IN SHORT
By FMG, LLC
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Filed under: Events-Planner, Experts Invited, iMBA, Inc., Investing | Tagged: FMG, how stocks work?, LLC, stock investing, stocks | Leave a comment »
IN SHORT
By FMG, LLC
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Filed under: Events-Planner, Experts Invited, iMBA, Inc., Investing | Tagged: FMG, how stocks work?, LLC, stock investing, stocks | Leave a comment »
NOT Absolutely 100% Safe – But Much Saf[er]?
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Filed under: iMBA, Inc., Quality Initiatives | Tagged: corona classrooms, pandemic classrooms, safe class rooms | Leave a comment »
Safety Measures to Date?
By Anonymous
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Filed under: iMBA, Inc. | Tagged: class room, corona, corona school safety, pandemic | Leave a comment »
The CDC has finally acknowledged that the coronavirus can be airborne
The news: The US Centers for Disease Control and Prevention has updated its guidelines to acknowledge that the coronavirus can be spread by tiny particles that linger in the air. The agency said it took the decision due to the mounting evidence that people with covid-19 can infect people even if they are more than six feet away, or shortly after the infected person left the area. These cases all occurred in poorly ventilated and enclosed spaces, and often involved activities that cause heavier breathing, like singing or exercise.
The significance: Evidence that airborne transmission is occurring has been mounting for months. The WHO still has not recognized airborne transmission as a significant factor in the pandemic and the CDC’s slowness to acknowledge it has caused frustration among aerosol researchers, some of whom say it is the main route for infections. The CDC maintains it only occurs in “limited, uncommon” circumstances. Airborne transmission has become a topic of fierce contention, partly due to the fact it makes it far riskier to reopen spaces like restaurants, gyms, bars, schools, and offices.
What do we do now? The CDC advises that people stay at least six feet away from others, wear a mask that covers their nose and mouth, frequently wash their hands, clean high-touch surfaces often, and stay home when they are feeling sick. However, the implications of airborne transmission mean the CDC perhaps ought to shift its emphasis and go further, advising people to properly ventilate buildings, limit the number of people indoors at any given time while encouraging them to stay further apart and masked, and try to socialize outdoors where possible. Read the full story.
THANK YOU
Filed under: iMBA, Inc., LifeStyle | Tagged: corona virus | Leave a comment »
By Chad Mulvany
President Trump has signed into law the HR 8337, Short Term Continuing Resolution (CR) to fund the government through December 11.
The president’s action was expected after the Senate passed the bill earlier this week. Both sides of the aisle are eager to avoid a government shutdown prior to the election Nov. 3 and in the middle of a public health emergency.
The legislation includes provisions that relax the terms of the Medicare Advanced and Accelerated Payment Program (AAP) loans.
Now that the CR is signed into law, the AAP loan terms increased the repayment period to 29 months before a demand letter is submitted. During the 29-month period, there would be no claims offset for the first 12 months, a 25% payment offset for the next 11 months, and 50% offset for the final six months. The legislation would also reduce the interest rate applied to any funds outstanding after the initial 29-month period to 4%.
Source: Chad Mulvany
Healthcare Financial Management Association [10/1/20]
Filed under: iMBA, Inc. | Leave a comment »
Waived Co-Pays for United Healthcare Medicare Advantage Plans
By Jessica M. Wade, MHA, Practice Manager
Just to clarify, the UHC copay waiver info is listed clearly on the UHC website as follows:
“Members will have a $0 copay for covered primary care provider (PCP) and specialist physician services, as well as other covered services (listed below) between May 11, 2020 until September 30, 2020″. By lowering our PCP and specialist copays to $0, along with our telehealth cost-share waiver, we hope to help make it easier for you to access care”
Services included
The following services, if covered by your plan, are eligible for a $0 copay under the cost-share waiver, but do not include diagnostic tests and certain other services.
