Posted on February 28, 2009 by Editors
Between a “Rock and Hard Place” By Dr. David Edward Marcinko; MBA, CMP™ By Hope Rachel Hetico; RN, MHA, CMP™ A recent white paper by the Joint Commission suggests that hospitals must respond in new ways to meet the increasing complexity of patient care and to address rising health care costs. Duh! What an insight. Why [...]
Filed under: Health Economics, Health Insurance, Healthcare Finance, Information Technology, Research & Development | Tagged: ADA, AMA, AOA, CMS, DNV Healthcare, Hetico, JCAHO, Kenneth A. Powers, Marcinko | 3 Comments »
Posted on February 27, 2009 by Editors
Funds Difficult to Obtain – AHA Report By Staff Reporters According to a survey from the American Hospital Association [AHA], the “capital crunch” and the recession are severely restricting US hospitals in obtaining funds to upgrade their facilities or invest in new clinical and health information technologies [HIT]. Bond Financing The vast majority of hospitals [...]
Filed under: Accounting, Alerts Sign-Up, Breaking News, Health Economics, Monthly Reports | Tagged: AHA, American Hospital Association, bond financing, debt financing, HIT, hospitals, IT | Leave a Comment »
Posted on February 26, 2009 by Editors
Consumerism is the Hippocratic Way By Darrell K. Pruitt; DDS The Appearance of DR. Oogle By September of 2005, when I finally worked up enough courage to ask a patient to post a review for me on DR. Oogle (doctoroogle.com) – a web-based patient referral site – my dental practice had been invisible and struggling [...]
Filed under: Career Development, Ethics, Experts Invited, Information Technology, Managed Care, Marketing & Advertising, Media Mentions and PR, Practice Management | Tagged: Chris Barnard, Darrell Pruitt, DDS, dentist, DR. ooogle, Earl Estep, health 2.0, health 3.0, Jim Du Molin, PDRS, social networks, the wealthy dentist blog | 4 Comments »
Posted on February 26, 2009 by Editors
Advanced Medical Recruitment, Inc. ADVERTISEMENT By Otis J. Archie Many ME-P readers and subscribers have asked for us to start sending you our newsletter, with job openings. Now, we have implemented this change as an attachment. Link: advanced-medical-recruiting-newsletter Referral Bonus Also note that we pay up to $1,000 dollars for referrals that are placed on [...]
Filed under: Career Development, Jobs & Employment: | Tagged: advertising, career, employment, jobs, Jobs & Employment: | Leave a Comment »
Posted on February 25, 2009 by Editors
Healthcare Leads the Pack By Staff Reporters All Medical Executive-Post readers and subscribers are aware of the Federal False Claims Act. Since 1986, False Claims Act [FCA] judgments and settlements totaled over $20 billion dollars. Of Miscreants and Feasors According to outside unverified resources, below are the top 20 alleged FCA recoveries to date. Notice that [...]
Filed under: Accounting, Drugs and Pharma, Ethics, Healh Law & Policy, Health Economics | Tagged: Abbott, Astra-Zeneca, Bayer, Cephalon, false claims act, HCA, health fraud, HealthSouth, hospitals, medical fraud and abuse, Merck, Schering Plough, Serona, SKB, Tenet Heath Care | 8 Comments »
Posted on February 25, 2009 by Editors
Company “Misled and Confused Medicare Beneficiaries”? By Dr. David Edward Marcinko; FACFAS, MBA, CMP™ According to Jacob Goldstein, of the WSJ, on February 20, 2009, WellCare the publicly traded company that some folks “love-to-hate”, and manages health coverage for Medicare and Medicaid beneficiaries, is in trouble again. In a recent letter, the Feds ordered the company [...]
