I’ve come across a few healthcare articles this week in a variety of publications containing excellent infographics. If you’re reading this blog, you are likely involved in one way or another in healthcare administration, and therefore share an affinity for interesting data on some level....
One of our physician owners, Dr. Susan Sirota, recently wrote an article regarding physician burnout. As she indicates in her article, one in three physicians will experience burnout at some point during their career. The incidence of this experience is not decreasing among physicians, but...
There was a great article in the February issue of HFM Magazine from HFMA: Safeguarding ePHI: A Non-techie Guide for Healthcare Leaders by Chetan Parikh. The article reiterates what we have all heard before: medical record data is very valuable on the black market and...
President Trump announced this week that he is proposing a plan to increase access to short-term health insurance plans. These plans would not be subject to minimum standards for insurance set by the Affordable Care Act (ACA). This means that they would not be required...
This week, the merger between Advocate and Aurora Healthcare in Wisconsin cleared a major hurdle with approval from the Federal Trade Commission (FTC). The chair of the Illinois Health Facilities and Services Review Board approved the merger February 1st, and now the parties are just...
As you may have heard when you woke up this morning, the government shut down briefly overnight prior to the President signing off on a spending bill this morning. It is another incomplete fix for the need to fund the government long term, as there...
A couple weeks ago we shared the news that four not-for-profit health systems are joining forces to create their own generic drug company. In more big industry news announced this week, Amazon, JPMorgan and Berkshire Hathaway have, in an effort to protect their U.S. employees...
The President signed off on a bill that was passed by Congress earlier this week, “re-opening” the government and providing a short-term funding solution. Included in this bill, was a six-year extension of federal funding for the Children’s Health Insurance Program (CHIP). This is great news...
Working in the healthcare industry, it’s difficult to miss the signs and changes occurring due to consolidation. There are ever increasing market pressures in our industry to increase the level of care quality while reducing the overall cost of providing that care. In that vein, four...
It’s that time of year again when patient deductible liabilities are starting over again from zero. As a result, we all know to expect an increase in our self-pay liabilities at this time of year. Our friends and partners at Instamed recently shared a blog...