Financial Residency
988 episodes - English - Latest episode: 4 days ago - ★★★★★ - 295 ratingsAs 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.
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Episodes
Mortgage Minute - What are points and when does it make sense to pay them?
October 31, 2023 08:00 - 8 minutes - 5.95 MBThis episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Doug explains how points are calculated. Sometimes you can pay points to buy down your interest rate, but should you? Doug talks about how to determine how long it would take to "break even" by paying money up front to get a lower rate. He then talks about forecasts in the mortgage industry about whether rates will go down. To learn more about Doug Crouse or to ...
Grand Rounds - General principles of Asset Protection with Ike Devji, Esq
October 30, 2023 08:00 - 37 minutes - 22.5 MBThis episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com This is a reboot to talk about the general principles of asset protection for physicians. It means more than getting an adequate medical malpractice policy. It involves managing risks to hold on to the wealth we have accumulated. A good asset attorney will look at their clients holistically to anticipate areas where they may be at risk over and above being a physic...
Financial Vitals - How To Avoid Lifestyle Creep
October 28, 2023 08:00 - 33 minutes - 21.8 MBEveryone has suffered from lifestyle creep to some extent. Somewhere along the way, you go from eating ramen noodles to the finer things in life. You become used to spending your entire salary. In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks to Jeff Wenger, a Certified Financial Planner (CFP®), about how to avoid lifestyle creep. What is it? How does it happen? How do you prevent it? Topics Discussed: Tricky Transitions: Going from little income t...
Financial Vitals - Physician Mortgage Loan Pros and Cons With Doug Crouse
October 27, 2023 08:00 - 38 minutes - 25.4 MBWhat are pros and cons of physician mortgage loans? What do you need to know before taking one out, especially during a crazy market and changing rates causing sticker shock? In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks to Doug Crouse, mortgage lender that specializes in physician loans and author of Hippocratic House: Do No Harm When Purchasing Your First Physician Home. Topics Discussed: • Advantages: Low down payments, lack of PMI, and new job q...
Coffee & Contracts - Physicians Love data
October 26, 2023 08:00 - 5 minutes - 4.25 MBJon from Contract Diagnostics encourages everyone to utilize data in their everyday life to improve outcomes, much like he does with his Abbott Libre 2 glucose monitor and Fitbit. Moreover, he emphasizes the importance of understanding and using data to make informed decisions about their compensation or total cash compensation (TCC) in their jobs, especially for physicians. He notes that utilizing available data sets online and understanding your specific circumstances can help you make...
Financial Vitals - Physician Contracts Explained: Navigating Risk, Reward and Disability with Jon Appino
October 25, 2023 08:00 - 59 minutes - 34.5 MBJoin Daniel Wrenne and his guest Jon Appino as they delve into the complex world of physician contracts, with a specific focus on disability considerations. In this informative and engaging show, they discuss the intricacies of negotiating physician contracts while addressing the importance of disability provisions. Key Takeaways: - Customize contracts to align with your unique story, considering disability-related factors. - Leverage high demand in the physician field for better negotia...
Mortgage Minute - Important information when choosing your lender
October 24, 2023 08:00 - 8 minutes - 5.25 MBChoosing the best lender often means more than just getting the best rate. Doug talks about comparing interest rates, lender credits, PMI, etc. It never hurts to talk to more than one lender to see what is available to you. To learn more about Doug Crouse or to get a free copy of his book, go to www.DougCrouse.com.
Grand Rounds - 4 Specific Ways to Protect Your Estate with Ike Devji, Esq
October 23, 2023 08:00 - 35 minutes - 22.2 MBIke Devji is an asset protection attorney who has spoken at national physician conferences and is a prolific author on the subject. Today he talks about 4 specific ways to protect your estate, including prenuptial agreements https://www.physicianspractice.com/view/valentines-day-starts-prenup-season, avoiding tax scams that result in illegal tax evasion vs the legal tax avoidance, the IRS Dirty Dozen https://www.irs.gov/newsroom/irs-wraps-up-2023-dirty-dozen-list-reminds-taxpayers-and-tax-...
Coffee & Contracts - 1099 to W2?
