Physicians deserve timely payment

Here are classic practice management stories you missed on KevinMD. Thank you for your continuing readership. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ --------------------------------------------------------------- Here are classic practice management stories you missed on KevinMD. Thank you for your continuing readership. --------------------------------------------------------------- Sponsored job listings from Careers by KevinMD.com [Family medicine physicians](. Physician-led and collegial environment. Schedule flexibility and sabbaticals for work-life balance, One of the [largest multi-specialty medical groups in the country](. [Internal medicine physicians](. Full-time is 35 patient contact hours in a 4 day work week. Leadership opportunities available. Operational support provided allowing the focus to [deliver exceptional patient care](. --------------------------------------------------------------- KevinMD Plus: Jan 11, 2020 [American physicians deserve timely payment]( Health care reimbursement in the U.S. is frighteningly complex. We have federal payers, like Medicare; state/federal payers, like Medicaid; private, for-profit insurance companies, like Aetna; private, not for profit insurers, like many local Blue Cross Blue Shield networks. Oh yes, and we have private insurance companies managing reimbursement for many Medicare and Medicaid recipients. This […] [Before starting your own practice, do these 3 things first]( If you're a young doctor reading this, chances are you are employed by someone else. Your paycheck may come from a hospital system or a group of other doctors, but you're not your own boss. This may be working out just fine for you: I hope you are happy and have a well-balanced work and […] [8 incredible side effects of being debt free]( Most Americans live their lives on borrowed money, constantly spending a little more than they make, leaving them with a growing debt. These debt payments, and the added interest they must pay on their debt, decreases the amount of money that they have available to spend on future needs. Paradoxically, borrowing to buy depreciating items, […] [Thinking about changing jobs? Here’s what physicians should consider.]( A large percentage of doctors end up switching jobs within the first five years of practice. This really isn’t surprising given that the medical training experience doesn’t necessarily correlate with the medical practice experience. Many doctors work hard throughout their entire training only to realize that their expectations do not necessarily align with reality. Is […] [Is the journey in medicine leading me to my best self?]( “Medicine robbed me of my 20s.” I’ve heard the line many times in my medical training. It often comes accompanied by a long sigh, a slow sip of coffee, and a glazed stare off into the distance. “Imagine what could’ve been,” the seasoned physician muses, “if I had my 20s to do over, without medicine.” But now, I am […] [The physician part-time blues]( The solution to most of my work related problems was half retirement. By leaving clinical practice and taking a less arduous administrative role, I was able to divorce myself from the worst part of doctoring. Being financially independent helped, but wouldn’t have been the complete solution. I am not ready to retire. I would be remiss, […] [5 mistakes new physicians make when investing in real estate]( We seem to get a ton of questions on the Passive Income Docs Facebook group about how to start investing in real estate. It can initially be a very intimidating venture. I remember when I started with a $5,000 investment in a crowdfunded deal. It was downright scary. I’ll be honest, I didn’t have a great grasp of what […] [How our relationship with money can help or hinder physician burnout]( In one of the recent physician burnout and depression surveys, doctors were asked to name the causes of their burnout. The typical culprits were listed: lack of autonomy, EMRs, lack of support from administrators, insurance companies, lack of time with patients, and so on. However, when they were asked what would improve their burnout, getting paid […] [Being a doctor matters less to this physician]( Something funny has happened over the last year. I used to self identify as a physician. It was a large part of who I supposed myself to be. Of course, I was more than just that. I was a spouse and father, a brother and a son, and all the various other ways in which […] [The conundrum of dual physician households]( Two incomes are better than one, right? As we all know, the answer isn’t clear cut. If we have to actively “work” to generate income, we have to balance exchanging time for money. Nothing comes for free. When you throw in a tax system to convolute matters, certain households are actually punished for going into […] --------------------------------------------------------------- If a friend sent you this email and you want to subscribe, go to [KevinMD](. --------------------------------------------------------------- 345 Hudson Street New York NY 10014 USA [Unsubscribe]( | [Change Subscriber Options](