The Prosperous Doc

"It's more than just numbers. There's an emotional component, a psychological component there, that money has meaning to us, that we ascribe to it,” says Ashley Quamme . “And when we make financial decisions, it's not just making financial decisions from a number standpoint, but it's also making it from an emotional place as well.” A therapist and Certified Financial Behavior Specialist®, Ashley i...

Women in medicine encounter unique challenges and opportunities. Five female physicians who formed a tight-knit bond during medical school have been actively examining these issues.  Over the past few years, they have shared their experiences and developed strategies to support women in various aspects of their medical careers, including applying to medical school, navigating residency and fe...

Healthcare access is not equal across all countries around the world. Pediatric orthopedic surgeon Dr. Brian Scannell is actively working to address this issue. Recently, he resumed his passion for medical missions, embarking on a journey to provide essential care to underserved communities.  In this episode of the Prosperous Doc Podcast, as Dr. Scannell joins host Shane Tenny, CFP®, to share...

Every physician has felt it before: You have a bad day or work is stressing you out, and you start imagining what life would be like if you were doing something else. Most of us shake it off after a good night's sleep, but what do you do if that feeling doesn't go away? You don't necessarily want to leave medicine with all the time you have invested in your education and training. And changing car...

Having a well-oiled team is a crucial piece of any successful business. Medical practitioners running their own practices are no stranger to the impact of employee turnover. In this episode of the Prosperous Doc®, Shane Tenny, CFP®, speaks with Dr. Michael Neal about the importance of building a strong team and hiring and retaining the right people.  Dr. Neal practices optometry alongside his...

Physicians go to school to become physicians, right? Well, most of the time that’s true. Sometimes physicians go through all their many years of med school, residency, and fellowship to find that they’re actually more interested in research. Dr. Toyosi Onwuemene is one such physician, choosing to become a clinician researcher. And she thinks there’s room for more doctors like her. “It's very obvio...

Studies from the Medical Group Management Association (MGMA) and Healthgrades have confirmed that patients overwhelmingly want their physician providers to not just be smart and technically astute, but to also show compassion, comfort, patience, personality, and bedside manner. “The patient will never care how much you know until they know how much you care.” This quote aptly summarizes today’s ep...

Dr. Christine Meyer’s negative experience working as an employed physician in poorly managed medical practices motivated her to become an independent doctor and launch her entrepreneurial career with her husband. The pair believed that they could provide better patient care through their own venture.  “I think the movement towards value-based care in medicine has been tremendous and so enjoya...

“Part of my identity was just being a doctor. I never thought I could do things outside of medicine,” says Dr. Michele Cho-Dorado, who wrote a children’s book about financial literacy and founded her own company to spread this knowledge to more children. But Dr. Cho-Dorado didn’t start as an entrepreneur or financial literacy expert. Her own knowledge gap prompted the creative leap. “I was about e...

“We’re recording this in mid-2023,” host Shane Tenny says. “Already, there have been more mass shootings in our country than there have been days in the year. We're pacing about 330 mass shootings as it's often defined, which is atrocious.” Hearing these numbers is jarring and figuring out how to solve this problem is downright daunting. Where does the solution begin? On this episode of the Prospe...

Too many dentists leave money on the table. Kevin Cumbus, founder and president of the mergers and acquisitions advisory group TUSK Partners, returns for an encore presentation on how dental practices can understand their options and maximize their valuation before selling to a dental support organization (DSO). In his previous interview , Kevin explained how dentists have more choices than ever f...

Owning a dental practice is hard work. After years of serving the community and dealing with insurance companies, many dentists are ready to sell to the first person who gives them an offer. Kevin Cumbus says to wait. Kevin is the founder and president of TUSK Partners, a firm that specializes in selling successful dental practices to dental support organizations (DSOs). TUSK has closed $850 milli...

Dr. Carlos Moretta’s path into dentistry rather than medicine was, quite literally, an accident. Having decided he wanted to enroll in the radiology tech program at his local community college in Grand Rapids, Michigan, Dr. Moretta went up to an information desk and found he was in the wrong wing. The receptionist, instead, gave him a few brochures about the dental hygienist program, which told Dr...

