Breaking News

Disciplinary actions against physicians

A professional's candid but carefully worded explanation of an embarrassing situation will serve him or her far better than any attempt to hide the information. At the first hint of a problem, the professional is wise to proactively seek a creative way to resolve the situation.

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Retirement planning is a life-long process

Since the quality of your life in retirement will be determined by the quality of your long-term financial plan, it is imperative to make prudent and conservative investment choices now. Just like when you are preparing for a complex procedure, even a slight miscalculation in planning could cause you to miss your desired result by a wide margin.

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Building a successful IPA

If the complement of physicians is structured appropriately and the right combination of financial stability, physician leadership and management skills are present, an IPA can be an effective model for physicians and physician practices to better serve their patients and successfully work with the third-party payors in their community, and with vendors.

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OIG approves hospital-physician gainsharing

Gainsharing's surprise recovery came in the form of an Advisory Opinion issued by the OIG. Although the OIG reiterated its concerns regarding the potential adverse affects of gainsharing on patient care and its potential for disguising payments for referrals, it permitted the hospital and physicians to enter into the carefully structured cost-sharing arrangement proposed by the requestors.

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Managed care credentialing of physicians

The credentialing process should be designed to aid an MCO in choosing competent providers and to ensure providers a fair application of the selection criteria. An MCO that exercises reasonable care in credentialing and monitoring its providers reduces its risk of malpractice liability.

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