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VERSUS A BANANA
By staff reporters
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Assessment: Your thoughts are appreciated.
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS
THANK YOU
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Filed under: iMBA, Inc. | Tagged: MRIs, x rays; CT scans | Leave a comment »
Two Well Known But Doubtful Economic Theories
Courtesy: www.CertifiedMedicalPlanner.org
[By Staff Reporters]
1 – RATIONAL EXPECTATIONS state that one will conform to what can logically be expected in the future. That is, a person will invest, save or spend according to what s/he rationally believes will happen in the future. An investor thinks a stock is going to go up, and by buying it, this act actually causes the stock to go up.
LINK: https://www.springerpub.com/dictionary-of-health-economics-and-finance-9780826102546.html
DOUBT: An investor notices that a stock is undervalued, buys it, and watches as other investors notice the same thing, thus pushing the price up to its proper market value. This creates a self-fulfilling prophecy that helps bring about the future event. So, RE can be changed to explain everything, but it tells us nothing.
2 – ADAPTIVE EXPECTATIONS suggest that people form their expectations about what will happen in the future based on what has happened in the past.
DOUBT: Past data is only one of many factors that influence future behavior. In the financial world, change is the only true constant.
ESSAY: https://medicalexecutivepost.com/2013/04/24/more-on-money-psychology/
ESSAY: https://medicalexecutivepost.com/2014/08/08/on-financial-psychology-and-money-scripts/
ASSESSMENT: Your thoughts and comments are appreciated.
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS
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THANK YOU
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Filed under: Glossary Terms | Tagged: Adaptive Expectations, Economic Psychology, financial psychology, Rational Expectations | Leave a comment »
THE “SIREN CALL” OF MEDICAL PRACTICE PRIOR AUTHORIZATONS
Courtesy: www.CertifiedMedicalPlanner.org
“The Doctor Can’t See You – She’s Too Busy Doing Prior Authorizations.”
By Dr. David Edward Marcinko MBA
Somewhere along the way, physicians took a wrong step. Colleagues said OK to the SERPENT who whispered: “this saves money,” and now we’re entangled. We should’ve asked, “Whose money?”
PRIOR AUTHORIZATIONS for medical treatment and prescription drug are killing medicine and all those who would follow into this once great profession.
And so, here is an excerpt [blinded and abbreviated] from an email we received from a medical physician colleague.
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DOCTOR: For every hour that I spend with a patient, I spend another three hours documenting and begging.
TYPICAL DAY: 4 hours of seeing patients, sprinkled between 12 hours of doing what we used to call “paperwork”.
EMRs: Calling it Electronic Medical Records and data collection doesn’t make this nonsense any more appealing.
ASSESSMENT: Patients get turned away because PCPs are too busy with paperwork. People are sick and dying while I’m calling clerks and pleading for RXs. I’d rather be doctoring.
BOTTOM LINE: 1/5 of my day, over 12 hours a week as a PCP, is now spent on prior authorizations. 1/3 of my assistant’s day is on prior authorizations. That’s why he couldn’t call you back.
CONCLUSION: Next time you can’t get a doctor’s appointment, you’ll know why.
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Assessment: Your thoughts and comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS
THANK YOU
***
Filed under: Drugs and Pharma, Glossary Terms | Tagged: prior medical authorizations | 3 Comments »
Only a Matter of Time for Some Greedy Physicians?
Courtesy: http://www.CertifiedMedicalPlanner.org
By Dr. David E. Marcinko MBA
Balance Billing [Surprise] is a medical invoice from an out-of-network provider for the difference between the total cost of services being charged and the amount the insurance pays.
And, we warned about it more than a decade ago.
ESSAY: https://medicalexecutivepost.com/2008/09/17/balance-billing-conundrum/
Now, it has become a huge with doctors who are not subject to the rates or terms of providers in-network.
But, we may be slowing making progress against this nefarious practice.
Unfortunately, the Corona Pandemic may have simultaneously exposed a new wrinkle in the conundrum.
LINK: https://www.springerpub.com/dictionary-of-health-economics-and-finance-9780826102546.html
QUERY: Have we now arrived in the digital pandemic age with “virtual” balance billing?
ASSESSMENT: Your thoughts and comments are appreciated.
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BUSINESS, FINANCE AND INSURANCE TEXTS FOR DOCTORS
THANK YOU
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Filed under: Health Economics, Health Insurance | Tagged: balance-billing, Surprise billing | 1 Comment »
On “Balance Billing”
By Ryan Woody Ryan
Shareholder at Matthiesen, Wickert & Lehrer, S.C.
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ASSESSMENT: Your thoughts are appreciated.
