Posted on March 31, 2009 by Editors
What they Are - How they Work By Staff Reporters Bond uni-trusts are a type of closed-end investment company. Their funds issue a fixed number of shares, and the value of the shares is determined by the market for them. Obtaining unit trust bonds A physician-investor wishing to buy into a closed-end fund must buy shares [...]
Filed under: Book Reviews, Financial Planning, Glossary Terms, Investing, Portfolio Management, Sponsors | Leave a Comment »
Posted on March 31, 2009 by Editors
More Doctors Closing Office Doors to Drug Salesmen By Staff Reporters According to Kevin B. O’Reilly, of the AMNews on 3/23/09, drug reps may soon become dinosaurs-of-sorts. And, the relationship between doctors and drug reps is cloudy, darkening and may never be the same again. Changing Relationships Pharmaceutical companies, battered by sluggish drug pipelines, the looming [...]
Filed under: "Doctors Only", Drugs and Pharma, Ethics, Managed Care, Practice Management | Tagged: Big Pharma and Drugs, big-pharma, D2C, D2D, detailers, drug makers, drug reps, generic, IMs, patent, pharmaceuticals, text messages, webcasts | 13 Comments »
Posted on March 30, 2009 by Editors
More on “Sleazy” Healthcare Stakeholders By Darrell K. Pruitt; DDS If the leaders of the American Dental Association have the power and stoic determination to casually sweep aside trouble-making members who might tarnish their image, one would think that they could certainly avoid associating with sleazy healthcare stakeholders; such as UnitedHealthcare. The Insurance Giants Have you [...]
Filed under: Breaking News, Career Development, Ethics, Healh Law & Policy, Health Insurance, Managed Care, Op-Editorials | Tagged: AADC, ADA, Aetna and Cigna, AMA, American Association of Dental Consultants, Department of Dental Informatics, Ingenix, Jay Rockefeller, John Luther, National Association of Dental Plans, NPA, NY Attorney General Andrew Cuomo, P4P, Patrick Cannady, Science and Transportation Committee, Senate Commerce, UCR, UHC, UnitedHealthcare, WellPoint | 1 Comment »
Posted on March 30, 2009 by Editors
Many Methods Possible and Often Confusing By Dr. David Edward Marcinko; FACFAS, MBA, CMP™ What is of the utmost importance to a physician-investor is: (1) to have a plan, (2) a means of implementation and monitoring investments, and (3) a process to review goals and objectives in the future. Some or all of these steps [...]
Filed under: "Doctors Only", Alerts Sign-Up, Funding Basics, Investing, Op-Editorials, Portfolio Management, Sponsors | Tagged: 12b-1, certified financial planner, certified medical planner, CFP, ChFC, CMP, commissions, CPA, fee only, financial advisors, financial planners, FINRA, PFS, registered investment advisor, registration, RIA, SEC, Series 63, Series 65, Series 7, stock broker, wealth manager | 2 Comments »
Posted on March 29, 2009 by Editors
Considerations for the Physician-Investor By Staff Reporters Proper diversification among types of bonds is an important investment objective. The maturity schedule and the number of issuers are often very important, along with the issuers’ creditworthiness. Individual Constraints The constraints on purchases of individual bond issues often put the physician-investor at a disadvantage. Minimum amounts of [...]
Filed under: Financial Planning, Investing, Portfolio Management | Tagged: bond funds, bond insuror's, bond rating, bonds, credit, credit rating, credit rating agency, creditworthiness, debt securities, debts, junk bonds, municipal bonds, mutual bond funds, Mutual Funds, revenue bonds, treasury bonds | 2 Comments »
Posted on March 29, 2009 by Editors
Vital Information for Medical Professionals and Heathcare Workers By Staff Reporters To a large degree the decision to exercise a stock option will depend on whether the medical professional, hospital or other healthcare services employee is going to hold the stock following the exercise or is going to sell the stock immediately. A Bifurcated Decision [...]
Filed under: Alternative Investments, Investing, Portfolio Management | Tagged: alternate minimum tax, AMT, dividends, exercising options, incentive stock options, ISOs, options, stock options, under water options | Leave a Comment »
Posted on March 28, 2009 by Editors
Advertisement Advisors and Consultants Raising the Bar to Physician Specificity By Ann Miller; RN, MHA Welcome to the virtual community of physician focused financial advisors and accountable medical management consultants. We have more of what you want and need for your physician clients; essential information for all financial advisors and consultants; online education, fiduciary responsibility, peer-review publishing [...]
