Medical Archives - Panacea Financial

How Doctors Should Negotiate Partnership Agreements, According To Contract Attorneys

By Michael Jerkins, MD MEd / Dental, Employment & Workforce Data, Medical, Veterinary

Do you hope to become a partner in your medical, dental or veterinary practice one day? If so, it’s important to begin an employment contract with that in mind. We spoke to three attorneys who regularly help doctors review and negotiate their contracts — Michael J. Salchert, shareholder at Larkin Hoffman, Jillian M. Clark, transactional …

How Doctors Should Negotiate Partnership Agreements, According To Contract Attorneys Read More »

Tips For Terminating Your Employment Contract For Doctors & Non-Compete Clauses

By Michael Jerkins, MD MEd / Dental, Employment & Workforce Data, Medical, Veterinary

Considering terminating your employment contract or not sure how a non-compete agreement will affect future employment? We asked the experts for their tips for these common employment contract questions. We spoke to three attorneys who regularly help doctors review and negotiate their contracts — Michael J. Salchert, shareholder at Larkin Hoffman, Jillian M. Clark, transactional …

Tips For Terminating Your Employment Contract For Doctors & Non-Compete Clauses Read More »

Here’s What Doctors Need To Know About Employment Contract Negotiation, From Contract Attorneys

By Michael Jerkins, MD MEd / Dental, Employment & Workforce Data, Medical, Veterinary

Whether signing a new contract for your next doctor job or terminating a contract with your current employer, there’s plenty to think about when changing jobs. Don’t let contract negotiation overwhelm you. We spoke to three attorneys who regularly help doctors review and negotiate their contracts — Michael J. Salchert, shareholder at Larkin Hoffman, Jillian …

Here’s What Doctors Need To Know About Employment Contract Negotiation, From Contract Attorneys Read More »

Now, with the official end of the forbearance period looming, many are wondering when payments will restart and how to prepare. Here’s what you should know.

When Does Student Loan Repayment Resume?

By Michael Jerkins, MD MEd / Dental, Medical, Student Loans, Veterinary

For millions of federal student loan borrowers, the COVID-19 pandemic brought a temporary reprieve from the burden of loan repayment through an extended forbearance period. Though repayment was set to resume several times since 2020 repeated extensions meant borrowers haven’t made payments since that time. Now, with the official end of the forbearance period looming, …

When Does Student Loan Repayment Resume? Read More »

Practical Financial Planning Tips For Residents & Fellows

By Ned Palmer, MD MPH / Budgeting & Financial Planning, Match Day & Residency, Medical

Get your finances under control with a fast, practical approach. Use a budget to track your spending. When done right, consolidation and automation of your finances can relieve some of the stress you’re under as a doctor and set a strong foundation for your financial future. As a medical resident or fellow, you are working …

Practical Financial Planning Tips For Residents & Fellows Read More »

What is the Average Emergency Medicine Physician Salary?

By Michael Jerkins, MD MEd / Budgeting & Financial Planning, Employment & Workforce Data, Medical

The mean annual wage for emergency medicine physicians is $316,600, according to the U.S. Bureau of Labor Statistics. According to Medscape, emergency medicine physicians earn an average of $352,000 annually. According to ZipRecruiter, New York is the highest paid state in the U.S. for emergency medicine physicians with a mean annual salary of $319,706. There …

What is the Average Emergency Medicine Physician Salary? Read More »

Relocating can be one of the most complex and arduous steps in the process. Here’s your to do list for residency relocation:

A Resident’s Guide To Relocation

By Michael Jerkins, MD MEd / Match Day & Residency, Medical

Are you relocating for residency? If so, there’s plenty to do between Match Day and the start of your residency program. Relocating can be one of the most complex and arduous steps in the process. Here’s your to do list for residency relocation: Search for your new home Take advantage of residency relocation assistance Pack …

A Resident’s Guide To Relocation Read More »

Mortgage Preapproval. How to get preapproval for a mortgage

How To Get Preapproved For A Mortgage

By Michael Jerkins, MD MEd / Dental, Medical, Mortgages, Veterinary

Considering buying a home? Preapproval is an important early step in the process that can impact what homes you look at. Here’s what you need to know about mortgage preapproval. What Is Mortgage Preapproval? During mortgage preapproval, a lender evaluates a borrower’s creditworthiness and financial capacity to determine how much money the borrower can borrow …

How To Get Preapproved For A Mortgage Read More »

How to Cover Expenses During Medical Residency

By Michael Jerkins, MD MEd / Budgeting & Financial Planning, Match Day & Residency, Medical

Key takeaways: Credit cards, borrowing from friends and family, moonlighting and personal loans are options to mitigate expenses during residency. All have their benefits and drawbacks. Personal loans from doctor-specific lenders can be a better alternative to expensive credit cards. Transitioning from medical school to residency can be tough. From relocation to a new schedule, …

How to Cover Expenses During Medical Residency Read More »

How To Pay Off Credit Card Debt For Doctors & Doctors-In-Training

By Michael Jerkins, MD MEd / Budgeting & Financial Planning, Dental, Medical, Personal Loans, Veterinary

We get it, because we’ve been there. As a doctor or doctor-in-training, you are likely incredibly busy. We know speed and convenience are crucial, so when it comes to paying for anything, it’s easy to reach for a credit card. Credit card debt can quickly become overwhelming, especially for busy physicians, dentists, and veterinarians who …

How To Pay Off Credit Card Debt For Doctors & Doctors-In-Training Read More »

Medical

How Doctors Should Negotiate Partnership Agreements, According To Contract Attorneys

Tips For Terminating Your Employment Contract For Doctors & Non-Compete Clauses

Here’s What Doctors Need To Know About Employment Contract Negotiation, From Contract Attorneys

When Does Student Loan Repayment Resume?

Practical Financial Planning Tips For Residents & Fellows

What is the Average Emergency Medicine Physician Salary?

A Resident’s Guide To Relocation

How To Get Preapproved For A Mortgage

How to Cover Expenses During Medical Residency

How To Pay Off Credit Card Debt For Doctors & Doctors-In-Training

Redirecting to Facebook

Redirecting to Twitter

Redirecting to LinkedIn

Redirecting to Instagram

Redirecting to YouTube