Filed under: Ethics, Industry Indignation Index, Managed Care, Op-Editorials, Practice Management, Professional Liability, Research & Development | Tagged: CDHCPs, CMS, consumer directed health plans, david marcinko, Medicare Advantage Plans, Medicare HMOs, Regina Herzlinger, WellCare | 13 Comments »
Posted on February 25, 2009 by Editors
Searching for Definitional Clarity Staff Reporters Apparently, there is a growing trend toward so called “in-situ medical practitioners”. In this model, specialists like internists or diabetologists, add a certain medical expertise to address a large number of patients with specific needs in a general or primary care practice. Link: www.HealthDictionarySeries.com Business Savvy This clearly indicates that physicians [...]
Filed under: "Ask-an-Advisor", Career Development, iMBA, Inc., Managed Care, Marketing & Advertising, Practice Management, Research & Development, Subscribe CD-ROM Journal | Tagged: in situ medical practitioners, in-situ doctors | Leave a Comment »
Posted on February 24, 2009 by Editors
Education for Financial Fiduciaries Staff Reporters According to the firm and website, www.Fi360.com offers a full circle approach to investment fiduciary education, practice management and support that has established it as the go-to source for investment fiduciary insights. The Term “Fiduciary” Defined? And, Fi360 defines an investment “Fiduciary” as: “Someone who is managing the assets of [...]
Filed under: "Advisors Only", "Doctors Only", Ethics, Financial Planning, Glossary Terms, Insurance Matters, Investing, Portfolio Management, Quality Initiatives, Research & Development, Risk Management | Tagged: CFP, Fi360, fiduciary, investment advisors, RIA, RRs, stock-brokers | 7 Comments »
Posted on February 23, 2009 by Editors
Innovative Model -or- Just another Paradigm Shift By Staff Reporters According to Reed Abelson, and David Kadlubowski of the electronic New York Times [NYT].com edition, on February 6, 2009, a new medical practice business plan and health care insurance reimbursement model could allow family physicians to practice medicine the way they used to practice. How so? [...]
Filed under: Career Development, Health Insurance, Practice Management, Quality Initiatives | Tagged: Big Blue, CPT codes, episodes of care, IBM, UHC, United Health Care, value added healthcare | Leave a Comment »
Posted on February 23, 2009 by Editors
Managing Expectations and Perceptions By Dr. David Edward Marcinko; MBA, CMP™ By Dr. Gary L. Bode; MSA, CPA, CMP™ (Hon) Patient satisfaction occurs when patient perceptions exceed their expectations. They get an intangible “something extra” from the visit, above what they, or their TPA / health plan / Medicare / Medicaid plan, paid for. Managing [...]
Filed under: Marketing & Advertising, Practice Management | Leave a Comment »
Posted on February 23, 2009 by Editors
Funneling Porter’s Five Forces of Business Staff Reporters Michael Porter PhD, of Harvard Business School, is considered by many to be one of the world’s leading authorities on competitive strategy and international competitiveness. In 1980, he published Competitive Strategy: Techniques for Analyzing Industries and Competitors, in which he argued that all businesses must respond to [...]
Filed under: Career Development, Managed Care, Marketing & Advertising, Recommended Books, Subscribe CD-ROM Journal | Tagged: competitive forces, david marcinko, HBS, hope hetico, medical marketing, michael porter, SWOT analysis | 1 Comment »
Posted on February 22, 2009 by Editors
A Medical Inventor and Bio-Engineering Pioneer By Dr. David Edward Marcinko; FACFAS, MBA, CMP™ Publisher-in-Chief OK; let’s get this right out into the open. Although I did a little reconstructive bone and traumatic joint surgery in my career, I am not a cardio-vascular surgeon, nor am I a cardiologist, or even a nephrologist. But, I [...]
Filed under: "Doctors Only", Op-Editorials, Quality Initiatives | Tagged: alcoholism, artificial heart, david marcinko, diabetes, hospitals, nephrologist, renal dialysis, surgery, Willem Kolff | Leave a Comment »
Posted on February 22, 2009 by Editors
Goals on Thought-Leadership By Hope Rachel Hetico; RN, MHA, CMP™ Managing Editor The Medical Executive-Post blog seeks to double its membership in 2009.You can help us reach our goal to be thought-leaders in healthcare economics, finance and administration in three ways: 1. If already registered; please ask your friends to subscribe. 2. If not a [...]
