Irvin G. Schorsch III, CIMA, CFP, AIF
It’s no secret that doctors are facing more financial struggles than ever before. Thanks to skyrocketing malpractice insurance premiums, slashed or stagnant reimbursement rates, and an aging population that will need more care, physicians across the country are struggling to stay financially solvent. This article outlines some simple steps that physicians can take to keep their personal and professional lives financially healthy. Not only will these suggestions help ease the difficulties of the present, but they will also help doctors plan for the future.