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Archive for the 'Physicians Corner' Category

Money & Medicine: The PBS Documentary

Thursday, September 27th, 2012, by

Perhaps you were lucky enough to catch this unique one hour documentary on your local PBS channel this past Tuesday evening…if not, watch for the inevitable re-broadcast. It’s not often that a one hour show can produce such clarity on a subject as complex as our convoluted health care system.  Most impressively, the dispassionate tone […]

The ethics of the ethical pharmaceutical industry

Wednesday, June 20th, 2012, by

It’s a term we’ve often heard before…ethical pharmaceuticals or drugs. Simply defined, that would refer to a drug or prescription that is available only with written instructions from a doctor, dentist, physician’s assistant or nurse practitioner and fulfilled from a licensed pharmacy. I’d call that a very clever bit of marketing…attaching the word ethics to […]

The Best Asset Class is Hiding in Plain Sight

Wednesday, June 13th, 2012, by

Here’s something that comes up with every one of my medical professional clients that I work with in both my wealth management practice and my health care franchising business… …striking the right balance in putting together a mix of distinct asset classes when constructing their investment portfolio. Of course, all the usual suspects are included. […]

Concierge Medicine…is it Worth the Extra Cost?

Tuesday, March 27th, 2012, by

For most of the past three years, the national health care debate has focused on how best to expand coverage, with an emphasis on insuring the uninsured.  The mechanism that is now part of the new law…subject to the current review by the Supreme Court…will be a combination of the individual mandate to purchase health […]

Multiple Streams of Income: The Ultimate Hedge

Friday, March 23rd, 2012, by

Perhaps it has happened to you too.  That vague sense that you may have reached the point of diminishing returns on your primary source of income.  Maybe you’ve put all your eggs in one basket and find that no matter how closely you watch the basket, the rewards are no longer equal to the time […]

Shrinking Incomes for Primary Health Care Professionals

Wednesday, March 21st, 2012, by

For primary health care providers,   it is the best of times…and the worst of times. Technology now makes it possible for family physicians to gather patient profiles together in a manner that simply was not possible in prior years.  Having all this data on hand helps to fulfill the long desired goal of upgrading the […]

Two Low Cost Approaches For Preventive Health Care

Tuesday, February 28th, 2012, by

What with all the relentless headlines about runaway health care spending, it’s a pleasant surprise to learn that there are two remedies at hand that are shockingly inexpensive and powerfully associated with preventive health care. Well, three actually…I’ll get to the third one later on. The first is aspirin…truly a miracle drug.  Of course, like […]

How Medical Professionals can Improve their Reimbursements

Tuesday, February 14th, 2012, by

  In my wealth management practice, I’ve focused on a narrow niche.  All of my clients are either medical or dental professionals.  This was not part of some grand design on my part, but simply the way my practice evolved over time.  I learned early on that I was not cut out to work in […]