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This is important for our readers who practice in a hospital is because every time there is a new CEO there is a possibility of your practice getting outsourced. According to the American College of Healthcare Executives, the average hospital CEO turnover rate increased in 2013 to 20 percent. This percentage is the highest turnover […]
Read MoreThe Congressional Budget Office has released its 2014 long-term budget outlook, which projects federal debt held by the public will rise during the next 25 years to the highest percentage in the country’s history since just after World War II. The report also includes information and estimates concerning healthcare spending, along with information on the […]
Read MoreI wanted to share this because many of our readers work in a nonprofit hospital so I wanted them to know this information. Nonprofit hospital cash flow margins and revenue growth reached record lows in fiscal year 2013, according to a report from Moody’s Investors Service. Financial medians for 2013 show nonprofit hospital operating revenue […]
Read MoreThe Center for Medicare Advocacy has filed a lawsuit on behalf of five Medicare beneficiaries who allegedly had to wait longer than the 90-day statutory limit to resolve appeals over Medicare claims denials The proposed nationwide class-action lawsuit was filed in U.S. District Court in Connecticut against the Obama Administration. Under the Medicare Act, appeals […]
Read MorePublished in Eur J Ophthalmol. 2014 Jul 24;24(5):643-9 Authors: Ramachandran R et al PURPOSE: We evaluated the efficacy of sub-Tenon block in decreasing perioperative pain, incidence of intraoperative oculocardiac reflex (OCR), and postoperative nausea and vomiting (PONV) in pediatric squint surgery. METHODS: A total of 67 children age 2-12 years, American Society of Anesthesiologists Physical […]
Read MoreCost controls implemented under the Affordable Care Act (ACA) will lead to slower overall federal healthcare spending over the next 25 years. A new forecast by the Congressional Budget Office (CBO) concludes that overall federal spending will represent 8 percent of the gross domestic product (GDP) by 2039. Although that’s one-tenth of one percent lower […]
Read MoreHealthcare providers–and practice managers, in particular–would be wise to take advantage of the most recent ICD-10 delay, not by shifting their focus to other projects, but instead shoring up potential areas of weakness. Those who have turned off the engine altogether will likely regret that decision as new deadlines approach. To that end here are […]
Read MoreAnti-Fraud spoke to Sean McKenna, J.D., to learn how theFalse Claims Act–a federal law dating back to the Lincoln administration–helps combat today’s healthcare fraud. McKenna is a partner in the Dallas office of Haynes and Boone, LLP. His professional background includes 15 years in law enforcement, most of which he spent working for the federal […]
Read MoreThis is not about our specialty however it is very important to us so I wanted to share it More healthcare organizations are using bundled payments to lower costs, but they must supplement such arrangements with solid quality care guidelines. That’s why UPMC Health Plan in Pittsburgh has developed several parameters to judge the success […]
Read MoreIt’s a trend that’s been growing across the country. Hospitals listing prices for procedures on their websites. Some states are even mandating it. While New York isn’t one of them, handful of hospitals across the state are making their prices public. “We started this process in the fall of last year, so it’s about a […]
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