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As a medical professional, are you looking for ways to make your practice more profitable and boost your efficiency?

Or, as a financial advisor to doctors, are you looking to develop deeper relationships of knowledge and trust with your physician clients?

We can help!

Well, look no more! We can help. Designed with both advisors and physicians’ needs in mind, the ME-P website is filled with practical advice on the most-requested topics. Join us by subscribing so you can read about practice management and physician focused financial planning, and network with your fellow physicians and FAs. You don’t even have to leave the office!

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  • Fiduciary standards
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  • Medical business models
  • ACA, and so much more!

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Enter the CMPs

Assessment

Get all the benefits of a personal consultant without the hassle and expense of traveling. Subscribe today. Read posts and comment on more than 50 topical channels addressing the hottest topics in medical practice and financial management today.

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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

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[PHYSICIAN FOCUSED FINANCIAL PLANNING AND RISK MANAGEMENT COMPANION TEXTBOOK SET]

  Risk Management, Liability Insurance, and Asset Protection Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical Planners™Comprehensive Financial Planning Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical Planners™

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PODCAST: Suicide Financial Crisis Risk?

By Rick Kahler MS CFP

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I lost over $450,000, I cannot pay the bank, I’ll become homeless. Suicide is the only way out.”

This desperate plea summarizes one of the top posts a few months ago on a Reddit forum for the cryptocurrency Terra Luna. Like other cryptocurrencies, it has recently lost more than 99% of its value.

Over the past five years I have written several columns and given a number of media interviews on the risks of speculating in cryptocurrencies. My most recent one generated a conversation with several of my financial planning peers about the recent crypto meltdown. One of them called my attention to the discussions about suicide on cryptocurrency forums, where some members were posting suicide prevention phone numbers.

READ HERE: https://kahlerfinancial.com/financial-awakenings/money-psychology/financial-crisis-and-the-risk-of-suicide

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ORDER: https://www.routledge.com/Comprehensive-Financial-Planning-Strategies-for-Doctors-and-Advisors-Best/Marcinko-Hetico/p/book/9781482240283

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Medical Workplace Violence Prevention Guidelines

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Earliest Guidelines in California Program

By Eugene Schmuckler; PhD MBA MEd CTS

By Dr. David E. Marcinko MBA

UPDATE

At least 5 people are dead and multiple people are injured following a shooting at the Natalie Building at St. Francis Hospital in Tulsa, Oklahoma.

Link: https://apnews.com/article/tulsa-oklahoma-c29a239d1c2ac7f7f0bfdc161b72f6f2

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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 University of the Health Sciences in Bethesda, Maryland, and served as an intern, resident and fellow at the Walter Reed Army Medical Center in the District of Columbia, went on a savage 100 round shooting spree and rampage that killed 13 people and injured 32 others. In April 2010 he was transferred to Bell County Jail in Belton, Texas awaiting trial.

Federal Government Guidelines

The federal government and some states have developed guidelines to assist employers with workplace violence prevention. For instance, one of the earliest sets of guidelines for a comprehensive workplace violence prevention program was published in 1993 by California OSHA. This resulted from the murder of a state employee. In 1996, Guidelines for Preventing Workplace Violence for Healthcare and Social Service Workers was published by OSHA.

Book Link:  www.BusinessofMedicalPractice.com

OSHA Guidelines

In its guidelines, OSHA sets forth the following essential elements for developing a violence prevention program:

  • Management commitment — as seen by high-level management involvement and support for a written workplace violence prevention policy and its implementation.
  • Meaningful employee involvement — in policy development, joint management-worker violence prevention committees, post-assault counseling and debriefing, and follow-up are all critical program components.
  • Worksite analysis — includes regular walk-through surveys of all patient care areas and the collection and review of all reports of worker assault. A successful job hazard analysis must include strategies and policies for encouraging the reporting of all incidents of workplace violence, including verbal threats that do not result in physical injury.
  • Hazard prevention and control — includes the installation and maintenance of alarm systems in high-risk areas. It may also include the training and posting of security personnel in emergency departments. Adequate staffing is an essential hazard prevention measure, as is adequate lighting and control of access to staff offices and secluded work areas.
  • Pre-placement and periodic training and education — must include educationally appropriate information regarding the risk factors for violence in the healthcare environment and control measures available to prevent violent incidents. Training should include skills in aggressive behavior identification and management, especially for staff working in the mental health and emergency departments.

On May 17, 1999, Governor Gary Locke signed the New Workplace Violence Prevention Act for the state of Washington. This act mandates that each healthcare setting in the state implement a plan to reasonably prevent and protect employees from violence.

New Washington Workplace Violence Prevention Act

According to this act, prevention plans need to address security considerations related to:

  • physical attributes of the healthcare setting;
  • staffing, including security staffing;
  • personnel policies;
  • first aid and emergency procedures;
  • reporting of violent acts; and
  • employee education and training.

Prior to the development of an actual plan, a security and safety assessment needs to be conducted to identify existing or potential hazards. The training component of the plan must include the following topics:

  • general safety procedures;
  • personal safety procedures;
  • the violence escalation cycle;
  • violence-predicting factors;
  • means of obtaining a patient history form from a patient with violent behavior;
  • strategies to avoid physical harm;
  • restraining techniques;
  • appropriate use of medications as chemical restraints;
  • documenting and reporting incidents;
  • the process whereby employees affected by a violent act may debrief;
  •  any resources available to employee for coping with violence; and
  • the healthcare setting’s workplace violence prevention plan.

