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Doctor Money Matters -- random thoughts

Doctor Money Matters

Release Date: 07/18/2018

Ep 62. Doctors and Social Media -- Dana Corriel, MD show art Ep 62. Doctors and Social Media -- Dana Corriel, MD

Doctor Money Matters

On this episode we talk about social media with Dana Corriel MD, an internal medicine physician and creator of the SoMeDocs group. She recently left the practice of medicine to help physicians develop their online presence. Her goal is to help empower physicians reach their patients, a broader audience, and develop their brand and yet balance it with responsibilities as professionals, employees, etc. We talked about why she left medicine to pursue this opportunity. Dr. Corriel runs master classes for physicians interested in improving or developing their presence. I am going to be a teacher in...

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Ep 61. Gita Pensa, MD -- Malpractice litigation and its impact on the physician show art Ep 61. Gita Pensa, MD -- Malpractice litigation and its impact on the physician

Doctor Money Matters

Welcome to the Doctor Money Matters Podcast. In this episode we talk with Gita Pensa MD, an emergency medicine physician and fellow podcaster who created an incredible podcast which is a must listen about lawsuits in medicine and the personal impact it had on her. Its a “Serial” type podcast which is extremely well done. I highly recommend it. Note this episode was recorded just prior to the Covid shutdowns in March 2020. Please support our sponsor if you are in the market for disability insurance and especially if you are early in your career for the best rates. In this episode we...

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Ep. 60 -- Student loan basics with Ben White, MD show art Ep. 60 -- Student loan basics with Ben White, MD

Doctor Money Matters

Welcome to the Doctor Money Matters Podcast. In this episode we talk about student loans with Ben White, MD a radiologist and blogger who writes about various topics but has written a FREE book about student loans. Note this episode was recorded pre covid so there have been some changes relating to loan deferrals so please check with your loan servicer prior to making any changes. Please support our sponsor if you are in the market for disability insurance and especially if you are early in your career for the best rates. We talk about types of student loans (Federal direct and plus, private,...

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Ep 59. Joel Greenwald, MD CFP -- Withdrawing assets in retirement show art Ep 59. Joel Greenwald, MD CFP -- Withdrawing assets in retirement

Doctor Money Matters

Welcome to the Doctor Money Matters Podcast. It has certainly been an eventful spring between the Covid crisis and the national protests bringing more attention to the unequal treatment of African Americans by law enforcement, and also the financial market volatility. Our guest was Joel Greenwald, MD a physician turned financial planner in Minnesota who has a long term financial planning business managing mostly physicians money called Greenwald wealth management. We talk on this episode about the strategies of withdrawing assets once you retire. How do younger physicians get to the asset...

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Ep. 58 Real Estate Investing with Cory Fawcett, MD show art Ep. 58 Real Estate Investing with Cory Fawcett, MD

Doctor Money Matters

Welcome to the Doctor Money Matters Podcast. This is a podcast about financial topics related to the healthcare professional. I am your host Dr. Tarang Patel, a diagnostic radiologist in Arizona. Our guest was Cory Fawcett, MD a retired surgeon in Oregon who has written books for medical professionals including The Physicians guide to Real Estate Investing which we talked about on the show. It and his other books are available on Amazon or his own website We talk on this episode about the power of real estate investing. Why Dr. Fawcett favors active real estate investing (ownership) instead...

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Ep 57. Introducing What's Up Docs? show art Ep 57. Introducing What's Up Docs?

Doctor Money Matters

This is a special episode of the podcast in which I am introducing a new project I am working on with Dr. Disha of the Frugal Physician. We are starting a called What’s Up Docs? to talk about what's trending in physician social media.  In this episode we discuss: a proposed residency for nurse practitioners and physician assistants in emergency medicine that had physicians in an uproar, particularly because they were going to be paid more than PGY3 EM residents. This program is not going to happen, but boy did it get everyone talking. This came from a . We talk about the We talk...

