Business of Medicine - Physician's Weekly - Page 3


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Business of Medicine

How Physicians Can Avoid Costly Tax Errors

Apr 28, 2022

Physicians’ salaries average significantly higher than the average American salary. While this certainly adds to the draw of becoming a physician, it also comes with the stipulation of belonging to ...

How Physicians Can Gain Their Patients' Trust

Apr 20, 2022

Physicians are charged with the tremendous responsibility of caring for patients. Within this dynamic, patients believe that physicians will act within the best interest of their health and will uphol...

Physicians Should Acquaint Themselves With Medical Board Rules

Apr 14, 2022

Along with the tremendously high ethical and professional standards placed upon physicians comes the need to monitor physician adherence to medical board rules. Although physicians rarely require disc...

“Physician Assistant” to “Physician Associate”: What's in a Name?

Apr 06, 2022

As of May 2021, the American Academy of Physician Assistants (AAPA) House of Delegates passed a resolution altering the meaning of the medical acronym PA from “physician assistant” to “physician...

Common Financial Errors Made by Physicians

Mar 30, 2022

Physicians face a number of challenges in their careers. One challenge for many physicians is how to manage finances. Ideally, physicians will both maximize the amount of earnings they maintain and kn...

Legally Terminating a Physician-Patient Relationship

Mar 23, 2022

A physician’s sworn duty is to care for all of their patients with the goal of alleviating suffering and preserving life. Yet, in rare instances, a patient-physician relationship turns toxic and ter...

Patients With Breast Cancer Uncomfortable Discussing Cannabis Use

Mar 16, 2022

Cannabis has become an increasingly popular source of pain management for medical ailments. With growing frequency, patients with breast cancer are turning to cannabis to help them cope with symptoms ...

A Comprehensive Malpractice Insurance Plan Can Protect Physicians

Mar 09, 2022

Many physicians are acutely aware that although accidents are a natural element of human nature, even a slight, unintentional mistake could lead to a dire outcome that may include a medical malpractic...

LGBTQ+ Residents Face Workplace Discrimination

Mar 03, 2022

Despite the many strides gained by the LGBTQ+ community, it still faces daily discrimination and harassment, including in the work environment. Within the medical profession, LGBTQ+ surgical residents...

Intentional Growth Plans & Successful Medical Practices

Feb 23, 2022

In order to successfully navigate the ins and outs of necessities like insurance, technology solutions, and HIPAA compliance, medical practices benefit from establishing a solid growth plan. In the ab...

Dr. MedLaw Q&A: Exit Processes With EMR Vendors

Feb 22, 2022

Q: I want to change EMR vendors but the current company is holding me up for big fees.  How is this legal, since the patient is one who really owns the records?  I couldn’t hang onto records to fo...

The Benefits of Strategic Approach to Automation in Revenue Cycle Management

Feb 16, 2022

With each new year, revenue cycle management (RCM) grows increasingly challenging, prompting medical practices to look for more efficient methods that will optimize RCM processes. One such method has ...

Dr. MedLaw Q&A: Addressing Intellectual Property

Feb 15, 2022

Q: I’m a pediatrician and my wife is a software designer. We were talking about combining these to design games for kids with serious illnesses to help them understand their care. The problem is tha...

Wrong-Site Surgeries May Lead to Malpractice Suits

Feb 09, 2022

Although they rarely occur, wrong-site surgeries are incredibly stressful and damaging events. Wrong-site surgeries include those performed on the wrong body part, the wrong side of the body, or on th...

Dr. MedLaw Q&A: The Legal Doctrine of Intervening Superseding Cause

Feb 08, 2022

Q: The rule at our ASU is that a patient who received sedation should not drive after discharge, so patients are required to either have a ride or we will call a cab for them. They are instructed abou...

How to Ensure That Your Practice Complies With New Stark Regulation Clarifications

Jan 21, 2022

As of January 1 new Stark regulation clarifications are in effect, addressing the relationship between physicians and designated health services (DHS) like laboratory services, radiology services, and...

The Pandemic’s Toll on the Hard of Hearing

Jan 20, 2022

While most of us are now used to wearing face masks and social distancing, life during the pandemic has been more challenging for those who are hard of hearing. The WHO estimates that 466 million peop...

Understanding the Three Worth-Based Stock Categories

Jan 18, 2022

Depending on whom you ask, there are dozens of ways to classify stocks. They can be sorted according to the location of the company, projected growth, and whether their earnings tend to follow a cycli...

Female Physicians Still Earning Less Than Male Counterparts

Jan 18, 2022

Female physicians continue to find that they receive lower compensation than their male counterparts, according to a 2021 Physician’s Compensation Report. Data from the report indicate that male pri...

Understanding Negligence

Jan 11, 2022

To err is human. Doctors are human. Doctors will therefore err. …and doctors understand this. However, when doctors look at the law, they want to know why their mistakes are called “ne...

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