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    Can physicians achieve work-life balance?

    ​Many physicians go through years of school and training due to a true vocation for the work of healing. Due to this passion for their work, physicians may experience conflicts between caring for patients and caring for themselves. This can be especially difficult for those with personal commitments like caring for parents or children. Maintaining a sense of work-life balance can help to alleviate professional burnout and result in better outcomes for both physicians and their patients.
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    Tags: Work-Life Balance


    Contract review series: payment and compensation

    Do you know how your compensation package will work? Learn about the pros and cons of each model in this post, the first in our contract review series!
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    Tags: Contract Review, Contract Review Series


    The non-compete clause and you

    If you haven't heard about what a physician non-compete clause is, it's best to learn about it before you sign your next contract. If you're a physician, it could impact who you are able to work for should you choose to leave your current practice...
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    Tags: Contract Review


    Physician interview questions you hate to ask, but must

    If you've ever interviewed for a job before, you know how many details there are to figure out. Not only do you need to find out how much the position pays, but you also need to determine what the other valuable benefits are...
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    Tags: Transition


    As a physician, do I really need a budget?

    Congratulations, you've landed your first job out of training and you are now making considerably more income than you ever have in your life! As a resident or fellow you likely had no problem allocating your income as it was enough to cover your obligations, but what do you do now that you have much more income to deal with on a monthly basis? While it might be tempting to go out and spend your extra income, that will do little to grow your wealth. Assuming you do intend to grow your wealth, then making use of these basic physician budgeting tips can be a great way to manage your money.
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    Tags: Financial Planning


    Physician investing—when should you start?

    You've likely noticed a nice benefit to completing your residency – the increased salary! With the average starting salary for many physicians being at least $150,000 to upwards of $300,000 (if not more) physician investing is certainly a serious topic. This begs the question though of when to start. If you follow conventional wisdom, the time to start investing is now.
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    Tags: Financial Planning


    What is an RVU and why does it matter?

    In gaining an understanding of work relative value units (wRVUs), it is important to understand the function of wRVUs in qualifying physician productivity and in turn physician compensation.
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    Tags: Contract Review


    Physician employment contract reviews and your rights

    Whether you’re a resident or fellow, or you’ve been a practicing physician for several decades, a physician contract review is equally vital. This is not only because it’s a legal document, but it has the potential to limit your options and even your autonomy in various aspects of your personal and professional life.
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    Tags: Contract Review


    Are physician contract reviews really necessary?

    Residents, fellows and seasoned physicians alike can benefit from a physician contract review by an attorney specializing in physician contracts. Whether it’s your first contract out of residency or the next in a long line of agreements you’ve signed with hospitals and private practices over the years, knowing your contract has been reviewed by an physician-only attorney familiar with physician agreements gives you the carefree confidence you need to get back to doing what you do best: practicing medicine.
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    Tags: Contract Review


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