January – May 2020
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Filed under: Health Economics, Health Insurance | Tagged: COVID-19 CLAIMS BY AGE and GENDER | Leave a comment »
January – May 2020
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Filed under: Health Economics, Health Insurance | Tagged: COVID-19 CLAIMS BY AGE and GENDER | Leave a comment »
INFOGRAPHICS
By staff reporters
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Filed under: LifeStyle | Tagged: corona virus, COVID-19 Testing and Mortality Update, pandemic | 2 Comments »
End-to-End
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Filed under: Information Technology | Tagged: EHR encryption, encryption, prime numbers, twin prime numbers | Leave a comment »
A List of 10 “Thou Shalt Nots”
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Filed under: LifeStyle, Quality Initiatives | Tagged: debate, inductive and deductive reasoning, logic | Leave a comment »
“The informed voice of a new generation of fiduciary advisors for healthcare”
Front Matter with Foreword by Jason Dyken MD MBA
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Filed under: Book Reviews, iMBA | Tagged: Dr. David Marcinko, financial planing, Medical Economics, medical practice management, physician investors | 3 Comments »
BACK TO THE FUTURE
By Anonymous
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Filed under: iMBA, Inc., LifeStyle | Tagged: Corona Virus Human Bubbles, Covid-19, pandemic | Leave a comment »
Top 10 [Ten] Rankings
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Filed under: iMBA, Inc. | Tagged: U.S Children's Hospitals | Leave a comment »
By staff reporters
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Filed under: Experts Invited | Tagged: inventory management | Leave a comment »
RE-EMERGING PANDEMIC INDUCED MENTAL DISORDERS?
Courtesy: www.CertifiedMedicalPlanner.org
More than a decade ago, our firm commenced studying and crafting an exclusive report on medical professionals and their investing compulsions. It was headed by one of the nation’s leading psychologists, gambling addiction and trauma specialists; and personal friend.
Colleague Eugene Schmuckler; PhD, MBA, M.Ed CTS® is from Georgia State University.
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“Medical Management and Health Economics Education for Financial Advisors”
CMP® CURRICULUM: https://lnkd.in/eDTRHex
CMP® WEB SITE: https://lnkd.in/guWSApq
Assessment: Your thoughts and comments on the Working-White-Paper are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
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Filed under: CMP Program, iMBA, Inc., Investing | Tagged: Eugene Schmuckler PhD, Internet addiction | 1 Comment »
Affiliates’ Research in Medical and Other Journals
By staff reporters
Many NBER-affiliated researchers publish some of their findings in medical and other journals that preclude pre-publication distribution. This makes it impossible to include these papers in the NBER Working Paper Series. This is a partial listing of recent papers in this category by NBER affiliates.
Health-Related Papers
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“Medical Management and Health Economics Education for Financial Advisors”
CMP® CURRICULUM: https://lnkd.in/eDTRHex
CMP® WEB SITE: https://lnkd.in/guWSApq
Your thoughts and comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
***
Filed under: Experts Invited | Leave a comment »
Unemployment
By staff reporters
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Filed under: Breaking News, LifeStyle | Tagged: corona virus, pandemic unemployment | 1 Comment »
“The Path to Successful Utilization of Alternative Payment Models”
By Health Capital Consultants, LLC
An article authored by Todd Zigrang, Jessica Bailey-Wheaton, and Khaled Klele was featured in the most recent issue of The Health Lawyer published by the American Bar Association. Read the article entitled, “The Path to Successful Utilization of Alternative Payment Models,” here: https://lnkd.in/e78kXmE
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ESSAY: The Path to Successful Utilization of Alternative Payment Models
ASSESSMENT: Your thoughts and comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
***
Filed under: Experts Invited, Health Economics, Healthcare Finance | Tagged: Alternative Medical Payment Models, Health Capital Consultants LLC | 1 Comment »
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Filed under: Health Economics, Health Insurance, iMBA, Inc., Practice Management, Quality Initiatives | Tagged: AJPH, American Journal Public Health | Leave a comment »
Filed under: LifeStyle | Tagged: Birth Order | Leave a comment »
MID-YEAR ROUND-UP
STOCKS: A global stock market crash on March 12 set the worst single-day decline for stocks since 1987. But in Q2, major indexes clawed their way back on the promise of economic reopenings. Filled to the brim with tech companies, the Nasdaq has distanced itself from the Dow and the S&P.