• Primary care provider (PCP) office visits
• Specialist physician office visits
• Physician assistant or nurse practitioner office visits
• Medicare-covered chiropractic and acupuncture services
• Medical and Podiatry services and routine eye and hearing exams
• Physical therapy, occupational therapy and speech therapy
• Cardiac and pulmonary rehabilitation services
• Outpatient mental health and substance abuse visits
• Opioid treatment services
The $0 copay applies to services from a network provider and out-of-network services covered by the plan. Member cost-share is not waived for the
following services, unless they are related to COVID-19 testing or treatments:
• Lab and Diagnostic tests (radiological and non-radiological)
• Part B and Part D drugs
• Durable Medical Equipment, Prosthetics, Orthotics and Supplies
• Renal Dialysis
• Other services not covered by your plan
Co-pays, co-insurance and deductibles for services in the following settings are not waived. Members will be responsible for their share of the cost under their benefit:• Inpatient hospital and Outpatient surgery or observation services.
• Skilled Nursing Facilities
• Emergency, Urgent and Ambulance services
Furthermore, reimbursement is based on the Medicare fee schedule as these plans waiving copay are Medicare Advantage plans and subject
to Medicare guidelines and reimbursement models.
THANK YOU
Filed under: iMBA, Inc. | Tagged: corona virus, Medicare Advantage, Medicare Part C, UHG, United Healthcare | 3 Comments »
CMS Includes Several Changes in OPPS Proposed Rule
By Health Capital Consultants, LLC
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On August 4, 2020, CMS released the latest in a series of recently-published proposed rules, the Outpatient Prospective Payment System (OPPS) and Ambulatory Surgical Center (ASC) proposed rule for fiscal year (FY) 2021.
This proposed rule builds upon executive orders such as “Protecting and Improving Medicare for Our Nation’s Seniors,” signed by President Trump in October 2019 and Trump Administration initiatives such as “Patients Over Paperwork.” In a press release, CMS highlighted the proposed rule’s focus on increasing competition among providers to give patients more choice, lowering out-of-pocket surgery costs, increasing provider flexibility, and allowing patients to make more informed decisions about their care. (Read more…)
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Filed under: iMBA, Inc. | Tagged: CMS, OPPS | Leave a comment »
Stages of COVID-19 Vaccine Development in Humans
By staff reporters
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Filed under: iMBA, Inc. | Tagged: COVID-19 Vaccine Development | Leave a comment »
Three Ways to Discuss
By staff reporters
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THANK YOU
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Filed under: Health Insurance, Health Law & Policy, iMBA, Inc. | Tagged: public health | Leave a comment »
By staff reporters
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MORE: https://medicalexecutivepost.com/2020/04/13/stroke-cva/
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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
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Filed under: iMBA, Inc., LifeStyle | Tagged: CVA, stroke | Leave a comment »
WHAT IS “ANOSMIA”
By Darrell Pruitt DDS and David E. Marcinko MBBS, MBA
Anosmia, also known as smell blindness, is the loss of the ability to detect one or more smells. Anosmia may be temporary or permanent. It differs from Hyposmia which is a decreased sensitivity to some or all smells.
According to Wikipedia, Anosmia can be due to a number of factors, including an inflammation of the nasal mucosa, blockage of nasal passages or a destruction of one temporal lobe. Inflammation is due to chronic mucosa changes in the lining of the paranasal sinus and in the middle and superior turbinates. When anosmia is caused by inflammatory changes in the nasal passageways, it is treated simply by reducing inflammation. It can be caused by chronic meningitis and neurosyphilis that would increase intracranial pressure over a long period of time, and in some cases by ciliopathy, including ciliopathy due to primary ciliary dyskinesia. The term derives from the New Latin anosmia, based on Ancient Greek ἀν- (an-) + ὀσμή (osmḗ, “smell”; another related term, hyperosmia, refers to an increased ability to smell). Some people may be anosmic for one particular odor, a condition known as “specific anosmia”. The absence of the sense of smell from birth is known as congenital anosmia.
Ageusia is the loss of taste functions of the tongue, particularly the inability to detect sweetness, sourness, bitterness, saltiness, and umami. It is sometimes confused with anosmia – a loss of the sense of smell. Because the tongue can only indicate texture and differentiate between sweet, sour, bitter, salty, and umami, most of what is perceived as the sense of taste is actually derived from smell. True Ageusia is relatively rare compared to Hypogeusia – a partial loss of taste – and Dysgeusia – a distortion or alteration of taste.
ASSESSMENT:
If you should suddenly lose your sense of smell (anosmia), you might want to get tested for COVID-19 – even without the presence of other symptoms.
