Archives

The Pros and Cons of Physician Locum Tenens

Physicians work in a variety of different capacities. Some are employees of hospitals or health groups. Some operate their own private practices. Some work in other physician’s practices or small medical centers. And some work locum tenens. According to a recent study, nearly 50,000 physicians did locum tenens work in 2017. In fact, 94% of ... Read More
 

The Definitive Guide to wRVU Physician Compensation

  As a physician, the compensation you earn is based on various factors. Your employer will specify your compensation methods in your physician contract. Before you sign that contract, it’s essential to understand all of the terms. The best way to do this is to have a contract review specialist review the details for you. ... Read More
 

5 Tax Planning Strategies for Physicians (2020 Edition)

Compared to professionals in other industries, physicians rank among some of the highest-paid individuals in the United States. And, as all American workers know, the more you earn, the more you pay in income taxes. The 2020 tax season is quickly approaching. If you haven’t already started planning how you’re going to file your fiscal ... Read More
 

Types of Disability Insurance for Physicians: Your Full Breakdown

Disability insurance is protection. Protection of your finances. Protection for your family. Protection for your future. It’s as important as having health or life insurance, yet not everyone has a policy. For physicians earning a high annual salary, it’s even more crucial. A physical disability or a serious illness can prevent you from working for ... Read More
 

What is a Residual Disability Insurance Rider?

Physician’s insurance can be a complicated business. Just when you think you understand what disability insurance is all about, you learn that’s there’s yet another curveball: optional riders. While most policies may seem straightforward, there are almost always optional add-ons that can provide you with even more benefits. Today we’re focusing on disability insurance and ... Read More
 

How Much Does Malpractice Insurance Cost?

Regardless of your area of medicine, one thing all physicians worry about is the possibility of a malpractice suit. It’s bad enough when mistakes happen and things go wrong with a patient in your care. Being slapped with a malpractice lawsuit can make the experience even more devastating. And that’s why malpractice insurance coverage is ... Read More
 

How Much Does Disability Insurance Cost?

Everyone understands the importance of having health insurance and life insurance. But as a physician earning a sizable yearly salary, there’s one other type of insurance policy you need: disability insurance. If you become ill or disabled and can’t do your job, disability insurance is one of the best ways to protect your assets and ... Read More