Despite the many advancements made in the field of medicine, there still seems to be a problem that has persisted over the years with minimal progress. It’s an issue that a lot of physicians aren’t aware of, but has greatly impacted the careers of their female colleagues – gender inequality. The healthcare industry seems to be stacked against women, where discrepancies exist and opportunities are not as available. Implicit and unconscious biases that contribute to this problem. 03:26 This week’s guest, SoMeDocs (https://doctorsonsocialmedia.com/) . Dr. Jain shares her personal stories on the challenges she has faced from medical school, to residency and as a practicing doctor that she mistakenly thought were unique to herself. 05:50 She also discusses the direct correlation between improvement of women’s healthcare as more female doctors advance as leaders in the field. 11:52 This is why it’s important that support is given to those who choose to go into medicine and are faced with particular concerns like maternity leave policies. 10:43 She also dives into social media and how it can be leveraged by women doctors. 24:00 In addition to educating and correcting a lot of misinformation that is rampant online, it can also be used in networking, collaborating and mentoring. It’s also a great way to advance your career as you can brand yourself and share research and studies that you have been a part of. 30:09 Dr. Jain (https://twitter.com/shikhajainmd) believes that by using social media to also spread awareness with regards the experiences of women in business will we be able to find interventions and solutions that can improve the healthcare industry overall. White Coat WisdomThis episode’s White Coat Wisdom is all about focusing on your own personal economy (https://www.sdtplanning.com/blog/focus-on-your-economy-during-crisis) rather than on the economy of the state or country you’re currently in. The past few weeks have put the world in a state of fear and confusion because of the COVID-19 pandemic, shaking our economic certainty and prosperity. While it’s okay to feel fear and panic, you can use this time to really look into your personal finances, so you can put your mind at ease. Take a look at the cash you have on-hand. Make a list of your typical spending and saving activities that you can temporarily put on hold so you can improve your cashflow. Identify any savings, investments or lines of credit that can help you as well, just in case you’ll need them. Even with the sense of uncertainty, it’s important to remember that we have already overcome great crises in the past, and we can certainly do that this time around. White Coat AchievementDespite experiencing trauma at a young age, this week’s White Coat Achievement awardee, has used this to become the passionate surgeon that he is today. Dr. Mike Malla, Chief Trauma Resident at Atrium Health, is able to empathize with those who are going through trauma, and understand the effects it may have on the loved ones surrounding the patient. He wrote an essay (https://atriumhealth.org/dailydose/2020/02/05/out-of-blood?utm_source=twitter&utm_campaign=organic_social) that was read at the 2020 Annual Scientific Assembly of the Eastern Association for the Surgery of Traumas, impressing attendees and moving them to tears. The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at (https://twitter.com/Shane_Tenny) .

White Coat Wellness

Women in Medicine and How Social Media Can Be Used in Healthcare

One of the biggest and major financial decisions that doctors and dentists face in their lives involves purchasing, building or renovating their own homes. A lot of preparation, time and money is involved in this whole process and it should not be taken lightly. But for those who have just finished medical school, plagued by student loans and supported only by a not-so-high wage, is it even possible to for a resident or those still undergoing training to purchase a house of their own? This episode’s guest is Jason Watkins from SunTrust Mortgage (https://www.suntrust.com/home-mortgages) , a company that offers a unique lending option that can help medical practitioners with purchasing homes and real estate. According to Watkins, their physician loan involves flexible financing with no down payment or mortgage insurance, and can be approved based on future income. This means it’s possible for practitioners who are just starting out to purchase a home. (03:56) He also discusses other loans that doctors can avail, including the jumbo loan, construction loan and renovation loan. (07:35) He also dives deep into the different aspects of mortgage and lending, such as insurance, rates, credit scores and the role that student loans play in the approval of a loan. (27:16) He gives insight into the process of applying for a doctor’s loan, what lending companies look into and how a practitioner can get started if they’re looking to buying a house as well. Watkins stresses the need for physicians and dentists to consult with a financial planner and mortgage broker before making the jump, as they will be more equipped to know what type of lending program will suit your needs and financial situation.  This episode’s White Coat Wisdom is all about financial habits. Habits are practices or tendencies that are hard to give up, as they have either stuck with you since you were a child or that you had acquired as you were growing up. These habits, whether conscious or subconscious, can have great impacts on your financial life. It’s important for you to have an awareness of these, especially the ones that can jeopardize your future. For instance, check whether you have the harmful habit of keeping up with the Joneses, or keeping disjointed bank accounts with your spouse. If you are mindful of these habits, then it’s easier for you to make better and sound decisions. This lets you stay on the path towards achieving your financial goals.   TikTok is taking the internet by storm, which has presented an opportunity to this week’s White Coat Achievement awardee. Dr. Danielle Jones, or Mama Doctor Jones (https://www.tiktok.com/@mamadoctorjones) , is an OB-GYN who is gaining popularity on the platform, with 184,000 followers as of writing. She creates these short, entertaining videos to provide sex and health education. One of which, a video that talks about Plan B, has gained 9.8 million views in under 48 hours. Her goal is to address misinformation and reach out to kids and teenagers who are constantly looking for health answers on the internet. The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at (https://twitter.com/Shane_Tenny) .

