Medical

practice buy-in

5 Things Physicians Need To Know About Buying Into a Medical Practice or Surgery Center

5 Things Physicians Need To Know About Buying Into a Medical Practice or Surgery Center Key takeaways:  Becoming a partner is a great way to become a co-owner in an existing, thriving practice. Before signing the agreement, review the buy-in offer, know the practice value, learn the income distribution structure, understand exit plan options, and …

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medical residency costs

How to Cover Expenses During Medical Residency

How to Cover Expenses During Medical Residency Key takeaways:  Credit cards, borrowing from friends and family, moonlighting and personal loans are options to mitigate expenses during residency. All have their benefits and drawbacks. Personal loans from doctor-specific lenders can be a better alternative to expensive credit cards. Transitioning from medical school to residency can be …

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public student loan forgiveness for doctors

Pros and Cons of Public Service Loan Forgiveness for Doctors

Pros and Cons of Public Service Loan Forgiveness for Doctors Key takeaways:  PSLF offers significant financial benefits to those employed full time by non-profit and government entities. Many doctors can get a headstart on fulfilling the required 120 PSLF payments while in residency. Those who pursue PSLF may encounter limited qualified employment options. Some doctors …

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Financial Mistakes ENTs

Three Financial Mistakes ENTs Should Avoid

Three Financial Mistakes ENT Should Avoid Key takeaways:  Spend less than you earn. Pay off high interest debt before prioritizing investments. Don’t focus solely on paying off debt while ignoring other financial goals. Whether in the first year of practice or a tenured physician, otolaryngologists face unique challenges when it comes to their finances. Due …

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Insurance article cover

Four Insurance Tips Every Doctor Should Know

Four Insurance Tips Every Doctor Should Know The past couple of years have left many of us with anxiety, fear and doubt. These trying times have helped many realize the importance of being prepared for unforeseen circumstances. Insurance is one of the most concrete ways to help yourself and your family be ready, no matter …

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ROI Article cover image

Which Medical Specializations Have the Best ROI?

Which Medical Specializations Have the Best Return on Investment? As med students continue through their training, they will need to choose a specialty before applying for residencies. It’s a huge decision for a number of reasons. Not only does your specialty dictate the types of patients you’ll treat in the future, it also has a …

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student loan repayment

Will Biden Extend the Medical, Dental, and Veterinary Student Loan Payment Pause?

  What is going on with student loans for medical, dental, and veterinary school?   On March 27, 2020, the CARES Act was signed into law. The $2 trillion piece of legislation provided the first set of sweeping relief measures early in the COVID-19 pandemic. One of the hallmark pillars of the CARES Act was …

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Loan Payoff Statement

Follow This Three-Step Process to Obtain Your Loan Payoff Statement

Obtaining your loan payoff statement is a necessary step to refinance your student loans. It can be a hassle, so we’ve simplified the steps to make it as easy as possible. First, you will need to determine your current student loan servicers. Then you’ll need to understand what’s in a loan payoff statement to ensure …

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