Everything You Need to Know About Medical Peer Reviews

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As a physician, you’ll have to undergo years of medical school and residency, the time-consuming processes of credentialing and privileging and, sometimes, the stressful process of a medical peer review.

Most physicians are highly adept at navigating the many administrative, bureaucratic, and legal regulations that come with the job.

Yet, for many physicians, the peer review process is an especially challenging one.

If you’re the subject of a medical peer review or want to arm yourself with information in case one arises later in your career, keep reading.

Here’s everything you need to know about medical peer reviews.

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Steps to Get Licensed With the Arizona Medical Board

Steps-to-Get-Licensed-with-the-Arizona-Medical-Board

Congratulations on graduating from medical school and finally completing your postgraduate training. You’re well on your way to becoming a licensed doctor with the Arizona Medical Board. If the process plays out smoothly, you should have your medical license in-hand within a few months! Before that, though, you must undergo the lengthy application process to … Read more

What to Do When Your Physician Disability Insurance Benefit Period Ends

Disability Insurance

When you purchase a disability insurance policy, one of the decisions that you’ll need to make is how long you want your disability insurance benefit period to last. Your choice can significantly affect your insurance premium payment amount. However, it can also determine how protected you will be in the case of an unexpected tragedy.

One in four of today’s 20-year-olds will have faced a disability of some kind before they retire. With those odds, it’s hazardous to lack financial protection against disability. Especially as a high-income earning physician.

To better understand the consequences, this article will break down the ins and outs of short and long-term disability benefit periods. And help you to take some decisive action now to protect your finances in the future.

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A Physician’s Guide to Protection from Medical Liabilities

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You joined the ranks of healthcare professionals to improve the lives of your patients. You would never do anything to put their health at risk. Unfortunately, there are times when your patients don’t agree.

As a physician, you are at risk of malpractice suits from the moment you enter the health care system.

These claims can come when you least expect them, and at the times you are the least prepared. Doctors must do their utmost to protect themselves from medical liabilities, or they risk not only their financial future but also their professional lives.

Protecting yourself from a malpractice lawsuit involves careful attention to your medical practice.

According to Rosenbaum and Associates, physicians have the highest medical malpractice claims, with over 85,000 reports between 2009-2018 (in the United States). The New England Journal of Medicine also claims that 99 out of 100 physicians will face a malpractice lawsuit by the age of 65.

Considering these staggering numbers, you don’t want to leave yourself vulnerable for what seems inevitable. If you work as a medical professional for any amount of time, it isn’t if you will face a medical negligence claim, but when.

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Physician Work-Life Balance: A How-To Guide for New Doctors

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Today’s generation of young professionals are increasingly interested in the idea of “work-life balance.” They care about their careers, but they also care about how their jobs affect quality-of-life outside of the workplace.  For young physicians who are emotionally and financially invested in their first jobs, finding a work-life balance can be especially challenging. Fortunately, … Read more

What You Need to Know About the Cost of Disability Insurance

disability insurance protects your lifestyle

While disability insurance can seem like a daunting purchase for young doctors, it provides indispensable financial protection. There are an enormous variety of factors that determine the cost of a physician disability insurance: medical history, age, specialty, benefit level, insurance company—the list goes on. Because of all these variables, it can be difficult to boil … Read more

How To Increase Your Income As A Physician

physician-contract-guide

It’s no secret that compensation can be a difficult discussion with potential employers.

Here, we’ll give you everything that you need to navigate that discussion and start earning what you’re worth.

We’ll delve into understanding your worth, evaluating (and prioritizing) the roles that will bring you the most happiness, and the four key factors to review within the contract negotiation phase.

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How Long-Term Disability Insurance Can Protect Visa and Green Card Holders

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Long-term Disability The possibility of becoming too sick or injured to work is a sad prospect for any physician. And even more so for doctors who rely on a green card or visa to stay in the United States. A long-term disability poses a serious risk to both the earning ability and the residency status … Read more

End-of-Year Planning: Your Financial Checklist!

Financial Checklist Our goal is to help you make confident financial choices every day and – ultimately – help you thrive. Ready to get organized for the New Year? We can help make sure everything is in order. Here’s a handy checklist to ensure you’re thinking about everything you should be with a new year … Read more