Posted on March 31, 2011 by Editors
Exemptions from the SEC Act of 1933 By Dr. David Edward Marcinko MBA CMP™ [Publisher-in-Chief] Historical Definition The SEC Act was landmark legislation that established the SEC and gives it authority over proxy solicitation and registration of organized stock exchanges. In addition, the Act sets disclosure requirements for securities in the secondary market, regulates insider trading, [...]
Filed under: Experts Invited, Glossary Terms, Investing | Tagged: exempt securities, SEC, SEC Act 1933, Securities Exchange Commission | Leave a Comment »
Posted on March 30, 2011 by Editors
Sensor-Based Mobile Apps Show How M-Health Business Models Could Work By Markus Pohl Making money with mobile healthcare applications takes much more effort than most developers expected. M-Health apps normally do not get into the app stores’ top ranking lists and thus do not receive high download numbers. m-Health Applications Business Models But, there [...]
Filed under: Information Technology, Op-Editorials, Practice Worth | Tagged: DME, m-Health, Markus Pohl, medical device manufacturers, Mobile Health Market, mobile phone apps, research2guidance, Sensor based business models, smart phones | 3 Comments »
Posted on March 29, 2011 by Editors
Plantar Fasciitis Truth By Angry Orthopod, MD There are nearly 2 million cases of plantar fasciitis in the United States every year. As an orthopaedic surgeon, I’m quite familiar with this issue since nearly 20 percent of my patients come to me about plantar fasciitis. Although there is a surefire way to fix the problem, [...]
Filed under: Experts Invited, Health Economics, Op-Editorials | Tagged: angry orthopod, orthotics, plantar fasciitis | Leave a Comment »
Posted on March 28, 2011 by Editors
A Decentralized, Dealer-2-Dealer Market By Dr. David Edward Marcinko MBA [Publisher-in-Chief] www.CertifiedMedicalPlanner.com Securities are bought and sold every day by physicians and other investors who never meet each other. The market impersonally enables transfer (or sale) of securities from individuals who are selling to those who are buying. These trades may occur on an organized [...]
Filed under: Investing, Portfolio Management | Tagged: bid and ask price, CMP, david marcinko, Dealer-2-Dealer Market, market maker, OTC, Over the Counter, pink sheets, www.certifiedmedicalplanner.com | 1 Comment »
Posted on March 27, 2011 by Editors
Filling the Funnel with Candidates By Susan L. Theuns; PA-C, CPC, CHC The best-kept secret about physician recruiting is to keep the funnel filled with a pool of candidates. With the dearth of primary care physicians – and some specialists for example – modern healthcare organizations can’t afford to wait for doctors to beat a path [...]
Filed under: Experts Invited, Practice Management | Tagged: Physician Recruitment, susan theuns | 1 Comment »
Posted on March 27, 2011 by Editors
Margin Terms and Definitions for Physician Investors By Staff Reporters A Margin Account is opened for the purposes of engaging in securities transactions using credit extended by the brokerage firm. Hypothecation is the pledging of securities as collateral for a margin loan. Before a brokerage firm can lend any money whatsoever, the law requires the [...]
Filed under: Glossary Terms, Health Economics, Health Insurance, Healthcare Finance, Investing | Tagged: Brokerage Loans, Hypothecation, margin account, Rehypothecation, Street Name Registration | Leave a Comment »
Posted on March 26, 2011 by Editors
Comment Period of Solicitation By Staff Reporters Last week marked the first anniversary of the Affordable Care Act (ACA) being signed into law by President Obama, and one year into the new era of health care reform it’s clear that Americans remain divided in their views on the ACA. Depending on the source, polls [...]
Filed under: Healh Law & Policy, Surveys and Voting | Tagged: Affordable Care Act. | 9 Comments »
Posted on March 25, 2011 by Editors
A Primer for Physicians By Dr. David Edward Marcinko MBA [Publisher-in-Chief] An executive bonus plan (or § 162 plan) is an effective way for a medical practice, clinic or other healthcare company to provide valued, select physician or other employees an additional employment benefit. One of the main advantages to an executive bonus plan, when compared [...]
