RVUs, over time, have proved to be a most useful source for measuring productivity. It is universally accepted as the standard for measuring physician and related provider productivity. RVUs serve as the basis for determining reimbursement and compen...
Price information is becoming more available due to federal disclosure rules. Hospitals are already required to post their negotiated rates, and health insurance plans will need to do so beginning in July 2022. Sophisticated employers can save money ...
Although effective management of practice overhead is always prudent, real practice overhead ratios explain very little of the net financial yield performance, or potential of a medical practice.
In this episode of SoundPractice, Mike Sacopulos interviews Ellis "Mac" Knight, MD, MBA, about his new book, Healthcare Economic Reform: How and Why Physicians Must Lead Change Within Our Evolving Healthcare Economy.
Before Russia’s Feb. 24 invasion of Ukraine, the outlook for the U.S. economy was stressed but hopeful. Pandemic pressures appeared to be peaking, inflation was widely expected to normalize, and the Fed stood a credible chance of engineering a “soft ...
Companies tend to deal with inflation by raising prices, accepting smaller margins, or reducing product costs (and often quality). However, better analytics now allows companies to consider more sophisticated strategic responses to inflation.
Can the independent physician exist in the evolving climate of U.S. healthcare? This article presents the evidence for the survivability of the private medical practice.
CMS has shifted the paradigm of physician reimbursement from fee-for-service to fee-for-performance, where patient satisfaction scores have a significant impact. This study analyzes nonmodifiable parameters such as insurance type, age, and gender as ...