Filed under: Healh Law & Policy, Health Economics, Health Insurance, Healthcare Finance, Marketing & Advertising, Op-Editorials, Recommended Books, Research & Development, Sponsors, Subscribe CD-ROM Journal | Tagged: david marcinko, Health Economics, healthcare administration, Healthcare Finance, Hope Hetio | Leave a Comment »
Posted on February 22, 2009 by Editors
The Three Methods of Medical Office Accounting By Dr. Gary L. Bode; CPA, MSA Did you know that there are three recognized methods of financial accounting used in medical offices today? If not, this brief rundown on all three methods will help: 1) Cash method Here, money is counted only as you deposit it, and “spent” [...]
Filed under: Accounting | Tagged: Accounting in Medicine | 3 Comments »
Posted on February 21, 2009 by Editors
Why Financial Statements are Sometimes Suspect? By Dr. Gary L. Bode; CPA, MSA, CMP Medical practice financial statements have potential problems and are often suspect for several reasons. First, they rely on unverified information from the practitioner. A practice’s internal bookkeeping, even with the highest of intentions, is often sloppier than an accountant might hope for. Professional liability [...]
Filed under: Accounting | Tagged: Accounting in Medicine | 4 Comments »
Posted on February 21, 2009 by Editors
What it is – How it Works By Staff Reporters Phreesia is an intentional misspelling of a flower (Freesia) and is a medical office access management product that replaces a physician’s traditional patient data-gathering clipboard with a free easy-to-use wireless touch-screen device called a PhreesiaPad. Everything else required [absent the broadband internet connection], including a [...]
Filed under: Information Technology, Practice Management, Research & Development, Uncategorized | Tagged: phreesia | 1 Comment »
Posted on February 20, 2009 by Editors
Understanding Medical Inventory Cost Accounting By David J. Piasecki; CPIM By Hope Hetico; RN, MHA Inventory cost accounting methods are seldom used by medical practitioners. After all, doctors and healthcare organizations provide a service, and generally do not sell things. However, inventory is playing an increasingly important role in the financial viability of procedurally based [...]
Filed under: Accounting, Practice Management, Research & Development | Tagged: cost accounting, DME, durable medical equipment, EOQ, inventory management | 3 Comments »
Posted on February 20, 2009 by Editors
BBC Documentary Takes on Obama’s Plan Staff Reporters Did you know that a new British Broadcasting Corporation [BBC] documentary takes on newly elected President Barack S. Obama’s plans for American health care system? Emotional Pleas Tug at Citizenry Heart Strings According to Nick Cargo – of the BBC on January 25 – a January 19th [...]
Filed under: Career Development, Drugs and Pharma, Ethics, Healh Law & Policy, Health Economics, Health Insurance, Healthcare Finance, Managed Care, Research & Development, Videos | Leave a Comment »
Posted on February 19, 2009 by Editors
Hippocratic Dental Consumerism By Darrell K. Pruitt; DDS Even before the downturn in the economy sent dentists scrambling for new sources of patients, these were already times of revolutionary changes in the marketing of dental care. To those who are alert, the Internet-enabled chaos signals a rare opportunity if one sides with consumers rather than [...]
Filed under: Career Development, Ethics, Health Economics, Managed Care, Marketing & Advertising, Op-Editorials, Practice Management, Research & Development | Tagged: ADA, American Dental Association, Darrell Pruitt, health 2.0, Hippocratic Oath, IDM, Intelligent Dental Marketing, Jim DuMulin, The Healthy Dentist Blog | Comments Off
Posted on February 19, 2009 by Editors
A New AHRQ Web Site By Staff Reporters A new educational Web site offering expert perspectives, advice and guidance on drugs, biological products and medical devices is now operational. The destination site, from the Agency for Healthcare Research and Quality’s [AHRQ] Centers for Education and Research on Therapeutics [CERTs], a federally sponsored network of more [...]
