Physicians News Health news for doctors and patients.

Section 1031 of the Internal Revenue Code allows a taxpayer to defer the income tax applicable to gain otherwise recognizable when you “exchange’’ property used in a trade or business (your practice) or hold for investment, (i.e., rental real estate ) for property of a “like kind.”

The biggest thing that has changed in the valuation of medical practices world has been the intangible/goodwill element of practices.

These people are physician colleagues, but play very specific roles in the hospital setting, often exercising authority over your patients, while controlling assets and resources you may want access to.

Physicians, hospitals and business entities alike continue to aggressively pursue ancillary revenue streams, and as reimbursement dollars remain limited, conflicts are unavoidable.

The report identifies strengths and weaknesses in a three-tiered system of state hospitals, county-level services and non-profit community-based providers in a uniquely diverse state of two large urban centers and the nation’s largest rural population.

A mix of individual securities, along with mutual funds may provide a good balance between achieving performance results while managing tax consequences.

The employment agreement is a key document that needs to be drafted with care, as any of these provisions can cost the practice considerable money.

The ability to maximize the use of staff time and optimize the efficiency and effectiveness of the billing department relies upon a complete and coordinated cycle in the collection process.

In this complex and sometimes counter-intuitive regulatory environment, defining the limits appropriate for these relationships can be a challenge.

Recent AAMC and ACP reports address various manifestations of physician shortage and offer suggestions to academic institutions and policymakers. Medical schools around Pa. have begun to respond.