MoneyRx for CRNAs and NPs
Go behind the scenes with host Brett Fellows, CFP®, as he explores the unique opportunities and challenges facing Certified Registered Nurse Anesthetists and Nurse Practitioners along the path to financial independence. In each episode, Brett shares expert financial insights and actionable advice to help you lower taxes, invest smarter, and retire on your terms.
MoneyRx for CRNAs and NPs
Dr. Joe Rodriguez, DNAP, CRNA: Owning a Business, 1099 Work, and the Future of Healthcare
Dr. Joe Rodriguez, co-founder of Guide Anesthesia (managing over 150 providers) and a respected voice in the CRNA community, joins the podcast for a candid discussion on CRNA entrepreneurship, advocacy, and the true meaning of career success. Joe shares the origin story of his company, built from a single negative experience, and offers important lessons learned from operating in the complex healthcare market.
This special episode covers what most CRNAs miss about building and securing a long-term career.
Brett and Joe discuss:
- The experience that led to the creation of his 150-provider anesthesia group.
- The financial realities of starting your own business: why you must be prepared to fail and why there is "no work-life balance."
- The unique advantages of the 1099 model for autonomous CRNAs and the importance of hiring financial professionals.
- Why current regulatory advocacy is asking the "wrong questions" and how control should be handled at the local level.
- The two most important financial and career decisions a CRNA should make today.
- How to find long-term personal and professional purpose.
If this episode helps you rethink your career, please leave a review and share it with a colleague who is considering entrepreneurship or a leadership role.
Key Timestamps:
(0:45) Welcome & Meet Dr. Joe Rodriguez
(1:35) Why I Started Guide Anesthesia
(8:25) The Anesthesia Group Business Model
(14:35) Building CRNA Ownership and Long-Termism
(16:20) Future Goals: Operating in the Mid-Cap Lane
(20:05) Financial Realities of Starting Your Own Group
(24:17) Regulatory Advocacy: Asking the "Wrong Questions"
(28:08) 1099 vs. W2: Key Financial Factors
(31:03) Leadership: The Power of Communication
(43:03) The Most Important Financial Decision You Can Make
#CRNAs #CRNAEntrepreneur #1099CRNA #AnesthesiaBusiness #Advocacy
For more information and resources related to this episode, please visit the show notes.