Good patient experience has become essential to make sure a steady growth of physician practices. Satisfied patients drive growth in various ways and they never opt out of the continuity of care from the same practice. Dissatisfied patients seldom revisit and switch to another practice which affects business and brings down collections of a practice. …
Read moreGood Patient Experience: A Key to Achieve Practice Growth
KEYPOINTS Diabetes is a chronic disease and can be prevented through exercise and diet. Diabetes causes kidney failure, blindness, and many health complications. Increased physical activities, weight loss, and a healthy diet have been known to delay the onset of type 2 diabetes. The pervasiveness of diabetes among people over the age of 18 rose …
Read moreWorld Diabetes Day: What you Need to Know About this Sweet and Silent Killer
The United States Justice Department proved the CEO of Video Doctor Network is found guilty of committing the largest fraud in the telemedicine industry. The company was found conducting widespread scams and frauds across the United States. The Video Doctor Network was an online digital forum where patients could consult with a wide array of …
Read moreTelemedicine CEO Pleads Guilty In Largest Healthcare Fraud Scheme to Date
The World heart day is a globally celebrated campaign, during which individuals, communities, families, and government of various nations across the globe participate and become the custodian of their heart health or their loved ones. The campaign is organized every year to raise awareness about the Cardio-Vascular Diseases (CVD) among the general public and their …
Read moreWhat is World Heart Day – How It Promotes the Importance of Healthy Hearts?
Fraud is a way of committing a crime to gain financial benefits. It is the factor which does not only cause unrest in society but also leads to economic destabilization. Insurance fraud is one of the types which occur when any person, company or organization plans to deceive to gain insurance benefits and it is …
Read moreTypes of Health Insurance Fraud In The United States, Examples And Its Impact
What is Umbrella Insurance? Umbrella insurance is also known as personal liability insurance, which is a back-up insurance plan that kicks in after your other insurance coverage has been paid out, covering accidents that occur on your premises or because of you. Fundamentally this insurance can be considered as an added protection. Most of the …
Read moreReasons Why Umbrella Insurance Is a Must for Doctors
There are numerous stories of physicians getting embroiled in issues of ethical nature or not a crime but seriously putting their career at stake by a medical insurance auditor. Consequently forcing many of them to deal with matters that they were not liable and damaging their practice. The undeniably meddling and regularly illogical managerial, administrative …
Read moreHow an Insurance Company Auditor Tried To Destroy a Physician’s Career
There’s a lot of hype about the president’s new tax bill, or the Tax Cuts & Jobs Act. Here’s a breakdown of what tax for doctors actually means and tax saving tips for high-income earners. According to research by The Tax Foundation, a physician’s family with two children and $325,000 in earnings would save about …
Read moreHow to Keep More of What You Earn – Tax Tips for Physicians
Centers for Medicare and Medicaid services are changing payments to Medicare Advantage plans to reflect the health status of each beneficiary. CMS uses Medicare advantage risk adjustment methodology to ensure that the Medicare Advantage features work effectively by paying more for registered users, who are expected to cost more to take care and less for …
Read moreThe Medicare Risk Advantage Factor (RAF) And Adjustment Methodology
The healthcare law of Patient Protection and Affordable Care, as well as increased transparency and access to patient information on the quality of care providers, has transformed the whole system. Such a shift has paved the path for pay for performance program. What is the incentive of enrolling in the programs, why should there be …
Read morePros And Cons Of “Pay For Performance” Policies And Performance Based Compensations