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The Prosperous Doc

Spaugh Dameron Tenny

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The Prosperous Doc Podcast (formerly the White Coat Wellness Podcast) is a show for doctors who are ready to improve their overall wellness in every aspect of life. In each episode we highlight real-life stories from physicians and dentists to inspire you to become a prosperous doc yourself and achieve personal, professional, and financial wellness. If you would like to know more about the Prosperous Doc show, find show notes, and learn more about our host, Shane Tenny, visit bit.ly/Prospero ...
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Women in medicine encounter unique challenges and opportunities. Five female physicians who formed a tight-knit bond during medical school have been actively examining these issues. Over the past few years, they have shared their experiences and developed strategies to support women in various aspects of their medical careers, including applying to…
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Healthcare access is not equal across all countries around the world. Pediatric orthopedic surgeon Dr. Brian Scannell is actively working to address this issue. Recently, he resumed his passion for medical missions, embarking on a journey to provide essential care to underserved communities. In this episode of the Prosperous Doc Podcast, as Dr. Sca…
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Every physician has felt it before: You have a bad day or work is stressing you out, and you start imagining what life would be like if you were doing something else. Most of us shake it off after a good night's sleep, but what do you do if that feeling doesn't go away? You don't necessarily want to leave medicine with all the time you have investe…
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Having a well-oiled team is a crucial piece of any successful business. Medical practitioners running their own practices are no stranger to the impact of employee turnover. In this episode of the Prosperous Doc®, Shane Tenny, CFP®, speaks with Dr. Michael Neal about the importance of building a strong team and hiring and retaining the right people…
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Physicians go to school to become physicians, right? Well, most of the time that’s true. Sometimes physicians go through all their many years of med school, residency, and fellowship to find that they’re actually more interested in research. Dr. Toyosi Onwuemene is one such physician, choosing to become a clinician researcher. And she thinks there’…
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Studies from the Medical Group Management Association (MGMA) and Healthgrades have confirmed that patients overwhelmingly want their physician providers to not just be smart and technically astute, but to also show compassion, comfort, patience, personality, and bedside manner. “The patient will never care how much you know until they know how much…
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Dr. Christine Meyer’s negative experience working as an employed physician in poorly managed medical practices motivated her to become an independent doctor and launch her entrepreneurial career with her husband. The pair believed that they could provide better patient care through their own venture. “I think the movement towards value-based care i…
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“Part of my identity was just being a doctor. I never thought I could do things outside of medicine,” says Dr. Michele Cho-Dorado, who wrote a children’s book about financial literacy and founded her own company to spread this knowledge to more children. But Dr. Cho-Dorado didn’t start as an entrepreneur or financial literacy expert. Her own knowle…
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“We’re recording this in mid-2023,” host Shane Tenny says. “Already, there have been more mass shootings in our country than there have been days in the year. We're pacing about 330 mass shootings as it's often defined, which is atrocious.” Hearing these numbers is jarring and figuring out how to solve this problem is downright daunting. Where does…
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Too many dentists leave money on the table. Kevin Cumbus, founder and president of the mergers and acquisitions advisory group TUSK Partners, returns for an encore presentation on how dental practices can understand their options and maximize their valuation before selling to a dental support organization (DSO). In his previous interview, Kevin exp…
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Owning a dental practice is hard work. After years of serving the community and dealing with insurance companies, many dentists are ready to sell to the first person who gives them an offer. Kevin Cumbus says to wait. Kevin is the founder and president of TUSK Partners, a firm that specializes in selling successful dental practices to dental suppor…
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Dr. Carlos Moretta’s path into dentistry rather than medicine was, quite literally, an accident. Having decided he wanted to enroll in the radiology tech program at his local community college in Grand Rapids, Michigan, Dr. Moretta went up to an information desk and found he was in the wrong wing. The receptionist, instead, gave him a few brochures…
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Dr. Harvey Castro is passionate about many things: healthcare and tech being two of them. Luckily, for the medical world, he has found a way to marry those passions and help others succeed in the healthcare and digital health sectors. In this episode of the Prosperous Doc®, our host Shane Tenny, CFP®, welcomes Dr. Harvey Castro to discuss the futur…
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Creating a positive organizational culture is crucial for the success of a medical or dental practice. Tom Loeblein, President and CEO of Healthcare Management Consultants and The Dental CFO, dedicates his career to building a strong culture within practices. He shares his insights on this episode of Prosperous Doc®, including why skills aren’t the…
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As a healthcare attorney and practice consultant at Knowledgeable Aging, Anu Murthy, Esq. is no stranger to contractual language and logistics. Anu previously joined host Shane Tenny to talk about healthcare workers making the most of their employment. Anu has expertise in medical employment contracts, partnership agreements, and other practice-rel…
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In a 2014 survey, the medical network Doximity found that over 72% of residents had negative feelings about negotiating their compensation, including feeling stressed, concerned, anxious, or lost. 31% of physicians felt prepared to network, while only 9% felt ready to negotiate. It wasn’t just first-time attending doctors who felt that way — doctor…
