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    Health & Fitness

    The Physician’s Road

    https://thephysiciansroad.com (www.thephysiciansroad.com)

    The TPR platform is where you create your life in medicine on your own terms.

    Through our 5 Paths to Happiness and Personal Fulfillment Model we provide guides, resources, tools, coaches, and events to help you construct the life you want.

    The 5 Paths are your Wealth, Practice, Health, Relationships, and Personal Development and we use these paths as guide posts to order our lives.

    Your Wealth – Are you optimizing your current monetary resources? Are they working for you to enhance the quality of your life today? Are your financial goals and plans being executed, or are you just someone else’s customer executing their plan with your wealth?

    Your Practice – whether you are in clinical practice or in a non-clinical career, you are still a doctor and there are tools and services that are available to enhance your specific professional journey.

    Your Health – How many of us have sacrificed our own personal, physical, emotional, mental, and spiritual health in pursuit of being the “perfect” doctor? How many times have we put the needs of our patients and family ahead of our own?

    Your Relationships – The good news, Physicians’ divorce at a rate much lower than the population at large, the bad news, physicians have a much higher rate of suicide than the general population. So how do we create more fulfilling relationships that sustain and undergird us as we grow?

    Your Personal Development – Are you feeling restless or stagnant? Do you feel like you have more in you than just being a physician? Do you have gifts and talents that are being unexplored? Are you aligned in your passion and your purpose? What if you no longer want to practice clinical medicine?

    TPR is here to help guide us through all these areas at our own pace. So join us as we as journey down The Physician’s Road.

    Join our Facebook Group – www.facebook.com/groups/thephysiciansroad

    And send us questions or feedback to: feedback@thephysiciansroad.com

    Advertise
    • Apple Podcasts
    • Google Play
    • Spotify

    Latest Episodes:
    Ep. 018 – P – New Private Practice Start-Up – The Steps on How to do it Effectively and Efficiently Oct 03, 2018
    Show notes


    Avoid the hassles and mistakes that come with trying to start a practice on your own without the help of experts.

    Sign Up now to learn how to seamlessly set up your new practice.

    [gravityform id=17 title=false description=false ajax=true]

    In this episode we discuss:

    The timing of when you should thinking about starting a practice out of residency.

    The timeline of what you should be thinking about doing if you are leaving an employed situation and want to open your own practice.

    When you should be getting your:

    NPI (https://nppes.cms.hhs.gov)

    Tax ID #

    CAQH account

    PECOS registration

    And what all of these things are and why you need them to start a practice.

    How to effectively leave your employed group so that you are set up for success when starting your own practice.

    What files you need to update as you leave a place of employment to start your own practice.

    The timeline to get credentialed with Medicare and Medicaid as well as private insurers.

    Learn the #1 mistake physicians make when starting your own practice.

    Learn the top reasons why your Medicare and Medicaid application will be rejected or delayed.

    Learn the how to set up your practice to hire the best staff and how to create your practice's operating procedures.

    Tips on how to choose an EMR and a few examples of the ones their clients love to use.

    Join our Facebook Group

    https://www.facebook.com/groups/thephysiciansroad


    Ep. 017 – W – Physician Mortgages, What They Are, and Why You Should use Them When Purchasing Your Home. Sep 24, 2018
    Show notes

    [gravityform id=18 title=false description=false ajax=true]

    Josh Mettle – Fairway Mortgage Group head of Physician lending.

    Some of the topics we will be exploring in this podcast are:

    Renting vs. Buying in Medical School/Residency/Fellowship from a person who has done thousands of home loans.

    The problems with the way big banks underwrite physician home buyers.

    The problem with just having a pre-approval letter as a physician with student loans.

    The problem with 1099 independent contractor income when trying to qualify for a mortgage from a traditional bank.

    Why the current loan underwriting process creates a disadvantage for many physicians in a competitive real estate market.

    Why going with a traditional mortgage broker or lender in today’s real estate market could cause you to lose out on your dream home.

    Get Josh’s Book – Why Physician Home Loans Fail: How to Avoid the Landmines for a flawless home purchase.





    In this episode you will Learn:

    Why having a physician home loan can give you an advantage when making offers on your home.

