Emergency funds, retirement accounts, and more.

2021 year-end financial planning checklist

Topics

After a 15-month fight with Long COVID, author Lucien W. Roberts, III, MHA, FACMPE, retired in February 2022 on the advice of his primary care doctor and his wife…perhaps not in that order.In retirement, he spends a few hours a week at a freestanding infusion center he co-owns, writes the occasional article, and tries not to drive his wife too crazy.He may be reached at 

Articles

The Medicare cuts are deeper than advertised.

Top line cuts and bottom-line math: The true impact of Medicare’s proposed cuts

Andrea Carmine is the Content and Social Media Manager at 

. With over 5 years of experience in digital marketing, social media management, content, and social media strategy, Andrea is an expert at developing and executing the company's online marketing initiatives including website content, blog posts, social media content, and email campaigns. Andrea is a graduate of Florida International University with a BA in Communication and Media Studies.

Small Business Administration (SBA) loans are a popular option for medical practices looking to purchase new equipment, but these loans have a long application process and extensive paperwork requirements. 

How alternative funding can help medical practices upgrade equipment

Travis Schneider is Co-founder and Chief Corporate Development Officer for Tebra, a leading cloud-based healthcare technology platform. In his role, Travis oversees M&A and strategic partnerships for the organization.

In 2021, PatientPop, a leader in practice growth technology, merged with Kareo, a leader in cloud-based clinical and financial software. Travis was Co-founder and Co-CEO of PatientPop, where he oversaw all aspects of strategy, sales, and business development. He is enthusiastic about leading the integrated corporate development for Tebra.

Before co-founding the company, Travis co-founded and served as CEO of ShopNation. He also co-founded and served as CEO of StarBrand Media. The businesses were acquired by Meredith Corporation and POPSUGAR, respectively.

Travis holds an honors degree in business and economics from Wilfrid Laurier University. He is also a two-time recipient of the KPMG Enterprise Entrepreneur Award.

Contrary to popular belief, the healthcare sector has never been recession-proof.

Top recession-proofing strategies for independent practices

Take a look at both types of funding; including what they are, their advantages, and their disadvantages.

Comparing small business loans: Alternative funding vs. SBA loans

, JD, has practiced law exclusively in the areas of asset protection, risk management and wealth preservation for the last 16 years. He helps protect a national client base with more than $5 billion in personal assets, including several thousand physicians. He is a contributing author to multiple books for physicians and a frequent medical conference speaker and CME presenter. 

Videos

With inflation on the rise, it takes proper planning to keep your assets safe.

The fear of inflation and recession

Dave S. Gilreath, CFP, is a 40-year veteran of the financial services industry. He is a partner and chief investment officer of Sheaff Brock Investment Advisors LLC, a portfolio management company for individual investors, and Innovative Portfolios LLC, an institutional money management firm. Based in Indianapolis, the firms manage nearly $1.4 billion in assets nationwide.

Fear that a market-punishing recession is right around the corner seems ubiquitous.

Financial apocalypse isn’t upon us

For primary care practices, earning enough revenue to meet overhead expenses and provide quality care has always been a challenge. But practices often make the challenge even greater through sloppy coding and billing, leading to delayed or incorrect reimbursements from payers.

Bootcamp 2022: The foundations of a great tax plan

Alexis E. Gallati, EA, MBA, MS Tax, CTP, is the founder and lead tax specialist at Cerebral Tax Advisors and the author of “Advanced Tax Planning for Medical Professionals.”

Medical practices have many legal tax-reduction strategies available to them and the strategies are not limited to the ultra-rich.

The best tax strategies for your business

The type of lender and the type of funding you’re applying for impacts the loan documentation required.

Small business loan documentation requirements for medical practices

Physicians who institute best practices bring in more revenue and profit than those who do not, and this can be the difference between being successful and being out of business.

Finance

2021 year-end financial planning checklist