“A majority of COVID-19 patients experience some level of anosmia, most often temporary. Analyses of electronic health records indicate that COVID-19 patients are 27 times more likely to have smell loss but are only around 2.2 to 2.6 times more likely to have fever, cough or respiratory difficulty, compared to patients without COVID-19.”
See: “How COVID-19 Causes Loss of Smell – Olfactory support cells, not neurons, are vulnerable to novel coronavirus infection.” By Kevin Jiang for Harvard Medical School, July 24, 2020.
https://hms.harvard.edu/news/how-covid-19-causes-loss-smell
Your thoughts and comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
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Filed under: Glossary Terms, Health Insurance, iMBA, Inc., Pruitt's Platform, Touring with Marcinko | Tagged: AGEUSIA, ANOSMIA, corona, Corvid-19, D. Kellus Pruitt DDS, David Edward Marcinko, DYSGEUSIA, HYPERSOMIA, HYPOGEUSIA, pandemic | Leave a comment »
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 »
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 »
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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 »
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
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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 »
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Filed under: iMBA, Inc. | Tagged: ABFAS, ABPS, Podiatry Board Exams, PodiatryPrep | 5 Comments »
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
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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
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Filed under: Financial Planning, Glossary Terms, iMBA, Inc. | Tagged: Velocity Money | Leave a comment »
CIRCA: 202-2016
By staff reporters
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BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
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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
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Filed under: iMBA, Inc. | 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
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Filed under: iMBA, Inc. | Tagged: MRIs, x rays; CT scans | Leave a 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 »
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 »
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 »
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:
THANK YOU
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Filed under: iMBA, Inc. | Tagged: Corona first responders, Covid-19 | Leave a 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 »
Filed under: Financial Planning, iMBA, Inc., Investing, Portfolio Management | Tagged: Daivd Marcinko, Free consultations, iMBA, Inc., second opinions | Leave a comment »
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
THANK YOU
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Filed under: iMBA, Inc. | Tagged: Epidemiology, public health denominator, public health numerator | Leave a comment »
Human Health Behavior and COVID-19 Thoughts
Courtesy: www.CertifiedMedicalPlanner.org
Here are 3 theories and 1 “rule” for the healthcare industrial complex that may help explain how the sector may not work correctly; from trauma, to epidemiology and to Corona; all the time.
1 – Berkson’s Paradox: Strong correlations can fall apart when combined with a larger population.
For example, among motorcycle crash victims wearing helmets are more likely to be seriously injured than those not wearing helmets. But, that’s because most crash victims saved by helmets did not need to become hospital patients, and those without helmets are more likely to die before becoming a hospital patient.
2 – Group Attribution Error: Incorrectly assuming that the views of a group member, like a physician, reflect those of the whole group in a different discipline.
3 – Baader-Meinhof Phenomenon: Noticing an idea or word every where you look as soon as it’s brought to your attention in a way that makes you overestimate its prevalence.
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LINK:
The 90-9-1 Rule: In social media networks, 90% of users just read content, 9% of users contribute a little content, and 1% of users contribute almost all the content.
QUERY: Does Social Media really give a false impression of what ideas are popular or “average.”
THINK: Corona Virus?
ASSESSMENT: Your thoughts and comments are appreciated.
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TEXTS FOR PHYSICIAN EXECUTIVES:
THANK YOU
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Filed under: Health Economics, Health Insurance, Healthcare Finance, iMBA, Inc., Quality Initiatives | Tagged: Baader-Meinhof Phenomenon, Berkson’s Paradox:, corona virus, Group Attribution Error, The 90-9-1 Rule | 2 Comments »
Office Fire Drills
By Dr. David E. Marcinko MBA
Fire Drills should be performed at least annually and documented.
When first opening an office or when a new employee is brought onboard, staff need to be trained on the use of a fire extinguisher, location of the nearest fire extinguisher and location of alarm pull station (if any) on the first day. Training should be documented and placed in the employee file.
Generally speaking, a fire extinguisher is required every 75 feet in office space and be the appropriate type for the nature of business and equipment in use. Most offices use a multi-purpose ABC extinguisher that can be used on most types of fires.
