Fri, 2 January 2015
Money Matters Episode 81- Financial Wellness for Physician's and Healthcare Professional's W/ Vicki Rackner MD
Doctors may be experts at treating patients. But when it comes to running their own businesses, many are making rookie mistakes. In an environment of rising health-care costs and declining reimbursement, many physicians often find themselves having to see twice the amount of patients to earn the same amount of money. The burden on physicians to navigate the cost of doing business while remaining cash-flow positive results in less than 20-20 vision when it comes to managing their finances. Sworn into practice by taking a vow to prescribe treatments that are good for their patients, most physicians simply don't have the time to focus their efforts on a regimen of financial fitness. Ultimately, it takes a dose of reality, such as poor budgeting that projects a delayed retirement, that propels physicians to seek financial advice.
We were joined today by Vicki Rackner MD who is the president of www.tagetingdoctors.com .
Dr. Vicki Rackner is a former surgeon and nationally noted expert on physician engagement. She helps financial services professionals acquire physician clients.
After treating tens of thousands of patients over her medical career and holding a clinical faculty appointment at the University of Washington School of Medicine, she left the operating room to help all medical stakeholders partner more effectively.
You may have seen her quoted in the Wall Street Journal, on CNN or in the Washington Post, to name a few. You may have heard her interviewed on NPR. Or you may have read one of her books.
To find out more about Vicki Rackner MD you can visit his website at:
You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at: