August 2019 Physician Newsletter

Greetings,

In this issue we’re covering topics that are often missed in our CME classes, but are useful to know. The first one covers the antibacterial qualities inherent in Natural Clays, the next is on Income Protection for Physicians, and for the third topic, it is in the fascinating genre of how Quantum Physics affects our health and lives – in each issue I’ll include a topic that explores this.

*As always, if you’d like to discuss financial solutions, please feel welcome to contact me.

Dr. Joshel Brown, Financial Advisor

What Makes a Natural Clay Antibacterial?

I am sharing this article as I have personally been surprised and impressed by witnessing multiple successes with topical Bentonite Clay use. “Overuse of antibiotics in healthcare is a major concern because of the consequential proliferation of antimicrobial resistance. Our studies of natural antibacterial minerals were initiated to investigate alternative antimicrobial mechanisms. Indigenous people worldwide have used clays for healing throughout history.”

“A variety of physical and/or chemical processes can make clays antibacterial.” (For the rest, see link above.)

Why Should Physicians Choose Disability Income Protection?

Your ability to get up each day and produce an income is your most precious asset. It is the asset that makes all of your other planning possible and you’ve put in a lot of work to get where you are. “Physicians choose our disability income protection to address their unique needs. A comparison of industry standards will lead doctors – and partners to their practice – to the conclusion that our offering is one of the best long-term disability products for physicians.” In addition to Guardian’s life and disability products, we also have access to over 30 other top companies, to make sure you really are getting the best choices. Enhanced True-Own Occupation Protection developed just for physicians: Provides more opportunities to qualify for benefits & offers the choice to work in another specialty or occupation – and still collect! Optional benefits available: Student Loan Debt Repayment Protection, Coverage for Partial Disabilities, Lump-Sum Benefit, Ability to Increase Coverage as Salary Increases. (For the rest, see link above.) 

Energy Medicine: Current Status and Future Perspectives

“Current practices in allopathic medicine measure different types of energy in the human body by using quantum field dynamics involved in nuclear medicine, radiology and imaging diagnostics. Once diagnosed, current treatments revert to biochemistry instead of using biophysics therapies to treat the disturbances in subtle energies detected and used for diagnostics. Quantum physics teaches us there is no difference between energy and matter. All systems in the human being, from the atomic to the molecular level, are constantly in motion-creating resonance. This resonance is important to understanding how subtle energy directs and maintains health and wellness in the human being.” “The future of EM depends on the ability of allopathic medicine to merge physics with biochemistry.” (For the rest, see link above.) 

For access to our monthly meetup:

The Austin Physician Network

Austin, TX
27 Members

This group is for Austin area medical practioners. The format is part educational and part social. For education, we’ll have experts come in to give brief talks on topics that…

Next Meetup

October Austin Physician Network Meetup!

Thursday, Oct 24, 2019, 5:30 PM
3 Attending

Check out this Meetup Group →

Medical school and CME’s are great for making us good physicians. What they are lacking though is education on how to handle debt, financial planning and run successful medical practices. To help our community with this knowledge, we start each meetup with a brief education on a monthly business-related topic. The second part of each meeting is for socializing to get to know our peers and build-up our patient referral networks. Our patients request specific doctor types from us and appreciate it when we can provide contacts instead of telling them to use Yelp for a recommendation.

Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is an indirect, wholly-owned subsidiary of Guardian. Capitol Wealth Strategies is not an affiliate or subsidiary of PAS or Guardian. Not practicing podiatry for Guardian or its subsidiaries or affiliates. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. 2019-84369 Exp. 8/21

September 2019 Physician Newsletter

Greetings,

In this issue we’re covering topics that are often missed in our CME classes, but are useful to know. The first one covers recent news in the use of Genetic Editing in humans, the next is on Business Income Protection, and for the third topic, it is in the fascinating genre of how the quantum realm affects our health and lives – in each issue I’ll include a topic that explores this. This month’s third topic is on our energy is on How Stress Affects Health.

*As always, if you’d like to discuss financial solutions, please contact me.

Dr. Joshel Brown, Financial Advisor and DPM

CRISPR Enters Its First Human Clinical Trials

Let’s start with: What is CRISPR? It’s a genetic engineering tool that uses short repetitions of genetic code to edit base pairs of genes. Basically, it’s a gene editing process. “Since its debut in 2012, CRISPR gene editing has held the promise of curing most of the over 6,000 known genetic diseases. Now it’s being put to the test.” “CRISPR’s reputation was tarnished last year after a researcher in China edited a gene in embryos that went on to develop into two baby girls in 2018. The current CRISPR trials don’t have the same ethical challenges – the therapies are being tested in adults and children, and won’t lead to DNA changes that can be inherited.” This comment on using the technology in the eye was intriguing to say the least: “In an upcoming trial, people with an inherited blindness will have molecular scissors injected into their eyes.” Say what?!? (For the rest, see link above.)