The types of fires are listed below:
EXTINGUISHERS
Carbon Dioxide (CO2) extinguishers can be used for class B and C fires. These extinguishers are highly pressurized and are best suited for electrical or computer equipment. They have an advantage over dry chemical extinguishers for this use since they do not leave damaging residue. However, they are not effective for Class A fires.
It is important to know which type of extinguisher is best for the office and equipment since using the wrong type can be critical in an emergency.
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THE EMERGENCY LIST:
At a minimum, a physician office should have a safety program that addresses the following in the event of an emergency:
If you are in an area susceptible to weather emergencies such as tornadoes, the emergency plan should address these as well.
Assessment: Your thoughts are appreciated
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Filed under: iMBA, Inc., Insurance Matters, Practice Management | Tagged: David Marciniko, Medical Office Fire Drills | Leave a comment »
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Filed under: iMBA, Inc. | Tagged: corona virus, Covid-19, Vitaliy Katsenelson CFA | 1 Comment »
R.I.P Jack Welch and Freeman Dyson
By Dr. David E. Marcinko MBA
I studied both these management icons in business and graduate school. Then, I modified their ideas for my own medical practice and related corporate business entities.
Later, I ported their styles into the healthcare industrial complex and continue to stream line them into my academic professional university endeavors. Many thanks to you both!
Freeman Dyson in his Own Words
Jack Welch, Legendary CEO of General Electric, Dies at Age 84
LINK: https://www.wsj.com/articles/jack-welch-legendary-ceo-of-general-electric-dies-at-age-84-11583158270
Assessment: Your thoughts are appreciated
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Filed under: iMBA, Inc. | Tagged: Jack Welch | 2 Comments »
Modern Corono Virus Thoughts?
By: http://www.CertifiedMedicalPlanner.org
Here are a few theories of human behavior for the healthcare industrial complex that might help explain how sector thoughts may not work correctly; all the time.
WHY: Perhaps they might be considered in light of the CorVid-19epidemic?
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Erkson’s Paradox: Strong correlations can fall apart when combined with a larger population. For example, among motorcycle crash victims wearing helmets are more likely to be seriously injured than those not wearing helmets. But, that’s because most crash victims saved by helmets did not need to become hospital patients, and those without helmets are more likely to die before becoming a hospital patient.
Group Attribution Error: Incorrectly assuming that the views of a group member, like a physician, reflect those of the whole group in a different discipline.
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Baader-Meinhof Phenomenon: Noticing an idea or word everywhere you look as soon as it’s brought to your attention in a way that makes you overestimate its prevalence.
The 90-9-1 Rule: In social media networks, 90% of users just read content, 9% of users contribute a little content, and 1% of users contribute almost all the content.
QUERY: Does Social Media give a false impression of what ideas are popular or “average.”
ASSESSMENT: Your thoughts and comments are appreciated.
TEXTS FOR PHYSICIAN EXECUTIVES:
THANK YOU
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Filed under: Ethics, Glossary Terms, iMBA, Inc. | Tagged: 90-9-1 Rule, Baader-Meinhof Phenomenon, Erkson’s Paradox, Group Attribution Error | Leave a comment »
FEBRUARY 2020 AJPHBy Alfredo Morabia, MD, PhD Editor-in-chief, AJPH Dear Dr. David Marcinko, |
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| This month, AJPH has a collection of articles on ending the HIV epidemic, population health and telemedicine services.
New! Enjoy the current issue of AJPH on your mobile device. Download the e-Reader or Kindle version today. Here are a few of the many articles in the February 2020 issue: |
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| Also, don’t miss our just released supplement on Documenting and Addressing the Health Impacts of Carceral Systems. It’s full of timely and insightful articles on mass incarceration and related topics.
The mission of AJPH is to advance public health research, policy, practice and education. Toward that goal, the journal also produces monthly podcasts available in English, Spanish and Chinese at ajph.org. The monthly podcasts also are on iTunes and Google Play. Be on the lookout for more timely research from AJPH, and consider subscribing or becoming an APHA member for full access. Thank you and Happy New Year 2020 |

| Alfredo Morabia, MD, PhD
Editor-in-chief, AJPH |
Filed under: Experts Invited, Health Law & Policy, iMBA, Inc. | Tagged: Alfredo Morabia, MD, PhD, Role of Pleasure in Public Health | Leave a comment »
Of STOCKMARKET Bear Markets
Update Courtesy: http://www.CertifiedMedicalPlanner.org
28,992.41 ▼ -227.57
A Bull market is one of rising stock prices, while a Bear market is the opposite. More specifically, a Bear market is defined as a drop of 20% or more from its high, and can vary in duration and severity. While a Bull market has no such threshold.
