Car Buying for New Attending Physicians

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If you’re a physician or doctor who recently graduated, chances are you’ve been told repeatedly to “live like a resident even as an attending for a few more years.” But that does not change the urge to spend some of your new hard-earned salary. While many young professionals struggle to achieve the perfect balance of … Read more

Webinar: A Crash-Course in Paying for Medical School: 10 Ways You Could Save $10,000

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Webinar: A Crash-Course in Paying for Medical School: 10 Ways You Could Save $10,000 Join the founder and CEO of Physicians Thrive, Justin Nabity, and aspiring physician Selena as they discuss what pre-med or current medical students may not be considering when it comes to paying for medical school. In this webinar, you will learn: … Read more

What Physicians Need to Know About CPT Codes

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Whether you work as an employee of a large hospital group or own a private practice, CPT codes play an essential role in all physicians’ lives. Regardless of your specialty and the type of patient care you deliver, it’s crucial you understand all about those five-digit codes.

As a physician, CPT codes may not be your primary focus or something that you’ve given much thought. However, they are an unavoidable part of the job.

From knowing which codes to use and how they affect your bottom line, here’s what physicians need to know about CPT codes.

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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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What to Do When Your Physician Disability Insurance Benefit Period Ends

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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