Assessment

The act further mandates that any hospital operated and maintained by the State of Washington for the care of the mentally ill is required to provide violence prevention training to affected employees identified in the plan on a regular basis and prior.

Front Matter: Front Matter BoMP – 3 

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

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Reach the Executive Decision-Makers!

If you want the opportunity to reach a personalized weekly audience of health care industry insiders, innovators and watchers, the Medical Executive-Post and its educational forums may be right for you?

We are discussed, read and viewed by medical students, physicians, dentists, podiatrists, optometrists and industry analysts; as well as health care administrators, office managers, CXOs, investors, Wall Street insiders and nurse-executives from many health systems in the country. Advertise with us and you’ll put your brand in front of a smart & tightly focused demographic; one at the forefront of our emerging healthcare marketplace of collaboratively informed and professional “movers and shakers.”

Why Advertise with Us?

America‘s medical professionals, practice management consultants and physician focused financial advisors are gravitating to the Internet for informational needs on the healthcare industrial complex. And, since no media currently satisfies their unique personal needs as busy and overburdened professionals, our fundamental mission will be to serve as the interactive business, economic, educational and personal social communication forum for medical professions and related industry participants.

We feature tips, tools, essays, interview, blog comments and other innovative thought-leadership ideas and resources In this day and age of over-saturated information and promotion, our timely and useful web site presents a distinctive opportunity for marketers to make a meaningful connection with busy doctors and al their consulting advisors.  And, clearly, there’s a need for a personal, fast-paced, relevant, protean and practical business resource for all medical professionals.  

For example, according to a 2012 Physicians’ Financial News survey of 650 doctors:

· 86% go online “every day or week” for business information

· 85% are “interested” in a new business web site for themselves

· 70% are “worried” about their medical business. 

According to recent studies from two leading health care research companies Manhattan Research and PERQ/HCI

· 86% of physicians want news and professional links on a web portal

· 80% “always or sometimes” notice online ads

· 78% use the Internet for professional purposes

· 76% want product and treatment updates delivered by e-detailing

· 64% get e-newsletters

· 60 want blogs from “key opinion leaders.”

· 53% spend more than 15 minutes during an Internet visit.

What the Marketing Experts Say

Most marketing experts agree that correct ad placement is important for building exposure for your brand, product or web site. Placing your targeted link in a prominent location on the Medical Executive Post sidebar is therefore vital.

A limited number of spots are available so act quickly to reserve your place, for TODAY AND TOMORROW! 

And, our Medical Executive Post syndicated news feeds go out almost daily to a large audience of senior healthcare administrators and physician-executive readers … and we are growing!

So, catch the eye of some of the smartest people in the health care industry including observers, investors, big pharma, IT executives, CEOs, CFOs, pundits and financial managers – all at the top health care systems, clinics, ASCs, hospitals and physician group practices in the country. And, advertise on the Medical Executive-Post. 

Of course, we are also happy to work with you to create a specialized content section or other innovative promotional package emphasizing your brand and targeting a specific health sector, too.

Sign-up Bonus: The first month is free to qualified individuals and entities. Contact us for details.

Risk Management, Liability Insurance, and Asset Protection Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical Planners™8Comprehensive Financial Planning Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical Planners™

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Legal Disclaimer:By using the Medical Executive-Post web site, services and discussion groups, you signify acceptance of our Privacy olicy and Terms of Use(r) Agreement. We do not endorse any company/group/website or individual, we perform no background checks or due perform diligence on anyone listing a job or responding to a job posting, we are not liable for any misuse of our services or misrepresentation by our users. You also agree to hold the Medical Executive Post, and iMBA, Inc and its officers or representatives harmless.

FURTHERMORE, WE ARE NOT LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

If you do not agree to this policy, please do not use our site or services. Your continued use of this site, services and discussion groups following the posting of changes to these terms will mean that you accept those changes. We reserve the right to remove any posting(s) at any time and for any reason. You may not solicit, email or contact Post members without their permission.

Finally the ME-P reserves the right to change the information on this website without notice. We make no representations about the accuracy or completeness of the information on this website or that material available from this site is free of viruses.

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PODCAST: Fractional Reserve Banking

By Staff Reporters

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Fractional reserve banking is a system in which only a fraction of bank deposits are backed by actual cash on hand and available for withdrawal. This is done to theoretically expand the economy by freeing capital for lending. Today, most economies’ financial systems use fractional reserve banking.

CITE: https://www.r2library.com/Resource/Title/082610254

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LINK: https://www.youtube.com/watch?v=gd8B-zrMSYk

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COMMENTS APPRECIATED

THANK YOU

***

ORDER: https://www.routledge.com/Comprehensive-Financial-Planning-Strategies-for-Doctors-and-Advisors-Best/Marcinko-Hetico/p/book/9781482240283

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“Neutral-Site” and Out-Patient Medical Payments

Neutral-Site and Out-Patient Medical Payments

[By Staff Reporters]

The Medicare program currently pays significantly different rates for services provided in different settings, and site-neutral payments have been considered as one way of eliminating the payment gap.

However, that option has proven to be a contentious issue.

Here are 25 things to know about site-neutral payments

LINK: https://www.beckershospitalreview.com/finance/25-things-to-know-about-site-neutral-payments.html

MORE: https://www.healthcarefinancenews.com/news/cms-finalizes-site-neutral-payment-rule

Assessment: Your thoughts are appreciated

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

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