Practice Management

The Illinois Bone and Joint Institute, based in Morton Grove, was recently named among the healthcare organizations that will participate in the Centers for Medicare & Medicaid Services Bundled Payments for Care Improvement initiative, according to a Medscape report.

With just one year remaining before the largest parts of the federal health reform law take effect, 2013 will be a busy year for hospitals as they prepare for the biggest changes in healthcare since Medicare was introduced in 1965.

Here are 15 statistics about how orthopedic surgeon compensation compares to other specialties, based on data from the Medscape Physician Compensation Report 2012.

Although U.S. healthcare spending is in a multiyear slowdown, growing just 4 percent in 2011, state and local government healthcare spending is growing much faster, up 10 percent in the same year, according to a report by the Pew Center…

Washington, Pa.-based Advanced Orthopaedics and Rehabilitation has moved its office location and now includes digital X-ray equipment, according to a Tribune Live report.

Orthopedic Associates of Southwest Ohio is moving forward with its plan to develop a $2.5 million new practice building, according to a Dayton Daily News report.

Hospitals can charge patients facility fees of more than $1,000 if they see physicians who work in an office that is owned by the hospital, according to a report by The Boston Globe.

Salaries and compensation packages of hospital-employed physicians have become a burning topic in recent years, mostly due to the upsurge in hospitals acquiring physician practices and subsequent employment of physicians.

Rockford (Ill.) Orthopedic Associates and Crystal Lake Orthopedics have announced their intention to merge.

Readmissions are a significant concern for hospitals, as they will receive cuts to their Medicare payments for higher-than-expected readmission rates for certain diagnoses.