Finance

AMA Survey Collects Advice for Physicians Approaching Retirement

AMA Survey Collects Advice for Physicians Approaching Retirement

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The transition from the workforce into retirement is always challenging, but for physicians accustomed to working long or odd hours, it can be especially difficult.

Anomalous Times and Billing Practices of Anesthesia Practitioners Examined

Anomalous Times and Billing Practices of Anesthesia Practitioners Examined

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There are concerns that physician discretion in billing may be used inappropriately.

Patients Using GoFundMe Platform to Raise Funds for Scientifically Unsupported Medical Treatments

Patients Using GoFundMe Platform to Raise Funds for Scientifically Unsupported Medical Treatments

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GoFundMe, one of the largest crowdfunding sites, reported that medical campaign funding has increased $2 billion from 2015 to 2016.

Majority of Internists Still Have Financial Ties to Industry

Majority of Internists Still Have Financial Ties to Industry

A majority of internists still report financial ties to industry.

Make the Most of Employment: Guidelines for Evaluating Physician Employment Contracts

Make the Most of Employment: Guidelines for Evaluating Physician Employment Contracts

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Physician employment contracts include a number of bonuses and benefits that can be included or negotiated.

Turning Your Passion Into a Side Hustle: Tips for Physicians

Turning Your Passion Into a Side Hustle: Tips for Physicians

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Whether you're interested in writing for healthcare blogs or dabbling in a subject outside the realm of medical care, there's something for anyone with an interest in a side hustle.

Addressing the Uncertainties of the Public Service Loan Forgiveness Program for Medical School Graduates

Addressing the Uncertainties of the Public Service Loan Forgiveness Program for Medical School Graduates

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The Public Service Loan Forgiveness (PSLF) program promises to forgive any remaining federal loan debt for employees at governmental or nonprofit institutions following 10 years of loan repayments.

No Meaningful Increase in Physician Compensation in 2017

No Meaningful Increase in Physician Compensation in 2017

There was no meaningful increase in physician compensation in 2017, and a decline in productivity was noted.

2017 Financial Preparedness Report Highlights Top Concerns From Resident Physicians

2017 Financial Preparedness Report Highlights Top Concerns From Resident Physicians

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An annual survey of resident physicians conducted by AMA Insurance found that the top financial concern of current residents is paying off medical school loans.

Most Surgical Residents Want Financial Education

Most Surgical Residents Want Financial Education

Surgical residents feel strongly that personal financial education should be offered during medical training.

Three Financial Metrics Can Improve Practice Performance

Three Financial Metrics Can Improve Practice Performance

By understanding three indices and metrics, physicians can change the financial outcome of their medical practice.

Embezzlement Not Uncommon in Medical Practices

Embezzlement Not Uncommon in Medical Practices

Embezzlement occurs frequently in medical practices and steps should be taken to prevent it.

Government and Industry Lead the Way in Funding USPSTF Systematic Reviews

Government and Industry Lead the Way in Funding USPSTF Systematic Reviews

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Researchers sought to assess the frequency of specific government agencies and organizations in their funding for the review studies.

Hospitals Face $218 Billion in Federal Payment Cuts From 2010 to 2028

Hospitals Face $218 Billion in Federal Payment Cuts From 2010 to 2028

A study examined how 11 pieces of legislation, combined with regulatory changes by the Centers for Medicare and Medicaid Services, would affect cumulative federal payments to hospitals from 2010 through 2028.

Do Tax Preparation Services at Pediatric Clinics Improve Patient Care?

Do Tax Preparation Services at Pediatric Clinics Improve Patient Care?

Refundable earned income tax credits are associated with greater child health among the working poor.

Standardized Funder Policies Will Improve Transparency, Publication Bias in Clinical Trials

Standardized Funder Policies Will Improve Transparency, Publication Bias in Clinical Trials

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Research findings suggest the need for greater adherence to a standardized set of policies aimed at improving transparency among clinical trial funders.

Countdown to Retirement With Saving Strategies for Physicians

Countdown to Retirement With Saving Strategies for Physicians

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Even young, fresh-out-of-residency physicians need to think about retirement.

Discrepancies Noted in Financial Disclosures Among Academic Physician-Directors

Discrepancies Noted in Financial Disclosures Among Academic Physician-Directors

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Continued improvement in payment reporting mechanisms is crucial to meet the benchmarks set by the Physician Payments Sunshine Act.

Growth in Healthcare Employment Has Led to Rise in Healthcare Costs

Growth in Healthcare Employment Has Led to Rise in Healthcare Costs

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In an era in which technology constantly evolves and becomes smarter by the day, it's not surprising that healthcare costs continue to climb.

Rates of Major Depression Up Among US Insured, Especially Youth

Rates of Major Depression Up Among US Insured, Especially Youth

Diagnoses of major depression have increased since 2013, particularly among adolescents and millennials.

Nonprofit Manufacturer Could Keep Generic Drug Costs Down

Nonprofit Manufacturer Could Keep Generic Drug Costs Down

Project Rx may drive other nonprofit and for-profit manufacturers to enter generic drug markets.

ACP: Position Paper Recommends Solutions to Close Gender Equity Gap

ACP: Position Paper Recommends Solutions to Close Gender Equity Gap

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While overall gender diversity has improved in the healthcare profession, female physicians are still paid significantly less than their male counterparts.

Nonoptimized Drug Therapy Costs More Than $500 Billion Annually

Nonoptimized Drug Therapy Costs More Than $500 Billion Annually

The estimated annual cost of prescription drug-related morbidity and mortality resulting from nonoptimized medication therapy was $528.4 billion in 2016.

Prior Authorizations and Clinical Outcomes: Repercussions for Patient Health

Prior Authorizations and Clinical Outcomes: Repercussions for Patient Health

Physicians report an increase in the burden of prior authorization over the last 5 years.

Drug Copayments Elevated Relative to Cost of Prescription Drugs

Drug Copayments Elevated Relative to Cost of Prescription Drugs

Overpayment rates above 33% were reported for 12 of the 20 most commonly prescribed drugs.

Healthcare Spending in the United States vs Other High-Income Countries

Healthcare Spending in the United States vs Other High-Income Countries

US spending data was compared with that of 10 other high-income countries.

Examining the Gender Pay Gap: Diagnosing Medicine's Gender Biases

Examining the Gender Pay Gap: Diagnosing Medicine's Gender Biases

Throughout medicine and the biomedical sciences, women continue to receive lower salaries and less funding, have fewer publications and first author publications, and are promoted at slower and lower rates.

Price Markup Associated With Outpatient Oncology Services Examined

Price Markup Associated With Outpatient Oncology Services Examined

Inflated medical costs may affect patients' treatment decisions as out-of-pocket costs increase.

High-Deductible Health Plans Linked to Lower Health Care Utilization

High-Deductible Health Plans Linked to Lower Health Care Utilization

Emergency department visits declined by 14% among study participants were switched to a high-deductible health plan.

340B Drug Pricing Program Participation May Increase Physician-Hospital Consolidation

340B Drug Pricing Program Participation May Increase Physician-Hospital Consolidation

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Participation in the 340B Drug Pricing Program has been associated with hospital-physician consolidation particularly among hematologist-oncologists.

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