Filed under: Uncategorized | 1 Comment »
Posted on March 28, 2009 by Editors
Thoughts on Pop-Up Healthcare Facilities By Dr. David Edward Marcinko; FACFAS, MBA, CMP™ Publisher-in-Chief According to the Philadelphia Inquirer, February 10, 2009, it took Mark Ross about 22 minutes to inflate the hospital for the first time. Yesterday, he did it in 14 minutes. In the event of a large-scale emergency – a direct hit [...]
Filed under: Career Development, Military Medicine, Op-Editorials, Quality Initiatives | Tagged: CASH, CMS, hospitals, MASH, Woodstock Hospital | 2 Comments »
Posted on March 27, 2009 by Editors
Good Content and “Fly” Beats the Competition By Dr. David Edward Marcinko; MBA, CMP™ [Publisher-in-Chief] Last month, Steve Brawner [Steve Brawner Communications, a free-lance journalist for the Medical Business News, Inc., and the publisher of Medical News of Arkansas] contacted me to talk about hospitals, healthcare economics and the current financial dilemma in medical care. The [...]
Filed under: Book Reviews, Health Economics, Health Insurance, Healthcare Finance, iMBA, Inc., Managed Care, Media Mentions and PR, Practice Management, Recommended Books, Research & Development, Subscribe CD-ROM Journal | Tagged: Baltimore Sun, Bob Woodward, Carl Bernstein, Chicgo Tribune, Darrell Pruitt, eDRs, EHRs, EMRs, Facebook, health journalist, Healthcare Organizations, hospitals, iMBA, Inc., journalism, Mark Zuckerberg, Medical Business News Inc, medical clinics, Medical News of Arkansas, NPI, Sam Zell, Seattle Post Intelligencier, William Mark Felt | 1 Comment »
Posted on March 27, 2009 by Editors
Solo Doctors and and Small Group Practices May Benefit By Staff Reporters According to Diana Manos of Healthcare Finance News, on March 23, 2009, small medical group practices and solo and/or independent physicians may benefit most from the recently proposed Obama healthcare budget. In it, President Obama asked Congress for $76.8 billion for the Department [...]
Filed under: Health Economics, Health Insurance, Healthcare Finance | Tagged: AMA, DHHS, HITECH, Joseph M. Heyman, MA, Medicare Advantage, Obama Healthcare, P4P, Pay-for-Performance, SGR, sustainable growth rate | 50 Comments »
Posted on March 27, 2009 by Editors
Why the Long NPI – BCBSTX? By Darrell Pruitt; DDS More than a year ago, Dr. Robert Ahlstrom, an ADA [American Dental Association] and NHII (National Healthcare Information Infrastructure) task force member, told attendees to the ADA’s 3rd International Evidence-Based Dentistry Conference that the NPI number is “Critical to the future of dentistry.” But, to [...]
Filed under: "Doctors Only", Career Development, Health Insurance, Information Technology, Military Medicine, Quality Initiatives, Risk Management | Tagged: ADA, BCBSTX, Blue Cross, Blue Shield, dental benefits, dental insurane, evidence based dentristy, evidence based medicine, Health Insurance, insurance fringe benefits, National Healthcare Information Infrastructure, NPI Number, NPPES, Robert Ahlstrom, Veterans | 22 Comments »
Posted on March 26, 2009 by Editors
And, Laugh out Loud over D2D Marketing By Dr. David Edward Marcinko; FACFAS, MBA, CMP™ [Publisher-in-Chief] We all know how intrusive direct-to-consumer [D2C] marketing by the pharmaceutical industry has become. Especially for those male “enhancement” type drugs that seem to be a ubiquitous feature on TV, the print media and internet, etc. No, I’m not [...]
Filed under: "Doctors Only", Breaking News, Career Development, Drugs and Pharma, Ethics, Glossary Terms, Marketing & Advertising | Tagged: azithromycin, D2C, D2D, direct-2-doctor, doctor-2-doctor, Pfizer, Raymond W. Urbanski | 7 Comments »
Posted on March 26, 2009 by Editors
Dear ME-P Advocates and Colleagues Many thanks for reaching out to us. Ann Miller; RN, MHA 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 [...]
