Online UPDATES

July 11, 2003

EMRs; financial fraud; investor education; online real estate listings; new-car problems.

 

Online UPDATES

An EMR just for FPs

After several other major medical societies declined to support the initiative, the American Academy of Family Physicians is proceeding with development of an electronic medical record system, and has applied for a grant for a pilot test from CMS.The AAFP hopes its open-source EMR—using a core program donated by one vendor and allowing others to write applications for it—will lower the cost barrier for members to acquire an EMR and will promote standardization. The basic EMR software, developed by Santa Clara, CA-based MedPlexus, will cost a physician as little as $125 a month, according to FP Douglas E. Henley, executive vice president of the AAFP.

The taxman is watching

The IRS is snaring a high number of doctors for tax fraud during the current fiscal year. Between October 2002 and March 2003, the IRS initiated 43 investigations of health care professionals for tax and financial-related crimes, and convicted 18 in schemes ranging from failing to file returns to money laundering. Those convicted will serve an average sentence of 10 months.

Test your resistance to shysters

Are you at risk of becoming a victim of financial fraud? An online quiz can help you measure your financial savvy. The North American Securities Administrators Association and the Canadian Securities Administrators have published an interactive investment fraud awareness quiz. To take the 12-question quiz, visit the NASAA's Web site at www.nasaa.org . The questions cover investment risk, fraudulent products, dealing with securities salespeople, and the role of government securities regulators.

Feds want to help you shore up your finances

The Federal Reserve has beefed up its investor education site to help consumers make better financial decisions. The Web site, at www.federalreserveeducation.org , offers articles on banking, consumer protection, loans, interest rates, and financial matters.

Online property listings won't be easy to see

How can home buyers get access to all the information about available properties compiled under multiple listings? They'll be able to do it online by the end of the year, but they'll have to sign an agreement with a real estate agent before getting a necessary password to Web sites maintained by the realty agency, under new rules adopted by the National Association of Realtors.

Multiple listing services include more information than online advertisements now displayed at most real estate sites. MLS listings show how long houses have been on the market and whether their prices have been reduced, among other information.

How long before new cars get the bugs out?

Although many new car buyers are wary of new or redesigned models, their quality is actually pretty good, says J.D. Power and Associates. Since 1998, redesigned models have had an average of only five more problems per 100 vehicles during the launch year than in the preceding year. For 2003 models, vehicles manufactured by Toyota Motor Sales USA (Lexus and Toyota) were the most problem-free. Suzuki is the most improved, due largely to the new Aerio.

CompanyProblems per 100 vehicles
Toyota Motor Sales, USA115
Porsche Cars, North America117
BMW of North America124
American Honda Motor126
Industry average133
General Motors134
Nissan North America135
Ford Motor136
DaimlerChrysler139
Volkswagen of America141
Hyundai Motor America143
American Suzuki Motor144
Subaru of America146
Mitsubishi Motors North America148
Kia Motors America168

 



Yvonne Wollenberg. Online UPDATES.

Medical Economics

Jul. 11, 2003;80.

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