Get Ready for Some Big Changes in 2015 The new year will bring several developments, some of which may be troubling to physicians, and others that may bring welcome news. These changes can affect physicians’ incomes to varying degrees and are likely to have at least some effect on many or most practices. The following […]
Read MoreSometimes managers recognize why they tolerate habitually impolite employees, and sometimes they don’t. Here are four reasons managers put up with such behaviors: 1. “But he/she is one of my top performers.” Managers may fear productivity would drop and the worker would be difficult to replace. Perhaps the employee has a special technical skill or […]
Read MoreWell-prepared healthcare providers will be able to keep revenue cycles optimized. It’s not hard to understand why many physicians are asking for a two-year delay of ICD-10 implementation. We keep telling physicians that they may have to survive without reimbursementrevenue for six months after Oct. 1, 2015. Why would anyone want to go through that? […]
Read MoreVic Wadhwa, the former CFO of a group of pain management clinics located in central Maryland, has pleaded guilty to soliciting and receiving kickbacks in return for referrals, according to the Department of Justice. Mr. Wadhwa served as the financial leader at clinics that generated hundreds of urine samples each month and sent the samples […]
Read MoreA new ICD-10 end-to-end testing period for providers, as well as associated guidance for testing, was revealed this week by the Centers for Medicare & Medicaid Services. The new testing period, which will involve a second sample group of providers, according to CMS, will run from April 26, 2015, through May 1, 2015; other testing […]
Read MoreThe median total cash compensation for physicians has risen across almost every specialty, with urology experiencing the largest pay increase since 2013, according to the 2014 Physician Compensation and Productivity Survey from Sullivan, Cotter and Associates. On average, specialty physicians saw a compensation increase of 1.9 percent in 2014, down from a 3.2 percent increase […]
Read MoreNational health spending is growing at the slowest rate since 1960, a welcome change to policymakers after decades of inflation. National health spending is growing at the slowest rate since the federal government began tracking the trend in 1960, a welcome change to policymakers after decades of inflation. But experts aren’t sure if the slowdown […]
Read MoreCMS is using new authorities created by the ACA to clamp down on Medicare fraud, waste and abuse. The Centers for Medicare & Medicaid Services intends to ramp up oversight of providers and to save taxpayers money, according to CMS Administrator Marilyn Tavenner, who announced new anti-fraud measures. They are designed to prevent physicians and […]
Read MoreTwo pharmacists at the notorious New England Compounding Center have been charged with second-degree murder in the deaths of 25 individuals who received nonsterile steroid pain injections in 2012 and 2013, according to a criminal indictment unsealed today in a federal district court in Boston, Massachusetts. The pain medicine in question — preservative-free methylprednisolone acetate […]
Read MoreRecruiting, hiring and training new employees can eat up a manager’s time. The last thing a manager wants to do is start the process all over again because that new hire just stood up and walked out the door after three months. To avoid repeating that time-consuming process, it’s important to talk with new employees […]
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