Posted on July 31, 2009 by Editors
Understanding OSHA Standards By Dr. David E. Marcinko; FACFAS, MBA, CPHQ, CMP™ By Patricia A. Trites; MPA, CHBC, CHCC, CMP™ (Hon) www.HealthcareFinancials.com The OSHA Standards for healthcare require that hand washing facilities be readily available to employees. Definition Hand washing facilities are defined as a facility providing an adequate supply of: running potable water; antiseptic [...]
Filed under: "Doctors Only", Career Development, Glossary Terms, Healh Law & Policy, Practice Management, Quality Initiatives, Recommended Books, Risk Management, Subscribe CD-ROM Journal | Tagged: Charles Fenton, hand washng, OPIM, OSHA, other potentially infectious material, Pati Trites, personal protective equipment, PPE | 8 Comments »
Posted on July 30, 2009 by Editors
A New Online Virtual Collaborative By Staff Reporters www.EHRWatch.com is a new online community dedicated to developments in electronic health records [eHRs], including practice, funding, product integration, standards developments and trends in implementation. The new site features blog posts, polling, commenting and a weekly e-newsletter. A Collaborative www.EHRWatch.com is designed to encourage community participation, interaction, collaboration [...]
Filed under: Breaking News, Information Technology, Practice Management | Tagged: ARRA, CCHIT, EHRs, electronic health records, electronic medical records, EMRs, healthcare reform, HITECH, obama | 2 Comments »
Posted on July 29, 2009 by Editors
The OSHA Definition for Medicine By Patricia A. Trites; MPA, CHBC, CHCC, CMP™ (Hon) Dr. Charles F. Fenton, III; JD, FACFAS Hope Rachel Hetico; RN, MHA, CMP™ www.HealthcareFinancials.com OSHA defines universal precautions (sometimes referred to as “normal precautions”) as an approach to infection control whereby all human blood and certain human body fluids are treated [...]
Filed under: Healh Law & Policy, Practice Management, Quality Initiatives, Risk Management, Subscribe CD-ROM Journal | Tagged: blood borne pathogens, Charles F. Fenton, HBV, HIV, Hope Rachel Hetico, OPIM, OSHA, Other Potentially Infectious Materials, Patricia A. Trites, universal infection precautions | Leave a Comment »
Posted on July 28, 2009 by Editors
ADA Image Tarnished? [By Darrell K. Pruitt; DDS] Dear Editor, This is a sincere letter which I am sure you will agree should be published in the October 2009 edition of the JADA. Today is July 19, 2009. I am allowing for the six weeks minimum time it requires for letters to appear in print [...]
Filed under: Breaking News, Career Development, Ethics, Health Insurance, Managed Care, Op-Editorials, Pruitt's Platform, Research & Development | Tagged: AARP, ADA, ADA Business Enterprises, ADA News, ADA News Online, ADA/IDM, ADABEI, American Association of Retired People, American Dental Association, Bill Novelli, CareCredit, Chuck Grassley, Darell Pruitt, DDS, denturist, DMD, Dr. James Bramson, Dr. Mark Feldman, Hippocratic Oath, Inc., Ingenix, Intelligent Dental Marketing, JADA, Journal American Dental Association, Julie Appleby, LD, red flags, red flags dentistry, UHG, UnitedHealth Group, USA Today | 4 Comments »
Posted on July 27, 2009 by Editors
Stress Testing Our Results a Decade Later By Dr. David Edward Marcinko; CPHQ, MBA, CMP™ By Hope Rachel Hetico; RN, MHA, CPHQ, CMP™ We are often asked by physicians and colleagues; medical, nursing and graduate students, and/or prospective clients to see an actual “comprehensive” financial plan. This is a reasonable request. And, although most doctors who [...]