Filed under: Breaking News, Career Development, Information Technology, Media Mentions and PR, Quality Initiatives | Tagged: Agency for Healthcare Research and Quality, AHRQ, Centers for Education and Research on Therapeutics, CERTS, CHAIN, chainonline.org, Clinician-Consumer Health Advisory Information Network | 1 Comment »
Posted on February 19, 2009 by Editors
On Health and Dependent Care By Dr. David Edward Marcinko; MBA, CMP™ Publisher-in-Chief I wrote a bit about hospital cafeteria plans in an earlier blog post. Link: http://healthcarefinancials.wordpress.com/2008/04/02/hospital-cafeteria-plans/ Now, any hospital, or other employee given the opportunity to participate in a cafeteria plan should consider the following important two elections; health and dependent care. [...]
Filed under: Career Development, Financial Planning, Health Insurance, iMBA, Inc., Managed Care, Practice Management | Tagged: 401(k), cafeteria plans, david marcinko, dependent care, FICA, healthcare, hospitals | Leave a Comment »
Posted on February 18, 2009 by Editors
Status Still Possible for Physicians and Nurses By Sean G. Todd, Esq., M. Tax, CFP©, CPA Tax Attorney / Certified Public Accountant Certified Financial Planner™ practitioner Terminated, reduced-in-force, or out of work in 2009? As the April 15th tax deadline approaches, medical professionals and all other under/unemployed folks might have questions regarding their tax returns – [...]
Filed under: Accounting, Career Development, Taxation | Tagged: 401-k, Accounting, AICPA, American Institute of Certified Public Accountants, IRS, mileage tax rates, Sean Todd, tax, Taxation, Tom Ochsenschlager | 3 Comments »
Posted on February 18, 2009 by Editors
Status Growing in Importance – or Sham Dr. David Edward Marcinko; MBA, CMP™ Staff Reporters Increasingly, efforts to boost quality and gain better value from the world’s most costly healthcare system are including attention to Maintenance of Board Certification [BOBC], a little-understood but rigorous process by which physicians maintain board certification status and then keep [...]
Filed under: "Doctors Only", Career Development, Healh Law & Policy, Managed Care, Op-Editorials, Quality Initiatives, Research & Development, Risk Management | Tagged: ADA, AMA, AOA, APMA, AQA, COP, david marcinko, Det Norske Veritas, DNV, IOM, Joint Commission, medicare, NQF | 2 Comments »
Posted on February 17, 2009 by Editors
Beleaguered Grady Memorial Hospital in the News By Dr. David Edward Marcinko; MBA, CMP™ The economically dreadful status of Grady Memorial Hospital Corporation [GMHC], here in Atlanta Georgia, is well known to those in the industry. We personally wish its new CEO, Michael A. Young, of the hospital’s recently privatized BOD much professional success. As [...]
Filed under: Breaking News, Drugs and Pharma, Ethics, iMBA, Inc., Op-Editorials, Research & Development | Tagged: Bellevue Startford hotel, erythromycin, Grady Memorial Hospital, Joe Frazier, Legionnaires’ disease, Leonard Bachman MD, Macrolides, tetracycline | Leave a Comment »
Posted on February 17, 2009 by Editors
To Be -or- Not to Be By Hope Rachel Hetico; RN, MHA Managing Editor As we are all aware, healthcare is top-of-the-mind for most citizens today. And, reporting on it has exploded exponentially of late, just as the traditional newspaper and magazine print industry is deteriorating. Cultivating trusted journalistic relationships with reporters, staffers, publishers and [...]
