As a former Dean and appointed University Professor and Endowed Department Chair, Dr. David Edward Marcinko MBA was a NYSE broker and investment banker for a decade who was respected for his unique perspectives, balanced contrarian thinking and measured judgment to influence key decision makers in strategic education, health economics, finance, investing and public policy management.
Dr. Marcinko is originally from Loyola University MD, Temple University in Philadelphia and the Milton S. Hershey Medical Center in PA; as well as Oglethorpe University and Emory University in Georgia, the Atlanta Hospital & Medical Center; Kellogg-Keller Graduate School of Business and Management in Chicago, and the Aachen City University Hospital, Koln-Germany. He became one of the most innovative global thought leaders in medical business entrepreneurship today by leveraging and adding value with strategies to grow revenues and EBITDA while reducing non-essential expenditures and improving dated operational in-efficiencies.
Professor David Marcinko was a board certified surgical fellow, hospital medical staff President, public and population health advocate, and Chief Executive & Education Officer with more than 425 published papers; 5,150 op-ed pieces and over 135+ domestic / international presentations to his credit; including the top ten [10] biggest drug, DME and pharmaceutical companies and financial services firms in the nation. He is also a best-selling Amazon author with 30 published academic text books in four languages [National Institute of Health, Library of Congress and Library of Medicine].
Dr. David E. 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 2010. He is a Federal and State court approved expert witness featured in hundreds of peer reviewed medical, business, economics trade journals and publications [AMA, ADA, APMA, AAOS, Physicians Practice, Investment Advisor, Physician’s Money Digest and MD News] etc.
Later, Dr. Marcinko was a vital and recruited BOD member of several innovative companies like Physicians Nexus, First Global Financial Advisors and the Physician Services Group Inc; as well as mentor and coach for Deloitte-Touche and other start-up firms in Silicon Valley, CA.
As a state licensed life, P&C and health insurance agent; and dual SEC registered investment advisor and representative, Marcinko was Founding Dean of the fiduciary and niche focused CERTIFIED MEDICAL PLANNER® chartered professional designation education program; as well as Chief Editor of the three print format HEALTH DICTIONARY SERIES® and online Wiki Project.
Dr. David E. Marcinko’s professional memberships included: ASHE, AHIMA, ACHE, ACME, ACPE, MGMA, FMMA, FPA and HIMSS. He was a MSFT Beta tester, Google Scholar, “H” Index favorite and one of LinkedIn’s “Top Cited Voices”.
Marcinko is “ex-officio” and R&D Scholar-on-Sabbatical for iMBA, Inc. who was recently appointed to the MedBlob® [military encrypted medical data warehouse and health information exchange] Advisory Board.
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News Alloy.com,
and Congress.org
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If They Speak Out About Lack of Gear
By Staff Reporters
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LINK:
Your thoughts are appreciated
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Filed under: Health Economics, Health Insurance, Health Law & Policy, Practice Management | Tagged: corona virus, fired doctors, fired nurses, pandemic unemployment | Leave a comment »
Comparison with Commonalities
By Staff reporters
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Filed under: Drugs and Pharma | Tagged: BioNet, corona vaccine, corona virus, Moderna | 1 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.
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Filed under: iMBA, Inc., LifeStyle | Tagged: corona virus | 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.
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Filed under: iMBA, Inc. | Tagged: corona virus, Medicare Advantage, Medicare Part C, UHG, United Healthcare | 3 Comments »
Positive -OR- Negative
By CDC
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Filed under: LifeStyle | Tagged: CDC, Corona tests, corona virus | 1 Comment »
Vagus Nerve Stimulation To Inhibit Covid -19 “Cytokine Storm“
By staff reporters
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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: "Doctors Only", LifeStyle | Tagged: corona virus, Covid-19, Cytokine Storm, Vagus Nerve Stimulation | Leave a comment »
Now – Do You Get It?
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Filed under: LifeStyle | Tagged: corona virus, Covid-19, pandemic, sneeze, sneezing | 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 »
Unemployment
By staff reporters
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Filed under: Breaking News, LifeStyle | Tagged: corona virus, pandemic unemployment | Leave a comment »
Masks,
By Anonymous
I love freedom and personal liberty. But I also don’t want to contract or share COVID-19.
Nashville just started mandatory masks in public today. I wear a seat belt – will comply with mask requirement.
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Filed under: Quality Initiatives | Tagged: corona virus, Covid-19, face masks | Leave a comment »
Filed under: Glossary Terms, Health Economics, Health Insurance, Health Law & Policy | Tagged: corona virus, pandemic | Leave a comment »
The Law of Un-Intended [Pandemic] Health Consequences
Courtesy: http://www.CertifiedMedicalPlanner.org
By Dr. David E. Marcinko MBA
The Cobra Effect attempts to solve a problem that makes that problem worse.
