1 Episode