The Mike Scully Show Blog

Unlocking Financial Freedom for Physicians: The New Strategic Advantage for Nonprofit Health Systems In the competitive landscape of modern healthcare, nonprofit health systems face a unique challenge: attracting and retaining world-class physicians who are often burdened by significant student loan debt. While the Public Service Loan Forgiveness (PSLF) program is a powerful tool, it often creates a " success trap " where higher salaries lead to higher monthly loan payments. At Baycrest Consultants , we’ve pioneered a solution that turns this challenge into a strategic advantage for both the physician and the hospital. The PSLF Paradox For many physicians, qualifying for PSLF is a top priority. However, because PSLF payments are calculated based on reported taxable income, a well-deserved pay raise can paradoxically result in thousands of dollars in additional loan payments each year. This diminishes the perceived value of their compensation and can lead to burnout or turnove...

  Fort Myers, FL   December 18, 2025 Baycrest Consultants Vice -President Mike Scully on Maximizing Donor Impact: Strategies for Non-Profits to Thrive Without Raising More Funds Most non-profits believe raising more funds is the only way to boost donor impact. The truth is, strategic financial adjustments can increase your organization’s effectiveness without chasing extra donations. In this post, you’ll explore proven non-profit financial strategies that improve financial sustainability while maximizing donations. Schedule a consultation with Baycrest Consultants today to discover tailored strategies for maximizing your organization’s donor impact. For more insights, check out this resource on diversified nonprofit funding . Strategic Financial Adjustments Let's uncover how tweaking financial strategies can increase your organization's donor impact without asking for more money. Streamlining Operational Costs Imagine what you could do with extra funds currently tied up in o...