A three-physician group had been considering adopting an EHR system for more than a year. Many colleagues had moved forward with EHR and some had even received an $18,000–24,000 initial stimulus payment for each physician with other payments to follow.
The Cancer Therapy & Research Center (CTRC) welcomes four medical oncologists and a surgical oncologist to its multispecialty group of expert physicians.
Many organizations are realizing cost savings, increased productivity, increased employee satisfaction and a sharpened focus on their core competencies by outsourcing some or all of their human resources (HR) responsibilities and tasks.
There is so much talk about physicians not being able to maintain their independent medical practices because of greatly increased administrative burdens, higher expenses, lower reimbursements and the like. That same talk goes on to say that physicians leaving residency will not open new practices, but rather join hospital systems.
In June 2014, a Kentucky oncology center and its former office manager pled guilty to purchasing and selling unapproved and improperly labeled chemotherapy drugs and paid $2 million to reimburse the Centers for Medicare and Medicaid Services (CMS). The crime was purchasing drugs approved in foreign countries from an unregistered Canadian supplier, which constituted “false claims” under federal law.
Two of the biggest complexities of running your own practice are hiring employees and reporting payroll.
The Texas franchise tax is an often-forgotten source of additional taxes a practice must incur to operate in Texas. Essentially, this tax places a 1 percent tax on the gross margin of a practice. While the rules governing the franchise tax are lengthy and complicated, potential reductions exist for businesses in the medical industry.
MD News has published several articles recently about new tax laws and tax planning. Now that you have addressed your personal and medical practice taxes for 2012, you can truly focus on planning for 2013.
Lack of sleep could result in irreversible physical damage, including the loss of brain cells. That’s the conclusion of a recent University of Pennsylvania study, “Extended Wakefulness: Compromised Metabolics in and Degeneration of Locus Ceruleus Neurons,” published in the Journal of Neuroscience.
Poor sleep could result in diabetes. In the June 6, 2014, online edition of The American Journal of Respiratory and Critical Care Medicine, researchers concluded there appears to be a confirmed link between sleep apnea and the risk of developing diabetes.
Fifteen years ago, in 1999, South Texas Radiology Imaging Centers (STRIC) emerged as an outpatient radiology provider, bringing almost 50 years of experience from the radiologists of South Texas Radiology Group, PA (STRG).
As baby boomers approach retirement, many may find themselves in different economic circumstances than they had planned.
At Southwest General Hospital, two obstetrics and gynecology (OB/GYN)-trained physicians have established a practice to serve the community in which they grew up.
Protecting your practice from cyber fraud has never been more important to the security of your business and your patients. There is a misconception that fraud attempts only affect larger corporations, but the reality is fraud happens every day to businesses of all sizes, including medical practices.
Medical professionals know that it often takes a team of people to care for a patient, and the same can be said for the support needed to successfully manage someone’s diverse financial and banking needs. The most effective private wealth banking services surround the client with a team of professionals with specialized expertise, ready to meet every challenge.
As a community, we are making progress in dealing with teen pregnancy, but we have a long way to go. Teen pregnancy and childbearing among adolescents is a complex problem that is closely linked to many critical issues, including educational failure, risky behavior, poor health, poverty and single parenthood. Those at risk include not only the babies and the mothers, but also the fathers, the families and the whole community.
For individuals suffering from mild to moderate obstructive sleep apnea (OSA), oral appliances have proven as effective as, and in many cases even more tolerable than, continuous positive airway pressure (CPAP) machines.
Southwest General Hospital looks for ways to promote community health. Its AngioScreen assessment program takes cardiovascular checkups to businesses and neighborhoods throughout south Texas.
Nilesh Patel, MD, Medical Director of Bariatrics at Southwest General Hospital, and Deowall Chattar-Cora, MD, board-certified plastic surgeon, collaborate to provide a life-affirming patient experience and superior outcomes.
The Texas Medical Board (TMB) periodically alters the board rules and regulations. Recently, there was a smorgasbord of changes.