Financial and Workplace Well-Being for Doctors: Lessons for Life After Medical School

This free, academic lecture series is designed to help doctors take control of their financial and workplace well-being, so they can focus on what they do best—providing superior patient care.

Developed through a partnership between Ronald H. Wender, MD, FACA, a member of The Doctors Company Board of Governors, and Cedars-Sinai Medical Center, these lectures are an informative introduction to life after medical school for new clinicians, as well as a helpful refresher for other healthcare professionals. Get practical advice on subjects such as healthcare policy, financial markets, payoff strategies for student loans, personal financial basics, home buying 101, and how professional liability insurance works.

Series Modules

The International Journal of Medical Education, in a study published last September, found that medical residents and fellows have low levels of financial literacy and high debt. The average medical school graduate owes $241,600 in total student loan debt—six times as much as the average college graduate. Nearly 33 percent of respondents noted struggling to find funds for monthly expenses, regardless of their median income being around the national average. Researchers concluded that training in budgeting, estate planning, investing, and retirement planning is essential for providing medical school students—and doctors—with the ability to effectively manage finances.

The guidelines suggested here are not rules, do not constitute legal advice, and do not ensure a successful outcome. The ultimate decision regarding the appropriateness of any treatment must be made by each healthcare provider considering the circumstances of the individual situation and in accordance with the laws of the jurisdiction in which the care is rendered.


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