HCPLive Network
  • The Best and Worst Countries to Grow Old
  • The PMD Critical List: Drowning in Paperwork
  • Saving Money on Investment Advice: Robo-Advisors
  • 10 Most Obese States
  • Medical School Enrollment Hits All-Time High
PERSONAL FINANCE
Any businessperson knows taxes can make a significant difference to their company’s bottom line. And while recent tax inversions by multinational corporations have highlighted the effects of federal tax policy, local and states taxes can also play a major role determining whether a business thrives, fails, or even relocates.
The answer is, it depends. It’s dependent on your personal financial situation and where you are in your career. The loan that is right for you is the cheapest cost option that will accommodate your specific current situation.
Paying for your purchases has become a multiple-choice activity in recent years, but one of the newest ways to pay wont’ be available at a number of high-profile retailers.
INVESTING
There have been quite a few hot IPOs this year. Alibaba and GoPro to name just a couple. But the real money was made before these companies even went public.
It is an iron law of markets that when a consensus grows strong enough, there are great profits to be made from betting against it. The overwhelming consensus of the past 6 years, which has strengthened in the past few months, is that the US will be fine, while Europe will not.
When things get bad, people - even experts - make definitive statements based on fear. When the market has been strong for a while, the same thing happens, but then it's based on greed and the feeling that stocks will never go down again.
RETIREMENT/PLANNING
People in every country look forward to a time when they can retire from work and enjoy their “golden years.” But the feasibility of that plan – and the quality of life they achieve thereafter – can vary significantly from country to country.
A new study by Wells Fargo shows more than one-third (34%) of middle-class Americans aren’t saving for retirement at all. Here are 5 tips for those who need to get started.
Most Social Security beneficiaries (58 million) will receive the benefit increase in January. The 8 million Supplemental Security Income recipients will see increased payments as of Dec. 31.
PRACTICE MANAGEMENT
Medicare physician quality reporting programs pose significant challenges to medical practices and don’t bring any obvious benefits, so say a majority of medical practice managers in a new survey.
Medical school enrollment in the US has hit an all-time high, according to data from the Association of American Medical Colleges. The data also show medical schools continue to become more diverse.
Every Practice has patients who do not show up for their scheduled appointments. Do you know what your no-show rate is and why patients miss their appointment? Any idea how much revenue your practice loses annually due to no-shows?
LIFESTYLE
Reversing this tide of antipathy towards Congress will take more than a new election (or 2) or social media posts.
Cadillac is a working town of about 2,500 people. It has no real tourist traps. It is what it is – to us, an authentic, delightful, almost innocent town.
This week's list of must-read stories includes a look at the high cost of paperwork -- even in the digital age -- and a US senator's last look at what he sees as government waste.
Email Signup
COLUMNS
Jeff Brown, MD
Jeff Brown, MD, is a Board Certified Family Practitioner, currently specializing in geriatrics as a Medical Director, and is also a consultant for the California Medical Board .
Shirley Mueller, MD
Shirley Mueller, MD is a physician turned financial consultant and investment educator who specializes in guiding clients, both one-on-one and in groups, about how to effectively self-invest using a simple and effective three-step approach
Greg Kelly
Greg Kelly, the son and grandson of medical doctors, writes on the financial knowledge he's gleaned from physicians in his personal life and from while he was the editor of Physician's Money Digest from 1994-2005.
LATEST PMD ARTICLES
Any businessperson knows taxes can make a significant difference to their company’s bottom line. And while recent tax inversions by multinational corporations have highlighted the effects of federal tax policy, local and states taxes can also play a major role determining whether a business thrives, fails, or even relocates.
Medicare physician quality reporting programs pose significant challenges to medical practices and don’t bring any obvious benefits, so say a majority of medical practice managers in a new survey.
The term “venture capitalist” has been bannered across all media for years now, but most folks outside that cloistered sub-culture here in Silicon Valley know little about it.
There have been quite a few hot IPOs this year. Alibaba and GoPro to name just a couple. But the real money was made before these companies even went public.
Medical school enrollment in the US has hit an all-time high, according to data from the Association of American Medical Colleges. The data also show medical schools continue to become more diverse.
The answer is, it depends. It’s dependent on your personal financial situation and where you are in your career. The loan that is right for you is the cheapest cost option that will accommodate your specific current situation.
Reversing this tide of antipathy towards Congress will take more than a new election (or 2) or social media posts.
