Finance Friday Articles
Here are this week’s articles:
4 Things I Gave Up to Retire Early
7 Guidelines for Adding New Asset Classes to Your Portfolio
How To Figure Out Your Financial Freedom Number (and What To Do Next)
Is it OK to take money out of my retirement account to buy a house?
Review of The White Coat Investor’s Financial Boot Camp
Student Loan Forgiveness – PSLF, IDR, & Much More
The Backdoor Roth: Investing in a Roth IRA for High Earners
Top Money Books Millionaires Read
Navy Times – Senior Officer Retirement Boards Make Cuts
Here’s a link to the article about the 33 CDRs and CAPTs that they cut. I have no idea if any were medical:
Navy Military, Civilian Applicants for Navy Legislative Fellowship Sought
WASHINGTON (NNS) — Navy announced a call for Navy civilian, officer and senior enlisted applicants for the calendar year 2020 Navy Legislative Fellows Program in NAVADMIN 056/19, Mar. 4.
The program is a year-long full-time assignment to the office of a member of the House of Representatives or the Senate to broaden understanding of the legislative process and the operation of the U.S. Congress. The program also enhances the Navy’s ability to fulfill its role in the national policy development process.
This highly competitive program is open to O-3 through O-5 active-duty and Full-Time Support officers, enlisted E-7 through E-9 active-duty Sailors and senior Navy employees GM/GS-13 and above or equivalent.
Military applicants must be available for permanent change of station assignment to Washington, D.C. from November 2019 through December 2020. During the fellowship, officers and senior enlisted Sailors will be assigned to the Office of Legislative Affairs for administrative purposes and must agree to serve for three years following completion or termination of the fellowship.
Military applications must be submitted no later than Apr. 15, 2019.
Program information and submission guidance for military applicants is available at https://www.mnp.navy.mil/group/training-education-qualifications, click “Navy Legislative Fellowship” in the “Looking For?” section.
Applicants selected for the Legislative Fellowship Program will be contacted via email and a list of selectees will be posted at https://www.mnp.navy.mil/group/training-education-qualifications.
A Message from the Navy Surgeon General: Celebrating 148 years of the Medical Corps
It is my privilege and honor to congratulate our Navy Medical Corps on behalf of our entire Navy Medicine family, as they celebrate 148 years of service to our nation.
Steadfast and reliable in service for years before its formal establishment on March 3, 1871, the Medical Corps is comprised entirely of physicians who have dedicated their lives to medicine and national service. The special dedication to years of academics and grueling residency is fueled by a selfless dedication to patients, both current and future. The readiness and health of fellow Sailors, Marines, Soldiers, and Airmen is paramount to our nation’s military service and the defense of our way of life.
75 years ago, as Marines led the charge of a ferocious island hopping campaign in the pacific, Navy physicians were by their side storming the beaches and establishing forward aid stations, providing critical care to their brothers-in-arms. Navy physicians continued to provide this life-saving care during combat operations in Vietnam and 15 years ago during the battles of Fallujah. Today, they remain steadfast as a ready medical force. They continue to operate on and from the sea, providing primary and surgical care to the fleet and our troops in combat zones. Their efforts have helped define the highest standard of care and with their health care teams, they have saved thousands of lives throughout our nation’s history.
Their service extends beyond the battlefield in the countless hours of service ensuring our warfighter’s readiness to fight. Twenty-four hours a day, seven days a week, there are always Navy physicians on-call and standing the watch. Their calling requires constant vigilance and we are grateful for their innumerable personal sacrifices in service of their patients, our nation’s sons and daughters.
I am constantly reminded of our bright future as we look ahead to shape the future of navy medicine. The ingenuity and ability of our physicians to adapt and overcome any challenge, while ensuring the highest standards of care is one of navy medicine’s finest qualities.
To all who have served in our navy medical corps, past and present, thank you for your sacrifices, your dedication, compassion, and selfless service as you care for those who need you most. Happy 148th birthday shipmates!
