Financial Management

In this Healio Video Perspective from the AWIR Annual Conference, Norman E. Barnum IV, MBA, interim president & CEO at New Orleans Business Alliance, shares highlights from his presentation on financial management for medical professionals.

With summer 2021 here, more than 150 million Americans vaccinated for COVID-19, sports played in full arenas and many activities nearly back to normal, we think a column on financial lessons that can be learn from the pandemic is needed.

“I buy when other people are selling.”

Last year, we wrote about the five top financial mistakes Dr. Bhatia has seen in fellow physicians, especially at the beginning of their careers. We covered this for our Forward Thinking column in Orthopedics Today, a Healio publication.

LAS VEGAS — During a presentation at Eyecelerator@ASCRS, Chris Cooley, CFA, managing director of Stephens Inc., said that health care markets are rallying after COVID-19 disruptions.

As the founder of a practice, I went through the transition of succession planning, and it was successful for us.

I am going to take a little stroll down memory lane in this commentary and present some personal thoughts on the economic past, present and future of ophthalmology.

Individuals older than age 65 years consume 10 times the amount of eye care compared with those younger than 65 years.

“Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.”

Along with retirement and personal investment accounts, the family home and its equity are often a physician’s most valuable asset.