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CITE: https://www.r2library.com/Resource/Title/082610254
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Filed under: Drugs and Pharma, Health Economics, Health Insurance | Tagged: insulin, insulin cost | 6 Comments »
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7 Best Practices in Reference-Based Pricing Negotiation
By Eric Bricker MD
1) Calculate Extent of Medicare Underpayment
2) Calculate Extent of Medicaid Underpayment
3) Compare Hospital Charity Care to Tax Benefits
4) Threaten to Publish Hospital Prices
5) Publish Email Addresses and Cell Phone Numbers for Hospital Board Members, CEOs and CFOs
6) Have Unions Assist in ‘Persuasion’
7) Threaten to Take Patients to Other States for Free
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Filed under: "Doctors Only", Accounting, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Healthcare Finance, iMBA, Inc., Videos | Tagged: Eric Bricker MD, PODCAST: Reference Based Pricing Negotiation, Reference Based Pricing | Leave a comment »
BY Quinnipiac University
Biostatistics are the development and application of statistical methods to a wide range of topics in biology. It encompasses the design of biological experiments, the collection and analysis of data from those experiments and the interpretation of the results.
The following topics of #biostatistics are discussed in this course
⭐️ Table of Contents ⭐️ 0:00
Module 1 – Introduction to Statistics 29:13 Module 2 – Describing Data: Shape 45:44 Module 3 – Describing Data: Central Tendency 1:03:34 Module 4 – Describing Data: Variability 1:34:51 Module 5 – Describing Data: Z-scores 1:43:25 Module 6 – Probability (part I) 2:09:21 Module 6 – Probability (part II) 2:26:22 Module 7 – Distribution of Sample Means 2:41:24 Module 9 – Estimation & Confidence Intervals & Effect Size 2:56:59 Module 10 – Misleading with Statistics 3:17:43 Module 11 – Biostatistics in Medical Decision-making 4:13:36 Module 11b – Biostatistics in Medical Decision-Making: Clinical Application 4:56:51 Module 12 – Biostatistics in Epidemiology 5:05:16 Module 13 – Asking Questions: Research Study Design 5:10:15 Module 14 – Bias & Confounders 5:39:20 Module 16 – Correlation & Regression 6:06:19 Module 17 – Non-parametric Tests ⭐️
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CITE: https://www.r2library.com/Resource/Title/0826102549
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PODCAST: 0:00
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RISK MANAGEMENT: https://www.routledge.com/Risk-Management-Liability-Insurance-and-Asset-Protection-Strategies-for/Marcinko-Hetico/p/book/9781498725989
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Filed under: "Doctors Only", Experts Invited, Glossary Terms, Health Economics, Healthcare Finance, Risk Management, Videos | Tagged: Bio-statistics, bio-statistics course, mean, median, mode, parametric equations, Quinnipiac University | Leave a comment »
By Health Capital Consultants, LLC
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The End of Amazon Care: A Setback in Amazon’s Healthcare Experiment?
On August 24, 2022, Amazon announced its plans to shut down Amazon Care at the end of 2022. The e-commerce giant determined that Amazon Care, a medical care service it uses internally and sells to employer health plans, was not the “right long-term solution for [Amazon’s] enterprise customers” because it is not a “complete enough offering for the large enterprise customers [Amazon has] been targeting.”
This Health Capital Topics article will discuss the history of Amazon Care and what this move may mean for Amazon’s larger healthcare efforts. (Read more…)
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RELATED: https://thehealthcareblog.com/blog/2022/08/29/amazons-coitus-interruptus-in-or-out/
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Filed under: Alternative Investments, Experts Invited, Health Economics, Healthcare Finance | Tagged: Amazon Care, Health Capital Consultants LLC | Leave a comment »
By Rick Kahler MS CFP® ChFC CCIM http://www.KahlerFinancial.com
Anyone who sent a check to the IRS this month certainly doesn’t need to be convinced that there is a relationship between money and feelings. I can personally attest that paying a hefty tax brings up a great deal of painful emotion.
