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Medics Money podcast

Medics Money
Medics Money podcast
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  • Ep 277: Streamlining Healthcare: Lexacom's Impact on Modern Medical Practices
    Book a demonstration here. In this episode of the Medics' Money Podcast, Tommy welcomes Dr. Andrew Whiteley, the founder of Lexacom, a widely-used health tech product. They discuss the origins of Lexacom, the challenges faced during its development, and the innovative features of its new version. Dr. Whiteley demonstrates Lexacom's capabilities, including streamlined email dictation, patient visit documentation via mobile, and AI-driven workflow enhancements. Ideal for GPs and hospital doctors, Lexacom aims to save time on administrative tasks and improve patient care. Watch the live demo to see Lexacom in action and learn how to integrate it into your practice. 00:00 Introduction and Guest Welcome 00:43 The Origin Story of Lexacom 03:55 Challenges and Growth of Lexacom 09:36 Innovations and New Features of Lexacom 11:58 Live Demonstration of Lexacom's Capabilities 27:07 Data Security and Privacy Measures 30:08 Conclusion and Final Thoughts   DISCLAIMER: This channel is for education purposes only and does not constitute financial advice and tax allowances and rates are subject to change.
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  • Ep 276: Living above a takeaway to $15million founder
    In this episode of the Medics' Money podcast, Dr. Shun Pang, co-founder of Anima Health, shares his inspirational journey from a 7-year-old immigrant from China to founding Europe's fastest-growing health tech company. He discusses his experiences in medicine, the challenges he faced, and what prompted him to transition into the tech industry. Dr. Pang elaborates on the potential impact of AI in healthcare over the next 10-15 years and highlights the importance of resilience, first-principles thinking, and a growth mindset for success. This conversation also provides valuable insights for doctors interested in transitioning to health tech. 00:00 Introduction: The Journey Begins 00:07 Founding Anima: The Seed of Conviction 00:30 Anima's Rapid Growth and Recognition 01:17 Shun Pang's Early Life and Challenges 01:54 Educational Path: From Grammar School to Cambridge 06:45 The Struggles and Failures Along the Way 09:57 The Birth of Anima: A Turning Point 15:03 Overcoming Obstacles: The Road to Success 25:36 Reflections on Resilience and Being an Underdog 28:02 The Role of Childhood Trauma in High Performance 29:07 Frameworks for Tackling Massive Challenges 29:34 First Principles Decomposition Explained 33:45 The Future of AI in Healthcare 45:51 Transitioning from Medicine to Health Tech 56:57 Advice for Aspiring Health Tech Innovators
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  • Ep 275: How FU Money = Financial Independence??
    NOTE this was recorded before the change in terminology to 'Resident Doctor' from 'Junior Doctor'.   Achieve Financial Independence with FU Money: A Doctor's Journey In this video, we explore the concept of financial independence (FI) and how FU money can serve as a stepping stone toward achieving it. The speaker, once heavily indebted as a resident doctor, shares his personal journey from debt to financial stability. He explains the concept of FU money, which is enough savings or resources to allow for short-term freedom from a main job. Using examples from his own life, including a three-month surfing trip to Hawaii and the founding of 'Medics Money,' the speaker demonstrates how strategic financial planning and disciplined saving can make even seemingly unachievable goals attainable. The video highlights key financial skills such as optimizing tax, controlling spending, and setting mini-goals, ultimately providing viewers with practical steps to start their own journey toward financial independence. 00:00 Introduction to Financial Independence 01:14 Understanding Financial Independence 02:22 The Concept of FU Money 04:55 Personal Journey to FU Money 07:38 Building Medics Money 09:13 Lessons Learned and Final Thoughts 10:57 Bonus Content: NHS Pension
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  • Ep 274: Are you burning out?
    Website - https://youarenotafrog.com/ Instagram - https://www.instagram.com/drrachelmorris/ LinkedIn - https://www.linkedin.com/in/dr-rachel-morris/ Facebook - https://www.facebook.com/DrRachelMorris YouTube - https://www.youtube.com/@youarenotafrog Our FREE Am I Stressed, Overwhelmed or Burnt Out Toolkit - https://www.shapestoolkit.com/stressed-overwhelmed-burnout-toolkit (please note that this is due to go live on Monday, 12 May) Stress Curve Handout - https://www.shapestoolkit.com/handout-the-stress-curve-2024 Disclaimer: The information provided in this content is for educational and informational purposes only and does not constitute financial advice. You should not rely on this content as a substitute for professional advice tailored to your specific financial situation. The value of your investments can go down as well as up. Past performance is not indicative of future results.
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  • MDT: Active underperforms passive investing AGAIN, unemployed doctors and pay restoration FAIL
    Navigating Resident Doctor Pay Cuts, Investing Insights, and Financial Strategies In this episode of the Medics' Money MDT Podcast, hosts discuss various pressing issues affecting the medical community. Dr. Cyra Mackintosh, who recently secured a training job, and Mr. Andy Pow, a senior medical accountant, join to explore the significant challenges of unemployment facing many doctors. They break down the complications around the resident doctor pay offer and the psychological contract between doctors and the NHS. The team also underscores the pitfalls of active versus passive investing, spotlighting the Spiva Scorecard, which shows that passive investments historically outperform active funds. Lastly, they touch on the importance of financial habits, like taking advantage of cashback offers, in reinforcing long-term financial health. 00:00 Introduction and Guest Introductions 01:41 Discussing the Stock Market Crash 03:56 Investment Strategies and Media Influence 12:40 Resident Doctor Pay Offer and Job Security 23:54 Real Pay Trends in the Private Sector 25:25 Addressing Workforce Issues in Government 25:59 Educational Assistants and Pay Disparities 29:13 The SPIVA Scorecard: Active vs. Passive Investing 33:39 The Importance of Financial Confidence 40:08 Cashback Tips and Financial Savviness
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About Medics Money podcast

The Medics’ Money podcast helps doctors, dentists and other professionals make better financial decisions. Hosted By Dr Tommy Perkins and Dr Ed Cantelo, who is not only a doctor but also a Chartered Accountant and Tax adviser.
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