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Welcome to the blog!
A repository of articles about things doctors didn't learn in medical school, covering side gigs, finances, the business of medicine, life in medicine, and more. These resources are intended to take a deeper dive into specific topics referenced in our educational pages.
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How Capital Gains Are Taxed: Short-Term Vs Long-Term Gains
What classifies as a capital asset, when taxes on earnings are owed, short-term vs long-term capital gains tax rates, & tax strategy when selling appreciated assets
Receiving Non-Qualified Stock Options (NSO) as Compensation for a Consulting or Startup Advisory Position
What doctors considering startup advisory or consulting positions should know about receiving non-qualified stock options (NSO) as compensation, NSOs vs incentive stock options (ISOs), tax implications, & more
Self-Publishing vs Traditional Publishing: How to Decide the Right Path for Your Book
Key differences to know when deciding between traditional vs self-publishing a book, including difficulty, costs, control, timelines, distribution, & marketing
Investing in Gold: Pros, Cons, and Getting Started
A primer on investing in gold, including why the commodity holds value & what determines changes in price, pros and cons, & how to invest in gold in different ways
Physician Contracts: Navigating Side Gigs Restrictions from Employers
What doctors who want to do side gigs should negotiate in employer agreements to remove restrictions or contract clauses that own, don’t allow, or limit outside work
Side Gigs Doctors Can Do From Home
Flexible side gigs doctors can do from home for extra money with spare time, including clinical & nonclinicial medical opportunities, content creation, & investing
Outsourcing Medical Billing vs Keeping RCM In-House: Pros and Cons for Private Practices
Pros and cons of outsourcing revenue cycle management (RCM) services vs keeping billing in-house, and how to decide what option is better for your private practice
How Much Does a Side Gig Have to Make to Be Worth It for Physicians? A Dive into the Earning Potential of Popular Side Hustles
How much doctors say a side gig must make annually to be worth it financially, & which side hustle opportunities to consider in each range based on earning potential
Investing in Residential Assisted Living (RAL) Facilities
An overview of residential assisted living as a niche asset class within real estate investing, pros and cons of running an RAL facility, & how to get started
Can I Treat Medicare Patients in a Direct Primary Care (DPC) Model?
What physicians with Direct Primary Care (DPC) practices need to know about treating Medicare patients & best practices to avoid compliance challenges & violations
How to Get Advisory Board Positions as a Doctor
How doctors seeking advisory board positions can position themselves to receive offers to be an advisor for startups or become board members for healthcare companies
Do I Need an LLC or PLLC for My Physician Practice or Side Gig?
How physicians choosing an entity for their private practice or side gig should approach the decision between an LLC or PLLC, and why the state may not give a choice
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