Types Of Investors: Why Being Overconfident Can Cause More Losses

Types Of Investors — Why Being Overconfident Can Cause More Losses

Types Of Investors: Why Being Overconfident Can Cause More Losses Article written by Alicia DonovanFor the exclusive use of physiciansthrive.com There are all different types of investors in the world. Some are strategic and ambitious, seeking avenues to maximize income from the markets in a short time. Others are cautious and risk-averse and adopt a […]

Why Doctors Should Consider Real Estate Investing

Why doctors should consider real estate investing

According to the Bureau of Labor Statistics, physicians in the U.S. earn an average of $208,000 per year. And while this is significantly higher than most people in other professions, a $208k salary alone won’t necessarily make you “rich.” If you want to build wealth on a physician’s salary, you’ll need to know where and […]

Medical Malpractice Payouts: What to Expect

Medical malpractice settlements, verdicts, and payouts

From analyzing test results to prescribing medications to performing delicate surgical procedures, physicians in all capacities do life-saving work. But practicing medicine doesn’t always go according to plan. And when it goes awry, there’s one thing you can count on: A malpractice allegation. Physicians across all specialties are subject to malpractice claims and lawsuits. In […]

Partner Spotlight: Specialdocs Consultants

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Partner Spotlight: Specialdocs Consultants For nearly two decades, these concierge medicine experts have been helping physicians smoothly transition to a membership model. In a 2020 Medscape study of physician burnout, doctors across the nation cited the top causes of job dissatisfaction. The single biggest concern among physicians was too much time spent on bureaucratic tasks, […]

How Much Does Malpractice Insurance Cost?

How Much Malpractice Insurance Costs

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 […]

Disability Insurance Elimination Period

Disability insurance elimination period

Disability insurance is a safety net that all men and women can benefit from, regardless of the job they do. But for physicians that earn a high annual salary, it’s crucial. Like all insurance policies, disability insurance policies can be complex and difficult to grasp. There are many components and stipulations you need to be […]

How to Get a Higher Internal Medicine Salary

Get a Higher Internal Medicine Salary

Internal medicine physicians may be considered the generalists of medicine, but they are anything but. Also known as internists, they have a broad range of knowledge and specialties. Their extensive medical knowledge often makes them sought out by their peers for answers to puzzling healthcare problems. David Gremillion, MD, FACP, a Special Advisor to the […]

How Much Disability Insurance Do Physicians Need?

How much disability insurance do physicians need?

Malpractice insurance, auto insurance, health insurance, business insurance, homeowner’s insurance: physicians are required by law to carry various insurance policies. Many other important insurance policies are completely optional. And one of those optional insurance policies is disability insurance. Yet as a physician, you shouldn’t think of disability insurance as an option at all, and that’s […]