Dr. Harvey Castro is passionate about many things: healthcare and tech being two of them. Luckily, for the medical world, he has found a way to marry those passions and help others succeed in the healthcare and digital health sectors.  In this episode of the Prosperous Doc®, our host Shane Tenny, CFP®, welcomes Dr. Harvey Castro to discuss the future of AI and Chat GPT in healthcare and medic...

Creating a positive organizational culture is crucial for the success of a medical or dental practice.  Tom Loeblein, President and CEO of Healthcare Management Consultants and The Dental CFO, dedicates his career to building a strong culture within practices. He shares his insights on this episode of Prosperous Doc®, including why skills aren’t the only thing to look for when hiring.  C...

As a healthcare attorney and practice consultant at Knowledgeable Aging, Anu Murthy, Esq. is no stranger to contractual language and logistics. Anu previously joined host Shane Tenny to talk about healthcare workers making the most of their employment .  Anu has expertise in medical employment contracts, partnership agreements, and other practice-related business matters — making her the...

In a 2014 survey, the medical network Doximity found that over 72% of residents had negative feelings about negotiating their compensation, including feeling stressed, concerned, anxious, or lost.  31% of physicians felt prepared to network, while only 9% felt ready to negotiate. It wasn’t just first-time attending doctors who felt that way — doctors seeking raises were also affected.  I...

Many years ago, Beth Lachance realized that there was an opening for virtual professionals in medical and dental practices. She began working on her business plan and fine tuning what would become REVA Global Medical.  In this episode of the Prosperous Doc®, our host Shane Tenny, CFP® welcomes Beth Lachance, CEO of REVA Global Medical, to discuss how she became one of the leaders in the virtu...

Dr. Orman spent 21 years working in clinical community emergency medicine. In the first 10 years of his practice, he experienced three severe burnouts. Without much guidance, he thought the solution was to work harder - grit it out. Soon after his third major bout of burnout, Dr. Orman realized that his current way of life wasn’t sustainable.   So, he switched gears to work in medical ed...

“We have 1,440 minutes a day. We tend to be pretty careful thinking about our finances or our money, but ironically, we can always make more money, but we can never make more time,” says Dr. Christina Shenvi, MD, Ph. D.,MBA.  Dr. Shenvi is no stranger to the challenge of time management. Having earned a PhD, MD and executive MBA, she was using timeboxing and other techniques before there was...

For those working in medicine and dentistry, having a great team is key to being able to support their patients. Today’s guest wants to help practitioners attract, develop, and retain the right team so they can see their businesses thrive.  Ben Shaver is a certified leadership coach and a business consultant working with medical and dental practices on organizational development, recruiting,...

Dr. Cindy Tsai considers herself a recovering perfectionist. Having been motivated by extremely high standards for much of her life, Dr. Tsai found that her perfectionist tendencies were actually holding her back, impacting her relationships, and causing her to overwork herself. In this episode of the Prosperous Doc®, our host Shane Tenny, CFP® talks to Dr. Cindy Tsai about the root of perfectioni...

From an early stage in her medical education and training, Dr. Zed Zha knew she wanted to do primary care family medicine. The urban market of highly specialized care wasn’t the place for Dr. Zha, given her love for delivering babies, geriatric care, and an interest in dermatology, all of which led to work in rural areas where she could practice a variety of medicinal care.  In this episode o...

Melissa McClung, M.S. didn’t have any plans to be a career coach when she began working at the career center at the University of Kansas Medical Center. But while there, Melissa fell in love with career coaching, and 12 years later, she’s established a niche helping doctors get into residencies and scientists decide whether they want to work in the field or academia. In this episode of the Prosper...

Burnout is one of the greatest challenges with which healthcare providers struggle today. As Dr. Dael Waxman explains, “Burnout happens when there’s a mismatch between the individual factors that a person brings to the system they work in and the system factors of that system.” This dissonance often creates long-term emotional distress. To counteract this, Dr. Dael Waxman focuses on improving phys...