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Many years ago, Beth Lachance realized that there was an opening for virtual professionals in medical and dental practices. She began working on her business plan and fine tuning what would become REVA Global Medical. In this episode of the Prosperous Doc®, our host Shane Tenny, CFP® welcomes Beth Lachance, CEO of REVA Global Medical, to discuss ho…
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Dr. Orman spent 21 years working in clinical community emergency medicine. In the first 10 years of his practice, he experienced three severe burnouts. Without much guidance, he thought the solution was to work harder - grit it out. Soon after his third major bout of burnout, Dr. Orman realized that his current way of life wasn’t sustainable. So, h…
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“We have 1,440 minutes a day. We tend to be pretty careful thinking about our finances or our money, but ironically, we can always make more money, but we can never make more time,” says Dr. Christina Shenvi, MD, Ph.D.,MBA. Dr. Shenvi is no stranger to the challenge of time management. Having earned a PhD, MD and executive MBA, she was using timebo…
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For those working in medicine and dentistry, having a great team is key to being able to support their patients. Today’s guest wants to help practitioners attract, develop, and retain the right team so they can see their businesses thrive. Ben Shaver is a certified leadership coach and a business consultant working with medical and dental practices…
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Dr. Cindy Tsai considers herself a recovering perfectionist. Having been motivated by extremely high standards for much of her life, Dr. Tsai found that her perfectionist tendencies were actually holding her back, impacting her relationships, and causing her to overwork herself. In this episode of the Prosperous Doc®, our host Shane Tenny, CFP® tal…
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From an early stage in her medical education and training, Dr. Zed Zha knew she wanted to do primary care family medicine. The urban market of highly specialized care wasn’t the place for Dr. Zha, given her love for delivering babies, geriatric care, and an interest in dermatology, all of which led to work in rural areas where she could practice a …
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Melissa McClung, M.S. didn’t have any plans to be a career coach when she began working at the career center at the University of Kansas Medical Center. But while there, Melissa fell in love with career coaching, and 12 years later, she’s established a niche helping doctors get into residencies and scientists decide whether they want to work in the…
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Burnout is one of the greatest challenges with which healthcare providers struggle today. As Dr. Dael Waxman explains, “Burnout happens when there’s a mismatch between the individual factors that a person brings to the system they work in and the system factors of that system.” This dissonance often creates long-term emotional distress. To countera…
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It is something we need to survive, but the more we try to obtain it, the more it can evade us: sleep. Looking at the clock throughout the night, scrolling on smart phones until our eyes shut, or sleeping with televisions on, many Americans do not create ideal, sleep-conducive settings for themselves, which can cause harm. In this episode of the Pr…
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Estate planning is a topic most people don’t want to think about, but it shouldn’t be avoided. While it may seem daunting, it’s a crucial step for you and your loved ones. “Appropriate estate planning is truly planning for your estate, meaning planning for the management and disposition of your property, both during your lifetime and upon your pass…
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Dr. Stacy Goldbaum’s move to Charlotte, North Carolina was a bigger transition than she’d anticipated. She missed having her friends and extended family near. Recognizing the importance of having a sense of community, Dr. Goldbaum decided to find a way to create connections in her new city. Historically, making new friends isn’t difficult for Dr. G…
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Dr. Beena Nagappala has done a lot in her career as a family physician and a public health expert — and she’s still going. As a practicing medical doctor as well as a leader in school-based community healthcare in Detroit, Michigan region, Dr. Nagappala knows how important public health is for everyone. Part of Dr. Nagappala’s mission has always be…
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Dr. Joseph Stern was accustomed to helping patients face some of the toughest times of their lives. But when his sister was diagnosed with advanced leukemia, he realized what it was like to be on the other side of the doctor-patient relationship — and gained some crucial insights along the way. To Dr. Stern, grief is a part of life that everyone wi…
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Becoming a lawyer made Paula Davis realize that she’d always been destined for one kind of job: teaching! She just took a less-than-typical route to make it happen. After earning her undergraduate degree in psychology, Paula graduated from law school. Working for corporate America eventually burned her out. That’s when she returned to her plans to …
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In this special episode of the Prosperous Doc® Podcast, Will Koster, a CERTIFIED FINANCIAL PLANNER™ at Spaugh Dameron Tenny, is here to walk you through student loans and recent updates to the Public Service Loan Forgiveness program. He helps make sense of how the recent changes might apply to you, this is an episode you don’t want to miss if you h…
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From the start, Dr. Michael Williams knew he wanted to run his own business. He liked the independence of working for himself and deciding on his own path. After finishing his dental residency, Dr. Williams worked as an associate in a private practice for about four years before starting his first practice. “Growing up, we had a few family friends …
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After spending the first part of her career in political and governmental affairs for healthcare companies, Shelly O’Donovan noticed that there was a pattern to effective communication. These patterns separated the strong communicators who could accomplish agendas and climb corporate ladders from the communicators who didn’t achieve their goals. Th…
