Practice Management

From a daily Starbucks to a high-end BMW, spending to the point of inadequate savings is dangerous to your financial health.

Conducting an internal review of your practice's work using RVUs can help predict, and perhaps ward off, a compliance audit. Here's how.

Primary care physicians often complain that the benefits of using electronic health record (EHR) systems are outweighed by the costs of implementing the technology and meeting government meaningful use (MU) standards. But a new study suggests that in at least one area-reducing adverse drug events-EHRs are having an impact.

Physicians are highly unsatisfied with the maintenance of certification process and question its efficacy, according to an exclusive reader poll

Saving for the future and enjoying the present are two impulses that rarely go hand-in-hand. With Americans living longer, many worry that they may run out of money while still alive. Plan on averages, assumptions, and make a strategic plan in the years prior to retirement. Steven Podnos, MD, CFP offers advice on balancing saving for the future and paying for the present.

Medical Economics is proud to unveil the honorable mention entries in our 2015 Physician Writing Contest. We believe the essays exemplify what connecting with your patients is truly about, and demonstrate the levels of heart, determination, and empathy you strive to bring into every exam room, every day. Thanks for reading.

Answers to reader questions about the proper usage of Modifier 59, getting paid for vaccine administration, and more

Independent physician practices can start increasing their cash flow and reducing their bad debt immediately-and they don’t need fancy software or renegotiated reimbursement agreements to do it. All they need is to have some simple systems in place.

For employed physicians seeking more autonomy and control over their careers, moving towards independent practice can be a viable option

Physician practices are undergoing major structural and economical change due to shifting healthcare policies and demands, so it is important to address these changes head-on with the tools necessary to be successful

Underlying much of the controversy surrounding MOC is the question of how much-or even whether-the process as currently structured actually improves physician performance and/or patient outcomes.

The simmering controversy over requirements for maintenance of certification (MOC) and accompanying physician unhappiness with theAmerican Board of Internal Medicine (ABIM), long confined to the medical community, burst into public view in March.

Medical Economics Editorial Advisory Board members weigh in on the effectiveness of MOC

Atrial fibrillation is the most common form of heart arrhythmia. Follow these tips to help communicate with patients with atrial fibrillation.

Many physicians regard patient portals as just another hoop they have to jump through to get their electronic health record (EHR) incentives and/or avoid Medicare penalties. But that view can be short-sighted, consultants say, if practices neglect portal services that are attractive to patients.

Currently, more than 29 million Americans have diabetes. Follow these patient management tips to help control costs and treat patients.

While most physicians may use only one or two codes, it is important to code properly to reflect the condition accurately and ensure appropriate reimbursement

Prepare yourself for the potential of malpractice cases by maintaining good relationships with your patients and by following thorough rules.

Edward Zurad, MD, FAAFP, a solo family practitioner in rural Pennsylvania, found himself one of four defendants in a medical malpractice lawsuit. The plaintiff was not one of Zurad's regular patients. The case was not settled out of court. Zurad shares his experience in being sued and being acquitted by a jury.

A step-by-step examination of a malpractice suit in which a patient claims to be suffering from multiple myeloma and asked for opioids. When it is revealed the patient lied about the need for opioids, the physician assistant changed the medical records before a lawsuit.

When patients visit your office, they may already have a diagnosis in mind. Google says that one of every 20 searches on its search engine are conducted to obtain health-related information. With that in mind, how can a primary care physician (PCP) win a patient’s trust and resolve conflicts if the patient wants tests or treatments that the physician believes are unnecessary?

Little guidance is available to help physicians determine how finding information about a patient online may affect the relationship with the patient.

In the current medical practice landscape, physicians are increasingly frustrated when it comes to the issue of payment for the care they provide. Doctors and their staff members often find themselves chasing patients and insurance companies to get paid, and frequently are forced to write off bills that could and should be paid.

What role should physicians play in discussing the financial impact of treatment decisions, and how can they better manage these conversations?

Medical Economics is proud to unveil the third-place entry in our 2015 Physician Writing Contest.

By a vote of 92-8, the U.S. Senate last night approved legislation ending the long-reviled formula for determining Medicare reimbursements. The vote came just hours before a 21% reimbursement cut would have gone into effect. The measure, which the U.S. House of Representatives passed three weeks ago, now goes to the president, who is expected to sign it.

The Asthma and Allergy Foundation of America estimates that 50 million Americans suffer from allergic rhinitis, which includes hay fever and seasonal or perennial indoor/outdoor nasal allergies. These conditions are thought to affect up to 30% of adults and 40% of children, according to reports from the American College of Asthma Allergy & Immunology. This represents a marked increase over past decades; in the 1940s, hay fever was estimated to affect only 1% of the U. S. population.

The current procedural terminology guidelines state that you should code signs and symptoms when a definitive diagnosis has not been confirmed. Therefore, you will need to document and code the signs and symptoms that a patient presents with at his/her visit. Common diagnosis codes for allergy-related signs and symptoms include those listed below.

If you want to retain your independence while finding some shelter from the storm of regulatory challenges and cost increases facing primary care physicians today, joining an independent physician association (IPA) may be an option to consider.