Fawcett’s Favorites 11-4-19

Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful.

This week’s favorites include how lifestyle modifications can help with burnout, the root causes of burnout, even radiologists burnout (45%), becoming financially independent doesn’t mean you need to quit medicine, and the beauty of the real estate triple net lease. 

Happy reading!

This year the American College of Surgeons had two publications about burnout that came from their recent fall meeting. The first is an article that summarizes a panel discussion on ‘Surgeon Health, Well-being and Joy: A new paradigm to prevent burnout in surgery.’ It’s called Avoid Surgeon Burnout with Lifestyle Modifications. The panel included Mary L. Brandt, MD, FACS, from the Texas Children’s Hospital in Houston. She likens burnout to an inflammation caused from multiple factors and thinks it should be renamed ‘physician distress syndrome.’ Pamela Grace Stakes presented the idea of mindfulness and motion. Dr. Christina Cellini from the University of Rochester was discussing the effects of workload. Dr. Manju Subramanian from Boston University discussed the effects of family and exercise. Rounding out the panel was Dr. Raphael C. Sun from Texas Children’s Hospital who covered grit and resilience. 

The second ACS article is a summary of a few burnout studies called, Studies Look to Understand Surgeon and Resident Burnout. These studies look at some of the root causes of burnout. “The first step to solving any problem is defining it.” 

Continuing on with the burnout theme is Radiologist Burnout: Are We Done Yet? Which was written by Julie Ritzer Ross for Radiology Business. Several prominent physicians were interviewed for this piece including Dr. Richard Gunderman, Dr. Syam Reddy, Dr. Nisha Mehta, and Dr. Jonathan Kruskal. They each offer their own perspective on this significant problem.

The Physician Philosopher is working towards financial independence, but not so he can retire early. He tells us why in 5 Reasons I’m Not Joining the Drop Out Club. FI doesn’t mean quit working, it means you have more options and more power. I didn’t stop practicing medicine for four years after I became FI. I still liked surgery, but I did make some changes in how I practiced to make it more fun. Now I’m a repurposed surgeon.  Would you quit working if you were financially independent? If so, here is what my first year of retirement looked like. 

Everyone knows I love real estate investing. Many of you have already picked up a copy of my new book The Doctors Guide to Real Estate Investing for Busy Professionals, which is a #1 new release on Amazon. One great real estate option is owning a commercial building that uses triple net leases. The Debt Free Doctor spells out the Pros and Cons of Triple Net Leases. Do you own any triple net leases?

I hope you enjoy these articles as much as I did. I look forward to updating you again next week with a few more articles I find especially interesting.

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