October 20, 2023 08:00 - 4 minutes - 3.26 MBJon discusses the difference between W-2 and 1099 employment statuses and answers common questions related to pay differences and converting from one status to another. He explains that 1099 independent contractors do not receive benefits and typically have to file taxes on a quarterly basis, resulting in higher taxes. As a general rule, 1099 contractors are paid 10 to 15 percent higher than their W-2 counterparts to account for these additional costs. J on also mentions that it is possi...
Financial Vitals - Is Your Old Student Loan Plan Still Going To Cut It Now That Payments Are Resuming with Daniel Wrenne and Jeff Wenger
October 19, 2023 08:00 - 21 minutes - 14.2 MBJoin Daniel Wrenne and Jeffrey Wenger as they navigate the complex landscape of student loan repayment strategies in this episode! With a focus on helping physicians, particularly those working with Public Service Loan Forgiveness (PSLF) in mind, Daniel and Jeff take you on a journey through the recent changes in student loan policies. They explore the historical approaches to student loans and delve into how the transition to the new SAVE Plan (Saving on a Valuable Education Plan) can imp...
Coffee & Contracts - 75/25 academic split - how detailed?
October 18, 2023 08:00 - 4 minutes - 3.16 MBJon from Contract Diagnostics discusses the allocation of time in academic job contracts. He explains that academic contracts often include percentages to outline the distribution of time between clinical work, research, administrative tasks, and education. Jon recommends that the contract should clearly define the percentages and provide detailed information about what each percentage entails. For example, if 75% of the time is allocated for clinical work, it should be specified whether t...
Mortgage Minute - The next Federal Reserve meeting is coming soon, what does that mean?
October 17, 2023 08:00 - 8 minutes - 5.65 MBThe Fed will meet again at the beginning of November. Are rates expected to go down? Are we entering a recession? Doug gives his thoughts on rates in the near future and through next year. He talks about making big purchases and making sure you don't overextend yourself. To learn more about Doug Crouse or to get a free copy of his book, go to www.DougCrouse.com.
Grand Rounds - Dr. Sunana Sohi flies high when not in the GI suite
October 16, 2023 08:00 - 11 minutes - 6.52 MBDr. Sunana Sohi shares her very unique passion that helps her relax when outside of the GI suite. It helped her through Covid and binds her family together through this special type of play. You can see her perform by following her on Instagram @SunanaSohi.MD.
Coffee and Contracts - Compensation Model: Collections
October 14, 2023 08:00 - 4 minutes - 3.15 MBThis summary discusses the Collections Compensation Model, commonly used in private practice medical settings to determine physician remuneration. In this model, rather than being paid upon production (like in the RVU model), physicians are compensated based on when the service is reimbursed to the practice. There can be many variations to this model, such as a base salary with a percentage of net collections beyond a threshold or simply receiving a percentage of all net collections. Ano...
Coffee & Contracts - Medicare Advantage Being dropped at Rural Hosptials?
October 13, 2023 08:00 - 3 minutes - 2.19 MBThe article discusses how hospitals are dropping Medicare Advantage due to delays in government payments. Scripps, a major player in California, has already dropped a significant portion of Medicare Advantage, resulting in 30,000 seniors losing their coverage. This can create challenges for employers in maximizing staff and maintaining profitability. Physicians who work with Medicare Advantage should communicate with their employers to understand how it might impact their practice. If y...
Financial Vitals - Getting Leverage Over The Medical System To Call Your Own Shot with Dr. Daniel Paull
October 12, 2023 08:00 - 50 minutes - 33.5 MBWelcome to "Finance For Physicians," the podcast that helps doctors live their lives on their own terms. In this episode, we dive into the world of orthopedics with Dr. Daniel Paull, the founder of Easy Orthopedics in Colorado Springs. Dr. Paull's unique practice challenges the status quo and positively disrupts the traditional healthcare system. Join us as we uncover the distinct features of Dr. Paull's practice, delve into his journey of building an innovative model, and discover how i...
Coffee & Contracts - Rural Hospitals Scaling back care
October 11, 2023 08:00 - 3 minutes - 2.44 MBContract Diagnostics is a company that works with physicians who serve underserved areas, particularly in rural hospitals. The company understands that rural hospitals may not be the most profitable for larger healthcare systems, leading to cutbacks and operational changes. Contract Diagnostics aims to help physicians navigate these changes by reviewing their contracts and providing assistance. They offer free 15-minute inquiry calls to understand each individual's situation and provide su...