Filed under: Experts Invited, iMBA, Inc., Jobs & Employment:, Marketing & Advertising, Sponsors | Tagged: advertising, CFAs, CFPs, CMPs, CPA, dentists, doctors, FAs, financial advisors, Health Insurance, healthcare economics, Healthcare Finance, Healthcare Organizations, hospitals, lawyers, marketing, MBAs, ME-P, medical executive post, osteopaths, PhDs, podiatrists, Sponsors, vendors | Leave a Comment »
Posted on March 26, 2009 by Editors
Patients Showing Doctors the Money [1999–2008] By Staff Reporters Copayment 2008 1999 $5 6% 23% $10 16% 60% $15 29% 12% $20 30% 1% Other 19% 3% Source: Kaiser/HRETHRET Survey of Employer-Sponsored Health Benefits www.kff.org Assessment Considering the “down and dirty” interest rate “rule of 72”, a twice doubling of copayments from $5 to $20, and [...]
Filed under: Career Development, Health Insurance, Managed Care, Practice Management | Tagged: copay, copayments, Employer Sponsored Health Benefits, fringe benefits, Hewlett-Packard 12-C, high deductible health plan, HSA, insurance deductibles, interest rates, Kaiser, rule of 72 | Leave a Comment »
Posted on March 25, 2009 by Editors
What’s Old … is New Again? By Dr. David Edward Marcinko; MBA, CMP™ Publisher-in-Chief Asset allocation policies, incorporating the risk/return fundamental equation, have traditionally been classified under the following approaches: Principal Stability and Income, Income, Income-Oriented, Balanced, Growth, and Aggressive Growth. Traditional Concepts In all forms of traditional asset allocation and diversification policy approaches, the [...]
Filed under: Accounting, Estate Planning, Ethics, Financial Planning, Funding Basics, iMBA, Inc., Insurance Matters, Investing, Portfolio Management, Practice Worth, Professional Liability, Recommended Books, Retirement and Benefits, Risk Management, Sponsors, Taxation | Tagged: Aggressive Growth, asset allocation, Balanced, diversification, Growth, Income, Income-Oriented, Principal Stability | 3 Comments »
Posted on March 25, 2009 by Editors
Governmental Initiative for the Elderly and Poor By Staff Reporters According to Nancy Ferris of Government Health IT, on Mar 18, 2009, a rapid learning health information data network could close some gaps in medical knowledge and cut costs for Medicare and Medicaid recipients. A Congressional Letter In a letter to Congress, a group of [...]
Filed under: Healh Law & Policy, Health Insurance, Information Technology, Quality Initiatives | Tagged: CCHIT, Commonwealth Fund, Congressional letter, Department of Veteran Affairs, healt information technology, Health I.T., HIPAA, HIT, Information Technology, Janet Corrigan, Karen Davis, Kenneth Kizer, Lynn Etheredge, Margaret O'Kane, Medicaid, medicare, National Committee for Quality Assurance, National Quality Forum, NCQA, NQF, old patients, poor patients | 2 Comments »
Posted on March 25, 2009 by Editors
Physician’s Need to Understand Compensation Methods By Staff Reporters www.HealthcareFinancials.com Property Managers Medical property managers are compensated for their services on an hourly or fee basis. In addition, they may be reimbursed for expenses related to the maintenance of the property, such as materials, and they may also pay for expenses incurred by subcontractors. Fees [...]
Filed under: Alternative Investments, Career Development, Financial Planning, Investing, Practice Management, Risk Management | Tagged: Buyers Brokerage Agreement, commercial medical real estate, commissions, david marcinko, landlord, lease, leasing commissions, leasing warrants, Listing Agreement, medical office buildings, medical practice rent, medical real estate, occupancy, real estate agents, real estate brokers, real estate commissions, real estate sales, real-estate, rent | 1 Comment »
Posted on March 24, 2009 by Editors
Advertisement Enhanced Listing about Our Practice At Sharkey, Howes & Javer, we specialize in people, their money and their choices. We offer our clients peace of mind and the guidance to help them make wise lifetime decisions along their path to success. Team Approach We are a team, working in partnership with our clients and [...]