Filed under: "Advisors Only", "Doctors Only", Book Reviews, Career Development, CMP Program, Ethics, Experts Invited, Financial Advisor Listings, Financial Planning, Investing, Recommended Books | Tagged: accountants, ADA, AMA, BD, broker-dealer, CFP, CFP BoS, CMP, CPA, CPHQ, david marcinko, EBD, EBM, ed koch, evidence based dentistry, evidence based medicine, financial advisors, financial plan, financial planner, Financial Planning, financial planning association, FPA, hope hetico, insurance planning, investment advisors, registered investment advisor, RFC, RIA, stock broker, wealth managers, www.certifiedmedicalplanner.com, www.healthcarefinancials.com | 2 Comments »
Posted on July 26, 2009 by Editors
Engineering and Medical Work Practice Controls By Patricia A. Trites; MPA, CHBC, CHCC, CMP™ (Hon) Dr. Charles F. Fenton, III; JD, FACFAS Hope Rachel Hetico; RN, MHA, CMP™ www.HealthcareFinancials.com Engineering and medical practice controls are methods used to isolate or remove bloodborne pathogen hazards from the workplace. These practices should be used to eliminate or minimize [...]
Filed under: "Doctors Only", Glossary Terms, Healh Law & Policy, Practice Management, Quality Initiatives, Risk Management, Subscribe CD-ROM Journal | Tagged: bloodborne pathogens, Charles Fenton, ECP, eye-wash stations, hand washing, hope hetico, OSHA, Patricia Trites, personal protective equipment, PPE, safe needle, sharps containers, spill-kits | 2 Comments »
Posted on July 25, 2009 by Editors
A Commencement Address on “Positive Deviancy” Staff Reporters One June 12th, 2009, New Yorker staff writer Atul Gawande MD delivered this commencement address, titled “Money,” to the graduates of the University of Chicago; Pritzker School of Medicine. It expands on the themes he touched on in his recent article about health-care costs in McAllen, Texas, [...]
Filed under: "Doctors Only", Ethics, Op-Editorials, Quality Initiatives | Tagged: atul gawande MD, commencement address, McAllen Texas, money, New Yorker, obama, positive deviancy, Pritzker School of Medicine, University School Medicine | Leave a Comment »
Posted on July 24, 2009 by Editors
I Dislocate a Finger By Dr. David Edward Marcinko; MBA, CMP™ [Publisher-in-Chief] Dateline: Sunday June 28, 2009 Fresh off my “runner’s” high from meeting Olympians Shani Davis and Apolo Ohno, the other day, I easily ran an extra couple of miles during my daily training run to stay in shape during my arduous speaking and [...]
Filed under: Book Reviews, iMBA, Inc., Marketing & Advertising, Media Mentions and PR, Op-Editorials, Sponsors, Touring with Marcinko | Tagged: ambulance, Apolo Ohno, barry scurran, Bruce Gustafson, churchill-livingston, david marcinko, DH Elleby, douglas elleby, Elleby, EMT, finger dislocation, finger fracture, Florence Nightingale, marquette general hospital, Marquette Mountain, nurse, PIPJ, podiatry, ROM, Shani Davis, shock, X-ray | 1 Comment »
Posted on July 23, 2009 by Editors
A Dedicated Terminology Website By Staff Reporters Understanding and defining the new era of healthcare information technology in America. The ARRA and HITECH concept of “meaningful use” for e-MRs is nebulous and ill defined. This new website is intended to be a collaborative destination site in order to promote the national dialogue and education around [...]
Filed under: Breaking News, Career Development, Glossary Terms, Health Economics, Information Technology | Tagged: AMDIS, ARRA, Association of Medical Directors of Information Systems, CCHIT, Compuware Corporation., economic stimulus funds, HIT, HITECH, IT, Mark Leavitt, meaningful use, www.healthcarefinancials.com, www.healthdictionaryseries.com, www.MeaningfulUse.org | 11 Comments »
Posted on July 22, 2009 by Editors
Meeting Olympic Champions By Dr. David Edward Marcinko; MBA, CMP™ [Publisher-in-Chief] Dateline: Saturday June 27, 2009 I attended the Superior BMX Bike Fest today, sponsored in-part by Marquette General Hospital [MGH] and held for amateur and professional cyclists, alike. These brave riders in downtown Marquette MI; segregated by gender and age groups, rode mostly carbon [...]