Unification
The case for the union of money and psychology is overwhelming. Almost everyone experiences fear, sadness, grief, anger, or happiness around money events. Large life events like divorce, death, bankruptcy, losing a job, and selling a home clearly involve money and evoke emotions.
We may be less likely to notice the psychological aspects of smaller money events. Yet even acts like paying monthly bills, buying birthday gifts, or shopping for groceries have an emotional component.
The Research
Researchers like psychologist Daniel Kahneman PhD (who won the Nobel prize in economics) find that 90% of all financial decisions are made emotionally, not logically. Even the seemingly cold and calculating world of investing is driven by emotions. Economic theory is being set on its head as economist are slowly coming to realize that, regarding money, consumers often don’t make rational decisions that are in their best interests.
Yet 18 years after a small group of pioneering financial planners and therapists first met to explore the relationship of emotions and money, the field of financial psychology is still in its infancy. It’s really no wonder.
The Money Side
On the money side of the equation, we have institutions like large brokerage houses, insurance companies, and banks. Like all businesses, they need to be profitable. Any concern these institutions may have about the union of finance and psychology is likely to focus on ways to manipulate customers’ emotions in order to sell more of their goods and services.
The Emotional Side
On the emotional side, psychologists and therapists rarely mention money issues. When they do talk about money, it’s often in the context of their own fees. Their training doesn’t address the idea that both they and their clients may have emotional issues or beliefs around money that could be destructive.
The Gap
This leaves a big gap. In the middle of it are consumers who don’t know how to develop healthier patterns of behavior around money. They may overspend to relieve stress, feel overwhelmed by credit card debt, be unreasonably fearful about financial security, be overly trusting or overly suspicious, or give or lend too much to family members.
Some of these consumers have at least some idea that their destructive financial patterns are psychological. They may realize they need more than financial facts to change those patterns. Yet they may have no idea where to find the help they need.
More:
The Financial Planners
The one group of professionals that is moving to fill that need is client-focused financial planners. Unlike advisors who sell financial products, client-focused financial planners receive no commissions but charge fees for their advice. By law, they must act as fiduciaries and advocates for their clients.
Historically, financial planners have not embraced the notion of money psychology. Obtaining the Certified Financial Planner® designation still requires no formal training even in client communications or conflict resolution. Yet a small but growing group of client-centered financial planners is seeking out training in psychology and communication. A few even partner with financial therapists.
Assessment
The challenge for consumers is how to find these professionals. One source is the Financial Therapy Association, which has a list on its website at http://www.financialtherapyassociation.org.
Gradually, more consumers as well as professionals are realizing that it’s possible to combine financial knowledge and psychology to create more balanced relationships with money. This awareness is sure to increase the demand for financial psychology services. It will be exciting to watch this infant profession as it grows.
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Filed under: Career Development, Ethics | Tagged: Daniel Kahneman, money psychology, rick kahler, www.KahlerFinancial.com | 1 Comment »
The Top Four
[By staff reporters]
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Conclusion
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Filed under: Ethics | Tagged: axiology, Branches of "Philosophy", epistemology, logic, metaphysics | Leave a comment »
By Office of Inspector General and the HHS
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READ REPORT: https://oig.hhs.gov/oei/reports/OEI-09-18-00260.asp
OIG: https://oig.hhs.gov/oei/reports/OEI-09-18-00260.pdf
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BUSINESS MEDICINE: https://www.amazon.com/Business-Medical-Practice-Transformational-Doctors/dp/0826105750/ref=sr_1_9?ie=UTF8&qid=1448163039&sr=8-9&keywords=david+marcinko
HEALTH INSURANCE: https://www.amazon.com/Dictionary-Health-Insurance-Managed-Care/dp/0826149944/ref=sr_1_4?ie=UTF8&s=books&qid=1275315485&sr=1-4
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Filed under: Breaking News, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Healthcare Finance | Tagged: HHS, medicare, Medicare Advantage, medicare advantage investigation, Medicare Part C, OIG, Part C, private medicare | 6 Comments »
By Staff Reporters
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Investors should avoid “distorted markets that have created a lot of damage,” Mohamed El-Erian said.
