Going bust! Who's in danger of going bankrupt and how you can avoid it

Article Abstract:

Bankruptcy, a method of proceeding after financial cataclysm, does happen to physicians, in spite of their higher-than-average earnings. Doctors can avoid the most common causes of physician bankruptcy, which are impairment caused by chemical dependency or mental breakdown, costs of a business not related to the physician's practice, or spending more money than earned. Examples of doctors' experiences with bankruptcy are elaborated.

Bankruptcy

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Clearing the bank loan hurdles; lenders now giving closer scrutiny to applications

Article Abstract:

Physicians find that banks have tightened their loan guidelines and now require a detailed business plan before furnishing money for new offices or other projects. Bank officials say that their tactics help physicians attain realistic financial planning. As an example, the process of drawing up business plans is described by internist Douglas Cleary, who joined with six colleagues to start a new group practice in Chicago.

Commercial Banks, Bank loans

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Comfortable investment

Article Abstract:

Physicians believe that designing the clinic layout in a presentable manner could increase patient satisfaction and thus the number of patients. Various physicians reveal their respective ways of changing their organizationEs environment.

United States, Outpatient Care Facilities, Outpatient Care Centers, Personnel administration, HEALTH SERVICES, Physicians & Surgeons, Offices of Physicians (except Mental Health Specialists), Ambulatory care facilities, Compensation and benefits, Patient satisfaction, Design and construction, Beliefs, opinions and attitudes, Clinics

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