Strategies for today's markets

Tariffs are poised to drive up costs, strain staff, and shrink patient payments—here's what practices need to do now to stay financially resilient.

James M. Dahle, MD, FACEP, founder of The White Coat Investor, joins the show to discuss physician finances.

Tariffs are set to drive up costs across industries — including health care — impacting everything from medical supplies to retirement accounts. Take a look at the ripple effects on medical practices and some proactive strategies for physicians to stay one step ahead.

Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.

New tariffs from the Trump administration exempt pharmaceuticals but may still raise costs and disrupt supply chains for medical practices.

Discussing costs with patients is a conversation many physicians avoid, but they're doing their practice a disservice.