Health care attorney Dennis Hursh discusses his article, "What every physician should know before buying into a medical practice." He emphasizes that while receiving an offer to buy into a practice is typically a significant honor and opportunity, physicians must perform thorough due diligence to avoid potential pitfalls. Dennis advises physicians and their legal counsel to meticulously review corporate governance documents, watching for unequal voting rights or tiered partnership structures that limit influence. He stresses the importance of examining shareholders' or operating agreements to ensure the buy-in methodology matches the buy-out methodology and scrutinizing employment agreements for parity with other partners. Dennis also highlights the necessity of assessing the practice's financial stability by reviewing recent tax returns and understanding any existing debt, distinguishing legitimate asset-backed debt from potentially problematic borrowing used to pay owners. The core message is to celebrate the opportunity but proceed with caution and professional advice to ensure the buy-in is a genuinely good deal.

Our presenting sponsor is Microsoft Dragon Copilot.

Want to streamline your clinical documentation and take advantage of customizations that put you in control? What about the ability to surface information right at the point of care or automate tasks with just a click? Now, you can.

Microsoft Dragon Copilot, your AI assistant for clinical workflow, is transforming how clinicians work. Offering an extensible AI workspace and a single, integrated platform, Dragon Copilot can help you unlock new levels of efficiency. Plus, it's backed by a proven track record and decades of clinical expertise and it's part of Microsoft Cloud for Healthcare–and it's built on a foundation of trust.

Ease your administrative burdens and stay focused on what matters most with Dragon Copilot, your AI assistant for clinical workflow.

VISIT SPONSOR → https://aka.ms/kevinmd

SUBSCRIBE TO THE PODCAST → https://www.kevinmd.com/podcast

RECOMMENDED BY KEVINMD → https://www.kevinmd.com/recommended

Child psychiatrist and entrepreneur Marissa Caudill discusses her article, "How a customer relationship management tool (CRM) can help physicians regain control and beat burnout." She argues that a significant driver of physician burnout is the lack of control within systems that prioritize metrics and administrative tasks over meaningful patient connections, leaving doctors feeling overwhelmed and disconnected. Marissa proposes that physicians can regain control and find more joy by implementing their own systems, specifically highlighting the power of customer relationship management (CRM) tools. She explains how a HIPAA-compliant CRM allows physicians to automate communication (like newsletters, check-ins, scheduling), enhance patient relationships, manage educational content, and ethically market their services—reframing marketing as connection—all while freeing up time. Marissa shares her transformative experience using a CRM with AI features in her parent coaching practice, enabling greater impact and easier communication. Ultimately, she contends that such tools help physicians focus on patient care, build financially stable practices potentially beyond insurance constraints, and reconnect with their original purpose.

Our presenting sponsor is Microsoft Dragon Copilot.

Microsoft Dragon Copilot, your AI assistant for clinical workflow, is transforming how clinicians work. Now you can streamline and customize documentation, surface information right at the point of care, and automate tasks with just a click.

Part of Microsoft Cloud for Healthcare, Dragon Copilot offers an extensible AI workspace and a single, integrated platform to help unlock new levels of efficiency. Plus, it's backed by a proven track record and decades of clinical expertise—and it's built on a foundation of trust.

It's time to ease your administrative burdens and stay focused on what matters most with Dragon Copilot, your AI assistant for clinical workflow.

VISIT SPONSOR → https://aka.ms/kevinmd

SUBSCRIBE TO THE PODCAST → https://www.kevinmd.com/podcast

RECOMMENDED BY KEVINMD → https://www.kevinmd.com/recommended

Physician assistant David Olson discusses his article, "Taking a break from medicine: a journey to rediscover joy and purpose." He describes feeling trapped in an unhealthy, borderline abusive relationship with medicine, citing normalized disrespect, intense pressure from employers focused on metrics over provider wellbeing, and the demoralizing impact of system failures, particularly during and after COVID-19. David shares his experiences with dwindling job satisfaction as a hospitalist facing staffing instability and later in the "wasteland" of primary care, highlighting how burnout severely affected his marriage and his relationship with his children, leaving him exhausted and short-tempered. Realizing incremental changes weren't enough, David and his wife made the drastic decision to take a year-long break from medicine to travel the world with their three young children, prioritizing family, joy, and quality of life over salary. This journey is his attempt to rediscover purpose and hope, offering encouragement to other health care professionals facing similar struggles to challenge limiting beliefs and consider bold changes for their own well-being.

Our presenting sponsor is Microsoft Dragon Copilot.

Want to streamline your clinical documentation and take advantage of customizations that put you in control? What about the ability to surface information right at the point of care or automate tasks with just a click? Now, you can.

Microsoft Dragon Copilot, your AI assistant for clinical workflow, is transforming how clinicians work. Offering an extensible AI workspace and a single, integrated platform, Dragon Copilot can help you unlock new levels of efficiency. Plus, it's backed by a proven track record and decades of clinical expertise and it's part of Microsoft Cloud for Healthcare–and it's built on a foundation of trust.

Ease your administrative burdens and stay focused on what matters most with Dragon Copilot, your AI assistant for clinical workflow.

VISIT SPONSOR → https://aka.ms/kevinmd

SUBSCRIBE TO THE PODCAST → https://www.kevinmd.com/podcast

RECOMMENDED BY KEVINMD → https://www.kevinmd.com/recommended