Filed under: "Advisors Only", "Ask-an-Advisor", "Doctors Only", Estate Planning, Experts Invited, Financial Advisor Listings, Financial Planning, Jobs & Employment:, Sponsors | Tagged: certified medical planner, CFP®, CLU, CMP, david marcinko, Eileen M. Sharkey, Estate Planning, fiduciary advisor, financial advisor, Financial Planning, hope hetico, Howes & Javer, Joel B. Javer, Larry Howes, Lawrence E. Howes, MBA, medical advisors, medical consultants, physician advisors, physician consultants, Sharkey | Leave a Comment »
Posted on March 24, 2009 by Editors
Advantages and Disadvantages By Staff Reporters A physician or other medical professional may consider using the services of a home mortgage broker when s/he does not want to spend much personal time searching for the best loan. Other reasons include poor credit history, low credit ratings level; or similar. Of course, this will cost the [...]
Filed under: Financial Planning, Funding Basics, iMBA, Inc. | 5 Comments »
Posted on March 24, 2009 by Editors
Doctors Facing a Bleak Future Business and Financial Planning Model By Dr. David Edward Marcinko; MBA, CMP™ Publisher-in-Chief According to Physicians News, on March 19, 2009, the demand for family physicians is growing. Proposals for health system reform focus on increasing the number of primary care physicians in America. Yet, despite these trends, the number of [...]
Filed under: "Doctors Only", Career Development, Estate Planning, Financial Planning, iMBA, Inc., Managed Care, Op-Editorials, Practice Management, Practice Worth, Retirement and Benefits, Subscribe CD-ROM Journal | Tagged: ADA, allopath, AMA, APMA, david marcinko, DDS, dentist, DO, doctor, DPM, family practitioner, hope hetico, iMBA, Inc., internist, MD, National Resident Matching Program, OD, optometrist, osteopath, pho, physician, podiatrist, primary care, residency match, www.healthcarefinancials.com, www.healthdictionaryseries.com, www.medicalbusinessadvisors.com | 7 Comments »
Posted on March 23, 2009 by Editors
Why Benchmarks are Out – and Scrutiny is In By Dr. David Edward Marcinko; MBA, CMP™ Publisher-in-Chief CEO: www.MedicalBusinessAdvisors.com As discussed elsewhere on this ME-P, the medical practice appraiser’s primary goal is to determine the value of the business based on its expected earnings or cash flow. To accomplish this, the medical practice appraiser looks [...]
Filed under: "Advisors Only", "Doctors Only", Accounting, Career Development, Managed Care, Practice Management, Practice Worth, Professional Liability, Taxation | Leave a Comment »
Posted on March 23, 2009 by Editors
My Search for Truth – 2009 By Darrell Kellus Pruitt; DDS Do the leaders of the American Dental Association [ADA] encourage critical thinking by membership? Or; do they fear my opinion of what appears to be destructive and self-serving institutional bias in my ADA that favors businesses peripheral to the care of dental patients, and [...]
Filed under: "Doctors Only", Career Development, Ethics, Op-Editorials, Quality Initiatives, Research & Development | Tagged: ADA, Allscripts, American Dental Association, delta dental, Dr. John Luther, Dr. Michael G. Newman, Dr. Robert Ahlstrom, Dr. Ron Zentz, EBD, eDRs, evidence based dentistry, Evidence-Based Dentistry: 3rd International Conference, HIPAA, Ingenix, National Health Information Infrastructure, Newt Gingrich, NHII, NPI, NPPES, P&G, P4P, Pay-for-Performance, PennWell, Procter & Gamble, The Journal of Evidence-Based Dental Practice | 3 Comments »
Posted on March 23, 2009 by Editors
What they Are – How they Work By Staff Reporters Motivated by cost savings, an increasing number of hospitals, healthcare systems and large healthcare organizations are converting their traditional legacy defined benefit pension plans to cash balance plans. While the trend seems sudden, it is not surprising. Healthcare related companies are reaping substantial savings from [...]
Filed under: Accounting, Career Development, Financial Planning, Investing, Retirement and Benefits, Taxation | Tagged: 401(k), 403(b), cash balance plans, defined benefit plans, defined contribution plans, fringe benefits, IRA, oth IRA, retirement planning | Leave a Comment »
Posted on March 22, 2009 by Editors
Economic Conditions Better than Other Major Industries By Staff Reporters According to Richard Pizzi, on March 9th, Healthcare Finance Newsweek reported that employment at US hospitals climbed 0.14 percent in February to a seasonally adjusted 4,719,300 people. Bureau of Labor Statistics Responding to just issued BLS data, the number employed was 6,800 more than in [...]
