ME-P SYNDICATIONS:
WSJ.com,
CNN.com,
Forbes.com,
WashingtonPost.com,
BusinessWeek.com,
USNews.com, Reuters.com,
TimeWarnerCable.com,
e-How.com,
News Alloy.com,
and Congress.org
BOARD CERTIFICATION EXAM STUDY GUIDES
Lower Extremity Trauma
[Click on Image to Enlarge]
The “Medical Executive-Post” is about connecting doctors, health care executives and modern consulting advisors. It’s about free-enterprise, business, practice, policy, personal financial planning and wealth building capitalism. We have an attitude that’s independent, outspoken, intelligent and so Next-Gen; often edgy, usually controversial. And, our consultants “got fly”, just like U. Read it! Write it! Post it! “Medical Executive-Post”. Call or email us for your FREE advertising and sales consultation TODAY [678.779.8597] Email: MarcinkoAdvisors@outlook.com
ePodiatryConsentForms.com
“Providing Management, Financial and Business Solutions for Modernity”
Support our online development, and advance our onground research initiatives in free market economics, as we seek to showcase the brightest Next-Gen minds.
THE ME-P DISCLAIMER: Posts, comments and opinions do not necessarily represent iMBA, Inc., but become our property after submission. Copyright © 2006 to-date. iMBA, Inc allows colleges, universities, medical and financial professionals and related clinics, hospitals and non-profit healthcare organizations to distribute our proprietary essays, photos, videos, audios and other documents; etc. However, please review copyright and usage information for each individual asset before submission to us, and/or placement on your publication or web site. Attestation references, citations and/or back-links are required. All other assets are property of the individual copyright holder.
By Eric Bricker MD
***
***
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
***
COMMENTS APPRECIATED
Thank You
****
Filed under: "Doctors Only", Career Development, Experts Invited, Health Economics, Health Insurance, Health Law & Policy, Healthcare Finance, Videos | Tagged: AWS, AWS Model for Healthcare Change?, Eric Bricker MD | Leave a comment »
By Ann Miller RN MHA
Professor and physician executive David Edward Marcinko MBBS DPM MBA MEd BSc CMP® is originally from Loyola University MD, Temple University in Philadelphia and the Milton S. Hershey Medical Center in PA; Oglethorpe University, and Atlanta Hospital & Medical Center in GA; and the Aachen City University Hospital, Koln-Germany. He is one of the most innovative global thought leaders in health care business and entrepreneurship today.
Dr. Marcinko is a multi-degreed educator, board certified physician, surgical fellow, hospital medical staff President, Chief Education Officer and philanthropist with more than 400 published papers; 5,150 op-ed pieces and over 125+ international presentations to his credit; including the top 10 biggest pharmaceutical companies and financial services firms in the nation. He is also a best-selling Amazon author with 30 published text books in four languages [National Institute of Health, Library of Congress and Library of Medicine].
Dr. Marcinko is past Editor-in-Chief of the prestigious “Journal of Health Care Finance”, and a former Certified Financial Planner®, who was named “Health Economist of the Year” in 2001. He is a Federal and State court approved expert witness featured in hundreds of peer reviewed medical, business, management and trade publications [AMA, ADA, APMA, AAOS, Physicians Practice, Investment Advisor, Physician’s Money Digest and MD News].
As a licensed insurance agent, RIA and SEC registered endowment fund manager, Dr. Marcinko is Founding Dean of the fiduciary focused CERTIFIED MEDICAL PLANNER® chartered designation education program; as well as Chief Editor of the HEALTH DICTIONARY SERIES® Wiki Project. His professional memberships include: ASHE, AHIMA, ACHE, ACME, ACPE, MGMA, FMMA and HIMSS.
Dr. Marcinko is a MSFT Beta tester, Google Scholar, “H” Index favorite and one of LinkedIn’s “Top Cited Voices”.
Filed under: "Doctors Only", Career Development, Financial Planning, Health Economics, Health Insurance, Managed Care, Marketing & Advertising, Op-Editorials, Retirement and Benefits, Risk Management, Touring with Marcinko | Tagged: Marcinko | Leave a comment »
Not For Doctors – Not Managerial Cost Accounting
By Eric Bricker MD
****
***
YOUR COMMENTS ARE APPRECIATED.
Thank You
***
Filed under: "Doctors Only", Accounting, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Healthcare Finance | Tagged: cost accounting, Eric Bricker MD, managerial accounting, Managerial Cost Accounting, medicare cost accounting, medicare cost reports | 3 Comments »
Plastic Surgery Proto-Type
***
[Medical Practice Worth, Valuation, Sales and Succession Planning]
By Dr. David Edward Marcinko MBA DPM MBBS CMP™
By Professor Hope Rachel Hetico RN MHA CPHQ CMP™
By Robert James Cimasi MHA AVA CBA ASA FCBI MCMA CMP™
YOUR THOUGHTS ARE APPRECIATED.
