A Medscape Medical News Survey found almost 33 percent of physicians in small practices predict CMS' Medicare Access & CHIP Reauthorization Act of 2015 will result in small practices merging into larger groups.
Practice Management
Retained surgical sponges are a prevalent and often costly error, with the average malpractice lawsuit totaling $600,000.1 Due to the scope of the problem and its costly repercussions, Stryker decided to bring awareness to the issue and interviewed hundreds of…
Since 2007, California physicians have paid $17 million in fines for preventable medical errors, but these fines aren't curbing the number of medical errors, The San Diego Union-Tribune reports.
CMS released Open Payments data for 2015.
Thomas H. Lee, MD, of Boston-based Brigham and Women's Hospital, spoke on patient loyalty during the Healthcare Financial Management Association's 2016 National Institute in Las Vegas, according to Physician's Money Digest.
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Medical Tracking Solutions, developer of the iTraycer platform for medical device companies, added New Era Orthopaedics as a client.
Wayland, Mich.-based Falcon Waterfree Technologies and Franklin Park, Ill.-based Sloan donated 75 complete retrofit bathroom unites to Los Angeles-based Orthopaedic Institute for Children. The donation will help the orthopedic practice save almost $1 million and more than 22.5 gallons of…
Between 2004 and 2013, the most common reasons for readmission after total knee and hip replacements in Pennsylvania were hematoma, postoperative wound infection and prosthetic joint dislocation and infection, according to a report from the Pennsylvania Health Care Cost Containment…
When a facility is rife with physicians who are burnt out, it negatively impacts the organization as well, according to Physician's Money Digest.
Immersed in a highly competitive and regulated industry, independent physicians must demonstrate expertise in business management. Paul Slosar, MD, of San Francisco-based SpineCare Medical Group, says independent physicians must dedicate themselves to both clinical care and the "back-office side of…