Filed under: Breaking News, iMBA, Inc., Media Mentions and PR, Op-Editorials, Sponsors, Touring with Marcinko | Tagged: Apolo Anton Ohno, Berry Events Center, Dancing with the Star’s, david marcinko, Derek Graham, Graham Howard, Marquette, marquette general hospital, Marquette Michigan, Ryan Bedford, Sarah Maguire, Shani Davis, speed skating, Superior BMX Bike Fest, Team Priority Health, Twilight Criterium, US Olympic Education Center, US Olympic Education Center [USOEC], US Short Track National Speed Skating Trials, USOEC | 5 Comments »
Posted on July 21, 2009 by Editors
Friends and ME-P Readers, By Sean G. Todd; Esq, M.Tax, CPA, CFP® Summer is here for sure in Atlanta—90 degrees plus day after day. I’ve been enjoying the fresh sweet corn, a BLT and a large glass of sweet tea at dinner—now that is a fine meal. Why do I share this with you — because at [...]
Filed under: Accounting, Estate Planning, Financial Planning, Investing, Portfolio Management, Retirement and Benefits, Risk Management, Taxation | Tagged: basis, capital gains, CPA, david marcinko, dividends, EA, equities, Estate Planning, ETFs, Financial Planning, Investing, investments, IRA, liquidity, municipal bonds, Mutual Funds, Roth, Sean Todd, step up basis, stocks, tax efficient investing, Taxation, taxes, trading, wealth management | 3 Comments »
Posted on July 20, 2009 by Editors
“Using-Up” Health Insurance By Dr. David Edward Marcinko; MBA, CMP™ [Publisher-in-Chief] Dateline: June 18-19th, 2009 I flew into Marquette Michigan last night on a puddle jumper from Chicago, Illinois. Marquette will be the home base on my current book promotion and public/private speaking tour. This second leg of our trip, from Atlanta, was delayed for mechanical [...]
Filed under: Health Economics, Health Insurance, iMBA, Inc., Marketing & Advertising, Media Mentions and PR, Op-Editorials, Sponsors, Touring with Marcinko | Tagged: American Airlines, auto insurance, certified medical planner, CMP, david marcinko, Delta Airlines, doctor, Health Insurance, healthcare, healthcare reform, insurance agent, marquette general hospital, marquette MI, Marquette Upper Peninsula Healthcare System, Michigan, Northern Michigan University, obama, RIF, Upper Peninsula, Viering’s Restaurant, www.certifiedmedicalplanner.com | 1 Comment »
Posted on July 19, 2009 by Editors
And Suggestions for Improvement, Too! By Ann Miller; RN, MHA [Executive Director] We love accolades at the ME-P, but we also love your suggestions for improvement, too. So, talk to us! If you participate, you can win a chance to receive a signed first-edition copy of the best-selling textbook: Business of Medical Practice. http://www.springerpub.com/prod.aspx?prod_id=23759 Channel Surfing Have [...]
Filed under: "Advisors Only", "Doctors Only", Alerts Sign-Up, Marketing & Advertising, Media Mentions and PR | Tagged: An Miller, Business of Medical Practice, david marcinko, hope hetico, medical executive post | 1 Comment »
Posted on July 18, 2009 by Editors
Get Direct Delivery to your Private e-mail Box By Ann Miller; RN, MHA If you haven’t had a chance to sign up for the Medical Executive-Post yet, you really should. You’ll get a helpful daily email reminder when breaking news occurs, or when important posts go up on the site. Plus; recently added new features [...]
Filed under: Alerts Sign-Up, Breaking News, Career Development, Practice Management, Sponsors, Subscribe CD-ROM Journal | Leave a Comment »
Posted on July 17, 2009 by Editors
Fearing Medicare Payment Gaps By Staff Reporters June 18, 2009 The Centers for Medicare and Medicaid Services (CMS) issued the following “Scam Alert Notice” “CMS has become aware of a scam where perpetrators are sending faxes to physician offices posing as the Medicare carrier or Medicare Administrative Contractor (MAC). The fax instructs physician staff to [...]
Filed under: Alerts Sign-Up, Breaking News, Career Development, Healh Law & Policy, Health Economics, Health Insurance, Healthcare Finance, Research & Development | Tagged: CMS, CMS Scam Alert Notice, FFS, MAC, MC, medicare, Medicare Administrative Contractor, Medicare FFS, medicare paymenhjt gaps, Medicare Scam Alerts | Leave a Comment »
Posted on July 16, 2009 by Editors
Show Me the Math By Darrell K. Pruitt; DDS I have noted here far too many times how it disappoints me that Delta Dental Plans Association vice president Janis Oshensky repeatedly chooses to turn to politicians rather than discuss Delta Dental’s arguably egregious and harmful policies with me, a dentist. I intend to put a [...]