Whither the Bear?
Typically, bear markets are associated with declines in an overall market or index like the S&P 500, but individual securities or commodities can be considered to be in a bear market over a sustained period of time – typically two months or more.
ESSAY: https://medicalexecutivepost.com/2018/12/22/stocks-and-sectors-in-bear-territory/
Now, a Minsky moment is a sudden major collapse of asset values which is part of the credit cycle or business cycle. Such moments occur because long periods of prosperity and increasing value of investments lead to increasing speculation using borrowed money
ESSAY: https://medicalexecutivepost.com/2018/11/16/what-is-a-minsky-moment/
And so, what is a physician-investor to do in a bear market?
9,576.59 ▼ -174.38 -1.79%
ESSAY: https://medicalexecutivepost.com/2016/03/18/doctors-and-bull-and-bear-markets/

MORE: https://realinvestmentadvice.com/the-return-of-the-minsky-moment/
Your thoughts and comments are appreciated.
BUSINESS, FINANCE AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
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Filed under: iMBA, Inc. | Leave a comment »
Alternate Site Drug Spend Sector Distribution
[By staff reporters]
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Filed under: iMBA, Inc. | Tagged: Alternate Drug Site Spend Sector Distribution, Non-Acute Pharmaceutical Spending | Leave a comment »
More on Epidemiology and Health Economics
Courtesy: www.CertifiedMedicalPlanner.org
We’ve talked about the “Number Needed to Treat”, before.
QUERY: But, what is the “Number Needed to Harm”?
ANSWER: The number needed to harm (NNH) is an epidemiological measure that indicates how many persons on average need to be exposed to a risk factor over a specific period to cause harm in an average of one person who would not otherwise have been harmed.
Colleague Aaron Carroll MD explains even more.
PODCAST: https://www.youtube.com/watch?v=e_ytF2-4NkI
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MORE: https://www.youtube.com/watch?v=90CWXT5zxjw
Conclusion: Your thoughts are appreciated.
TEXTS FOR PHYSICIAN EXECUTIVES AND HOSPITAL CXOs:
THANK YOU
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Filed under: Glossary Terms, iMBA, Inc., Research & Development | Tagged: NNTH, Number Needed TO Harm | Leave a comment »
On “WHAT’S-WHAT” and more!
Is there a Difference? – Know the Difference!
DEDUCTIVE reasoning and logic is the process of reasoning from one or more statements (premises) to reach a logically certain conclusion. Deductive reasoning goes in the same direction as the conditionals, and links premises with conclusions. If all premises are true, the terms are clear, and the rules of deductive logic are followed, then the conclusion reached is necessarily true.
INDUCTIVE reasoning is a method in which the premises are viewed as supplying some evidence for the truth of the conclusion. While the conclusion of a deductive argument is certain, the truth of the conclusion of an inductive argument may be probable, based upon the evidence given. Many dictionaries define inductive reasoning as the derivation of general principles from specific observations, though there are many inductive arguments that do not have that form.
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SEMANTICALLY NULL doesn’t mean anything but is grammatically sound. A sentence as a whole can be semantically null because its internal inconsistencies prevent it from developing a meaning; ie., “I know what’s what?
An EXPLETIVE is a word or phrase inserted into a sentence that is not needed to express the basic meaning of the sentence. It is regarded as semantically null or a place holder.
A SYLLOGISM is a form of reasoning in which a conclusion is drawn (whether validly or not) from two given or assumed propositions (premises), each of which shares a term with the conclusion, and shares a common or middle term not present in the conclusion (e.g., all dogs are animals; all animals have four legs; therefore all dogs have four legs). This school of epistemology is highly advanced in syllogism and logical reasoning.
MORE: https://medicalexecutivepost.com/2019/05/14/what-is-epistemic-ambivalence/
MORE: https://medicalexecutivepost.com/2019/12/23/rationalism-versus-empiricism/
Conclusion: Your thoughts are appreciated.