SECOND OPINIONS: https://medicalexecutivepost.com/schedule-a-consultation/
INVITE DR. MARCINKO: https://medicalexecutivepost.com/dr-david-marcinkos-bookings/
Thank You
***
Filed under: "Doctors Only", Career Development, Experts Invited, Practice Worth | Tagged: appraisal, david marcinko, Health Capital Consultants LLC, medical clinic worth, medical practice worth, medical valuation, Robert Cimasi | Leave a comment »
By Steve Febus
***
***
Hospital Finance 101: Understanding the Cost of Full-Service Healthcare in Pullman, WA Program by: Steve Febus, Pullman Regional Hospital Chief Financial Officer.
***
PODCAST: https://www.youtube.com/watch?v=N-SumPdb2PI
RELATED: https://www.youtube.com/watch?v=3vNThT8RJiQ
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
***
CITE: https://www.r2library.com/Resource/Title/0826102549
HOSPITAL FINANCE: https://www.amazon.com/Financial-Management-Strategies-Healthcare-Organizations/dp/1466558733/ref=sr_1_3?ie=UTF8&qid=1380743521&sr=8-3&keywords=david+marcinko
***
COMMENTS APPRECIATED
Thank You
***
Filed under: "Doctors Only", Accounting, Experts Invited, Health Economics, Health Insurance, Healthcare Finance, Managed Care, Videos | Tagged: hospital finance, Hospital Finance 101, Steve Febus | Leave a comment »
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Ethics, Experts Invited, Health Economics, Health Insurance, Healthcare Finance, LifeStyle, Videos | Tagged: Eric Bricker MD, high medical debt, hospitals, hospitals survive, KHN, medical debt | Leave a comment »
By Eric Bricker MD
1) Fee-for-Services Motivates Hospitals to Increase Costs.
2) Medicare and Commercial Insurance Companies Have Not Changed That Motivation with ‘Value-Based’ Payments.
3) Hospital Prices Have NO Connection to the Underlying Cost of a Test or Procedure.
4) Most Don’t Even Know What the Underlying Test or Procedure Cost Is in the First Place.
***
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Career Development, Ethics, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Videos | Tagged: Eric Bricker MD, fee for service, FFS, FFS Drives Costs, healthcare costs | Leave a comment »
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Ethics, Experts Invited, Health Economics, Health Insurance, Healthcare Finance, Videos | Tagged: Eric Bricker MD, PODCAST: Healthcare Selling Strategies, sales, selling | Leave a comment »
By Eric Bricker MD
***
Specifically, the 88 mostly primary care doctors of Tryon Medical Partners sued Atrium Health, the hospital system that owned them, in order to leave and become independent in 2018.
Some of their grievances against the hospital system were:
1. The hospital replaced the nurses in their clinics with medical assistants.
2. The hospital increased the number of patients they needed to see per day and decreased their visit times.
Atrium agreed to let the doctors separate in exchange for dropping the lawsuit.
Just one year later Tryon Medical Partners began to offer Direct Primary Care to local employers and have signed up 30 companies.
The program has been a huge success because an independent primary care practice can work to provide better care at lower costs. Conversely, physicians associated with a hospital system are incentivized to increase healthcare costs.
***
***
COMMENTS APPRECIATED
Thank You
***
HEALTH INSURANCE: https://www.amazon.com/Dictionary-Health-Insurance-Managed-Care/dp/0826149944/ref=sr_1_4?ie=UTF8&s=books&qid=1275315485&sr=1-4
****
Filed under: "Doctors Only", Career Development, Experts Invited, Health Economics, Health Insurance, Health Law & Policy, Healthcare Finance, Videos | Leave a comment »
***
By Darrell Pruitt DDS
***
***
“Small- and medium-sized businesses with two to 200 employees suffered the most attacks during the period, accounting for 46%, or 2,300 ransomware attacks total, according to the report.” That’s us, Doc. Patterson and Schein won’t admit it, but if you don’t put patients’ information on a computer, you and your patients are completely safe from ransomware.
“US organizations hit by almost half of all ransomware since 2020 – American exceptionalism extends to ransomware as organizations based in the U.S. suffered the greatest number of attacks, ahead of Canada and the U.K.”
By Matt Kapko: Cybersecurity Dive, Sept. 28, 2022.
Paper’s security – “Report: 90% of companies affected by ransomware in 2022 – An annual SpyCloud survey found that 90% of organizations were impacted by ransomware over the past twelve months, an alarming increase from last year’s 72.5%.”