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Filed under: Experts Invited, Health Insurance, Healthcare Finance | Tagged: balance-billing, Ryan Woody Ryan, Surprise billing | Leave a comment »
WILL THE CORONA VIRUS PANDEMIC DECIMATE THE L.T.C.I. INDUSTRY?
Courtesy: https://lnkd.in/eBf-4vY
By Dr. David E. Marcinko MBA
I admit that I held a state insurance license.
LINK: https://lnkd.in/e9AmEhd
A 22 minute computer test was the barrier to entry. There aren’t many with both medical and insurance licenses; and even fewer who actually practiced inside a [skilled] nursing home, long term care facility or geriatric hospital; etc.
ESSAY: https://lnkd.in/ebJPN3V
EESSAY: https://lnkd.in/gMZP-T9
Of course, agents sell policies but doctors treat patients. And, most Long Term Care Insurance policies are sold; not bought. I would not want to live in such a facility.
ESSAY: https://lnkd.in/etQwcP6
ESSAY: https://lnkd.in/eCBuPeq
ESSAY: https://lnkd.in/eKCFAhG
My combined experience led me to advocate for the age-in-place movement; despite the exploding aging population.
ESSAY: https://lnkd.in/eK54jfq
ESSAY: https://lnkd.in/eFzDUju
ESSAY: https://lnkd.in/gMyFFVz
QUERY: Has the recent pandemic exposed the structural weakness endemic to our LTC system and made institutional out breaks more deadly?
LINK: https://lnkd.in/eR8KeQt
LINK: https://lnkd.in/eqkneqq
Assessment: Any thoughts or comments?
BUSINESS, FINANCE AND INSURANCE TEXTS
1 – https://lnkd.in/ebWtzGg
2 – https://lnkd.in/ezkQMfR
3 – https://lnkd.in/ewJPTJs
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Filed under: Glossary Terms, Health Insurance | Tagged: Covid-19, long term care insurance, LTCI, WILL THE CORONA VIRUS PANDEMIC DECIMATE THE L.T.C.I. INDUSTRY? | Leave a comment »
Spending Outpaces Inpatient Hospital Spending
CIRCA: 2018-2019
By Staff Reporters
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Filed under: Drugs and Pharma | Tagged: Non-Acute Pharmaceutical Spending, Pharmaceutical Spending | Leave a comment »
Our COVID-19 Heroes
[By staff reporters]
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Assessment: Your thoughts are appreciated.
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Filed under: "Doctors Only", Quality Initiatives | Tagged: Covid-19, nurses, pandemics, RNs | Leave a comment »
COVID-19 Financial Relief Available to Hospitals and Physicians
By Health Capital Consultants, LLC
The COVID-19 global pandemic has brought a time of grave uncertainty for U.S. healthcare and the greater economy.
While the focus of healthcare providers is, appropriately, on the access and delivery of care to those impacted by the COVID-19 outbreak, there are many providers who will require financial resources to persevere during a time when all sectors of the U.S economy are being significantly impacted.
The federal government has announced a myriad of programs in the form of grants and loans to reimburse hospitals and physicians for some expenses and loss of revenue. (Read more…)
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Assessment: Your thoughts are appreciated.
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Filed under: Experts Invited, Health Economics, Health Insurance, Healthcare Finance | Tagged: COVID-19 Financial Relief Available to Hospitals and Physicians, Health Capital Consultants | 2 Comments »
How Will COVID-19 Change Healthcare Delivery?
By Health Capital Consultants, LLC
Spurred by how unprepared the American healthcare system was for a pandemic, the current COVID-19 emergency may present the conditions necessary to commence a healthcare delivery model paradigm shift.
In response to the public health emergency, the federal government, which has a record of reducing regulatory “burdens” under the Trump Administration, has taken aggressive actions to create regulatory flexibilities for healthcare providers and suppliers.
At least some of the various actions taken to reduce provider burden as they treat COVID-19 patients are likely to stay intact following the end of this pandemic, potentially revising the fundamental tenets of U.S. healthcare delivery. (Read more…)
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Assessment: Your thoughts are appreciated.
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Filed under: Experts Invited, Health Economics, Health Insurance, Healthcare Finance | Tagged: Health Capital Consultants, How Will COVID-19 Change Healthcare Delivery?, LLC | Leave a comment »
Filed under: Experts Invited, Investing, Videos | Tagged: Dan Timotic CFA, Stock Market Insights for May 2020, stock markets | Leave a comment »
Why SDOH?
