December 3rd 2024
To proactively reduce the likelihood of a lawsuit, physicians can adopt a strategic approach embodied in the acronym A-V-O-I-D.
November 21st 2024
November 12th 2024
Defend your practice against HIPAA violations
February 25th 2015Despite changes to the Health Insurance Portability and Accountability Act (HIPAA) that dramatically affect the risk profile of medical practices, many have yet to establish a full arsenal of defenses against data breaches. The simple fact is that failure to update your protections can multiply your vulnerabilities and fines if a breach occurs.
Career decisions: Should you start, buy or join a practice?
February 18th 2015There are many ways to have a medical career. Choosing whether to take employment, buy a practice, or start from scratch involves assessing your personal and professional values, and the specific location you are targeting. The bottom line: Choose what will make you personally and professionally happy.
High deductibles: why physicians must adjust how they practice
February 4th 2015Accelerated by the Affordable Care Act, high-deductible health plans have emerged as a major trend in healthcare. Placing more financial responsibility on patients for medical services has a direct impact on physician practices.
Why empathy may be the best risk management strategy
February 4th 2015Thirty-six states have “apology laws” that prohibit certain statements or expressions of sympathy by a physician from being admissible in a lawsuit. Experts in the field say that while the laws may help some physicians feel more comfortable about expressing empathy, they aren’t really necessary to avoid lawsuits. Instead, good patient-physician relationships and open disclosure are the keys to responding successfully to a bad outcome.
ICD-10 deadline: GOP lawmakers working to keep October 2015 transition date
January 27th 2015As medical practice owners continue to ready their practices for International Classification of Diseases-10th revision (ICD-10) implementation in October, lawmakers are still undecided as to whether another delay will be included in sustainable growth rate (SGR) legislation slated for the spring.