Posted on April 30, 2011 by Editors
Institute for Safe Medication Practices By Staff Reporters The Institute for Safe Medication Practices (ISMP), based in suburban Philadelphia, is the nation’s only 501c (3) nonprofit organization devoted entirely to medication error prevention and safe medication use. ISMP represents over 30 years of experience in helping healthcare practitioners keep patients safe, and continues to lead [...]
Filed under: Alerts Sign-Up, Drugs and Pharma, Quality Initiatives | Tagged: Hospital Pharmacy, Institute for Safe Medication Practices | 2 Comments »
Posted on April 29, 2011 by Editors
The Eleventh Leading Cause of Domestic Death Courtesy Medical Billing and Coding [Infographics] One million people commit suicide every year. Suicide is the 11th leading cause of death in the US. Japan Japan also has one of the highest suicide rates in the industrialized world and these suicides are mostly attributed to unemployment and depression. [...]
Filed under: Ethics, Industry Indignation Index, Research & Development | Tagged: medical coding and billing, suicide, suicide statistics | 7 Comments »
Posted on April 29, 2011 by Editors
An Internet Security Survey The recent breach at Epsilon, the Dallas online marketing vendor to more than 2,000 businesses, generated a lot of headlines. Epsilon clients include financial companies like American Express, Ameriprise Financial, Barclays Bank, Capital One, Citibank, City Market, JPMorgan Chase, as well as Best Buy, The College Board, Disney Vacations, Hilton Honors, [...]
Filed under: Information Technology, Risk Management, Surveys and Voting | Tagged: Epsilon | 5 Comments »
Posted on April 28, 2011 by Editors
Let’s End the Silence By D. Kellus Pruitt DDS Hey, Doc. How can your silence possibly serve your patients’ best interests? For my colleagues in the audience who have quietly examined the critical and timely issues I’ve repeatedly offered for discussion – adults with post-graduate degrees who might have briefly considered publicly responding to what [...]
Filed under: Healh Law & Policy, Information Technology, Pruitt's Platform | Tagged: ADA, Darrell Pruitt, DDS, eDRs, EHRs, electronic dental records, EMRs, Meaningful Use in Dentistry, Stage 2 Meaningful Use | 3 Comments »
Posted on April 27, 2011 by Editors
The US Health Care Crisis and the Complexities of Reform By Austin Frakt PhD Dr. Austin Frakt blogs over at The Incidental Economist which contemplates health care with a focus on research, and an eye on reform. It is about economics, health policy, health services, health care and – yes – politics. And, Austin is a health [...]
Filed under: Experts Invited, Healh Law & Policy, Health Economics, Health Insurance, Healthcare Finance | Tagged: ACA, Austin Frakt, healthcare challenges, healthcare reform, incidental economist | 1 Comment »
Posted on April 26, 2011 by Editors
Broadening Focus NBER Working Paper No. 16937 Issued in April 2011 The long-standing argument that focused operations out-perform others stands in stark contrast to claims about the benefits of broader operational scope and is addressed by Jonathan R. Clark, Robert Huckman in this working paper Specialize Expertise The performance benefits of focus are typically attributed [...]
Filed under: Career Development, iMBA, Inc., Practice Management | Tagged: Hospital Industry, hospital logistics, hospital operations, hospital specialization, hospital workflow, Jonathan R. Clark, NBER, niche hospitals, Robert Huckman, specialized hospitals | Leave a Comment »
Posted on April 25, 2011 by Editors
An Open Letter to Dr. Margaret Scarlett By D. Kellus Pruitt; DDS For the last few weeks, I’ve been challenging a naive EDR advocate. They are becoming increasingly hard to find. Here is what I posted today on her blog. Dear Dr. Margaret Scarlett This open conversation on your Medscape Connect blog not only alerts [...]
Filed under: Information Technology, Pruitt's Platform | Tagged: ADA, Darrell K. Pruitt, DDS, Dr. Margaret Scarlett, eDRs, EHRs, electronic dental records, EMRs, Health Information Exchanges, HIE, Medscape Connect, Sfax | 12 Comments »
Posted on April 25, 2011 by Editors
InfoGraphics – Part 1 Courtesy Medical Billing and Coding The United State has fallen behind other nations, failing to provide affordable health care to its citizens. Americans spend $477 billion a year MORE on health care than other advanced countries. So why do we pay so much compared to other wealthy nations? Part 1 of [...]
