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The Hidden Liability That Could Bite Your Physicians Hard

Few practice managers are aware that their retirement plan could hold one of the largest personal financial risks in their practice. To understand why, you need to learn the term “fiduciary.” A fiduciary is someone in a special position of trust on whom others rely. On a qualified retirement plan like a 401(k), 403(b) or cash balance plan, fiduciaries are those involved in decisions on the plan, including the plan trustees, committee members and usually the CEO, CFO and head of H.R. As practice manager, you may also be a fiduciary. One fiduciary is always named in the plan document, […]

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From My Clients

“Rebecca working with you has been such a pleasure. As you know Practice Managers are far beyond busy and getting the security policies done is so important therefore getting us out of the office to get them done in two days is the only way to do it. Not only did you make it easy for us, you got us out of our offices, provided a lovely environment to work in and we walked away accomplishing an extremely daunting task. Practice Manager Solutions is top notch. Thank you and please keep me informed if you decide to do another workshop.”

Emely Edwards, Dr. Rene Cruz’s Office


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