Coffee & Contract - The Art of Finding and Evaluating Physician Job Opportunities
Release Date: 09/05/2024
Grand Rounds - Thank you for being loyal listeners
Financial Residency
A final thank you to all the loyal listeners as we end the Financial Residency Podcast Series. Please visit our website, when you need to find a trusted resource for physician mortgages.
info_outline
Coffee & Contracts - 36% of Physicians Have a Side Hustle—Should You?
Financial Residency
Are you a physician considering a side hustle? Recent statistics show that 36% of physicians engage in outside income activities, driven by salary cuts and the desire for financial diversification. Understanding the terms of your contract is crucial, as it may contain restrictions on outside activities. In this discussion, we explore the benefits of side hustles, potential income strategies, and how Contract Diagnostics can assist you in navigating your employment contract to ensure compliance while maximizing your earning potential. Reach out to us for expert guidance! Jon invites...
info_outline
Coffee & Contracts - The Pros and Cons of Salary and Patient Cap in Medicine
Financial Residency
In the complex world of physician compensation, deciding between a low base salary with a lower patient cap or a higher salary with a higher patient cap can be challenging. Jon Appino dives into the factors that influence this decision, including long-term career goals, financial stability, and market conditions. Understanding the implications of each structure is crucial for making an informed choice that aligns with your personal and professional aspirations. If you’re navigating a new position and need expert guidance, reach out to us for tailored advice and support! Jon invites...
info_outline
A Physician’s Guide to Wealth - Physician PSLF Hacks Checklist
Financial Residency
In this episode of "A Life Well Lived: A Physician's Guide to Wealth," James Nutter provides a comprehensive checklist for pursuing Public Service Loan Forgiveness (PSLF) for physicians. He breaks down the steps to understanding the requirements, confirming if PSLF is right for you, getting organized and doing it consistently, building a contingency plan, and what to expect when you reach 120 payments. With insights from a client who had over $200,000 in loans forgiven, James offers valuable tips and resources to help physicians navigate the PSLF process successfully. ...
info_outline
Coffee & Contracts - Navigating Employment Options: W2 and 1099 for Family Doctors
Financial Residency
As a recently graduated family medicine physician, navigating the choice between private practice and hospital employment can be complex. Understanding the differences between W2 and 1099 structures is crucial for your career path. This guide explores the benefits and drawbacks of each option, considering factors like tax implications, scheduling flexibility, and family needs. Discover how to align your employment choice with your personal goals, whether you prioritize benefits, retirement plans, or the flexibility of independent contracting. Reach out for expert advice tailored to your unique...
info_outline
Coffee & Contracts - Navigating Current Trends in Physician Employment Contracts
Financial Residency
In this episode of Coffee and Contracts, Jon Appino from Contract Diagnostics shares insights on current trends in physician employment contracts. With over 12 years of experience, Jon discusses shifts in various specialties, highlighting significant salary surges and changes in demand. He emphasizes the importance of staying informed about real-time trends rather than relying solely on published data. Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit
info_outline
A Physician’s Guide to Wealth - Financial Advisors Exposed: Fiduciary vs. Suitable Advisors: Know Who to Trust
Financial Residency
In this episode of "Life Well Lived: A Physician's Guide to Wealth," James Nutter takes a deep dive into the intricacies of selecting the right financial advisor for physicians. James emphasizes the importance of financial wellness and the impact of intentional financial planning in achieving a life well-lived. He revisits his Financial Wellness 101 series, urging listeners to engage thoroughly with the content to gain control over their financial situations. James then introduces a new series, "Financial Advisors Exposed," where he critiques common financial advisory practices and highlights...
info_outline
Grand Rounds - Managing a Financial Crisis with Dr. Cory Fawcett
Financial Residency
Dr. Cory Fawcett literally wrote the book on "Managing a Financial Crisis" as part of his Doctor's Guide series. He joins us today to talk about the steps a physician can take to navigate the crisis by methodically evaluating resources and making a plan to move forward, deal with the emotional fallout, prevent loss of relationships from the event and hopefully come out in a better place on the other side. You can learn more about Dr. Fawcett, read his blog, take a course or obtain coaching at .
info_outline
Coffee & Contracts - Future of Healthcare: Projected Demand for Physicians by 2036
Financial Residency
In this update, we explore new projections for physician shortages by 2036, revealing a significant gap between the demand for healthcare providers and the available supply. With a potential deficit ranging from 13,500 to 86,000 physicians, understanding the trends in primary care and specialty fields is crucial for current and future physicians. This discussion emphasizes the importance of negotiating compensation and being informed about market demands. If you need assistance with your compensation strategy or employment discussions, reach out to us for expert guidance. Jon invites...
info_outline
Coffee & Contracts - Improving Physician Compensation through Call Agreements
Financial Residency
In this episode of Coffee and Contracts, Jon shares an inspiring success story from an employed urologist who navigated a challenging call coverage situation to secure better compensation. Learn how collaboration among physicians can lead to financial wins for both doctors and hospitals. If you're a physician seeking guidance on contract reviews, compensation structures, or call agreements, reach out to Contract Diagnostics for personalized support. Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit
info_outlineJoin Jon from Contract Diagnostics as he navigates the job search process for physicians during interview season. He covers essential topics including when to start looking for positions, evaluating multiple offers, site visit tips, and understanding employment contracts. Get insights on how to effectively assess job opportunities and negotiate terms to ensure a successful career transition.
Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit www.ContractDiagnostics.com