[By MCOL.com and staff reporters]
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Filed under: Glossary Terms, Health Economics, LifeStyle, Quality Initiatives | Tagged: SDOH, Social Determinants of Health | Leave a comment »
Filed under: Experts Invited, Investing, Videos | Tagged: Berkshire Hathaway Annual Meeting 2020, Vitaliy Katsenelson CFA | 1 Comment »
More Infections?
[By staff reporters]
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LINK: https://thehealthcareblog.com/blog/2020/05/05/the-problem-with-herd-immunity-as-a-covid-19-strategy/
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Assessment: Your thoughts are appreciated
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Filed under: iMBA, Inc. | 1 Comment »
The Law of Un-Intended [Pandemic] Health Consequences
Courtesy: http://www.CertifiedMedicalPlanner.org
By Dr. David E. Marcinko MBA
The Cobra Effect attempts to solve a problem that makes that problem worse.
The effect comes from an Indian story about a city infested with snakes offering a bounty for every dead cobra, which caused entrepreneurs to start breeding cobras for slaughter.
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QUERY: Now; what about the PPP, the CARES Act, PPE and related Corona Pandemic consequences; etc?
Assessment: Your thoughts and comments are appreciated.
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BUSINESS, FINANCE AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
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Filed under: Health Economics | Tagged: cobra effect, corona virus | Leave a comment »
January – March 2020
[By staff reporters]
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Assessment: Your thoughts are appreciated.
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Filed under: Glossary Terms, Health Insurance, LifeStyle | Tagged: cause of death, Global Deaths, Leading Cause Death | Leave a comment »
CIRCA: 2016
[By staff reporters]
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RECALL: These conditions represent co-morbidities for the Corona Virus pandemic; as well.
Assessment: Your thoughts are appreciated.
FOR PHYSICIAN-EXECUTIVES AND MEDICAL CXOs:
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Filed under: Health Economics, Health Insurance, Healthcare Finance | Tagged: Costliest Healthcare Conditions, www.MCOL.com | Leave a comment »
Moral Suasion, Investing and the Corona Pandemic
Courtesy: http://www.CertifiedMedicalPlanner.org
By Dr. David E. Marcinko MBA
People will believe anything if enough people tell them it’s true.
This thought comes from a Chinese proverb that if one person tells you there’s a tiger roaming around your neighborhood, you can assume they’re lying.
LINK: https://www.springerpub.com/dictionary-of-health-economics-and-finance-9780826102546.html
If two people tell you, you begin to wonder. If three say it’s true, you’re convinced there’s a tiger in your neighborhood and you panic.
MORE: https://www.omsj.org/science/three-men-make-a-tiger
INVESTING: https://www.caseyresearch.com/daily-dispatch/three-men-make-a-tiger/
MONEY PSYCHOLOGY: https://medicalexecutivepost.com/2018/09/19/money-beliefs-and-luxury-lifestyle-tv/
INVESTING: https://medicalexecutivepost.com/2013/04/24/more-on-money-psychology/
Assessment: Your thoughts and comments related to the Corona Virus Pandemic, Money and Investing psychology are appreciated.
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS
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THANK YOU
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Filed under: Glossary Terms, Investing, Research & Development | Tagged: corona, financial psychology, money psychology, Three men make a tiger | Leave a comment »
Performance Increases with Anxiety and Excitement to a Point
By Dr. David E. Marcinko MBA
Courtesy: www.CertifiedMedicalPlanner.org
The Yerkes–Dodson law is an empirical relationship between arousal and performance, originally developed by psychologists Robert M. Yerkes and John Dillingham Dodson in 1908.
LINK: https://www.springerpub.com/dictionary-of-health-economics-and-finance-9780826102546.html
The law dictates that performance increases with physiological or mental arousal, but only up to a point. When levels of arousal become too high, performance decreases. The process is often illustrated graphically as a bell-shaped curve which increases and then decreases with higher levels of arousal.
LINK: https://juniperpublishers.com/gjidd/pdf/GJIDD.MS.ID.555606.pdf
MONEY: https://medicalexecutivepost.com/2018/09/19/money-beliefs-and-luxury-lifestyle-tv/
INVESTING: https://medicalexecutivepost.com/2013/04/24/more-on-money-psychology/
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Assessment: Your thoughts and comments related to the Corona Virus Pandemic, Investing and Money Psychology are appreciated.
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
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Filed under: Glossary Terms, Investing, Research & Development | Tagged: Investing, money psychology, Yerkes-Dodson Law | 1 Comment »
Does the Internet Promote the Same Dynamic as “Road Rage?”
Courtesy: https://lnkd.in/eBf-4vY
The best way to get an answer on the Internet is not to ask a question. It’s to post the wrong answer.
This “law” by Ward Cunningham is known to those with social media accounts. Once you’re arguing with a computer – social norms vanish! People like to fight online more than they like to help.
