At age 18, my buddy David and I scaled the outside stucco of a hotel in Cancun, Mexico, and soon found ourselves ten stories up, lying on our backs on the hotel roof, looking at the night sky. It was a terribly stupid idea—one of many we had back in those days. But once we were up there, David taught me the major stars and constellations of the summer sky: …
In the realm of real estate investing, multifamily syndication has garnered significant attention as a lucrative and rewarding investment strategy, particularly among physicians and other high-income earners. Primarily, its appeal lies in its ability to offer attractive returns while simultaneously generating passive income and long-term wealth-building opportunities.
Given the unique characteristics and benefits of multifamily syndications, it has rapidly become a popular investment vehicle among investors looking to diversify their income …
My alarm goes off at 3:30 a.m. for some early charting. I love these pre-work hours, even though it’s my own unpaid time. I went into debt for hundreds of thousands of dollars to have the need for sleep trained out of me. A neat side effect of this is that it also wiped away my will to resist inane admin tasks.
While I’m pre-charting, my family wakes up, or at …
Do you know what one thing is common among all of us, regardless of our wealth or age?
Time.
Every human being in this world has 1,440 minutes every day. However, while we all have the same amount of time, some people are more productive than others. Time management is a skill that doesn’t come naturally and requires effort and planning. Below is a list of seven important strategies that will help …
Michael Jordan, an iconic figure in basketball, is revered not only for his athletic prowess but also for his relentless dedication, perseverance, and strong work ethic. His career is filled with great lessons that apply universally, transcending the boundaries of sports. They are particularly relevant to health care professionals and entrepreneurs, two roles requiring a similar level of dedication, resilience, and a ceaseless hunger for growth and achievement.
Firstly, Michael Jordan …
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In this special sponsored episode, we …
At least one commentator has opined that “physicians aren’t burned out. They’re abused.” That is an extremely accurate diagnosis. No matter how many mandatory meditation sessions physicians are required to attend during their lunch hours, they remain overworked, overstressed, and unhappy with their careers.
Although there is no easy fix, there are issues that can be addressed in the physician employment agreement that can ameliorate the horrible working conditions foisted …
When I took my first job out of fellowship, I had two kids, both in diapers. Between that and starting my first job out of training, it seemed I had no idle time at all. I distinctly recall deciding: I was here to work, not to make friends. (To my work friends: Thank you for being my friend despite my attitude!)
We didn’t decide to make friends in training — it …
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In this episode, our guest Amanda Hill, a health care attorney, shares insights on navigating career transitions in the medical profession. Whether you’re burned out, seeking new challenges, or dealing with personal or health issues, leaving …
There was a time when one doctor worked one job in one geographic location where he/she was altruistically dedicated to serving a population in the practice of medicine.
For years this idea of working one job in one location was anchored within the private practice model which then gave way to the traditional employment model. The latter offered a parallel promise of a stable and long-term medical practice in one location—with …
Physicians today are being flooded with information about finding the best ways to increase their practice incomes. Secondary employment may be appropriate for desperate physicians in financial distress, but the usual short-term nature of such employment is shrouded with low income, covering unexpected hours outside agreements, weekends working, management issues, and being labeled as the “fill-in” doctor.
I say that because I worked at the local Planned Parenthood clinic for a …
“Money makes the world go ’round.”
Whether you believe this this figurative adage or not, it is a hard truth. Money is ubiquitous; it pervades everyday life. And money is the cornerstone of business. So I’m shocked to hear “pretty much nothing” when I ask residents what they’re taught about business and money these days.
Not to insult anyone’s intelligence, but I’ll venture an assumption. If you are a medical student, resident, …
One of the more-anticipated movie releases in my household this spring was Air, which tells the story of Nike’s now-famous partnership with Michael Jordan. Their landmark shoe deal redefined what it meant to be a professional athlete: players evolved beyond serving as brand ambassadors to become brands unto themselves.
Jordan’s partnership with Nike marked a true industry paradigm shift. I can’t help but feel that health care is also at an …
One thing that has changed in medicine over my career is the emphasis on patient reviews. As time has passed, more of what we do as physicians has been attached to various metrics, and our identities and success or lack thereof have been defined by these metrics. A huge part of these metrics is patient reviews. In speaking with many of my fellow physicians and seeing numerous comments on physician …
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Join us as we chat with Stephanie Pearson, a board-certified obstetrician-gynecologist and the CEO of PearsonRavitz, an insurance advisory firm. Stephanie shares her personal journey of resilience and reinvention after a career-ending injury, and how she found …
The conversation of physician wellness includes self-care and self-care practices.
As a practicing physician, I adopted many self-care practices as the vehicle to restore peace and connect to the flow of life.
One practice has taken center stage for me, creating the pattern interrupt needed to get back in the flow of life when faced with stress and overwhelm.
My morning routine, whether I am waking up at home or in the hospital …
You have had a long, fulfilling career. Or maybe you’re in the middle of practice, realizing you’re burned out and tired, and wanting to do something else. Maybe the practice you joined no longer fuels you, or you realize you’re working too hard. It could even be a family or health issue that forces you to look elsewhere. Or you think, “How can I transition from a practicing doctor to …
An excerpt from Confessions of a Surgeon: A Deeper Cut.
He screwed us over. I slowly sank deeper into my chair, attempting to digest the letter my group had received from the local hospital CEO. “Thank you for your group’s interest in our hospital. I appreciate your long-standing dedication to the …
The most efficient method to increase patient flow and income in private medical practice is through handling physician referrals. Has anyone told you how to do that? I thought it would be a kind gesture for me to offer my version of how to make the strategy perform miracles for your practice.
So, what’s so hot about referrals? You get them occasionally without doing anything to attract them. What you may …
Nowadays, it’s clear that physician burnout is real. We know the statistics.
The American Medical Association reports that physician burnout – defined as a long-term stress reaction involving emotional exhaustion, lack of empathy toward patients, and a feeling of lower personal achievement – nearly doubled from 2020 to 2021.
Becker’s also reports that the primary care specialties – internal medicine, pediatrics, and family medicine – are among the top 5 …
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