– Yet still none involved paper dental records –
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Career Development, Experts Invited, Information Technology | Tagged: Darrell K. Pruitt DDS, dental records, eDRs, electronic dental records, EMRs | Leave a comment »
A TERM ALL PHYSICIAN INVESTORS MUST KNOW
SPONSOR: http://www.CertifiedMedicalPlanner.org
What Is Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)?
***
EBITDA, or earnings before interest, taxes, depreciation, and amortization, is a measure of a company’s overall financial performance and is used as an alternative to net income in some circumstances. EBITDA, however, can be misleading because it strips out the cost of capital investments like property, plant, and equipment.
This metric also excludes expenses associated with debt by adding back interest expense and taxes to earnings. Nonetheless, it is a more precise measure of corporate performance since it is able to show earnings before the influence of accounting and financial deductions.
Simply put, EBITDA is a measure of profitability. While there is no legal requirement for companies to disclose their EBITDA, according to the U.S. generally accepted accounting principles (GAAP), it can be worked out and reported using the information found in a company’s financial statements.
The earnings, tax, and interest figures are found on the income statement, while the depreciation and amortization figures are normally found in the notes to operating profit or on the cash flow statement. The usual shortcut to calculate EBITDA is to start with operating profit, also called earnings before interest and tax (EBIT) then add back depreciation and amortization.
CITE: https://www.r2library.com/Resource/Title/0826102549
***
YOUR COMMENTS ARE APPRECIATED
Thank You
***
Filed under: "Ask-an-Advisor", "Doctors Only", Accounting, CMP Program, Glossary Terms, Investing | Tagged: and Amortization, Certified Medical Planner™, CMP, Depreciation, Earnings Before Interest, EBITDA, taxes | Leave a comment »
By Health Capital Consultants, LLC
***
***
MSSP Performance Results Indicate Another Successful Year
On August 30, 2022, the Centers for Medicare & Medicaid Services (CMS) released the financial and quality performance results for the Medicare Shared Savings Program (MSSP) Performance Year (PY) 2021.
The results revealed net savings of $1.66 billion for Medicare, marking the fifth consecutive year of savings. In total, 58% of MSSP accountable care organizations (ACOs) achieved savings as a result of their performance. This Health Capital Topics article will discuss the 2021 performance results, which are being released on the eve of seismic changes to the MSSP. (Read more…)
***
COMMENTS APPRECIATED
Thank You
***
****
Filed under: "Doctors Only", Alerts Sign-Up, Career Development, Drugs and Pharma, Ethics, Experts Invited, Practice Management, Professional Liability, Quality Initiatives | Tagged: Health Capital Consultants LLC, Medicare Shared Savings program, MSSP | Leave a comment »
CDNs and What They Mean to Physicians
BY J.M.
[Anonymous IT Expert]
DOCTOR – Do you like the internet? Do you use EMRs/EHRs? Do you like fast internet? Of course you do.
But, without a strong infrastructure of content delivery networks (CDNs), website loading times would be too slow to stream tele-health/tele-medicine visits or tela-radiology services; not to mention Netflix, or argue with Reddit strangers or your patients; etc.
CDNs are geographically distributed networks of servers that handle processing and speed up internet delivery. In practice, CDNs make website content like HTML pages, JavaScript files, style-sheets, images, and videos load faster. They also reduce bandwidth costs, handle more traffic, and provide a little security protection.
***
***
Fastly is one of a number of significant CDN providers that help form the infrastructure of the internet. And while the outage shows the breadth of its reach, it’s far from the biggest player—Akami, Cloudflare, and Amazon CloudFront take up 75% of revenue in CDN space, per Intricately.
But Fastly, one of the world’s largest cloud computing companies itself, just had an outage that shut down its CDN service, affecting major websites including the New York Times, HBO Max, and the British government’s homepage.
ASSESSMENT: Were you or your clinic or hospital affected? Your thoughts and comments are appreciated.
ORDER DICTIONARY: https://medicalexecutivepost.com/wp-content/uploads/2007/10/foreword-mata.pdf
INVITE DR. MARCINKO: https://medicalexecutivepost.com/dr-david-marcinkos-
THANK YOU
***
Filed under: "Doctors Only", Glossary Terms, Information Technology, Practice Management, Risk Management | Tagged: CDN, CDNs, content delivery networks, HIT, Tele-Health, tele-radiology, telemedicine | Leave a comment »
TOP 4 PRESUMPTIONS!
BY ERIC BRICKER, MD
***
***
YOUR COMMENTS APPRECIATED.
