Gone are the days when radiologists and cardiologist were amongst the most in demand specialties in healthcare; family practice and general internal medicine physicians have taken over as the two top sought after specialties. According to a survey, need is driving the demand for primary care physicians; listed below are the major reasons for this […]
A new program to aid and improve patient care while patients are in the hospital and after they are discharged has been announced by the U.S. department of Health and Human Services (HHS). These initiatives will also motivate doctors, nurses and specialist to perform coordinated care and hence reduce cost. Till date, hospitals, physicians, and […]
2010 has registered an increase in physician’s compensation across specialties even as most of the medical groups have been operating at significant financial losses; in fact, the specialties have registered a compensation increase of 2.6% for Primary Care, 3.8% for surgical specialty, and 2.4% for other medical specialties. According to AGMA survey conducted amongst 49,700 […]
As if the imminent repercussions of Debt ceiling and Sustainable Growth Rate Problem are not enough, physicians across United States are in for an additional dose of disciplining by the Federal Health body, in terms of penalties – both civil as well as criminal penalties – for either negligent or willful defiance of reforms and […]
As we stand at the mid of the intervening period, there is growing apprehension over achieving comprehensive realization of ICD-10 and other Compliance standard implementation by the October 1, 2013 deadline across the spectrum of healthcare stake-holding: health care providers, payers, software vendors, and clearinghouses/third-party billers. Browse All: ICD-10 Transition The CMS has drawn up […]
Baby boomers are usually believed to be people born during the post-World War II birth rate boom, lasting from 1946 through 1964. According to a survey conducted by the CDC (Center for disease control), many elderly people started flooding doctors’ offices even ten years ago in 2001. Now since the latest health care reforms would […]
The recent extrapolation by the economists in the Office of the Actuary at the Centers for Medicare and Medicaid Services (CMS) – which has projected all health care spending in the United States to be at an annual average rate of 5.8% for the period 2010 through 2020, and at 19.8 percent of GDP by […]
The reforms in the health care sector would essentially mean that physicians have to deliver quality service at lower costs. This is inevitable since doctors and hospitals can be penalized for negligence if they end up giving the wrong treatment due to increased work pressure and in order to meet the break-even point. As 45 […]
Accurate revenue cycle management essentially means that you get paid in a timely manner and the account receivables balance is zero when the cycle is completed. However, this type of management could become cumbersome for physicians since it is not their primary occupation and the recent health care reforms would mean more patients and work […]
The recent healthcare reforms proposed by the white house may affect the revenue as well as the quality of the service provided by physicians in the United States. According to a recent survey by Thomson Reuters, almost two-third of doctors in the US fear that health care reforms proposed by Mr. Obama might flood their […]
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