Filed under: Financial Planning, Practice Management | Tagged: § 162 plan), executive bonus plans | 1 Comment »
Posted on March 25, 2011 by Editors
An IRS Warning Report for Doctors and All Citizens [No Lame Excuses] By Staff Reporters This IRS report responds to some of the more common frivolous “legal” arguments made by individuals and groups who oppose compliance with the federal tax laws. Three Parts The first section groups these arguments under six general categories, with [...]
Filed under: Taxation | Tagged: federal tax laws, IRS, Tax Arguments | 1 Comment »
Posted on March 24, 2011 by Editors
Understanding the Traditional Process By Dr. David Edward Marcinko MBA, and ME-P Staff Reporters www.CertifiedMedicalPlanner.com To see how the transactions are actually handled on the floor of an exchange, let us assume that an order to buy 100 shares of General Electric has been given by a doctor customer to the registered representative (stock broker), [...]
Filed under: Investing | 1 Comment »
Posted on March 23, 2011 by Editors
On HR 2520 By Staff Reporters Austin Frakt PhD, over at www.TheIncidentalEconomist.com has been writing that many of the policy attributes, mechanisms and challenges facing the Affordable Care Act (ACA) are similar to those of the Ryan-Rivlin plan and what Ezra Klein calls Ryan-Coburn. http://theincidentaleconomist.com/wordpress/ryan-coburn-ryan-rivlin-and-aca/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheIncidentalEconomist+%28The+Incidental+Economist+%28Posts%29%29 The PCA Ryan-Coburn is The Patients’ Choice Act (PCA) that [...]
Filed under: Healh Law & Policy | Tagged: HR 2520, Patient Choice Act, Ryan-Coburn., Ryan-Rivlin plan | Leave a Comment »
Posted on March 23, 2011 by Editors
Follow Paretto’s Law – or Learn Something Unique and Compete? By Dr. David Edward Marcinko; FACFAS, MBA, CMP™ [Publisher-in-Chief] Michael Kitces is an industry pundit, and well known certified financial planner [CFP], who writes for a financial advisory and financial planner audience at the website Nerd’s Eye View: http://www.kitces.com He is a bright guy, who holds [...]
Filed under: "Advisors Only", Career Development, CMP Program, Financial Planning, Practice Management | Tagged: CFP, CMP, Dave Ramsey, david marcinko, Michael Kitces, Suze Orman, www.CertifiedMedicalPlanner | 3 Comments »
Posted on March 22, 2011 by Editors
A Business Case Model By Richard J. Mata MD, MS, CIS www.HealthcareFinancials.com The Mighty-Soft Hospital is a futuristic 1,500 bed fortress-like facility operating with a state-of-the-art dual wired-wireless infrastructure complete with computerized physician order entry system, radio frequency inventory device (RFID) control tags, and integrated electronic medical records (EMRs) that are the envy of its competitors [...]
Filed under: "Doctors Only", Career Development, Experts Invited, Information Technology | Tagged: chief medical security officer, CIO, CISA, CISSP, HIPAA, LAN, PMP, RFID, Richard Mata, WAN | 1 Comment »
Posted on March 22, 2011 by Editors
A Primer for Physician Investors By Dr. David Edward Marcinko MBA CMP™ [Publisher-in-Chief] While the underwriting procedures for corporate bonds are almost identical to corporate stock, there are significant differences in the underwriting of municipal securities. Municipal securities – hospitals for example – are exempt from the registration filing requirements or the Securities Act of [...]
Filed under: Investing | Tagged: Agreement Among Underwriters, bond attorney, competitive bond bidding, david marcinko, Municipal Bond Underwriting, municipal bonds, negotiated bond bidding, syndicate letter | 1 Comment »
Posted on March 21, 2011 by Editors
The Mistrusting Doctor By Dr. Gary L. Bode MSA, CPA, LLC Spot audits are an important internal medical practice control. Here, physician-owners use their expertise with the logistics and dynamics of their practice, to devise a series of regular inspections to see if anything is going wrong, and assuring that everything is going right. Frequent, [...]