They’re quicker to point out flaws than to become a friendly resource.
In fact, psychologist Jonathan Haidt wrote that if you constantly express anger in your private conversations, your friends will likely find you tiresome. But, when there’s an audience, the payoffs are different and outrage can boost your status.
A study by William J. Brady at NYU measured half a million tweets and found that each moral or emotional word used in a tweet increased its virality by 20 percent.
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Finally, another 2017 study, by the Pew Research Center, showed that posts exhibiting “indignant disagreement” received nearly twice as much engagement [likes and shares] as other types of content.
MORE: https://lnkd.in/emU7F5c
Assessment: Your thoughts are appreciated
TEXTS FOR PHYSICIAN-EXECUTIVES & MEDICAL CXOs:
1 – https://lnkd.in/eEf-xEH
2 – https://lnkd.in/e2ZmewQ
Thank You
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Filed under: Experts Invited, Glossary Terms | Tagged: WARD CUNNINGHAM'S LAW OF INTERNET INQUIRIES!, William J. Brady | 1 Comment »
My Fond Memories
By Dr. David E. Marcinko MBA
National Osteopathic Medicine Week takes place April 19-25, 2020. It is a special time where the osteopathic medicine profession comes together to help educate the world about what osteopathic medicine is.
At first glance, the difference between DOs and MDs is difficult to distinguish. They’re both fully licensed physicians, trained in diagnosing and treating illnesses and disorders and providing preventive care.
But, the foundation of osteopathic medicine is that people are more than just the sum of their body parts.
Learn more about National Osteopathic Medicine Week and how you can share your DO pride.
Assessment: I trained at several DO hospitals in my early career for which I am very grateful.
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BUSINESS TEXTS FOR PHYSICIAN-EXECUTIVES AND MEDICAL CXO:
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Filed under: "Doctors Only", Quality Initiatives | Tagged: DO, National Osteopathic Medicine Week, osteopathy | 3 Comments »
A GLOSSARY AND GUIDE TO MEDICAL AND BIOLOGICAL STATISTICS
Courtesy: www.CertifiedMedicalPlanner.org
Biostatistics is 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.
LINK: https://www.springerpub.com/dictionary-of-health-economics-and-finance-9780826102546.html
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So, here is a white paper and glossary of important epidemiological concepts and common bio-statistical terms to help doctors, graduate students and related professionals translate medical research into everyday practice.
Link: http://www.medpagetoday.com/Medpage-Guide-to-Biostatistics.pdf
Assessment: Your thoughts are appreciated.
BUSINESS TEXTS FOR PHYSICIAN-EXECUTIVES AND MEDICAL CXOs
THANK YOU
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Filed under: Glossary Terms | Tagged: BIOLOGICAL STATISTICS | Leave a comment »
| The CARES Act and HSAs, HRAs and FSAs, etc [By Staff reporters] The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law March 27, 2020, contains important updates on the use of health savings accounts (HSAs), flexible spending accounts (FSAs) and health reimbursement accounts (HRAs). ***
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| Important note for FSAs and HRAs: | ||||||||||||||||
| You can use your account funds to purchase these products starting today. However, be sure individual merchants, like pharmacies and convenience stores, update their point of sale (POS) system to now recognize these products as qualified medical expenses for FSA and HRA. | ||||||||||||||||
| Use your payment card as you normally would for these purchases, and if the sale will not process, you can pay out of pocket with the option to reimburse yourself with account funds. As a reminder, keep your itemized receipt or explanations of benefits, which are needed to verify each purchase so you can be reimbursed. | ||||||||||||||||
| For HSAs, you may use your debit card as you normally would since no claim reimbursement process is required. Please retain copies of your receipts as needed for tax purposes. | ||||||||||||||||
| Please visit the US Federal website for the latest developments and regulation changes related to COVID-19 and your health account(s), such as the CARES Act.
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Filed under: Health Economics, Health Insurance, Health Law & Policy | Tagged: CARES Act, HSA | 4 Comments »
Opinion-Editorial
[By Darrell K. Pruitt DDS]
The ONLY way to protect dentists, staff, patients and their families from the risk of fatal COVID-19 infections is to keep the virus out of dental offices. (See graph from the New York Times).
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Prediction: If quick and reliable testing is not available soon, within weeks after dental offices re-open for routine dental care – creating aerosols with high speed hand pieces, air/water syringes and ultrasonic scalers – dental offices will justifiably become known as reliable sources of COVID-19 infections, before being closed down again by the state.
Assessment: Your thoughts are appreciated.
