Anesthesia & Pain Management Success
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244 episodes
A Donor Advised Fund (DAF) is a giving account established at a public charity that allows donors to make charitable contributions and receive tax deductions. DAFs are popular because of their versatility, which allows donors to give whenever and however much is most favorable to them. In this episode replay, Jim Giese, CPA, JD, and part of the healthcare tax team at Wipfli, shares his knowledge on donor advised funds and why you might want to consider doing this as a part of your financial plan. Learn more: https://apmsuccess.com/235 Watch the video: https://apmsuccess.com/235v Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar
Today we welcome back Zed Williamson, a seasoned entrepreneur and expert in healthcare practice optimization. Zed shares the transformative approach his team employs to address the challenges practices face in capitalizing on increased patient volume. Instead of blaming external factors, Zed advocates for a deeper understanding of human behavior and the dynamics within healthcare settings. Discover why attracting more patients isn't always the solution, and learn how to identify and engage with the right patients for your practice. Learn more: https://apmsuccess.com/234 https://apmsuccess.com/234 Watch the video: https://apmsuccess.com/234v
What are the financial benefits of homeownership? Is homeownership the best financial move you can make to solidify your long-term wealth goals? Today I’ll answer these questions and more as I continue the homeownership vs. renting theme I began last week. If you’re considering buying a home and want to get insight into the financial benefits you can take advantage of, this episode is for you. Learn more: https://apmsuccess.com/233 Watch the video: https://apmsuccess.com/233v Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar
When is the right time to purchase a home? Today I am explaining some of the crucial factors influencing the decision to buy a house or simply rent. From career transitions to personal circumstances, I share the specifics of when and why purchasing a home might be the right move for you. Learn more: https://apmsuccess.com/232 Watch the video: https://apmsuccess.com/232v Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar
You may have heard that I have been co-hosting some of the shows with Dr. Jimmy Turner. This week on , you’ll get to hear a recent discussion I had with Dr. Turner, where we revisit important themes regarding contracts, salaries, raises, bonuses, and more. Listen in to gain a better understanding of what goes into salary calculation and what path to take when negotiating a fair contract. Learn more: https://apmsuccess.com/231 Watch the video: https://apmsuccess.com/231v Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar
Running operations in the current healthcare landscape is challenging – so how can independent practices run effectively and efficiently amidst all the changes? Jack Dillon, CEO of Anesthesia Practice Consultants in Michigan and the Executive Director of the Association for Independent Medicine, joins the show today to share his thoughts on this and more. Learn more: https://apmsuccess.com/230 Watch the video: https://apmsuccess.com/230v
The 2024 tax season is upon us, and so is the annual episode that will equip you with the knowledge you need to deal with your taxes in simpler and more efficient ways. Today, Evgeni Ivanov joins me to share the important things for you to pay attention to and consider as you work on handling taxes this year. Join us for our rundown of all the tax code adjustments coming, key tax savings to look for, important upcoming dates, and more. Learn more: https://apmsuccess.com/229 Watch the video: https://apmsuccess.com/229v
Do you ever wonder how to make your business more efficient so you can avoid being the bottleneck? I’m excited to have Zed Williamson back on the show to talk about what he’s currently working on with independent physician practices. Listen in as he outlines specific ways he helps physicians gain a clear vision and build an executable system that allows their practice to thrive. Learn more: https://apmsuccess.com/228 Watch the video: https://apmsuccess.com/228v
Dr. Brian Schmutzler is a seasoned anesthesiologist well-versed in academia, private practice, and locum work. His unique combination of medical expertise and business savvy provides a fresh perspective on the multifaceted world of anesthesia. We welcome Dr. Schmutzler back to the show to offer his valuable insights into the evolving landscape of anesthesia in 2024. Learn more: https://apmsuccess.com/227 Watch the video: https://apmsuccess.com/227v
Dr. Brian Schmutzler is a seasoned anesthesiologist well-versed in academia, private practice, and locum work. His unique combination of medical expertise and business savvy provides a fresh perspective on the multifaceted world of anesthesia. Today Dr. Schmutzler joins the show to discuss the intricate landscape of anesthesia providers, exploring the various educational paths and scopes of practice for anesthesiologists, CRNAs, and AAs. Learn more: https://apmsuccess.com/226 Watch the video: https://apmsuccess.com/226v