Filed under: Book Reviews, Practice Management | Tagged: Business of Medical Practice, Gary L. Bode, internal controls, medical practice audits, spot employee audits, www.BusinessofMedicalPractice.com | Leave a Comment »
Posted on March 20, 2011 by Editors
The Conversion to Negotiated Managed Healthcare is Significant Dr. David Edward Marcinko, MBA CMP™ Prof. Hope Rachel Hetico, RN MHA CPHQ CMP™ www.BusinessofMedicalPractice.com The conversion to managed healthcare and capitation financing is a significant marketing force and not merely a temporary business trend. More than 60% of all physicians in the country are now employees [...]
Filed under: Book Reviews, Health Insurance, Practice Management | Tagged: Business of Medical Practice, david marcinko, HMO, HMO contracts, hope hetico, MCO, mco contracts, medical practice contracts, Negotiated Healthcare, Negotiated Managed Care, PPO, www.BusinessofMedicalPractice.com | Leave a Comment »
Posted on March 18, 2011 by Editors
The Mackenzie Hospital Clinic By Staff Reporters www.HealthcareFinancials.com The Mackenzie Hospital Clinic was offered a private fixed-rate MCO contract that would increase revenues by $50,000 for the next fiscal year. The clinic’s 30% gross margin would not change because of the new business. However, $10,000 would be added to overhead expenses for another part-time assistant. More [...]
Filed under: Accounting, Health Economics, Practice Management, Subscribe CD-ROM Journal | Tagged: hos;ital ARs, hosital cash management, hospital APs, hospital cash flow analysis, www.healthcarefinancials.com | 2 Comments »
Posted on March 17, 2011 by Editors
A One-Stop-Look-See with Comparisons By Staff Reporters Link: Health-Care-Reform-Comparison-in-Brief [Courtesy: BuckConsultants] Conclusion And so, your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure. Speaker: If you need [...]
Filed under: Career Development, Experts Invited, Healh Law & Policy, Health Economics, Health Insurance, Research & Development | Tagged: ACA, Affordable Care Act., BuckConsultants, healthcare reform, ObamaCare | 2 Comments »
Posted on March 16, 2011 by Editors
Look Before you Leap By Shahid N. Shah MS Because of all the talk about electronic medical records [EMRs] and medical records software, doctors have many reasons to start immediately looking for an EMR vendor. But, try to resist that urge and look at broader non-EMR solutions that can help remove some of the non-clinical [...]
Filed under: Book Reviews, Information Technology | Tagged: Business of Medical Practice, EHRs, electronic medical records, EMRs, Shahid N. Shah, www.BusinessofMedicalPractice.com | 3 Comments »
Posted on March 15, 2011 by Editors
In the Modern Era By Eugene Schmuckler PhD, MBA www.BusinessofMedicalPractice.com In 1987 the magazine Fast Company published an article authored by Tom Peters entitled “The Brand Called You.” Although some individuals may shy away from the concept of self-branding in actuality, many of the online social network sites such as Facebook become media by [...]
Filed under: Marketing & Advertising, Practice Management | Tagged: Eugene Schmuckler PhD, Self-Branding For Physicians | 2 Comments »
Posted on March 14, 2011 by Editors
Integrating Financial Planning, Practice Management and Life By Dr. David Edward Marcinko MBA, CMP™ www.CertifiedMedicalPlanner.com Life planning has many detractors and defenders. Formally, it has been defined by Mitch Anthony, Gene R. Lawrence and Roy T. Diliberto of the Financial Life Institute, in the following trinitarian way. Financial Life Planning is an approach to financial planning that places [...]
Filed under: CMP Program, Financial Planning | Tagged: Financial Planning, holistic planning, life planning, www.BusinessofMedicalPractice.com, www.certifiedmedicalplanner.com, www.medicalbussinessadvisors.com | 3 Comments »
Posted on March 13, 2011 by Editors
The Real Benefits of Improving Medical Practice Performance By Dr. Gary L. Bode MSA, CPA, PC www.BusinessofMedicalPractice.com Most medical practitioners are not well trained in business. However, our health care services are provided in an underlying business environment. Let’s consider the financial rewards of a well-run practice, since they are the most tangible. We shall [...]
Filed under: Accounting, Book Reviews, Practice Management | Tagged: Gary L. Bode, medical practice management, www.BusinessofMedicalPractice.com | 1 Comment »
Posted on March 12, 2011 by Editors
Healthcare Organizations [second edition] By Ann Miller RN MHA [Executive-Director] Greetings ME-P Readers, Experts and Subscribers, As you may know, we are now preparing the next edition of our book: Healthcare Organizations [Management Strategies, Operational Techniques and Case Studies]. And so, we solicit your interest in crafting new material or simply updating original chapters [...]