Filed under: Health Economics, Health Insurance, Healthcare Finance | Tagged: healhcare finance, Health Economics, Health Insurance, Medical Billing and Coding | Leave a Comment »
Posted on April 24, 2011 by Editors
Award Winning MultiCare Health System Employment Opportunity By Maureen Jamieson / Pam Kinsella Dear Dr. Marcinko, MultiCare Health System (MHS), in Tacoma, Washington, near Seattle, is seeking a Director to lead the MHS Research Institute. This centralized Institute focuses on applied clinical research and will build upon the success of the MHS Research Department, which [...]
Filed under: Alerts Sign-Up, Career Development, Jobs & Employment: | Tagged: Director MHS Research Institute, Maureen Jamieson, MultiCare Health System, Pam Kinsella | Leave a Comment »
Posted on April 23, 2011 by Editors
A Survey Poll Doctor, have you considered switching your financial advisor due to higher fees or poor portfolio performance since the “flash-crash” of 2008? Please vote and opine. VOTE: 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 [...]
Filed under: "Doctors Only", Surveys and Voting | Tagged: Flash Crash, switching financial advisors | 1 Comment »
Posted on April 22, 2011 by Editors
Clinical Tools Here is a white paper of important epidemiological concepts and common bio-statistical terms to help doctors and related professionals translate medical research into everyday practice. Link: http://www.medpagetoday.com/Medpage-Guide-to-Biostatistics.pdf 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 [...]
Filed under: "Doctors Only", Glossary Terms, Information Technology, Practice Management, Recommended Books | Tagged: Biostatistics | Leave a Comment »
Posted on April 22, 2011 by Editors
Our Newest Thought-Leader By Ann Miller RN MHA [Executive-Director] Carol S. Miller BSN, MBA, PMP has an extensive healthcare background in operations, business development and capture in both the public and private sector. Over the last 10 years she has provided management support to projects in the Department of Health and Human Services, Veterans Affairs, [...]
Filed under: "Ask-an-Advisor", Practice Management | Tagged: carol s. miller, Thought-Leaders: | 1 Comment »
Posted on April 21, 2011 by Editors
Doctors versus Insurers By Staff Reporters Despite the success of entrepreneurial doctors – the number of doctors who enter private practice are in decline. The Survey For example, according to a survey by the “Physicians Foundation”, 89% of respondents believe the traditional model of independent private practice “is a dinosaur soon to go extinct.” Survey: [...]
Filed under: Career Development, Health Insurance | Tagged: leaving private medical practice?, Physician's Foundation | 3 Comments »
Posted on April 21, 2011 by Editors
Offering a Window Of Opportunity For M-Health Service Providers By Markus Pohl The potential revenue that could be made in the mobile healthcare app market is just a fraction of the total integrated healthcare market. Service providers within the healthcare market have a window of opportunity with the possibilities that the mobile apps market offers [...]
Filed under: Information Technology | Tagged: m-Health, Markus Pohl, research2guidance, Smartphone Apps | 2 Comments »
Posted on April 20, 2011 by Editors
Recent Ways and Means Committee Meeting By Children’s Home Society of Florida Foundation At an April 13th 2011 hearing on the tax code before the Ways and Means Committee, witnesses noted that there is a general consensus on the complexity of the tax code. Enter Albert Einstein One witness quoted Albert Einstein, recipient of 1921 [...]
Filed under: Taxation | Tagged: AICPA, American Institute of Certified Public Accountants in, Children's Home Society of Florida Foundation, Dave Camp, IRS, Mark Johannessen, tax code, Ways and Means Committee | 1 Comment »
Posted on April 19, 2011 by Editors
JRS Medical and the DME Supply Group ADVERTISEMENT JRS Medical, Inc Your online source for over 20,000 discounted medical supplies from over 350 manufacturers. Just Real Simple! We understand that you’re life is probably hectic and buying our products isn’t one of your favorite things to do, so we want to provide the easiest possible [...]
Filed under: Alerts Sign-Up, Marketing & Advertising | Tagged: DME Supply Group, JRS Medical Inc. | Leave a Comment »
Posted on April 18, 2011 by Editors
Of Differences and Distinctions By Dr. David Edward Marcinko MBA By Hope Rachel Hetico RN MHA DNR Definition A Do Not Resuscitate Order (DNR) is a refusal of cardiopulmonary resuscitation in the event of cardiac or pulmonary arrest. A DNR, which is signed by a physician upon your consent, applies only if you are in [...]
