In the second in a two-part series on how to value your practice, experts offer advice on how to improve the value of your practice if you determine the business is not worth is much as you thought. Some fixes will be relatively easy, and others much more challenging.
It's open-enrollment season, and one reader wants to know which online resources he should recommend to his patients to help them choose the right health insurance plan.
Who doesn't have their own horror-story involving air travel? Screaming kids, terrible food and torture-inducing seats seem to be the norm. But some airlines are scarier than others -- surveys show these five are the worst.
Early Apple iPad adapter Don Dizon, MD, shared his experiences with the device and discussed the advantages, limitations, cost considerations and cleanliness issues of using it in a medical practice.
Loopholes to avoid medical loss ratio requirements, inequitable physician reimbursement -- there's a lot not to like about health care reform.
Some of the biggest names in health IT launched products and services this week at the Medical Group Management Association's annual conference in New Orleans. Here are a few of the highlights.
Physicians and practices affiliated with hospital systems may suffer when it comes to compensation and revenue. Specialists in hospital-owned and IDS-owned practices earned a median compensation of nearly $250,000, and those non-hospital-owned and non-IDS-owned practices earned more than $353,000, according to a new study.
Hertz, the nation's largest car-rental company, recently introduced a novel approach to buying a used car: Buyers get full use of the vehicle for a three-day test drive that's free if they decide to buy the car.
We're coming up on yet another deadline for major Medicare payment cuts, a deadline that was delayed months ago by a Congress that chose to kick the can down the road, rather than do the heavy lifting and make the hard choices that a permanent solution would require. Will Congress yet again take the easy way out and avoid its responsibility to ensure that physicians receive equitable reimbursement and patients on Medicare continue to have access to services?
Most physician pay surveys focus on annual income, but a surprising new study breaks down doctors' hourly pay by specialty -- and the findings show the disparity in physician income is even wider than previously believed.
Payers request transparent, standardized, administrative processes in dealing with health plans.
Medical practices that have implemented an electronic health record system are better off financially than those that rely on paper records, generating nearly $50,000 more in revenue, according to a new survey.
Any medical practice without a website in the 21st century is like a rotary-phone clunker in the era of sleek smartphones. Without a website for your practice, you're leaving money on the table and serving fewer patients than you could be if you were doing it right. Here's how.
Do you know how much your practice is worth to a prospective buyer? Even if you're not planning to sell, or partner with another physician, there are many reasons why it's crucial to know the current value of your practice. In a two-part series, I'll tell you why valuing your practice so important -- and then show you how.
Two big merger-and-acquisition deals in the medical-device sector, and a couple of lackluster biotech IPOs, were among the highlights of an upbeat week for healthcare stocks.
College tuition continues to climb, particularly at private schools. Some of the most-expensive colleges and universities in the U.S. raised tuition for 2010-11 by as much as 5% from the previous year. Here's a list of the Top 10 most-expensive schools.
There are an endless number of financial myths -- adages people widely believe, even though they are dead wrong. Here I've identified five money myths that struck me in some way as useful to dispel. (You tell me if I pegged it about right.)
A reader struggling to teach his child of the benefits of saving asks for help in finding a savings account with higher yields. While interest on the average passbook savings account is an anemic 0.21%, there are other ways for your kids to find a better deal.
Join us for our next Webinar on Wednesday, Nov. 10, when our panel of experts will advise you on key tax-saving moves to make before year-end, and tell you what you can do right now to protect yourself from future tax-rate increases.
Want to know how to create a great website for your medical practice and promote it effectively to your patients? The first thing to consider is how your practice is better than your competitors.
Last year, credit-card issuers cut way back on low-ball interest rates and the days of 0% APR on new purchases and balance transfers seemed to be over. Now, card issuers are loosening up and offering sweet interest-rate deals to those with good credit.
While it's true that hitting the lottery is a rare source of new-found wealth, it's generally easier to strike it rich at home: 20% of all households receive some kind of inheritance. While the newly rich can enjoy the sudden windfall, it often comes a new set of problems.
Irvine is roughly at the halfway point between Los Angeles and San Diego, and convenient to nearby Disneyland. Its many museums are also a haven for California's rich history.
Is your car a ticket magnet? A new study shows owners of Mercedes-Benz vehicles and Toyota's trendy Scion models pop up on law enforcement's radar more often than the average car. Here are the Top 10 cars most likely to get a traffic ticket.
Six news organizations launched the "Dollars for Docs" project, an ongoing investigation of drug company payments to physicians, including a searchable database of doctors by name and state. Are you on the list? Are your colleagues?
Bill Murphy Jr.'s new book, "The Intelligent Entrepreneur," details the experiences -- warts and all -- of three Harvard Business School grads who went on to become successful entrepreneurs. The underlying lesson of this book is encouraging for aspiring physician business owners: Entrepreneurship can be learned.
How much physician executives earn depends on the type of advanced business degrees they hold, a new survey finds. Where they work matters, too: An executive working in an academic medical center can earn nearly $500,000 a year more than one working for a government facility.
Pharmaceutical companies continued their recent biotechnology buying binge in the hunt for innovation, while mid-cap biotech stocks stole the limelight on Wall Street.
It's been 50 years or so since doctors made house calls on a regular basis. In fact, a physician house call was virtually unheard of just a short time ago. But now a new physician model -- the "residentialists" -- are emerging to care for homebound and access-challenged patients.
Are you a stock-picking whiz? Prove it -- and win a new iPad! Enter our new "Diagnose the Dow!" healthcare stock-picking contest. This is your chance to prove that you can pick the healthiest healthcare stocks and show your peers that you have the skills to pay the medical bills.
