Doctor’s Rounds™

*The views expressed by the authors below do not represent the views or opinions of MD Preferred Services.


MD Preferred referenced in Physician Relocation in PracticeLink Magazine

Tuesday, July 25, 2017

The Summer issue of PracticeLink Magazine is out and with it comes an extremely helpful article on Physician Relocation.  Contained in that article are quotes from Senior VP, Ron Davis, and references to MD Preferred Services.  

Take a few minutes and check it out!




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Using Term Insurance for Business Continuation

Monday, May 22, 2017

For any medical practitioner, having a business continuation plan can make the difference of whether your business survives the death of a key person, partner, or owner. Most small medical practices are owned by a single owner or a partnership. Regretfully, medical practitioners die unexpectedly, and for unforeseen reasons, just like anyone else so it makes excellent financial sense to provide a defined business continuation plan that includes key-person insurance to ensure the survival of the business if the worst should happen. There are various ways to accomplish this, all of which can be funded with affordable term life insurance.  READ MORE

 

Two Critical Items to Address while in Training

Wednesday, May 10, 2017

Mosaic Financial Associates
www.mosaicfa.com


We’ve had thousands of conversations over the past 20 years with clients and attendees of the many resentations hosted for residency and fellowship programs. Universally the question is asked, “What are the things I should do while in training?” Generally, resources are the primary factor in whether people are able to execute these items.  However, if someone does have the resources, they should strongly consider the following two strategies.  READ MORE

 

The Top 5 Mistakes Doctors Make

Monday, April 24, 2017

Over the past 20 years or so, we’ve observed doctors making numerous mistakes at all stages of theircareer. We have taken our observations, as well as enlightening discussions with well-established doctors, and compiled this list of critical errors. Our hope in providing this list is to continue our mission of helping doctors and their families grow their net worth tax-efficiently while minimizing exposure to litigation.  READ MORE

 

How to get more out of Public Service Loan Forgiveness

Wednesday, April 05, 2017



In our experience, few physicians understand how to take full advantage of the opportunities afforded them through PSLF (Public Service Loan Forgiveness), which could cost them upwards of $20,000-$40,000 per year depending on the amount, type of debt and personal circumstances.

On average new physician client begins medical residency with a staggering $250,000 of medical school debt (range of $0-$400,000). This is occurring during a time when how physicians are employed and the incomes they earn, are in flux2
  
The first step for a graduating student is to learn how to navigate and understand the government programs for loan forgiveness. There are several options to choose from but each requires an understanding of your distinct circumstances. It is not a simple decision as life changes.

Here are some considerations:  READ MORE

 

Role of Nurse Practitioners on the Rise

Monday, April 03, 2017

This article brought to you by NP PA Recruiters

With the growing need of health care providers, the demand for nurse practitioners is dramatically increasing.  According to the American Association of Nurse Practitioners website, there has been an increase of over 140,000 NP’s becoming licensed since 2001.  Even at this substantial number, a continual annual increase will bring that total to 222,000 by 2025!

Opportunities are definitely on the rise for any individual seeking to join the medical field.  Numbers don’t lie and NP PA Recruiters can help make sure those odds are in your favor by helping you find the perfect opportunity to get you started on your career.  READ MORE

 

Why Use a Recruiting Agency?

Wednesday, March 29, 2017

This article brought to you by NP PA Recruiters

As a healthcare employer, the recruitment and selection process in hiring and interviewing is time-consuming. With competition among today’s healthcare employers for recruiting top quality candidates being high, recruiting can become intense. By hiring a specialized recruiting agency, recruiters can take on the task of solving your organization’s staffing needs.

Along with saving a busy healthcare organization time, there are so many other benefits in choosing a great recruiting company, such as cost-effective strategies and established networks. These advantages make managing the employment process a little easier for employers looking to fill any open positions.

NP PA Recruiters has expertise in attracting top quality healthcare professionals for your healthcare clinic, private practice or hospital.  READ MORE

 

What to Consider When Hiring a NP or PA

Tuesday, March 28, 2017

This article brought to you by NP PA Recruiters

As a physician, you understand the demanding level of work entailed with running your own private practice. Days are long and stress is up! Understandably, seeing patient after patient can take a toll on your mental state and leave you feeling exhausted. You may need some extra help, but adding another physician to your practice is not necessarily the most cost effective manner to go about it.

So what are the options to help you with alleviating some of that workload?

Well for starters, hiring a Nurse Practitioner or Physician Assistant is a definitely smart choice, as they are highly educated and trained professionals who are able to handle many of the same duties as a physician. So how do you know which one is best suited for your practice?

Well, here are some things to consider when you are going through the process of finding the best fit for your needs.  READ MORE

 

A Breakdown of How Student Loans Work

Wednesday, March 15, 2017

This article originally appears here.

Federal student loans are often the first step for students looking for help paying for college.

They’re not the only type of loans for college students, but they’re the most common and are different than private student loans. Here are some of the main differences:

1.  Federal loans offer lower interest rates and have more flexible repayment terms than private student loans.

2.  Private loans usually require a credit check and collateral, while federal loans don’t. Some federal loans may only require proof of need.

3.  Interest rates are fixed on federal loans, while private loans can have variable interest rates, some greater than 18 percent.

4.  Interest paid on federal student loans may be tax deductible, but not on private loans.

5.  Many private student loans require payments while you’re in school, while repayment of federal student loans doesn’t start until you graduate, leave school or change our enrollment status to less than half-time.  READ MORE

 

Charleston, SC - Meet Medical Director and Board Certified Dermatologist, Dr. Todd Schlesinger

Tuesday, March 14, 2017

Interview sent in by MD Preferred Realtor, Josephine Traina



Dr. Todd Schlesinger wears many hats in life, husband, father, Medical Professional, Business Owner and Medical Director. Through continuous creative activity and the joy of achievement as a medical professional, he has spread happiness to his staff and his clients. He has turned his passion into a great business by living his passion and creating great value for others. Dr. Schlesinger exemplifies what it takes to make a business great....heart and dedication and an unwavering commitment to do more for others than anyone else. His goal of "showing up" and staying authentic means staying true to who you are, what you do and who you serve. In an environment in which more human elements matter it creates value and benefits for all. I have watched first hand how he has influenced his staff around a compelling vision of the future, by inspiring them, showing them what’s possible and motivating them to make those possibilities real. His energy and focus help his team fulfill their dreams gives them a sense of purpose and leaves them with a profound sense of accomplishment when the work is done. Dr. Schlessinger believes that the dermatology practice is a noble profession that includes a broad range of surgical procedures; it allows me to see patients of, from babies to geriatrics; and I have the opportunity to make a positive difference in people's lives. He is living his true passion….. Love: do what you love to do, and love your staff, and your clients.  Continue Reading on Parkbench - Charleston

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