HOSPITALS:
Thank You
HEALTHCARE:
***
Filed under: "Doctors Only", Experts Invited, Health Economics, Healthcare Finance, Marketing & Advertising, Practice Management, Quality Initiatives, Videos | Tagged: CEOs, Eric Bricker MD, hospital CEOs, hospital management, hospital quality improvement | Leave a comment »
By Eric Bricker MD
***
***
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Experts Invited, Health Economics, Health Insurance, Healthcare Finance, Quality Initiatives, Videos | Tagged: Eric Bricker MD, hospital margins, Medical Specialties with High Margin Hospital Power | Leave a comment »
By Staff Reporters
***
Alzheimer’s new drug shows promise
Lecanemab, an Alzheimer’s drug from Eisai and Biogen, slowed cognitive decline in patients with early Alzheimer’s by 27% over 18 months in a final-phase trial, the companies said recently.
That rate of decline met the study’s targets and offers hope to the 6 million people in the US with Alzheimer’s that their dementia can be slowed down or delayed. The companies hope lecanemab will fare better commercially than their previous Alzheimer’s drug Aduhelm—which was a flop.
ECONOMIC IMPACT: https://medicalexecutivepost.com/2014/12/06/the-economic-impact-of-alzheimers-disease/
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Breaking News, Drugs and Pharma, iMBA, Inc., Investing, mental health | Tagged: Alzheimer's disease, LECANEMAB, LECANEMAB: Shows Promise for Alzheimer's? | Leave a comment »
***
By Vitaliy Katsenelson CFA
***
| I was having lunch with a close friend of mine. He mentioned that he had accumulated a significant sum of money and did not know what to do with it. It was sitting in bonds, and inflation was eating its purchasing power at a very rapid rate. He is a dentist and had originally thought about expanding his business, but a shortage of labor and surging wages turned expanding into a risky and low-return investment. He complained that the stock market was extremely expensive. I agreed.* |
***
CITE: https://www.r2library.com/Resource/Title/082610254
COMMENTS APPRECIATED.
Subscribe to the Medical Executive-Post.
THANK YOU
***
***
Filed under: "Advisors Only", "Ask-an-Advisor", "Doctors Only", Career Development, Experts Invited, Health Economics, Investing, Videos | Tagged: dentists, Investing, IRRs, real estate, Vitaliy Katsenelson | Leave a comment »
By Health Capital Consultants, LLC
***
***
Law Introduced to Stop Medicare Physician Pay Cuts
On September 13, 2022, Representatives Ami Berra (D-CA-7) and Larry Bucshon (R-IN-8) introduced the Supporting Medicare Providers Act of 2022 (H.R. 8800), which aims to infuse the Medicare Physician Fee Schedule (MPFS) with a 4.42% funding increase for 2023. With a bipartisan coalition of 12 co-sponsors, the bill would have the practical effect of negating the impending 4.42% cut to the MPFS conversion factor. This Health Capital Topics article will review the bill, discuss its support, and examine its potential implications. (Read more…)
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Breaking News, Experts Invited, Health Economics, Health Insurance, Health Law & Policy | Tagged: Madicare pay cuts, medicare | Leave a comment »
A DATA GOLDMINE
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
Filed under: "Doctors Only", Accounting, Breaking News, Career Development, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Healthcare Finance, Information Technology, Videos | Tagged: Change Healthcare, Eric Bricker MD, UHG, United Health Group | Leave a comment »
By Eric Bricker MD
***
***
CITE: https://www.r2library.com/Resource/Title/082610254
COMMENTS APPRECIATED
Thank You
***
***
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
***
Filed under: "Doctors Only", Experts Invited, Glossary Terms, Health Economics, Healthcare Finance, Videos | Tagged: Eric Bricker MD, Medical facility fees, reference based medical pricing, Reference Based Pricing | Leave a comment »
By NIHCM
***
***
READ HERE: https://nihcm.org/assets/articles/NIHCM-ResearchInsights-Singh01.pdf
***
CITE: https://www.r2library.com/Resource/Title/082610254
COMMENTS APPRECIATED
Thank You
***
Filed under: "Advisors Only", "Doctors Only", Accounting, Alternative Investments, Breaking News, Career Development, Investing | Tagged: Impact of Private Equity Acquisition, NIHCM, NIHCM Foundation, Private Equity Acquisition | Leave a comment »
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Ethics, Experts Invited, Health Economics, Health Insurance, Quality Initiatives | Tagged: Eric Bricker MD, nurses, Nurses Go on Strike, nurses strike, strike | 1 Comment »
By Staff Reporters
***
***
Chamath Palihapitiya, the billionaire investor who once claimed to be the next Warren Buffett, is winding down two of his special purpose acquisition companies (SPACs) and returning $1.5 billion to investors. It marks the symbolic end to the SPAC bubble that Palihapitiya is credited with instigating.