Filed under: "Doctors Only", Career Development, Ethics, Health Insurance, Managed Care, Practice Management, Pruitt's Platform | Tagged: ADA, Darrell Pruitt, DDPA, DDS, delta dental, Delta Dental Michigan, dentists, DMD, GM, HMO, Janis Oshensky, managed dental care, POLITICO, PPO, UAW | 3 Comments »
Posted on July 15, 2009 by Editors
July 2009 Edition By Douglas B. Sherlock; CFA, MBA Attached below, find the July 2009 Edition of Plan Management Navigator. In this month’s edition, we summarize the results of Independent / Provider-Sponsored Healthcare Plans. The 16 plans collectively serve 5.7 million members and are leaders in their communities. Link: Navigator_07-09 Conclusion And so, your [...]
Filed under: Health Economics, Health Insurance, Healthcare Finance, Managed Care, Monthly Reports, Research & Development | Tagged: douglas sherlock, Health Insurance, health plan, healthcare plans, managed care plans, Plan Management Navigator, Sherlock Company | 1 Comment »
Posted on July 14, 2009 by Editors
Will CareCredit be the Next ADA Subsidiary to Fail? I saw a warning sign last week. By Darrell K. Pruitt; DDS My aggressive writing hobby has understandably brought me in hard contact with public relations people whose job is to insulate good ol’ boys from accountability – even if it means taking hits for the [...]
Filed under: "Doctors Only", Breaking News, Career Development, Ethics, Health Insurance, Information Technology, Marketing & Advertising, Media Mentions and PR, Pruitt's Platform, Research & Development | Tagged: ADA, ADA Business Enterprises, ADA/IDM, ADABEI, American Dental Association, CareCredit, Darrell Pruitt, dentists, IDM, Intellignet Dental Marketing, red flag rules, Steve Lohr, Trajan King | 12 Comments »
Posted on July 13, 2009 by Editors
Your Top 25 Most Urgent Questions Answered by iMBA, Inc. By Dr. David Edward Marcinko; MBA, CMP™ By Hope Rachel Hetico; RN, MHA, CMP™ www.CertifiedMedicalPlanner.com The modern medical practice is both similar, and unlike, other businesses today. This disparity often adds to confusion for the private practitioner. And so, the experts at iMBA Inc, list [...]
Filed under: Accounting, CMP Program, Health Economics, Health Insurance, Healthcare Finance, iMBA, Inc., Managed Care, Media Mentions and PR, Practice Management, Recommended Books | Tagged: certified medical planner, CMP, CPA, david marcinko, financial accounting, financial management medical practice, healthcare acounting, healthcare CPAs, hope hetico, iMBA, Inc., Institute Medical Business Advisors, medical financial acounting, medical practice financial management, medical practice management, www.certifiedmedicalplanner.com, www.HealthDictionaySeries.com, www.medicalbusinessadvisors.com | 1 Comment »
Posted on July 12, 2009 by Editors
Answering a Growing Chorus of Inquiries By Professor Hope Rachel Hetico; RN, MHA, CMP™ [Managing Editor] The Medical Executive-Post is the complimentary companion blog to the premium peer-reviewed quarterly subscription journal: Healthcare Organizations [Financial Management Strategies]. While the perspective of our blog is private medical practitioners, the focus of our e-journal on CD-ROM is large [...]
Filed under: "Advisors Only", "Doctors Only", CMP Program, Experts Invited, iMBA, Inc., Media Mentions and PR, Research & Development, Sponsors, Subscribe CD-ROM Journal | Tagged: certified financial planner, certified medical planner, CFP, CMP, CPA, CRNA, david marcinko, DDS, DO, DPM, EHRs, EMRs, FA, Financial Planning, hope hetico, IT, JD, MBA, MD, medical management, PAs, PhD, PHI, RN, www.healthcarefinancials.com, www.healthdictionaryseries.com, www.medicalbusinessadvisors.com | Leave a Comment »
Posted on July 11, 2009 by Editors
Advertise on the Medical Executive-Post Reach out and impress more than 100,000 physician and nurse-executives, financial advisors, CEOs and medical management consultants in the health 2.0 space. Our premium institutional e-journal: www.HealthcareFinancials.com and complimentary companion newsletter blog: www.HealthcareFinancials.wordpress.com has limited sponsorship and advertising opportunities available; So, act now!? Advertise with us! Reserve your space today. [...]
