YOUVE GOT THIS Managing Your Time and Money for Workplace and Family - PowerPoint PPT Presentation

YOU’VE GOT THIS Managing Your Time and Money for Workplace and Family Balance Catherine Benbow, DO

I HAVE NO FINANCIAL DISCLOSURES

PERSONAL DISCLOSURE I am a family medicine physician doing part time outpatient family medicine, inpatient pediatrics and obstetrics. I am NOT a financial planner, lawyer, or expert in burn out!

MORE MONTH THAN MONEY Budgeting 101

BUDGETING: OR MAKE YOUR MONEY WORK FOR YOU.  What’s a budget Resources Page: Budgeting software/apps - ”the amount of money that is Books available for, required for, or assigned to a particular purpose” Blogs ▪ What to budget - monthly expenses, loan repayment, childcare, CME, licensing, fun, financial goals, taxes

NEGOTIATE YOUR SALARY  1. Family Medicine is in high demand.  2. Walk away from any organization or practice that will not negotiate with you!  3. Have several options you would be happy with.  4. Terms to be familiar with:  Contract Term ( annually? 2 years, 3 years, 5 years?) (Put date in your phone)  Non compete and Radius of Non compete if present.  Fair Market Value for Salary (Be familiar with the going rate and entities that determine)  Sign on Bonus (Considered income/taxed, paid back with interest if you leave)  Vacation Time/ CME Time  CME Money, Professional Organizations, Licensing, Certifications

US Department of Health and Human Services Greene County 16 Taney County 16 Camden County 16 Calloway County 10 Phelps 12

NEGOTIATE YOUR SALARY  YOU ARE A FAMILY MEDICINE PHYSICIAN AND IN HIGH DEMAND!  Ask for what you want.  Be willing to walk away.  Always have a back up plan.

NON TRADITIONAL PHYSICIAN EMPLOYMENT  Family Medicine has a plethora of options.  Outpatient Primary Care  Hospitalists Medicine  Traditional Practice (Inpatient and Outpatient)  Emergency Medicine  Direct Primary Care  Private Practice  Employed  Academic (Residency, Medical School, Research)  Locums Keep your skills up, always network, you never know what opportunity will come up in the future.

AVOIDING BURNOUT Or preventing physician abuse.

AVOIDING BURNOUT  Strong factor in burnout is loss of control over one’s life.  Find a good organization and negotiate a good contract that gives you options over your career and how long you stay there. Schedule margin in your life. ▪ Self care (exercise, personal faith, sleep, hobbies) ▪ Relationship Care (family time, time with friends, date night) ▪ Work Care (how many days are you in clinic, how many patients do you see, how many weekends do you work, when do you get home in the evening, do you have times you are completely off) Be Firm about your Margin Time ▪ You must be your own advocate. Unfortunately the health system is in crisis and does not care about you right now. ▪ Say no: “No, I will not see that many patients daily because it is unsafe.” “No, I will not work an additional weekend because you do not have appropriate staffing.” “No, I will not be on another committee or a committee that meets on my day off.”

AVOIDING BURNOUT  Stand up for yourself.  If there is a policy, person, or patient you think is harmful to physician well being say something.  Don’t be afraid to speak to your CEO  Staff, Burnout, Contract, Quality Improvement Project  Be the canary in the mine for your fellow physicians. (You are not the only one)  Physician burnout is physician abuse.  Do your part to take care of yourself and respectfully stand up with other physicians to help make the changes the health system needs. It is in the best interest of our patients that we are well.

REFERENCES  American Academy of Family Physicians. “Physician Burnout (Position Paper). 2014 COD. Retrieved from http://www.aafp.org/about/policies/all/physician- burnout.htmlPhysician Burnout Series  Association of American Medical Colleges. “Significant Primary Care, Overall Physician Shortage Predicted by 2025.” Mar 03, 2015. Retrieved from http://www.aafp.org/news/practice-professional- issues/20150303aamcwkforce.html  Budget. (2017). Merriam-Webster.com Retrieved April 04/2017, from https://www.merriam-webster.com/dictionary/budget  Health Resources & Services Administration. “Health Professional Shortage Areas (HPSA) – Primary care.” Data as of 01/01/2017 . Retrieved from https://datawarehouse.hrsa.gov/ExportedMaps/HPSAs/HGDWMapGallery_BHPR _HPSAs_PC.pdf