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Innovation, Technology Can Help Physicians Stay Independent —Physicians Foundation

Alternatives to Hospital Employment Include Solo 'Micropractices,' Patient-Centered Medical Homes, and Direct-to-Pay Practices Andy Robeznieks at Modern Physician reports that medical practice innovation—including the use of technology to increase efficiency and reduce overhead—is what "holds the key to private practice being a viable alternative to salaried employment," according to a new report from the P ...

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Healthcare Practice Trends: M&A, Compliance, and Standard-of-Care Metrics — Metropolitan Corporate Counsel

Metropolitan Corporate Counsel interviews Monte I. Dube, Partner, and Elizabeth M. Mills, Senior Counsel, of Proskauer’s Health Care Department in Chicago. Excerpts: What are the current trends in M&A within the healthcare industry? Dube: Increasingly and for multiple reasons, U.S. hospitals and healthcare systems of all types are looking for potential partnerships or affiliations. Financially distresse ...

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Lawmakers Put S-Corporations in Their Sights

Congressional Democrats have proposed financing student-loan legislation by expanding payroll taxes on subchapter S corporations and partnerships. The bill would levy Social Security and Medicare taxes on all business income if the firm is engaged in professional services, such as investment advice, or if 75% or more of the gross income of the firm is attributable to three or fewer shareholders. Investment ...

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Walked Into a Lamppost? Hurt While Crocheting? Find Correct Billing Code Here.

New Medical Billing-Code Provides Precision; Nine Codes for Macaw Mishaps  Today, hospitals and doctors use a system of about 18,000 codes to describe medical services in bills they send to insurers, Anna Wilde Matthews reported in the Wall Street Journal not too long ago.  Apparently, that doesn't allow for quite enough nuance.: A new federally mandated version will expand the number to around 140,000—addi ...

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The Accountable Care Fiasco

The Accountable Care Fiasco That's what the Wall Street Journal calls the state of developing real-world guidelines for "the Accountable Care Organizations that are supposed to be the crown jewel of cost-saving reform." The theory for ACOs, as they're known, is that hospitals, primary-care doctors and specialists will work more efficiently in teams, like at the Mayo Clinic and other top U.S. hospitals. ACOs ...

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