INSIGHTS
Knowledge, Information and Actionable Advice
Boosting your healthcare practice’s cash flow during a pandemic
Many medical and dental practice owners were surprised to
find their offices closed by statewide shutdown orders preventing non-essential
medical and dental services. Even as states reopen elective healthcare,
practices may find a drastically different market for services.
That demand uncertainty for medical and dental services, coupled
with the threat of...
CIG Asset Management Update April 2020: Uncharted Territory
Equity markets embarked on their own
version of the much hoped-for “v” shaped economic recovery during the month of
April, even as economic data continued to record nasty numbers. The S&P 500(1) gained +12.7%, recovering much of the
prior month’s losses. Outside of the U.S., the MSCI EAFE net(2) was
up +6.5% and the MSCI Emerging Markets Index was up +9.2%(2). Within...
Financial Resiliency Amid Disruption: Your Healthcare Practice
Your medical or dental practice may have to
adjust to a “new normal” as states slowly return to broader care
permissions after weeks or months of tight, lockdown restrictions. Have you
taken advantage of the programs offered to help medical and dental practices
survive and what changes can you make to help ensure your practice thrives in a
post-lockdown...
CIG Asset Management Update March 2020: March Madness
Market volatility continued through the month of March and continues month to date at extreme levels. Long time readers of our updates know that we have been warning about asset bubbles and Central Banks’ recent actions since last year. Valuation, volatility and liquidity are the three main areas that we believe investors should focus on right now.
Valuation: In spite...
Diversification Can Help Protect Against Market Crashes
The idea of diversification is very old and can be, in
some cases, useful for survival. How many times in life have we heard “Don’t
put your eggs all in one basket?” In investment terms, market crashes like the
one we witnessed in March 2020 can happen. Losses such as these can be bad for your
financial and mental health as well as your ability to meet your financial plan...
Managing a Healthcare Practice through the Pandemic: Finance and Operation
Medical practices, dental
practices, small and rural hospitals and larger healthcare systems alike are
feeling the effects of the COVID-19 pandemic. Recent regulatory changes,
like the $8.3
billion emergency funding measure that expands Medicare reimbursements for
telemedicine and the prohibition
of all non-essential medical, surgical, and dental procedures...
Important Client Announcement Related to COVID-19
At CIG Capital Advisors, the health and safety of our clients, business partners and team is our first priority. Amid the growing concerns around COVID-19, we are taking substantial measures to ensure the welfare of our clients and employees is protected:Moving In-Person Meetings to Virtual Meetings: In an effort to minimize any potential exposure, we are taking the...
CIG Asset Management Update February 2020: The Unknown Unknowns and Our Thoughts on COVID-19
Market volatility spiked starting at the end of February and continues today at extreme levels. Long time readers of our updates know that we have been warning about asset bubble and Central Banks’ recent actions since last year.On March 3rd, The Federal Open Market Committee (FOMC) cut the federal funds rate by 0.5 percentage points to a 1 to...
Making Use of Cash Flow Projections
When you manage your medical practice’s cash flow effectively, you can helpprepare your practice to weather both strong and weak economic times. The key to managing cash flow is the cash flow projection — a forecast of your practice’s cash receipts and expenditures.
A cash flow forecast shows the anticipated flow of money...
Understanding Medical or Dental Practice Financial Statements
Financial statements are to accounting what CT scans and X-rays are to the medical profession: the financial health of a business or medical practice can be assessed by analyzing its financial statements. While most dentists would prefer to focus on dentistry rather than the business of dentistry, it can be beneficial for dentists (or any physician-owner) to familiarize...
Safeguarding Your Wealth with Proper Asset Protection Planning
Protecting accumulated wealth should be a cornerstone of your financial plan. A solid financial plan will address who or what poses the threat of taking away what you have earned and puts measures in place to limit the severity of those threats. These threats are often unseen and not easily predictable and therefore may cause a derailment from the path to your goals if...
TAGS
529
acquisition
active portfolio management
asset management
asset protection
budget
buyer agreement
cash flow
cash flow projections
Central Bank
Central Banks
charitable givng
CIG Monthly Asset Management Update
college savings plan
COVID-19
diversification
Dynamic Strategies
economic expansion
exit
Federal Reserve
financial management
financial planning
global markets
HDHP
investing
M&A
malpractice insurance
medical practice management
medical practice valuation
merger
mergers
ophthalmology
practice valuation
private equity
private medical practice
retirement
seller agreement
succession planning
tax-free gifting
taxation
taxes
tax strategy
transparency
valuation
volatility