***
***
Finally, the Justice Department charged 47 people for allegedly carrying out the single largest Covid relief fraud scheme to date. Feds say that by exploiting a program meant to feed needy Minnesota children, the defendants stole $250 million. Prosecutors say the fraud was committed by a network of individuals connected to the nonprofit Feeding Our Future and was overseen by the nonprofit’s founder, Aimee Bock. Feeding Our Future was one of a handful of organizations Minnesota trusted to oversee the distribution of meals to children in low-income families during the pandemic. Instead, prosecutors allege, the organization operated a “pay-to-play scheme” in which individuals submitted fake meal sites and children’s names, raking in government money with fraudulent invoices.
COMMENTS APPRECIATED
Thank You
***
****
Filed under: "Doctors Only", Accounting, Breaking News, Ethics, Health Insurance, Health Law & Policy, Healthcare Finance, Investing, LifeStyle, Risk Management | Tagged: Aimee Bock, Buffett, Chamath Palihapitiya, covid fraud, Feeding Our Future, fraud | Leave a comment »
***
By Kyle Armbrester
By Eric Bricker MD
ME-P UPDATES
***
PODCAST 2: https://www.youtube.com/watch?v=-1_mBZLsKvU
***
COMMENTS APPRECIATED
Thank You
***
****
Filed under: "Doctors Only", Career Development, Ethics, Experts Invited, Glossary Terms, Health Economics, Health Insurance, iMBA, Inc., Information Technology, Videos | Tagged: Eric Bricker MD, Kyle Armbrester, Signify Health, Signify Health Stock Market Debut | 2 Comments »
***
PHARMACY BENEFITS MANAGER
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Accounting, Career Development, Drugs and Pharma, Ethics, Events-Planner, Funding Basics, Health Economics, Videos | Tagged: Eric Bricker MD, PBM, PBMs, Pharmacy Benefit Mangers, Pharmacy Benefits Managers | Leave a comment »
By Eric Bricker MD
***
DJIA: 32,197.59 at close +436.05 (+1.37%)
NASDAQ: 12,032.42 at close +469.85 (+4.06%)
***
***
COMMENTS APPRECIATED
Thank You
***
CITE: https://www.r2library.com/Resource/Title/082610254
***
Filed under: "Advisors Only", "Doctors Only", Career Development, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Investing, Videos | Tagged: DJIA, Eric Bricker MD, Health Insurance Carrier Stock Performance, Health Insurance Stocks, NASDAQ | 1 Comment »
By Jules Murtha
***
***
Here’s What Doctors Need to Know
The Supreme Court of the United States (SCOTUS) has ruled that doctors must show intent to mis-prescribe opioids in order to face criminal charges.
Source: Jules Murtha, MD Linx [8/26/22]
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Drugs and Pharma, Experts Invited, Practice Management | Tagged: Jules Murtha, OPIOID CRISIS?, prescription drugs, Rx, SCOTUS: Ruled on Opioid Prescriptions | Leave a comment »
By Paige Minemyer
***
***
The AMA and 2 State Medical Societies Join Class-Action Suit Against CIGNA
The American Medical Association (AMA) has joined a class-action lawsuit against Cigna, alleging the insurer underpaid for claims filed by providers in the contracted MultiPlan network. MultiPlan is the country’s largest third-party network, and Cigna contracts with it to access providers. According to the lawsuit, which was initially filed in June, Cigna reimbursed for claims from providers in MultiPlan’s network at its non-participating providers rate rather than at the rate expected for a MultiPlan contract.
As such, the insurer “significantly underpaid claims, and put patients at risk of balance billing,” the plaintiffs claim. “It also breached its fiduciary duties, including its duty to honor written plan terms and its duty of loyalty, because its conduct serves Cigna’s own economic self-interest and elevates Cigna’s interests above the interests of plan member patients,” according to the lawsuit.
Paige Minemyer, Fierce Healthcare [9/13/22]
***
COMMENTS APPRECIATED
Thank You
***
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
***
Filed under: "Doctors Only", Experts Invited, Health Law & Policy, Risk Management | Tagged: AMA, Cigna, lawsuit, Paige Minemyer | Leave a comment »
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
RISK MANAGEMENT: https://www.routledge.com/Risk-Management-Liability-Insurance-and-Asset-Protection-Strategies-for/Marcinko-Hetico/p/book/9781498725989
***
Filed under: "Advisors Only", "Ask-an-Advisor", "Doctors Only", Alternative Investments, Career Development, Experts Invited, Health Law & Policy, Interviews, Investing, Research & Development, Videos | Tagged: Covid-19, Eric Bricker MD, PODCAST: Start-Ups & Healthcare Venture Capital in the COVID-19 Recession, start-ups, Venture Capital | Leave a comment »
By Pete Quinones
***
***
John joins Pete to talk about ways to use entrepreneurship, cryptocurrency and alliances to prevent the medical tyranny that is being thrust upon the world.
