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| Updated Jul. 30, 2010 |
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| The Business of Private Practice
Medical schools provide future doctors with a great deal of information; however, they neglect to teach them how to manage the finances of a practice, including how to determine a budget, read a financial statement, control inventory, and maintain the bottom line. FEBRUARY, 2010 |
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| Physician Finance 101: Strategies To Manage Finances
During oncology fellowship training, a physician’s financial concerns may be limited to figuring out how to survive on very little—financial planning is fairly simple when it involves no more than deciding whether or not to find a roommate to reduce the cost of living. APRIL, 2009 |
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| Negotiate Salary Like a Pro
As oncology fellows make the transition from training to practice, one of their first tasks will be to negotiate compensation for the services that they will be providing. The size of the salary negotiated will depend on several variables, including location and whether the position is in a community practice, a government institution, academia, a research facility, a laboratory, or a pharmaceutical company. APRIL, 2009 |
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| E-Prescribe: See Financial Gains
E-prescribing, succinctly put, is the ability to write a prescription via a computer system and electronically transmit that information to a pharmacy. The Medicare Improvements for Patients and Providers Act (MIPPA) of 2008 includes financial incentives—bonuses of 0.5% to 2% of total Medicare Part B payments—for physicians who adopt electronic prescribing through 2013. APRIL, 2010 |
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| Avoid Malpractice in a New Era of Medicine
It is unlikely that a physician will encounter a lawsuit at the beginning of his or her career, but medical malpractice issues are something that most physicians will face at one time or another. APRIL, 2009 |
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DISCLAIMER - Oncology Fellow Advisor® is brought to you as a professional courtesy by Lilly USA, LLC, and McMahon Publishing.
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