Fresh perspective for success in healthcare
Across the country, healthcare practitioners are being impacted by the COVID-19 crisis. The government has instructed practice owners to take extra precautions to prevent the spread of the virus, only taking emergency appointments or temporarily closing, to name a few. But impacts don’t stop there–operational closures and reduced services are also affecting essential staff like dentists, doctors, nurses, and more who support
We’re facing unprecedented times. Businesses are grappling with how to respond to the COVID-19 pandemic as it threatens their day-to-day operations, and their livelihoods. Some are unable to operate unless employees can work safely and remotely, while others are being forced to limit their services and follow strict operational guidelines that are throttling typical revenue. Although business owners and their employees may both be struggling to remain financially secure, there are a number of financial resources
A credit score is considered one of the most important aspects of a professional’s financial health. That number—FICO scores anywhere between 300 and 850, and rates from Poor to Exceptional—has a tremendous impact on an individual’s ability to borrow. Your credit score often contributes to other important factors in borrowing like amount, interest rate, and
As Chief Credit Officer at Bankers Healthcare Group, I’ve spent over a decade analyzing the financing needs and behaviors of healthcare professionals. Based on that experience, I know that combining multiple high-interest debts into single loans not only helps doctors improve their credit scores. Selecting the right program at the right point in your career
I know doctors, sometimes better than they know themselves. That is, at least when it comes to their financing needs. As President of the Lending Division at Bankers Healthcare Group, I speak with healthcare professionals every day about funding. You see, a doctor, really most healthcare professionals, have unique needs and expectations that are dramatically
As a doctor and entrepreneur, Scott Jacobson, D.O., finds financial independence very important. And though the challenge of medicine is enjoyable for him, the costs of operating an independent practice—from facilities and equipment to payroll—add up fast. Dealing with Business Expenses the Smart Way Dr. Jacobson understands that running his independent medical practice takes money
Letitia Barnett had always dreamed of becoming a doctor. When her life shifted gears and becoming an MD was no longer possible, Letitia proudly served her community for nearly 30 years as a registered nurse. While she’s had an excellent career, she was ready to spread her wings and pursue a new venture. Letitia set
Spring has officially sprung, which means that it’s time to do some deep cleaning. Just as you would tackle every corner of your home when the new season hits, your finances deserve the same careful attention. With the first quarter swept under the rug and tax season behind us, here are some ways to help
Healthcare professionals require a lot of training and education. It’s not an easy job (as you know), and when you get home from a long busy day on your feet, the last thing you’re going to want to do is crunch numbers. You take care of people all day, so caring for yourself—especially financially—might feel
Most of us go through our day in somewhat of a habitual way; we have our routines, our patterns, and our responses to what comes at us in our work and in our everyday life. One way to create the best interactions with others that result in the best possible outcomes is to understand your
When we hear about “personal branding,” it’s easy to dismiss the whole idea as Instagram influencer jargon, or something important for entrepreneurs. But in 2019, there’s a growing expectation that everyone will have a strong sense of who they are and what they can offer the working world. So what does “personal branding” mean, exactly?
Loans come in all shapes and sizes, and to find the right one for you requires research and thoughtfulness. For example: personal or business loans can come with fixed rates or variable rates, and the difference between the two is pretty significant, with discrete differences. A fixed rate allows you, as the borrower, to predict and
Budgeting as a business is hard enough. And budgeting as a medical practice presents its own set of challenges. Now that tax season has crashed down upon us, it’s time to start going over last year’s expenses, costs, and Uncle Sam debts. As you go over last year’s files, don’t forget you’re eligible for specific
So many conferences, so little time. We love going to conferences—seeing new emerging technologies, meeting peers and old and new friends, and learning about where various healthcare fields are headed. Going to conferences helps us do our jobs better, and we love that. Here are a few North American expos and conferences we’re looking forward