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Filed under: Experts Invited, LifeStyle, Op-Editorials, Pruitt's Platform | Tagged: corona, Darrell K. Pruitt, DDS, dentists | 3 Comments »
WHAT IS A MEDICAL “SENTINEL EVENT”
Courtesy: www.CertifiedMedicalPlanner.org
Terms in the Covid Virus Pandemic News
The Joint Commission suggests a Sentinel Event is any unanticipated occurrence in a healthcare setting resulting in death or serious physical or psychological injury to a patient or patients, not related to the natural course of the patient’s illness.
Sentinel Events specifically include loss of a limb or gross motor function, and any event for which a recurrence would carry a risk of a serious adverse outcome. Sentinel events are identified to help aid in root cause analysis and to assist in development of preventive measures.
TJC tracks events in a database to ensure they are adequately analyzed and undesirable trends or decreases in performance are caught early and “mitigated”.
Deborah Leah Birx MD coordinator for the White House Corona Virus Task Force mentioned the term in the daily presidential briefings on the Covid-19 pandemic. And so, your thoughts and comments are appreciated.
Assessment: Your thoughts are appreciated.
BUSINESS, FINANCE AND INSURANCE TEXTS FOR DOCTORS
THANK YOU
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Filed under: Glossary Terms | Tagged: sentinel events | Leave a comment »
Medical Professionals Running Toward Corona – Hospital Administrators Running Away
[By staff reporters]
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Right versus Left
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Assessment: Your thoughts are appreciated.
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Filed under: "Doctors Only" | Tagged: corona virus, hospital administrators, white coats | 1 Comment »
Impact Assessment Survey
Dear David, and ME-P Readers
We are pleased to share with you the release of Research2Guidance’s “Impact Assessment Survey: How Corona Impacts the Global Digital Health Industry” whitepaper.
513 digital health experts representing a broad range of healthcare companies shared their views in our global study. Discover their opinions and 10 key takeaways.
Below are just some of the insights from the study and the first special story.
If you have any questions, please let me know. Thank you for your time.
Stay safe and healthy.
Ralf Jahns, MD
Filed under: iMBA, Inc. | 5 Comments »
Cases Per Condition
[By staff reporters]
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Filed under: Glossary Terms, Health Economics, LifeStyle | Tagged: corona, Covid-19, pre-existing corona conditions | 3 Comments »
Employers and “Brokers”
By staff reporters
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Revenue:
CEO Salary:
NOTE: The total annual healthcare spending in the US is over $3.6 trillion annually. Healthcare spending on administration: 73%. Percentage of healthcare spending on physician salary: less than 8%.
Assessment: Your thoughts are appreciated.
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Filed under: Health Economics, Health Insurance | Tagged: Health insurance CEO salary, healthcare costs, physician costs | 7 Comments »
Some Under Clinical Trials
Physician / Neuroscientist – Improving Healthcare & Health Outcomes through Science & Technology
eveloped / approved as fast as 5 minutes! Several are potential drug treatments & vaccines under evaluation in clinical trials.
There is HOPE!
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Disclaimer – For informational purposes only; should not be considered medical advice; always consult a healthcare professional.
Assessment: Your thoughts are appreciated.
BUSINESS TEXTS FOR PHYSICIAN-EXECUTIVES AND MEDICAL CXOs
THANK YOU
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Filed under: "Doctors Only", Health Economics, Health Insurance | Tagged: 23 Potential COVID-19 Drugs, Corona tests, Covid-19 tests, Igor Korolev DO | 2 Comments »
Know the Signs
[By staff reporters]
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LINK
https://www.medicinenet.com/stroke_pictures_slideshow/article.htm
THANK YOU
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Filed under: LifeStyle | Tagged: CVA, stroke, stroke signs | Leave a comment »
KARL VON VIERORDT’S TIME LAW AND THE CORONA PANDEMIC
Courtesy: https://lnkd.in/eBf-4vY
Underestimating Long Periods AND Overestimating Short Periods
Karl Von Vierordt spent his career studying how people perceive time. His biggest finding is the opposite of what you’d assume.
LINK: https://lnkd.in/eZ-q-wN The longer something drags on the easier it is to forget the earlier moments of your experience. Five minutes can feel long because you remember everything you’ve thought about over those five minutes. An hour can feel short because your mind might have contemplated 17 different topics during that period, 15 of which you don’t recall anymore.
TIME PODCAST: https://lnkd.in/ebnXxGH
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EXAMPLE: Make someone wait in a room for one minute. After a minute, ask them how long they think they’ve been waiting. They’ll likely tell you something like “three minutes.” Now put them in the room for an hour, and ask them again. They’ll likely tell you something like “40 minutes.”
QUERY: Does this relate to Corona Virus “stay-at-home” orders and patient age?
