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Financial Planning Handbook For Physicians And Advisors 1st Edition

4.8 out of 5 stars 6 customer reviews
ISBN-13: 978-0763745790
ISBN-10: 0763745790
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Editorial Reviews

About the Author

Dr. David Edward Marcinko, MBA, CFP, CMP, is a health care economist, lexicographer, and board certified surgical fellow at Temple University. In the past, he has edited four practice-management textbooks, three medical texts in two languages, and six financial planning books, and two CD-ROMs for physicians, hospitals, financial advisors, accountants, attorneys, and health care business consultants. Internationally recognized for his work, he provides litigation support and expert witness testimony in State and Federal Court, with clinical publications archived in the Library of Congress and the Library of Medicine at the National Institutes of Health.

Dr. Marcinko also has numerous editorial and reviewing roles to his credit. His most recent offerings from Springer Publishing Company are "Dictionary of Health Economics and Finance" (2006) and the forthcoming "Dictionary of Health Information Technology and Security" (early 2007), both co-edited with Hope Hedico. He has also edited the classic "The Business of Medical Practice: Advanced Profit Maximization Techniques for Savvy Doctors", now in its second edition (Springer Publishing Company, 2004). A favorite on the lectuer circuit and often quoted in the media, he speaks frequently to medical and financial societies throughout the country.

Dr. David Edward Marcinko, MBA, CFP, CMP, is a health care economist, lexicographer, and board certified surgical fellow at Temple University. In the past, he has edited four practice-management textbooks, three medical texts in two languages, and six financial planning books, and two CD-ROMs for physicians, hospitals, financial advisors, accountants, attorneys, and health care business consultants. Internationally recognized for his work, he provides litigation support and expert witness testimony in State and Federal Court, with clinical publications archived in the Library of Congress and the Library of Medicine at the National Institutes of Health.

Dr. Marcinko also has numerous editorial and reviewing roles to his credit. His most recent offerings from Springer Publishing Company are "Dictionary of Health Economics and Finance" (2006) and the forthcoming "Dictionary of Health Information Technology and Security" (early 2007), both co-edited with Hope Hedico. He has also edited the classic "The Business of Medical Practice: Advanced Profit Maximization Techniques for Savvy Doctors", now in its second edition (Springer Publishing Company, 2004). A favorite on the lectuer circuit and often quoted in the media, he speaks frequently to medical and financial societies throughout the country.

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Product Details

  • Paperback: 312 pages
  • Publisher: Jones & Bartlett Learning; 1 edition (June 1, 2004)
  • Language: English
  • ISBN-10: 0763745790
  • ISBN-13: 978-0763745790
  • Product Dimensions: 6 x 0.5 x 9 inches
  • Shipping Weight: 3.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.8 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Best Sellers Rank: #1,166,388 in Books (See Top 100 in Books)

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Format: Paperback
In his book Financial Planning Handbook for Physicians and Advisors, Dr. David E. Marcinko, MBA, CMP, CFP provides us with a simple and yet very complete view on the basics of financial planning that every physician should know in order to maximize our chances for success in the financial aspect of our medical careers and personal lives. The book is well structured, organized and easy to read. Divided in ten chapters, it covers important aspects of personal financial planning such as insurance, home mortgages, retirement plans, auto buying, taxes and more.

In an era where doctors must have a solid understanding of the basics of financial management, this book is a must-have on every physician's private book collection. Although not a substitute for a formal business education, this book will help physicians navigate effectively through the hurdles of day-to-day financial decisions with the help of an accountant, financial and legal advisors.

This book would make an excellent reference for teaching medical students and residents the basics of monetary management. I highly recommend this book and commend Dr. Marcinko and the Institute of Medical Business Advisors, Inc. on a job well done.

Manuel J. Colón, MD
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Format: Paperback Verified Purchase
Financial Planning Handbook for Physicians and Advisors is a great overview of investing and financial planning for anyone, not just physicians. Dr. David Marcinko has a gift at distilling the information needed for a physician to feel more confident about investing and also lays out the pitfalls and areas that physicians should pay special attention to. His experience as a Doctor and a financial planner/advisor give him the authority and insight to talk about this area. He is also the Editor-in-Chief of the comprehensive text The Business of Medical Practice. The referenced tax law in the book is outdated in this edition and newer PP-ACA information I understand will be reflected in an upcoming edition.

I recommend this book to any physician that desires an honest no-sales approach to understanding the financial planning and investing world.
David K. Luke, MIM CMP
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By A Customer on July 2, 2004
Format: Paperback
The "Financial Planning Handbook for Physicians and Advisors" is essentially a "how-to book" on finance, financial planning and related topics for healthcare providers. Fortunately for patients, medicine requires a high degree of professional training, both in terms of science and technology. Unfortunately for providers, it affords little time for learning about financial or investment planning.
More to the point, this is an unusual textbook on financial planning for two reasons. First, it is a detailed guide for physician's seeking the complex road to success and profit in the confusing healthcare industrial complex. Rarely does one see such clarity of presentation, without the usual jargon that often discourages those trying to learn such a foreign and forbidding subject, as finance. Second, the subject matter is focused for medical providers who work in one of the fastest growing industries in the United States. The contributors hope that by integrating the disciplines of financial planning, they will help foster affordable and profitable healthcare for our nation, which is so entrepreneurial, yet aging.
In my thirty-five years on Wall Street, I have observed that physicians are particularly disadvantaged when it comes to anything regarding finance. Most medical professionals have enough on their mind practicing their specialty and keeping up with healthcare technology and practice trends, that planning for their financial future is often forgotten. Financial planning and good investment practices require a solid background of how corporations work in the "real world", and an awareness of how they function within the economy.
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