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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

CME Content


As major healthcare systems begin to offer patients virtual visits, they’re going to affect physicians, both employed and independent. So it’s time to sit up and take notice of what’s happening in the marketplace. Here’s what to expect and how telehealth may change your practice.

As more physicians consider whether transitioning to a patient-centered medical home model is right for their practice, experts weigh in on the benefits-and challenges-of making it official.

With less than three months remaining until the conversion to the ICD-10 coding system, your planning should be well under way. Whether you are at the early stages or in the home stretch, here are some strategies to be prepared.

With demands of the ICD-10 crossover, Meaningful Use requirements and increasing financial stress on the private practice, the relationship with an EHR vendor can be complex one and so is the rationale for making a switch.

Medical Economics is proud to unveil the honorable mention entries in our 2015 Physician Writing Contest. We believe the essays exemplify what connecting with your patients is truly about, and demonstrate the levels of heart, determination, and empathy you strive to bring into every exam room, every day. Thanks for reading.

Some physicians are finding that running two separate practices-or a hybrid concierge practice that includes traditional fee-for-service-can be a smart economic model. Attracting patients willing to pay extra for conveniences or more extensive care can ease the financial strain of treating patients for whom third-party reimbursements are declining.

Mobile health (mHealth) is a confusing landscape, to be sure. IMS Health, which rates mHealth apps and provides a formal mechanism for app prescribing, estimates there are 63,000 health apps in the Apple and Google stores. The number and variety make it difficult for physicians to find and recommend the good ones. As a result, prescribing mHealth apps is new to most physicians.

Narrowing networks

The return of narrow networks has been blamed largely on the Affordable Care Act (ACA). But the trend, similar to health maintenance organizations, re-appeared before the creation of the ACA’s health insurance exchanges. Physicians must learn how to cope with this movement and decide when it makes financial sense to be included in narrow network plans.

The obstacles facing practicing physicians are numerous, but can be overcome with the help of great ideas put into action effectively. In order to foster the sharing of new ideas among physicians, Medical Economics introduces Practice Innovators, an ongoing, periodic series spotlighting your colleagues who are breaking new ground in medical practice-and succeeding.