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    Dr. Marcinko is originally from Loyola University MD, Temple University in Philadelphia and the Milton S. Hershey Medical Center in PA; as well as Oglethorpe University and Emory University in Georgia, the Atlanta Hospital & Medical Center; Kellogg-Keller Graduate School of Business and Management in Chicago, and the Aachen City University Hospital, Koln-Germany. He became one of the most innovative global thought leaders in medical business entrepreneurship today by leveraging and adding value with strategies to grow revenues and EBITDA while reducing non-essential expenditures and improving dated operational in-efficiencies.

    Professor David Marcinko was a board certified surgical fellow, hospital medical staff President, public and population health advocate, and Chief Executive & Education Officer with more than 425 published papers; 5,150 op-ed pieces and over 135+ domestic / international presentations to his credit; including the top ten [10] biggest drug, DME and pharmaceutical companies and financial services firms in the nation. He is also a best-selling Amazon author with 30 published academic text books in four languages [National Institute of Health, Library of Congress and Library of Medicine].

    Dr. David E. Marcinko is past Editor-in-Chief of the prestigious “Journal of Health Care Finance”, and a former Certified Financial Planner® who was named “Health Economist of the Year” in 2010. He is a Federal and State court approved expert witness featured in hundreds of peer reviewed medical, business, economics trade journals and publications [AMA, ADA, APMA, AAOS, Physicians Practice, Investment Advisor, Physician’s Money Digest and MD News] etc.

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Concierge Medicine and Anti-Aging Enthusiasts

A Few Wrinkles in a New Medical Specialty

Staff Writers

For thousands of years, magicians, alchemists, even a few fringe medical practitioners have fueled an unbounded optimism that we can blunt the ravages of time, stay younger for longer, maybe even defeat death itself.

Their pitches have usually hinged on some drug, food or device — everything from electricity to yogurt to surgically installing the gonads of animals into our own bodies — that will slow or reverse the aging process.

And, every decade or so, “anti-aging” promoters grasp onto news coming out of research labs and trumpet those developments as the answer we have all been awaiting.

Conclusion

And so, mainstream docs are joining the concierge anti-aging bandwagon in droves. But, with MD endorsements, is the field really a medical specialty at all, and is it more credible or just more risky? Please decide, opine and comment?

Read more: http://www.msnbc.msn.com/id/23358964

Practice Mgmt: http://www.springerpub.com/prod.aspx?prod_id=23759

Financial Planning: http://www.jbpub.com/catalog/0763745790

Risk Management: http://www.jbpub.com/catalog/9780763733421

Hospitals: www.HealthcareFinancials.com

Terms: www.HealthDictionarySeries.com

 

 

Bad Medical Debt Expense Crunch

More Patients Fiscally Solvent?

[By Staff Writers]

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First there was the housing and credit crunch for us all, and now there is the bad medical debt expense [BMDE] crunch for the healthcare industry.

As a medical professional, if you are struggling to manage your personal, or practice bad debt load – you’re not alone. But, some of the pain may not be necessary.

The Telagent Study

According to a new study, a good percentage of the self-pay accounts receivable [ARs] write-offs, of hospitals and/or private concierge medical practices could have possibly been collected if those entities tightened their initial financial screening procedures.

The study, which was done by Nashville, TN-based vendor Telagent, analyzed receivables between 90 and 180 days old from January 2007 to January 2008. They drew the records from 40 providers, some of which were existing clients.

Researcher Findings

Researchers found that 30 percent of the self-pay accounts were written off as bad medical debt expenses [BMDEs] because patient’s incomes and net worths weren’t obtained or verified.

However, when Telagent did the research, it found that more than 16 percent of the patients being studied could be classified as having high income and/or high net worth, while another 33 percent had moderate household income or net worth.

And so, Telagent suggested that all of these accounts could have been re-billed or outsourced to collections. Meanwhile, another 17 percent of written-off accounts might have qualified for government assistance or charity care programs, the vendor reported.

Assessment

And so, please contact a credit repair specialist, financial advisor or medical practice management expert if you experience this type of personal, practice or corporate credit crunch. Of course, we always encourage you to seek counsel as lack of retaining same may mitigate against you when pursuing legal patient claims in your court of judiciary venue.

Conclusion

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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

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Locum Tenens Physicians

Alternative Employment Opportunities for Physicians

By Dr. David E. Marcinko; MBA, CMP™

[Publisher-in-Chief]

Dr. Marcinko in New YorkLocum Tenens (LT) is an alternative to full-time employment for most specialties.

Some younger physicians enjoy the travel, while mature physicians like to practice at their leisure. Employment factors to consider include: firm reputation, malpractice insurance, credentialing, travel and relocation expenses (which are all negotiable).

However, a Locum Tenens firm typically will not cover taxes. 

Locum Tenens Compensation

[per 8 hour specialty shift]

 

CRNA

$720 to $880

Family Practice

$400 to $450

Internal Medicine

$400 to $450

Pediatrics

$400 to $430

OB/GYN

$600 to $800

Hospitalist

$520 to $760

General Surgeon

$650 to $750

Orthopedic Surgeon

$800 to $900

Neurosurgeon

$1,300 to $1,400

Anesthesiologist

$1,000 to $1,500

Psychiatrist

$500 to $600

Radiologist

$1,200 to $1,500

Cardiologist

$600 to $750

Source: LocumTenens.com

 

Conclusion

Has anyone used this medical practice employment model; please comment and opine?

Practice Mgmt: http://www.springerpub.com/prod.aspx?prod_id=23759

Financial Planning: http://www.jbpub.com/catalog/0763745790

Risk Management: http://www.jbpub.com/catalog/9780763733421

Speaker: If you need a moderator or a speaker for an upcoming event, Dr. David Edward Marcinko; MBA – Editor and Publisher-in-Chief – is available for speaking engagements. Contact him at: MarcinkoAdvisors@msn.com

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