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    6 Factors Determine Who Gets To Be a Millionaire

    We all recognize “Who Wants to be a Millionaire?” as not just a popular game show, but also a ridiculous question. The obvious answer to the show’s title is, yes, everyone wants to be a millionaire.
    6 Factors Determine Who Gets To Be a Millionaire

    Physician Practice Consolidation Picking Up Across Michigan and Nationally

    The national trend of solo- or small-practice physicians moving into employment with medical groups or hospitals for economies of scale and managed care contracting is starting to pick up. In 2012, 54 percent of physicians practiced in groups of five or more.
    Physician Practice Consolidation Picking Up Across Michigan and Nationally

    Is a ‘Medical Home’ in Your Future?

    Imagine having a team of health care professionals dedicated to keeping the patient healthy year-round by preventing the onset of diseases and managing chronic medical conditions to avoid costly complications and hospitalizations. That’s the mission of thousands of primary care practices nationwide that have embraced the “patient-centered medical home” model.
    Is a ‘Medical Home’ in Your Future?

    How You Dress Can Affect Patients’ Opinions, Even Their Compliance Rate

    What can incent a patient to trust a physician, follow her directions, and remember the interaction with satisfaction? One recent study in BMJ suggests that a conservative and professional style of dress -- complete with the quintessential white coat -- is where trust, patient compliance, and patient satisfaction begin.
    How You Dress Can Affect Patients’ Opinions, Even Their Compliance Rate

    Why Doctors Are Losing the Public’s Trust

    The doctor-patient relationship is sacrosanct. There is no relationship where the bond of trust should be so strong, outside of matrimony. As physicians, patients rely on us to help them make life-saving decisions.
    Why Doctors Are Losing the Public’s Trust

    6 Bad Reasons to Make Changes to Your Portfolio

    The bull market is about to enter its seventh year and it seems like a lot of investors are just itching to make a change to their portfolio or investing habits. Giving in to the feeling of the seven-year itch is bad news for most investors…
    6 Bad Reasons to Make Changes to Your Portfolio

    Features

    U.S. experts soften on DNA editing of human eggs, sperm, embryos (0)

    U.S. experts soften on DNA editing of human eggs, sperm, embryos

    Powerful gene editing tools may one day be used on human embryos, eggs and sperm to remove genes that cause inherited diseases, according to a report by U.S. scientists and ethicists released on Tuesday.

    Why Do People Want to Live So Long, Anyway? (0)

    Why Do People Want to Live So Long, Anyway?

    Dr. Ezekiel Emanuel is famous for a lot of reasons. He's an acclaimed bioethicist and oncologist who advised President Obama on health care and has two very well known brothers, but another thing people always seem to remember about him is that article he wrote in 2014: "Why I Hope to Die at 75."

    Investment and Tax

    ETFs see record number of funds shut down: ‘It’s a sign of health’ (0)

    ETFs see record number of funds shut down: ‘It’s a sign of health’

    Exchange-traded products kept growing in 2016, both in popularity and in the money investors were willing to commit. But with growth comes growing pains, and the year featured one telling sign of the times: A record number of fund closures.

    Retirement Healthcare Costs 20% More for Women Than Men, Study Finds (0)

    Retirement Healthcare Costs 20% More for Women Than Men, Study Finds

    Women live on average two years longer than men and therefore must be prepared to pay 20% more for their retirement healthcare coverage, according to a recent HealthView Services report, the Wall Street Journal writes.

    Job Market

    Doctors who find meaning in their work are less likely to feel burnout (0)

    Doctors who find meaning in their work are less likely to feel burnout

    Doctors who feel burned out or overwhelmed by the demands of work are less likely to view their work with patients as a "calling" that has meaning, according to a recent study.

    Do Happy Doctors Make Less Money? (4)

    Do Happy Doctors Make Less Money?

    I was reading over the 2016 Medscape Physician Compensation Report and was struck by some of the results. Every year, Medscape does a survey of physicians about their income, job satisfaction, demographics, etc. Last year, 19,200 physicians, responded to the survey and it unveiled some curious results.

    Marketing

    Adults urged to get vaccinated (0)

    Adults urged to get vaccinated

    Too many U.S. adults are not getting vaccinated, putting themselves and others at risk, immunization experts say.

    Dental Office Screening Identifies Diabetes, Pre-Diabetes (0)

    Dental Office Screening Identifies Diabetes, Pre-Diabetes

    Screening for diabetes during a dental office visit is feasible and may represent an effective strategy for identifying millions of Americans who are diabetic or pre-diabetic but don't know it. As many as 30% of the 29 million diabetics in the United States have not been diagnosed.

    Succession Planning

    Should Doctors Extend Their Practice Hours? (1)

    Should Doctors Extend Their Practice Hours?

    In a world in which consumers book travel, shop and attend school all day, any day of the year, consumer demand for easier access to medical care can come as no surprise. Additionally, the Affordable Care Act adds to the pressure on primary care providers to offer extended office hours. It includes provisions that promote the medical home model, which strives to improve access to primary care in ways that include longer office hours.

    5 American Cities Where You Can Retire On Just Social Security (0)

    5 American Cities Where You Can Retire On Just Social Security

    The statistics on how unprepared Americans are for retirement can be terrifying. The median retirement account balance is $2,500 for all working-age households and $14,500 for near-retirement households, according to a 2015 study by the National Institute on Retirement Security.

    Wealth Management

    Three Ways Physicians Can Shield Personal Assets From Lawsuits (0)

    Three Ways Physicians Can Shield Personal Assets From Lawsuits

    Lawsuits against medical professionals are commonplace, and if physicians haven’t taken steps to protect their personal assets before a claim is filed, they could be at great financial risk, Trey Smith, a private financial advisor at SunTrust Investment Services, writes in MD Magazine. There’s an assumption among physicians that setting up a corporation can protect their personal assets from creditors or judgements, but this isn’t always the case, according to Smith. It is far better for doctors to structure their assets in other ways that will not only provide some protection, but save on taxes and provide some estate-planning, he writes. Getting local advice by state is key, however, since state asset protection laws vary, according to Smith. But there are three general categories that can help provide a protective structure regardless of where a doctor practices, he writes. Retirement accounts can shield assets from creditors and lawsuits in the form of 401(k)s and IRAs, and have the added benefit of offering a tax advantage as funds in these accounts grow, according to Smith.

    It’s Bad Decisions Not Bad Salaries That Put Docs in the Poor House (0)

    It’s Bad Decisions Not Bad Salaries That Put Docs in the Poor House

    Medical trainees are worried for their financial futures, blaming enormous student debt for keeping them from becoming rich, according to Physician’s Money Digest. But if doctors end up poor, they probably only have themselves to blame, according to the publication.