Dr. Josh Lumbley, Chief Quality Officer at NorthStar Anesthesia, joins the show today to share his career journey and where he sees the future of anesthesia going. In this episode, he opens up about the challenges he faces in ensuring consistent anesthetic outcomes, navigating the complexities of negotiations in the healthcare sector, and setting future goals for quality assurance. Learn more: https://apmsuccess.com/225 Watch the video: https://apmsuccess.com/225v
Even if you're not a future client, my goal is to arm you with knowledge for financial success and progress. In this episode, I will be sharing updates on APM Wealth and what you can expect for the coming year in terms of the podcast. Tune in for valuable insights to kickstart your financial journey in 2024! Learn more: https://apmsuccess.com/224 Watch the video: https://apmsuccess.com/224v
Why do doctors have a bad rap when it comes to investing? In this episode, I’ll address the relatively common thought that doctors tend to be poor investors and invest more often in “hair-brained schemes” than most people. We’ll be unpacking the reasoning (good and bad) behind this stigma, where doctors tend to get caught up, and practical ways to avoid poor investments. Learn more: https://apmsuccess.com/223 Watch the video: https://apmsuccess.com/223v
This week, we're revisiting a previous episode that serves as a valuable tool for investors looking to optimize their behavioral, mental, and intellectual approach to position themselves for success. Successful investing and wealth-building often involve not winning every battle, but choosing which battles to fight at all. This episode serves as a deep dive into this subject, emphasizing the importance of being proactive in your decision-making process. Learn more: https://apmsuccess.com/222 Watch the video: https://apmsuccess.com/222v
As we move into the holidays, it’s a good time to reflect, recap, and take stock of how things are going. When trying to figure out what things are working (or not), what you need to change, and where the opportunities are, it is really helpful to take a closer look at your savings rate. In this episode, I’ll be taking a look at savings rate (the mother of all financial variables) from a new angle that can add a lot of value to your finances. Learn more: https://apmsuccess.com/221 Watch the video: https://apmsuccess.com/221v
Does a partnership truly serve as a beacon of career advancement for associate physicians, or is it a mirage that ultimately depends on specific circumstances? Today I dissect the concept of physician partnerships, shedding light on their benefits and potential drawbacks. If you're pondering whether to own a share in a medical business or stick with your role as an employee, I'll break down some key factors to consider. Learn more: https://apmsuccess.com/220 Watch the video: https://apmsuccess.com/220v
You may be aware that health savings accounts (HSAs) are a great way to cover healthcare costs with pre-tax money. However, this tax-efficient savings account can also be used as a very important tool for financial independence. So, how can HSAs help you as you save for retirement? In this episode, I will be breaking down how HSAs work, what the best utilization of an HSA is, and who should be considering taking advantage of this little-known tool. ** THIS IS A RE-RELEASE OF EPISODE 171** Learn more: https://apmsuccess.com/219 Watch the video: https://apmsuccess.com/219v
Today Dr. Tony Vullo, an experienced anesthesiologist, joins the show to discuss his career, sharing the motivations that led him into the world of medicine and—more specifically—anesthesiology. Steered by a desire to challenge himself intellectually and realize his dreams, Dr. Vullo shares his experiences in choosing a different career path, as well as the advantages that come with it and how it can significantly enhance your lifestyle. Learn more: https://apmsuccess.com/218 Watch the video: https://apmsuccess.com/218v
Are you a physician looking to excel not just in clinical practice, but also in managing your career and building wealth? In this episode, we delve into the critical aspects of physician practice management and wealth-building with insights shared from a recent guest appearance on . Hosted by Dawood Sayed, MD, and Patrick Buchanan, MD, this conversation covers essential topics like choosing the right practice, deciphering employment contracts, and strategies for building wealth as a physician. Learn more: https://apmsuccess.com/217 Watch the video: https://apmsuccess.com/217v
Are your investments truly performing to their full potential? In this episode, we delve into the critical aspects of investment and portfolio performance that every physician should consider. We'll address key questions to ask when evaluating your portfolio's success or assessing a potential advisor for your stock market investments and more. Learn more: https://apmsuccess.com/216 Watch the video: https://apmsuccess.com/216v
Today we're joined by Larry Keller, a renowned expert in physician disability insurance, as he sheds light on the evolving landscape of disability insurance. Larry delves into the current hot topics within the industry, providing valuable insights into recent changes and emerging trends. You'll gain a deeper understanding of what to look for in disability insurance and crucial steps to avoid potential missteps that could jeopardize your coverage. Learn more: https://apmsuccess.com/215 Watch the video: https://apmsuccess.com/215v