Real Estate Loans and Other Lending Options for Physicians with Jason Watkins

Being a doctor and practicing medicine is a noble profession. And when you ask a physician or medical practitioner, you used to hear about passion as the main reason why one should pursue this path in the first place. But sadly, the excitement and enthusiasm that is often associated with the practice is being heard less often. There is a lack of joy in the profession that’s prevalent among many doctors today, caused by burnout, among other things. Additionally, more practitioners moving out of an independent practice into one where they’re employed in a corporate organization. With this shift, can CEOs and the C-suite help address burnout and help the physicians working for their company? For this episode’s guest, SE Healthcare (https://sehc.com/) and law firm Saxton & Stump. He talks about the many trends he’s seen in medicine over the years and how the changing working environments are contributing to the issue of burnout. And because more are choosing to become salaried doctors, these new compensation systems are further exacerbating feelings of frustration, which can lead to being burned out. (13:31) He also discusses how fostering open communication between physicians and the organization is necessary as there’s a gap between how corporate management is done versus the training doctors receive in medical school. (20:50) This leads to medical practitioners feeling overworked, undervalued and underappreciated as corporations focus more on providing greater access to patients. For Dr. Mosser, the dialogue between the two parties have to improve and that constructive conversation has to take place. (21:51) The C suite must let their doctors know that they are listening to the doctors and that measures are being put into place to make sure that the problem is being taken cared of. He suggests implementing programs, systems and even incentives that can lift the physicians’ spirits and bring back the joy in medicine. It may take some time and effort, but it will be worth it in the long run. (33:29) At the end of the day, health corporations won’t be successful and effective if their doctors are burned out and unhappy. (23:57)  This week’s White Coat Wisdom tackles goal-setting (https://www.sdtplanning.com/blog/video-benefits-of-goal-planning?hsLang=en) and how this is the first step to achieving any type of goal, particularly financial goals. When you have goals in place, you’re setting priorities in terms of where you spend your money. It lets you be clear on whether you should throw your cash to a particular item or experience. You’ll also gain increased confidence in saying yes only if something will help you move towards your goal. You’ll be able to take ownership of your finances, which translates to more freedom in the long run. Dr. Quinn Capers is this week’s White Coat Achievement awardee for his transformative leadership in academic medicine. An interventional cardiologist, and professor of medicine and dean of faculty at the Ohio State Medical School, he focuses on uncovering implicit bias and reducing its effects in the admissions process in medical schools. In 2013, he introduced the implicit association test within the admissions examination at Ohio State Medical School. This particular test aimed to uncover hidden racial and gender biases that are prevalent not just among students, but in the administrators as well. He paved the way for the existence of more minorities in medicine. He loves sharing his insights on Twitter (https://twitter.com/DrQuinnCapers4/status/1223378842322178049?s=20) , along with other interests like his push-up hashtag challenge. The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a...

How Health System Executives Can Address Physician Burnout with Dr. Kevin Mosser

Money is among the main causes of stress in a marriage. It’s a tough topic to talk about in many couples, whether you’re in the medical field or not. And the core issue isn’t money itself, but in how much you trust your partner when it comes to managing your finances. (01:39) One of the biggest problems that have affected couples is financial infidelity, wherein a spouse makes major money decisions in secrecy. If not addressed or prevented, this can have detrimental effects that impact a marriage. This episode’s guests are John and Joan, a couple who shares their story of struggling through financial infidelity to shed light on this issue. John is a physician who, although had the same goals in terms of money with his wife, made some secret decisions that have taken a toll on their finances and their marriage. John talks about intellectual restlessness and curiosity, something that is quite common in physicians and medical practitioners due to their line of work. (24:55) He says that while it’s good to know more about a certain topic like financial vehicles, it leads to gaining false confidence that can lead to making ill-advised decisions. (18:36) You tend to develop a blind spot on the risks, failing to see that the more risks present, the more opportunities there are for losses and failure. (22:48) To avoid creating this prison and being entrapped in an unfortunate financial situation, John says you should acknowledge the problem and stop the behavior before it’s too late. Come clean and be honest to your spouse, so you can find solutions together. It won’t be an easy and pleasant experience, but you have the power to change your situation. (41:51) Joan also believes that whoever is in charge of the financial decisions in the relationship must be more transparent, honest and open. It’s also good to listen to a third-party’s opinion to provide an objective point of view to help you and your spouse align your goals and act as a referee when necessary. (38:57) At the end of the day, living in secrecy in a relationship creates a huge mental burden. (41:01) In terms of finances, it’s always best to work in a more transparent way with your spouse and value your relationship more. This week’s White Coat Wisdom is dedicated to residents or fellows who are transitioning (https://www.sdtplanning.com/blog/2019/05/06/hacks-for-physicians-transitioning-from-training-to-practice) from training to practice, or even attendings who are thinking of changing practices. This period can be a stressful time, but you can certainly prepare for it. First, make sure that you save cash so you don’t have to rely on loans or your credit card for expenses that you will incur. In this week’s White Coat Achievement segment, we honor Dr. Jeffrey Smith, an orthopedic traumatologist and physician wellness advocate from San Diego, California. He is the founder of Surgeon Masters (https://surgeonmasters.com/) , a company that’s dedicated to promoting wellness and raising relevant issues in the surgeon community. Besides helping create successful and sustainable medical practices, Surgeon Masters is also focused on treating physician burnout and providing strategies to prevent this from occurring. He also hosts the Wellness Edge (https://surgeonmasters.com/wellnessedge) , a wellness and resilience training program. The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at (https://twitter.com/Shane_Tenny) Additionally, you should know about any possible gaps in your health insurance and what your options are. Ask which benefits you...