Filed under: Alerts Sign-Up, Career Development, CMP Program, Ethics, Experts Invited, iMBA, Inc., Marketing & Advertising, Media Mentions and PR, Subscribe CD-ROM Journal | Tagged: certified medical planner, CMP, health journalism, hope hetico | Leave a Comment »
Posted on February 17, 2009 by Editors
Home Equity Resources, Housing and Care Options Staff Reporters According to Stephanie Edelstein JD; Charles P. Sabatino JD and Nancy M. Coleman MSW MA; opining in the ElderLaw Series, until relatively recently most people in this country followed a rather typical housing pattern in their later years. They either rented or owned their homes and [...]
Filed under: Financial Planning, Healh Law & Policy, Health Insurance, Insurance Matters, Risk Management | Tagged: ADA, Americans with Disabilities Act, charles sabatino, elder housing, elder law, eldercare, Fair Housing Amendment, FHAA, nancy coleman, Rehabilitation Act of 1973, stephanie edelstein | 1 Comment »
Posted on February 16, 2009 by Editors
Techniques-of-Art for Financial Advisors By Robert Ayrer and ME-P Staff Writers Before any piece of work that requires communication can be understood, the context must be established. Without context, words have very little reality; and without reality, there can be no communication. Communication is the “transfer of meaning.” Introduction The lack of a definitive role [...]
Filed under: "Advisors Only", Marketing & Advertising | Tagged: agents, BD, broker-dealer, CFP, FA, financial advisors, financial products, financial sales, investment advisors, marketing, OSJ, registered representative, RIA, RR, sales, sales managers, SEC | Leave a Comment »
Posted on February 16, 2009 by Editors
Donate C/O iMBA, Inc. By Ann Miller; RN, MHA At the ME-P, we operate with minimal expenses, and with a great staff of volunteers who believe in our mission. We are funded mainly by small individual donations, royalties from book sales, white-papers or other commission and consulting type engagements. The funding supports our research, writing, and [...]
Filed under: "Advisors Only", "Doctors Only", Alerts Sign-Up, Career Development, Ethics, Funding Basics, iMBA, Inc., Marketing & Advertising, Research & Development | Tagged: ann miller, david marcinko, donations, healthcare financials, hope hetico, support, support us | Leave a Comment »
Posted on February 16, 2009 by Editors
Clarifying Often Nebulous and Contentious Terminology By Staff Reporters According to Robert James Cimasi; MHA, CMP™ of Health Capital Consultants LLC in St. Louis, MO; the definition of a hospital’s “market” is often nebulous. Link: www.HealthDictionarySeries.com Ambiguous Terms Some entities are defined by terms as ambiguous as “acute care inpatient hospitals,” “specialty hospitals,” or “anchor hospitals.” [...]
Filed under: Glossary Terms, Healh Law & Policy, Managed Care, Subscribe CD-ROM Journal | Tagged: Health Capital Consultants, healthcare competition, healthcare facilities, hospitals, LLC, physician owned hospitals, Robert Cimasi, specialty hospitals | 2 Comments »
Posted on February 15, 2009 by Editors
Understanding Healthcare Fraud and Abuse Complaints By Staff Reporters According to Patricia Trites PhD, complaints are the most common way that a Medicare audit can be triggered. Anyone can register a complaint. Physicians can report their colleagues, whether competitors in the same town or partners / associates. The literature mailed by Medicare encourages seniors and their [...]
Filed under: Uncategorized | 1 Comment »
Posted on February 15, 2009 by Editors
ME-P Resume Posting Service New Beta Feature Staff Writers With President Obama’s $790 billion stimulus package being voted on recently, now is the perfect time to post your resume and sign up for job alerts, as Obama says this package could result in the creation of 3.5 million jobs. Postings – Named or Remain Anonymous Anonymous or named [...]
Filed under: Career Development, Jobs & Employment: | Tagged: Career Development, employment, job board, job postings, Jobs & Employment:, medical employment, medical jobs | 2 Comments »
Posted on February 14, 2009 by Editors
Enter the Bounty Hunter Insurance Agents By Dr. David Edward Marcinko; MBA Publisher-in-Chief As a health insurance agent and industry insider for more than a decade, I know first hand that the agents and brokers who enroll senior citizens in Medicare Advantage (MA) plans often make more on those members than the health plans themselves. [...]