The economist recommended holding cash and short-term bonds. Unusually, both stocks and bonds have experienced corrections in recent weeks. Stock and bond markets appear “distorted,” meaning it’s high time for investors to tweak their portfolios. El-Erian spoke against a backdrop of falling stock and bond prices in recent weeks, that investors should hold cash and short-term, fixed-income assets.
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The euro dropped below $0.99 for the first time in two decades after Russia halted the flow of natural gas. A surge in the dollar piled pressure on other major currencies, with investors flocking towards the “safe-haven” asset. Analysts expect the euro-zone economy to tip into a recession in the coming months as the energy crisis bites.
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Filed under: Alerts Sign-Up, Experts Invited | Tagged: "Distorted" Markets, "Distorted" Stock Markets, eoro, eoro-zone, Mohamed El-Erian | Leave a comment »
What it is – How it works
By wikipedia
David Edward Marcinko
http://www.HealthDictionarySeries.org
Medication therapy management (MTM) is medical care provided by pharmacists whose aim is to optimize drug therapy and improve therapeutic outcomes for patients.
Eleven national pharmacy organizations adopted this definition in 2004. Medication therapy management includes a broad range of professional activities, including but not limited to performing patient assessment and/or a comprehensive medication review, formulating a medication treatment plan, monitoring efficacy and safety of medication therapy, enhancing medication adherence through patient empowerment and education, and documenting and communicating MTM services to prescribers in order to maintain comprehensive patient care.
Core Elements
Medication therapy management includes five core components: a medication therapy review (MTR), personal medication record (PMR), medication-related action plan (MAP), intervention and/or referral, and documentation and follow-up. A MTR is a systematic process of collecting patient and medication-related information which occurs during the pharmacist-patient encounter.
In addition, the MTR assists in the identification and prioritization of medication-related problems. During the MTM encounter, the pharmacist develops a PMR for use by the patient. The PMR includes all prescription and nonprescription products and requires updating as necessary. After assessing and identifying medication-related problems, the pharmacist develops a patient-specific MAP. The MAP is a list of self-management actions necessary to achieve the patient’s specific health goals.
Moreover, the patient and pharmacist utilize the MAP to record actions and track progress towards health goals. During the MTM session, the pharmacist identifies medication-related problem(s) and determines appropriate intervention(s) for resolution. Often, the pharmacist collaborates with other health care professionals to resolve the identified problem(s). Following the patient encounter and/or intervention, the pharmacist must document his/her encounter and determine appropriate patient follow-up.
Pharmaceutical care defined
Hepler and Strand define pharmaceutical care as the provision of drug therapy in order to achieve definite outcomes that improve a patient’s quality of life. Outcomes include cure of a disease, elimination or reduction of a patient’s symptoms, arresting or slowing of a disease process, and preventing a disease or symptom. The process includes pharmacist collaboration with other health care professionals in designing, implementing, and monitoring a therapeutic plan for a patient. Pharmaceutical care focuses on the pharmacist’s role in achieving therapeutic goals to improve the patient’s quality of life.
MMA of 2003 – Part D
The Medicare Modernization Act of 2003, requires Medicare Part D prescription drug plans to include medication therapy management services delivered by a qualified healthcare professional, including pharmacists, beginning in 2006. MTM services target beneficiaries who have multiple chronic conditions (such as diabetes, asthma, hypertension, hyperlipidemia, and congestive heart failure), take multiple medications, or are likely to incur annual costs above a predetermined level.
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Assessment
Medication therapy management is a unique niche for the pharmacy profession, allowing pharmacists to apply their extensive medication knowledge as medication experts with the intent of improving patient outcomes.
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.
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
Subscribe: MEDICAL EXECUTIVE POST for curated news, essays, opinions and analysis from the public health, economics, finance, marketing, I.T, business and policy management ecosystem.
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Filed under: Drugs and Pharma | Tagged: Medicare Modernization Act of 2003, Medicare Part D, Medication Therapy Management, medication therapy review, MMA, MTM, personal medication record | 10 Comments »
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