Mortgage Minute: New Fannie Mae limits for mortgages
October 10, 2023 08:00 - 6 minutes - 4.73 MBDoug talks today about some changes Fannie Mae is making soon regarding loan limits for conforming loans. Fannie Mae is also making some positive changes for buyers who want a multi-family property (duplex, triplex or four-plex) in which they also plan to live. If you would like to get a free copy of Doug's book Hippocratic House: Do No Harm When Purchasing Your First Physician Home, go to www.HippocraticHouse.com.
Grand Rounds: Take Medicine Back with Dr. Mitch Li
October 09, 2023 08:00 - 26 minutes - 18.6 MBDr. Mitch Li is an emergency room physician who started www.TakeMedicineBack.org to help physicians fight against the corporatization of medicine. His group is working with physicians, attorneys, medical societies, and lawmakers to enforce laws already on the books to prohibit the corporate ownership of medical practices, thereby giving physicians the autonomy to work in the best interest of their patients.
Coffee & Contracts: AI update and your job
October 07, 2023 08:00 - 7 minutes - 5.4 MBToday Jon discusses the impact of artificial intelligence (AI) on various industries, including healthcare. He mentions using AI for tasks like generating ideas and conducting travel research. In healthcare, AI is expected to play a significant role in areas like radiology and pathology, where it can improve efficiency and accuracy. The speaker believes that AI will bring changes to how medical professionals diagnose and treat patients, as well as how research is conducted and medications ...
Financial Vitals - What Happens When Healthcare Conflicts With Physician's Own Values
October 06, 2023 08:00 - 40 minutes - 30.2 MBvalues conflict as a major issue for physicians in the healthcare system. This conflict arises when the system's requirements and expectations clash with a physician's personal or professional values. For example, a doctor may believe that spending more time with patients is essential for quality care, but the system limits their time with each patient. This conflict can lead to burnout and moral injury, as the physician feels they are unable to provide the care they believe is necessary. Th...
Coffee & Contracts - Calling all Residents and fellows
October 05, 2023 08:00 - 3 minutes - 2.65 MBContract Diagnostics is reaching out to chief residents and fellows, offering guidance and support in navigating contracts and compensation. They provide free customized educational webinars for different specialties, tailored to specific programs and trends in the field. With a wealth of unbranded educational content and experience working with renowned organizations, Contract Diagnostics aims to promote education and help physicians in leadership roles enhance their departments and teams...
Financial Vitals: Is Your Old Student Loan Plan Still Going To Cut It Now That Payments Are Resuming with Daniel Wrenne and Jeff Wegner
October 04, 2023 08:00 - 23 minutes - 15.4 MBJoin Daniel Wrenne and Jeffrey Wenger as they navigate the complex landscape of student loan repayment strategies in this episode! With a focus on helping physicians, particularly those working with Public Service Loan Forgiveness (PSLF) in mind, Daniel and Jeff take you on a journey through the recent changes in student loan policies. They explore the historical approaches to student loans and delve into how the transition to the new SAVE Plan (Saving on a Valuable Education Plan) can imp...
Mortgage Minute: Refinancing Strategies - Making the Right Choice for Your Purchase Loan
October 03, 2023 08:00 - 9 minutes - 6.6 MBIn tonight's episode, host Doug Crause discusses the topic of refinancing and its importance in making purchase loan decisions. He shares his personal opinion on the current market environment and offers insights on when to consider refinancing or opting for an adjustable rate mortgage. Additionally, he suggests asking lenders about rate modifications and low or no cost refinancing options. Doug is a physician lender with BMO Bank. To learn more about him or to request a free copy of hi...
Grand Rounds: Exploring Direct Care Model with Dr. Rebekah Bernard
October 02, 2023 08:00 - 39 minutes - 25.3 MBBeing an employed physician who accepts insurance can be overwhelming with all of the administrative tasks we must go through to get paid. Have you ever thought of opening a clinic where you didn't take insurance? What would that look like? Dr. Rebekah Bernard joins us to talk about her experience as a Direct Primary Care physician. She also states other specialties are starting to follow suit and open practices around the US. We explore how she got started, how she helps her patient...