    How Josh’s company is able to offer his clients and 17 day guarantee to close when they are making an offer on a home.

    What are the basics of a physician loan. – Also used for dentists, veterinarians, and CRNAs.

    How to get higher loan to value ratios with as low as 5% down up to a million dollars or 3% down for 400-500K loans with no PMI (private mortgage insurance).

    Why you should consider putting less money down on your personal residence home loan.

    What is the process of qualifying for a mortgage, what documents are needed and when.

    Why Condos can be very tricky to purchase, and why you need an expert to help guide you through the landmines of getting a mortgage on one.

    Why you must do your own due diligence on a condominium’s home owner’s association (HOA) before you look to buy.

    What you should be looking for in a physician lender.

    The big mistakes you can make in choosing a realtor to find your home.

    The truth about on-line real estate sites and how using them can put you at a disadvantage in your home buying experience.

    You can listen to Josh’s Podcast here:

    https://itunes.apple.com/us/podcast/eric-tait-md-mba-vernonville-com/id840402872?i=1000344962884&mt=2

    www.Fairwayphysicianhomeloans.com

    Blog: http://fairwayphysicianhomeloans.com/blog/

    Ebook: www.fairwayphysicianloans.com

    Facebook: https://www.facebook.com/docmtg/

    Join our Facebook Group

    https://www.facebook.com/groups/thephysiciansroad



    Ep. 016 – W – Why You Need to Understand that Estate Planning & Asset Protection are not the Same Thing. Sep 05, 2018
    Show notes

    Today on the physician’s road podcast we talk to Attorney John Maddox about estate planning.

    The basics of what it is, why it is NOT the same as asset protection, but how estate planning and asset protection should go hand in hand for maximum protection and anonymity.

    www.physiciansassetprotection.com

    In this episode you will learn:

    • How having an estate plan can protect your minor children in event of your untimely death and why using a trust is better than a just having a will.

    • How your living trust, will, medical power of attorney, power of attorney, living will/Advanced directive all work together to create a cohesive plan.

    • What is “dying in testate”

    • The problems with “do it yourself” estate planning.

    • What are the issues with non-estate planning attorneys creating your trusts and other entities and structures.

    • Why putting your assets in a trust does nothing for asset protection, and cannot protect you from lawsuits.

    • How the increase in estate tax exemption can affect you today.

    • What an irrevocable life insurance trust is, and how it can be used to fund your estate into the future.

    • How trusts are able to maintain your, and your heirs anonymity when it comes to your estate.

    • How even if you have done some basic estate planning you can have what you’ve done tweaked to be incorporated into an asset protection plan.

    www.physiciansassetprotection.com

    Join our Facebook Group

    https://www.facebook.com/groups/thephysiciansroad



    Ep. 015 – W – Real Estate Syndication – What it is, How to Choose One, & Why it Should Be a Part of Your Portfolio Aug 24, 2018
    Show notes

    Today on the Physician’s Road podcast we speak with Russell Gray from the Real Estate Guys radio show about Syndication. We talk about what it is, how to effectively choose one, and why investing in a syndication can be a great part of a diversified investment portfolio.

    For the Next - Secrets of Successful Syndication Sign Up here:


    Sign-Up

    doctorsyndication@realestateguysradio.com

    www.realestateguysradio.com

    In this Episode with speak with Russell Gray of the Real Estate Guys Radio Show about Syndication.

    We get into:

    What is syndication.

    What you should be looking for in a Syndicator/Promotor/Sponsor when evaluating a potential investment.

    The juxtaposition between Syndications vs. Crowdfunding vs. REITs and their internal workings.

    Why group investing into larger projects can take some of the emotion out of making the decision to invest.

    Why larger projects often have less risk because of who the professional level of the buyers for these types of investments.

    Who is a sponsor/syndicator, and what is their role in putting a project together?

    Why syndications are a great way to diversify your portfolio and reduce your overall risk as well as create privacy within your portfolio.

    How syndications can give you ease of investment, with the benefit of access to projects that are not publicly traded.

    How the structure of a syndication puts you as an investor in direct contact with the management team, with little to know middlemen/women between you and your investment.

    How illiquidity in syndications can be a blessing for your investment portfolio.

