How To Avoid Being Rug Pulled By Private Equity
InvestingDoc
by admin
2w ago
The term rug pull became popular again with crypto. It is a phrase that describes when the owners of shares suddenly sell a majority stake. They do so without the other individuals knowledge who are invested in that asset. This has been happening more often than you might think in medicine with groups selling to PE (Private Equity). How are doctors being rug pulled by PE right now?… Read the rest The post How To Avoid Being Rug Pulled By Private Equity appeared first on InvestingDoc ..read more
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End Of Year Checklist For Medical Practice Owners
InvestingDoc
by admin
1M ago
Another year has come and gone. It’s time to celebrate the accomplishments of the past year and look at ways to improve the upcoming year. However, throughout all the holiday parties, you need to make time to complete the checklist that I do every end of year for my medical practice. The checklist helps me ensure that I keep an eye over the business large picture.… Read the rest The post End Of Year Checklist For Medical Practice Owners appeared first on InvestingDoc ..read more
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The Federal Student Loan Relief Program Is Live
InvestingDoc
by admin
4M ago
The Department of Education on 10/17/2022 launched the application for the federal student loan forgiveness program. Borrowers who qualify may see relief in as soon as 6 weeks. While most attendings that have been practicing a while will not qualify, this will be important for residents, fellows, and APPs. What is Federal Student Loan Debt Relief? A program that provides eligible borrowers with full or partial discharge of federal loans up to $20,000 to Federal Pell Grant recipients and up to $10,000 to non-Pell Grant recipients What Does It Take To Qualify For Federal Student Loan Relief ..read more
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Why I Have Not Sold To Private Equity
InvestingDoc
by admin
4M ago
This is one of the most frequent emails that I get from my readers. Why have I not sold a portion of my practice to private equity? You might be thinking about having private equity buying a portion of your practice. Or you might be starting scratch with a private equity group. I’ll go through my opinions on the pros and cons behind private equity.… Read the rest The post Why I Have Not Sold To Private Equity appeared first on InvestingDoc ..read more
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RVU Based Contracts And What To Avoid
InvestingDoc
by admin
4M ago
Flat salary compensation models are becoming less common. Instead, production models have become much more popular. These contracts are often called an RVU based contract. Today’s post I will go through RVU based contracts and what you need to know to avoid in these contracts. RVU When you submit a bill to insurance companies, they assign a value to each code.… Read the rest The post RVU Based Contracts And What To Avoid appeared first on InvestingDoc ..read more
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The Day That Made Me Want To Quit Medicine
InvestingDoc
by admin
4M ago
I wrote this post the morning after the event that took place on 10/29/2022. Yesterday, my daughter was sent home from daycare with complaints of “she won’t stop crying and screaming of belly pain.” Today’s post will be a deviation from the usual post, and I will walk though some of the events and why I’m looking at how I practice medicine with a new viewpoint.… Read the rest The post The Day That Made Me Want To Quit Medicine appeared first on InvestingDoc ..read more
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Learning How to Code As A Doctor To Maximize Income
InvestingDoc
by admin
4M ago
Learning another language is something that I’ve always wanted to do. I never thought it would be learning to code as a doctor as my second language. What does this have to do with coding for doctors and why is it on my blog? Well, I have been learning python. However, you don’t need to learn python to maximize your income.… Read the rest The post Learning How to Code As A Doctor To Maximize Income appeared first on InvestingDoc ..read more
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Owning A Medical Practice. Year 3.5 Update
InvestingDoc
by admin
5M ago
Here we go! A raw update at my private practice. It has been some wild ups and downs. I can’t believe that this February 2023 will be four years of my office being open full time. Time is flying by. I have been doing these updates on student doctor network for a few years now. For those who might be new to my journey.… Read the rest The post Owning A Medical Practice. Year 3.5 Update appeared first on InvestingDoc ..read more
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Quiet Quitting And Time Theft Issues With Employees
InvestingDoc
by admin
5M ago
I really love all my employees. However, sometimes employees will try to take a mile if you give them an inch. Running a business is hard, and with the rise of quiet quitting, I figured it might be important to talk about ways that employees may try to take advantage of you or your business. Some of these issues might seem harmless.… Read the rest The post Quiet Quitting And Time Theft Issues With Employees appeared first on InvestingDoc ..read more
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Why The Rate Negotiation Process With Insurance Companies Is Broken
InvestingDoc
by admin
5M ago
With inflation reaching record levels, many medical practices are going through the rate negotiation process with insurance companies trying to get better pay. If you have never done this before, that’s okay. I was new to it also until a few years ago. Let me tell you the theme of dealing with commercial insurance companies for rate negotiations. Intentionally difficult and broken.… Read the rest The post Why The Rate Negotiation Process With Insurance Companies Is Broken appeared first on InvestingDoc ..read more
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