Medical Economics

Magazine has information and advice for physicians on how to manage their practices and current healthcare landscape.

Articles from Vol. 85, No. 10, May 16

A Better Way to Help Patients
The author realized his minor, commonplace errors were hampering patient care. See if any of them ring a bell for you.When we think of our mistakes, we remember the horrible outcomes, close shaves, or malpractice nightmares. But the less obvious errors...
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A Mixed Job Report for Primary Care
PerspectiveViewed from one angle, the primary care job picture is looking rosier. For the period 2006 to 2007, for example, FPs, internists, and hospitalists led the list of top 20 recruitment searches by Merritt Hawkins & Associates, the national...
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Answers to Your Questions about . .
Coding CuesPost-ED careOur family practice routinely sees patients after they've been treated in the ED for lacerations, fractures, and similar injuries. We've recently seen an increase in claim denials for such services because the ED physicians are...
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How to Land the Best Associates
Posting an ad for an associate is not enough. You need to convince job candidates that your practice is desirable.Your practice is growing, your new patient visits are backed up for weeks (or months), and you can't recall when you took your last vacation....
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Latest Research
A summary of current articles from that pile on your deskBlack Individuals Receive Good Care for Heart FailureJ Am Coll Cardiol. 2008;51:1675-1684 [April 29, 2008]Black individuals hospitalized for heart failure had significantly lower in-hospital mortality...
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Medical Ethics: Your Heart versus Your Wallet
Physicians must put patients first, but also need to be profitable. Here's how doctors tackle the wrenching decisions about money and ethics.Many physicians refer to medicine as a calling-something that they were meant to do, regardless of obstacles...
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Money Management Q&A
Disclosing defects before selling a homeI've decided to sell my home, but my state has stringent laws requiring disclosure of defects. What's the best way to protect myself from potential liability for problems I may not even know about?Hire a home inspector...
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Practice Management Q&A
A refund for a disappointing outcome?How do I handle a patient's demand for a refund for an outcome that was less than perfect?If the outcome was less than the patient had reason to expect, you face the possibility of litigation. But as long as you never...
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Say Goodbye to Insurers
It's possible to walk away from third-party payers and still create a satisfying practice.A cash-only practice may sound unconventional, but that's only because doctors are accustomed to the healthcare industry's third-party payer system. In the rest...
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Talk Back
* Health courts are the answerDefense attorney Michael F. Lyon sounds altruistic in "Justice is best served by jury trials" ["Talk Back," March 7] but, in reality, he and his colleagues benefit greatly from the song and dance of malpractice litigation.The...
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The Day I Received My Final Verdict
A lawsuit left the author with worries about his reputation, until a surprising patient visit took place."Doctor, you were involved in a malpractice suit last year, weren't you?"The question from my new patient, Roger, hit me like a kick in the stomach....
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Time to Rethink Your Index Funds
Your MoneyIndex funds have been the American Idols of investing in recent years, but in today's market, diey may be growing less attractive.When the overall market was consistently climbing, investors reasoned, "Why bother paying portfolio managers to...
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Your Guide to Better Coding
Coding modifiers are often underused or submitted without supporting documentation. Here's how to end these time-consuming mistakes.Physicians have little control over the reimbursement rates they receive from Medicare and other third-party payers, which...
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Your Responsibility for Patients in the ED
Malpractice ConsultEmergency department use by adults in the United States increased by 16.8 million visits from 1997 through 2004, according to the journal Health Affairs. ED patients waited an average 30 minutes to see a physician in 2004, eight minutes...
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