Filed under: Ethics, Financial Planning, Health Insurance, Insurance Matters, Op-Editorials | Tagged: commissions, HMOs, insurance agents, insurance brokers, Medicare Advantage, Medicare HMOs, Medicare Plus Plans | 5 Comments »
Posted on February 14, 2009 by Editors
Dear Colleagues Many thanks for reaching out to us. Advertise with Us If you want the opportunity to reach a personalized daily/weekly audience of health care industry insiders, innovators and watchers, the Medical Executive-Post may be right for you? Movers-Shakers We are discussed, read and viewed by medical students, physicians, dentists, podiatrists, optometrists and industry analysts; as well as healthcare administrators, financial advisors [...]
Filed under: Career Development, iMBA, Inc., Marketing & Advertising, MAST-HEAD, Media Mentions and PR | Tagged: advertising, ann miller, david marcinko, hope hetico, iMBA, marketing, promotion, sales, vendors, www.healthcarefinancials.com, www.medicalbusinessadvisors.com | Leave a Comment »
Posted on February 13, 2009 by Editors
Oracle’s Next-Gen Electronic Data Capture [EDC] By Staff Reporters See why Oracle’s RDC [Remote Data Caputer] Onsite is the next generation in electronic health information data capture, with its user-friendly method to collect, clean, review and verify clinical trial data. Remote Data Capture Onsite Providing unprecedented performance with real-time data capture, Oracle RDC Onsite simplifies source [...]
Filed under: Information Technology, Videos | Tagged: oracle, remote data capture | 1 Comment »
Posted on February 13, 2009 by Editors
Overhauling the American Healthcare Industry By Dr. David Edward Marcinko; MBA, CMP™ Publisher-in-Chief According to the Washington Times on February 11, 2009, a secreted House version of the new economic stimulus bill that President Barack Obama is trying to rush through Congress, may contain the germ of a major overhaul of the American health care system [...]
Filed under: Breaking News, Healh Law & Policy, Health Economics, Health Insurance, Industry Indignation Index, Information Technology | Tagged: Aktion T-4, david marcinko, healthcare reform, matt holt, NCHIT, Washington Post | 3 Comments »
Posted on February 13, 2009 by Editors
Foibles of Industry Movers-Shakers New Beta Feature By Staff Reporters What it is – How it works The Industry Indignation Index [III] is an occasional survey feature of the Medical Executive-Post. Our goal is to chronicle the dubious, ironic or humiliating behavior that we humans in the healthcare industrial, financial and health economics complex are prone to do [...]
Filed under: Industry Indignation Index | Tagged: Accounting, Health Economics, healthcare, Healthcare Finance, politics | 2 Comments »
Posted on February 12, 2009 by Editors
Politics, Gossip and Health Industry Economic Trends By Staff Reporters [www.HealthcareFinancials.com] · Reimbursement: Legislation enacted in July 2008 reversed a 10.6% cut – while stating in January 2009 that a 1.1% increase would replace same – that would have gone into effect if lawmakers had not acted. · Payments: A new project called the [...]
Filed under: Alerts Sign-Up, Breaking News, Experts Invited, iMBA, Inc., Recommended Books, Research & Development, Sponsors, Subscribe CD-ROM Journal | Tagged: david marcinko, healthcare financials, hope hetico, rachel pentin-maki, www.certifiedmedicalplanner.com, www.healthcarefinancials.com, www.healthdictionaryseries.com, www.medicalbusinessadvisors.com | 2 Comments »
Posted on February 12, 2009 by Editors
AMA Wins Appeal to Blind Consumers’ Checkbook By Dr. David Edward Marcinko; MBA The Centers for Medicare and Medicaid Services [CMS] does not have to turn over physician-specific Medicare claims data requested by not-for-profit Consumers’ Checkbook under the Freedom of Information Act, the U.S. Circuit Court of Appeals for the District of Columbia ruled in [...]
