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The Prosperous Doc - Spaugh Dameron Tenny EPISODE 9, 18th November 2019
Physician Depression and Trends in Medicine with Dr. Carmen Teague - Part Two
00:00:00 00:23:35

Physician Depression and Trends in Medicine with Dr. Carmen Teague - Part Two

On Part Two of this special two-part episode of White Coat Wellness, we welcome back Dr. Carmen Teague, director of internal medicine for Atrium Health. Dr. Teague is a dedicated wife and mother of four who became a published author of a wonderful book titled Motherhood, Medicine, and Mayhem. She also sits on the board of Bless Back Worldwide, an initiative to provide medical services, educational experiences, and economic development to developing countries. On this episode, Dr. Teague joins us to discuss physician burnout and trends in medicine.

First, Dr. Teague discusses her work at Atrium Health in Charlotte, North Carolina, and her journey to becoming the director of internal medicine. (2:03) Dr. Teague then addresses the main issues she sees in healthcare today, and the biggest challenges providers face in today’s changing field with the Affordable Care Act. (5:24) Dr. Teague then reveals one thing she would change going on in medicine right now. (8:28)

The episode then breaks for a bit of White Coat Wisdom with Will Koster, CFP®. In this episode, Will takes on the subject of physician mortgage programs. These programs are designed to be flexible to meet the unique needs of physicians, who often carry larger than normal debt loads and where training may hinder their ability to save for a down payment. SunTrust Physician Loan program offers 100% financing for homes up to $750,000 with no private mortgage insurance. These programs often come with a credit score requirement. If you are a physician in the market for a new home, you'll want to consider if a physician loan is right for you. (10:17)

As we rejoin the conversation, Dr. Teague explores the immense issues of physician burnout, depression, and anxiety. (12:07) This leads to a discussion about the generational differences with respect to these issues within the medical community. (15:55) Dr Teague then wraps up the episode by exploring the affect consolidation in the healthcare industry has had on doctors and how one doctor can still make a difference in the world of massive healthcare systems. (17:44)

Apply for a life changing experience through a GOtoGROW Scholarship

If you would to join Dr. Teague's humanitarian efforts with Bless Back Worldwide, apply for a life changing experience through a GOtoGROW Scholarship. GOtoGROW is a partnership between Spaugh Dameron Tenny and Bless Back.

To hear the first part of this interview, listen to Episode 8 of White Coat Wellness. To find out more about Dr. Carmen Teague, visit her website carmen-teague.com.

This episode's White Coat Achievement highlights Dr. Wendy Dean, the president and cofounder of Moral Injury of Healthcare, a nonprofit organization dedicated to putting the care back in healthcare. Dr. Dean is a psychiatrist who has dedicated her career to finding innovative ways to make medicine better for both patients and physicians.

Links and Resources:

The White Coat Wellness podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at www.sdtplanning.com or our Facebook group www.facebook.com/groups/WhiteCoatWellness You can also connect with our host, Shane Tenny, CFP at shane@whitecoatwell.com or on Twitter.