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Let's take a look at how a "utopian medical practice" in the not-too-distant future functions from the perspectives of the patient, physician, office staff, nurse, billing department, and referred physician.

Physicians who begin practicing and subsequently go back to training in a fellowship have a unique opportunity if they were contributing to a pretax retirement plan, such as a 403b.

For the first time in his 12-year hospital career, Kevin Deighton, MD, had a choice to make: In six months, he could either go solo, find another employer, or unite with other physicians to launch their own practice.

The AMA and groups representing hospitals, health insurers, pharmaceutical companies, device makers, and labor groups vowed to do their part to save the country as much as $2 trillion by slowing healthcare expense growth by 1.5 percent over the next decade.

The American Academy of Professional Coders, which in April released a five-year training plan to prepare coders and physicians for ICD-10, recommends all practices start analyzing how the expanded code sets will affect them, but small practices should not begin training until at least six months prior to implementation.

Although bariatric surgery is becoming an increasingly accepted option to reverse type 2 diabetes, lifestyle interventions, including smoking cessation, improved nutrition, and increased physical activity, coupled with appropriate pharmacotherapy, remain the mainstays for the management of type 2 diabetes.

If you're looking to increase your patient base, there's a lot you and your staff can do to make first-timers feel welcome and ease their integration into your practice.

Replace the E&M documentation-based payment system with a system that rewards service and value, results in sparser and more useful documentation, and eliminates unnecessary complexity and burden.

An arbitration agreement signed before the patient seeks or starts treatment is more likely to be upheld than one signed just before treatment.

Gift low, sell high

With the value of stocks and other equities at an all-time low, now might be the time to transfer those assets to your heirs in hopes of the value rebounding over the course of their lives.