Finding Financial Freedom with The Frugal Physician - Finance, Wellness, Budget, Student Loans, Wealth, Doctor, Fitness, Money

Ep66: The Real Cost of Nurse Practitioner-led Care with Tarang Patel, MD


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Dr. Disha Spath and Dr. Tarang Patel address the controversial topic of nurse practitioners' expanding roles in healthcare. The discussion is sparked by a recent article that highlights concerns over the quality and adequacy of NP training.

Dr. Patel discusses the implications of NPs practicing autonomously without sufficient oversight, emphasizing the potential risks to patient safety and the ethical dilemmas faced by physicians.

The episode also covers how this trend affects the medical community, including the economic pressures on physicians and the growing stress within the healthcare system. The conversation closes with a reflection on personal experiences, professional growth, and the importance of financial security in an unpredictable healthcare environment.

BIO

Dr. Tarang Patel is a hospital-employed radiologist based in Arizona with a diverse background that includes service in the U.S. Air Force. He is the former host of the podcast "Dr. Money Matters," where he discussed personal finance and professional development for physicians. Dr. Patel is also active in social media, sharing insights on financial literacy, healthcare policy, and the economic challenges faced by medical professionals. As an advocate for physicians, he is committed to raising awareness about the complexities of modern healthcare, including the rise of non-physician practitioners and its impact on patient care.

In his spare time, Dr. Patel enjoys traveling with his family and managing a financial Facebook group dedicated to empowering physicians with financial knowledge.

Resources Mentioned
  • Article Discussed: "The Miseducation of America's Nurse Practitioners" by Bloomberg"

  • Dr. Tarang Patel's Former Podcast: Dr. Money Matters

  • Physicians for Patient Protection (PPP): Website - An organization focused on advocating for patient safety and physician-led care.

  • Relevant Studies:

    • JAMA study on imaging utilization and non-physician professionals.

  • National Commission on Certification of Physician Assistants (NCCPA): Website

  • Dr. Disha Spath's Podcast Episodes on Related Topics: Podcast Archive

  • Book Recommendation: "The Atlas Shrugged" by Ayn Rand - Mentioned in the podcast

  • Direct Primary Care Resources: DPC Frontier - Information on starting a Direct Primary Care practice.

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👋 This episode is sponsored by PearsonRavitz – helping physicians safeguard their most valuable assets.

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If you enjoyed the show, find and follow Dr. Disha everywhere else:

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Finding Financial Freedom with The Frugal Physician - Finance, Wellness, Budget, Student Loans, Wealth, Doctor, Fitness, MoneyBy Dr. Disha Spath, MD, FACP

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