In this special tax season episode, we welcome back Evgeni Ivanov, a friend of the show and our resident tax expert, to discuss essential tax considerations for anesthesiologists and pain management physicians. As we dive into the complexities of Form 1040 and its schedules, Evgeni provides invaluable insights into optimizing your tax returns, ensuring you don’t pay more than necessary. Learn more: https://apmsuccess.com/237 Watch the video: https://apmsuccess.com/237v   Need help with...

Transitioning from training to attendinghood can be both exciting and daunting, especially as you approach the culmination of your residency or fellowship. In this episode, we'll uncover six actionable strategies to ease this transition and set yourself up for success in your new role. From negotiating a signing bonus to understanding the nuances of your employment contract, each tip aims to equip you with the knowledge needed to navigate the complexities of entering the attending workforce...

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...

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...

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...

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...

You may have heard that I have been co-hosting some of the Money Meets Medicine shows with Dr. Jimmy Turner. This week on APM Success, 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...

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...

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...

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...

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...

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:...

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** ...

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...

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 The Pain Unfiltered Podcast. 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...

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...

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...