Filed under: Career Development, Health Economics, iMBA, Inc., Managed Care, Research & Development | Tagged: BLS, healthcare CPAs, healthcare jobs report, hospital employment, medical careers, medical consultants, medical jobs, medical school | Leave a Comment »
Posted on March 22, 2009 by Editors
We’re collecting information on financial advisors, financial planners, accountants, attorneys and/or related folks in the Health 2.0 space who have a particular affinity or expertise advising doctors, nurses, medical professionals, and related others. And, we have been for some time, now. New Channel Development for Medically Focused Financial Advisors and Management Consultants* Beta-in-Progress By Ann Miller; [...]
Filed under: "Advisors Only", Breaking News, Career Development, CMP Program, Ethics, Financial Advisor Listings, iMBA, Inc., Jobs & Employment:, Marketing & Advertising, Sponsors, Subscribe CD-ROM Journal | Tagged: CFA, CFP, CPA, Financial Advisor Listings, financial advisors, financial consultants, financial planners, MBA, PhD, wealth managers | 1 Comment »
Posted on March 21, 2009 by Editors
Advertisers – Give Me a Break! By Dr. David Edward Marcinko; MBA, CMP™ Did you know that financial advisor Judith Zabalaoui, age 71, considered a pioneer of the fee-only business-model of financial services sales, pleaded guilty to using a Ponzi scheme to embezzle more than $3 million from her New Orleans area clients between 1993 [...]
Filed under: Career Development, Ethics, Financial Planning, Industry Indignation Index, Marketing & Advertising, Media Mentions and PR, Op-Editorials, Quality Initiatives | Tagged: Bloomberg, certified financial planner, certified medical planner, david marcinko, insurance, insurance agent, Money magazine, RIA, Worth | 2 Comments »
Posted on March 20, 2009 by Editors
Some Steps to Consider By Dr. David Edward Marcinko; MBA, CMP™ [Publisher-in-Chief] Medical practice succession planning is a dynamic process requiring current physician ownership and management to plan for the future and implement the resulting plan. Many doctors approach succession planning initially through retirement planning. Once they understand the issues and realities of the tax laws, [...]
Filed under: Career Development, CMP Program, Estate Planning, Financial Planning, iMBA, Inc., Practice Worth, Research & Development, Retirement and Benefits, Taxation | Tagged: certified financial planner, certified medical planner, Financial Planning, IRS, medical appraisal, medical practice succession planning, medical practice worth, succession planning, USPAP | Leave a Comment »
Posted on March 20, 2009 by Editors
Valued Friends and Colleagues By Linda Trugman; CPA, CVA We hope this e-mail post finds you well. We have attached our most recent newsletter “Valuation Trends” for your perusal and hope you find something of interest in it; especially “20 Ways to Avoid an IRS Appraisal Audit.” Link: trugman-valuation Assessment As a reminder, our updated website at [...]
Filed under: "Advisors Only", Accounting, Practice Management, Practice Worth, Taxation | Tagged: CPA, CVA, medical appraisals, medical practice value, medical practice worth, medical valuations, Trugman Valuation Associates | 2 Comments »
Posted on March 20, 2009 by Editors
Dr. Jeremy Siegel Opines By Staff Reporters According to Financial Advisor News – an electronic trade magazine on March 17 2009 – Standard & Poor’s underestimate the earnings of its S&P 500 Index. So says, Jeremy Siegel PhD, a finance professor at the University of Pennsylvania’s Wharton School of Business and author of Stocks for [...]
Filed under: Career Development, Financial Planning, Investing, Portfolio Management | Tagged: common stock, David E. Marcinko, financial advisor, Financial Planning, Investing, Jeremy Siegel, Market capitalization weighting, S&P 500 Index, S&P companies, stock broker, stock index, stock market, Wharton School of Business | Leave a Comment »
Posted on March 19, 2009 by Editors
Terms and Definitions for Physician Investors By Staff Writers The recent banking industry debacle has prompted several of our cost-conscience doctor-clients to rethink money market account risks and related products. We trust this brief review is helpful to all concerned. Money Market Deposit Accounts First, the term “money market account” must be defined. Link: www.HealthDictionarySeries.com [...]
Filed under: Financial Planning, Insurance Matters, Risk Management | Tagged: ATM, banks, CD, certificate of deposit, FDIC, MMDA, MMMF, money market deposit acount, money market mutual funds, NAV, net aset value | Leave a Comment »
Posted on March 19, 2009 by Editors
Oh Really … No so Fast! Submitted by J. Wayne Firebaugh, Jr; CPA, CFP®, CMP™ Dr. Malcolm T. MacEachern, Director of Hospital Activities for the American College of Surgeons, presciently observed that: … Our hospitals are now involved in the worst financial crisis they have ever experienced. It is absolutely necessary to all of us to [...]