Filed under: Ethics, Glossary Terms | Tagged: DNR, Do Not Resuscitate Order, Engage with Grace, Medical Orders for Life-Sustaining Treatment, MOLST | 4 Comments »
Posted on April 18, 2011 by Editors
Heartland Regional Medical Center By Deedra Hartung CLASSIFIED ADVERTISEMENT Dear Dr. Marcinko, Cejka Executive Search has been exclusively retained by Heartland Health, a physician-led, integrated health care system in St. Joseph, Missouri, to recruit a physician leader who will serve as Medical Director of Heartland Regional Medical Center (HRMC). About HRMC HRMC is a 491-bed [...]
Filed under: "Doctors Only", Career Development, Jobs & Employment: | Tagged: Classifieds, Deedra Hartung, Heartland Regional Medical Center, Jobs & Employment:, medical director | 1 Comment »
Posted on April 17, 2011 by Editors
Cultivating a Steady Stream of Patients By Dr. David Edward Marcinko MBA [Publisher-in-Chief] Developing and cultivating a steady stream of referrals involves good planning, an investment of time and energy in the referral relationship, and a keen understanding of referring physicians’ needs and priorities. According to consultant Carolyn Merriman, enhancing the referral relationship is a [...]
Filed under: "Doctors Only", Practice Management | Tagged: Carolyn Merriman, david marcinko, patient referrals, physician referrals, SHSMD, The Society for Healthcare Strategy and Market Development | Leave a Comment »
Posted on April 17, 2011 by Editors
Enabling Health Journalists By Staff Reporters The Role of Health Journalists Health journalists have a key role to play making health care safer and informing the public. To help them, CMS Chief Donald Berwick MD recently unveiled a new government website, the “Health Indicators Warehouse. The site offers abundant data including information never released before in [...]
Filed under: Breaking News, Health Economics, Health Insurance, Healthcare Finance, Information Technology, Research & Development | Tagged: CMS, Donald Berwick, Health Indicators Warehouse | 2 Comments »
Posted on April 15, 2011 by Editors
But, the Flaws Remain the Same By Jesse Eisinger ProPublica | @eisingerj In the aftermath of the financial crisis, nobody has gone to prison and there haven’t been any serious structural changes in the financial system. But at least everyone involved feels bad about it and has vowed to change, right? For Moody’s Investors Service, [...]
Filed under: Ethics, Financial Planning, Industry Indignation Index, Risk Management | Tagged: Bill Harrington, Brian M. Clarkson, Jesse Eisinger, Michael Kanef, Moody's | 2 Comments »
Posted on April 15, 2011 by Editors
Millions of Web Sites at Risk By Staff Reporters Founder and software developer Matt Mullenweg says sensitive information likely taken. Data Breach WordPress.com, which hosts millions of blogs using the popular WordPress blogging software, announced yesterday that its servers had been breached and that sensitive data was likely taken. Assessment Millions of websites use WordPress [...]
Filed under: Alerts Sign-Up, Breaking News, Information Technology | Tagged: bloggers, blogging, Matt Mullenweg, WordPress software, wordpress.com | Leave a Comment »
Posted on April 14, 2011 by Editors
Comment Period Still Open ADVERTISEMENT By Garfunkel * Wild PC As ME-P readers may know, the much anticipated proposed federal regulations on accountable care organizations (ACOs) were published on March 31, 2011. The ACA Under the Affordable Care Act, ACOs were created for the purpose of delivering seamless, high quality care to traditional fee-for-service Medicare [...]
Filed under: "Doctors Only", Alerts Sign-Up, Healh Law & Policy, Practice Management | Tagged: ACO, ACO Federal Regulations, Affordable Care Act., CMS, DHHS, FTC, Garfunkel Wild, IRS, OIG | 8 Comments »
Posted on April 13, 2011 by Editors
Re-Thinking a Popular Practice from the Past By Dr. David Edward Marcinko; MBA, CMP™ [Publisher-in-Chief] By Professor Hope Rachel Hetico; RN, MHA, CMP™ [Managing Editor] More personal than a corporate home care medical business model, most people view house calls as a popular practice from the past. Although only slightly less than 5% of the [...]
Filed under: Practice Management, Research & Development | Tagged: DNPs, Doctors of Nursing Practice, house calls, nurse practitioners | 1 Comment »
Posted on April 13, 2011 by Editors
Better Care, Lower Costs By Staff Reporters Doctors, nurses and other health care providers in America work incredibly hard to deliver the best care possible to their patients. Unfortunately, an alarming number of patients are harmed by medical mistakes in the health care system and far too many die prematurely as a result. Just Launched [...]