Financial Vitals: New Strategies Emerging As The New SAVE Plan Rolls Out with Daniel Wrenne and Jeff Wegner
September 30, 2023 08:00 - 43 minutes - 28.9 MBIn this episode, Daniel and Jeff dive into the intricacies of the new Student Loan Affordability and Value for Education (SAVE) Plan, shedding light on emerging strategies for student loan borrowers. The SAVE Plan is making waves in the world of student loan repayment, offering exciting opportunities for those seeking to manage their debt effectively. The hosts explore the advantages and considerations of the SAVE Plan compared to other repayment options, such as PAYE and IBR, and discuss ...
Coffee & Contracts: Work/Life balance
September 29, 2023 08:00 - 4 minutes - 2.91 MBIn this episode, Jon from Contract Diagnostics addresses the topic of work-life balance, which has been a common concern among physicians. Burnout and the need for balance are frequently discussed in the medical field, and Jon emphasizes the importance of addressing these issues upfront when negotiating contracts. He shares examples of physicians he has worked with who prioritize time off or flexibility in their schedules, and advises physicians to clearly communicate their expectations t...
Financial Vitals: Yet Another Pending Student Loan Chang That Could Turn Things Upside Down Again
September 28, 2023 08:00 - 22 minutes - 14 MBJoin 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 managing their financial futures. Discover essential tips, uncover emerging trends, and gain a deeper understanding of the financial intricacies that ...
Coffee & Contracts: Employed to Partner considerations
September 27, 2023 08:00 - 3 minutes - 2.52 MBJon from Contract Diagnostics discusses the transition from employment to partnership in a private practice. He emphasizes the importance of reviewing the initial associate agreement and understanding the metrics that determine eligibility for partnership. Jon also addresses the financial considerations involved in buying into partnership and highlights the need to understand the potential risks and benefits. He advises viewers to focus on the near-term aspects of their employment and part...
Mortgage Minute: What are "trigger leads" and how can I opt out?
September 26, 2023 08:00 - 5 minutes - 3.21 MBHave you ever applied for a loan or a new credit card then received 200 unwanted calls from people soliciting your business? The credit bureaus unfortunately do sell their information after someone's credit has been checked. However you can avoid these calls by going to www.OptOutPrescreen.com or www.DoNotCall.gov.
Grand Rounds: From homelessness and childhood trauma to physician and advocate with Dr. Sheryl Recinos
September 25, 2023 08:00 - 39 minutes - 18.8 MBA truly inspirational story of a woman who overcame severe childhood trauma and homelessness to become a physician and advocate who helps other people who don't have a voice. You can hear her story here or read her book Hindsight: Coming of Age on the Streets of Hollywood. You can learn more about her at www.SherylRecinosMD.com.
Financial Vitals: Mo Money, Mo Problems
September 22, 2023 08:00 - 40 minutes - 28 MBDo you remember the late Notorious B.I.G.’s song, Mo Money Mo Problems? Physicians can probably relate to it. On the flip side, some people believe that having more money makes you benefit from fewer problems. In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks to Jeff Wenger, a Certified Financial Planner (CFP®), about how making more money often leads to more problems. Topics Discussed: • Does money make you happy? Depends on how you define problems • $1 ...
Coffee & Contracts - Are contracts Inflation adjusted?
September 21, 2023 08:00 - 4 minutes - 2.86 MBIn this informative message, Jon from Contract Diagnostics discusses the topic of inflation and its impact on salary. He emphasizes the importance of understanding compensation not only in the present but also how it may change in the future. While contracts typically do not include automatic adjustments for inflation, Jon suggests that negotiating for annual raises or cost-of-living adjustments could be beneficial. He further highlights the significance of considering the employer's needs...
Coffee & Contacts: What is TCC in MGMA edited
September 20, 2023 08:00 - 5 minutes - 3.74 MBIn this message, Jon from Contract Diagnostics discusses the total compensation data from the MGMA survey, which is considered the gold standard for physician compensation. The MGMA survey gathers data from a large number of physicians and their employers each year, but participation is relatively low, so the accuracy of the inputs is uncertain. The data includes various types of compensation such as salary, bonus, incentives, stipends, and distributions of profits, but excludes expense r...