Filed under: "Doctors Only", Book Reviews, Breaking News, Experts Invited, Health Economics, Health Insurance, Healthcare Finance, iMBA, Inc. | Tagged: david marcinko, healthcare writers, journalists, medical writers | Leave a Comment »
Posted on March 11, 2011 by Editors
Stock or Manager Relevance Comparisons and Philosophy By Dr. David Edward Marcinko MBA, CMP™ [Publisher-in-Chief] One relatively recent performance evaluation approach that was developed to help improve the relevance of comparisons is the separation of stock universes and managers by style. This classification method attempts to distinguish between stocks or manager philosophies based upon general [...]
Filed under: Investing, Portfolio Management | Tagged: david marcinko, growth stocks, Investing, portfolio evaluation, Style-Based Portfolio Performance Evaluations, value stocks | 1 Comment »
Posted on March 10, 2011 by Editors
The Smartphone Applications Market is Impressive By Markus Pohl The mobile applications market made it from ramp-up phase to a mass market in only 3 years. This is much faster than previous mobile market sectors needed. Berlin, March 8th, 2011 The numbers regarding the smartphone applications market are impressive: Global app download numbers increased [...]
Filed under: Information Technology, Practice Management | Tagged: Markus Pohl, research2guidance, Smartphone App Market | Leave a Comment »
Posted on March 9, 2011 by Editors
A ProPublica Report By Marian Wang ProPublica, March 3, 2011, 3:24 p.m. About 5 percent of nursing home workers—or one out of every 20—had at least one conviction, according to the report, which took a random sample of 260 nursing homes certified by Medicare and ran FBI background checks on their workers. State Rules State [...]
Filed under: Alerts Sign-Up, Breaking News, Ethics, Healh Law & Policy | Tagged: elder care, Marian Wang, Nursing Home Compare, nursing home workers, nursing homes, ProPublica, Sen. Herb Kohl, senior care | 3 Comments »
Posted on March 8, 2011 by Editors
The Case for Fully Informed Consent By Dr. Martin Young MBChB, FCS(SA)Otol. martin@carespace.net The issue of ‘informed consent’ is an ever present bugbear in all healthcare systems around the world, raising its head time after time in journals, weblogs, healthcare administration policies and, above all, medical malpractice lawsuits. Every mention emphasizes the need for improving [...]
Filed under: Ethics, Experts Invited, Information Technology, Practice Management, Professional Liability | Tagged: consentcare, Dr. Martin Young, informed consent, medical consent forms, surgical consent forms | 4 Comments »
Posted on March 7, 2011 by Editors
Are we on track to be a huge disappointment to our children’s children – or What? By Darrell K. Pruitt DDS When our grandchildren get the bill for the Obama administration’s subsidies benefitting primarily the health information technology industry, I bet they’re going to be really, really pissed at us for allowing today’s lawmakers to [...]
Filed under: Healh Law & Policy, Information Technology, Op-Editorials, Practice Management, Pruitt's Platform | Tagged: ACA, ARRA, CPOE, EHRs, EMRs, HIT, HITECH, Joseph Goedert, meaningful use, Office of the National Coordinator for Health Information Technology, ONC, Rich Daly | 17 Comments »
Posted on March 6, 2011 by Editors
Doctors – Take the Mystery Out of Auto Repair! By Staff Reporters RepairPal gives you independent and unbiased repair estimates, user ratings and reviews, plus advice you can’t get anywhere else. It’s easy, accurate, and FREE! How it Works If you’ve received a price estimate for a specific automobile repair job, compare it to [...]
Filed under: "Advisors Only", "Doctors Only", Breaking News | Tagged: auto repairs, RepairPal.com | Leave a Comment »
Posted on March 5, 2011 by Editors
Lessons Learned from the State of Wisconsin By Dr. David Edward Marcinko MBA, CMP™ Did you know that healthcare journalist William F. Shea opined a decade ago that there were numerous psychological barriers against the formation of physicians unions [personal communication]. The Reasons These included (1) public perception of doctor’s as a “cut above” ordinary [...]
