Botox for Headaches? Although the use of Botox to smooth out facial wrinkles has been approved by the Food and Drug Administration since 2002, the drug has also been used for years to treat chronic migraine headaches, even though it does not have FDA approval for this use and many skeptics doubt that it's truly effective. That may soon change.
Hennessy's Highlights
Protecting Your Financial Future Tremors in the financial system felt late last year—such as the crumbling of Countrywide—at first felt like blips on the radar screen, and they were tempered by all-time highs in stock indexes as recently as last October. What a difference a year makes.
Physician's Money Digest provides physicians with
a regular, practical, and convenient resource for personal
finance and investment information that they can understand
and apply to their everyday lives - thereby gaining personal
economic empowerment and financial literacy. Click here to access archived issues of PMD.
Follow the Process When Choosing an EMR If you've been thinking about integrating an electronic medical record into your practice but have yet to pull the trigger, welcome to the club. The National Center for Health Statistics reports that roughly one-quarter of office-based physicians are using full or partial EMR systems. In other words, three-quarters of the physician universe is still in limbo.
Naming a trust as the beneficiary of your IRA
Setting up a trust as your IRA beneficiary can help you accomplish your goals and possibly reduce estate taxes. But it works only if you have sufficient assets and the right objectives and individual circumstances.
Record Management & Retention
A business acquaintance was having a problem with storage. That led us to a discussion of record management and retention.
Investment Options for the Ultra Affluent
Real wealth used to start at $1 million in liquid assets. Now, it starts at $2 million, according to a recent WSJ article.* Everything is getting more expensive, even being classified as wealthy.
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