Today Jon discusses the impact of artificial intelligence (AI) on various industries, including healthcare. He mentions using AI for tasks like generating ideas and conducting travel research. In healthcare, AI is expected to play a significant role in areas like radiology and pathology, where it can improve efficiency and accuracy. The speaker believes that AI will bring changes to how medical professionals diagnose and treat patients, as well as how research is conducted and medications are approved. However, he emphasizes the importance of human involvement and personal care in healthcare and contract analysis. He encourages professionals to embrace technology while recognizing the value they bring to their respective fields. LINKS:   www.ContractDiagnostics.com

Coffee & Contracts: AI update and your job

As a doctor, you spent decades in school to get to where you are. Unfortunately, during all those years in medical school and residency, you probably didn't receive a financial education. But, not to worry. That’s where I come in. Think of this podcast as your financial residency without the long hours and sleepless nights! I will guide you through a financial education resulting in money confidence and clarity in this critical aspect of your life. You’ll understand how you make money, how you spend money, how your hard-earned money can work for you, and how to protect yourself and your family. I have witnessed residents and fellows bombarded by life and disability insurance salesmen and other “investment” pitches that are not in their best interest. You didn’t receive any formal financial education in your decades of medical training, so how are you supposed to know the good financial advisors from the bad? This podcast will help with that. Remember, it’s ok to not know the difference between a ROTH IRA and a 403b or which 529 plan is best. This podcast will simplify highly complex concepts and translate industry jargon into plain English. Are you ready to take action and make smarter, more informed financial decisions? Great - let's do this! Let your financial residency begin.

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This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com. In this episode of Contract Diagnostics, Jon breaks down the latest MGMA data set for 2024. Join us as we explore the initial findings and what they mean for healthcare providers. With 211,000 respondents, the data offers insights into compensation trends for primary care, surgical specialists, and non-surgical specialists.  Jon discusses the implications of these trends in relation to inflation, workload, and staffing challenges. Learn how to interpret and apply this data to your own situation, and discover the importance of a custom analysis for accurate insights. Tune in to stay informed and make the most of the new MGMA data. Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit www.ContractDiagnostics.com

Coffee & Contracts - Announcing the New MGMA Data - How to Look at It?

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com. Are you getting the most out of the podcasts you listen to? Awareness is the first step to positive change, however positive action in the direction of your goals and mission must follow. On the very first episode of the A Life Well Lived A Physicians Guide to Wealth podcast, IM Wealth Partner and Financial Advisor, James Nutter provides you with the 101 on how to get the most out of his new podcast collaboration with Financial Residency. Discover how to directly apply each episode to your life so that you may use your money to create a more meaningful life. Trying to qualify for PSLF and unsure if you’re on track? Get James’s 100% Public Service Loan Forgiveness Checklist and Masterdashboard. Go to https://info.imwealth.com/pslf to learn more.  Advisory services offered through Commonwealth Financial Network®, a Registered Investment Adviser.

A Physician’s Guide to Wealth - Start Here - The Choice That Will Define You

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com. In this episode of Contract Diagnostics, Jon delves into the critical topic of conflicts of interest, especially relevant in physician employment contracts. Learn why it's essential to be aware of potential conflicts, from financial disclosures to external activities, and how they can impact your career and personal information.  Jon shares insights on the importance of transparency, the risks of data misuse, and tips on how to identify and navigate conflicts of interest. Tune in to ensure you’re making informed decisions and safeguarding your professional integrity. Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit www.ContractDiagnostics.com

Coffee & Contracts - Conflicts of Interest - Take Them Seriously

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com. In this episode of "The Life Well Lived: A Physician's Guide to Wealth," James Nutter continues his mini-series on exposing financial advisors. He shares 15 crucial questions every physician should ask when hiring a financial advisor, emphasizing the importance of finding a fiduciary advisor who acts in your best interest. Nutter also highlights the need for advisors who understand the unique financial challenges faced by physicians. With these questions in hand, physicians can confidently hire their dream advisor without wasting time or making costly mistakes.                             Timestamp   Summary     0:51   Choosing the Right Financial Advisor for Physicians     4:01   Financial Licensing Exams Versus Medical Board Certification     5:17   Choosing the Right Financial Advisor: Trust Your Gut     6:12   Essential Questions to Ask Your Financial Advisor     8:08   Navigating Financial Licenses and Commission Structures     10:29   Advisor Availability and Client Support Explained     13:16   Choosing Financial Advisors: Questions and Accessibility     15:21   Exploring Levels of Service: DIY to Full Assistance     16:04   Understanding Financial Advisor Fees and Conflicts of Interest     17:51   Challenge Your Financial Advisor with Informed Questions      Advisory services offered through Commonwealth Financial Network®, a Registered Investment Adviser.

A Physician’s Guide to Wealth - 15 Critical Questions to Ask A Financial Advisor During the Hiring Process

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com. This week, Doug clarifies the often misunderstood concept of loan contingency in real estate offers. Learn the difference between a loan commitment and a clear to close, and why understanding this distinction is crucial when writing offers.  Doug explains what it means to meet your loan contingency and what realtors should expect during the process. Tune in to gain valuable insights into navigating loan approvals and ensuring a smooth path to closing. If you have questions, Doug is available at DougCrouse.com

Coffee & Contracts: AI update and your job

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