***
PODCAST: The Pete Quinones Show: Episode 613: Avoiding This Medical Nightmare w/ John Bush (libsyn.com)
HEALTH INSURANCE: https://www.amazon.com/Dictionary-Health-Insurance-Managed-Care/dp/0826149944/ref=sr_1_4?ie=UTF8&s=books&qid=1275315485&sr=1-4
***
COMMENTS APPRECIATED
Thank You
***
Filed under: "Doctors Only", Career Development, Ethics, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Videos | Tagged: Free Man Beyond the Wall, john bush, Medical Nightmare with John Bush, Pete Quinones | Leave a comment »
***
Cityblock Health has raised $400 million in its latest funding round. This brings the value of the startup to a whopping $5.7 billion. The company focuses on delivering care to patients in marginalized groups, aiming to provide care for 10 million patients by the end of the decade. Two key parts of the company’s strategy is integrating community support into care plans and connecting members with resources and specialized providers.
According to a spokesperson for Cityblock Health, “We can confirm that Cityblock has raised a new round of capital as we continue to accelerate our plans to empower more people across the country more quickly. Millions of marginalized and lower-income people across the U.S., including those who receive their healthcare through Medicaid plans, continue to lack sufficient access to integrated, community-based health services. We are leveraging this investment to reach more people and have an even greater impact.”
To read more, click here.
(Source: Fierce Healthcare, September 7th, 2022)
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Advisors Only", "Doctors Only", Alternative Investments, Experts Invited, Investing, Managed Care | Leave a comment »
As noted on this ME-P previously, surely 9/11 touched each and every American significantly. It was the end of American innocence, sending a powerful message about our place in the world.
Today, almost without exception, each of us can say that because of that bright September morning, we have been changed for life. Mothers were left without sons; brothers without brothers, and friends were taken from friends by this senseless act of violence.
Unfortunately, the ultimate legacy of 9/11 many still bear as they deal with the long-lasting health effects associated these terrorist attacks.
***
***
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:
Filed under: "Doctors Only", Breaking News, Drugs and Pharma, Quality Initiatives | Tagged: 9/11, dust, mesothelioma, World Trade Centre, WTC | 2 Comments »
By Jessie Hellmann
***
***
Doctors are again ramping up what has become a perennial lobbying campaign to urge Congress to increase Medicare payments in order to offset cuts scheduled to go into effect Jan. 1. The cuts, the result of a 2020 Centers for Medicare and Medicaid Services decision to increase payments for underpaid services like primary care and maternal health, are meant to offset the costs of increasing payments for those services.
Without action from Congress, the Medicare conversion factor, which is used to calculate billing codes into payment rates, would see a 4.5 percent cut, amounting to about $3 billion or $4 billion less for providers paid under the Medicare Physician Fee Schedule. As in past years, more expensive specialties like radiology, surgery, and podiatry are estimated to see the largest cuts, ranging from 4 to 7 percent.
Source: Jessie Hellmann, Roll Call [9/7/22]
COMMENTS APPRECIATED
Thank You
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
***
Filed under: "Doctors Only", Accounting, Alerts Sign-Up, Glossary Terms, Health Economics, Health Insurance, Managed Care, Practice Management, Practice Worth | Tagged: Jessie Hellman, medicare, Medicare Payment Bump | Leave a comment »
A New Study
BY ERIC BRICKER MD
****
***
YOUR COMMENTS ARE APPRECIATED.
Thank You
***
Filed under: "Doctors Only", Accounting, Career Development, Ethics, Experts Invited, Health Economics, Health Insurance, Practice Management, Research & Development | Tagged: Eric Bricker MD, Medical Prior Authorization, Medical Pror Approval, Medicare Part B, Prior Approval, Prior Authorization | 3 Comments »
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Advisors Only", "Ask-an-Advisor", "Doctors Only", Accounting, Experts Invited, Health Economics, Health Insurance, Information Technology, Research & Development, Retirement and Benefits, Risk Management, Videos | Tagged: google, Google Starts a Health Insurance Stop-Loss Company, Health Insurance Stop-Loss Company | Leave a comment »
***
7 Best Practices in Reference-Based Pricing Negotiation
By Eric Bricker MD
1) Calculate Extent of Medicare Underpayment
2) Calculate Extent of Medicaid Underpayment
3) Compare Hospital Charity Care to Tax Benefits
4) Threaten to Publish Hospital Prices
5) Publish Email Addresses and Cell Phone Numbers for Hospital Board Members, CEOs and CFOs
6) Have Unions Assist in ‘Persuasion’
7) Threaten to Take Patients to Other States for Free
***
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Accounting, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Healthcare Finance, iMBA, Inc., Videos | Tagged: Eric Bricker MD, PODCAST: Reference Based Pricing Negotiation, Reference Based Pricing | Leave a comment »
Ray Dalio’s ‘How the Economy Works’ Applied to Healthcare … Credit Cycles and Healthcare Policy
By Eric Bricker MD
***
***
CITE: https://www.r2library.com/Resource/Title/0826102549
COMMENTS APPRECIATED
Thank You
Subscribe to the Medical Executive-Post
***
***
Filed under: "Doctors Only", Career Development, Experts Invited, Health Economics, Health Law & Policy, Videos | Tagged: credit, credit cycles, Credit Cycles and Healthcare Policy, Dalio, Eric Bricker MD, healthcare policy, How the Economy Works in Healthcare, Ray Dalio | Leave a comment »
***
By Health Capital Consultants, LLC
***
***
| VALUATIONS | |
Valuation of Remote Therapeutic Monitoring: Reimbursement Environment
The U.S. government is the largest payor of medical costs, through Medicare and Medicaid, and has a strong influence on physician reimbursement. In 2020, Medicare and Medicaid accounted for an estimated $829.5 billion and $671.2 billion in healthcare spending, respectively.
