On Wednesday four GOP senators unveiled a plan to transfer federal healthcare spending into state block grants. The Graham-Cassidy-Heller-Johnson bill, named for co-sponsors Sens. Lindsey Graham (R-S.C.), Bill Cassidy (R-La.), Dean Heller (R-Nev.), and Ron Johnson (R-Wis.), would turn the billions spent on the ACA’s Medicaid expansion, tax credits, and subsidies into grants managed by each state.
You always need a marketing or a branding person if you’re trying to start a new practice or are involved with a startup of any kind. Without someone to examine how your brand will appear in the public eye, you’ll end up like Bodega.
Increasingly, physicians is solo or small practices are giving up entrepreneurship in favor of becoming hospital employees. The first legal step, usually involves negotiating an entering into an employment agreement with the hospital.
Is this your reality or are you making excuses and not really wanting to work harder than you currently do? ‘Are these real or are they excuses? In theory, everyone can be more efficient and therefore, it is possible to see one more patient per day or get home on time.
Physician practices handle a wide variety of business and administrative issues on a daily basis, often with the help of experienced practice managers who bring knowledge and expertise to the job. However, there are time when I recommend that a practice and its manager recognize when there may be issues on which they have limited knowledge and where legal advice may be appropriate. Often my clients call me too late after trying to handle something on their own.
We’re picking up where we left off with Halee Fischer-Wright, MD, president of the Medical Group Management Association, in this edition of the Physicians Practice Pearls Podcast. Fischer-Wright recently wrote a book, “Back to Balance” which opined that healthcare needs the three elements of medicine — art, science, and business — to ork most effectively.
As part of its “Don’t Take the Bait” campaign, the IRS has issued a news release warning tax professionals of ransomware attacks.
In four short months, we will be switching from the EHR system we’ve enjoyed since 2006 to a new system now required by our independent physicians’ association (IPA). We have mixed feelings about the change. If it was entirely left to us, we wouldn’t switch. That said, there are certain potential functions we are looking forward to using. The key here is the word potential. Perhaps it’s the cynical times we’re living in, but throughout the long process of selecting, preparing and training for the new epic (“epic” the adjective, not the noun, due to liability) system, it has felt like we’re being pitched by a stereotypical luxury car dealer from both the technology vendor and our IPA.
Social media is an enormous part of our lives — Facebook has more than 1.8 billion active users per month, and Twitter has upwards of 300 million active users in the same amount of time. In spite of this massive social media immersion, these platforms haven’t seen much penetration within the medical industry. How can doctors use social media to better interact with their patients while improving the care they provide?
Over the past few years, I have worked with many physicians and entrepreneurs on the forefront of telemedicine and other new healthcare technologies. Often the most frustrating aspect of growing a healthcare enterprise is the requirement that physicians (and other healthcare providers) be licensed in every state the patient they’re treating (even electronically) is located.