Dr. David Edward Marcinko FACFAS MBA CMP™
[Former - Certified Physician in Healthcare Quality]
[Former - Certified Financial Planner]
www.CertifiedMedicalPlanner.org
[Publisher-in-Chief]
THINK TWICE!
Doctor’s Orders
Life Corollaries:
Marcinko’s Rx for Obesity: Eat less – Exercise more – Avoid noxious lifestyles.
Marcinko’s Rx for Practice Success: Treat sick patients – Be humble – Keep faith.
Marcinko’s Rx for Financial Success: Spend less – Earn more – Be a fiduciary.
Marcinko’s Rx for Wealth & Happiness: Don’t divorce – Love kids – Practice philanthropy.
Professional Medical Corollary:
The Choosing Wisely® list, which is aimed at cutting down on unnecessary testing by doctors and patients.
Assessment
I am not an oracle. What else can you ad to the list?
Conclusion
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.
Link: http://feeds.feedburner.com/HealthcareFinancialsthePostForcxos
Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com
Our Other Print Books and Related Information Sources:
Health Dictionary Series: http://www.springerpub.com/Search/marcinko
Practice Management: http://www.springerpub.com/product/9780826105752
Physician Financial Planning: http://www.jbpub.com/catalog/0763745790
Medical Risk Management: http://www.jbpub.com/catalog/9780763733421
Hospitals: http://www.crcpress.com/product/isbn/9781439879900
Physician Advisors: www.CertifiedMedicalPlanner.org
Filed under: CMP Program, Ethics, Health Economics, Practice Management, Quality Initiatives Tagged: | Choosing Wisely®, Dr. David Edward Marcinko MBA, healthcare costs, medical errors, medical quality, www.CertifiedfMedicalPlanner.org
Do you really believe 83% of docs are considering quitting?
Dr. Marcinko – We were going to ignore this, at our medical clinic, but all are talking about it.
Eighty-three percent of American physicians have considered leaving their practices over President Barack Obama’s health care reform law, according to a survey released by the Doctor Patient Medical Association.
http://theincidentaleconomist.com/wordpress/do-you-really-believe-83-of-docs-are-considering-quitting/
Clinic Doctors
Why Can’t Medicine Seem to Fix Simple Mistakes?
The death of 12-year old Rory Staunton from septic shock prompted NYU’s Langone Medical Center to revamp its emergency room procedures to address a startling lapse.
http://www.propublica.org/article/why-cant-medicine-seem-to-fix-simple-mistakes
History shows that the profession is unlikely to learn from this mistake.
Book well done; David. Trust it helps.
Dr. Randall
Hospitals & Healthcare Organizations: Management Strategies, Operational Techniques, Tools, Templates and Case Studies
Rival Views to Control Health Care Costs
Dr. Marcinko – Two articles in the New England Journal of Medicine show how far apart Democrats and Republicans stand on the question of what to do about rising healthcare costs.
http://www.medscape.com/viewarticle/768521
Sam
A Focus on Imaging
[The Right Scan at the Right Time]
Geri Aston writes that since implementing a new system to better control utilization of imaging services, Partners HealthCare System has slowed annual growth for both CT and MRI from 12 percent to 1 percent and 7 percent, respectively, despite increasing patient volumes.
The Boston-based health care system is part of a growing movement to ensure that patients are getting the right scan at the right time. To a large degree, the trend is being driven by payers who are trying to control costs and weed out what they see as unneeded scans. Concerns have also been raised about radiation dosing and patient safety.
http://www.hhnmag.com/hhnmag/jsp/articledisplay.jsp?dcrpath=HHNMAG/Article/data/04APR2010/1004HHN_FEA_ClinicalManagement&domain=HHNMAG
My definition of medical quality: reasonable diagnosis, right intervention, right time, right venue, right price, right patient and right provider.
If pursued, cost reductions follow naturally.
This is a classic B-school mantra.
Dr. David Edward Marcinko MBA CMP™
http://www.CertifiedMedicalPlanner.org
IOM study finds 30 percent waste in health spending
The U.S. healthcare system has long been laden with growing inefficiencies, heightened costs and increasing complexities, all of which have stymied industry progress, according to a new Institute of Medicine report.
http://www.physbiztech.com/news/iom-report-aims-treat-ailing-healthcare-system-new-industry-tactics?email=MARCINKOADVISORS@MSN.COM&GroupID=90115
Ann Miller RN MHA
How You Can Help ProPublica Investigate Health Care Quality
Be part of the patient safety conversation, get regular updates and share stories or views.
http://www.propublica.org/article/how-you-can-help-propublica-investigate-health-care-quality
Ann Miller RN MHA
Ten (or more) ways to improve health system efficiency
The Commonwealth Fund offers ten ways to improve the health system, here:
http://www.commonwealthfund.org/Publications/Fund-Reports/2013/Jan/Confronting-Costs.aspx
And, The Institute of Medicine offers its set of ten, here:
http://www.iom.edu/~/media/Files/Report%20Files/2012/Best-Care/Best%20Care%20at%20Lower%20Cost_Recs.pdf
Ann Miller RN MHA
7 massive problems with our health care system
Health care is bankrupting the country, and there’s little we can do about it. Here’s what caused this crisis, according to the author Kim Peterson.
http://money.msn.com/now/post.aspx?post=28a18004-2ed4-434d-b7cf-3728f3491ff0
A $21,000 bill for heartburn?
Ann Miller RN MHA
Fee Data Puts Brakes on Docs’ Test Orders: Study
It has long been an article of faith among certain healthcare reformers that soaring national healthcare costs can be constrained by making patients more aware of the cost of their own episodes of care. Price awareness by physicians could have similar effects, according to a team of researchers from the Johns Hopkins University School of Medicine, reporting in a six-page article in the online edition of JAMA Internal Medicine.
Their work, “Impact of Providing Fee Data on Laboratory Test Ordering: A Controlled Clinical Trial,” shows that presenting lab test costs to providers at the time the tests are ordered resulted in “a modest decrease” in test orders and costs. “Adoption of this intervention may reduce the number of inappropriately ordered diagnostic tests.”
Joseph Conn, Modern Healthcare [4/15/13]
Trading for healthcare services?
A growing number of small businesses are turning to bartering to get healthcare services they otherwise couldn’t afford.
http://www.healthcarefinancenews.com/news/trading-healthcare-services?topic=05,22
It’s a strategy that also offers benefits for the healthcare businesses providing the services.
Zena