The prevalence of these public payors in the healthcare marketplace often results in their acting as a price setter, and being used as a benchmark for private reimbursement rates. (Read more…)
***
COMMENTS APPRECIATED
Thank You
***
****
Filed under: "Doctors Only", Accounting, Experts Invited, Health Insurance, Health Law & Policy, Healthcare Finance | Tagged: Health Capital Consultants LLC, Valuation of Remote Therapeutic Monitoring [Reimbursement Environment], Valuation of Remote Therapeutic Monitoring [Reimbursement Environment]. | Leave a comment »
By Eric Bricker MD
***
As a result of SDOH problems, Johns Hopkins Hospital Trains Doctors That Have a Ton of Exposure to Diseases That Result from These Social Determinants of Health: 1) Endocarditis, 2) Hepatitis C, 3) HIV, 4) Pancreatitis, 5) Liver Cirrhosis, 6) Diabetes, 7) Heart Attack, 8) Stroke, 9) Infections, 10) Cancer, 11) Spinal Injuries, 12) Dialysis, 13) Diabetic Ketoacidosis and 14) Hypertensive Emergencies.
Johns Hopkins Hospital Also Loses Money When Treating These Diseases Caused by Social Determinants of Health.
CITE: https://www.r2library.com/Resource/Title/0826102549
***
***
MORE: PODCAST: Social Determinants of Health
Mental: Social Determinants of Mental Health
Related: “Social Determinants of Health”
***
BUSINESS MEDICINE: https://www.amazon.com/Business-Medical-Practice-Transformational-Doctors/dp/0826105750/ref=sr_1_9?ie=UTF8&qid=1448163039&sr=8-9&keywords=david+marcinko
***
HEALTH INSURANCE: https://www.amazon.com/Dictionary-Health-Insurance-Managed-Care/dp/0826149944/ref=sr_1_4?ie=UTF8&s=books&qid=1275315485&sr=1-4
****
Filed under: "Doctors Only", Career Development, Ethics, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Healthcare Finance, LifeStyle, Managed Care, Videos | Tagged: Eric Bricker MD, JHU, Johns Hopkins University, SDOH, Social Determinants of Health | 1 Comment »
By Health Capital Consultants, LLC
***
***
FTC Discourages Certificates of Public Advantage Laws
On August 15, 2022, the Federal Trade Commission (FTC) published a policy paper and fact sheet regarding the use of Certificates of Public Advantage laws (COPAs) by states in regulating healthcare mergers. Specifically, the FTC asserts that COPAs can negatively impact healthcare costs, quality of care, and hospital staff wages.
