The Room in Your Mind: A Tax Metaphor for Private Physicians
Let’s talk about that dark and easily forgotten room in your mind where you store all your tax obligations. You know the one – it might be looking a bit like your teenage child’s bedroom right about now. There are estimated tax payments scattered about like ghost turds underneath the bed, and that quarterly planning […]
The Value of Mind-Body Patient Care
You most likely see it every day – the patient who presents with chronic pain but whose eyes tell a different story. You’ve been trained to spot physical anomalies from across the room, but are you catching the psychological undercurrents that could be driving their symptoms? It’s time to acknowledge that treating the body while […]
Your Private Medical Practice – Remembering Your “Why”
Let’s be honest – you didn’t choose medicine because it was easy. No, you were drawn to this noble profession by something deeper, something that speaks to your very core. Perhaps it was that moment when you first witnessed the miracle of healing, or maybe it was the quiet realization that your analytical mind and […]
Holistic Healing and the Successful Medical Practice Mindset
This week I’m going to explore a comparison between the occasional stories of miraculous medical recovery, and the key to unexpected success in your private medical practice. The miraculous synergy of mind and matter, in both cases. You’ve seen it before, haven’t you? That patient who, against all odds, bounces back from a dire prognosis […]
Medicine’s Critical Role in the War on Substance Abuse
As a healthcare provider, you hold a unique position in the identification and treatment of substance abuse. Every patient who walks through your door has a unique story, and sometimes, hidden within that story lies a struggle with alcohol or drugs that they most likely do not even recognize themselves. Your role extends far beyond […]
Fourth Quarter Private Practitioner Wealth Strategies
You’ve made it through three quarters of the year, trusted physician. Congratulations! But before you start daydreaming about holiday eggnog and year-end vacations, let’s talk turkey. Do you see what I did there? I got you thinking about glistening juicy delicious Thanksgiving dinner. But seriously folks. Let’s talk cold, hard cash. The Tax Man Cometh […]
A Teddy Roosevelt-Inspired Approach to Healthcare Reform
I find myself inspired by our travels through the Dakotas the past couple of weeks. One of the first stops we had outside of our home state of Colorado was Mt. Rushmore, where a likeness of Theodore Roosevelt sits third in a row amongst the likes of Washington, Jefferson and Lincoln. August company to be […]
Lessons in Medical Practice Management from the Buffalo Hunters
We are as of this writing on one of our infamous “working adventures,” this time in the Dakotas, and after seeing the Badlands we had the most amazing experience at a tribal school’s annual pow wow the following day. The young people, all the way from kindergarten age through late teens, are keeping the rich […]
A Year-End Tax Strategy for Your Medical Practice
We’ve been plugging away at ensuring all of our practices are making a good estimated tax payment today. (“That’s today?” you ask?) If you’re reading this on the day of publication, September 16, 2024, and you forgot about the estimated tax payment deadline, you have until midnight tonight! See last week’s blog, The 3 Reasons […]
The 3 Reasons Why the 3rd Quarter Estimated Tax Payment Matters
Assuming you don’t have a pending extension, you probably thought you were done with taxes for the year, didn’t you? Welcome to the world of quarterly estimated tax payments, where the fun never stops, and your wallet never catches a break. But before you roll your eyes and reach for that bottle of acetaminophen, let’s […]