Anesthesia Success

What should fellows be looking for when searching for their first job? In this episode, Dr. Melissa Murphy, an anesthesia-trained interventional pain specialist and private practitioner, shares expert advice on navigating employment contracts, identifying red flags, and setting yourself up for long-term success. From understanding fair compensation to recognizing non-negotiables, she breaks down the key factors that can make or break your first job. Learn more: https://apmsuccess.com/255             Watch the video: https://apmsuccess.com/255v    Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

Why is buying a car such a frustrating and time-consuming experience—even when you know exactly what you want? In this episode, Andrew Guthmiller, owner of Car Concierge, shares his insights as an expert in car buying and selling. Andrew delves into the pain points of the car buying process and offers solutions for making it smoother and more efficient. From finding the best deals in the market to understanding when to lease versus when to buy, he walks us through the steps of getting the right car at the right price. Learn more: https://apmsuccess.com/254            Watch the video: https://apmsuccess.com/254v   Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

Have you ever had to navigate the difficult conversation of finances with your aging parents? In this episode, we explore the crucial yet uncomfortable topic of helping your parents get financially organized before it's too late. I'll walk you through practical steps for initiating these talks early, making life easier down the road rather than dealing with a financial disaster later. Learn more: https://apmsuccess.com/253                      Watch the video: https://apmsuccess.com/253v   Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

What would you do if an unexpected financial disaster hit tomorrow? In this episode, we dive deep into the financial durability ratio—a tool that measures your ability to withstand unforeseen expenses or catastrophic events. We'll discuss how this ratio helps you identify vulnerabilities in your financial preparedness and reduce the anxieties that stem from unknown risks. Learn more: https://apmsuccess.com/252                    Watch the video: https://apmsuccess.com/252v

Today I will be answering some of the most common questions listeners face, such as how to prioritize student loan repayments versus contributing to retirement accounts like Roth IRAs or 401(k)s. You'll learn how to map out a clear repayment plan for your student debt while ensuring you're taking advantage of key retirement benefits that can reduce your tax burden. Learn more: https://apmsuccess.com/251  Watch the video: https://apmsuccess.com/251v  Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

In this episode, I'm revisiting the critical topic of financial fraud, which I last discussed back in episode 144. This time, I'm bringing a fresh perspective on how you can protect yourself and your loved ones from increasingly sophisticated scams. Cybercrime losses topped $12.5 billion in 2023 alone, with over $3.4 billion of that lost by people over 60, so the stakes have never been higher. Listen in to learn why it's so important to stay skeptical, the value of working with a financial advisor, and why reporting any suspicious activity to law enforcement is absolutely critical. Learn more: https://apmsuccess.com/250 Watch the video: https://apmsuccess.com/250v Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

Curious about how to make the most of your investments? In this episode, I'm excited to share a recent chat I had with Dr. Jimmy Turner on the Money Meets Medicine podcast. We dive into the world of direct indexing, a powerful portfolio management tool that's especially valuable for business owners with significant taxable assets. Learn more: https://apmsuccess.com/249                          Watch the video: https://apmsuccess.com/249v Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

In this episode, we are diving into the complexities of using index funds as a "safe" investment option, particularly for short-term financial goals. Drawing from recent client interactions, I explain the misconceptions around the safety of index funds and why they may not be the best choice for investments needed in the short term.  Learn more: https://apmsuccess.com/248Watch the video: https://apmsuccess.com/248v Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

In this episode, we dive deep into the world of medical business leadership and practice management with Dr. Yash Navalgund, Chief Medical Officer at National Spine and Pain Centers. Dr. Navalgund shares his extensive experience in growing and scaling pain management practices, including his journey from a single practice owner to overseeing over 100 centers across 12 states. We explore the challenges and successes in building a strong culture within a medical practice, the intricacies of opening multiple sites, and the importance of branding and reputation in the healthcare industry. Learn more: https://apmsuccess.com/247 Watch the video: https://apmsuccess.com/247v

Managing director at Founders Advisors, Michael White, joins me on the show today to help explain the role of a business liquidity event within the financial journey of a physician. We align in how we help physicians understand their businesses and, in this episode, he will dive into what you need to do to help make your practice more saleable. Learn more: https://apmsuccess.com/246Watch the video: https://apmsuccess.com/246v   Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