This Health Capital Topics article will discuss the policy paper and how this publication appears to fit in with the FTC’s recent moves to increase competition in healthcare.(Read more…)
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Experts Invited, Health Insurance, Health Law & Policy, Healthcare Finance | Tagged: COPA, COPA Laws, FTC, Health Capital Consultants LLC | Leave a comment »
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
****
Filed under: "Doctors Only", Career Development, Experts Invited, Health Insurance, Healthcare Finance, Information Technology, Insurance Matters, Videos | Tagged: chen, chen med, chen-med, Eric Bricker MD, PODCAST: Primary Care Innovation at Chen Med, PODCAST: Primary Care Innovation at Scale [ChenMed], primary care, primary care innovation, Primary Care Innovation at Scale | 2 Comments »
Understand Diminishing Returns and Opportunity Costs
By Eric Bricker MD
***
***
CITE: https://www.r2library.com/Resource/Title/082610254
Diminishing Returns: https://medicalexecutivepost.com/2010/10/26/higher-spending-on-healthcare-doesnt-always-deliver-quality/
COMMENTS APPRECIATED
Thank You
Subscribe to the Medical Executive-Post
***
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
***
Filed under: "Doctors Only", Career Development, Experts Invited, Glossary Terms, Health Economics, Videos | Tagged: Diminishing Returns, Eric Bricker MD, Health Economics, healthcare economics, Healthcare Service and Sacrifice, opportunity costs | Leave a comment »
Using Court System to Change Healthcare
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Accounting, Career Development, Ethics, Glossary Terms, Health Economics, Health Insurance, Health Law & Policy, Videos | Tagged: Antitrust Violations, Eric Bricker MD, Fairmark Partners, Large Hospital Systems, Suing Large Hospital Systems, Suing Large Hospital Systems for Antitrust Violations | Leave a comment »
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
HEALTH INSURANCE: https://www.amazon.com/Dictionary-Health-Insurance-Managed-Care/dp/0826149944/ref=sr_1_4?ie=UTF8&s=books&qid=1275315485&sr=1-4
**
Filed under: "Doctors Only", Career Development, Ethics, Experts Invited, Glossary Terms, Health Economics, Health Insurance, iMBA, Inc., Videos | Tagged: Eric Bricker MD, health plans, Principle-Agent Problems, Principle-Agent Problems in Employee Health Plans | 1 Comment »
By Joe Hannan
***
Key Takeaways
President Biden’s student loan forgiveness plan may offer some relief to residents, but many attending physicians will not be eligible.
Source: Joe Hannan, MD Linx [8/26/22]
COMMENTS APPRECIATED
Thank You
***
CITE: https://www.r2library.com/Resource/Title/082610254
***
Filed under: "Doctors Only", Breaking News, Career Development, Funding Basics, Glossary Terms | Tagged: Student Loan Forgiveness Means for Doctors, What President Biden’s Student Loan Forgiveness Means for Doctors | Leave a comment »
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Career Development, Ethics, Experts Invited, iMBA, Inc., Managed Care, Practice Management | Tagged: Eric Bricker MD, hospital steerage, Hospitals Block Guiding Patients, medical steerage | Leave a comment »
***
By Darrell Pruitt DDS
***
Today I was on the witness stand in a Dallas County courthouse for 2 hours testifying as an expert witness in an injury case involving a dentist who failed to pay attention to a patient’s safety. The three year old girl was brought into the dental operatory while hugging her mom, face-to-face. The mom and child were in that same position when they were seated in the dental chair – with the child’s legs straddling her mom’s waist, and extending a few inches beyond the back of the chair.
The dentist entered the operatory and reclined the chair by pushing a button on the control module. The hinge mechanism severely pinched the child’s right foot, breaking all 5 metatarsals. She will have problems with her foot the rest of her life.
The lesson, Doc: Never ever recline a dental chair unless all limbs are visibly clear of pinch points.
***
COMMENTS APPRECIATED
Thank You
***
Filed under: "Doctors Only", Experts Invited, Pruitt's Platform, Risk Management | Tagged: Darrell Pruitt DDS, dental, dental witness stand | Leave a comment »
By Eric Bricker MD
***
Six [6] Commission Relationships in Healthcare:
Learn Who is Paying Whom
***
***
COMMENTS APPRECIATED
Thank You
***
BUSINESS OF 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
***
Filed under: "Advisors Only", "Doctors Only", Accounting, Alerts Sign-Up, Ethics, Experts Invited, Health Insurance, Health Law & Policy, Healthcare Finance, Videos | Tagged: commission, commissions, healthcare commissions, PODCAST: Six 6 Commission Relationships in Health | Leave a comment »
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
***
Filed under: "Doctors Only", Accounting, Career Development, Experts Invited, Health Economics, Healthcare Finance, Managed Care, Videos | Tagged: Eric Bricker MD, hip replacements, orthopedic surgery, Orthopedic Surgery Payment Changes in Total Knee and Hip Replacements, payment changes, PODCAST: Orthopedic Surgery Payment Changes in Total Knee and Hip Replacements, total knee | Leave a comment »
***
By Eric Bricker MD
***
***
COMMENTS APPRECIATED
Thank You
***
AMA ECONOMICS: https://medicalexecutivepost.com/2022/08/01/ama-to-teach-medical-students-about-health-economics/
Health Economics: https://medicalexecutivepost.com/2022/07/31/podcast-history-applied-to-health-economics/
***
Filed under: "Doctors Only", Career Development, Ethics, Experts Invited, Health Economics, Health Insurance, Healthcare Finance, Managed Care, Op-Editorials, Videos | Tagged: Eric Bricker MD, Health Economics, Health Insurance, Hospital CFOs, Hospital Revenue Per Doctor | Leave a comment »
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 