    How syndication is a way for Main St. to invest in Main St. and bypass the gatekeepers on Wall Street.

    What you should be looking for in a Syndicator/Promotor/Sponsor when evaluating a potential investment.

    What your responsibility is as an investor when going into a Syndication.

    The potential pitfalls and downsides of Syndication.

    T.E.A.M. – Together Everyone Achieves More.

    Why your sponsor MUST take a reasonable fee on the front end of a project and why you should avoid projects where this does not occur.

    How to use your retirement accounts to invest in Syndications -

    www.ThePhysiciansRoad.com/qrpformd

    Join our Facebook Group -

    https://www.facebook.com/groups/thephysiciansroad/

    If you are interested in learning about our Syndication Projects you can visit us here:

    www.vernonville.com

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    Ep. 014 – P – Increase Your Income & Decrease your Practice Risk with Multi-State Medical Licensing Aug 20, 2018
    Show notes

    Mark Vargas from Licentiam.com a nationwide licensing company.

    We are talking about all things medical licensing, how physicians can make more money and become more marketable by having multiple state licenses, the growth of telemedicine, the pitfalls of working and getting licensed across state lines, and some of the issues with the interstate compact.

    Mark is offering 2 of his firm's white papers on how to make multi-state licensing easy and the pitfalls to avoid when applying for medical licenses.

    Get them below

    Licentiam - Growing demand photo

    [gravityform id=19 title=false description=false ajax=true]

    In this episode we discuss:

    • How having multiple state licenses can help you have flexibility in your practice and increase your income while giving patients more convenient ways to access the medical care system.

    • How to calculate the ROI (return on investment) on your time when getting multiple state medical licenses.

    • How having multiple state medical licenses makes you more attractive to telemedicine companies.

    • The political backdrop around interstate medical licensing and why the interstate compact may not be the best option when it comes to having multiple state licenses.

    • How the $700 non-refundable fee plus the state license fee will give you a compact license, NOT a traditional medical license for the particular state.

    • How the burden is still on the physician to fill out all of the paperwork correctly and the access all of the databases for your required information.

    • How each state has their own pitfalls and we talk about how to avoid the common traps.

    • Why having multiple state medical licenses creates more complexity and difficulty in obtaining each additional medical license you apply for.

    • How malpractice claims and probation issues can create problems with obtaining a medical license.

    • What to look for in an outsourced medical licensing company.

    As a company Licentiam can:

    • Advise you on a strategy to maximize your income from telemedicine by directing you on what states to apply for a license, and let you know which states have a backlog on their applications.

    • Show you how to implement a 50 state licensing strategy for individual physicians and for telemedicine companies and platforms.

    • Help Telemedicine Companies help their prospective physicians acquire multiple state licenses easily and conveniently.

    www.thephysiciansroad.com

    Join our Facebook Group

    https://www.facebook.com/groups/thephysiciansroad/


    Ep. 013 – PD – How a busy Anesthesiologist hosts not only a podcast, but also 2 other online businesses Aug 15, 2018
    Show notes

    Doctors Unbound - How a busy physician host not only a podcast

    but also 2 online properties.

    We get into how and why he got started, how his marriage and fatherhood has played an integral in his growth and maturity, and how he uses real estate specifically vacation rentals to create and maintain wealth in his household. You don’t want to miss this journey down the path of personal development.

    “How the decisions I make can affect my family and generations to come”

    David Draghinas –

    Former Navy Anesthesiologist – currently in Dallas in private practice.

    How he created a partnership and started his first online website.

    www.Anesthesiamyths.com

    How and why he targeted his audience and what he learned by creating his first online venture.

    And how it led him to start Doctors Unbound.

    How David used his podcast to overcome a weakness he felt he had.

    David explains why he didn’t necessarily have a full plan but decided to move forward anyway.

    How having an amazing and supportive spouse has made all the difference in his ability to juggle all of his responsibilities and help him improve his show.

    We talk about how he was able to cultivate that true partnership within his marriage and how they were able to overcome that first year of marriage to create a solid relationship.

    We also discuss how fatherhood has changed David and what he had to do to become a great father.

    Learn what David’s vision is for his children for today and into the future and how he focuses on giving his children a growth mindset with resiliency and grit.

    How David uses real estate to create and maintain wealth in his household.

    How David uses his team to be able to more effectively create the life that he wants, and why many physicians feel frustrated in many aspects of their life because of wanting to do everything themselves.

    Doctor’s Unbound Episode - Lisa Fraly – Most Everything Doctors Need to Know About Legally Protecting Their Online Venture

    https://www.facebook.com/groups/thephysiciansroad

    Ep. 013 – PD – How a busy Anesthesiologist hosts not only a podcast, but also 2 other online businesses (video interview)

    www.thephysiciansroad.com


    Ep. 012 – W – The Secret Retirement Account You’ve Never Heard of, and Why You Should Have One Jun 20, 2018
    Show notes

    Get your free book here to learn about this powerful retirement account

    ⇓

    https://book.eqrp.co/qrpformd/

    In this episode we will learn:

    What is an eQRP?

    • How does it give you checkbook control over your retirement dollars

    • How you can invest your dollars tax free.

    Why your financial advisor hasn’t told you about this type of account

    The type of assets that you can invest in.

    • (Hint it is almost anything you want with few exceptions.)

    How this account is different from a self-directed IRA and why that is very important.

    What is UDFI and how does that relate to IRAs but not to a QRP.

    What is the step by step process on how to convert your:

    a. IRA

    b. 403B

    c. SEP IRA

    d. Old 401K from a previous job/employer to a QRP tax free (roll-over).

    How you can contribute up to 55K per person per year if you are under age 50

    That a QRP has no income limits for contributions

    How your group Practice can use this plan to incentive employees

    The step by step process on how easy it is to set up and maintain this account.

    How you can create your own Roth in the QRP with:

    • No limits on income, you can convert all of your account to a ROTH immediately as long as you pay the taxes

    • You can convert all of your roll over money in the QRP, you just have to pay the taxes.

    Ep. 012 – W – The Secret Retirement Account You’ve Never Heard of, and Why You Should Have One (video interview)

    Join our Facebook Group today!

    https://www.facebook.com/groups/thephysiciansroad/


    Ep. 011 – P – Why your practice is losing $50,000 – $100,000 per doctor per year & what you can do about it. Jun 05, 2018
    Show notes

    [gravityform id=20 title=false description=false ajax=true]

    www.HealMyPractice.com

    In this episode we will learn:

    • The difference between the “front end” and the “back office” of your practice.

    • How to streamline the front end and the back office to create a seamless transition for patients and billing.

    • How coding and billing must work together to get your OPTIMUM payment for what you do, not just any payment for your services.

    • Why you need to stay up to date on coding requirements and changes, and how many practices fail to do this.

    • The appropriate turnaround time you should expect to find out if your charges have been accepted or denied by insurers.

    • The level of vigilance that is needed to see a claim from submission to payment.

    • If you are currently negotiating with insurers at the point of claim denials when you are out of network, and if you are not, why you should be.

    • Are your patient bills being sent and collected electronically?

    • How to create an onboarding process for your staff to teach best practices for your office.

    • Who is guiding you on the updates and guidelines to make sure you are up to date with the most recent changes?

    • If you have an effective way to monitor your progress in revenue cycle management optimization?

    • How to streamline your visits and procedures to optimize the revenue and decrease the coding and billing if a particular procedure or visit is not going to be reimbursed.

    • How to capture your incentive bonus payments in MIPS and MACRA and why your biller should be helping you to drive your compliance with these mandates.

    • Who is making sure that your coders, billers, and EMR vendor are transmitting the correct compliance data and that you are receiving credit for it?

    • What their Practice Start-up Package consists of.

    • The biggest issues most practices face.

    • The biggest issues with in-house billers and their REAL costs to your practice.

    • Who is monitoring your billers?

    • Who is auditing your accounts receivable to make sure you are receiving all the money you have worked so hard for?

    • What is your current process to keep up to date with all of the changes that are occurring monthly in payment guidelines?

    • Why having a nationwide practice management company can bring knowledge and best practices from across the country to your practice.

    • The basic information that you will need to start your own practice.

    • The common roadblocks and hurdles that physicians encounter when credentialing with Medicare and other insurance payers.

