Life After Residency. A Career Planning Guide

Description

This 2nd edition has been updated and offers residents an even more useful, step-by-step guide to achieving a successful and fulfilling career in medicine. The book's authors began running seminars at Stanford to advise their residents on various important topics not traditionally taught in medical school or residency, but all essential for establishing a successful career in medicine. These topics include creating a curriculum vitae and landing a great job, financial advice for student loans and retirement planning, understanding malpractice insurance, applying to medical staffs, and other important topics. Each chapter from the previous edition is expanded and updated. New chapters have been added to address the following key topics: · EMRs · Payment for services · Leadership · Understanding hospital administration · Physician wellness Loaded with sage advice and practical wisdom, Life After Residency, 2nd Edition continues to be an invaluable asset for every resident during the transition from residency to life thereafter. Preface Part I: Navigating the Initial Transition Part II: Setting Up Shop for the First Time Part III: It’s a Marathon Not a Sprint: Sustainability and Relevance for Your Career and Life Acknowledgments Contents Part I: Navigating the Initial Transition Chapter 1: Finding the Right Fit 1.1 Choosing the Right Location 1.2 Practice “Fit” 1.3 Practice Types 1.3.1 Government Practice 1.3.2 University Academic Practices 1.3.3 Prepaid Group Practice 1.3.4 Private Practice Options 1.4 What Can I Expect as a Salary? Chapter 2: Getting Ready for the Job Search 2.1 Why a Curriculum Vitae? 2.2 What’s in a CV? 2.3 The Cover Letter 2.4 Letters of Reference Chapter 3: Identifying Practice Opportunities 3.1 Popular Resources for Job Searches Alumni Networks 3.1.1 Association Meetings 3.1.2 Residency Program Faculty 3.1.3 Online Postings 3.1.4 Professional Publications 3.1.5 Recruiters 3.1.6 Regional Hospitals and Clinics 3.1.7 Co-Residents 3.2 Real-Life Job Search Examples 3.2.1 Staying Close to Home 3.2.2 Geography 3.2.3 When You Need Not One but Two Jobs... 3.2.3.1 Finding a Match for Two 3.2.4 Faculty Network 3.2.5 Locum Tenens 3.3 The Cold Call 3.3.1 Things to Do 3.3.2 Things Not to Do During the Cold Call 3.4 Timing Your Job Search Chapter 4: The Interview 4.1 Handling Difficult Questions 4.2 Preparing for a Variety of Questions 4.2.1 Anesthesiology 4.2.2 Pediatrics 4.2.3 Internal Medicine 4.2.4 Surgery 4.3 After the Interview Chapter 5: Evaluating the Offer 5.1 Evaluating the Group 5.2 Buy-In 5.3 Compensation Systems 5.4 Benefits 5.5 Comparing Compensation Offers 5.6 What Else Can You Expect to Negotiate? 5.7 Employment Contracts and Other Documents Part II: Setting Up Shop for the First Time Chapter 6: Medical Staff Credentialing and Privileges 6.1 Credentialing 6.2 Obtaining Privileges to Practice Chapter 7: Obtaining and Maintaining Your Medical License 7.1 Obtaining Your Medical License 7.2 Maintaining Your Medical License (Recertification) 7.3 Continuing Medical Education Information 7.4 Specialty Certification 7.5 Drug and Alcohol Issues Chapter 8: Malpractice Insurance 8.1 Types of Malpractice Insurance 8.2 Premiums Vary by State 8.3 Other Determinants of Malpractice Premiums 8.4 Other Malpractice Insurance Issues 8.5 How Do You Choose a Malpractice Insurance Carrier? Chapter 9: Financial Planning for the New Practitioner 9.1 Who Are the Sharks? 9.2 Insurance 9.3 Real Estate Investments 9.4 Paying Off Student Loans 9.5 Contributing Pre-tax Dollars Toward Retirement 9.6 The Basics of Investing 9.7 Keeping Up with Inflation 9.8 Cash Investments 9.9 Bonds 9.10 Stocks 9.11 Mutual Funds 9.12 Exchange Traded Funds 9.13 Sample Portfolios 9.14 Dollar-Cost Averaging 9.15 How Do You Find a Financial Advisor? Further Reading Chapter 10: Power and Pitfalls of Social Media 10.1 What Is Social Media? 10.2 Why Engage in Social Media? 10.3 Promoting Your Practice 10.4 Social Media to Promote Research 10.5 Blurred Lines of Personal and Professional on Social Media 10.6 Social Media and Professionalism 10.7 Social Media and Legal Implications 10.8 Social Media as a Distraction 10.9 Social Media and Privacy 10.10 In Conclusion References Chapter 11: When Things Don’t Go as Planned Part III: It’s a Marathon, Not a Sprint. Sustainability and Relevance for Your Career and Your Life Chapter 12: Things You Should Know About Hospital Administration 12.1 How Many Hospital Administrators Do We Need and Are They of Any Value? 12.2 Press Ganey 12.3 Metrics – Benchmarks – Mandates 12.4 Hospital Committees 12.5 Another Take on Physician Burnout 12.6 Suggestions to Solve the Many Problems are Mentioned Below References Chapter 13: Careers Outside of Clinical Medicine 13.1 Introduction 13.2 Preamble 13.3 What Are Some of the Common Reasons People Consider a Job Outside of Clinical Work? 13.4 How Do You Find Something Else to Do Outside of Clinical Medicine? 13.5 Part Timing It 13.6 Medical Administrator (See Chapter 12) 13.7 Industry 13.8 Research 13.9 Outside of Medicine Altogether 13.10 Get Creative, Be an Entrepreneur 13.11 Examples Abound 13.12 Conclusion References Related to Burnout and Data Suggested Publications That May Guide Towards a Successful Non-medical Career Chapter 14: Physician Wellness 14.1 Healthy Lifestyles Are Hard to Establish During Residency and During a Busy Medical Career 14.2 Healthy Eating 14.2.1 What You Eat 14.2.2 What You Drink 14.3 Appropriate Exercise 14.4 Stress Reduction 14.4.1 The Many Causes of Physician Burnout and How to Avoid or Mitigate It Appendix A: Sample Physician CV Appendix B: Job Search Timeline Worksheet Appendix C: Sample Timeline – Months Prior to Anticipated Practice Start Date Appendix D: Tips on How to Maintain Your “Good Name,” that is, Being Professional Index