Are you a practice owner looking to extract maximum value from your clinical practice? In this episode, we'll discuss the crucial steps to ensuring your business assets translate into personal wealth. Building on our previous episode about understanding your balance sheet, I'll explain the risks of having your net worth tied up in your practice. You'll learn strategies to shift value from your business to your personal finances, reducing dependency on a single asset and securing your financial future. Learn more: https://apmsuccess.com/245  Watch the video: https://apmsuccess.com/245v        Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

What does it take to build a personal brand in the medical field? In this episode, Dr. Patrick Buchanan, Interventional Pain Management Physician and Co-Host of the Pain Unfiltered Podcast, shares his insights with us live from the ASPN conference. Dr. Buchanan will explain the importance of personal branding and how it has shaped his career decisions. Learn more: https://apmsuccess.com/244                         Watch the video: https://apmsuccess.com/244v  Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar   

I've been discussing balance sheet liquidity with several people and have noticed that many seem to have relatively thin liquidity. In this episode, you'll learn all about liquidity and how to guard against adverse financial events by ensuring you're at a healthy level of liquidity. I'll specifically discuss your practice and how it comes into play when creating more liquidity in your life and finances. Learn more: https://apmsuccess.com/243 Watch the video: https://apmsuccess.com/243v       Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

What are the biggest challenges facing pain specialists today? In this episode, Dr. Krishnan Chakravarthy, Physician Scientist, Engineer, and President and Co-Founder of Solaris Research Institute, joins us to discuss the pressing issues that have captured the attention of the American Society of Pain and Neuroscience (ASPN). Dr. Chakravarthy explores the future of pain specialist education, effective training methods for clinicians, and the importance of adopting specific therapy guidelines backed by robust evidence. Learn more: https://apmsuccess.com/242Watch the video: https://apmsuccess.com/242v       Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar   

Today we're diving into estimated payments with tax expert Evgeni Ivanov. Taxes can be daunting, especially for those new to navigating estimated payments outside of W2 employment. This episode serves as a practical guide to understanding who needs to make estimated payments, the quarterly schedule, and implications for various income types like locum work and investment income. Learn more: https://apmsuccess.com/241                      Watch the video: https://apmsuccess.com/241v             Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

Are you navigating the complexities of buying a house? In this episode, we'll dive into the valuable lessons learned from my recent experience purchasing a home after a decade. From revisiting old insights to discovering new strategies, I'll share key takeaways that will help you make informed decisions in your home-buying journey. Learn more: https://apmsuccess.com/240                     Watch the video: https://apmsuccess.com/240v            Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

Are you curious about the journey of owning a pain practice? In this first episode of our two-part series about pain practice ownership, we're revisiting my conversation with Dr. Shachi Patel, founder of Delmarva Pain and Spine Center. Dr. Patel shares her experiences as a solo practice owner, as well as how she started her practice from scratch right out of fellowship, highlighting the importance of having a strong team and the value of a healthcare consultant. Learn more: https://apmsuccess.com/239                   Watch the video: https://apmsuccess.com/239v        Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

How will the FTC's ban on noncompete agreements impact the U.S. workforce and—specifically—physicians? In this episode, Scott Weavil, founder and Principal Attorney of Weavil Law PC, joins us to discuss the recent FTC ruling that bans most noncompete agreements and its significant implications. He addresses the history of noncompete agreements and the timeline for when this new rule will take effect. Listen in to hear who this rule will impact, as well as what it means for employees and employers alike. Learn more: https://apmsuccess.com/238Watch the video: https://apmsuccess.com/238v               Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar    

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/237Watch the video: https://apmsuccess.com/237v   Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

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 confidently. Learn more: https://apmsuccess.com/236Watch the video: https://apmsuccess.com/236v         

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 plan. Learn more: https://apmsuccess.com/235                       Watch the video: https://apmsuccess.com/235v        Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar   

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 with the right patients for your practice. Learn more: https://apmsuccess.com/234                Watch the video: https://apmsuccess.com/234v                                                                       

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/233Watch the video: https://apmsuccess.com/233v  Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

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 our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

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 video: https://apmsuccess.com/231v Need help with wealth management? Learn about APM Wealth's process, here: https://apm-wealth.com/services. Or, get our free guide explaining some of our key methods for building wealth with clients: https://apm-wealth.com/freedom  Or check out our webinar for helping practice owners optimize wealth building: www.apm-wealth.com/webinar 

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 video: https://apmsuccess.com/229v

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/227Watch 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 video: https://apmsuccess.com/226v

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              Watch the video: https://apmsuccess.com/222v                        

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 video: https://apmsuccess.com/221v     

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: https://apmsuccess.com/220v    

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** Learn more: https://apmsuccess.com/219 Watch the video: https://apmsuccess.com/219v   

