Good morning. Welcome to the Postcall newsletter: the chillest weekly newsletter for Canadian doctors.

We’re {INSERT RANDOM METAPHOR OR FEEL GOOD DESCRIPTION}

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{CONNECT DOTS}, Postcall is something your friends should have if they don’t already. Share it with them: You can get some free merch!

Let’s get into the good stuff:

• {TECH/BIZ HEADLINE}

• {MEDICINE HEADLINE}

• 🏀 Baller of the Month

• Show me the MONEY 💰️ 

• Quick bites 🍉

• 😆 Memes of the Day

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Some of you have been asking… what is the greed vs. fear index? fear not. Postcall’s got your back. Basically, it’s just a simple measure of emotion in the markets.

Like! Comment! Subscribe! (to your GP)

For a limited time only, you can pay the low price of $2,200 per year for a primary care membership! If you sign up now, we’ll also throw in this tote bag for FREE*:

*shipping and handling not included.

What happened: At a Harrison Healthcare, which has clinics in Calgary and Vancouver, the yearly cost of primary care membership can range from

• $4,800 for a two-parent family

• $2,400 for one adult and their dependent children

• $2,200 for an individual adult 

The perks of membership include reduced wait-times and extended appointments! On top of that, if you need a scan, the clinic has partnered with a third-party provider of private MRIs and CTs to provide faster access. Def worth the extra couple grand.

Fortunately, provincial governments are keen to squash this because it results in massive deductibles. When patients are charged for medically necessary services, the federal government claws back its money – in March 2023, BC saw $17,165,309 deducted. Not to mention, it goes against pretty much everything the Canada Health Act is about.

Bottom line: Pls don’t charge your patients membership fees – you’re not an Equinox.

Postcall’s take: And while the members-only vibes are off, this is yet another sign of mounting pressures for GPs.

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HEADLINE W/ EMOJI

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What happened: 

Why it's interesting: 

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Bottom line: 

{LINK TO ORIGINAL ARTICLE}

Baller of the Month 🏀 

Every month we’re going to showcase a medical professional that’s grabbing life and dunking it like they’re Vince Carter at the 2000 dunk contest. We show them off, whether their greatness is money related, achievement related, or something else.

This month’s Baller: {NAME}

Why is she a Baller? 

How did she do it?

Wow, how do I do the same thing? 🥳 

Doing cleft palate surgeries abroad? Baller. They started a sick side hustle? Baller. If you know of any ballers in your life you want to nominate, let us know at staff@postcall.ca.

Show me the MONEY 💰️ 

{HOT TIP ON MONEY OR THE ECONOMY}

It’s a Party of Numbers #️⃣ 

{HOT TIP ON MONEY OR THE ECONOMY}

🍔 Quick Bites

1: {SOMETHING HEARTWARMING}

2: The Provincial Health Services Authority (PHSA) is getting sued over hiring a fake nurse who cared for thousands of patients in BC. The serial imposter is currently serving a seven-year sentence in Ontario and faces additional charges in BC. Is this how Catch-Me-If-You-Can should’ve ended?

3: {MAYBE FIND IT ON REDDIT}

Memes of the Day 😜 

Together with Vivan Yu, Vancouver’s REALTOR

Debunked: BC real estate investments can still cashflow 🪴 

There’s one word that can turn heads in real estate investing faster than any other: cashflow.

The problem with cashflowing real estate? For the last few years, people have been saying properties that cashflow (ie. collect more in rent than you need to spend on mortgage, maintenance, and other costs) can’t be found in BC.

Well, Vancouver’s leading realtor Vivian Yu is here to tell you there’s still some diamonds in the rough.

How? AirBnB opportunities.

“But Postcall, the NDP Housing Minister said he’s going to put a stop to short term rentals through policy!“

Yes and no. Vivian’s given Postcallers some exclusive tips on how to lock down your next (or first) truly cash-flowing investment in this tough environment:

1. Location, location, location. Focus on high demand areas like downtown Vancouver (which saw a 15% value drop over the last 2 years, can you say SALE?), and areas that get a steady influx of visitors.

2. Property analysis. Talk to your realtor about getting the data on high Airbnb occupancy rates like Airbtics or Airbnb itself. Take into account seasonal fluctuations. Then estimate the potential revenue and costs.

3. Follow the law… and the opportunities they present. Vivian follows the news from Housing Minister Ravi Kahlon closing, and while the government is beefing up enforcement, there are certain buildings in hot spots that happily allow rentals. And many new policies like the proposed flipping tax can be avoided by holding onto properties for a longer period of time (made easier, because they positively cash-flow!)

Don’t get us wrong, real estate is a high risk, high reward investment opportunity. But with the right realtor who’s knowledgable about the market and how to make it work for you, you can go far. Reach out to Vivian Yu today if you’re interested in having your hard-earned money goes as far as possible in any market.

For the next 3 months, if you mention Postcall before working with Vivian as your Realtor, she’ll send you a FREE e-tutorial on the simple math on making your first real estate investment purchase have the absolute best return possible.

Don’t be a Postcall hog 🐽 
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