Thursday, November 29, 2018
Wednesday, November 28, 2018
Monday, November 26, 2018
A discussion with a health care attorney about practice acquisition
Thanks so much to Gary Herschman of Epstein Becker Green for his terrific wisdom on private equity acquisition of medical practices.
Saturday, November 24, 2018
An interview with Dr John Phillips
Dr John Phillips: For more information on Dr Phillips.
In this interview we discuss:
- prostate cancer screening
- advocacy
- medical education
- life
Saturday, October 14, 2017
1: Control. One must have control of day to day, week to week and have decision making ability. We all have constraints, but within their confines we need to be able to make meaningful decisions to be happy
2: Meaning: whether one lays brick, cleans floors, or does surgery, one must have the feeling that what they do has meaning and importance in the broader sense of life, to feel as though you will have left a positive mark, and that one's time here on Earth was not wasted. One must feel as if their work is critical to the success of their organization's mission, whatever that role maybe.
3: Respect: one must feel as though peers feel positively about your career and skills and that such skills are valued above and beyond a paycheck. One must feel that their patients respect them as well. Skills ought to cultivated and nourished.
4: Academics: medicine demands a decades long learning process. When a physician no longer finds learning fun, professional and personal happiness will suffer.
5: Compensation: once basic needs are met, happiness is not increased by absolute W2 income levels. While important, W2 is not everything. Compensation ought to be linked to effort but without the other 4 elements to satisfaction, professional satisfaction and happiness will always remain elusive.
Tuesday, May 23, 2017
Remaining Solo: 5 Strategies
1: Go micro: go super small. One doc. One staff or no staff. EHR, patient portal, no phones. No insurance. Good option for family doc.
2: Go concierge: charge extra fees. No insurance. Good option for family doc
3: Go super special: cosmetic, anti aging, infertility. Easier said that done. Good for plastic surgeon and derm.
4: Go non par: take no insurance. Bill at crazy out of network rates. Good for neurosurgery, Ortho, general surgery
5: Go stupid busy: how the rest of us do it. Take everything. See everything. Work everyday, everywhere. Not sustainable.
For option 5: rethink contracts. Get in with IPA.
Any other options? PM me.
Thursday, May 18, 2017
5 Threats to Independent Care
- MACRA/MIPS This is a very complex endeavor. No one who I have spoken to really knows precisely how to proceed. It is also a zero sum gain: the bonus payments from successful practices come from the deductions from the unsuccessful ones.
- Cyber security If you use any electronic resources, which includes electronic claims submittal, you are at risk for malicious cyber attack. Protection in the form of best practice IT solutions and insurance cost $$$
- Cost sharing/deductibles Even for patients with insurance, the dollar amounts of deductibles have risen dramatically over the past 10 years, far outpacing wage increases. This translates to fewer patient visits and more expensive collection efforts
- Consolidation Health care has become consolidated over the past 15 or so years. In some markets there is only one payer. On the provider side there has been a major shift to employed models into larger and larger entities. This means drying up referral networks combined with declining reimbursements to offices and increased premiums for employee health insurance.
- Income inequality The majority of increases in wealth, income, and standard of living have gone to the top 1%. Most doctor practices cater to the lower 99%, who struggle to pay bills and as such, put off health care as long as possible.
Wednesday, May 17, 2017
The latest and greatest tools
Wednesday, May 10, 2017
I am back!
Tuesday, November 03, 2015
Hiking the AT
AT DAY 5
Day 3 AT
Monday, November 02, 2015
AT over and out
Saturday, October 31, 2015
AT day 2
Thursday, August 20, 2015
Wednesday, August 12, 2015
Join me every Saturday at 10:30 for UrologyRadio
Wednesday, August 05, 2015
Stop complaining to me about your copays and deductibles!
Me: "Probably. Why would they not?"
Patient: "It is ridiculous. I pay thousands of dollars a year in premiums and I get sick once and I'm going bankrupt. It is bullshit."
Me: "I agree. These high deductible plans are terrible."
Patient: "It is because we are paying for all these smokers and sick people."
Me: "No, it is because we are paying for the high level executives to fly personal jet between their mansions and yachts."
"Patient: "Huh?"
Me: "Don't worry about it. You can take comfort in the fact that your hard earned dollar, when spent on your health care, is funding an executives super-high end lifestyle. You should feel good about that." [sarcasm seething from my lips]
No folks, the doctors are not the problem. Nor are the immigrants. Nor are the sick people. Nor are the poor people. The problem is that we all pay, via super high premiums, for a very few, well connected people, to live unbelievable lifestyles and to make so much money that they can, in turn, purchase are politicians.
Answer: Medicare for all. Demand it. Now. From your government. And stop complaining to me.
Join the movement: PNHP
Tuesday, August 04, 2015
A Simple Question, A Complex Answer
"Can you tell me real quick how to do a semen analysis?"
OK. Where do I even start?
Semen analysis is a complex diagnostic lab test. As such, it is a highly regulated endeavor. To do even a basic semen analysis requires a license from both federal and state agencies. Your lab must submit to both routine inspections and random inspections and must comply with regulations regarding quality testing, quality control (QC), and quality assurance (QA). Accuracy testing must also be performed a constant basis. The results of all QC and QA must be maintained for 7-10 years. The lab must have detailed operating and policy and procedure manuals. These are very complex items to develop. The lab must have safety manuals that meet OSHA standards. Other regulations include data security and backup, disaster planning, staff training and CME.
Oh yeah, and then there is how do the test itself, the semen analysis. But that description is for a different blog.











