Filed under: Breaking News, Career Development, Health Economics, Industry Indignation Index, Op-Editorials, Practice Management, Quality Initiatives, Research & Development | Tagged: AMA, CMS, Consumers’ Checkbook, DHHS, FOIA, Gregg Blesch, Modern Healthcare | 3 Comments »
Posted on February 12, 2009 by Editors
The Controversy Continues By Amaury S. Cifuentes; CFP® Physician and all investors are often overloaded with information regarding this debate, and many advisors differ in the conclusion of which strategy is best. Stock Picking Stock picking is typically a waist of time and few investors or advisors demonstrate the constant ability in picking winning stocks. Timing the market also [...]
Filed under: Investing, Portfolio Management | Tagged: active management, Amaury Cifuentes, Burton Malkiel, efficient market hypothesis, Investing, Javier Estrada, Mark Carhart, passive management, Vanguard, wealth managemenht, Wei Jiang, William Sharpe | 6 Comments »
Posted on February 12, 2009 by Editors
Digital Solutions for Healthcare ADVERTISEMENT By Jared Sayovitz XYZmo digital signature solutions is a leading technology provider for universal, digital signature solutions, which secure and optimize your healthcare administration and business documents. The Urgent Need Paper-based processes are rapidly being replaced by electronic workflows. Whenever paper is involved, a large amount of time and money [...]
Filed under: Uncategorized | Leave a Comment »
Posted on February 11, 2009 by Editors
A Next-Gen -or- Last-Gen National Model By Dr. David Edward Marcinko; MBA, CMP™ By Staff Reporters Beware; all Medicare and other private health insurance recipients. Why? On December 4, 2008, and according to Robert E. Moffit PhD, the Director of the Center for Health Policy Studies [CHPS] at The [...]
Filed under: Ethics, Healh Law & Policy, Health Insurance, Managed Care, Military Medicine, Quality Initiatives | 3 Comments »
Posted on February 11, 2009 by Editors
What it is – How it works Staff Reporters The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the US financial system by insuring deposits in banks and thrift institutions for up to $250,000 (through December 31, 2009); and by identifying, monitoring and addressing risks to the deposit insurance funds; and by [...]
Filed under: Accounting, Financial Planning, Investing, Taxation | Tagged: FDIC | 4 Comments »
Posted on February 11, 2009 by Editors
Emergency Department Diversions By Staff Writers According to Daniel L. Gee MD MBA, Scottsdale Healthcare in Arizona used consultants from Creative Healthcare USA on a recent project, rather than doing a full deployment of Six Sigma in its organization, to analyze its problem of emergency department (ED) “diversions.” Emergency Department Diversions Diversions happen when emergency [...]
Filed under: Quality Initiatives, Research & Development, Uncategorized | Tagged: Creative Healthcare USA, Daniel Gee MD, ED, emergency department, emergency room, ER, health quality, medical quality, medical quality improvement, Six Sigma | 9 Comments »
Posted on February 10, 2009 by Editors
Using Financial Advisors with Increased Safety By Dr. David Edward Marcinko; MBA, CMP™ Following the Bernie Madoff investment scheme, and related financial industry scandals, here are seven “red-flags” that should have alerted physician-investors to proceed with extreme caution. Always consider them before making an investment with any financial advisor [FA], registered representative [RR] or financial [...]
Filed under: "Advisors Only", "Doctors Only", Ethics, Financial Planning, iMBA, Inc., Investing, Op-Editorials, Research & Development | Tagged: BD, Ben Aikin, Bernie Madoff, broker-dealer, certified financial planner, certified medical planner, CFP, CMP, david marcinko, fiduciary, fiduciary standards, financial advisor, financial planner, Financial Planning, hedge funds, hope hetico, insurance, Investing, investment advisor, physicians, registered representative, RR, suitability rule, www.wi360.com | 3 Comments »
Posted on February 10, 2009 by Editors
Thousands at Risk from Needle Contamination By Staff Reporters According to Derek Shore of Veterans Today, on February 7, 2009, the Army Medical Center announced that 2,114 diabetic patients treated at the hospital may be at risk for contracting blood-borne illnesses. Improper Insulin Injections Hospital administrators reported to local station, KFOX, that diabetic patients at [...]