Dealing with Financial Infidelity in a Marriage

It’s the dream and goal of many dentists to eventually start and run their private practice. You may have this perception that having your own practice is better than being an associate dentist, as you have more control over your time and what you want to do. While it is true that there are advantages to a private practice, there are also struggles that those who chose this path go through. These are normally what you wouldn’t see portrayed on T.V. or on social media feeds. Endodontist Night for Smiles (https://anightforsmiles.org/) , a nonprofit organization that’s dedicated to make dental care more accessible in Charlotte and North Carolina. On top of all her professional work, she is also a wife and mother to three children. In this episode of White Coat Wellness, Dr. Chopra shares some of the issues she encountered, as her practice was growing. One major problem was trying to find the right work/life balance, which can be a struggle if you’re used to doing everything on your own. It’s important to see where you need support and seek help for it. (08:38) Find the right associate or partner clinicians to help you run the practice is also essential, even if it might take years because not everybody’s going to be a good fit. (12:02) And when you have your staff, learn to let go and delegate tasks. Create systems for accountability too, so you know that things are getting done even when you’re not around. (21:30) When burnout begins, she believes it’s important to do a bit of introspection and see where things need to be different. Change starts from the top down, so leaders have to take the first step. (16:09) She also suggests other strategies to help when things in your practice get exhausting, like meditation and taking breaks and time off for yourself. (17:17) Ultimately, a great private practice is one where priorities are sorted out, collaboration is occurring among the partners, and that work is also done on the practice and not in it. (23:19) This week’s White Coat Wisdom is for transitioning physicians who are considering purchasing a house as they relocate to a new city. While every situation is different, there are a number of factors that you should consider if you’re in the same position. Ask yourself if you’re familiar with the new city and how long do you see yourself staying. Is this practice going to be the right for you? There are also financial considerations, like how much you have in your budget now for housing and if it would be better to rent a property instead. Buying a house (https://www.sdtplanning.com/blog/2019/03/21/home-buying-tips-for-physicians-and-dentists) is a big decision and this should be thought out carefully. Dr. Sherilyn Sheets and Fern Ingber, founders of America’s Tooth Fairy, National Children’s Oral Health Foundation (https://www.americastoothfairy.org/) is featured in this episode’s White Coat Achievement Segment. These two individuals established the organization, which is a collaborative effort to address the epidemic of pediatric dental disease. Since it was established, America’s Tooth Fairy was able to provide oral healthcare and education to over 7 million children. Their activities include awarding financial grants and educational materials to nonprofit dental clinics and community partners as well, with a focus on children in underserved populations. The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at (https://twitter.com/Shane_Tenny)

How to Survive and Thrive in a Growing Dental Practice with Dr. Sonia Chopra

Becoming a doctor is a highly regarded opportunity that takes a certain type of person to embark on. While this profession is honorable, media often glamorizes it, only showing the good sides of a physician’s life. But what’s hidden in the public eye are the exhaustion from long hours of study and shifts at the hospital, or the pressure and anxiety that comes from ensuring that patients are being taken cared of. And this is just internally – there are insurance companies to deal with and student loans to pay. (05:03) According to a Mayo Clinic study (https://www.mayoclinicproceedings.org/article/S0025-6196(18)30938-8/fulltext) published in the Journal of American Medical Association, half of medical residents are experiencing burnout, stress and depression. Dr. Neela Rao, who specializes in facial plastic and reconstructive surgery at Charlotte Eye, Ear, Nose and Throat Associates, is among this alarming statistic. She talks about the struggles she personally faced while doing her medical training and how it’s a pretty common experience during this time. And the majority only realize the gravity of the situation once the training is over. (14:00) She believes that a lot of it has to do with how future doctors are somehow trained to think in terms of checklists, that they end up going through the motions and not living their own lives outside of medicine. (16:19) This doesn’t just affect their own personal lives, but their relationships with others too. Fortunately, there is now more dialogue surrounding the subject of physician or resident burnout that the stigma it used to have is being broken. Resources and programs are available to trainees, which is a step in the right direction, but the long hours that training requires makes it tough for trainees to actually have time to take advantage of these resources to help with their own struggles. (22:20) Doctors should give themselves more credit and take a step back to celebrate successes or wins experienced during residency. She also gives tips to help cope with the stress during medical training, such as practicing mindfulness and gratitude. You should also remind yourself why you wanted to be a doctor in the first place, as it’s easy to lose sight of your purpose because of the daily grind. (21:09) For Dr. Rao, it’s okay to feel something real for your patients. You don’t have to be a robot because at the end of the day, you are a person who has the capacity to feel emotions. (24:06) This week’s White Coat Wisdom dives into emergency funds and how these are part of the foundation of a solid financial plan. These designated cash reserves should be fully liquid, easy to access or transfer and must not be used for ordinary expenses. You can also take advantage of online banks, where you can yield higher interest than brick and mortar banks would offer. According to research, facing malpractice litigation is a pretty common occurrence. However, it’s still considered a taboo topic to talk about in the medical industry. Dr. Stacia Dearmin, a pediatric emergency medicine doctor, aims to change that by providing information and support to physicians who are struggling in this area. Lawsuits cause additional stress and are on of the causes that lead to high burnout and suicide rates among medical practitioners. She is featured in this week’s White Coat Achievement segment for her work on Breaking Our Silence Around Malpractice Litigation (https://www.thrivephysician.com/blog/2018/12/1/breaking-our-silence-around-malpractice-litigation) she shares insights that she learned from winning her own litigation case. The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in...