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/218Watch the video: https://apmsuccess.com/218v      

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 building wealth as a physician. Learn more: https://apmsuccess.com/217 Watch the video: https://apmsuccess.com/217v     

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       Watch the video: https://apmsuccess.com/215v       

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 also discusses strategies to keep your payments manageable while pursuing Public Service Loan Forgiveness (PSLF), including the option to exclude spousal income by filing separately. Learn more: https://apmsuccess.com/214      Watch the video: https://apmsuccess.com/214v                                                             

Dr. Bryan Marascalchi, a seasoned Anesthesiologist and Pain Medicine Physician at Vanderbilt University Medical Center, joins the show today to dive into the tangible impacts of digital health on pain management. In this episode, Dr. Marascalchi shares the practical facets of his digital health company, shedding light on how it effectively removes uncertainties from pain management by employing data-driven strategies. Learn more: https://apmsuccess.com/213Watch the video: https://apmsuccess.com/213v             

Today we are talking about a crucial financial aspect: spousal life insurance. As a financial advisor, I've encountered tragic stories that highlight the significance of proper life insurance coverage. At the heart of the discussion are two often overlooked mistakes in financial planning regarding life insurance for homemaking spouses: the economic value replacement mistake and the opportunity cost overlook mistake. Learn more: https://apmsuccess.com/212     Watch the video: https://apmsuccess.com/212v          

In this final segment of our two-part series with tax expert Evgeni Ivanov, we dive back into the complex realm of business transition. Focusing on the distinction between a stock sale and an asset sale, this episode unravels the critical factors that should be considered. While tax implications remain a central focus, they are only a small piece of the puzzle. Listen in as Engeni shares other considerations that steer the choice between a stock sale and an asset sale. Learn more: https://apmsuccess.com/211     Watch the video: https://apmsuccess.com/211v   

This is the first of a two-part series tailored for practice owners contemplating the sale and transition of their practices. In this episode, we're joined by tax expert Evgeni Ivanov, Senior Manager at Wipfli LLP, to explore a crucial aspect of deal structuring: installment sales. Learn more: https://apmsuccess.com/210    Watch the video: https://apmsuccess.com/210v       

Dr. Jay Kumar is an interventional pain physician based in North Carolina, and he joins the show today to share his journey through training, academics, and private practice. He offers a glimpse into the process that led him to working in—and growing more passionate about—interventional pain, as well as what it really takes to gain the confidence and skills needed to launch a private practice successfully. Learn more: https://apmsuccess.com/209    Watch the video: https://apmsuccess.com/209v     

Today we will explore the crucial aspects of launching a successful pain practice, focusing on two specific operational variables: patient volume and contracts with reimbursement rates. Patient volume serves as a fundamental key performance indicator (KPI) for any viable practice, and understanding the optimal number of patients needed for success is essential. Identifying key drivers to attract patients, determining baseline average revenue for new patients, and strategically allocating marketing budgets are critical components in ensuring a steady and sustainable patient flow. We will delve into targeted marketing strategies to address niche patient needs and how marketing spend plays a pivotal role in achieving patient volume goals, thereby laying a solid foundation for your practice. Learn more: https://apmsuccess.com/208   Watch the video: https://apmsuccess.com/208v         

Dr. Krishnan Chakravarthy is an expert anesthesiologist with a unique specialization in multi-modal pain management. In this episode, he delves into the fascinating world of pain management start-ups and med-tech. Dr. Chakravarthy emphasizes the significance of understanding the key problems in the industry when developing core technologies for the market. He sheds light on his team's mission to make cutting-edge technology more accessible and affordable, aiming to reach a broader population in need of specialized care. Learn more: https://apmsuccess.com/207   Watch the video: https://apmsuccess.com/207v     

Today we dive into a tax topic specifically tailored for private practitioners and business owners operating under S-Corps, C-Corps, or LLCs taxed as such. We explore the intriguing Augusta Rule, which derives its name from Augusta, Georgia. Historically, homeowners near Augusta National would rent out their houses during an annual tournament, generating rental income that the IRS sought to tax. The Augusta Rule is a unique provision in the tax code that allows for the tax-free rental of a personal dwelling for up to 14 days. Learn more: https://apmsuccess.com/206    Watch the video: https://apmsuccess.com/206v         

Today, I have a couple of important announcements to make before we resume our regular programming next week.  Learn more: https://apmsuccess.com/205   Watch the video: https://apmsuccess.com/205v