Physician mortgage loans (also known as doctor loans) have been specially designed with doctors in mind. Doctors often have a massive student loan debt. Plus, their work experience may not reflect their true earning potential, particularly the ones who have just finished their residency. Doctor loans help physicians get as much as $1 million from lenders based on their unique financial needs.
Medical board complaint refers to the process of registering a complaint against any medical practitioner. A patient can complain to the respective state medical council or boards for unprofessional conduct and inadequate care by a physician or healthcare provider. If the patient is covered by medicare, they can file a complaint directly to medicare.
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.
This article introduces some of the best startup incubators for doctors to move your idea in healthcare transformation to a successful business.
There are a handful of types of business entities to choose from when starting or formalizing a side hustle, and the best one for you depends on various factors. This article goes over the main types of legal structures for businesses and how to choose between them.
Here are my recommendations for the best tools, programs, and platforms for building and running a website, whether you have a medical practice, side hustle, or blog.
This article covers the main purposes, similarities, and differences between the various masters-level degrees in healthcare management.
This month’s The Watering Hole gives you insights on how you can achieve or sustain your dream life and pursue your passion.
Not every side hustle can be a passive source of income. In fact, most of them aren’t. But there are steps you can take to shift these side hustles from an active to passive.
Locum tenens has addressed the need for temporary physician staffing of the healthcare industry for decades. Let’s look at physicians who have pinpointed this problem and took an innovative approach to solve it.
There are a ton of physician franchise opportunities out there. We have 3 rules for how to select the best, and pinpoint the worst of them.
Certain personality traits and interests lend themselves to franchise ownership. Your modus operandi in clinical practice can also shed light on whether you may be successful with a franchise. Here are ten characteristics that suggest a franchise should be a serious consideration for you’re interested in owning a business.
Physician independent contractor tax deductions can really add up. If you have income from a side gig, don’t miss out on them! Here are 10 that you might qualify for.
There are lessons to learn from Theranos’ downfall: the problem with fake it till you make it, taking advice from thought leaders, and more.
We tend to spend a lot of our professional lives trading time for money. Make physician hourly wage a thing of the past with these six tips, which hold true whether you’re a full-time employee or self-employed, and whether you’re practicing clinical medicine or do nonclinical work.
You may want to do some part-time physician consulting early on in your career. Or start a consulting side gig in an area that you’re not very well known. This is definitely possible – you just need to be proactive. Regardless of exactly what your hustle is, you can accelerate the process of getting your first clients as a part-time physician consultant.
It’s so easy to get into the grind and fall into the trap of “working for the weekend.” If this happens, the entire year can go by and all you’ll have to show for it is one year’s salary. One year’s salary for a physician is nothing to scoff at. But what if you could end the year with a lot more? Here’s how to get started on an ultra-effective, super-fulfilling professional life in the new year.
There are so many alternative sources of income for doctors and medical professionals. It’s a great time to get started with a side hustle. Here are five reasons why, and how you can use them to your advantage.
Medical providers can use pro bono work and skilled volunteering as a way of both attaining their professional goals and helping others. This article provides 4 options as well as some tips for getting started.
A B2B business involves you, as your own small company, making a transaction with another business instead of with an individual consumer. One of the best parts of starting a service-based business is that the barriers to entry are very low. Physicians have a great breadth and depth of knowledge that is an excellent foundation for services tangentially related to healthcare, but without the red tape and regulation of opening a medical practice.
Any doctor start and run and successful, profitable business. Small businesses that offer a service as their product are a perfect solution for many physicians wanting to earn extra income, share their knowledge, help with peoples’ challenges faced by people or companies, and have more autotomy in their work.
Building a personal brand is especially important for entrepreneurial physicians and those with non-traditional careers or their own businesses.
Many jobs in medicine bring on the question of physician employee vs independent contractor. For those working as consultants or with alternative work arrangements, it’s important to understand the differences between various work arrangements.