FED: The Fed slashed interest rates in March to stem the economic bleeding, and in early June said it would hold rates near zero through 2022.
OIL: In late April, oil prices crashed below -$37 a barrel as plummeting demand from lockdowns left traders with nowhere to put their oil. Following an agreement by OPEC+ to reduce supply by 9.7 million barrels a day, prices are slowly rebounding back to March’s highs.
CMP® CURRICULUM: https://lnkd.in/eDTRHex
CMP® WEB SITE: https://lnkd.in/guWSApq
Your thoughts and comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
***
Filed under: Experts Invited, Interviews, Investing | Tagged: STOCK MARKET ROUNDUP | Leave a comment »
Courtesy: www.CertifiedMedicalPlanner.org
On June 19, 2020 the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule regarding Medicaid Drug Rebate Program (MDRP) regulations, with the aim of lowering drug prices, increasing patient access, and encouraging innovation in the insurance and pharmaceutical industries.
This proposal is consistent with the Trump Administration’s Blueprint to Lower Drug Prices (Blueprint) released in May 2018, in which the administration highlighted its goal to “avoid excessive pricing by relying more on value-based pricing by expanding outcome-based payments in Medicare and Medicaid” and to “speed access to and lower the cost of new drugs by clarifying policies for sharing information between insurers and drug makers.”
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The proposed rule seeks to accomplish the Blueprint’s goals by reducing regulatory barriers that have previously prevented commercial plans and states from entering into value-based purchasing (VBP) arrangements with drug manufacturers.
Colleagues from Health Capital Consultants, LLC; explain.
ESSAY: DRUGS
Assessment: Your thoughts and comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
***
Filed under: Drugs and Pharma, Experts Invited | Tagged: CMS, Drugs, Health Capital Consultants LLC, Value Based Purchasing for Drugs | Leave a comment »
By Health Capital Consultants, LLC
As the coronavirus (COVID-19) global pandemic has wreaked havoc on the U.S. economy generally, and the healthcare industry specifically, the previously-active healthcare transactional environment has been largely stunted.
Despite (or perhaps because of) this economic turbulence, stakeholders expect that merger and acquisition (M&A) activity will soon resume with a vengeance. This potential opportunity, however, is not without pitfalls, due in part to the concern from stakeholders and regulators that well-capitalized entities may use this economic and public health crisis to prey on debilitated physician practices. (Read more…)
ASSESSMENT: Your thoughts and comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
***
Filed under: Experts Invited, Health Economics, Health Law & Policy, Healthcare Finance | Tagged: Health Capital Consultants LLC, Post-Coronavirus Physician Practice Acquisitions | Leave a comment »
COVID-19 Forces Value-Based Reimbursement Model Revision
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ASSESSMENT: Your thoughts and comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
***
Filed under: Experts Invited, Health Economics, Health Insurance, Health Law & Policy | Tagged: COVID-19 Forces Value-Based Reimbursement Model Revision, Health Capital Consultants LLC | Leave a comment »
By Specialty – CIRCA 2019-2020
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Filed under: Health Economics, Health Insurance, Quality Initiatives | Tagged: MCOL, Percentage Change in Health Care Utilization | Leave a comment »
ABSOLUTE versus RELATIVE RISKS IN MEDICINE
Courtesy: https://lnkd.in/eBf-4vY
Understanding the Difference
ESSAY: https://lnkd.in/gTgjmTB
CMP® CURRICULUM: https://lnkd.in/eDTRHex
CMP® WEB SITE: https://lnkd.in/guWSApq
Your thoughts and comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
1 – https://lnkd.in/ebWtzGg
2 – https://lnkd.in/ezkQMfR
3 – https://lnkd.in/ewJPTJs
THANK YOU
***
Filed under: Health Economics, Healthcare Finance, Risk Management | Tagged: ABSOLUTE versus RELATIVE RISKS IN MEDICINE | Leave a comment »
ENTER A HEALTHCARE ENTREPRENEURIAL BUSINESS “DISRUPTOR” FOR 2020
Courtesy: https://lnkd.in/eBf-4vY
A New Initial Public Offering [I.P.O.]
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.
LINK: https://lnkd.in/eZxrhtp
Their membership model service provides “seamless access” to primary medical 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 providers).
