Friday, October 30, 2009
Read a summary of the bill here:
The full bill is available online here:
The Affordable Health Care for America Act includes a public health insurance option that would be required to negotiate with providers. The Huffington Post reports, to appease providers concerned about losing money to a more Medicare-like option, the proposed public plan in this bill would allow doctors and hospitals to negotiate rates as they do with private insurers. The catch is that a provision was removed from this bill that would have blocked cuts in Medicare payments to physicians. That provision has been made into its own bill.
Thursday, October 29, 2009
Some providers argue that there are many problems with what is proposed so far and also that they don't see many doctors adopting HIT. Other providers believe collection of data could be used to punish them in the future, or, particularly in rural areas, the cost of implementing healthcare IT is too much for physicians to pay.
Read the full article from Healthcare IT news here:
There are also still many physician practices that are being sold entirely, either to a new solo practice physician buying the practice or even to hospitals or hospital organizations.
Whether you are interested in joining a practice with a buy-in or selling your practice to another physician or hospital, there are many important factors both parties need to be aware of during the negotiation process.
In their recent newspaper, Physician's News has published a good article what to include in a full buy-out to ensure a successful purchase.
Read the full article here:
Wednesday, October 28, 2009
AMA has been lobbying to win a $247 billion, 10-year reprieve from scheduled reimbursement cuts for physicians who treat Medicare patients in return for supporting the White House push for broader changes in health care coverage.
AMA continues to fight to get heard, however they are losing supporters. Read the full article from the Washington Post here:
A Medical Home is a physician's office that combines a team of professionals to treat patients and also share in the overhead costs. The offices also use the latest technology, including electronic medical records. Physicians share technology with the medical home group. Using these methods also helped physicians ease their workload.
The technology also encourages continuation of care between primary care physicians and specialists.
Read the full article in Healthcare IT News or click here:
Tuesday, October 27, 2009
This article also provides great resources to research a potential geographic area prior to your site visit or signing with a new employer. Check out the full article here:
Monday, October 26, 2009
In July 2008, the Federal government passed the Medicare Improvements for Patients and Providers Act to improve beneficiary quality of care and safety. One way to achieve this is through a Physician Quality Reporting Initiative (PQRI) which reimburses physicians based on their meeting specific quality and safety measures. Currently a pilot program, it will become permanent in 2010. For more information, please read the full article:
Overall, physicians took a hit to their income last year because they are collecting less, practice revenues are dropping, and operating costs are increasing.
Read the full article here:
Senate voted on October 21st to repeal Medicare physician payment formula in advance of other health system reforms, laying the foundation for a new system to update doctor rates. However the new repeal was rejected because of the potential cost of the repeal.
The Senate will revisit a proposal for a Medicare payment solution later this year when they are reviewing the national health system reform bill.
Read the full article from the American Medical News here:
Friday, October 23, 2009
The "Medical Practice Today: What Members Have to Say," MGMA survey found, for the second year, that the top two challenges for physician practices are rising operating costs and declining revenue, and maintaining compensation levels in the face of declining reimbursement rates.
Read the full article at American Medical News, or click here:
Physicians most often use Twitter as an extension of their Web presence, a patient communication site, a marketing tool or a virtual water cooler with their colleagues.
Read the full article on the pros and cons of using Twitter here:
Follow Harlequin Recruiting on Twitter here:
Thursday, October 22, 2009
What will pass? Any type of change would require heavy government expenditure, something significant to take in to consideration in our economy.
Read the full article posted on CNN here:
Wednesday, October 21, 2009
The NEJM has published a comparison chart in their September/ October 2009 Newsletter.
Read the comparison table here:
Tuesday, October 20, 2009
Read the full article from Health Leaders here:
Monday, October 19, 2009
The NEJM paper estimated the number of doctors who owns at least part of a practice has declined about 2% annually for the past 25 years.
