Todd Shryock is managing editor of Medical Economics.
CVS targeting primary care
Company focusing on physician-led care and opening 1,000 new sites and acquiring existing practices
Senate passes legislation that avoids Medicare physician pay cuts
Bipartisan bill delays cuts scheduled for next year, but further action is needed
Congress looks to eliminate most Medicare physician pay cuts
Bipartisan bill would roll back 9% of the planned 9.75% in cuts
Study: 3 doses of Pfizer neutralize Omicron variant
Pfizer working on a vaccine specifically for Omicron
Medicare telehealth visits exceeded 52 million in 2020
Telehealth visits increased, but overall utilization of Part B declined
Number of underinsured children increases by 2.4 million
High out-of-pockets costs of inadequate insurance the main driver
MGMA lobbies for 3.75% Physician Fee Schedule payment adjustment
More than 200 professional medical association co-signed the letter asking for Congressional action before the end of the year.
Hospitals suffer second consecutive month of margin declines in October
The outlook for hospitals and health systems remains uncertain
Hepatitis B vaccine for adults approved by FDA
PreHevbrio is the only 3-antigen vaccine for Hepatitis B approved for adults
Stop leaking money
Improve your practice’s cash flow with the right financial strategies
Johnson & Johnson splitting its consumer health care business into separate company
Separation will allow both entities to respond more quickly to changing markets
Employees paying an average of $5,969 annually for family insurance coverage
Since 2011, average family premiums have increased 47%
Patients still skipping medical treatments
Finances playing a big role in why.
Doximity revenue hits $79 million in second quarter
Revenue increase reflects a 76% jump compared to the same period last year
What do medical practices need to know about cash flow?
Set up the right system for success.
Fed begins to phase out bond-buying program
Says substantial progress made toward stable inflation
Common costs practices can cut to save money
There are a lot of little strategies that can add up to big savings.
Kareo and PatientPop merge to focus on modernizing health care practices
The goal of the new company is to help independent practitioners succeed in consumer-driven health care
How established practices develop bad cashflow habits
Having a successful practice is great, but you are probably still leaking money.
How closely does cashflow need to be monitored?
Keeping a close eye on cashflow is the only way to guarantee you’re getting the most profit out of your practice.
The importance of staff training in collecting money
Having good processes in place is great, but it won’t do you any good if the staff isn’t trained on them.
Is offering financing a good idea for a practice?
Patients are more likely to pay if you give them more options.
HHS launches plan to prevent overdoses
More than 840,000 people died from overdoses between 1999 and 2019
What are common cashflow mistakes practices make?
Don’t let bad processes costs you money.
Patients still don’t understand payment options
How much they are responsible for and overall communication are concerns.
Why are so many health organizations embracing non physician practitioners?
Health organizations can better control non-physicians even if money isn’t an issue.
Patients often want an appointment as soon as possible, and don’t understand the difference between a physician and a non-physician provider
All types of providers are needed for a health care team, but should these teams be led by doctors?
Are health care organizations using the physician shortage as an excuse to install non physician practitioners in roles that a doctor should be leading?
Patients often don’t understand the different levels of training required by practitioners, so organizations often push non-physicians into more roles.
How has the physician shortage exacerbated the physician burnout problem?
Increasing demands on physician time and not being able to treat all patients takes a toll.
Why have rural and underserved areas suffered more physician shortages during COVID?
Early retirements and a declining population of practitioners make staffing difficult.