Managing Stress and Relationships During Medical Training with Dr. Neela Rao

Have you ever had days when just opening the door to your office becomes physically painful to do so? Maybe you’ve had moments that, despite feeling genuine love and care towards your patients, you just are not in the mood to see them. Are you going through the motions and slowly losing the ‘why’ that has kept you going in your medical career? If you’ve nodded your head in agreement as you read these questions, you may be among the many physicians who are part of the growing statistic of practitioners suffering from burnout. Dr. Dike Drummond, who is a Mayo-trained family doctor, juggled various roles – full-service family doctor, physician leader to name a few – for decades before finally deciding to walk away from his medical career at the age of 40. The last straw for him was feeling like he was being choked the moment he stepped in his private practice office. He is now the CEO and founder of Quadruple Aim Physician Leadership Retreat (https://support.thehappymd.com/quadruple-aim-physician-leadership-retreat-2020) that teaches people to be wellness advocates for themselves and for others. Dr. Drummond discusses what physician burnout looks like and the classic symptoms you have to watch out for. (12:40) These include physical and emotional exhaustion, compassion fatigue, losing the connection to your purpose, and energy levels being in a negative state. There are also a number of factors that can cause burnout, ranging from personal factors like the choice to become a doctor to the medical system itself. (25:45) While this phenomenon has been studied in the past, only recently has it been recognized as a serious problem in the healthcare industry. (16:13) An interest in burnout has also spiked due to reported cases of digital overload caused by the adoption of Electronic Medical Records (EMR) in the workplace. If not addressed as soon as possible, burnout can lead to many consequences that can affect not just the physician, but the patient itself – from medical errors to low care quality, to doctors turning to drugs and alcohol. The suicide risk among physicians is almost double than those of regular people, which is an alarming rate. (14:54) The first step in facing burnout head on is to recognize what it is that you want as being doctors, you’re somehow programmed to only do what is expected of you. (35:05) Then build strategies and solutions that can help shift your reality into that of what you desire as a medical practitioner. Dr. Drummond also points out that burnouts are markers for important turning points in your life. (38:26) It’s in that moment that you can choose to take matters into your own hands and lead your career into the direction that you’ve always wanted. This week’s White Coat Wellness introduces the concept of paying for college (https://www.sdtplanning.com/blog/2019/09/12/paying-for-college-3-simple-steps) , rather than saving up for it. Many people underestimate their ability to qualify for programs such as the Free Application for Federal Student Aid (FAFSA), not even attempting to apply because they feel they’ll be denied right away. Shifting this perspective in terms of funding for college could make a huge difference especially in future student debts. It is also possible to be a full-time medical practitioner while pursuing your passions through side gigs. Anesthesiologist and entrepreneur Dr. Navin Goyal, who is being honored in this week’s White Coat Achievements segment, shows you how it’s done. He is co-founder and CEO of Loud Capital, a company that provides venture funds and supports small businesses across the country. They’re currently holding a pitch competition (https://www.prnewswire.com/news-releases/loud-capital-and-chicago-bulls-announce-pitch-competition-for-entrepreneurs-300930897.html) for budding entrepreneurs who want to turn their business ideas into reality. The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from...

