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


These practice management pearls are intended to help fill in the gaps of being a better businessperson.

More than 70% of primary care and multispecialty practices are on the path to becoming Patient-Centered Medical Homes, according to a new study, and some new technology is helping them gather the patient information they need to achieve that status. Learn about some products that can help your practice conduct affordable patient surveys.

More than 90% of medical practices responding to a recent survey said that it would be ?very? or ?extremely? burdensome to meet the requirements of the proposed ?accounting of disclosures? rule. Read more to find out what several associations are suggesting in place of that rule.

According to a New York Times article, individuals, arranged by the federal government, were to pose as new patients, calling physicians' practices up to three times to ask for expedited appointments.

One reason to have an office manager in a medical office is to have someone to whom patients - and staff - can complain without interrupting the doctor.

Opening a pharmacy

If you open your own pharmacy, determine whether it would be profitable.

The Centers for Medicare and Medicaid Services (CMS) gave physicians a break in its recently proposed rule on meaningful use requirements for electronic health records (EHRs). The revision would allow eligible providers (EPs) to ?continue to report clinical quality measure results as calculated by certified EHR technology by attestation? through 2012. Previously, CMS had required eligible providers (EPs) to start submitting quality measures electronically to CMS next year.

Overwhelmed by changing reimbursement models, emerging regulations and adopting new technology? You?re not alone. Respondents to a recent survey said four of the top five ?considerable or extreme challenges? they face relate to these operational issues.Three of the most troubling issues for practices had not even been on practice group leader?s radars in previous years.

Prescription drug abuse is the nation?s fastest-growing drug problem, and, unless primary care practices take appropriate precautions, it also could become one of their fastest-growing regulatory and liability issues. With increased regulation on the horizon, a new study recommends ways that physicians can improve prescribing practices for opioids and other often-abused drugs.

Money isn?t everything, but 35% of primary care physicians (PCPs) say it is the most important factor in changing practices. Compensation was 50% more important to PCPs in evaluating a professional move than location or quality of practice, the most significant factors for residents and fellows.

When patients seek your help in getting a device that can allow them live at home instead of having to move to a long-term care facility, you have to navigate through a confusing maze of Medicare regulations to submit the order, only to find out that you are being blamed for the latest government healthcare expense boondoggle. What is really behind a recent government report blaming physicians for insufficient documentation for power wheelchairs?