And so, here is a report from colleagues over at Health Capital Consultants, LLC.
ESSAY: https://lnkd.in/gVqDVR4
Your thoughts and comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
1 – https://lnkd.in/ebWtzGg
2 – https://lnkd.in/ezkQMfR
3 – https://lnkd.in/ewJPTJs
THANK YOU
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Filed under: Career Development, Quality Initiatives | Tagged: ENTER A HEALTHCARE ENTREPRENEURIAL BUSINESS “DISRUPTOR” FOR 2020 | Leave a comment »
For 2013
By. Dr. David E. Marcinko
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I’m not a psychologist, psychiatrist or expert on violence, terrorism or mass shootings, etc. But, I am heart broken over events this weekend in Dayton, OH and ElPaso, TX.
However, I have been speaking, publishing and wrting about medical work place violence for almost two decades. Now, while perhaps an under-researched topic, not in the public zeitgeist, it certainly is a subset noted by the FBI [2.7%].
And so, here is a review of the economic burdens of violence for 2013. The extent to which they may, or may not, relate to this Bloody Suday Weekend in Dayton OH and ElPaso, TX is left to the reader.
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NOTE: The ME-P can only speculate how this healthcare workplace violence information from a public safety expert, applies to the recent spate of national violence – regardless of venue – or how any lessons learned are applicable in this case; or not.
MORE: WV 1
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
OUR OTHER PRINT BOOKS AND RELATED INFORMATION SOURCES:
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[Foreword Dr. Hashem MD PhD] *** [Foreword Dr. Silva MD MBA]
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Filed under: Health Economics | Tagged: Economic Burden of Injuries, Economic Burden of Violence | 4 Comments »
Rankings
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Interesting ranking of risky activities in terms of catching covid as ranked by four Public Health physicians (Dr. Matthew Sims, Dr. Dennis Cunningham, Dr Mimi Emig, Dr Nasir Husain) from Michigan.
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Filed under: Quality Initiatives | Tagged: RISKY CORONA VIRUS ACTIVITIES | Leave a comment »
CIRCA: 2018
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ASSESSMENT: Your comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
***
Filed under: Health Economics, Healthcare Finance | Tagged: Healthcare Spending Distribution | Leave a comment »
June 9, 2020
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Filed under: Breaking News, Managed Care | Tagged: National Call Your Doctor Day | Leave a comment »
Courtesy: www.CertifiedMedicalPlanner.org
[On Finding Physician-Focused Financial Advice]
“The financial planner is a like juggler, trying to keep a variety of balls simultaneously in the air. Each aspect of practice becomes critical, just as action is needed.
Some of the activities of operating a successful financial planning practice generally attract more attention than others, such as marketing and advertising, closing engagements, and office administration. Because product review, selection and implementation are often related to advisor compensation, they attract a great deal of the financial juggler’s concentration.
But, the heart of financial planning, niche advice, often receives little attention. Not because it is unimportant, it just doesn’t seem immediately and predictably urgent. Here, that ball does not seem to be dropping so rapidly.
However, retaining clients and receiving referrals from other professionals is very dependent on the quality of the advice delivered. And, the first line of protection from practitioner liability exposure is to not deliver incorrect or incomplete advice.
But, where does the financial advisor turn for ideas and organized research in the healthcare sector?”
Edwin P. Morrow; CFPTM, CLU, ChFC, RFC
[Middletown, Ohio, USA]
Your thoughts are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
***
Filed under: Book Reviews, Experts Invited, iMBA, Inc., Investing | Tagged: Edwin P. Morrow; CFPT, Financial Planning | Leave a comment »
FOR DOCTORS AND PATIENTS, ALIKE
By Dr. David E. Marcinko MBA
Doctor Scheduling Issues
Nothing creates more distress for a new medical practice administrator than “holes”, or empty slots, in a physician’s appointment schedule. While doctors may complain about too much work and not enough time with patients, a corollary is the lack of production that accompanies such downtime.
This scenario is common in January-February [patient insurance deductibles not paid] and August-September [new doctors join existing practices]. An increase in new doctor days, and marginal native practice growth, usually mean space in the daily schedule.
Now, the natural tendency is to try and fill the day. And, it is best if the day is filled by increasing patient services acuity levels. However, a common, but ill-advised approach is to add time to existing patient appointments. So, when a practice accepts a new medical provider, creation of a checklist similar to the one below may be helpful.
