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Be frugal: The key to physician financial fitness

Sidney Christiansen, MD
Physician
October 4, 2016

Becoming a physician requires a great amount of financial patience. Living on the meager remains of your student loans for four years and then transitioning into a position where the pay is not commensurate with your debt obligations can be challenging. Especially when your student loan debt is growing exponentially throughout your schooling and then growing with interest throughout your graduate training. After this kind of sacrifice, it can be …

Read more…

Be frugal: The key to physician financial fitness

Take the time to understand the business of medicine

Sidney Christiansen, MD
Physician
January 26, 2014

A Catholic nun, who was the administrator of a small hospital once summed up for me the role business plays in patient care: “No money, no mission.”

In order for a practice to be successful, it must be run with healthy business principles in place. But the truth is that few physicians have any training in or knowledge about the business aspects of running a practice. A satisfying and successful career …

Read more…

Take the time to understand the business of medicine

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  • Most Popular

  • Past Week

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