Filed under: Career Development, Healh Law & Policy, Op-Editorials | Tagged: david marcinko, medical unions, physicians unions, William F. Shea | 4 Comments »
Posted on March 5, 2011 by Editors
Check out the Xerox Blog Talk Radio By Staff Reporters Federal regulations require that healthcare organizations put new safeguards be put in place to protect a person’s personal health information, also known as PHI. This means new challenges for anyone who handles sensitive data [covered entities]. And, there are also severe penalties if the [...]
Filed under: Healh Law & Policy, Practice Management | Tagged: ACS, covered entity, HIPAA, Mark Tripodi, PHI, protected health information | Leave a Comment »
Posted on March 4, 2011 by Editors
Concerning Periodic Measurements and Meters By Dr. David Edward Marcinko MBA, CMP™ [Publisher-in-Chief] The stock market has been booming lately; flirting with DJIA 12,000. Up almost 100% since March 2009, after being down almost 50%. And so, perhaps this is a good time to [re]-evaluate the performance of your investment portfolio[s]. But how? Performance measurement [...]
Filed under: Investing, Portfolio Management | Tagged: david marcinko, Dow Jones Industrial Average, Investing, Portfolio Management, Russell 2000, Standard & Poor’s, stock market indices, Time Weighted Investment Returns, Value Line Index, Wilshire 5000 | 5 Comments »
Posted on March 4, 2011 by Editors
What it is – How it works? By Staff Reporters At a time when many Americans are confused about the healthcare overhaul law, a coalition of groups representing doctors, nurses, pharmacists and consumers has launched a website to answer questions about the Affordable Care Act. The new website – HealthCareandYou.org – doesn’t delve into [...]
Filed under: Healh Law & Policy, Health Insurance, Information Technology, Practice Management | Tagged: ACA, Affordable Care Act., Health Insurance, http://www.healthcareandyou.org | Leave a Comment »
Posted on March 3, 2011 by Editors
On Capturing a Full Range of Market Environments By Dr. David Edward Marcinko MBA, CMP™ [Publisher-in-Chief] What is the appropriate time period for portfolio growth comparison? Performance measurements over trailing calendar periods, such as the last one, three, five or 10 years, are often used in the mutual fund and investment industry. While three-to-five-to-ten years [...]
Filed under: Interviews, Portfolio Management | Tagged: david marcinko, Investing, Portfolio Management | 1 Comment »
Posted on March 3, 2011 by Editors
A Revisit - Circa 2011 By Henry H. Goldman PhD, CPCM [Risk Management Associates International, LLP] Dear Ms. Ann Miller RN MHA I’ve attached an article which might be of interest to your ME-P readers, subscribers and clients. It’s new and can easily be modified to meet your healthcare needs. Link: QUALITY ISSUES IN THE [...]
Filed under: Experts Invited, Practice Management, Quality Initiatives | Tagged: Business Quality Initiatives, Henry Goldman PhD | 1 Comment »
Posted on March 2, 2011 by Editors
Recent Developments on Form 990 and Schedule H By Children’s Home Society of Florida Foundation In Announcement 2011-20; 2011-10 IRB 1 (23 Feb 2011), the IRS granted a three-month automatic filing extension for most tax-exempt hospitals. Form 990 and Schedule H Following the development of a new Form 990 Return for Charitable Organizations, the [...]
Filed under: Accounting, Health Economics, Taxation | Tagged: 2011-10 IRB 1, ACA, Form 990, Schedule H, tax-exempt hospitals | 1 Comment »
Posted on March 1, 2011 by Editors
Beware all Physicians and Investors By Sean G. Todd, Esq., M. Tax, CFP, CPA Investors have been pouring money into bonds. The Investment Company Institute statistics show that since January 2007, average net new money going into bond mutual funds each month has been roughly four times greater than net outflows from equity funds.* So does [...]
Filed under: Investing | Tagged: bond bubbles, bonds, interest rates, Investment Company Institute, Sean Todd | 3 Comments »
Posted on March 1, 2011 by Editors
ADVERTISEMENT Events-Planner: MARCH 2011 By 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 [...]
Filed under: Events-Planner | Tagged: Events-Planner | Leave a Comment »