Released by Vice Admiral C. Forrest Faison III, Surgeon General of the Navy and Chief, Bureau of Medicine and Surgery
Navy Times – Here’s How the Navy is Revolutionizing Officer Career Paths
Here’s a link to the article:
Finance Friday Articles
This isn’t a finance article, but it is really good:
How I’ve Made Email my Secret Weapon
Here are this week’s finance articles:
Can I Transfer Retirement Funds Into My Thrift Savings Plan?
Environmental, Social, and Governance (ESG) and Impact Investing Pro/Con
Five Things That Need to be Said About Passive Income
How Much Money Do Doctors Make & Why It Doesn’t Matter
How to Become Financially Free from a Job You Hate
Three Favorite Ways To Earn Money And Pay Less Taxes
DoD Restructures Management of Medical Treatment Facilities
Here’s a link to the article:
MCCareer.org – The Book
The Navy does an okay job helping physicians plan their careers, but in my opinion this preparation can be a lot better. This is why I created Joel Schofer’s Promo Prep and subsequently MCCareer.org. By the time you progress in your Naval career and learn everything you need to know, it is often too late. Therefore it is the responsibility of those who are senior and have already learned this information to teach it to the next generation of Naval physicians before it is too late.
The modern adult learner has more educational methods at his/her disposal than ever before. Whether you like social media, such as Twitter or Facebook, prefer to listen to podcasts in your car while you are driving, or like traditional methods of learning, such as reading articles, you can find one of these sources to learn about almost any topic you can imagine. Yet even though traditional books seem to have fallen out of favor during the rise of social media, there is still something reassuring about reading a book. Putting information in a book validates it and provides some degree of credibility. So, despite the fact that blogs have partially replaced books and the MCCareer.org blog has taken off, I think a book that discusses Navy Medical Corps career planning will still be well received and a valuable resource, which is why I’m creating one. I hope you enjoy it, benefit from it, and, frankly, help me create it. Here’s how I see this going down…
Take a look at the chapter list below. If there is something on it that you feel particularly qualified to write, let me know. Just in case I get a lot of interest, make sure to tell me what makes you qualified. Together we’ll use anything that is already on this site and we’ll turn it into a chapter, posting it on the site so others can read and use it.
If you think there is something we’re missing, let me know.
No one will make any money on this. It’ll just be a useful resource for anyone who wants to use it, and we’ll have it available on the blog as well as downloadable in PDF format. Maybe once it is all done we’ll create a real book in print or e-book, but for now I’m planning just putting it on the blog for free.
Chapter List
- Introduction
- I Wish I Had Known
- Pathways to Becoming a Naval Physician
- Career Paths & Progression
- Women in Navy Medicine
- Minorities in Navy Medicine
- Naval Leadership & Mentorship
- Pay & Reimbursable Expenses
- Personal Financial Planning
- Moonlighting
- Graduate Medical Education
- Other Educational Opportunities
- GI Bill
- Leadership Opportunities
- Preparing for Important Interviews
- Fitness Reports
- Personal Awards
- Officer Service Records
- Promotion Boards
- Geographic Career Progression, PCS Orders, and the Rules of Detailing
- Operational Assignments & Deployments
- A Rank Appropriate Guide to “Alternative” Billets & Career Paths
- The Career Intermission Program
- Executive Medicine
- Change in the Military Health System
- Retirement and Resignation
- Transitioning to the Naval Reserves
- Transition to Civilian Employment
- Specialty Specific Information
- Aerospace Medicine
- Allergy/Immunology
- Anesthesiology
- Cardiology
- Cardiothoracic Surgery
- Dermatology
- Developmental Pediatrics
- Diagnostic Radiology
- Emergency Medicine
- Endocrinology
- Family Medicine
- Fleet Marine Force
- Fleet Medicine
- Flight Surgery
- Gastroenterology
- General Surgery
- Global Health
- Hematology/Oncology
- Infectious Disease
- Internal Medicine
- Neonatology
- Nephrology
- Neurology
- Neurosurgery
- Obstetrics/Gynecology
- Occupational Medicine
- Ophthalmology
- Orthopedics
- Otolaryngology
- Pain Medicine
- Pathology
- Pediatrics
- Physical Medicine & Rehabilitation
- Plastic Surgery
- Preventive Medicine
- Psychiatry
- Pulmonary/Critical Care
- Radiation Oncology
- Rheumatology
- Sports Medicine
- Undersea Medicine
- Urology
February Message from the Principal Deputy Assistant Secretary of Defense for Health Affairs
(PDF version of what is below)
MHS Team:
Earlier this month, in a memo to all DoD employees, Acting SECDEF Shanahan
emphasized his direction to hold the line, strive for excellence in daily
tasks, build efficiencies across our teams, and keep us lethal and ready. He
reaffirmed the Department’s focus on the National Defense Strategy’s three
lines of effort to restore readiness, strengthen alliances and partnerships,
and drive business reforms. These priorities remain at the forefront of the
Military Health System’s efforts for 2019.