Filed under: Alerts Sign-Up, Breaking News, Career Development, iMBA, Inc., Jobs & Employment:, Marketing & Advertising, Sponsors, Subscribe CD-ROM Journal | Tagged: advertise, ASCs, CFA, CFP, CMP, david marcinko, DDS, DO, DPM, financial advisors, hope hetico, hospitals, iMBA, Inc., MD, medical clinics, medical executive post, PhD, sponsor, www.certifiedmedicalplanner.com, www.healthcarefinancials.com, www.healthdictionaryseries.com, www.medicalbusinessadvisors.com | Leave a Comment »
Posted on July 10, 2009 by Editors
Goodwill Hunting: What’s your Office Worth? [Abstracted from the AMedNews, and Dr. David E. Marcinko; MBA] There are several measures a physician can take to increase the value of medical practice goodwill, which in turn will make the practice more desirable, and profitable, when selling or taking on a partner. These are listed below for your consideration: [...]
Filed under: Career Development, Glossary Terms, Health Economics, iMBA, Inc., Practice Management, Practice Worth, Research & Development, Subscribe CD-ROM Journal | Tagged: accounting value, book value, business goodwill, david marcinko, goodwill, goodwill valuation, medical practice value, personal goodwill, practice appraisal, Practice Worth | 1 Comment »
Posted on July 9, 2009 by Editors
The McAllen Redux We urge all ME-P subscribers and followers to read Atul Gawande’s piece in the New Yorker that appeared as an essay on McAllen, Texas – the little Texas town with the dubious honor of being one of the most expensive health care markets in the country, today. Link: http://www.newyorker.com/reporting/2009/06/01/090601fa_fact_gawande?currentPage=all As Dr. Gawande noted, [...]
Filed under: Alerts Sign-Up, Breaking News, Healh Law & Policy, Health Economics, Health Insurance, Healthcare Finance, Media Mentions and PR, Practice Management, Quality Initiatives | Tagged: Atul Gawabde, CMS, Health Insurance, McAllen Redux, McAllen Texas, medicare, New Yorker, OMB, Peter R. Orszag | 5 Comments »
Posted on July 8, 2009 by Editors
Physician Due Diligence is Important By Daniel B. Moisand; CFP®, and the ME-P Staff While the merits of hiring the right financial advisor [FA] may be clear, hiring the wrong one can be devastating. Medical professionals still tend to have higher incomes and are an attractive target for most financial institutions and scam artists. This fear [...]
Filed under: "Doctors Only", Book Reviews, Career Development, Financial Planning, Portfolio Management, Recommended Books, Research & Development, Risk Management | Tagged: bear market, bull market, certified financial planner, certified medical planner, CFP, CMP, Dan Moisand, david marcinko, financial advisors, Financial Planning, Wall Street, www.certifiedmedicalplanner.com | 1 Comment »
Posted on July 7, 2009 by Editors
Continued Growth of Boutique Medical Practices Seen in 2009-10 By Dr. David Edward Marcinko; MBA CMP™ The boutique, or direct reimbursement, or cash based medicine, or concierge medical practice business model requires an annual fee for personalized treatment that includes amenities far beyond those offered in the typical practice, or suggested by physician medical unions. [...]
Filed under: Career Development, CMP Program, Ethics, Healh Law & Policy, Health Economics, Health Insurance, Healthcare Finance, Practice Management, Professional Liability, Research & Development, Risk Management, Sponsors, Subscribe CD-ROM Journal | Tagged: boutique medical practice, Business Medical Practice, c Davis, cash based medicine, choice.md, ChoiceMed, concierge medicine, david marcinko, direct reimbursement medicine, elite health, health advocate, Health Care Strategic Management, MD2 International, MDVIP, ModernMed, zombie medical practices | 7 Comments »
Posted on July 6, 2009 by Editors
Let’s Have Some Fun! By Darrell K. Pruitt; DDS Hello, sports fans. Have you missed me? It’s been about five days since I posted a comment that didn’t follow an article authored by someone else. My last one was “Pruitt’s Platform – Introduction to an Adventure.” It’s unusual for me to go so long between [...]
