Hiring a new physician into a practice can be an expensive and risky proposition but for most practices it is a necessary endeavor. Aside from the actual costs of recruiting
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Emphasize the Value of the Physician-Patient Relationship
The article Pediatricians v Retail Clinics: Is It Time to Think Beyond the Office Visit? published today at time.com, highlights an important shift occurring in the delivery of physician…
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FTC Sues to Block Hospital Acquisition of Medical Practice
Adding an interesting wrinkle to an already complex environment, the Federal Trade Commission filed a suit this month to block an Idaho hospital from acquiring a physician practice. According to…
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Does It Make Financial Sense To Go Into Medicine?
With the emphasis placed on primary care under the federal Affordable Care Act, what will the federal government need to do to entice the best and the brightest to go into primary care?
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Is Concierge Medicine Right for You?
While concierge medicine may be a great fit for a handfull of doctors, it’s likely not a feasible model for many. If you are considering making this change, be sure to do your homework first.
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Fraud and Abuse Compliance More Important Than Ever
Health care fraud and abuse enforcement activity is at an all-time high yet many physicians and other providers lack a basic understanding of the key healthcare fraud and abuse statutes…
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Selling Your Practice to a Hospital? Know Where You Want to End Up
There’s an interesting piece in the Miami Herald today regarding hospitals once again acquiring physician practices. The article raises some good questions regarding the motivations underlying this growing (recurring) trend and…
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“Narrow Network” HMOs — An Emerging Trend Worth Watching
The emergence of narrow network HMO products is a trend worth watching for several reasons: first, it demonstrates that third party payers are aggressively seeking to better manage health care costs and are looking for innovative ways to do so; and, second, it is apparent that as new products are developed, those providers who are integrated (both horizontally and vertically) are most likely to be the players of choice.
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Be Proactive About Negative Online Reviews
Have you or your practice been the subject of a negative online review? If not, there’s a pretty good chance that you might be in the future. Given that a physician’s reputation is one of his or her most valuable professional assets, I would encourage you to proactively protect your online reputation.
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Another Proposed Physician Joint Venture Bites the Dust
Physicians are feeling the economic burn of the down economy perhaps more than the average American. Not surprisingly, creative physician joint ventures are proliferating in the healthcare industry as a…
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