Fidelity Investments conducted a study that analyzed the retirement behaviors of over 100,000 healthcare professionals including 5,100 physicians. The results are startling. Even though physicians average an annual salary of $300,000, they are not saving enough for retirement.
Read MoreMaybe the last time you walked into a retail-based clinic, you did not see an MD. Maybe the same thing happened at your hospital outpatient clinic or an urgent care center. Physician "extenders" and advanced practice professionals, such primary care pharmacists, nurse practitioners, and physician assistants are winning the war on branding. They and their professional associations have done a good job branding their services while complacent doctors have not. What happened?
Read MoreA series of editorials detailing the obstacles and strategies available to medical professionals who wish to monetize the value of their practice prior to retirement.
Read MoreIn this year alone, there have been 35 bizarre “flash crashes” in American oil markets, essentially meaning that prices dropped significantly and recovered quickly due to automated trading. Prices for West Texas Intermediate crude swung 200 basis points in less than an hour, before recovering at least 75 basis points.
Read MoreAfter a two month lull period, the U.S. labor market came back with a strong report for the month of October. The economy added 271,000 in payrolls while the unemployment rate dropped to 5% which was led by health care, temporary help & retailers according to Sho Chandra of Bloomberg. This is the lowest unemployment rate since April 2008.
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