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How the health care industry can thwart cyber thieves and protect patient recordsOne answer to the cybersecurity problem is reusable verifiable digital credential, which would protect both the patients and health care companies.
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Remote patient monitoring: A win for both providers and patientsTechnology can reduce health care costs, improve outcomes, improve practice efficiency
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Ransomware is rampant: Is your health care business safe?While protective measures can limit the risk, outsourcing to a cybersecurity firm may be the safest option.
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The common “trapdoors” in payor contracts – and how physicians can avoid themA business in the health care system usually succeeds or fails depending on the complicated, multi-layered contract negotiations between physicians and payors.
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Three revenue key performance indicators no one talks aboutThese non-traditional KPIs have a significant impact on collections and cashflow.
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How self-monitoring and data sharing produce better patient outcomesOngoing communication with care providers enables earlier detection and treatment of health problems
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The time is now for federal agencies to fortify cybersecurity among small and rural hospitalsAs physicians focus on patient health and executives work to keep the doors open, data breaches can have serious consequences for everyone.
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Why primary care physicians must captain the care teamThe health system must rethink its strategy to enable primary care providers to develop better game plans for chronic disease patients, such as people living with type 2 diabetes.
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Cutting Costs and Reaching Profitability with an EMR SystemA pediatric practice on the brink of bankruptcy is saved after implementing an electronic medical records system that helped it turn profitable in a month, and recoup all its losses in a year.
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When, What, and Who? - Know These Before Thinking of InvestingHow can an investor allocate their portfolio for the greatest return and minimize the related risk? The answer is it depends.
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Why health care providers and facilities need to transition to value-based careOpportunities exist at the reimbursement level to drive financial performance.
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How to Help the Misinformed e-PatientMore patients are empowering themselves by turning to the Internet to obtain information about their health. Although the right information can be useful, plenty of online information can be out-of-date or just plain wrong. Here's what you can do to help.
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How to Get Top Compensation in Private PracticeMany academic programs spare no expense in training their MDs. Private practices, however, are driven by both excellence in clinical care and profitability. Here are some tips to ensure you get top compensation when negotiating pay and benefits with a new practice.
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Safe to Jump Back into Bonds?With interest rates creeping higher and stocks having gone on quite a run, many investors are considering jumping back into bonds. But is it safe to invest now?
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Madrid UnpluggedSpain's best-kept secret offers excitement, stunning architecture, and walkable neighborhoods.
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Combating a New Breed of Financial HackersOur personal and financial information are at risk like never before. Fortunately, there are companies developing technology to combat these increasingly sophisticated attacks.
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The Power of CompoundingAlbert Einstein called compounding the eighth wonder of the world. It's a simple investment strategy that works best when you forget about it altogether.
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3 Insurance Picks for the Coming Rate HikeWith a rate hike getting closer, yields are likely to spike again. Insurers will clearly gain from this and they have experienced a good year til now. This is why these 3 stocks would make prudent portfolio addition.
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Amsterdam's Charming Historic HotelsA city steeped in history, Amsterdam's many hotels give visitors a taste of the city's rich past, such as properties housed in former monasteries or former schools.
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Empowering NPs to Strengthen Physician PracticesA key resource for addressing physician shortages, improving efficiency in primary care and ultimately increasing access to health care for many more patients lies with the nurse practitioner role.
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Protect Your Practice from Fraud and EmbezzlementMedical practices are highly susceptible to fraud and embezzlement, but the following processes may assist in safeguarding your practice assets and preventing potential theft.
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Leveraging Business Transaction Performance in Patient Data Transmissions: A StudyWith the quick progression of EMRs and RCMs, healthcare databases have become large, complex networks of electronic information. Ensuring data reaches its destination in a timely and accurate manner can be critical for the well-being of patients.
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An Action Plan for Plugging Profit "Leaks" in Your PracticeOn Jan. 5, 2012, CNNMoney published an article, "Doctors going broke," which quoted Marc Lion on profit leaks. Here is a republished article from August 2010, that Lion wrote for PMD on plugging profit leaks in your practice.
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Are You Really HIPAA/HITECH Compliant?With all the new electronic devices in your office, can you truly say that you are HIPAA/HITECH compliant? Will your security features and controls actually prevent the breach of personal health information?
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Obama's Healthcare Reform SpeechJeff Brown weighs in on President Obama's speech before Congress yesterday evening, and discusses what he feels are the four most pressing issues in today's renewed healthcare debate.
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Stay Ahead of an Impending Coding IssueAs the health care industry prepares for the new ICD-10 code set, physicians who see Medicare patients need to be aware of another important coding issue that can significantly affect their cash flow going forward.
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Is Your Practice a Good Fit for a Cash Balance Retirement Plan?Cash Balance plans can provide an alternative to your retirement savings plans for you and any employees in your practice. However, make sure your practice is the right fit for this plan before jumping in.
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The Bank of Mom and Dad Offers Great RatesWhen your child comes to you, hat in hand, asking for a bit of money...REJOICE! Lend away! And charge interest...you'll make money, the government won't hit you with taxes, and the inheritance can be put to work for them immediately.
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Year-End Tax-Saving Moves for Docs, PracticesContrary to traditional tax planning, maximizing taxable income in the current year may be optimal for many physicians since tax rates are set to increase at the beginning of 2013.
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10 Perfect Passive Income Ideas For PhysiciansAs physicians, wouldn't it be nice if we had additional sources of income?
