Physician Merger Due Diligence You and another or a group of physicians are considering a merger with each other. In any medical practice merger, the most important part of the merger process is conducting your due diligence. The initial funding for this due diligence process should first be … [Read more...]
Ten Financial Considerations to Address Upon Retirement
Ten Planning Issues to Address Upon Retirement An excellent blog post by Kevin Bress at Pessin Katz Law, kbress@pklaw.com. A new retiree would be well served to pay particular attention to these ten financial considerations which are so often overlooked at retirement. Choices Involving Social … [Read more...]
Ransomware and HIPAA: Preventing, Mitigating and Responding
Ransomware Attacks and HIPAA A ransomware attack has taken down the largest gasoline pipeline in the USA – the Colonial Pipeline carrying 2.5 million barrels per day of gasoline and other refined fuels. The pipeline runs from refineries in Texas to destinations throughout the eastern USA. This is … [Read more...]
Financial Planning for Physicians
Financial Planning for Physicians I’ve written many times about the business side of medicine that now is the time to talk to you about the personal side of medicine. I find many professionals do a great job managing their business affairs but most really stink at managing their personal financial … [Read more...]
The Impact of Spending Habits on Your Retirement Planning
Spending Habits and Retirement Planning The traditional approach to retirement planning assumes that retirees will maintain their pre-retirement standard of living as they transition into retirement, and then sustain that lifestyle throughout retirement. But a growing base of research that analyzes … [Read more...]
Another Look at Physician Practice Receivables
Where are Your Physician Practice Receivables? Do you know how much outstanding accounts receivable you have in your 0-30 day, 30-60 day, 60-90 day, 90-120 day and 120-plus day categories? You should know this off of the top of your head on a daily basis. Knowing will allow you to spot problems, … [Read more...]