Filed under: Career Development, Health Insurance, Information Technology, Pruitt's Platform | Tagged: ADA, ADA/IDN, BCBS, BCBSTX, Darrell Pruitt, DDS, Dell, delta dental, dentist, Facebook, Jeff Jarvis, McCarran-Fergusan Act, NPI, NPI Number, twitter | 19 Comments »
Posted on July 5, 2009 by Editors
Understanding Vital Balance Sheet and Income Statement Components By Dr. David Edward Marcinko; MBA, CMP™ By Dr. Gary L. Bode; MSA, CPA, CMP™ Financial ratios are derived from components of the balance sheet and income statement. These short and long-term financial ratio values are “benchmarked” to values obtained in medical practice management surveys that become [...]
Filed under: Accounting, Career Development, CMP Program, Healthcare Finance, Practice Management | Tagged: accounting equation, accounts receivable, ARs, bad debt expenses, balance shet, COH, current assets, current liabilities, david marcinko, financial ratios, Gary Bode, income statement, medical billing, medical invoicing, quick ratio, ratio analysis, www.certifiedmedicalplanner.com, www.healthcarefinancials.com, www.healthdictionaryseries.com, www.medicalbussinessadvisors.com | Leave a Comment »
Posted on July 4, 2009 by Editors
From One [Opinionated] Blogger-2- Another By Hope Rachel Hetico; RN, MHA, CMP™ [ME-P Managing Editor] We are pleased to report on the response to many of our featured posts and informative articles; some positive, others not so. Of course, many of the most positive – and not so positive – “kudos” go out to our [...]
Filed under: Alerts Sign-Up, Breaking News, Financial Planning, iMBA, Inc., Marketing & Advertising, Media Mentions and PR, Op-Editorials, Practice Management, Recommended Books, Subscribe CD-ROM Journal | Tagged: book tour, david marcinko, HCP Live, Healthcare Professionals Network, hope hetico, Michigan, peter kelly, Upper Peninsula, www.healthcarefinancials.com | Leave a Comment »
Posted on July 3, 2009 by Editors
Understanding the Trial Process By Dr. Jay S. Grife; Esq, MA The selection process for a jury begins with what is called the jury pool. A number of citizens are selected as potential jurors, usually several times the number of jurors needed for a trial. From this pool of potential jurors, the jury panel is [...]
Filed under: "Doctors Only", Book Reviews, Ethics, Professional Liability, Recommended Books, Risk Management | 3 Comments »
Posted on July 2, 2009 by Editors
ADVERTISEMENT Events-Planner: JULY 2009 Staff Writers “Keeping track of important health economics and financial industry meetings, conferences and summits” Welcome to this issue of the Medical Executive-Post and our Events-Planner. It contains the latest information on conferences, news, and relevant resources in healthcare finance, economics, research and development, business management, pharmaceutical pricing, and physician/entity reimbursement! [...]
Filed under: Alerts Sign-Up, Events-Planner | Tagged: book signing tour, david marcinko, events, financial services organizations, medical societies, meetings, speaking tour | 1 Comment »
Posted on July 1, 2009 by Editors
Pruitt’s Platform – Introduction to an Adventure By Darrell Kellus Pruitt; DDS I’d like to take this opportunity to thank Managing Editor Hope R. Hetico RN, MHA and the ME-P staff, as well as loyal readers, for providing me a featured spot on this unprecedented free forum – which is rumored to be even monitored by [...]
Filed under: Alerts Sign-Up, Breaking News, Media Mentions and PR, Pruitt's Platform | Tagged: ADA, ADA News, congress, Darrell Pruitt, DDS, dental economics, DMD, hope hetico, medical executive post, PennWell, Pruitt's Platform, The World is Flat, Thomas Friedman | 2 Comments »