ANSWER: https://lnkd.in/eaHPhUA
Your thoughts and comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS
THANK YOU
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Filed under: Ethics, LifeStyle | Tagged: corona virus, KARL VON VIERORDT, time, time law, time passage | 1 Comment »
SURFACE SURVIVAL
[By staff reporters]
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Filed under: LifeStyle | Tagged: corona, corona life span, Covid-19 lifespan | 2 Comments »
WHAT IS “CONTACT TRACING” IN PUBLIC HEALTH?
Courtesy: www.CertifiedMedicalPlanner.org
When a patient tests positive, you make a list of everyone they came in close contact with. Then, you find those people and make sure they self-isolate before infecting others.
That sounds straightforward, but contact tracing a new patient typically takes three days, which is “an insurmountable hurdle in the U.S., with its low numbers of public health workers and tens of thousands of new cases every day.”
ELSEWHERE: South Korea used high-tech contact tracing to tame its outbreak. The government compiled GPS data, credit card swipes, and other info into a public log showing where COVID-19 patients had traveled.
Some countries (including the U.S.) are trying other methods, including looking at smart-phone location data and developing Bluetooth systems that provide warnings if you’ve crossed paths with an infected person.
PROBLEMS: Despite its widespread use in places like Singapore, contact tracing has raised concerns about privacy and governments following citizens’ whereabouts.
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PODCAST: https://www.youtube.com/watch?v=hlHCLXv2HQs
PODCAST: https://www.youtube.com/watch?v=CQBO_DHBtzw
And so, Contact Tracing is a term you’ll be hearing a lot more of in the coming weeks.
Assessment: Your thoughts and comments are appreciated.
BUSINESS TEXTS FOR PHYSICIAN-EXECUTIVES AND MEDICAL CXO
THANK YOU
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Filed under: Glossary Terms, Health Insurance, iMBA, Inc. | Tagged: contact tracing, corona virus, Covid-19, public health | 6 Comments »
THE 6 [Six] ANATOMIC SITES TO TAKE YOUR TEMPERATURE
Courtesy: www.CertifiedMedicalPlanner.org
Covid-19 Vital Sign Diagnostics
It is well known that a high temperature is one stigmata of the Corona Virus [88% of cases]; even higher than the seasonal flu.
But, what are the 6 gross anatomic landmarks to take a temperature and how do we adjust for standards of error?
NOTE: This information might save your life.
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LINK: https://www.wikihow.com/Take-a-Temperature
Your thoughts and comments are appreciated.
BUSINESS TEXTS FOR PHYSICIAN-EXECUTIVES AND MEDICAL CXOs:
THANK YOU
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Filed under: Health Insurance, iMBA, LifeStyle | Tagged: corona virus, Covid-19, temperature, thermometer | Leave a comment »
Courtesy: https://lnkd.in/eVGcji5
By Ann Miller RN MHA CMP®
[Executive Director]
After an overwhelming initial response, the Institute of Medical Business Advisors [iMBA, Inc] is again offering free 60 minute phone or video consultations and second opinions to doctors, nurses and medical colleagues on a limited scheduling and time basis, during the current Corona Virus outbreak 24/7.
REGULAR SERVICE: https://lnkd.in/dw7FHyP Professional fees are waved during this time of crisis. According to Professor and CEO Dr. David Edward Marcinko MBA CMP, “this is our small way to help give back to colleagues who are vital to the US public health system and wellness of the country.” Topics include a plethora of personal financial planning and / or medical practice management and entrepreneurial business issues.
TOPIC LIST: https://lnkd.in/e7WrDj9
TO SCHEDULE: MarcinkoAdvisors@msn.com B
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BUSINESS, FINANCE, INVESTING & INSURANCE TEXTS FOR DOCTORS
PHYSICIAN-EXECUTIVES AND MEDICAL CXOs:
THANK YOU
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Filed under: CMP Program, Financial Planning, iMBA, Inc., Investing | 2 Comments »
Front Line First Medical Covid-19 Responders
[By staff reporters]
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Assessment: Your thoughts are appreciated.
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BUSINESS TEXTS FOR PHYSICIAN-EXECUTIVES AND MEDICAL CXOs:
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Filed under: iMBA, Inc. | Tagged: Corona first responders, Covid-19 | Leave a comment »
COVID-19 Drugs
[By staff reporters]
Drugs being studied in clinical trials. 30+ drug candidates in preclinical research phase.
There is HOPE!
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Disclaimer – For informational purposes only; should not be considered medical advice; consult a healthcare professional. Drugs shown are not yet approved for use to treat COVID-19 but are being investigated for use in clinical trials.
