Financial Residency

We all have patients who frustrate us and we consider "difficult" because they don't follow the rule book for good patient behavior.  You will never change their behavior but the good news is that you can actually change the way you think about difficult patients. Dr. Joan Naidorf is a board-certified emergency physician and has practiced for nearly thirty years in the busy emergency departments o...

Melanie Heniff, MD, JD, is Chicago native and obtained her MD from Rush Medical College in Chicago before completing a combined residency program in Emergency Medicine and Pediatrics at Indiana University School of Medicine in Indianapolis. She is triple boarded in Emergency Medicine, General Pediatrics, and Pediatric Emergency Medicine. She recently obtained her JD from Indiana University Robert...

I've been considering investing in real estate, but I'm not really motivated enough or interested enough to move forward. My wife and I put some money in a fund of funds, but with all of the fees, there's not much money being made. Actually, I don't think there's any yet. My wife and I were recently at a vacation destination driving distance from our home and got to thinking… could we get a vacati...

Omolara Thomas Uwemedimo, MD, MPH,   is a business development and funding coach for women of color in healthcare and serial entrepreneur, growing 2 companies to multi-six figures in revenue in less than 18 months. During her intrapreneurial career as a pediatrician for over 15 years, researcher & professor for over a decade, she secured $2 million in grant funding and has led inter-professional t...

Back for her second appearance is Dr. Stephanie Sogg, a clinical psychologist from the MGH Weight Center where she has treated patients with obesity at the MGH Weight Center since 2003. One our previous episode, we discussed the importance of language when discussing someone's weight, so on this episode, we talk about when and how to bring it up. We talk about how body acceptance is actually impor...

Back for her second appearance is Dr. Stephanie Sogg, a clinical psychologist who has been at the MGH Weight Center since 2003. One our previous episode, we discussed the importance of language when discussing someone's weight, so on this episode, we talk about when and how to bring it up. We talk about how body acceptance is actually important to sustained weight loss, although on the surface it...

T. Marc Calvert, J.D. founded Calvert & Associates in 1996. His goal has always been to provide the highest quality of legal service to those who ask for his help. I asked for his help regarding what to say to a patient when you have a complication. Do we apologize? Not apologize? How much information do we disclose?    We were introduced by Gita Pensa, an emergency medicine physician at Brown and...

Provident Healthcare Partners is an healthcare specific investment banking firm whose services include mergers and acquisitions, equity and debt financing, and strategic advisory. On today's show, we have Directors AJ Shekar and Scott Davis. AJ is responsible for business development and deal execution across a range of healthcare services industries. During his tenure, he has advised dozens of co...

Deena Kishawi, MD, is a Chicago-based OBGyn resident physician who is particularly interested in health outcomes that are unique to Middle Easterners and North Africans residing in the United States. With her fluency in the Arabic language, her research with Muslim patients in healthcare, and her work with immigrant, refugee, and first-generation communities in Chicago, she is currently conducting...

When you are close to retirement private equity may come calling. What does a physician need to do when approached by private equity? What is there to consider? Everyone's situation is different. There are advantages and disadvantages to selling to private equity and the same when keeping a practice private. One of the major draws is that private equity tends to offer a considerable amount of inco...

We make about 10,000 decisions every day! How do we know what decisions are the best ones? There are times that we may jump at the first thought because of excitement. We may think of the immediate outcome instead of the long-term outcome. Are there things we can do to ensure our process for decision-making is a good one? In this episode, Ryan and Paula Pant of Afford Anything discuss what to cons...

When you are close to retirement private equity may come calling. What does a physician need to do when approached by private equity? What is there to consider? Everyone's situation is different. There are advantages and disadvantages to selling to private equity and the same when keeping a practice private. One of the major draws is that private equity tends to offer a considerable amount of inco...

Sometimes we set financial goals that will be great to achieve, but we do not have a good plan of how to reach that goal. The goal may be set too high or be too easy. What is the motivating factor that pushes us forward towards it? In this episode, Ryan and Jimmy discuss the art of making a good achievable goal and how to plan for working towards it.  We can have an idea for a goal. Now it is time...