As the name suggests, Robo-advisors are not going to provide warm and fuzzy service like the human advisors to which investors are accustomed. But, Robos are less expensive, which brings up this question, “Can investors give up the good feelings a mortal imparts in exchange for paying less?”
Paying for your purchases has become a multiple-choice activity in recent years, but one of the newest ways to pay wont’ be available at a number of high-profile retailers.
People in every country look forward to a time when they can retire from work and enjoy their “golden years.” But the feasibility of that plan – and the quality of life they achieve thereafter – can vary significantly from country to country.
PMD Poll
Money Arguments
Have you ever argued with someone about money?
Student Loans
Do you have any regrets about how you financed your/your child's college education?
Specialty
What is your specialty?
Money
Do money discussions make you uncomfortable?
Scam
Have you ever fallen victim to a financial scam?
Social Media
Do you use social media to interact with patients/clients/consumers?
Retirement Savings
What’s your biggest retirement financial concern?
Finance Crisis
It has been five years since the financial crisis. Do you feel more or less financially prepared as a result of the crisis?
Burnout
Are you feeling burned out?
Real Estate
Would you invest in real estate right now?
Job Satisfaction
What do you consider to be the largest factor for your job satisfaction?
Turnover
Have you noticed an increase in physician turnover where you work?
Intervention
Should our political leaders intervene in citizens' health with things like soda taxes?
Audit
Have you ever been audited?
EHR/EMR
How satisfied are you with your EMR/EHR?
Malpractice
Have you been involved in medical malpractice litigation?
Sequestration
Sequestration took effect on Friday; were you surprised Congress wasn't able to make another last-minute deal?
Tax Cheating
Is it acceptable to cheat on your taxes?
EHR Productivity
How long after launching an EHR did it take for your practice to return to full productivity?
Networking
Are you comfortable networking and promoting yourself?
Sequestration
Do you think Congress will prevent the across-the-board budget cuts when it's back in session?
Emergency funds
Do you have sufficient emergency funds?
Tax Refund 2013
Will you be receiving a tax refund this year?
Sunshine Act
How well do you know and understand the Sunshine Act?
Money and Relationships
Do you and your significant other discuss finances often?
Stocks
U.S. stocks recently passed five-year highs; what are your expectations for the rest of 2013?
Diagnosis
Have you had any experience with overdiagnosis or misdiagnosis?
Back Taxes
Do you have any back taxes to file?
Online Reviews
Do you check online physician reviews from patients?
ACO
What has been your experience with Accountable Care Organizations?
Tax Prep
Have you started thinking about your taxes?
Resolutions
Did you make any New Year's resolutions?
Fiscal Cliff Legislation
Are you happy with the legislation Congress passed to avert the fiscal cliff?
2012 recap
Was 2012 a good year for you financially?
Markets 2013
What are your expectations for the stock market in 2013?
Investing
Would you ever in invest in penny stocks?
Marketing
Do you blog as part of your marketing plan?
Medicare/Medicaid
Will you still accept Medicare and Medicaid patients in 2013?
Work-Life
How well are you managing work-life balance?
Retiring
Are you considering retiring abroad?
Fiscal Cliff Coverage
How closely are you following the fiscal cliff story?
E-Prescribing
How often do you e-prescribe?
End of Year 2012
Have you made all your tax-planning and investment moves for the end of 2012 yet?
Holiday Shopping 2012
Do you go shopping on Black Friday or Cyber Monday for holiday gifts?
SGR 2013
What's the fate of the expected 27% Medicare reimbursement cut?
Fiscal Cliff
Do you think Congress will avert the fiscal cliff by the end of 2012?
Stocks React to Election
How will the stock market react in the week following the election?
Election 2012
Is your mind already made up about the presidential election?
Tax Climate
How is the business tax climate where you live?
Presidential Debate 2012
How do you think President Obama’s poor debate performance will affect the election?
Abbott Laboratories
Should Abbott's Richard Gonzalez get a free pass on the lie about his college degrees considering his 30-plus years of work experience at Abbott?
Retirement Savings
How confident are you that you're currently saving enough to live comfortably during retirement?
QE3
Are you happy with the Fed's third round of quantitative easing?
Stocks and Election
The conventions are over and we're into election season. How do you think the stock market will behave until Nov. 7?
Costs
Have you seen cost of services go up as independent practices are acquired by hospitals and hospital systems?
Mobile EHR
Would you like to be able to access an EHR from your mobile device?