Filed under: Healh Law & Policy, Health Economics, Healthcare Finance, Quality Initiatives | Tagged: Institute of Medicine, Partnership for Patients, To Err is Human | 2 Comments »
Posted on April 12, 2011 by Editors
The Ryan Plan for FY 2012 By Children’s Home Society of Florida Foundation On April 5th House Budget Committee Chair Paul Ryan (R-WI) presented his budget proposal for Fiscal Year 2012. The comprehensive proposal included over $4 trillion in reduced spending during the next decade and a plan to reduce both the personal and corporate [...]
Filed under: Breaking News, Funding Basics, Healh Law & Policy, Taxation | Tagged: Children's Home Society of Florida Foundation, Dave Camp, House Budget Committee, House Ways and Means Committee, Ryan Plan | 2 Comments »
Posted on April 11, 2011 by Editors
An Audio-Video Review One Year Later By Staff Reporters Reforms under the Affordable Care Act have brought an end to some of the worst abuses of the insurance industry. These reforms have given Americans new rights and benefits, by helping more children get health coverage, ending lifetime and most annual limits on care, allowing young adults [...]
Filed under: Healh Law & Policy, Health Insurance | Tagged: ACA, Affordable Care Act., Donut Hole, Obama care | 7 Comments »
Posted on April 10, 2011 by Editors
A PHO Primer By Dr. David Edward Marcinko MBA, CMP™ [Publisher-in-Chief] Contrary to popular belief, physician-hospital relationships are not always driven by formal economics partnerships such as joint ventures, employment or medical director stipends. A concerted physician outreach program demonstrates a hospital’s commitment to working together more effectively. Example For example, Bon Secours Hampton Roads [...]
Filed under: "Doctors Only", Practice Management | Tagged: ACHE, American College of Healthcare Executives, Bon Secours Hampton Roads Health System, Carolyn Merriman, david marcinko, pho, Physician Hospital Organization | 1 Comment »
Posted on April 10, 2011 by Editors
How the ME-P is Helping Out By Dr. David Edward Marcinko, MBA CMP™ [Publisher and Editor-in-Chief] Millions of Japanese are struggling in the cold; without electricity or heat. And, rolling blackouts have been implemented as the earth-quake and tsunami devastated country faces a crippled power grid. And, of course, all medical professionals realize that there is [...]
Filed under: "Advisors Only", "Doctors Only", Experts Invited | Tagged: doctors without borders, earthquake, ionizing radiation, japan, tsunami | 2 Comments »
Posted on April 9, 2011 by Editors
ME-P Network Membership is Free By Staff Reporters The Medical Executive-Post is like a healthcare finance, economics and administration “Conference Online” for medical professionals and their financial advisors and management consultants. Just as with a traditional conference, by joining our network of like minded ME-P followers you will have access to the following from our more [...]
Filed under: Alerts Sign-Up, Career Development, iMBA, Inc., Practice Management | Tagged: CMP, david marcinko, medical executive post, www.healthcarefinancials.com, www.medicalbusinessadvisors.com | Leave a Comment »
Posted on April 9, 2011 by Editors
Posted on April 8, 2011 by Editors
An AHRQ Project HCUPnet is a free, on-line query system based on data from the Healthcare Cost and Utilization Project (HCUP). It provides access to health statistics and information on hospital inpatient and emergency department utilization. Link: http://hcupnet.ahrq.gov/HCUPnet.jsp HCUPnet overview HCUPnet is an on-line query system that gives you instant access to the largest set [...]
Filed under: Information Technology, Quality Initiatives | Tagged: Agency for Healthcare Research and Quality, AHRQ, HCUP, HCUPnet, Healthcare Cost and Utilization Project, Kids' Inpatient Database, Nationwide Inpatient Sample, State Emergency Department Databases, State Inpatient Databases | Leave a Comment »
Posted on April 7, 2011 by Editors
The Network and Forum for Doctors, and their Financial Advisors and Management Consultants By Ann Miller RN MHA [Executive-Director MarcinkoAdvisors@msn.com The Medical Executive-Post publishes material that is practical, versatile, and user-friendly for our target audience in the integrated healthcare industrial and financial services complex. So, if you have an essay, article, op-ed piece or [...]