Filed under: Career Development, Health Economics, Health Insurance, Healthcare Finance, Managed Care, Marketing & Advertising, Media Mentions and PR, Recommended Books, Subscribe CD-ROM Journal | Tagged: AHA, American College Surgeons, American Hospital Association, CAT, CT, david marcinko, financial crisis, hope hetico, hospitals, medical crisis management, MRI, PET, Wayne Firebaugh | 4 Comments »
Posted on March 18, 2009 by Editors
How Agents and Brokers are Paid for Selling Policies By Dr. David Edward Marcinko; MBA, CMP™ By Hope Rachel Hetico; RN, MHA, CMP™ [ME-P Publisher-in-Chief and Managing Editor] The recent AIG, and related insurance debacles, have prompted several of our cost-conscience doctor clients to rethink insurance agent sales commissions and related perks. We trust this [...]
Filed under: Ethics, iMBA, Inc., Insurance Matters, Retirement and Benefits | 7 Comments »
Posted on March 18, 2009 by Editors
Talk to Us By Ann Miller; RN, MHA [Executive Director] We would like to better understand who is visiting the Medical Executive-Post, and what you like, or do not like, about our blog site, print journal and/or communications forum. Most of all, we wish to know who is just visiting versus who is posting, commenting [...]
Filed under: "Advisors Only", "Doctors Only", Experts Invited, Media Mentions and PR | Tagged: david marcinko, Financial Planning, Health Economics, healthcare consultants, Healthcare Finance, healthcare financials, hope hetico, medical executive post, medical management | Leave a Comment »
Posted on March 18, 2009 by Editors
Developing Best Medical Practices and Retail Operating Standards By Staff Reporters The Convenient Care Association [CCA] is comprised of companies, medical providers and healthcare systems that provide patients and consumers with accessible, affordable and quality healthcare in retail-based locations. The CCA works primarily to enhance and sustain the growth of the convenient care industry through [...]
Filed under: Career Development, Health Insurance, Managed Care, Practice Management, Quality Initiatives | Tagged: CCA, convenient care association, convenient care clinics, NPs, nurse practitioner, PAs, physician assistant, primary care, rimary care medicine | 8 Comments »
Posted on March 17, 2009 by Editors
Going Green and Getting the Cash By Staff Reporters According to Shannon Doyle, an independent consultant for the MGMA Health Care Consulting Group on March 9, 2009, the continued growth of high-deductible health insurance plans and health savings accounts has caused medical practices to increasingly rely on front-desk personnel to collect from patients. Three Modern [...]
Filed under: Career Development, Health Insurance, iMBA, Inc., Practice Management | Tagged: cash medical practice, cash value practice, HDHPs, Health Insurance, health savings account, HSAs, Inc., institute of medical business advisors, medical savings account, MSAs, rachel pentin-maki | 2 Comments »
Posted on March 17, 2009 by Editors
Differs from Insured Hospitalizations By Staff Reporters According to Tracey Walker, Senior Editor of Healthcare Executive News on March 13, 2009, the number of uninsured hospitalizations increased by 34%, over the last 10-year period, and the number of Medicaid hospitalizations increased by 36%. However, a newt report from the Agency for Healthcare Research and Quality [...]
Filed under: Health Economics, Health Insurance, Healthcare Finance, Insurance Matters, Surveys and Voting | Tagged: Agency for Healthcare Research and Quality, AHRQ, Health Insurance, hospital admissions, hospital charges, hospital costs, hospital stays, hospitalizations, insured patients, uninsured patients | 1 Comment »
Posted on March 17, 2009 by Editors
9 of 10 Would Repeat Career Choice By Staff Reporters According to the Association of Health Care Journalists on March 12, 2009 pia@healthjournalism.ccsend.com, and on behalf of the Association of Health Care Journalists news@healthjournalism.org; a new survey cited newsroom cutbacks, lack of time for research and travel, and fewer opportunities for training at their news organization [...]
