FDIC-Insured – Backed by the full faith and credit of the U.S. Government
Key takeaways:Â The mean annual wage for veterinarians was $119,100 as of May 2023, according to the U.S. Bureau of Labor Statistics. Massachusetts is the...
Michael Jerkins, MD MEd
President & Co-Founder
Michael is the President and Co-founder of Panacea Financial and is also a practicing physician in Little Rock, AR. After earning his BBA in Economics he deferred his medical school acceptance to teach middle school science in the Phoenix, AZ area while also earning his Masters in Education from Arizona State University. He then completed medical school at the University of Tennessee Health Science Center before finishing his residency at University of Cincinnati Medical Center and Cincinnati Children’s Hospital. With a faculty position and board certifications in both Internal Medicine and Pediatrics, Michael is able to treat patients of all ages and teach medical trainees in both inpatient and outpatient settings.
Recent Articles
Key takeaways: Your credit score can have a big impact on your ability to borrow money or open new credit cards. Raise your credit score...
Key takeaways:Â The most important part of saving for retirement is starting as early as possible. 401(k)s are employer-sponsored retirement accounts that are most beneficial...
Key takeaways:Â Credit card consolidation takes multiple credit card balances and rolls them into one monthly payment. Doctors can often build up credit card debt...
Key takeaways:Â Private practice employment and ownership is declining. Owning and working for a private medical practice can allow a physician to have greater autonomy...
What is the Average Medical School Debt? Key takeaways:Â The average medical student graduates with $241,600 in total student loan debt. Between 76% and 89%...
Is There a Looming Physician Shortage? Key takeaways:Â Demand for physician services is expected to grow due to a growing and aging population. Supply of...
5 Things Physicians Need To Know About Buying Into a Medical Practice or Surgery Center Key takeaways:Â Becoming a partner is a great way to...
Three Financial Mistakes ENT Should Avoid Key takeaways: Spend less than you earn. Pay off high interest debt before prioritizing investments. Don’t focus solely on...
Key takeaways: Start the process with a team of experts to assist you. Once the purchase is finalized, don’t wait to create a legal business...