The transition from paper to electronic health records may be a challenge, but it is worth the effort, says David Blumenthal, MD, national coordinator for Health Information Technology, who spoke during the annual conference of the Medical Group Management Association in October.
Learn the appropriate codes that you can use for reporting the monitoring of warfarin dosage for certain patients.
New cases of diabetes will increase from about 8 cases per 1,000 Americans in 2008 to about 15 cases per 1,000 in 2050, according to a new study.
Nearly 7 out of 10 practices are likely to limit the number of new Medicare patients they accept unless Congress halts upcoming Medicare reimbursement cuts set to take place on December 1 and January 1, according to survey results of the MGMA.
The physician committee that advises the Centers for Medicare and Medicaid Services on the valuation of physician work needs an outside group to ensure these rates fairly compensate all specialties, according to a letter to CMS from the American Academy of Family Physicians.
A physician ponders a patient's death and what it must be like to become sick and die so far from home, to be offered words of comfort in a language you do not know, and to wonder what might have been done differently.
Learn whether there is a standard formula to calculate how much it costs to see a patient in office.
Letters discuss remembering patients as human beings, recalling positive past experiences, and the misuse of midlevels.
What does it mean to be uninsured in America?
Under increasing pressure from third-party payers and facing the uncertainty of healthcare reform, physicians have been able to find some comfort in stable, or, in some cases, declining medical liability premiums.
Letter addresses how the value of face-to-face contact with patients may be diminished with use of electronic health records.
A growing number of Americans are buying long-term care insurance. Long-term care is a form of protection against the potential of a financial disaster resulting from an injury or from a long, debilitating illness.
Learn how to figure out value of accounts receivable.
The money used to run a practice is called working capital. Having positive working capital means your practice is able to pay off its short-term liabilities, such as payroll, supplies and rent.
Learn from a physician's personal experience as to how to inch toward retirement while still in practice.
Discover how to protect your retirement nest egg while instilling values in the next generation.
Know whether to consider a reverse mortgage if you need income.
Most physicians count on their retirement plan for the bulk of their financial security. Yet few of us understand how our retirement plans really work.
With the year-end approaching, it's a good time to evaluate your financial situation and consider tax-planning opportunities.
The Joint Commission is developing standards to designate its accredited ambulatory healthcare organizations with a "Primary Care Home" status.
Hospitals face increasing liability costs in the coming year, according to a new analysis.
Remote deposit captures are explained.
High-spending health plans don't always deliver the best care, according to an NCQA report.
The elimination of reimbursement for consultation codes has impacted physician revenue greatly, in some instances. Learn how to address this in your practice.
A cash balance pension plan and other forms of defined benefit pension plans can be great ways for practices that can afford them to dramatically increase retirement savings while reducing taxes.
Although critical shortages of primary care physicians continue in Massachusetts, more doctors expressed satisfaction with their practice environment than dissatisfaction, according to a state society.
The American Medical Association (AMA) has released an online tool designed to help physician practices prepare for billing and payment audits by insurers and federal contractors.
During these challenging economic times, many medical professionals are re-examining their personal and professional finances.
The Association of American Medical Colleges estimates that between now and 2015, the shortage of doctors across all specialties will quadruple according to projections.
The Patient Protection and Affordable Care Act includes an element that could have a significant impact on physicians-not as medical providers, but as small business owners.