Filed under: Career Development, iMBA, Inc., Interviews, Media Mentions and PR | Tagged: Association of Health Care Journalists, healthcare journalists, healthcare reporters, journalists, Kaiser Family Foundation, reporters | 2 Comments »
Posted on March 16, 2009 by Editors
Costs Hold Steady Staff Reporters According to Tracey Walker, Senior Editor of Healthcare Executive News on March 13, 2009, US employers expect healthcare cost increases to hold steady at 6%. Additionally, more plan to adopt consumer-directed health plans [CDHPs] in 2010, in an effort to control health cost increases. Watson Wyatt – National Business Group [...]
Filed under: Health Insurance, iMBA, Inc., Monthly Reports, Subscribe CD-ROM Journal, Surveys and Voting | Tagged: CDHCPs, CDHPs, consumer directed health plans, consumer directed healthcare plans, National Business Group, Watson Wyatt | 2 Comments »
Posted on March 16, 2009 by Editors
Send in your Submissions By Ann Miller; RN, MHA Executive Director If you have a tip – or insider information on any topic of interest to the healthcare industrial complex, medical practice management arena, financial services sector or health economics space – we want to hear from you! Named or anonymous, if we have an [...]
Filed under: Alerts Sign-Up, Breaking News, Career Development, iMBA, Inc., Jobs & Employment:, Marketing & Advertising, MAST-HEAD, Media Mentions and PR | Tagged: ann miller, david marcinko, Health Insurance, healthcare economics, Healthcare Finance, healthcare industrial complex, hope hetico, insider information, medical management, Practice Management, tipsters | Leave a Comment »
Posted on March 15, 2009 by Editors
CCHIT Meet Sam Walton By Darrell K. Pruitt; DDS Dana Blankenhorn posted an article recently on zdnet titled “Wal-Mart Selling Windows Health Records.” Link: http://healthcare.zdnet.com/?p=1966 After reading it, I opened a good, cost-effective fortified breakfast wine and began hammering out my comment that I copied below, long before the sun came up. Hope you enjoy [...]
Filed under: Information Technology, Practice Management, Research & Development | Tagged: Allscripts, Allscripts-Misys, CCHIT, Dana Blankenhorn, eHR, electronic health records, electronic medical records, eMR, Glen Tullman, HIT, IT, MDRX, Sam Walton, Wal-Mart | 2 Comments »
Posted on March 14, 2009 by Editors
Do you want to stay abreast of the healthcare managerial, policy administration and financial services industry with the growing knowledge silo of the Medical Executive-Post? If so, do we have options for you! Access Us Anytime, Anyplace and Anywhere By Ann Miller; RN, MHA Executive Director Our Options For starters, you can add our site [...]
Filed under: Alerts Sign-Up, Career Development, Experts Invited, Information Technology, Marketing & Advertising, Media Mentions and PR | Tagged: feeds, newsreader, RSS | Leave a Comment »
Posted on March 13, 2009 by Editors
Demise Predicted for Many Financial Advisors [Greed Induced and Wholly Self Inflicted] By Dr. David Edward Marcinko; FACFAS, MBA, CMP™ Publisher-in-Chief [Founder, CEO, Managing Partner and Editor-in-Chief] www.HealthcareFinancials.com www.MedicalBusinessAdvisors.com www.HealthDictionarySeries.com www.CertifiedMedicalPlanner.com MADOFF PLEADS GUILTY [March 12, 2009] NOW IN JAIL Stock brokers, financial advisors, investment advisors, Certified Financial Planners®, Wall Street broker-dealers, wealth management firms and [...]
Filed under: Breaking News, Ethics, Financial Planning | 9 Comments »
Posted on March 11, 2009 by Editors
The eEHR Privacy Debate Continues Staff Reporters According to our colleague Richard Mata; MD, MIS, writing in the premium print-journal Healthcare Organizations [Financial Management Strategies], a critical feature of any healthcare information system [HIS] is compliance with privacy requirements. Of course, the most important compliance regulation is the Health Insurance Portability and Accountability Act of [...]
Filed under: Healh Law & Policy, Information Technology, Professional Liability, Risk Management, Videos | Tagged: Campbell Brown, CNN, EHRs, Elizabeth Cohen, EMRs, health information technology, HIPAA, HIS, PHI, protected health information, Richard Mata | 1 Comment »
Posted on March 11, 2009 by Editors
Las Vegas Hospital Uses Celebrity Architecture to Fight Disease? By Dr. David Edward Marcinko; MBA Publisher-in-Chief According to the Las Vegas Sun Newspaper on March 2, 2009, the Cleveland Clinic is the newest top-tier player in Sin-City with an emerging health care system that will shake up the status quo, supposedly creating a multitude of [...]
