In the United States, there is a significant difference in income between doctors and non-doctors. In fact, according to one study, the average physician makes $242,000 while the average American earns just over $48,000. When both spouses are physicians, this income gap continues to exist, but it may not be as significant. However, when only one spouse is a physician (and often they’re female), there is often an economic disparity that can potentially lead to marital stress and divorce.
Your medical practice is an important part of your life. It’s where you spend most of your waking hours, and it’s the place where you feel like you are making a difference in someone else’s life. But if no one can find your website, then all of this work may go to waste!
When deciding to take a new job, many factors must be considered, such as the job title, job responsibilities, potential for future growth, benefits, and salary. A doctor could be looking for more work-life balance, or they may need to relocate their home and family, or an opportunity for advancement.
The good news is that there’s never been a better or easier time to switch careers to non-clinical. It’s a great time to get ahead and consider other options, or even combine clinical work with another career that is more in demand today. Switching is easier than you might think so don’t hesitate!
Healthcare professionals often find themselves wondering what steps to take to advance their careers and get promotions. Let’s look at the different types of job promotions and career advancements in healthcare and how you may reach your goals.
Doctorpreneurs are doctors who have turned their talents into entrepreneurship. With a medical degree, a doctor is best suited to run an entrepreneurial venture, especially one that deals with the health industry.
Physicians have a lot of opportunities to make money outside of the clinic. However, many physicians don’t know how to find these opportunities or even if they exist in the first place. That said, it does always come down to investing additional time or money.
For instance, some contracts forbid employees from practicing within the same geographic location, specialization, or through locum tenens and telemedicine. The feasibility depends on the parameters of the training program.
Non-clinical skills are the attitudes, habits, and qualities that make a physician a well-rounded professional. There are certain non-clinical competencies for physicians in the healthcare setting that can help them serve their patients better and make an unenviable and uncomfortable situation easier.
The duties and responsibilities as a physician are expanding rapidly with a troubling trend showing decreased job satisfaction and compensation. There are quite a few non-clinical opportunities for doctors who have a background and experience in the medical and healthcare industry.
A 1031 exchange refers to Section 1031 of the U.S. Internal Revenue Code. A 1031 exchange allows real estate owners or investors to sell a property and then reinvest within a specific time limit to defer or dodge capital gains taxes.
A physician’s resume follows the same basic principles as any other resume. Use action-oriented words where every sentence has powerful action verbs. Follow a well-structured, bullet-based format that demonstrates a clean format and uses easy-to-read fonts.
“Medicare for All” is an aggregation of legislative proposals intended to provide health care coverage to every American through a federal single-payer health insurance program. The single-payer systems can be found worldwide and may vary by what benefits they offer, how they are funded, who is eligible, and more.
The rising healthcare cost is forcing consumers to delay medical treatment until they can afford it or sink them into massive debt. But now, there is an alternative option for the patient without insurance to help cover their medical expenses, through fundraising or...
The remote patient monitoring market has risen drastically in use over the past ten years. As a result, new technologies have been developed and implemented that make RPM more of a reality to patients and healthcare providers than ever before.
Rising health care costs have been a major concern among people in the US, and the surprise bills from out-of-network services are devastating. Consumers are surprised with expensive bills from providers who are not in their insurer’s network and whose care they did not request.