March 21st 2025
Key estate planning changes in 2025: potential tax law shifts, federal exemption sunset, retirement account rules, state death taxes, and cryptocurrency issues.
Protecting a Physician’s Most Valuable Asset: Insurance Basics for Young Dermatologists: Part 2
September 7th 2022Jason M. O'Dell, MS, CWM, and Michael Lewellen, CFP, discuss what young dermatologists need to know about insurance basics to protect themselves in part 2 of their practice management article.
A Health Care Price Transparency Revolution is at Hand
September 1st 2022Payers must make public the individual amounts their health plans pay providers across all types of services and locations, including hospitals, doctors’ offices, imaging centers, outpatient surgery centers and urgent care clinics.
Breaking the High Tech/High Cost Connection to Support Better Health Equity
August 26th 2022Health care costs continue to rise in this country. According to a study by the Peterson Center on Healthcare and the Kaiser Family Foundation, health care spending totaled $3.8 trillion in 2019, $11,582 per person.
Evaluating Job Opportunities: Financial Factors to Consider
May 3rd 2022“Given the difference in state taxes, the bottom-line difference for the physician could be in 6 figures—every year! Compounded with even a conservative growth rate, this could mean millions of dollars of difference over a career.”
Qualified and Nonqualified Retirement Plans: Why Many Dermatologists Should Use Both... but Don’t
April 15th 2022“With a traditional QRP [qualified retirement plan], a participant trades today’s tax rates on their contribution for the tax rates in the future, when they withdraw the money from the plan. If rates rise, the QRP might prove not to be a good deal at all.”
Proper Coding Gets Practices What They Are Owed
April 4th 2022A physician’s goal is to care for patients, but a key part of being able to provide that care is the eternal quest for payment. One way to ensure that a practice maximizes its coding regimen is to make sure each session can be efficiently billed.