The effect comes from an Indian story about a city infested with snakes offering a bounty for every dead cobra, which caused entrepreneurs to start breeding cobras for slaughter.
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QUERY: Now; what about the PPP, the CARES Act, PPE and related Corona Pandemic consequences; etc?
Assessment: Your thoughts and comments are appreciated.
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BUSINESS, FINANCE AND INSURANCE TEXTS FOR DOCTORS:
THANK YOU
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Filed under: Health Economics | Tagged: cobra effect, corona virus | Leave a comment »
Medical Professionals Running Toward Corona – Hospital Administrators Running Away
[By staff reporters]
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Right versus Left
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Assessment: Your thoughts are appreciated.
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Filed under: "Doctors Only" | Tagged: corona virus, hospital administrators, white coats | 1 Comment »
KARL VON VIERORDT’S TIME LAW AND THE CORONA PANDEMIC
Courtesy: https://lnkd.in/eBf-4vY
Underestimating Long Periods AND Overestimating Short Periods
Karl Von Vierordt spent his career studying how people perceive time. His biggest finding is the opposite of what you’d assume.
LINK: https://lnkd.in/eZ-q-wN The longer something drags on the easier it is to forget the earlier moments of your experience. Five minutes can feel long because you remember everything you’ve thought about over those five minutes. An hour can feel short because your mind might have contemplated 17 different topics during that period, 15 of which you don’t recall anymore.
TIME PODCAST: https://lnkd.in/ebnXxGH
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EXAMPLE: Make someone wait in a room for one minute. After a minute, ask them how long they think they’ve been waiting. They’ll likely tell you something like “three minutes.” Now put them in the room for an hour, and ask them again. They’ll likely tell you something like “40 minutes.”
QUERY: Does this relate to Corona Virus “stay-at-home” orders and patient age?
ANSWER: https://lnkd.in/eaHPhUA
Your thoughts and comments are appreciated.
BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS
THANK YOU
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Filed under: Ethics, LifeStyle | Tagged: corona virus, KARL VON VIERORDT, time, time law, time passage | 1 Comment »
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
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Filed under: Glossary Terms, Health Insurance, iMBA, Inc. | Tagged: contact tracing, corona virus, Covid-19, public health | 6 Comments »
THE 6 [Six] ANATOMIC SITES TO TAKE YOUR TEMPERATURE
Courtesy: www.CertifiedMedicalPlanner.org
Covid-19 Vital Sign Diagnostics
It is well known that a high temperature is one stigmata of the Corona Virus [88% of cases]; even higher than the seasonal flu.
But, what are the 6 gross anatomic landmarks to take a temperature and how do we adjust for standards of error?
NOTE: This information might save your life.
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LINK: https://www.wikihow.com/Take-a-Temperature
Your thoughts and comments are appreciated.
BUSINESS TEXTS FOR PHYSICIAN-EXECUTIVES AND MEDICAL CXOs:
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Filed under: Health Insurance, iMBA, LifeStyle | Tagged: corona virus, Covid-19, temperature, thermometer | Leave a comment »
COVID-19 Drugs
[By staff reporters]
Drugs being studied in clinical trials. 30+ drug candidates in preclinical research phase.
There is HOPE!
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Disclaimer – For informational purposes only; should not be considered medical advice; consult a healthcare professional. Drugs shown are not yet approved for use to treat COVID-19 but are being investigated for use in clinical trials.
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Corona Virus Economics
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Filed under: "Doctors Only", Drugs and Pharma | Tagged: 23 Potential COVID-19 Drugs, corona virus | 1 Comment »
About “STERNUTATION”
Courtesy: www.CertifiedMedicalPlanner.org
A Silly Question Until Covid-19!
A “Sternutation” is a sudden involuntary expulsion of air from the lungs through the nose and mouth due to irritation of the nasal passage.
A sneeze is not always related to an underlying medical condition. It may be caused by:
Self-treatment helpful in some less- serious cases include:
See a doctor if you notice the following :
See a doctor immediately if you notice:
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Assessment: Your thoughts and comments are appreciated.
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BUSINESS, FINANCE AND INSURANCE TEXTS FOR DOCTORS
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Filed under: LifeStyle, Quality Initiatives | Tagged: corona virus, Corvid-19, sneeze, sneezing, Sternutation | 2 Comments »
Courtesy: www.CertifiedMedicalPlanner.org
Our message on Corona Virus so far has been “don’t panic.” For the vast majority of individuals, Corona Virus is not an existential threat.
However, the rapid rate of the virus’s spread has the potential to overwhelm our health system and cause a lot of problems.
And so, colleague Aaron E. Carroll MD MS explains the infection curve, right here.
