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Interviewing Tips
Offered this month by:
Information is the key to success when a practice opportunity comes along. When entering the interview process a candidate can expect the practice to have their list of questions in hand. It is equally important that the physician candidate be prepared to gather the information he will need to make a career decision. How much, how long, how many are questions that usually come to mind:
- What benefits does the health system offer?
- How many hours do the doctors work?
- What income can an associate expect?
- What income can a partner expect?
- How long is the track to partnership?
- Is there a buy-in?
- Is there a buy-out when older partners retire?
- Who pays for the buy-out?
- How is the call schedule determined?
But a candidate should not overlook important organizational and strategic considerations. Read More
Tim Russo is an experienced physician practice administrator and medical group manager and president of U.S. Cardiology, a recruiting firm specializing in cardiologists. Contact him with your physician recruiting and practice management needs at:
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If you are a physician
seeking a premier practice opportunity
Visit the Medical Match Job Boards at:
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Financial Management Tips
Offered this month by:
At last, all of your medical training is about to pay off. Perhaps the 16 hour work days won't go away completely, but at least your pay check will reflect compensation received for services rendered. No more fresh student loans to sign, no more embarrassing residency stipends that pale beside the pay checks of your friends with a bachelor's degree. Your gross monthly income now approaches your annual resident's salary, and should pave the way to prosperity. You must now focus on patient care, track to partnership, Medicare and Medicaid paperwork, continuing medical education, and clinical excellence. Your financial life is about to become much less complicated and far less demanding of your time and attention. Buying a house, replacing that high-mileage vehicle and paying down a mountain of student loan debt can be managed when the time permits. Right? Wrong! Read More
Ivan Hoffman, CFP® is a financial planner at Valeo Financial Advisors, a fee-only financial planning firm servicing clients throughout the U.S. Ivan is also a NAPFA-Registered Financial Advisor (National Association of Personal Financial Advisors), as well as a member of the MD Preferred Financial Advisor Network. He can be reached at:
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Personal and Business Insurance Tips
Offered this month by:
 You have just completed your medical training and are relocating to a new community to accept your first practice opportunity. Or, you are an established physician that has accepted a new practice opportunity in a distant city. You have found someone to manage your relocation. You are working with a Realtor who is helping you sell your current home and you have several new properties under consideration. It's time to consider protecting yourself and your family with comprehensive insurance. It may not sound exciting, but appropriate insurance coverage is part of any comprehensive financial plan. You probably have already purchased home owners/renters insurance, auto insurance and liability insurance. You are covered, right?
Wrong. Read More
PhysicianInsure is a national provider of insurance designed exclusively for physicians. For more information or for a confidential quote, please contact us at: |
If you are a physician or medical practice
seeking a local medical insurance provider
Visit MD Preferred Insurance at:
www.mdpreferredinsurance.com
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Employment Contract Tips
Offered this month by:
All's right in the world. That perfect job offer has come in. Euphoria rules the day. Unfortunately many a physician will let their guard down at this happy time and ignore the critical issues and restrictions concerning their rights should it become necessary to terminate the employment relationship. Even the best laid plans can turn sour for any number of reasons, and that's the wrong time to realize for the first time that your employment agreement unreasonably prohibits you from plying your trade. While non-competition, non-solicitation and similar restrictive covenants are largely creatures of state law - and hence the rules governing such covenants tend to vary from state to state - there are a few general principles to consider and evaluate regarding non-competition provisions before signing on the dotted line.
While physician non-competition restrictions are usually difficult to enforce (and in some states entirely unenforceable), this does not mean you should accept whatever language your new employer proposes in your employment agreement. Read More
Darren M. Green, J.D. has over 14 years experience representing a wide range of clients on employment, corporate, technology, venture capital and other transactional matters. He is an Adjuct Professor at Northwestern University School of Law and a member of MD Law Services. Mr. Green received his BA from the University of Pennsylvania and his J.D. from the U.C.L.A. School of Law. |
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If you are a physician
seeking a healthcare attorney
to review your employment contract or
provide you with immigration assistance
Visit MD Preferred Legal Services at:
www.mdlawservices.com
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Real Estate and Relocation Tips
Offered this month by:
 The prospect of relocating to a new city is overwhelming to most professionals. Unfortunately, many of the various tasks involved in the relocation process must be accomplished while you are either still working full-time at your present practice, or are about to complete your medical training. To make matters worse, you must now deal 'long-distance' with individuals and service providers that you have never even met.