American Medical News has written an article on the continue decline of physicians choosing a solo practice. Read the full article here:
Friday, October 16, 2009
The 6 Companies and new products are:
- BioSante Pharma (NASDAQ: BPAX): LibiGel
- GTx Inc. (NASDAQ: GTXI): Toremifene
- Amgen (NASDAQ: AMGN ): Prolia
- ImmunoCellular Therapeutics (OTC: IMUC.OB): Dendritic Cell Based Cancer Antigen Vaccine
- Questcor Pharma (NASDAQ: QCOR): H.P. Acthar Gel
- Transcept Pharma (NASDAQ: TSPT) : Intermezzo- Prescription Sleep Aid
Read the full article, including more information about the products to be released and stock projections, here:
Thursday, October 15, 2009
We have found some good resources to research a state prior to considering a potential physician practice opportunity.
The National Conference of State Legislatures has provided a table on state medical malpractice tort laws, view the table at:
Medical Malpractice Tort Limits and Health Care Spending Background Paper provided by the Congressional Budget Office here:
You can read more on Medical Malpractice Tort Reform from the National Conference of State Legislatures at:
Wednesday, October 14, 2009
These figures are 2003- present and were compiled by Allied Physicians, Inc., Los Angeles Times, and Rand McNally
See the table here:
Academic Physician and Scientist published an interested article on the long and satisfying journey of a career in academic medicine. Read the full article here:
Tuesday, October 13, 2009
This is an older article from the New England Journal of Medicine but provides very helpful advice and the anatomy of a physician contract. Read the full article at:
The non-compete provision is contained in an employment contract that Pittman signed with CMG in 1999. Read the full article here:
ACPE said it received comments that the technology lowers productivity, that the cost is prohibitive and that systems don’t do a good job of talking to one another. The survey findings were released a few weeks after approval of a federal $787 billion economic stimulus that includes $19 billion for health information technology, including $17 billion for incentives and penalties to encourage doctors and hospitals to abandon paper record-keeping and go high-tech beginning in 2011.
Read the full article on the Washington Business Journal at http://washington.bizjournals.com/washington/stories/2009/03/09/daily31.html
Monday, October 12, 2009
Read more in their report at:
The American Hospital Association has published an interesting article documenting that teaching hospitals play a key role in providing patient care and ensuring a well-trained health care workforce. Read more in their Trendwatch Newsletter at http://www.aha.org/aha/trendwatch/2009/twsept2009teaching.pdf
Physician recruiting in today's market requires a comprehensive understanding of market dynamics, and the Physician Placement Starting Salary Survey is one more tool to help build that understanding.
The 2009 Physician Placement Starting Salary Survey is a valuable tool that recruiters and the hospitals and medical groups for which they recruit can use to develop competitive offers in an increasingly competitive market. Recruiters who submit data for the survey can receive complimentary copies of it. The NAPR encourages greater participation each year to make survey data richer. In fact, respondents can now enter data on a perpetual basis so that the information can be entered when placements are made. They can then be stored, compiled, and submitted at the end of the year, rather than requiring respondents to save the data as its obtained and then enter all of it for the year in one sitting. Depending on the volume, this can be very time-consuming.
Check out the full article at the New England Journal of Medicine, http://www.nejmjobs.org/rpt/starting-salary-survey.aspx
Medicaid cuts that were unthinkable a few years ago may be necessary in the coming year. As the stimulus money runs out, physician Medicaid pay is an obvious target. Additional Medicaid funding from the stimulus package expires on Dec. 31, 2010. Nine states are increasing Medicaid pay for physicians next year, but 13 are making cuts. This shifts the balance from last fiscal year, when 19 states increased pay and eight cut it.
Read more information at the American Medical News website, http://www.ama-assn.org/amednews/2009/10/12/gvl11012.htm
Sunday, October 11, 2009
With the new course, Dr. Kranser and colleagues designed a continuing medical education (CME) course to improve physician well-being. "One proposed approach to addressing loss of meaning and lack of control in practice life is developing greater mindfulness-the quality of being fully present and attentive in the moment during everyday activities," the researchers write. The course is based on 3 techniques: mindfulness meditation, narrative medicine, and appreciative inquiry.
You can check out more information in a recent article from Medical News Today by following this link: http://www.medicalnewstoday.com/articles/164943.php