Behind Physician Burnout with Dr. Dike Drummond

Obesity is not a simple issue, as many of us have been conditioned to think. And unfortunately, this misconception is prevalent in the medical community even today as there is a lack of education about this topic in schools. Because of these, people carrying excessive weight have been shamed, oftentimes even by the professionals in-charge of giving treatment and care. (07:11) On this episode of White Coat Wellness, Facing Overweight and Obesity, a Guide for Children and Adults (https://www.amazon.com/Facing-Overweight-Obesity-Complete-Children-ebook/dp/B07MC193TN) , a resource book on obesity and the different aspects of this condition that go beyond the physical.  Dr. Stanford shares that obesity is more than just a lifestyle choice. (16:15) It’s a debilitating illness often caused by many underlying issues, some of which are never addressed by medical practitioners in the first place. (16:54) It’s best not to take everything upon surface value – your patients may be eating right and exercising regularly, yet are still suffering from being overweight or obese. There’s a story behind the condition and patients will tell you about it, and your job as their doctor is to listen. (22:34) You also have to be aware of things that you’re subconsciously doing that discourage people with obesity, like using stigmatizing language and using items in your office that don’t emphasize their weight. (19:00) The right messaging must be used when addressing obesity and the treatment options, being mindful of any weight bias that we may have. (26:13) Public policy around obesity is also underway, as Dr. Stanford also talks about the Treat and Reduce Obesity Act (https://www.congress.gov/bill/116th-congress/senate-bill/595) . If enacted into law, more patients who meet the necessary criteria will be able to get the treatment and medications needed, at a more affordable price. (28:21) Taking away the shame and blame that obesity brings starts with each person, and you can certainly change any personal biases towards people carrying excess weight. This will turn you into a champion for your patient, which is what they need to conquer this disease. This week’s White Coat Wisdom is all about the savings snowball and how you can capitalize on opportunities to save more money. Saving takes discipline, and you can help yourself out by setting up automatic deductions that go straight into your savings, similar to automatic debts done for your bills. This will help you grow your savings, especially if you’ve just finished a long-term monthly payment scheme. A LinkedIn Top Voice Award in the Healthcare category, Dr. Louis Profeta (https://www.linkedin.com/in/louis-m-profeta-md-010b2690/) is featured in this week’s White Coat Achievement segment. He is an Emergency Medicine Physician in Indianapolis, Indiana who wrote 3 of the most read and shared articles on LinkedIn in 2017. These tackle national issues that are affecting college campus, including the opioid epidemic, drug and alcohol abuse, and sexual assault. The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at (https://twitter.com/Shane_Tenny) .

Understanding the Disease of Obesity with Dr. Fatima Stanford

It’s the goal of many dental practitioners to eventually own their private practice where they can practice their specialty or high-end dentistry. But as setting up shop is difficult even for seasoned dentists, so the trend nowadays is to find a business partner to help you out in this endeavor. This is what Dr. George Betancourt and Dr. John Pinnix did, who opened their own private practice in Charlotte, North Carolina. (02:35) On this episode of White Coat Wellness, these two owners of Advanced Dentistry of Blakeney talk about their journey in forming their practice and how they have made it into a successful business over the years. For them, it’s all about being on the same page with your partner in terms of outlook and philosophy and the level of dentistry you both want to practice. While you don’t need to be exactly the same, you need to have some point of similarity and espouse the same values not just in the industry, but in life too. They reveal that success didn’t come easy for them, but with a lot of hard work being put towards the same goal, they have come so far from when they started with just a couple of patients in a week. The growth may have been slow, but they grew the right way with the right time. And now, they are able to offer niche services that they have been interested in doing for a while. (11:48) For them, you also need to seek help in other aspects of a dental business, such as the legal and financial areas, as these are not taught at school. (24:59) Learn how to delegate tasks that you are not capable of doing and get good representation in those. Finding the right staff (16:27) is also a crucial part of the practice and having a good team by your side is a huge factor in your success. The same vision and goals that you and your business partner share must trickle down to everyone – the office staff, hygienists and assistants. Lines of communication must be open (20:30) and a high level of trust have to be shared among yourselves, so you not only succeed financially, but serve your patients effectively too. You must be willing to invest not just in your employees, but in new technology and equipment that can make improve the quality of your work. Ultimately, for Dr. Betancourt and Dr. Pinnix, it’s all about creating a balance between meeting financial goals, providing a healthy working environment and spending time with family and loved ones, while offering quality dentistry. To know more about Advanced Dentistry of Blakeney and the services they offer, you can check out their website: www.blakeneysmiles.com (http://www.blakeneysmiles.com) This week’s White Coat Wisdom discusses budgeting, one of the dreaded topics of financial planning. Budgeting is not an exact science, and in order to do it properly, you must veer away from the traditional way of executing it. Instead of tracking each expense you’ve incurred, choose 1 to 2 categories to focus on. Be extra mindful when making purchases in those areas, so you can control even a few aspects of your spending. Dr. Grace Yum is also featured in this week’s White Coat Achievements. A pediatric dentist by profession, she founded the Facebook group Mommy Dentists in Business Community (https://www.facebook.com/MommyDentistsinBusinessMediaNetwork/) , a group that helps moms be successful in their own medical careers. The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at (https://twitter.com/Shane_Tenny) .