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PODCAST: https://theincidentaleconomist.com/wordpress/flattening-the-curve-of-coronavirus-infections/
Assessment: Your thoughts and comments are appreciated.
BUSINESS, FINANCE AND INSURANCE TEXTS FOR DOCTORS
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Filed under: Breaking News, Experts Invited, Health Economics, Quality Initiatives | Tagged: Aaron E. Carroll MD, corona virus, Covid-19 | 1 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:
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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 »
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Filed under: iMBA, Inc. | Tagged: corona virus, Covid-19, Vitaliy Katsenelson CFA | 1 Comment »
A Relationship to Financial Investing?
Courtesy: www.CertifiedMedicalPlanner.org
By Dr. David E. Marcinko MBA CMP
The basic reproduction number R0, [r nought) of an infection is the number of cases it generates on average over the course of its infectious period, in an otherwise uninfected population.
The metric determines whether or not a disease can spread through a population. The root concept is traced to Alfred Lotka and Ronald Ross, but its first application was by George MacDonald in 1952, with malaria.
LINK: https://www.healthline.com/health/r-nought-reproduction-number
FORMULA: When
R0 < 1
the infection will die out in the long run. But if
R0 > 1
the infection will be able to spread in a population.
LINK: https://wwwnc.cdc.gov/eid/article/25/1/17-1901_article
ASSESSMENT: Generally, the larger the value of R0, the harder it is to control the epidemic. In the past week, Corona virus estimates ranged from 1.4 to 5.5. The World Health Organization (WHO) range was 1.4 and 2.5. In comparison, seasonal flu affects millions each year but has an R0 of just 1.3. The R0 rate for measles ranges from 12 to 18.
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Your thoughts are appreciated.
BUSINESS, FINANCE AND INSURANCE TEXTS FOR DOCTORS:
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Filed under: Health Economics, Investing, Portfolio Management, Research & Development | Tagged: corona virus, Epidemiology, r-NOUGHT, Ro, WHO | Leave a comment »
PANDEMIC “versus” EPIDEMIC
Dr. David E. Marcinko MBA
Courtesy: www.CertifiedMedicalPlanner.org
Is there a Difference? – Know the Difference!
A Pandemic (from Greek πᾶν pan “all” and δῆμος demos “people”) is an epidemic of disease that has spread across a large region; for instance multiple continents, or even worldwide. A widespread endemic disease that is stable in terms of how many people are getting sick from it is not a pandemic.
Further, flu pandemics generally exclude recurrences of seasonal flu. Throughout history, there have been a number of pandemics, such as smallpox and tuberculosis. One of the most devastating pandemics was the Black Death, which killed an estimated 100 million people in the 14th century. Some recent pandemics include: HIV, Spanish flu, 2009 flu pandemic and H1N1.
An Epidemic is the rapid spread of infectious disease to a large number of people in a given population within a short period of time, usually two weeks or less.
For example, in meningococcal infections, an attack rate in excess of 15 cases per 100,000 people for two consecutive weeks is considered an epidemic.
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Key Differences
MORE: https://www.verywellhealth.com/difference-between-epidemic-and-pandemic-2615168
Conclusion: Your thoughts are appreciated.
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Filed under: Glossary Terms, Health Law & Policy, Risk Management, Touring with Marcinko | Tagged: corona virus, epidemics, pandemics | Leave a comment »
THE CORONA VIRUS & Ro [r-NOUGHT] IN HEALTH EPIDEMIOLOGY?
Courtesy: https://lnkd.in/eBf-4vY
By Dr. David E. Marcinko MBA
[A Relationship to Investing and the Stock Markets?]
DJIA 28,256.03 ▼ -603.41 [-2.09%]
DJIA 28,399.81 Today: ▲ DJIA: +143.78+0.51%
The Ro Value, [r Nought), of an infection is the number of cases it generates on average over the course of its infectious period, in an otherwise uninfected population.
LINK: https://lnkd.in/e9AmEhd The metric determines if a disease can spread through a population. LINK: https://lnkd.in/e2VXwcz
FORMULA: When R0 < 1, the infection will die out in the long run. But, if R0 > 1, the infection will spread in a population. The larger the value of R0, the harder it is to control the epidemic.
LINK: https://lnkd.in/eXYpEUm METRICS: Recently, Corona virus estimates ranged from 1.4 to 5.5. The WHO range was 1.4 and 2.5. In comparison, seasonal flu affects millions each year but has an R0 of just 1.3.
QUERY: What are the stock market & economic effects of Corona?
GLOBAL: https://lnkd.in/epKhamj
DOMESTIC: https://lnkd.in/eBxwRDW
Conclusion: Your thoughts are appreciated.
THANK YOU
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Filed under: Investing, Risk Management, Touring with Marcinko | Tagged: corona virus, Ro, Ro [r-NOUGHT] | Leave a comment »
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