More than half of physician practices indicate interest in outsourcing their management information systems/information technology (MIS/IT) function. To evaluate outsourcing options among three broad categories, you can use the three "Cs" as a benchmark: cost, control and capability.
Read More »A corporate trustee and charitable giving
Even financially sophisticated individuals often find managing a trust to be both complex and burdensome.
Read More »Employing a public relations firm
The still lucrative practices prepared themselves and employed a public relations firm to ensure that their practice would thrive independent of a challenging economic climate.
Read More »Should you sign a letter of intent?
Too often, parties will sign such a document, feeling that they have little or nothing to lose by doing so. Proceed with caution before signing any such document
Read More »Patient safety reporting requirements
Health care workers who reasonably believe that a "serious event or incident" has occurred must report it in accordance with the Patient Safety Plan. Reporting the filing of a medical malpractice action is also a new requirement.
Read More »What to do when a lawsuit is filed
Having a professional liability claim is like a statistical equation in which certain factors affect the outcome. You are an important part of that equation in so many ways.
Read More »Malpractice insurance fix needs more work
We have given the insurance companies some of the tort reform that they have asked for. Now it is time for the insurers to do their fair share.
Read More »Three keys to stress-free investing
The hallmark of Stress Free Investing is to be transformed from an emotion-based investor to an information-based investor. Moving from how we feel to how we think requires time and education, but the payoff is substantial: peace of mind.
Read More »Employee policy and procedure manua
The more informed your employees are, the more efficiently your practice will operate. Written policies and procedures are not legally mandated, but in today's litigious society, having a formalized policy and procedure manual is simply a good idea.
Read More »What is medical necessity?
Claims for services that are not medically necessary will be denied, but not getting paid isn't the only risk.
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