LIST:
The danger of open appointment slots is adding inefficiencies to a schedule by the pressure to fill time. Instead, look at organic practice growth [5-8% annually for a mature practice], the change in provider time and have realistic expectations for open time-slots in the first few years of new practitioner availability [see http://waittimes.blogspot.com, Wait Time & Delayed Care; a blog devoted to helping healthcare providers shorten wait times and improve patient flow].
Patuient Scheduling Issues
Most mature doctors follow a linear (series-singular) time allocation strategy for scheduling patients (i.e., every 15 or 20 minutes). This can create bottlenecks because of emergencies, late patients, traffic jams, absent office personal, paperwork delays, etc. Therefore, as proposed by Dr. Neal Baum, a practicing urologist in New Orleans, one of these three newer scheduling approaches might prove more useful.
1. Customized Scheduling
The bottleneck problem may be reduced by trying to customize, estimate or project the time needed for the patient’s next office visit. For example: CPT #99211 (5 minutes), #99212 (10 minutes), #99213 (15 minutes), #99214 (25 minutes), or #99215 (40 minutes). Occasionally, extra time is need, and can be accommodated, if the allocated times are not too tightly scheduled.
Some patient populations do not mind a brief 20-30 minute wait prior to seeing the doctor. Wave scheduling assumes that no patient will wait longer than this time period, and that for every three patients; two will be on time and one will be late. This model begins by scheduling the three patients on the hour; and works like this. The first patient is seen on schedule, while the second and third wait for a few minutes. The later two patients are booked at 20 minutes past the hour and one or both may wait a brief time. One patient is scheduled for 40 minutes past the hour. The doctor then has 20 minutes to finish with the last three patients and may then get back on schedule before the end of the hour.
3. Bundle Scheduling
Bundling involves scheduling like-patient activities in blocks of time to increase efficiency. For example, schedule minor surgical checkups on Monday morning, immunizations on Tuesday afternoon, and routine physical examinations on Wednesday evening, or make Thursday kid’s day and Friday senior citizens day. Do not be too rigid, but by scheduling similar activities together, assembly-line efficiency is achieved without assembly line mentality, and allows you to develop the most economically profitable operational flow process possible for the office.
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Patient Self Scheduling (Internet Based Access Management)
The traditional linear patient scheduling system is slowly being abandoned by modern medical practitioners; an all venues (medical practices, clinics, hospitals and various other healthcare entireties). New software programs, and internet cloud applications, allow patients to schedule their own appointments over the internet. The software allows solo or individual group physicians with a practice to set their own parameters of time, availability and even insurance plans. Through a series of interrogatories, the program confirms each appointment. When the patient arrives, a software tracker communicates with office staff and follows the patients from check-in, to procedures, to checkout. Today, many hospitals have even abandoned the check-in or admissions, department. It has been replaced by access management systems.
Automated Medical Office Access Management Systems [Patient Check-In Kiosks]
According to a McLean report published in InfoTech,
“Today’s patients demand the same level of self-service convenience in healthcare that they do in other industries. Medical kiosks save money, reduce wait times, and significantly enhance the patient experience. The payback period for medical kiosks is often as short as 180 days”
Automated medical office access management [AM] or patient self check-in solutions provide a wide range of functionality including patient registration, insurance verification, and demographic-validation, electronically consent form completion, back-end scheduling, financial systems integration, real-time appointment re-scheduling, direction text mapping and way finding; and more. Often, solutions can be individualized and integrated with HIT systems using HL7, XML, web and other standard data exchange protocols.
Open Access Patient Scheduling
A sub variant of the above is open-access patient self-scheduling, either in full or part. Benefits include reduced patient appointment wait times, matching and scheduling patients with physician, improved continuity of care, increased productivity per patient visits, higher physician compensation and higher net gains for medical offices and clinics.
Real Time Claim Adjudication
Real Time Claim Adjudication [RTCA] or expecting payment at the time of service is becoming the rule, not the exception, in the modern AM era. RTCA makes a medical practice more like other businesses.
Benefit of Automated Medical Office Access Management
Vendors for the above AM processes include: Phreesia.com, KioHealth.com, MediSolve.Ca; VecnaMedical.com; MeridianKiosks.com; AppointmentDesk.com; and KioskMarketPlace.com; etc.