Filed under: "Advisors Only", "Doctors Only", Experts Invited, Op-Editorials | Tagged: collaborative medicine, david marcinko, doctors, financial advisors, health 2.0, medical executive post | Leave a Comment »
Posted on April 7, 2011 by Editors
The Hope Outreach Medical Clinic By Staff Reporters www.HealthcareFinancials.com The Hope Outreach Medical Clinic (HOMC) is a private, for-profit, single specialty medical clinic in a south-eastern state. It submitted its bi-annual Request for Proposal (RFP) to continue its current managed care fixed-rate contract. Upon review of the RFP, however, Sunshine Indemnity Insurance Company, the managed [...]
Filed under: Book Reviews, Health Economics, Healthcare Finance, iMBA, Inc., Practice Management, Subscribe CD-ROM Journal | Tagged: fixed rate medical contract negotations, hospital contract negotations, managed care organization, MCO negotations | Leave a Comment »
Posted on April 6, 2011 by Editors
Earliest Guidelines in California Program By Eugene Schmuckler; PhD MBA [Certified Trauma Specialist] The impact of medical workplace violence became widely exposed on November 6, 2009 when 39 year old Army psychiatrist Maj. Nidal M. Hasan MD, a 1997 graduate of Virginia Tech University who received a medical doctorate in psychiatry from the Uniformed Services [...]
Filed under: Book Reviews, Ethics, Experts Invited, Healh Law & Policy, Practice Management | Tagged: Eugene Schmuckler, medical workplace violence, Nidal M. Hasan, OSHA, Virginia Tech University | 4 Comments »
Posted on April 5, 2011 by Editors
Please Vote QUERY: Should the Supreme Court decide the future of the Accountable Care Act? 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 [...]
Filed under: Healh Law & Policy, Quality Initiatives, Research & Development, Voting Polls | Tagged: Accountable Care Act, ACO, poll, survey | Leave a Comment »
Posted on April 5, 2011 by Editors
On OTC and Private Transactions By Staff Reporters In most cases, a market maker of a stock in the NASDAQ system must report his trade in 90 seconds, but there is another circumstance in which the trade must be reported. This is called the third market, and is defined as transactions in exchange listed securities [...]
Filed under: Investing | Tagged: fourth market, NASDAQ system, NYSE, OTC, stock market, third market | Leave a Comment »
Posted on April 4, 2011 by Editors
Lessons I Learned in B-School Dr. David Edward Marcinko MBA [Publisher-in-Chief] www.BusinessofMedicalPractice.com Of course, as a doctor, you will spend weeks or months in the “sales and demo cycle” for selecting an EMR. If you’re lucky you will have time to consider all workflows; if you’re even luckier you will test drive the system and [...]
Filed under: Experts Invited, Information Technology, Practice Management | Tagged: david marcinko, EHRs, EMRs, HIT, Shahd Shah, www.BusinessofMedicalPractice.com | 3 Comments »
Posted on April 3, 2011 by Editors
A Primer for the Physician Executive By Dr. David Edward Marcinko MBA [Publisher-in-Chief] Workers’ Compensation is reported to be the largest line of commercial insurance, possibly because it is also a statutory obligation for employers, like doctors, who have common law employees. Workers’ Compensation provides coverage for lost income due to on-the-job accidents or work-related [...]
Filed under: Insurance Matters, Practice Management | Tagged: david marcinko, Workers’ Compensation | Leave a Comment »
Posted on April 2, 2011 by Editors
Informed Writers, Thought-Leaders and Experts Wanted By Ann Miller RN MHA [Executive-Director] Send us your essays, op-ed pieces and /or blogs! Contact us for more information if you are interested in writing a post or becoming a ME-P blogger. Amateurs, journalists and professionals invited. Link: MarcinkoAdvisors@msn.com Subscribe Now: Want to get the latest ME-Ps delivered to your email box each [...]
Filed under: Experts Invited | Tagged: blog, experts, ME-P, Medical Executve-Post | Leave a Comment »
Posted on April 1, 2011 by Editors
Comment Period of Solicitation By Staff Reporters A recent survey of 3,729 family care physicians found that 40.3% considered leaving their primary care practices, with 16.5% reporting that 2010 was the first year they had considered such a career change. M3 Global Research “The poll results are not surprising given the rising financial pressures [...]
Filed under: "Doctors Only", Career Development, Surveys and Voting | Tagged: M3 Global Research, Primary Care Doctorm Satisfaction, Primary Care Doctors | 2 Comments »
Posted on April 1, 2011 by Editors
ADVERTISEMENT Events-Planner: APRIL 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: Alerts Sign-Up, Events-Planner | Tagged: events calendar, Events-Planner | Leave a Comment »