Navin Goyal, M.D. is a physician and entrepreneur who serves as CEO of LOUD Capital, early-stage venture capital and alternative investment firm leveraging capital, entrepreneurship, and education to grow impactful companies across the globe. Navin strives to make venture capital more purpose-driven, inclusive, and impactful. The beginning of his entrepreneurial journey was co-founding OFFOR Healt...

Working towards financial freedom as a physician has quite a few moving parts. Where do you need to invest? What do you do when you pay off student loans? What are things to think about as you look at your financial future? There needs to be a balance to reap the benefits of financial freedom. Understanding the long-term mindset and generating enough cash flow to reach the point of financial freed...

Lawyers often need some additional help from an expert in a specific field. Medical expert witnesses are often used to prove an argument by the prosecution or defense. Common misconceptions among physicians may prevent them from becoming one. While consulting for personal injury and medical malpractice firms in the Boston area, Dr. Amy G. Fogelman noticed a void in the consulting field, which her...

It's that time! You are ready to buy or sell a house. It can be your first house or moving into a new home after selling your previous one. Do you need a real estate agent? How do you find a good one? Do they understand your situation? You are about to make a major decision that can affect you for years. As a physician, there are things to consider because of the profession. Avoiding mistakes such...

Most people have heard of a placebo but what about a nocebo? What are the ways to use nocebo in both a patient-doctor relationship? We talk about the placebo effect and its evil twin, the nocebo effect. A physician can enter dicey ethical territory that comes with recommending an intervention that you know only works if the placebo effect occurs. What is the correct approach for using either?  Tod...

Student loan debt can pile up quickly! Once you graduate you may have a student loan mountain to take down. That is what happened to Dr. Cathy Carroll. She ended up with $160,000 in student loan debt. What she was bringing in was barely enough to cover all her expenses! Something had to change! She started working for Locums and it has helped her pay them down. In this episode, Dr. Carroll discuss...

Carmen Brown, MD, is an author, blogger, practicing OB-GYN, and managing partner and founder of ExpatMD. She currently resides in Melbourne, Australia with her husband and young son. Dr. Bradley Block and Dr. Brown talk about how she ended up practicing down-under, how to make it happen, what some of the differences about practicing down there and focused a bit on the practice of OB-GYN. She dispe...

As a certified life coach, Kate Mangona, M.D. enthusiastically hosts the Medicine, Marriage & Money Podcast where she helps married women physicians with children spend less time arguing with their spouse and more time reigniting the sparks once felt during their honeymoon. Fun, right? We think so!  In this episode, Dr. Bradley Block and Dr. Kate Mangona address the non-financial challenges that a...

Working locum tenens assignments has its advantages— one of them, being able to afford your dream home. Our next guest, Doug Crouse, Mortgage Loan Officer at UMB Bank, talks about his experience helping physicians working locums get ready as they embark on the physician mortgage journey! Today's sponsor is  Locumstory . To find out more visit  https://www.financialresidency.com/locumstory  to find...

Dr. Bradley Block of The Physician's Guide to Doctoring has got something special for our audience up his sleeve! Join us every Friday for a new show and new sound on our podcast for the month of November! Let's begin episode 2 of 5! After experiencing paralyzing burnout as a newly-minted primary care physician, Dr. Diane Shannon made the hard decision to leave practice and pursue a career in writ...

Ever thought about working for Locums? What is it like? Today you will hear the ins and out of working Locums! It's a panel discussion with four experts. Learn about when to start, what to expect, what to look out for, and more. Ryan, Joan, Rip, and Nick answer listener questions. All of them use Locumstory for their Locums assignments. Ryan, Joan, Rip, and Nick give their insight from different p...

Dr. Bradley Block of The Physician's Guide to Doctoring has got something special for our audience up his sleeve! Join us every Friday for a new show and new sound on our podcast for the month of November! Let's begin episode 1 of 5!   Talya Miron-Shatz, PhD , is a leader in research at the intersection of medicine and behavioral economics.  She is CEO of CureMyWay, an international health consult...