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Five people are sitting in the waiting room of a doctor’s office. Some of the people look tense or upset, and others look completely relaxed.
More: Simple Steps to a Patient Registry: Ticket to Care Coordination, Quality Reporting and Pay for Performance
Assessment: Your thoughts are appreciated.
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Filed under: iMBA, Inc., Practice Management, Touring with Marcinko | Tagged: patient scheduling, Patient Scheduling Issues, physician scheduling | Leave a comment »
Filed under: "Doctors Only", Experts Invited | Tagged: Being a Doctor, Jain MD, prejudice | Leave a comment »
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MORE: Pass Points
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Filed under: iMBA, Inc. | Tagged: ABFAS, ABPS, Podiatry Board Exams, PodiatryPrep | 5 Comments »
PHYSICIAN HEAD-HUNTER RISKS
Courtesy: www.CertifiedMedicalPlanner.org
Any time an executive search firm makes the following claims you should push back and try to get more information before assuming it’s the truth. While some can deliver, others can’t – and it’s up to you to figure out which ones are sincere.
LINK: https://www.springerpub.com/dictionary-of-health-economics-and-finance-9780826102546.html
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So, here some potential misleading statements and/or lies told to physician-executives in the hiring process:
TEXTBOOK: https://lnkd.in/ebWtzGg
Assessment: Your comments are appreciated.
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
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Filed under: Risk Management | Tagged: PHYSICIAN HEAD-HUNTER RISKS | Leave a comment »
Courtesy: https://lnkd.in/eBf-4vY
“Of the 125 medical schools in the USA, only one of them to my knowledge offers a class related to saving or investing money.”
– William C. Roberts, MD
Private Banker Jorge Russe; MBA CMP™ explains in this PPT Presentation on Net Worth; NOT Income.
ESSAY: https://lnkd.in/eGArJR2
CMP® CURRICULUM: https://lnkd.in/eDTRHex
Assessment: Your comments are appreciated.
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
1 – https://lnkd.in/ebWtzGg
2 – https://lnkd.in/ezkQMfR
3 – https://lnkd.in/ewJPTJs
THANK YOU
***
Filed under: Health Economics, Healthcare Finance, iMBA, Inc. | Tagged: physician net worth, physician salary | 1 Comment »
Courtesy: https://lnkd.in/eBf-4vY
The VM is a measure of the number of times that the average unit of currency is used to purchase goods and services within a given time period. The concept relates the size of economic activity to a given money supply. This speed of money exchange is one of the variables that determine inflation.
VM is the ratio of gross national product (GNP) to a country’s money supply. The more often money changes hands, the greater the level of commerce. The VM is determined by money supply, interest rates, inflation, commerce and the Federal Reserve.
LINK: https://lnkd.in/eZxrhtp
Physicians, like most consumers, tend to hold less money as interest rates and inflation increase, and therefore the velocity of money increases.
ESSAY: https://lnkd.in/e6TvuVM
VM is reduced when people increase money holdings in periods of low interest rates and low inflation; the opposite when rates and inflation are high.
CMP® CURRICULUM: https://lnkd.in/eDTRHex
Assessment: Comments appreciated.
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
1 – https://lnkd.in/ebWtzGg
2 – https://lnkd.in/ewJPTJs
THANK YOU
***
Filed under: Financial Planning, Glossary Terms, iMBA, Inc. | Tagged: Velocity Money | Leave a comment »
PATIENT RELATIONS MARKETING MANAGEMENT IN MEDICAL PRACTICE
Courtesy: https://lnkd.in/eBf-4vY
Rocking C.R.M. Old School
Customer Relations Management [C.R.M] is an approach to managing a company’s interaction with current and potential customers. It uses data analysis about customers’ history to improve business relationships with customers, specifically focusing on customer retention and ultimately driving sales growth.
LINK: https://lnkd.in/eWx3WjZ
But, what about “Patients” NOT “Customers” in a small to medium sized medical practice? Colleague Dee-Vee Devarakonda MBA, opines.
ESSAY: https://lnkd.in/gGtwqGA
Now, let’s get a bit more granular, as we go “old school” on P [patient] RM, right here:
WORKING WHITE-PAPER: https://lnkd.in/eGKt7cZ
Your thoughts and comments are appreciated.
