MEC Practice Academy 11.19

Practice Management

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Medical Economics Insider: Save your practice

Check out our inaugural edition of our interactive publication, featuring in-depth reporting, expert insights, exclusive data, and more!

Medical Economics Insider: Save your practice

The “hyper-politicized debate” about healthcare reform needs to shift to a thoughtful dialogue about evidence and data, according to former Secretary of State Hillary Rodham Clinton, in addressing thousands of HIT professionals at the HIMSS 2014 conference in Orlando, Florida.

There will be no more delays to the October 1 deadline to implement the ICD-10 coding system.That was the message from CMS Administrator Marilyn Tavenner during Thursday’s keynote presentation to the HIMSS 2014 Annual Conference and Exhibition in Orlando, Florida.

Primary care physicians are on the front lines of the battle against obesity. Here are five diets to recommend to your patients to help them make meaningful lifestyle changes.

Many medical practice owners are required to undergo an annual audit of their financial statements when they’ve borrowed money from a bank or other financial institution, have outside investors, or are considering selling their practice. These steps will help you reduce the expense of an audit and prevent disruption to your operation.

Hospitals across the United States are merging and purchasing physician practices at a faster clip than they have in decades. While some experts believe the pace of acquisition is not sustainable, the economic forces driving hospital consolidation is also driving up the cost. For employed physicians, that could mean employment trouble. For independent groups, it could signal opportunity.

When hospitals acquire independent medical practices, they will now often reclassify the practice as an outpatient facility. Doing so allows them, under Medicare rules, to add a separate facility charge to a patient’s bill.