5 Personal Finance Tips for Doctors

When you have a healthy six- or seven-figure income, it’s easy to feel like you have all of your money challenges figured out. But in many ways, more money means more problems. And if you don’t get the basics right, you will fail. Yes, even as a doctor.

Growing personal finance

Here are some simple yet powerful personal finance tips curated with you in mind:

1. Build an Emergency Fund

The very first step to financial stability is to establish an emergency fund. This emergency fund should include enough cash to survive without an income for roughly six months. In other words, if your monthly expenses are $10,000, you need at least $60,000 set aside in a cash savings account that’s separate from your spending account.…

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Doctor’s Orders: How to Manage Better Appointments?

Without a doubt, you want your patients to have better appointments. We all want our patients to get the best out of their time with us. But what can we do to make sure that all patients get the best appointments? This article explores this matter so you can start helping your patients even more.

Doctor handling appointments

Consider Asking Your Patients to Schedule Their Appointments

More and more people can now schedule their own appointments. They can do this online via your website and choose the appointment that is right for them. The more choice your patients have, the happier they will be.…

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Business Tips for Doctors in Private Practice

Of all the complaints coming from med students just finishing up their degrees and getting ready to make their mark on the world of medicine, the one thing you hear over and over again is the fact that they learned little or nothing about medicine as a business. In fact, medicine is one of the leading industries in this country as well as in most other developed nations and that’s why it is imperative to teach our doctors how to run a business efficiently so as to realize a bigger profit without draining patients (and insurance providers) of their last proverbial penny.…

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