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
1 – https://lnkd.in/ebWtzGg
2 – https://lnkd.in/ezkQMfR
3 – https://lnkd.in/ewJPTJs
THANK YOU
****
Filed under: Marketing & Advertising, Practice Management | Tagged: CRM, Medical CRM | Leave a comment »
CIRCA: 202-2016
By staff reporters
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
***
Filed under: Health Economics, Health Insurance, Healthcare Finance, iMBA, Inc. | Tagged: Medical Expenditure Distribution | Leave a comment »
THREE MEDICAL VIDEO MESSAGES FOR THE POST- PANDEMIC WORLD
Courtesy: https://lnkd.in/eBf-4vY
On Population Health
Colleague David Nash MD MBA, Founding Dean Emeritus and Professor of Health Policy, Jefferson College of Population Health, provides the top three things hospitals and health system leaders must do to move forward after the pandemic from a population health perspective.
PODCAST: https://lnkd.in/d2WqvNr
David also wrote the Foreword to our text book: “Financial Management Strategies for Hospitals and Healthcare Organizations” [Tools, Techniques, Checklists and Case Studies].

FOREWORD: https://lnkd.in/eea7PTb
BOOK: https://lnkd.in/eEf-xEH
Your thoughts and comments are appreciated.
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
1 – https://lnkd.in/ebWtzGg
2 – https://lnkd.in/ezkQMfR
3 – https://lnkd.in/ewJPTJs
THANK YOU
***
Filed under: iMBA, Inc. | Leave a comment »
A Salary Round-Up
By Howard Green, MD
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During this corona virus pandemic, 70 million+ Americans are uninsured and 150 million Americans are under-insured.
Many are one illness from bankruptcy with no access to quality affordable healthcare. Health insurance companies redistribute more money for executives, politicians and shareholders.
Assessment: Your thoughts are appreciated
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS
THANK YOU
***
Filed under: Health Economics, Health Insurance | Tagged: Health insurance CEO salary | Leave a comment »
“Decoration Day”
”Memorial Day (Decoration Day) is a federal holiday in the United States for honoring and mourning the military personnel who died while serving in the United States Armed Forces. The holiday is now observed on the last Monday of May, having been observed on May 30th from 1868 to 1970.
Here are some related thoughts:
HISTORY: https://medicalexecutivepost.com/2018/05/26/the-history-of-memorial-day/
WW-II VETS: https://medicalexecutivepost.com/2018/05/28/living-u-s-world-war-ii-veterans/
SUICIDE: https://medicalexecutivepost.com/2017/11/21/veteran-suicide-in-front-of-va-clinic/
MEDICAL CHOICE: https://medicalexecutivepost.com/2015/11/09/about-the-surface-transportation-and-veterans-health-care-choice-improvement-act-of-2015/
HELP A VET: https://medicalexecutivepost.com/2019/11/11/help-a-veteran-with-pro-bono-medical-care-or-financial-planning/
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ASSESSMENT: Your thoughts and comments are appreciated.
THANK YOU
***
Filed under: Health Law & Policy, LifeStyle, Touring with Marcinko | Tagged: Decoration Day, Memorial Day | Leave a comment »
Study Confirms Some Flu Vaccines Cause a Stronger Response in Older Patients
Courtesy: www.CertifiedMedicalPlanner.org
Back in December 2019, a study published journal “Clinical Infectious Diseases” offered more evidence that certain specially formulated flu vaccines may offer people 65 years and older better protection than standard-dose flu vaccines.
LINK: https://www.cdc.gov/flu/spotlights/2019-2020/vaccine-stronger-immune.htm
People in this age group are considered at high risk of developing serious flu complications, yet vaccines may not work as well for them as they do in younger people.
There are at least three relatively newer influenza vaccine options that may improve vaccine protection among older adults, and this is the first study to directly compare the antibody responses from these newer vaccine options with standard flu vaccines among people in the same age group during the same influenza season.
QUERY: What are the implications of this study on the Corona Virus pandemic?
Assessment: Your thoughts and comments are appreciated.
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS
THANK YOU
***
Filed under: Glossary Terms | Tagged: VACCINE ENHANCED IMMUNE RESPONSE | Leave a comment »
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
***
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 »
Only a Matter of Time for Some Greedy Physicians?
Courtesy: http://www.CertifiedMedicalPlanner.org
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 »