The "to do" list of tasks includes such things as:
- Selling your present home, if necessary
- Finding a new home, or whatever type of housing you might need
- Making arrangements for temporary housing in your new location, if necessary
- Selecting schools for your children (Perhaps including Special Education facilities)
- Shipping your pet and boarding him until you arrive
- Renting a car
- Finding employment for your spouse
- Hiring a Moving company (Better have a certified check ready when your furniture arrives, or they won't unload the van)
- Selecting a new bank
- Finding reliable sources for services in your new location, including: Mortgage lenders, Home Inspectors, Plumbers, Electricians, Pet Care facilities, Landscape companies, Decorators, etc.
The Bad News is that if neither you nor your new employer have established a relationship with all of these local service suppliers, you could end up living in a motel until all of the loose ends are tied up. The good news is... Read More
Harry Salzman has been a leader in the Colorado Springs and Pikes Peak Area Real Estate market since 1972. In the course of these 37 years, Harry has built a huge network of mortgage lenders, banks, relocation specialists and satisfied clients by offering professional, ethical, thorough representation of buyers, sellers and relocation clients. He recently was named the exclusive MD Preferred Real Estate firm for the Colorado Springs area. No matter where you are moving from or moving to, we are committed to The Power of Relocation Innovation. Contact Salzman Real Estate Services, Ltd at:
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If you are a physician
seeking a Real Estate Agent/Relocation Specialist
with ties to the local medical community
Visit MD Preferred Real Estate at:
www.mdpreferredrealestate.com
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Travel Tips
Offered this month by:
Before you travel this holiday season, you may want to review the rules for carry-on liquids when traveling by plane. Here is what the TSA recommends:
3-1-1 for carry-ons = 3.4 ounce (100ml) bottle or less (by volume) ; 1 quart-sized, clear, plastic, zip-top bag; 1 bag per passenger placed in screening bin. One-quart bag per person limits the total liquid volume each traveler can bring. 3.4 ounce (100ml) container size is a security measure.
Consolidate bottles into one bag and X-ray separately to speed screening.
Be prepared. Each time TSA searches a carry-on it slows down the line. Practicing 3-1-1 will ensure a faster and easier checkpoint experience.
3-1-1 is for short trips. If in doubt, put your liquids in checked luggage.
Declare larger liquids. Medications, baby formula and food, and breast milk are allowed in reasonable quantities exceeding three ounces and are not required to be in the zip-top bag. Declare these items for inspection at the checkpoint.
Come early and be patient. Heavy travel volumes and the enhanced security process may mean longer lines at security checkpoints.
TSA working with our partners. TSA works with airlines and airports to anticipate peak traffic and be ready for the traveling public.
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If you are a physician
planning business or personal travel,
visit MD Preferred Travel and support
Doctors Without Borders
www.mdpreferredtravel.com
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You are invited to an exclusive event that gives a rare inside look into the emergency humanitarian work of Doctors Without Borders/Médecins Sans Frontières (MSF). This one-night event is unique because, with broadcast technology, people in 47 states will be attending it at the same time. Please see below for details and to find a movie theater near you!
A ONE-NIGHT EVENT IN 444 SELECT THEATERS NATIONWIDE
Living in Emergency: Stories of Doctors Without Borders
LIVE with Elizabeth Vargas
Monday, December 14, 2009
Doctors Without Borders/Médecins Sans Frontières (MSF) and NCM Fathom present a unique, one-night only documentary and LIVE panel discussion event.
For the first time ever, MSF gave a documentary crew uncensored access to its field operations in war-torn Congo and post -conflict Liberia. The critically acclaimed "Living in Emergency: Stories of Doctors Without Borders" gives a rare inside look into the organization through the eyes of four doctors pushed to the edge and forced to confront the limits of their idealism in the face of overwhelming medical needs.
Following the film, Elizabeth Vargas of ABC News 20/20 and Emmy-award winning investigative journalist will moderate a town hall discussion that will go beyond the headlines of today's humanitarian crises and go behind the scenes of one of the leading international medical emergency organizations. The panelists will include Sebastian Junger, best-selling author of The Perfect Storm and Vanity Fair contributing editor, Dr. Tom Krueger, Doctors Without Borders surgeon featured in the documentary, Sophie Delaunay, executive director of Doctors Without Borders-USA, and other special guests.
This LIVE event will be broadcast via satellite from the SkirballCenter stage in New York City to thousands of Americans seated in nearly 450 movie theaters across the country.
Please Note: This documentary contains graphic and explicit surgical content.
All prospective medical and non-medical aid workers are invited to join us for a presentation, film, and Q&A session to learn more about how you can become part of Doctors Without Borders' field work. A Human Resources Officer will be on hand to discuss requirements and the recruitment process.
Upcoming recruitment information sessions in December...
Denver (2nd week of December)
Washington DC (Dec 16)
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For medical news, surveys, studies and editorial comment, Visit the daily medical blog,
Rounds Online
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