Some physicians have held their financial ground during the tough economy by innovating at their practices. Anne Trussell, MD, a solo internist in Little Rock, Arkansas, added ancillary cosmetic services to boost revenue at her practice when some patients limited office visits due to the cost. She always has kept her overhead low, so expanding services was the solution during these challenging times.
I felt numb, confused, and a bit scared as I sat in my car, staring at the steering wheel and going nowhere. Then the tears came. I could not believe that I had just quit the only remotely stable job I had held, after 11 years, and I was going to have to leave the office staff that had become like family. For what purpose? More money? Was I having a mid-life crisis? I didn't have an answer for myself, but I had opened my mouth in frustration and said 7 words to my long-time employer and friend that haunted me for months afterward: "I will have to make other plans." Meanwhile, how was I going to pay the bills?
Letter addresses AAFP position on electronic health record adoption.
The majority of office visits in 2008 were by patients 45 years old and older, according to a CDC study.
Offer my employees instead of a
If cost is a significant consideration and you can tolerate the hospital's primary care EHR templates, you should research any offers by local hospitals to subsidize your EHR purchase if you choose their system
More than 90 medical groups signed a letter to U.S. Treasury Department opposing any changes to the tax code that would allow trial attorneys to deduct litigation expenses from their taxes in certain cases.
Consider some low-risk retirement benefit options to offer employees instead of a 401(k) plan.
The Certification Commission for Health Information Technology of Chicago, and the Drummond Group Inc. of Austin, Texas, were named in August by the Office of the National Coordinator for Health Information Technology as the first technology review bodies that have been authorized to test and certify electronic health record systems for compliance with the standards and certification criteria that were issued by the U.S. Department of Health and Human Services earlier this year.
Learn about split billing for Medicare patients who come to the office for preventive visit and have multiple, serious, chronic medical conditions.
The Richard L. Roudebush Veterans Affairs Medical Center in Indianapolis will partner with the Indiana Health Information Exchange, the largest health information exchange organization in the United States, to securely exchange electronic health record (EHR) information using the Nationwide Health Information Network in the third of three pilot programs announced by the U.S. Department of Veterans Affairs to improve the delivery of veterans? health information.
Inability to access their own medical records when needed was the top worry of respondents to a survey conducted by GfK Roper for electronic health record company Practice Fusion.
The not-for-profit Healthcare Information and Management Systems Society has introduced Quality 101, a Web site designed to be a primer on the basics and metrics of quality measurement and improvement.
Cincinnati and Detroit are the two final pilot cities selected under the U.S. Department of Health and Human Services Beacon Community Program, which aims to use health information technology to help tackle leading health problems in communities across the country and accelerate development of a nationwide health IT infrastructure.
The Certification Commission for Health Information Technology and the Drummond Group Inc. are the first two technology review bodies authorized by the Office of the National Coordinator for Health Information Technology to test and certify electronic health record systems for compliance with the standards and certification criteria that were issued by the U.S. Department of Health and Human Services earlier this year. Applications for additional certification bodies also are under review.
In 2009, Iowa had 2.6 physicians for every 1,000 residents, below the 3.2 physicians per 1,000 residents average in the United States, according to one source.
Running a medical practice efficiently is one of the keys to flourishing in tough economic times, says one expert. When it comes to accounting and finances, examine several areas for possible improvement.
Learn how to profit share in your practice.
Practice ownership should come with benefits, according to one expert.
You'll need to ask yourself two questions before proceeding with coding for these procedures.
You recommend numerous strategies to your patients to help them stave off illness or to improve their health. When it comes to your medical practice, however, do you know what steps to take to make it strong and fit?
Medical Economics convened a panel of experts to discuss the things you can control to strengthen your medical practice to withstand factors beyond your control. We share their advice related to operations, practice valuation, front office matters, and accounting and finances.
Consideration of how to handle regrets over the decisions of patients riddled with life challenges.
Through ZPIC audits, the government is becoming better able to successfully identify fraud, waste and abuse, and becoming more effective in successfully prosecuting those at fault.
Nearly a decade after implementing a policy of disclosure with offer of compensation for harmful medical errors, the UMHS has seen a reduced rate of claims against the system, lower liability costs, and shorter times to resolve claims.
Understand how Social Security tax payments work.
Understand legal responsibilities to patients once you sell your practice.
Adults suffering from chronic diseases or conditions are significantly less likely to have Internet access than are healthy adults.
Buying or selling a medical practice is a lot like buying or selling anything.
Letters address career contentment, electronic health records, and midlevels.