Business Overhead Insurance: What It Is and What It Can Do For You

This type of coverage is also known as “Overhead Expense Insurance.”  It is used to protect  your business’s ability to meet everyday business expenses when a business owner or partner is too sick or injured to work. It’s a form of disability insurance and can provide for up to 100% of covered expenses such as: Rent, utilities, taxes, loan payments, salary and benefits of non-owner employees as well as up to 50% of the salary of your replacement. That means if a physician has this coverage, not only will it cover staff, mortgage/rent payments and utilities, but it can also cover some of the salary for another doctor to take your place while you heal! This coverage has kept many practices alive during hard times. (For more information on coverage options, see link above, Page 10.) 

Telomere Shortening and Stress

This is an interesting topic, as it’s not often one of the first concerns that most western physicians think of when treating patients with declining health. Bruce Lipton, a microbiologist, has proven that individual cells are not physically able to be in stress (protection) mode while they are in growth and healing mode. They can’t physically do both at the same time – it’s one or the other. Knowing that, this information is important to address. “Stress has been reported to accelerate aging and the onset of age-related diseases. Recent research links both chronic and perceived stress with telomere shortening, a phenomenon with a known relationship to cellular aging. Research has shown that psychological stress can influence telomere length through several pathways. Apart from oxidative stress, research has linked other physiological effects of psychological stress to telomere length.” (For the rest, see link above.) 

For access to our monthly meetup:

The Austin Physician Network

Austin, TX
27 Members

This group is for Austin area medical practioners. The format is part educational and part social. For education, we’ll have experts come in to give brief talks on topics that…

Next Meetup

October Austin Physician Network Meetup!

Thursday, Oct 24, 2019, 5:30 PM
3 Attending

Check out this Meetup Group →

Medical school and CME’s are great for making us good physicians. What they are lacking though is education on how to handle debt, financial planning and run successful medical practices. To help our community with this knowledge, we start each meetup with a brief education on a monthly business-related topic that’s not taught in CME’s. The second part of each meeting is for socializing to get to know our peers and build-up our patient referral networks. Our patients request specific doctor types from us and appreciate it when we can provide contacts instead of telling them to use Yelp for a recommendation. If you (or your physician colleagues) are in the Austin area – you’re invited to attend.

Disclosure: Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is an indirect, wholly-owned subsidiary of Guardian. Capitol Wealth Strategies is not an affiliate or subsidiary of PAS or Guardian. Not practicing podiatry for Guardian or its subsidiaries or affiliates. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. 2019-86341Exp. 9/21

Step by Step: Financial Strategies for Physicians

When we graduate from our medical schools, we are filled with the knowledge of how to help people heal. These skills help us do amazing things. They come at a price though. I graduated in 1999 with $160,000 in student loans. That seemed like a lot and not knowing how to deal with it created stress and admittedly, some resentments. Nowadays, I’m seeing new graduates with student loan debts over $200,000 and recently spoke with a young physician with over $400,000 of student loans. Many doctors are overwhelmed with trying to figure out how to juggle student loans, the purchasing of practices as well as raising families in a house of their own. There are steps to ensuring success with these.

  • Spend a little extra to find (and keep!) a great practice manager and staff. Most doctors think that their “team” only means the people in their office. It’s much broader than that.
  • Work with a financial advisor. Now that I do this work, I am inspired by the numerous ways we help physicians organize their finances, protect incomes, join forces with other doctors by expanding a practice, help with practice valuations, business exit plans, set-up office 401k’s and key employee retention plans. We can get you organized on a personal as well as a business level to make sure you are saving for retirement and paying off debts in the best possible order.
  • There are several insurances that can make or break a career. Individual Disability Insurance is a must which many people overlook. They protect homes and cars, but don’t think to protect their most important financial asset– their ability to earn an income. If you are a business owner or are looking to open your own practice make sure to obtain Overhead Expense Insurance. If you get injured and cannot work, it can cover various business expenses, and may even provide for a salary for a replacement physician while you recover. Malpractice Insurance is another option that you should consider.*
  • Have a great banker that works specifically with physicians. Many banks having lending programs for startup practices, with very little to nothing down. These programs prevent some of the added, high costs of obtaining SBA loan, and they are specifically targeted for the healthcare industry.
  • Choose a business structure. Deciding between an S- Corp, C-Corp, LLC or sole practitioner status can determine how you pay taxes and your personal liability level. Hiring an attorney, accountant or business consultant can help.
  • Have a pro forma / business plan and set milestones for growth. Example: When I hit a certain income or number of patients, I’ll hire another doctor or expand. Stick to your plan.

First things first, slow down to set things up the right way. There are many steps. Don’t worry, you can take them one at a time and check them all off. Make sure to surround yourself with a great team.

*Neither Guardian nor its subsidiaries issue Malpractice Insurance. Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ:901 South Mopac Expressway, Barton Oaks Plaza, Ste 150, Austin, TX 78746,512-626-5027, joshelbrown@CWSplanning.com. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of TheGuardian Life Insurance Company of America® (Guardian), New York, NY. PAS is an indirect, wholly-owned subsidiary of Guardian.

Joshel R. Brown, DPM

Financial Advisor