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Filed under: Glossary Terms, iMBA, Inc. | Tagged: Epistemic ambivalence, expletive, inductive and deductive reasoning, logic, semantically null | Leave a comment »
FOR ALL … ALL!
[By staff reporters]
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Filed under: iMBA, Inc. | Tagged: medical quality, medical quality improvement | Leave a comment »
A SYNOPSIS OF MY ADVISORY FEES & CONSULTING BUSINESS MODEL
Courtesy: https://lnkd.in/eVGcji5
[Authentic Consulting for Physicians & Medical Colleagues]
My fee is $250 per hour prorated, so you only pay for the time used. This fee covers almost any medical practice management, insurance and risk management, personal financial planning or investment related topic, including document review, phone or Skype® consultation, research and/or written investment strategies.
MODEL: https://lnkd.in/eVWcyaq
IOW: No high water marks, no claw-back fees, sales or commissions, front or back end loads, 12[b]-1 fees or Assets Under Management [AUM] charges; etc. “Pay-as-you-Go”; period! Client Centricity.
TOPICS: https://lnkd.in/e7WrDj9
2nd OPINIONS: https://lnkd.in/dw7FHyP
INVITE: https://lnkd.in/e3-SFmb Your thoughts are appreciated.
CONTACT: Ann Miller RN MHA CMP® PHONE: 770-448-0769
EMAIL: MarcinkoAdvisors@msn.com
BUSINESS, FINANCE, INVESTING & INSURANCE TEXTS FOR DOCTORS:
THANK YOU
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Filed under: iMBA, Inc., Touring with Marcinko | Tagged: David Marcinko MBA, Marcinko | Leave a comment »
DOCTOR COLLEAGUES BEWARE = HARD “SELLING” FINANCIAL ADVICE
Courtesy: https://lnkd.in/eBf-4vY
Please Know – It’s all about Sales, Sales and Sales!
Steve Forbes, editor of the well-respected financial publication Forbes Magazine, once said:
“You make more selling advice than following it. It’s one of the things we count on in the magazine business, along with the short memory of our readers.”
ESSAY: https://lnkd.in/ebGmB7W
MORE: https://lnkd.in/er8tQ8y
Assessment: Your thoughts are appreciated.
BUSINESS, FINANCE, INVESTING & INSURANCE TEXTS FOR DOCTORS:
THANK YOU
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Filed under: iMBA, Inc. | Leave a comment »
U.S.A BUSINESS CYCLE REPORT 2019
Courtesy: www.CertifiedMedicalPlanner.org
[Pictographic Presentation for December 2019]
Constructed and presented by Nick Reece CFA of MERK Investments LLC., and Research.
GRAPHIC CHART BOOK: MR
Your thoughts are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
Filed under: Experts Invited, iMBA, Inc. | Tagged: U.S.A BUSINESS CYCLE REPORT 2019 | Leave a comment »
A Picto-Graphic Presentation
Courtesy: www.CertifiedMedicalPlanner.org
Constructed and presented by Nick Reece CFA of MERK Investments LLC., and Research.
CHART BOOK: 2019-12-18-merk-business-cycle-chart-book
Your thoughts are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:




THANK YOU
Filed under: iMBA, Inc. | Tagged: business cycle. investing cycle | Leave a comment »
PHILOSOPHY – What is Knowledge?
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MORE: https://medicalexecutivepost.com/2019/05/14/what-is-epistemic-ambivalence/
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Filed under: iMBA, Inc., LifeStyle | Tagged: Empiricism, epistemology, Rationalism | Leave a comment »
Portfolio Asset Allocations
By PGIM Investments
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Assessment: Your thoughts are appreciated.
BUSINESS, FINANCE, INVESTING & INSURANCE TEXTS FOR DOCTORS:
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THANK YOU
Filed under: iMBA, Inc. | Tagged: baby boomers, Gen X, Millennials | Leave a comment »
Sponsor Distribution for 2018
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Conclusion
Your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.
Link: http://feeds.feedburner.com/HealthcareFinancialsthePostForcxos
Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com
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Filed under: Health Economics, Health Insurance, iMBA, Inc. | Tagged: National Health Care Spending, www.MCOL.com | Leave a comment »
iMBA IS NOW OFFERING FREE FINANCIAL & BUSINESS ADVISORY CONSULTATIONS
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