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As someone who started creating her own books when she was two, Dr. Maria Baimas-George believed she would grow up to become an author. When she fell in love with science and went on to medical school, Dr. Baimas-George found herself writing and drawing to de-stress. “Growing up, I loved English and I loved science, and now I feel like they are mer…
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Dr. Janelle White had no idea what she wanted to do when she grew up until she watched a care team save her brother’s life. “Watching his recovery is what really motivated me,” she says. “That was a life-changing experience for me, to see how those physicians … [and] the entire care team — honestly saved my brother's life, and revived him. So that …
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Despite not being a doctor himself, Doug Copple understands the challenges of running a medical or dental practice. He is a Partner at Bentson Copple & Associates, a transition company that assists orthodontists nationwide with practice valuation, partner location services, as well as negotiating transitions. In this episode of the Prosperous Doc ®…
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Dr. Marshall Kuremsky knew he wanted to be an orthopaedic sports medicine surgeon since he was 12 or 13, but it wasn’t until four years or so into his practice that he took a keen interest in the financial and business world. That craving for knowledge, which had propelled him to success in medical school and at work, itched to be satisfied yet aga…
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Everyone has their breaking point, but doctors — especially in the era of COVID-19 — often feel like they have no choice but to push past their burnout. Dr. Jillian Bybee, however, decided to do something about it. “I was born and raised in a really hard-working family with a lot of perfectionism tendencies and some mental health issues like anxiet…
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Dr. Armin Feldman, like many medical professionals, is driven by a passion to help the sick and injured. After selling his rehabilitation clinics more than a decade ago, he knew he wanted to continue helping others but in a less time-consuming way than as a practicing physician. The answer: consulting attorneys as a traumatic head and brain injury …
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You might say Andrew Tucker was born to be an entrepreneur after growing up in a family of business owners. Today, as a tax attorney and CPA by training, he guides physicians and dentists who want to launch and run their own businesses. “There's something amazing about the entrepreneurship opportunities in the United States,” Andrew says. “But when…
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Dr. Michael Myers admits he was late coming into the psychiatry field. As a first-year medical student in 1962, one of Dr. Myers’s roommates, also a medical student, committed suicide. The stigmatization surrounding mental health and suicide was so profound that the school did not even acknowledge this student’s passing. It was then some years late…
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Heather and Scott Paviol are one of the rare couples that can work together — and it’s because they each have strengths where the other has weaknesses. As an interior designer with an interest in leadership development and organizational performance, it was only fitting that Heather help her dermatologist husband open his new practice last year (ev…
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Dr. Nithin Natwa wears many hats. He practices family care, and he's also a board-certified physician in sports medicine. He provided care to football players at Michigan State University during his fellowship and continues to take on athletes as patients. He even runs an esports injury analysis Instagram account for his almost 13,000 followers. He…
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For Dr. Colin Zhu, medicine runs in the family. Dr. Zhu's mother practiced Chinese medicine, an ancient practice that focuses on finding balance within the body. Now Dr. Zhu incorporates this philosophy into his own work. "She instilled in me how to look at the person, the patient, in a very holistic way. So, she instilled in me prevention, wellnes…
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Healthcare attorney and practice consultant Anu Murthy wants to help physicians make the money they deserve — and keep making that amount, even during a global pandemic that’s furloughed and laid off many people. “There is inherent value in speaking to a healthcare attorney to understand the anatomy of the contract, the nuts and bolts, and primaril…
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Dr. Ken Randall’s decision to go to dental school rather than medical school was largely inspired by a lazy vacation in North Carolina many years ago. Sick of seeing his grandson wake up at noon or later, one day Dr. Randall’s grandfather told the teen to be ready by 6:30 the next morning — so that he could help out at his grandfather’s practice. A…
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Episode Summary Dr. Uli Chettipally once made the CEO of the company he worked for stop him mid-presentation because he dropped a figure that was so jarring: “50% of what happens in a typical U.S. clinical practice is unnecessary, ineffective, or dangerous.” This isn’t just Dr. Chettipally’s opinion, it’s a statement backed by much of his own resea…
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Personal branding is a familiar concept for people in business or marketing, but is often a foreign concept to medical professionals. Whether you’re in practice or employed, your personal brand is your professional identity and making proper use of it can help you elevate your career or business. If people don’t know you exist, how will they find o…
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The last few months have brought intense focus to the topic of racism in the United States and around the world. The immediate circulation of media content has brought violent images of racial injustices to the forefront of our cultural attention. Here at the Prosperous Doc, we wanted to do our part to try and change the tone in our country around …
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You did the heavy lifting to become a doctor. The sleepless nights in medical school, the long hours of residency, the personal sacrifices to bring your dream to fruition. However, even at the pinnacle of this success, the little voice in the back of your head refuses to relent, ‘you don’t belong, you’re a fraud, how long before they find you out?’…
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