Filed under: Ethics, Healh Law & Policy, Health Economics, iMBA, Inc., Industry Indignation Index, Op-Editorials, Quality Initiatives | Tagged: Charlie Palmer, Cleveland Clinic, executive physical, executive physical examination, Frank Gehry, Guggenheim Museum, HMO, hospitals, Las Vegas, Lou Ruvo Center, MCO, Medicaid, medicare, Peter B. Lewis Building, Weatherhead School | 3 Comments »
Posted on March 10, 2009 by Editors
Enter the Weekendalists and Laborists By Dr. David Edward Marcinko; MBA Publisher-in-Chief Editor: www.HealthDictionarySeries.com More than a decade ago, in another career, I wrote a few articles for Richard L. Reece MD when he edited a print and emerging electronic trade publication for medical professionals. All very “fly”, at the time. The Laborists Now [...]
Filed under: Career Development, iMBA, Inc. | Tagged: david marcinko, hospital medicine, hospitalists, hospitals, in-situ physician, intensivist, Marth Stewart, nocturalists, proceduralist, Richard L. Reece, rural hospitals, weekendalists | 1 Comment »
Posted on March 10, 2009 by Editors
The American Recovery and Reinvestment Act By Staff Reporters On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act [ARRA]. According to some, the law provides an opportunity to transform healthcare in the United States. HIT The law also provides $19 billion in health information technology [HIT] funding to ensure [...]
Filed under: Healh Law & Policy, Information Technology | Tagged: ADA, American Recovery and Reinvestment Act, ARRA, CCHIT, Darrell Pruitt, dentistry, eDRs, EHRs, EMRs, Health I.T., Health Information Technology for Economic and Clinical Health, HIT, HITECH, obama | 6 Comments »
Posted on March 9, 2009 by Editors
Emerging Pre-Paid Cash-Based Medicine By Bob Grove Healthcare in America is in Turmoil. The No Insurance Club [NIC] feels private contracts may be the solution. More and more Americans are going without healthcare especially preventative healthcare. The reasons – costs are too high, patients can’t get accepted due to a pre-existing condition, companies are cutting [...]
Filed under: Career Development, Health Insurance, Information Technology, Managed Care, Media Mentions and PR | Tagged: ARs, bad debt expenses, BDE, cash medical visits, COBRA, david marcinko, HMO, Medicad, medical ARs, medicare, no insurance club, obama, PPO, pre paid health care, private pay health care | 3 Comments »
Posted on March 9, 2009 by Editors
Appreciating the Distinction By Dr. David Edward Marcinko; MBA Publisher-in-Chief As the healthcare reform, and eMR controversy unfolds, I am struck by the more-than-linguistic distinction between the terms “healthcare expert” and “health journalist.” Link: www.HealthDictionarySeries.com Historical Perspectives Historically, as a peer-reviewed writer, editor, medical expert witness and now electronic publisher for almost four decades, I [...]
Filed under: Ethics, Experts Invited, Health Insurance, Managed Care, Research & Development | Tagged: david marcinko, healthcare experts, healthcare reporters, hope hetico | 7 Comments »
Posted on March 8, 2009 by Editors
About SwiftMD.com By Staff Reporters According to its website, SwiftMD isn’t just better telemedicine; it’s better medicine because of its physicians’ quality. Patient telephone calls are usually returned within 30 minutes, any time of the day or night. They employ a powerful eHR that is secure, HIPAA-compliant and keeps patients informed about their care. And, [...]
Filed under: Career Development, Information Technology, Quality Initiatives | Tagged: EHRs, EMRs, HIPAA, swiftmd.com, telemedicine, www.swiftmd.com | 4 Comments »
Posted on March 8, 2009 by Editors
Deciding What Works? By Staff Reporters Another way of asking the above titled question might be, “Is it smart for a doctor’s household to build savings while they are getting out of debt?” Financial Priorities In the first instance, the doctor already has debt and would be increasing the terms of any loans by [...]
Filed under: Financial Planning, Funding Basics, Investing, Recommended Books | Tagged: cash management, certified financial planner, Certified Medical Planner™, CFP, CMP, david marcinko, debt, depression, financial planner, Financial Planning, Investing, physician debt, US economy | Leave a Comment »