Private Practice in High-End Dentistry with Dr. George Betancourt & Dr. John Pinnix

On Part Two of this special two-part episode of White Coat Wellness, we welcome back Dr. Carmen Teague, director of internal medicine for Atrium Health. Dr. Teague is a dedicated wife and mother of four who became a published author of a wonderful book titled Motherhood, Medicine, and Mayhem. She also sits on the board of Bless Back Worldwide, an initiative to provide medical services, educational experiences, and economic development to developing countries. On this episode, Dr. Teague joins us to discuss physician burnout and trends in medicine. First, Dr. Teague discusses her work at Atrium Health in Charlotte, North Carolina, and her journey to becoming the director of internal medicine. (2:03) Dr. Teague then addresses the main issues she sees in healthcare today, and the biggest challenges providers face (https://www.charlotteobserver.com/opinion/op-ed/article73382217.html) in today’s changing field with the Affordable Care Act. (5:24) Dr. Teague then reveals one thing she would change going on in medicine right now. (8:28) The episode then breaks for a bit of White Coat Wisdom with Will Koster, CFP®. In this episode, Will takes on the subject of physician mortgage programs. These programs are designed to be flexible to meet the unique needs of physicians, who often carry larger than normal debt loads and where training may hinder their ability to save for a down payment. SunTrust Physician Loan program offers 100% financing for homes up to $750,000 with no private mortgage insurance. These programs often come with a credit score requirement. If you are a physician in the market for a new home, you'll want to consider if a physician loan is right for you. (10:17) As we rejoin the conversation, Dr. Teague explores the immense issues of physician burnout, depression, and anxiety. (12:07) This leads to a discussion about the generational differences with respect to these issues within the medical community. (15:55) Dr Teague then wraps up the episode by exploring the affect consolidation in the healthcare industry has had on doctors and how one doctor can still make a difference in the world of massive healthcare systems. (17:44) Apply for a life changing experience through a GOtoGROW Scholarship If you would to join Dr. Teague's humanitarian efforts with Bless Back Worldwide, apply for a life changing experience through a GOtoGROW Scholarship.  GOtoGROW (https://www.sdtplanning.com/gotogrow-physician-scholarship/)  is a partnership between Spaugh Dameron Tenny and Bless Back. To hear the first part of this interview, listen to Episode 8 of White Coat Wellness. To find out more about Dr. Carmen Teague, visit her website carmen-teague.com. (http://www.carmen-teague.com/) This episode's White Coat Achievement highlights Dr. Wendy Dean, the president and cofounder of Moral Injury of Healthcare, a nonprofit organization dedicated to putting the care back in healthcare. Dr. Dean is a psychiatrist who has dedicated her career to finding innovative ways to make medicine better for both patients and physicians. Links and Resources: Jason Watkins – SunTrust Mortgage (https://www.suntrust.com/profile/jason-watkins-loan-officer-charlotte-nc-28210) SunTrust Doctor Mortgage Program (https://www.suntrust.com/home-mortgages/video/suntrust-mortgage-doctor-loan-program) Blessed Back Worldwide (https://blessbackworldwide.org/) The Moral Injury of Healthcare (https://www.moralinjury.healthcare/) The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at (https://twitter.com/Shane_Tenny) .

Physician Depression and Trends in Medicine with Dr. Carmen Teague - Part Two

On Part One of this special two-part episode of White Coat Wellness, we welcome Dr. Carmen Teague, director of internal medicine for Atrium Health. Dr. Teague is a dedicated wife and mother of four who became a published author of a wonderful book titled Motherhood, Medicine, and Mayhem. She also sits on the board of Bless Back Worldwide, an initiative to provide medical services, educational experiences, and economic development to developing countries.  First, Dr. Teague details her road to becoming a doctor and reveals that medicine was the last thing on her mind when thinking about what she wanted to do with her life. (2:00) After struggling with infertility that affected her life and medical career, Dr. Teague has four children (two daughters came by birth and two sons came by plane.)  The episode then breaks for a bit of White Coat Wisdom with Will Koster. In this episode, Will takes on the subject of physician mortgage programs. These programs are designed to be flexible to meet the unique needs of physicians, who often carry larger than normal debt loads and where training may hinder their ability to save for a down payment. SunTrust Physician Loan program offers 100% financing for homes up to $750,000 with no private mortgage insurance. These programs often come with a credit score requirement. If you are a physician in the market for a new home, you'll want to consider if a physician loan is right for you. (22:32) Dr. Teague explores the moments she came to the realization that certain things in life were outside her control and how she learned to embrace the craziness of life. (26:28) Dr. Teague wraps up the episode by examining what wellness looks like for her. (30:08) Apply for a life changing experience through a GOtoGROW Scholarship If you would to join Dr. Teague's humanitarian efforts with Bless Back Worldwide, apply for a life changing experience through a GOtoGROW Scholarship.  Click HERE to apply (https://lwalker777.wufoo.com/forms/m1jz05l10mjjp0m/) . For more with Dr. Carmen Teague listen to White Coat Wellness Episode 9. To find out more about Dr. Carmen Teague, visit her website carmen-teague.com. (http://www.carmen-teague.com/)   This episode's White Coat Achievement highlights Dr. Amber Robins, a board certified family medicine doctor practicing in Arlington, Virginia. Dr. Robins is a published author who brought twenty other female physicians and dentists together to share their memoirs in a book titled The Chronicles of Women in White Coats (https://www.amazon.com/dp/B07DJ3H6W1/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1) . She is also the co-founder of the Women in White Coats blog and has written for various media outlets on women in the medical profession. Links and Resources: Jason Watkins – SunTrust Mortgage (https://www.suntrust.com/profile/jason-watkins-loan-officer-charlotte-nc-28210) SunTrust Doctor Mortgage Program (https://www.suntrust.com/home-mortgages/video/suntrust-mortgage-doctor-loan-program) Women in White Coats (https://womeninwhitecoats.com/) The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at (https://twitter.com/Shane_Tenny) .

