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Articles from Jacob Thomas | Selfgrowth.com
- Shortage of Chiropractic physicians in US - by Submitted on Dec 05, 2011 from Jacob ThomasChiropractic Physicians in the US: A Brief Analysis and Outlook Chiropractors in the United States currently face numerous challenges and the recent health reforms have made a profound impact on this occupation. Moreover, the competition that it faces from other alternative medicinal ...
Views: 1238 - single payer system vermont - by Submitted on Dec 06, 2011 from Jacob ThomasVermont: State with Single payer system “Single-payer health system” which was passed in May 2011 by the Vermont governor, expects to accumulate savings of 24.3% of total health expenditure between 2015 and 2024, according to Harvard economist William Hsiao. Vermont is to be the first state ...
Views: 646 - Small Practices: Adapting to the Challenges of Healthcare Reforms for Better Revenue - by Submitted on Sep 29, 2011 from Jacob ThomasThe major challenges faced by physicians who run a small practice or clinics that have less than four or five physicians are expanding exponentially. Many physicians find themselves worrying and spending time on administrative processes and interacting with payers rather than spending some ...
Views: 557 - Some Common Tax Deductions for Physicians - by Submitted on Nov 04, 2011 from Jacob ThomasThere are many tax deductions for physicians who have their own clinic and even for those who work part time or full time in a hospital. Many such deductions are often overlooked and providers end up paying more than they should which can profoundly affect the revenue and the financial health of ...
Views: 869 - Standards of ethical Medical coding: Part 1 - by Submitted on Sep 27, 2011 from Jacob ThomasCoding is one of the core functions of healthcare providers and, due to the complex regulatory requirements impinging upon the health information coding process, coding professionals are frequently faced with ethical challenges. There are stringent medical guidelines in place for the entire ...
Views: 818 - Standards of ethical Medical coding: Part 3 - by Submitted on Dec 02, 2011 from Jacob ThomasHealthcare Insurance industry requires stringent guidelines and ethical practices for the protection of patient information. The field of medical coding and billing falls under the same ethical guidelines as any other part of the medical industry. Browse all: medical billing company Coding ...
Views: 796 - Strategic management of physicians’ day-to-day operational issues - by Submitted on Nov 29, 2011 from Jacob ThomasUnlike physician practices of yesteryears, physician practices today have found themselves surrounded by a larger pool of stakeholders: patients, government, and insurance carriers. While physicians commitment to quality medical services continues to be unquestionable, their ability to comply ...
Views: 794 - Strategic Realignment to Affordable Care Organization Model – providers perspective - by Submitted on Dec 07, 2011 from Jacob Thomas“While physicians embark on such transformational healthcare model, their quantum of Medicare reimbursement, and its amicable distribution among themselves is sure going to be complex issue. Given such complex calculation on Medicare reimbursements and qualifying incentives, an external medical ...
Views: 716 - Tackling the challenges faced by Physicians while treating Geriatrics - by Submitted on Dec 22, 2011 from Jacob ThomasThe Challenges in Geriatric Medicine The projected population of geriatrics is about 19.7 percent of the total population by the year 2030, according to the Bureau of Labor Statistics. In light of such projections, it becomes clear that physicians and health care providers are definitely ...
Views: 592 - Tackling the Demands Of Gastroenterology Medical Billing in Illinois - by Submitted on Dec 07, 2011 from Jacob ThomasLike most of the states in the US, Illinois too boasts of quality medical services. Lying in the Midwest region, Illinois population, being the largest in the region at 12,830,632 as per 2010 census, offers endless opportunities for diverse medical practitioners. Coupled with the demands of the ...
Views: 762 - Tax Exemptions for Physicians in Underserved Areas - by Submitted on Oct 31, 2011 from Jacob ThomasThe tax exemptions for physicians serving in underserved areas are no longer limited to a few states and have expanded to the whole nation, according to the IRS. The Affordable Care Act makes provision for professionals who received student loan relief under state programs that reward those who ...
Views: 1016 - The Impact of Hospital Billing Processes on Patients Longer Term Satisfaction - by Submitted on Jun 01, 2012 from Jacob ThomasThe sway that business offices can have on reference patterns amongst consumers is a tactical opportunity as the insurance market moves to high deductible plans and hospitals take in new physicians into their business. According to a survey conducted by Connance in 2011 Americans who received ...
Views: 837 - The Physician-Patient Relationship: Communication ‘Break Up’ - by Submitted on Nov 11, 2011 from Jacob ThomasThe physician-patient relationship is one of the most important aspects of the health industry and contemporary medicine. There have been numerous changes and tremendous advances in the way health care is delivered to people. However, the importance of the relationship between providers and ...
Views: 857 - The Proposed Medicare Cuts, and Its Imminent Repercussions - by Submitted on Aug 24, 2011 from Jacob ThomasThe Congress’ balancing act aimed at increasing nation’s debt, and decreasing federal spending has quite expectedly singled out Medicare – which is one of the priority spending sectors in the Federal Budget – as the nucleus of its growing deficit budget, and the one that requires immediate ...
Views: 545 - The Relevance of Using Perfect Modifiers in Medical Claims - by Submitted on Oct 20, 2011 from Jacob ThomasThe overlapping nature of certain medical procedures is such that it is impossible to report them with CPT codes alone. Although CPT coding has grown to be comprehensive enough to cover breakthrough procedures over the years, yet, physicians are not spared from submitting separate procedural ...
Views: 722 - The Top 5 States for Physicians to Practice Medicine - by Submitted on Aug 26, 2011 from Jacob ThomasThe best states in the US for practicing medicine can be determined by taking a holistic view of the state of health care in that particular area and comparing it with other places. Some states are surprisingly physician friendly while some may not be very suitable for physicians in certain ...
Views: 526 - Top 4 Challenges in Healthcare Information Exchange (HIE) - by Submitted on Aug 26, 2011 from Jacob ThomasHealthcare Information Exchange is the end goal of the recent health reforms in the United States and aims to provide better patient care on a continual basis by multiple organizations. The implementation of HIE not only helps in providing quality care to patients but also assists in reducing ...
Views: 702 - Towards Cleaner Claim Submission and Realization - by Submitted on Oct 24, 2011 from Jacob ThomasDespite vigilant system of medical claim submission practiced by physicians, the recent statistics released by the American Medical Association (AMA), has reported an increase in medical billing inaccuracies by 2% over the last year’s results. What is more significant is – apart from delay or ...
Views: 579 - Under-Coding: Financial Repercussions and Solutions - by Submitted on Oct 14, 2011 from Jacob ThomasUnder-coding can be defined as the procedure of medical coding where the codes do not reflect the full extent of the treatment provided to a patient. This can usually happen due to many reasons but the most common are errors or misreading of codes or because of the misconception that the chances ...
Views: 2250 - Varying trends in physicians income in 2010 - by Submitted on Jul 15, 2011 from Jacob Thomas2010 registered a positive trend in terms of increased income for primary care physicians in the US. The increase in income varies according to the specialties i.e. some specialties saw a modest increase in income while others saw a more pertinent rise. The factors which are responsible for ...
Views: 405 - What rules the roost in healthcare organizations-financial stability or patient care - by Submitted on Oct 28, 2011 from Jacob ThomasUnlike Public or Community Healthcare centers, which are funded and run by Federal Healthcare Department, the private healthcare centers have to find their own course to a sustainable means of practice amidst an intensely competitive healthcare industry. As most of these private practices ...
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