Finance

Financial Literacy and Its Role in Maintaining a Physician’s Desired Lifestyle

Sep 16, 2021

With COVID-19’s appearance, healthcare’s financial footing has been losing grip, frequently...

How Medical Practices Can Optimize Their Revenue Cycle Management

Sep 9, 2021

Although medical practices have universally seen a drop in patient volume due to the COVID-19...

Medicaid Claims Denials Lead to Dropping Physician Participation

Sep 3, 2021

According to a July 2021 study published by the University of Chicago’s Becker Friedman Institute for Economics, “A Denial a Day Keeps the Doctor Away,” both the costs for collecting claims and the rates of claim denial are...

Financial Tips for Physicians Starting Their Careers

Aug 31, 2021

Completing your residency is a monumental accomplishment for aspiring physicians. After years of...

Top Financial Apps for Physicians

Aug 25, 2021

For those family physicians who have a solo practice, managing finances can feel like a chore – a chore that goes undone for months. If you are not paying attention to where your money is going and how much, you could be in big...

Benefits of Locum Tenens When You Have A Full-Time Job

Aug 25, 2021

There’s a misconception that locum tenens doctors are constantly traveling across the country, working shifts at various hospitals and clinics, and never putting down roots. While some physicians choose to move around...

Remote Patient Monitoring Incentives from CMS

Aug 24, 2021

Recently, CMS ramped up incentives for remote patient monitoring (RPM) initiatives with the goal of lowering costs of chronic conditions, which currently account for 75% of healthcare costs. Remote patient monitoring is the use...

Investing in a Medically Associated Business

Aug 23, 2021

In addition to their practice, many doctors own a separate, but somewhat associated, business. Some examples of business opportunities for doctors include: Dialysis centers (nephrologists) Outpatient surgical centers (surgeons...