Stocks That Can Shake Off the S&P Warning
April 20th 2011This week, S&P warned there's a chance that the agency could lower the U.S.'s long-term credit rating. It's too hard to say which companies will be the winners and losers were a downgrade to occur, but these stocks in the small-cap healthcare sector should do just fine.
Can You Save Money With Pay-As-You-Go Auto Insurance?
April 20th 2011Pay-as-you-go auto insurance coverage is the latest trend in the insurance industry -- your premiums are based on how many miles you drive. Insurers say some can save up to 50% under the new programs. A reader asks, "What's the catch?"
Hawaii on Sale: Maui's Top 10 Attractions
April 20th 2011Vacation deals abound in Hawaii, which continues to suffer from a decline in tourism in the wake of the powerful Japanese earthquake and tsunami. If you're planning a trip to Maui, here are 10 attractions our travel columnists say you shouldn't miss.
Physician Turnover Rises as Economy Improves
April 18th 2011Physician turnover is once again on the upswing, as the U.S. economic recovery encourages doctors to retire or seek opportunities elsewhere, according to an annual survey. Young women doctors and pre-retirement male physicians experienced the highest turnover rates.
Telerehab Helps Practices Maximize Finite Resources
April 18th 2011Telerehabilitation, a method of providing rehab services through the use of technology, worked just as well as conventional therapy for patients following total knee arthroplasty, according to a new study. This type of distance therapy is not only effective, but can allow practices to access more patients and open the door to more channels of revenue.
Six Tips for Surviving a Tax Field Audit
April 13th 2011If you're about to be subject to a field audit, where the IRS or your state agency goes through your records with a fine-tooth comb, you should prepare yourself before contacting tax authorities. Here's some advice to help you cope with the process.
The Anesthesia Drug Shortage: What It Means for You
April 12th 2011In 2009, anesthesiologists nationwide suddenly began having trouble obtaining Propofol, considered the most popular sedative because it is ideally suited for ambulatory situations. With this and similar drugs still in short supply, doctors and patients are having to adapt.
Does Physician Coaching Have Any Value?
April 11th 2011Physicians are smart, well-trained professionals who are not in the habit of asking for help. They're accustomed to being viewed as the problem-solvers, rather than the seekers of advice or assistance. So why would they consider physician coaching? Here are more than a few good reasons.
Virtual Reality Enables Practices to Improve Access
April 11th 2011The use of virtual reality applications, such as "telepresencing" communication, in healthcare is expected to increase rapidly through 2015, according to a recent report. One of the main reasons is the issue of access -- physician shortages are driving many to use technology to connect physicians with patients remotely.
ACOs Open Up Physician Career Opportunities
April 7th 2011It's time to shine a spotlight on Accountable Care Organizations (ACOs) and look at what these new entities might mean for your physician career. I sense the foundations of medical practice as we know it has begun to shift, and the field is wide open for physicians with a creative, entrepreneurial or leadership drive.
Don't Ignore Stocks in Favor of Gold
April 7th 2011Gold bugs are celebrating, though they haven't thrown the victory party just yet. Many bullish investors believe the price of gold will reach $2,000 an ounce. But more than a century of data suggest that investing in stocks, rather than gold, is a better way to go.
Medicare Lab Signature Rule Delayed Again
April 6th 2011The Centers for Medicare & Medicaid Services again delayed enforcement of a new Medicare rule requiring physicians to sign-off on laboratory test requests. The rule is expected to be rescinded, after complaints from physicians groups and lawmakers.
Taking the Pulse of Your Practice -- Part 4
April 4th 2011In the fourth in a series on medical practice management, I look at how you can grow your business by educating yourself on who are patients are, where they're likely to come from, what types of health plans they're enrolled in and how to cater your practice to attract more business from the biggest employers in your area.
Top 10 States for Fraud Complaints
April 4th 2011Where you live plays a role in how likely it is that you'll be a victim of fraud, and may even suggest the type of fraud criminals will commit. These 10 states rank the highest for fraud complaints, with victims losing an average of $594 to the crimes.
5 Biotechs Could Profit from Melanoma News
April 4th 2011Last month, the FDA approved Bristol-Myers Squibb's Ipilimumab drug for metastatic melanoma -- a breakthrough as there's no effective treatment for the deadly disease. But on the back of this news, the big picture for these five biotech companies is even more exciting.
A Medicare Billing Audit? Not If, but When
April 4th 2011Among the factors influencing the increase in Medicare billing audits is the Recovery Audit Contractors (RAC) audits -- entities that review paid claims for Medicare and Medicaid providers to ensure they meet government regulatory and policy requirements. In fact, experts say the likelihood of a random RAC audit is probably not a matter of if will happen, but when. Are you ready?
Overcoming Your Marketing Phobia
March 30th 2011Physician marketing sucks! At least, that's what my clients and other physicians tell me repeatedly. I take that to mean one of two things: Either having to market as a physician business owner is a very distasteful activity, or the marketing skills of a physician business owners are severely lacking. Or both. The secret ingredient of successful marketing is education -- educating yourself and educating the right prospective clients or patients. And physicians are natural educators.