Mortgage Minute: What does ESCROW mean?
September 19, 2023 08:00 - 9 minutes - 6.54 MBThe term can mean different things in different markets. It can also be used to describe an account versus the stage you are in when buying a house. Doug explains the differences and when it can be waived by the buyer. He also talks about why people sometimes want to waive escrow and whether it benefits them or not. To request a free copy of Doug's free book "Hippocratic House: Do No Harm When Purchasing Your First Physician Home" go to www.HippocraticHouse.com.
Grand Rounds: Dr. Kristine Scruggs talks about her work as a screenwriter and novelist
September 18, 2023 08:00 - 19 minutes - 13.5 MBDr. Kristine Scruggs shares her journey as a novelist turned screenwriter. Exploring her creative side has helped her overcome and avoid burnout as a hospitalist physician. She is able to use her medical knowledge to help write scenes and themes in her works. She talks about conferences and competitions that have been beneficial to her in getting her work noticed and making contacts in the industry. You can learn more about her and her work at www.KVScruggs.com.
Coffee & Contracts: Inflation
September 16, 2023 08:00 - 4 minutes - 3.33 MBJon from Contract Diagnostics discusses the topic of inflation and its impact on physicians' contracts. He emphasizes the importance of proactively addressing the issue of rising costs and suggests several strategies for physicians to consider. One strategy is to negotiate for periodic raises built into the contract, either as fixed amounts or tied to an inflationary index. Another option is to negotiate for a cost-of-living increase, which could be tied to a specific metric or capped at a...
Financial Vitals: Should You Incorporate Social Security Into Your Planning Projections
September 15, 2023 08:00 - 21 minutes - 15.1 MBIn this discussion, we will be exploring the topic of social security and its importance in financial planning. There are often misconceptions surrounding social security, leading to negative perceptions about its funding and benefits. However, it is crucial to consider the potential advantages and whether it should be included in one's planning. For individuals with above-average incomes, such as physicians, it is likely that a significant amount will be contributed towards social securit...
Mortgage Minute: Should you ever waive an appraisal contingency?
September 14, 2023 08:00 - 6 minutes - 4.65 MBSometimes buyers make the decision to waive appraisal contingency in a competitive market. Basically that means you will buy the house even if it doesn't appraise for what you offered. But what does that mean when it comes to getting a loan? Does that put you or your earnest money at risk? Learn more about this on today's episode. Doug is a physician lender with BMO Bank. To learn more about him or to request a free copy of his book, go to www.DougCrouse.com.
Coffee & Contacts: Medical Directorship Pay - How much?
September 13, 2023 08:00 - 4 minutes - 2.77 MBToday, Jon Appino from Contract Diagnostics provides insights into medical directorships. He discusses the compensation structure of medical directorships, which varies based on the amount of work and scope required. Typically, medical directors are compensated per hour and there may be monthly or annual caps on compensation. The dollar amount usually ranges from $120 to $200+ per hour. Jon emphasizes the importance of understanding the requirements and expectations of the medical direct...
Financial Vitals: Financial Freedom- How To Live The Life You Want As a Physician with Dr. Latifat of MoneyFITMD
September 12, 2023 08:00 - 59 minutes - 38.4 MBDr. Latifat is a physician, a mother, a financial educator, and a recovering burnt-out professional who's helping other physicians reach their financial freedom dreams through her website, moneyfitmd.com In this episode of Finance for Physicians, we'll talk about Dr. Latifat's story of financial success and how she did it by following her values and ignoring the path society had in store for her. - If you feel like you're living someone else's life or living in the way most people think ...
Grand Rounds: Empower yourself to take medicine back with Dr. Corinne Rao
September 11, 2023 08:00 - 17 minutes - 9.25 MBDr. Corinne Rao is a vocal proponent of taking medicine back. While that can mean many different things to different people, her focus is to educate yourself and know your worth. Don't settle. Advocate for yourself. Find jobs that value your time, your education and pay you accordingly. Discover what is important to you in your career and then find the job that supports that.
