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Filed under: "Doctors Only", Career Development, Experts Invited, Health Economics, Healthcare Finance, Videos | Tagged: cash based medicine, concierge medicine, direct pay medicine, Direct Primary Care, DPC, DPC medicine, Eric Bricker MD, retainer medicine | Leave a comment »
Marshall Allen Has a New Healthcare Book Out Called “Never Pay the First Bill.”
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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
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Filed under: Book Reviews, Experts Invited, Health Economics, Health Insurance, Health Law & Policy, Healthcare Finance, iMBA, Inc., Op-Editorials | Tagged: Eric Bricker MD, healthcare bills, Marshall Allen, medical bills, Never Pay Your First Medical Bill? | Leave a comment »
By Staff Reporters
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The Mark Cuban Cost Plus Drug Company is teaming up with EmsanaRx, a pharmacy benefit manager (PBM) focused on employer plans, to make lower-cost prescription drugs more accessible to patients through their employers. The program, EmsanaRx Plus, is described as “a standalone pipeline” for employers to supply drugs to employees through Cost Plus Drugs, an online pharmacy that offers more than 1,000 of the most in-demand generic medications at significantly marked-down prices.
And, according to Bloomberg, US lawmakers are aiming to make regional Federal Reserve banks comply with public record requests after a string of scandals in the central bank system. Massachusetts Democrat Elizabeth Warren and Pennsylvania Republican Patrick Toomey plan to propose legislation to subject the regional branches to congressional information requests under the Freedom of Information Act.
Finally, insiders and other media have identified numerous US lawmakers not complying with the federal STOCK Act. Their excuses range from oversights, to clerical errors, to inattentive accountants. Congress is now considering banning lawmakers from trading individual stocks.
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CITE: https://www.r2library.com/Resource/Title/082610254
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Filed under: Alerts Sign-Up, Glossary Terms, Health Economics, Healthcare Finance | Tagged: congress, Cuban, Federal Reserve, FOMC, Mark Cuban, Stock Act | Leave a comment »
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Greater than 90% of Medicare Beneficiaries Are Satisfied with Their Care
By Eric Bricker MD
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CITE: https://www.r2library.com/Resource/Title/0826102549
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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
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Filed under: "Advisors Only", Experts Invited, Glossary Terms, Health Economics, Health Insurance, Healthcare Finance, LifeStyle, Op-Editorials, Practice Management, Quality Initiatives | Tagged: Eric Bricker MD, medicare, Medicare Advantage, Medicare Part C, Medicare Trust Fund, seniors health care, traditional medicare | Leave a comment »
THE RESULTS ARE IN
By Staff Reporters
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Investment portfolios owned by individual investors have lost a combined $350 billion this year, Bloomberg reports. The average retail trader’s portfolio is down 30% in 2022, compared to the S&P’s 17% loss, per Vanda Research. Some estimates put the damage as even worse than that: JPMorgan calculates that retail traders are down 38% this year.
As they’ve watched their portfolios crumble further than SBF’s credibility, these traders aren’t trading nearly as much as they did during peak Covid.
Individual investors piled into a specific set of stocks during the height of the pandemic, and those stocks in particular are getting rocked by shifting trends and the Fed’s rate hikes. Just consider that Tesla, by itself, accounts for ~10% of the average active retail trader’s portfolio. So as the stock plunged ~55% this year, it wiped out $78 billion in value for retail investors, per Vanda.
As for meme stocks?
Good luck trying to send a struggling company to the moon these days. GameStop is down nearly 41% this year, and after its dud of an earnings report this week one analyst wrote that “GameStop’s turnaround plan has proven fruitless so far,” specifically citing the poor performance of its NFT marketplace.
CITE: https://www.r2library.com/Resource/Title/082610254
And so, with retail traders riding the bench during the market downturn, the companies that rely on them for revenue are having to switch up their tactics. This week, according to Neal Freyman of Morning Brew, Robinhood introduced retirement accounts (traditional or Roth IRAs) with a 1% match to lure back users. It may not be a flashy product, but as investors who got burned this year have realized, there are worse things than being boring.
WHAT ABOUT PHYSICIAN INVESTORS?
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Filed under: "Ask-an-Advisor", "Doctors Only", Health Economics, Investing, Risk Management | Tagged: Individual Investors, Investment Portfolios?, Investment [Financial] Portfolios, portfolios | Leave a comment »
By Staff Reporters
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As technology continues to rapidly evolve, a corresponding transformation in the healthcare industry is occurring. One of the most significant changes is the shift from traditional healthcare to healthcare consumerism. Patients now have more information available to them than ever before, and they are using this information to make more informed healthcare decisions. Patients are no longer passively accepting the care that is provided to them.
CITE: https://www.r2library.com/Resource/Title/082610254
Instead, they are actively choosing the care that they receive, and are more selective about the providers that they use. As a result, healthcare providers must now focus on providing a better patient experience to attract and retain patients.
Source: Hari Prasad, Physicians Practice [12/8/22]
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Filed under: "Doctors Only", Career Development, Health Economics, Health Insurance, Practice Management | Tagged: CONSUMERISM, healthcare, healthcare consumerism | Leave a comment »
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