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Corona Virus Economics
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Filed under: "Doctors Only", Drugs and Pharma | Tagged: 23 Potential COVID-19 Drugs, corona virus | 1 Comment »
By Dr. David Edward Marcinko MBA
Courtesy: www.CertifiedMedicalPlanner.org
If you wear gloves because of Covid-19, and if you don’t take them off properly, you just get everything that was all over the gloves, all over yourself and everything else. As a surgeon for almost two decades, I can tell you that taking gloves off correctly isn’t a trivial thing.
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HOW TO REMOVE: Briefly, you want to pinch one glove near the wrist and pull it over your hand so it ends up inside out. Then hold that in your gloved hand and carefully slip the fingers of your bare hand into the top of the other glove, let it turn inside out and cover the balled-up other glove.
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CDC: Check out this step-by-step CDC infographic. And, if you’re not disposing of them properly, you’re just potentially contaminating more surfaces and putting yourself at a much higher risk. Finally, don’t skip hand washing after you take them off, even if you’ve removed them right.
Assessment: Your thoughts and comments are appreciated.
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BUSINESS, FINANCE AND INSURANCE TEXTS FOR DOCTORS
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Filed under: Health Economics, Health Insurance, Health Law & Policy, LifeStyle, Pruitt's Platform, Touring with Marcinko | Tagged: gloves | 1 Comment »
R.I.P JAMES T. GOODRICH MD PhD
Courtesy: www.MedicalExecutivePost.com
By Dr. David Edward Marcinko MBA
Famed Neuro-Surgeon Succumbs to Covid19
BREAKING NEWS: Dr. James T. Goodrich was director of the Division of Pediatric Neurosurgery and Professor of Clinical Neurological Surgery, Pediatrics, Plastic and Reconstructive Surgery at the Albert Einstein College of Medicine.
CV: https://www.drjamestgoodrich.org/
A CATASTROPHE – I knew of him; of course. But, never fortunate to meet him.
A GIANT is gone! Not much else to say.
THE END
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Filed under: "Doctors Only", Breaking News | Tagged: JAMES T. GOODRICH MD PhD | 1 Comment »
National Doctors’ Day is Global
[By staff reporters]
National Doctors’ Day is a day celebrated to recognize the contributions of physicians to individual lives and communities. The date may vary from nation to nation depending on the event of commemoration used to mark the day.
In some nations the day is marked as a holiday. Although supposed to be celebrated by patients in and benefactors of the healthcare industry it is usually celebrated by health care organizations. Staff may organize a lunch for doctors to present the physicians with tokens of recognition. Historically, a card or red carnation may be sent to physicians and their spouses, along with a flower being placed on the graves of deceased physicians.
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LINK: https://nationaltoday.com/doctors-day/
Assessment: Your thoughts are appreciated.
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BUSINESS, FINANCE AND INSURANCE TEXTS FOR DOCTORS
THANK YOU
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Filed under: iMBA, Inc. | Tagged: National Doctors' Day | 1 Comment »
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Filed under: Financial Planning, iMBA, Inc., Investing, Portfolio Management | Tagged: Daivd Marcinko, Free consultations, iMBA, Inc., second opinions | Leave a comment »
Cautious Corporate Giving?
[By staff reporters]
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NOTE: This chart has not been independently verified by us.
Assessment: Your thoughts are appreciated.
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Filed under: Risk Management | Tagged: charitable giving, charity, donors | Leave a comment »
A NEW I.P.O
BY HEALTH CAPITAL CONSULTANTS, LLC
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On January 30, 2020, 1Life Healthcare, Inc. (One Medical) went public, opening at $14 per share, and closing at $22.07 per share. The innovative San Francisco-based direct primary care organization more closely resembles a technology start-up than a traditional healthcare organization.
The membership model service provides “seamless access” to primary care services at “calming offices,” 24/7 virtual care, and 21st century technology (e.g., a mobile application that allows patients to schedule appointments and message their provider).
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HEALTH CARE DISRUPTIVE INNOVATORS
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A new report from our colleagues over at Health Capital Consultants, LLC:
LINK: https://www.healthcapital.com/hcc/newsletter/02_20/HTML/IPO/convert_ipo_hc_topics.php#_edn4
ASSESSMENT: Your thoughts are appreciated.
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Filed under: Experts Invited, Quality Initiatives, Research & Development | Tagged: Health Capital Consultants LLC, Health Care "DISRUPTORS" | 1 Comment »
A Per-Capita Snapshot
[By staff reporters]
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Filed under: Breaking News, Health Insurance, LifeStyle | Tagged: Covid-19, Covid-19 Testing | 2 Comments »
What it is – How it works?