    • The major stumbling blocks for foreign born physicians when applying for their Medicare credentialing.

    • How to streamline your insurance credentialing process.

    [gravityform id=20 title=false description=false ajax=true]


    Ep. 011 – P – Why your practice is losing $50,000 – $100,000 per doctor per year & what you can do about it. (video interview)

    

    Join our Facebook Group today!

    https://www.facebook.com/groups/thephysiciansroad/


    Ep. 010 – PD – Sales – An Essential & Learnable Skill – Learn the easy way to improve your Personal, Professional, and Investing Life May 31, 2018
    Show notes

    Ep. 010 – PD – Sales – An Essential & Learnable Skill – Learn the easy way to improve your Personal, Professional, and Investing Life (video interview)

    How to Win Funds and Influence People - The Ultimate Sales Training Seminar

    “Either you know how to generate revenue, or you work for someone who does.” - Russell Gray

    Today we speak with Russell Gray co-host of The Real Estate Guys Radio Show

    www.realestateguysradio.com

    one of the most downloaded real estate podcasts on iTunes about why sales skills is such essential part of understanding life and business.

    In this episode we will learn:

    • How sales skills can give you ultimate financial freedom.

    • Why sales is the fundamental skill of entrepreneurship.

    • That sales is a learnable skill and there are courses out there to help you learn –

    How to Win Funds and Influence People

    https://ap216.isrefer.com/go/htwf/A0037/

    We will debunk the most common misconceptions of sales as a profession, and why becoming an expert sales person can make you a better person in your interactions with others.

    Why we as physicians are naturally suited to “professional” selling, not the amateur way that you see used car sales people operate.

    How to ethically sell to people’s needs and values.

    The 3-step process on how to become a professional, ethical person who offers their products and services to those in need.

    The usual stumbling blocks physicians have when transitioning into entrepreneurial and investing endeavors.

    How the change from the industrial age to the information age necessitates that we ALL must increase our skills to compete in the future.

    Why the problems in healthcare are an opportunity for those willing to learn how to meet the needs of patients and the marketplace.

    How you can build a life that you are paid to live.

    Learn the 2 clarifying questions you need to ask yourself to achieve the life you really want.

    To learn more about Russ’ training seminar -

    How to Win Funds and Influence People

    click on the link or send an e-mail to:

    doctorsales@realestateguysradio.com

    Books Mentioned in this Episode:








    Ep. 010 – PD – Sales, an Essential & Learnable Skill – Learn the easy way to improve your Personal, Professional, and Investing from E T on Vimeo.

    Join our Facebook Group today!

    https://www.facebook.com/groups/thephysiciansroad/


    Ep. 009 – W – Turn-Key Investing – Why it’s a great way for busy physicians to get started in Real Estate Apr 26, 2018
    Show notes

    To contact Greg, download the report below or e-mail us at:

    Feedback@thephysiciansroad.com

    [gravityform id=21 title=false description=false ajax=true]

    In today's episode we will learn:

    What turn key investing actually is, and how it can help you begin to build your real estate portfolio.

    How to evaluate a great turn key investing provider in different markets.

    What the typical life-cycle of owning a turn-key investment is and how a busy investor can profit from it.

    The 5 ways that you can make money from owning investment real estate.

    The types of neighborhoods to avoid with turn-key rentals (and possibly all rentals in general).

    What your two biggest expenses are in real estate investing.

    What are the pitfalls of turn-key real estate investing.

    What is your typical time involvement as an owner of a turn-key investment.

    The 2 guarantees that Greg's company makes to his buyers and why.

    1. All expenses in the first 12 months (except tenant related damage, acts of gods, or drainfields) will be covered by his company.
    2. 12 month tenant guarantee – 12 months’ worth of rent will be guaranteed by his company so you have certainty that you will make your expected first year return on your investment.

    To contact Greg, download the report below or e-mail us at:

    Feedback@thephysiciansroad.com

    [gravityform id=21 title=false description=false ajax=true]

    Ep. 009 – W – Turn-Key Investing – Why it’s a great way for busy physicians to get started in Real Estate (video interview)

    Join our Facebook Group today!

    https://www.facebook.com/groups/thephysiciansroad/


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