Your work continues to yield dividends on the quality of care our 9.5
million beneficiaries receive. Last month, the American College of Surgeons
(ACS) presented Meritorious Awards to four military treatment facilities
representing the top 10 percent of ACS National Surgical Quality Improvement
Program (NSQIP) hospitals worldwide providing exceptional surgical care
quality. The David Grant Medical Center (for the third year in a row),
Darnall Army Medical Center, Naval Hospital Jacksonville, and Naval Medical
Center Portsmouth earned this impressive distinction-a testament to MHS
staff committed to meet the gold standard for quality and foster a culture
of improvement. Our individual staff recognitions are also making news. Just
a few weeks ago, Navy Medicine West named HM1 Beatrix Solorio from Naval
Health Clinic Hawaii and HM1 Amy Bohrer from OHSU Bremerton as the regional
2018 Senior Sailor and Reserve Senior Sailor of the Year, respectively-an
extraordinary achievement reflecting both their individual outstanding
performance and the ambitious culture driven by their immediate leadership.
I’m always proud-but not surprised-to see the MHS’s accomplishments and your
dedicated work to build on our culture of excellence as we roll out the MHS
priority areas to enhance readiness, continue implementation of the
transition of MTFs to the DHA, advance Global Health Engagement goals, and
deploy the MHS GENESIS electronic health record.
On the readiness front, USUHS received a $15 million grant from the DHA to
fund a new, four-year program to provide rehabilitative care for Service
members with musculoskeletal injuries. This Collaboratory for
Musculoskeletal Injury Rehabilitation Research (CMIRR) program will enhance
overall military readiness by supporting the estimated 800,000 Service
members affected by musculoskeletal injury each year-injuries resulting in
25 million days of limited duty and 34 percent of medical evacuations from
the battlefield.
At last week’s Healthcare Information and Management System Society (HIMSS)
Annual Conference, MHS leaders joined the 40,000 health IT professionals,
clinicians, executives, and vendors from around the world to share
information on the current status of the deployment of MHS GENESIS as part
of a concerted push towards standardization, integration, and readiness. As
we gear up to deploy the new EHR at Naval Air Station Lemoore, Travis Air
Force Base, Army Medical Health Clinic Presidio, and Mountain Home Air Force
Base, the lessons learned from medical providers and test and evaluation
feedback in the earlier IOC sites will make this next round of
implementation even stronger. And with significant efficiencies to be gained
from MHS GENESIS in areas like referrals, wait times, patient access, and
prescription filling processes, applying IOC best practices will be
critical, translating to better training for new users, more subject matter
experts to assist workforce transition, and a more strategic change
management process.
We face a complex set of organizational changes this year to deliver on our
readiness, healthcare delivery, and reform priorities. I look forward to
hearing more updates on MHS progress towards our priority areas and to
supporting your work to take our organization to the next level.
Tom
Joel Schofer's Career Planning Blog 