Filed under: "Doctors Only", Breaking News, Ethics, Healh Law & Policy, Military Medicine, Quality Initiatives | Tagged: diabetics, insulin contamination, KFOX, medical injections, needle contamination, Veteran's Today, William Beaumont Army Medical Center | 2 Comments »
Posted on February 10, 2009 by Editors
Partners for Online Personal Health Records By Staff Reporters According to MarketWire, February 5, 2009, IBM, Google and the Continua Health Alliance [CHA] announced new software that will enable personal medical devices used for patient monitoring, screening and routine evaluation to automatically stream data results into a patient’s Google Health Account [GHA] or other Personal [...]
Filed under: Information Technology | Tagged: Continua Health Alliance, Daivd Marcinko, DHHS, eMR, ePR, Google Health, health information technology, healthcare, HHS, HIT, hope hetico, IBM, IT, obama, PHR, Tom Daschle | 9 Comments »
Posted on February 10, 2009 by Editors
An Economic Risk Measurement By Calvin Weise; MBA, CPA Hospital capital capacity is all about risk. A Risk Measurement Since capital investments have risks associated with them, capital capacity is a measurement of how much risk a hospital can bear. Capital capacity is not simple to determine. Capital investments introduce varying levels of risk, depending [...]
Filed under: Accounting, Health Economics, Healthcare Finance, iMBA, Inc., Investing, Practice Management | Tagged: capital capacity, capital investments, capitalization, economics, finance, healthcare, healthcare economics, Healthcare Finance, hospitals, Risk Management | 1 Comment »
Posted on February 9, 2009 by Editors
An HIT Report from the Inner City Trenches By Dr. David Edward Marcinko; MBA, CMP™ Publisher-in-Chief While not an IT guru by any means, I am a prudent fan of health IT where appropriate, and have always been a bit on the curious side. A Bit about Me OK; I am a member of the American [...]
Filed under: "Doctors Only", Career Development, iMBA, Inc., Information Technology, Op-Editorials, Practice Management, Research & Development | Tagged: AHIMA, Baltimore, Business of Medical Practice, CCHIT, Fell's Point, Global Productivity Manager for the Microsoft Healthcare Solutions Group, Hashem; MD PhD, HIMMS, Jonathan Schwartz, Microsoft Healthcare Solutions Group, MS-HU< SUNSHINE, NETGEAR, PACS, Richard Mata, wi-max | 2 Comments »
Posted on February 9, 2009 by Editors
The Most Important Medical Executive-Post Asset By Hope Rachel Hetico; RN, MHA Managing Editor The Medical Executive-Post is a knowledge aggregator of user-generated content. It is a network where users share, recommend, rank and comment on professional submissions by experts and thought-leaders. We believe that better submissions, lead to better actionable knowledge and professional lives. [...]
Filed under: Breaking News, Career Development, Experts Invited, Jobs & Employment:, Nominations Sought, Quality Initiatives, Sponsors | Tagged: contributing authors, editors, free labor authors, free labor entrepreneurs, healthcare, Managed Care, writers | 1 Comment »
Posted on February 9, 2009 by Editors
What it is – How it works? Staff Writers One competitive trend currently emerging is patient-focused healthcare, which focuses on patient needs and attempts to humanize patient care. Patient-focused healthcare therefore incorporates the following: · patient education; · active participation of the patient; · involvement of the family; · nutrition; · art; and · [...]
Filed under: Practice Management, Quality Initiatives, Research & Development | Tagged: BPO, business process re-engineering, kahn-bahn, patient focused healthcare | Leave a Comment »