Finding Sanity as a Doctor in the Midst of the Stress with Dr. Carmen Teague - Part One

On this episode of White Coat Wellness, we welcome Dr. Sean Fox to discuss the broad topics of social media and student loans. Dr. Fox is a professor of emergency medicine, pediatrics, and is a part of the resident leadership team for the emergency medicine residency program at Carolinas Medical Center, part of the Atrium Healthcare network in Charlotte, North Carolina. In addition to his academic and clinical work, he also manages several educational websites geared toward the practice of emergency medicine. Dr. Fox begins the episode by talking about how he has embraced the internet and collaborative media to serve colleagues and the medical community. (2:06) Dr. Fox then examines the importance of online professionalism and discusses his membership in online communities. (7:02) We then hear about the medical podcasts Dr. Fox is involved with. (15:28) The episode then breaks for a bit of White Coat Wisdom with Will Koster. On this episode, Will takes on the subject of paying back student loans. Those not on an income-driven repayment plan or seeking public loan forgiveness could benefit from refinancing to get a lower rate. Spaugh Dameron Tenny partners with Common Bond to help doctors and dentists get the lowest refinance rates. Visit  cbpartner.co/sdt (../../../../../../../../../jeff/Desktop/Docs%20Worked%20on%20at%20work/cbpartner.co/sdt)  to learn about these special rates. (18:17) Dr. Fox explores what he likes best about his role as a resident leader in the emergency medicine residency program at Carolinas Medical Center. 20:13 Switching gears, Dr. Fox gets personal, as he discusses his own struggles with student loans. 23:41 Many medical students struggle with student loans and often have few sound resources to find answers. Dr. Fox then explores the possibility of medical schools providing education on financial issues, including student loans. 26:55 We then hear about the best financial decision he made for his family as well as his best tip for getting your finances in order. 32:08 To learn more about Dr. Sean Fox, visit him on twitter @nextdoordocs (https://twitter.com/NextDoorDocs) . This episode's White Coat Achievement highlights pediatrician Dr. Uchenna Umeh, and what she's doing to help fight youth depression and suicide. Dr. Umeh is the founder and CEO of Teen Alive, an online wellness resource dedicated to creating awareness for and fighting bullying, depression, and suicide in children, teens, and young adults. Dr. Umeh also started her own direct primary care practice to focus on high-risk children and teens and to change the stigma around depression. Links and Other Resources: ·       CommonBond (https://www.commonbond.co/) ·       Teen Alive (https://www.teenalive.com/) The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at (https://twitter.com/Shane_Tenny) .

Social Media & Student Loans - With Dr. Sean Fox

On this episode of White Coat Wellness, we welcome Dr. Sanjiv Lakhia. Dr. Lakhia is a physician with Carolina Neurosurgery and Spine Associates, with offices in Charlotte, North Carolina and Fort Mill, South Carolina. Dr. Lakhia joins us to discuss some of the unique financial pressures facing physicians today. (1:35) First, we hear Dr. Lakhi discuss the need for physician-specific health and wealth resources. (2:05) He goes on to examine how sound financial decisions can lead to better physical and emotional health. He also highlights the financial peer pressure that can undermine a physician's financial plans. (3:45) Dr. Lakhia then reflects upon financial mistakes he has made and the insight he gleaned in the process. (7:50) The episode then breaks for a bit of White Coat Wisdom with Will Koster. On this episode, Will takes on the subject of paying back student loans and explains when refinancing to get a lower rate could be the right decision. Spaugh Dameron Tenny partners with www.cbpartner.co/sdt (https://www.cbpartner.co/sdt) . (10:31) Dr. Lakhia discusses some specific investment propositions for doctors, specifically the pro forma, and talks about why he is not a believer. (12:34) He then addresses various biases, including overconfidence bias and confirmation bias that can affect decision-making. (15:56) Dr. Lakhia goes on to speak to the role financial pressure plays in physician burn out. (19:35)  The episode wraps up with Dr. Lakhia's best advice for medical students hoping to achieve financial wellness (21:46) Learn more about Dr. Sanjiv Lakhia and his work at Carolina Neurosurgery and Spine Associates by visiting their website at  https://www.cnsa.com/ (https://www.cnsa.com/) . This episode's White Coat Achievement highlights Dr. Aaron Brandt, chief orthopedic surgery resident at RESTORE team (http://heineman.org/restore-central-america/RESTORE team) , which stands for Reconstructive Surgery and Transmission of Operative Resources and Education. Dr. Brandt is the second resident civilian to have the opportunity to travel to Honduras through this program and learn from the local surgeons there. Links and Other Resources: RESTORE (http://heineman.org/restore-central-america/) CommonBond (https://www.cbpartner.co/sdt) The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentists to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentists in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at (mailto:shane@whitecoatwell.com)

