Healthcare professionals often experience long hours and high levels of stress at their jobs, which is understandably difficult in any marriage or romantic relationship. When this stress bleeds into non-work life, it can cause strain within the couple and children (if...
Fat FIRE refers to a popular financial goal management strategy and lifestyle movement known as FIRE. As the name suggests, FIRE or Financial Independence Retire Early is a modern lifestyle hack that is championed to provide a secure and stable early retirement based...
“What gets measured, gets managed” Creating a financially secure future may appear challenging but the first step is to learn where you are now and where you want to be. This is not as easy as it sounds since it forces you to question your decisions be it personal,...
Medical board complaint refers to the process of registering a complaint against any medical practitioner. A patient can complain to the respective state medical council or boards for unprofessional conduct and inadequate care by a physician or healthcare provider. If the patient is covered by medicare, they can file a complaint directly to medicare.
In the United States, there is a significant difference in income between doctors and non-doctors. In fact, according to one study, the average physician makes $242,000 while the average American earns just over $48,000. When both spouses are physicians, this income gap continues to exist, but it may not be as significant. However, when only one spouse is a physician (and often they’re female), there is often an economic disparity that can potentially lead to marital stress and divorce.
Your medical practice is an important part of your life. It’s where you spend most of your waking hours, and it’s the place where you feel like you are making a difference in someone else’s life. But if no one can find your website, then all of this work may go to waste!
The good news is that there’s never been a better or easier time to switch careers to non-clinical. It’s a great time to get ahead and consider other options, or even combine clinical work with another career that is more in demand today. Switching is easier than you might think so don’t hesitate!
Healthcare professionals often find themselves wondering what steps to take to advance their careers and get promotions. Let’s look at the different types of job promotions and career advancements in healthcare and how you may reach your goals.
Doctorpreneurs are doctors who have turned their talents into entrepreneurship. With a medical degree, a doctor is best suited to run an entrepreneurial venture, especially one that deals with the health industry.
Physicians have a lot of opportunities to make money outside of the clinic. However, many physicians don’t know how to find these opportunities or even if they exist in the first place. That said, it does always come down to investing additional time or money.
For instance, some contracts forbid employees from practicing within the same geographic location, specialization, or through locum tenens and telemedicine. The feasibility depends on the parameters of the training program.
A 1031 exchange refers to Section 1031 of the U.S. Internal Revenue Code. A 1031 exchange allows real estate owners or investors to sell a property and then reinvest within a specific time limit to defer or dodge capital gains taxes.
Enhancing employee engagement has become one of the top business strategies since it directly impacts a company’s financial health and profitability. Despite positive data that the employees are committed to their work and their team’s goals and enthusiastic about their organization, most employees are disengaged at work.
A business owner’s policy is a packaged policy that offers the most protection and covers all the basics for a small business. It generally covers professional liability, business interruption, property, vehicle, and crime insurance. You may customize the policy based on your side gig needs and get a separate and more comprehensive policy.
A doctor is not obligated to provide treatment to every patient they come across. While it is their right, once they decide to provide care to a patient, they cannot stop treatment abruptly. There is a need to follow a code of ethics that states that a doctor and other healthcare providers need to provide sufficient time for the patient to find a new physician before the care ends.
According to Lewis Thomas, “Doctors, once dressed up in one professional costume or another, have been in busy practice since the earliest records of every culture on the earth. It is hard to think of a more dependable or enduring occupation, harder still to imagine any future events leading to its extinction.”
Doctors also referred to as physicians, are the healthcare providers who diagnose and treat patients. That’s the easiest definition for defining the doctor’s responsibility. They are the most hard-working professional whose main job is to look after people who require care and treatment, which involves great humility with even more risks.
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