Coffee & Contacts: Credentialing Delays in Employment
September 09, 2023 08:00 - 4 minutes - 3.41 MBIn this message, Jon from Contract Diagnostics discusses the issue of credentialing delays in the employment of physicians. He mentions receiving emails from physicians who are experiencing delays in starting their jobs due to credentialing issues. Jon believes that if physicians have fulfilled all their obligations and met the initial requirements for credentialing, they should not be harmed by delays caused by their employer. He recommends including language in contracts that ensures ...
Financial Vitals: Balancing Passion and Profit As A Physician Entrepreneur with Dr. Shikha Jain
September 08, 2023 08:00 - 1 hour - 40.1 MBIt's difficult to work in oncology and teach at the same time about it. It's also hard to run a non-profit in a conservative industry that usually puts profit above all else. However, some people manage to do it. And it's those professionals we want on our show.Such is the case with Dr. Shikha Jain. Besides being a practicing oncologist & professor at the University of Illinois, Shikha is also... - The founder of the Women in Medicine Summit - The CEO of the Covid-19 non-profit IMP...
Financial Vitals: What You Must Understand About the 457b Plan
September 07, 2023 08:00 - 14 minutes - 10.7 MBWelcome to another episode of Finance For Physicians, where we dive deep into the financial matters that matter most to physicians. In this episode, your host, Daniel Wrenne, takes the stage solo to unravel the complexities surrounding the 457B plan – a topic that's crucial for physicians managing their finances independently. In this concise yet insightful episode, Daniel breaks down the fundamental aspects of the 457B plan. He sheds light on the key distinctions between the two primary...
Coffee & Contacts: Negotiating Your Letter of Intent edited
September 06, 2023 08:00 - 4 minutes - 3.52 MBJon discusses the topic of letter of intents and their negotiation. He explains that a letter of intent is typically received before a formal contract and often includes details such as salary, signing bonus, relocation amounts, and student loans. He emphasizes the importance of negotiating these terms at the letter of intent stage rather than waiting for the formal contract. Jon warns against assuming that a letter of intent is non-binding and urges physicians to consult with Contract Dia...
Mortgage Minute: Should you pay points to get a better rate?
September 05, 2023 08:00 - 6 minutes - 4.17 MBRates are very high right now so it's tempting to pay points to buy down the rate. But how do you determine whether this makes financial sense? Doug explains how to calculate the math to know when your break-even point would be. It's also important to decide whether you think the rates will go down and when you think that might happen. Some banks also allow for a Loan Modification, which allows you to keep the same loan but take advantage of a lower rate should rates go down after you ...
Grand Rounds: Free webinar on contracts for Financial Residency listeners on 9/7/2023 at 7 pm CST
September 04, 2023 08:00 - 15 minutes - 11.4 MBJon Appino with Contract Diagnostics talks about a free educational webinar open to all Financial Residency listeners on 9/7/23 at 7 pm CST. He will talk about trends in compensation, the importance of doing a periodic check up on your existing contract to ensure you are being paid fairly and answer all questions from attendees. On today’s episode, we also talk briefly about check ups. You need them for not only your physical health, but also your financial wellbeing. Lin...
Coffee & Contacts: Credentialing Delays in Employment
September 01, 2023 08:00 - 3 minutes - 2.7 MBIn this message, Jon from Contract Diagnostics discusses the issue of credentialing delays in the employment of physicians. He mentions receiving emails from physicians who are experiencing delays in starting their jobs due to credentialing issues. Jon believes that if physicians have fulfilled all their obligations and met the initial requirements for credentialing, they should not be harmed by delays caused by their employer. He recommends including language in contracts that ensures ...
Financial Vitals: Preparing For The Inevatible Malpractice Lawsuit with Attorney Christine Zharova
August 31, 2023 08:00 - 1 hour - 45.3 MBChristine Zharova is an attorney that has defended physicians' work rights and practices for the last 15 years. Her work specializes in malpractice lawsuits, and unfortunately, she's been pretty busy lately - big malpractice lawsuits are far more common in the healthcare world than people think. Even more alarming is the percentage of chance a physician can get sued in such a case - it's usually 50%+ for both high-risk and low-risk specialties. If you're a physician curious about the l...