As a CPA and healthcare consultant, one of the things that continues to concerns me is employee theft within a medical practice (or any other healthcare entity for that matter). You trust your staff, right? You know them to be loyal and dedicated individuals who would never steal from the practice, … [Read more...]
Are you nearing retirement?
Many people nearing retirement do not confront the financial issues until it's too late in the game. The bad news is... financial planning is a process that is better when prepared with more time and planning. The good news is... it can start at any time in a person’s life – but the later … [Read more...]
Did you get sucked in to the Equifax data breach?
Odds are, you or someone you know were impacted by the Equifax data breach. The breach, which is estimated to have impacted 143 million Americans – nearly half the US population – is considered one of largest data breaches in history. Adding insult to financial injury, Equifax has put the onus on … [Read more...]
2014 Report on U.S. Physicians’ Financial Preparedness: Employed Physicians
A new, in-depth report from AMA Insurance shows that employed physicians — now comprising 59 percent of all American physicians — have their own set of personal financial challenges, in part due to their employment status. KEY FINDINGS INCLUDE: • Only 8 percent of employed physicians … [Read more...]
Discontinuance of long term care insurance?
To all of our clients and loved ones…Please read this carefully – a word from Sean Tinsley It has come to our attention that recent increases in the cost of medical care have risen to the point that the insurance industry can no longer make a profit selling long term care insurance. As of this … [Read more...]
Why every physician needs a good insurance agent and financial planner
Insurance agent(s) Insurance is your indispensible first line of defense against a variety of exposures from malpractice to data breach and even traditional life and health. In many cases these needs are served by two different agents, one who handles life insurance planning for the staff … [Read more...]