Financial Pressures Influencing Physicians with Dr. Sanjiv Lakhia

On this episode of White Coat Wellness, we welcome Dr. Narjust Duma. Dr. Duma is a thoracic oncologist at the #LatinasInMedicine (https://twitter.com/latinasinmed?lang=en) . Dr. Duma begins the episode by discussing her family heritage in medicine and the differences in medical training in the United States and other countries. (1:57) Dr. Duma describes some of the challenges she faced in medical school and in her residency. (5:05) She then goes on to discuss how she navigated her financial journey during her residency, fellowship, and the transition to practice. (7:35) At 12:19 we break for a bit of White Coat Wisdom with Will Koster. This week: Credit Card Debt. Will points out that no amount of miles, rewards, or points ever make up for the exorbitant interest of a revolving balance on a credit card. Dr. Duma capitalized on the power of social media, building a community on Twitter specifically for Latinas in Medicine, and leveraged hashtags that helps Latinas working in Medicine connect to one another. Dr. Duma discusses how this community and hashtag came to life and what it represents. (13:40) Dr. Duma goes on to outline her involvement in other forms of advocacy and leadership in medicine. (18:08) Dr. Duma provides her unique perspective on promoting diversity within the medical community and expanding opportunities for minority doctors to thrive. She then discusses some of the ways she thinks the medical system can promote inclusion and better serve diverse communities. (21:30) We also hear about the dramatic progress she's seen in diversity and inclusion in the medical community since she finished medical school. (23:45) Dr. Duma wraps up the podcast by speaking out to medical administrators about the changes she would like to see regarding diversity and inclusion and promoting strategies for helping students of diverse backgrounds not just survive, but thrive. The episode concludes with a White Coat Achievement segment that features Black Men in White Coats (https://www.blackmeninwhitecoats.org/about-the-founder/) , a community that aims to bring awareness to the negligible number of black men in medical schools. (27:03) Links & Resources: ·      #LatinasinMedicine (https://twitter.com/latinasinmed?lang=en) ·      Black Men in White Coats (https://www.blackmeninwhitecoats.org/) Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentists in Charlotte, NC. To find out more, visit our website at (https://twitter.com/Shane_Tenny) 

Diversity in Medicine - With Dr. Narjust Duma

On this episode of White Coat Wellness, we welcome Dr. Erin Elliott. Dr. Elliott is a general dentist at Dental (https://www.postfallsfamilydental.com/) in Post Falls, Idaho specializing in solutions for sleep apnea and snoring. Dr. Elliott is a graduate of Houghton College and Creighton University Dental School in Omaha, Nebraska. Dr. Elliott begins the episode by describing her path to becoming a dentist and subsequently an owner of her current practice. 3:31 Dr. Elliott goes on to discuss how she developed a niche in sleep apnea and snoring solutions and how that passion led to YouTube success. 9:30 People often associate sleep apnea with obesity. Dr. Elliott dispels that myth as she defines sleep apnea and describes the contributing factors. 13:13 Dr. Elliott discusses how treating sleep apnea changed her practice and how she developed her side practice, Sleep Better Northwest (https://sleepapneanw.com/about-us/) . 18:03 The episode then breaks for a bit of White Coat Wisdom with Will Koster. On this episode, Will takes on the subject of deductibles. After the break, Dr. Elliott discusses her involvement with the dentist training program, 3D Dentist (https://3d-dentists.com/) , in Raleigh, NC. 23:00 Dr. Elliott wraps up the episode by describing what financial wellness means to her and outlining certain financial decisions she would have done differently. 30:20 To get in touch with Dr. Elliott or to learn more about her work at Post Falls Family Dental visit their website erinelliottdds@gmail.com (mailto:erinelliottdds@gmail.com) . The episode concludes with a White Coat Achievement segment that features Dr. Chris Durham, an oral and maxillofacial surgeon at the Oral Surgery Institute of the Carolinas (https://www.theoralsurgeryinstitute.com/) . Dr. Durham has partnered with Guilford County Schools to recognize four teachers in the science, technology, engineering, and mathematics fields, making sure they have the tools they need to continue the great work they do. The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at (https://twitter.com/Shane_Tenny) .

Dr. Erin Elliott: The Sleep Better Dentist

White Coat Wellness is a podcast for physicians and dentists that will educate, inspire, and encourage you to practice personal and professional wellness. Episodes feature discussions with physicians, dentists, and other leaders in the medical and dental world to bring you one step closer to making the right decisions to achieve your goals. If you would like to know more about the White Coat Wellness show, find show notes, and learn more about our host, Shane Tenny, visit whitecoatwell.com.

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White Coat Wellness

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