Courtesy: www.CertifiedMedicalPlanner.org
“Shelter-in-Place” means to seek safety within the building one already occupies, rather than to evacuate the area or seek a community emergency shelter.
The American Red Cross says the warning is issued when “chemical, biological, or radiological contaminants may be released accidentally or intentionally into the environment” and residents should “select a small, interior room, with no or few windows, taking refuge there.”
LINK: https://www.redcross.org/get-help/how-to-prepare-for-emergencies/make-a-plan.html
And now, the term is being applied to the Corona Virus?
Yet, it is a politically contentious issue.
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Assessment: Your thoughts and comments are appreciated.
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Filed under: Glossary Terms, Quality Initiatives | Tagged: SHELTER-IN-PLACE | 1 Comment »
GET BACK; JACK!
GET BACK; JILL!
[By staff reporters]
With the podiums a safe social distance apart, Democratic candidates Bernie Sanders and Joe Biden debated a few days ago on how to respond to the coronavirus pandemic, the chances of a recession, and their handwashing techniques.
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Social distancing is a set of nonpharmaceutical infection control actions intended to stop or slow down the spread of a contagious disease. The objective of social distancing is to reduce the probability of contact between persons carrying an infection, and others who are not infected, so as to minimize disease transmission, morbidity and ultimately, mortality.
Social distancing is most effective when an infection can be transmitted via droplet contact (coughing or sneezing); direct physical contact, including sexual contact; indirect physical contact (e.g. by touching a contaminated surface such as a fomite); or airborne transmission (if the microorganism can survive in the air for long periods).
Social distancing may be less effective in cases where an infection is transmitted primarily via contaminated water or food or by vectors such as mosquitoes or other insects, and less frequently from person to person. Drawbacks of social distancing can include loneliness, reduced productivity, and the loss of other benefits associated with human interaction.
Historically, leper colonies and lazarettos were established as a means of preventing the spread of leprosy and other contagious diseases through social distancing, until transmission was understood and effective treatments invented.
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Filed under: LifeStyle | Tagged: SOCIAL DISTANCING? | 5 Comments »
What it is – How it works?
Courtesy: http://www.CertifiedMedicalPlanner.org
In public health epidemiology, while numerators are measures of health events, the denominator is the population from which events are drawn.
For example, if we are measuring the incidence of Covid-19 among teens, who might comprise your denominator?
ANSWER: Any denominators used should be reflective of the population who could have been included in the numerator had they developed the condition of interest. This is the population at risk, and is often taken as the number of people who are disease-free at the start of data collection. If individuals who could not develop the condition of interest were included in the denominator, this would result in an underestimation of calculated rates.
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PODCAST: https://www.coursera.org/lecture/epidemiology-tools/denominators-jnpaa
Assessment: Your thoughts and comments are appreciated.
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BUSINESS, FINANCE AND INSURANCE TEXTS FOR DOCTORS
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Filed under: iMBA, Inc. | Tagged: Epidemiology, public health denominator, public health numerator | Leave a comment »
Obvious Covid-19 Implications
By Dr. David Edward Marcinko; MBA, CPHQ, CMP
We’ve discussed biologic false positives and false negatives before on this ME-P.
LINK: https://medicalexecutivepost.com/2019/09/14/what-are-false-positive-and-false-negative-tests/
Courtesy: www.CertifiedMedicalPlanner.org
So, now is the time to discuss and conquer the medical laboratory concepts of Sensitivity and Specificity.
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Sensitivity and specificity are statistical measures of the performance of a binary classification test, also known in statistics as a classification function, that are widely used in medicine.
LINK: https://www.differencebetween.com/difference-between-sensitivity-and-vs-specificity/
NOTE: The terms “positive” and “negative” don’t refer to the value of the condition of interest, but to its presence or absence; the condition itself could be a disease, so that “positive” might mean “diseased”, while “negative” might mean “healthy”.
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And so, colleague Michael Lawrence Langan MD opines on a much deeper level.
Assessment: Your thoughts and comments are appreciated.
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BUSINESS, FINANCE AND INSURANCE TEXTS FOR DOCTORS
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Filed under: Glossary Terms, Health Economics, Health Insurance, Quality Initiatives, Touring with Marcinko | Tagged: SENSITIVITY “versus” SPECIFICITY | 1 Comment »
Filed under: Glossary Terms, Quality Initiatives | Tagged: MEDICAL SENSITIVITY, MEDICAL SPECIFICITY | Leave a comment »
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The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
FOR PHYSICIAN-EXECUTIVES AND MEDICAL CXOs
1 – https://lnkd.in/eEf-xEH
2 – https://lnkd.in/e2ZmewQ
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