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Ep 56. Karen Sibert, MD -- Good luck finding a doctor in 10 years. show art Ep 56. Karen Sibert, MD -- Good luck finding a doctor in 10 years.

Doctor Money Matters

Dr. Karen Sibert, an anesthesiologist in California, wrote an article that went viral last week and this weekend as a response to the repeated attacks on physicians by the media and by economists or other "policy experts". The Washington Post said physicians were behaving like muggers. A Noble prize winning economist called us rent seekers. We discuss why she wrote this article. Why she sees concerning trends about the future physician workforce and areas where things are improving though not perfect yet. If you have not yet read her article. Here is a link to her website

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Ep 55. Ian Ippolito -- How to approach crowdfunded real estate investing show art Ep 55. Ian Ippolito -- How to approach crowdfunded real estate investing

Doctor Money Matters

On this episode we talk with Ian Ippolito who runs a real estate crowd funding website which is a valuable resource for those who are interested in this space. We talk about Ian's approach to real estate investing. Evaluate sponsor first (experience through a full business cycle) Lots of sponsors right now have not gone through a downturn Look at the deal itself Leverage (65% leverage or less) Sponsor has invested also (skin in the game) What is the deal structure (how does sponsor make money)? Locked in long term debt (at low rates) Different types of niches in crowdfunded real...

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Ep 54. Falgun Chokshi, MD --Artificial Intelligence in medicine show art Ep 54. Falgun Chokshi, MD --Artificial Intelligence in medicine

Doctor Money Matters

On this episode we talk with Dr. Falgun Chokshi, a radiologist and thought leader in artificial intelligence.  We talk about the role of AI in the future of medicine.  Will AI replace radiologists?  Will there be fewer jobs for physicians in the future?  What are the capabilities of AI and where does it fall short?  We also talk about why the stakes are so high in medicine vs other fields and why the pace of innovation is slower in patient care.  What are the stakes for new and recent grads in medicine? Who is going to be liable for any potential malpractice? ...

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Ep 53. Opportunity Zones -- Dan Gauthier show art Ep 53. Opportunity Zones -- Dan Gauthier

Doctor Money Matters

On this episode, my guest is Dan Gauthier of the Rose Law Group in Scottsdale, AZ. We are talking about Opportunity Zones. We discuss what they are, how they can be a tax advantage investment.  Dan has written about these previously in national media and I thought he would be a great resource to learn more about them. He is not selling anything which is why I wanted him to explain it in an unbiased way. Opportunity Zones are geographic areas designated by the states and approved by the federal government which qualify for specific tax breaks that we discuss on the show. Investments can be...

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More Episodes
  1. Congrats to new residents. It’s great to see your enthusiasm and brings back energy to everyone of us. We all remember the feelings of panic we had during our first days as actual doctors. Even when you talk to grizzled old attendings, if you are nice and enthusiastic, they will teach you.
  2. I have taken a hiatus from the podcast this month. We took a family road trip in upstate new york. Beautiful and underrated area. If you have not seen niagara falls or the thousand islands, I suggest you make a plan to do so. Relatively inexpensive on the US side, but great scenery and helps you realize there is so much to see that is close by.
  3. Physician confidence. I have spoken to a few physicians recently and encouraged them to know their own worth. While there are constant negatives in medicine bombarding us from all sides, for many of us right now, the job market is actually pretty good. There was an article in the WSJ recently about how quitters are winning. Its always a good idea to keep up with salaries and employment trends in your fields, so I encourage you to  please take a look around at the various specialty job boards. I see to many physicians complaining about the lack of opportunities, and while it may be true for some, its probably not as bad as you think at this moment in time. Long term forecasts are always difficult.
  4. I have many podcasts recorded and ready for release, but I would like some ideas from you all for new topics. Please join my FB group and my email list to submit topics for discussion.
  5. I am meeting up with a few of my fellow physician podcasters next week, so who knows maybe we can do an allstar podcast. Keep listening.