Today we dive into the world of student loans with Meagan McGuire, a Certified Student Loan Professional with extensive expertise in student loan policy and planning. Meagan, who has advised on over $380 million of student debt, sheds light on the implications of student loans resuming after a hiatus and offers crucial insights for borrowers. You'll gain valuable knowledge about choosing the right repayment plan, especially if you're a medical professional looking to minimize payments. Meagan also discusses strategies to keep your payments manageable while pursuing Public Service Loan Forgiveness (PSLF), including the option to exclude spousal income by filing separately. Learn more: https://apmsuccess.com/214 Watch the video: https://apmsuccess.com/214v
Dr. Bryan Marascalchi, a seasoned Anesthesiologist and Pain Medicine Physician at Vanderbilt University Medical Center, joins the show today to dive into the tangible impacts of digital health on pain management. In this episode, Dr. Marascalchi shares the practical facets of his digital health company, shedding light on how it effectively removes uncertainties from pain management by employing data-driven strategies. Learn more: https://apmsuccess.com/213 Watch the video: https://apmsuccess.com/213v
Today we are talking about a crucial financial aspect: spousal life insurance. As a financial advisor, I've encountered tragic stories that highlight the significance of proper life insurance coverage. At the heart of the discussion are two often overlooked mistakes in financial planning regarding life insurance for homemaking spouses: the economic value replacement mistake and the opportunity cost overlook mistake. Learn more: https://apmsuccess.com/212 Watch the video: https://apmsuccess.com/212v
In this final segment of our two-part series with tax expert Evgeni Ivanov, we dive back into the complex realm of business transition. Focusing on the distinction between a stock sale and an asset sale, this episode unravels the critical factors that should be considered. While tax implications remain a central focus, they are only a small piece of the puzzle. Listen in as Engeni shares other considerations that steer the choice between a stock sale and an asset sale. Learn more: https://apmsuccess.com/211 Watch the video: https://apmsuccess.com/211v
This is the first of a two-part series tailored for practice owners contemplating the sale and transition of their practices. In this episode, we're joined by tax expert Evgeni Ivanov, Senior Manager at Wipfli LLP, to explore a crucial aspect of deal structuring: installment sales. Learn more: https://apmsuccess.com/210 Watch the video: https://apmsuccess.com/210v
Dr. Jay Kumar is an interventional pain physician based in North Carolina, and he joins the show today to share his journey through training, academics, and private practice. He offers a glimpse into the process that led him to working in—and growing more passionate about—interventional pain, as well as what it really takes to gain the confidence and skills needed to launch a private practice successfully. Learn more: https://apmsuccess.com/209 Watch the video: https://apmsuccess.com/209v
Today we will explore the crucial aspects of launching a successful pain practice, focusing on two specific operational variables: patient volume and contracts with reimbursement rates. Patient volume serves as a fundamental key performance indicator (KPI) for any viable practice, and understanding the optimal number of patients needed for success is essential. Identifying key drivers to attract patients, determining baseline average revenue for new patients, and strategically allocating marketing budgets are critical components in ensuring a steady and sustainable patient flow. We will delve into targeted marketing strategies to address niche patient needs and how marketing spend plays a pivotal role in achieving patient volume goals, thereby laying a solid foundation for your practice. Learn more: https://apmsuccess.com/208 Watch the video: https://apmsuccess.com/208v
Dr. Krishnan Chakravarthy is an expert anesthesiologist with a unique specialization in multi-modal pain management. In this episode, he delves into the fascinating world of pain management start-ups and med-tech. Dr. Chakravarthy emphasizes the significance of understanding the key problems in the industry when developing core technologies for the market. He sheds light on his team's mission to make cutting-edge technology more accessible and affordable, aiming to reach a broader population in need of specialized care. Learn more: https://apmsuccess.com/207 Watch the video: https://apmsuccess.com/207v
Today we dive into a tax topic specifically tailored for private practitioners and business owners operating under S-Corps, C-Corps, or LLCs taxed as such. We explore the intriguing Augusta Rule, which derives its name from Augusta, Georgia. Historically, homeowners near Augusta National would rent out their houses during an annual tournament, generating rental income that the IRS sought to tax. The Augusta Rule is a unique provision in the tax code that allows for the tax-free rental of a personal dwelling for up to 14 days. Learn more: https://apmsuccess.com/206 Watch the video: https://apmsuccess.com/206v
