According to 2023 reports, by 2021, nearly 70% of physicians were employed by hospitals or investor-owned corporations.
Category: Medical Group Minute
Although health care fraud doesn’t require the involvement of telemedicine, with advances in telemedicine come “advances” in criminal schemes.
In an organization we tend to be judged for what we do – not for the decisions that we make not to do something.
With physician shortages in many specialties opening up lucrative opportunities for locums work, temporary staffing is undergoing a boom.
Many medical groups have come to expect that their businesses run like vending machines. Push the button and out comes collections.
Compounding pharmaceuticals, specific drugs for specific patients, offers tremendous benefit. The problems arise when the benefit is for the prescribing physician.
The financial impact was immediate and momentous: Neither new nor existing claims, nor payment for them, could be processed.
Telehealth can be used to vastly improve patients’ access to medical care. At the same time, it can be used to vastly improve criminals’ access to Medicare dollars. It shouldn’t be that difficult for physicians to assess the bona fides of their proposed participation in a telehealth “business model” when the ones doing the proposing are telemarketers.
What’s a hospital surprise bill? Well, it’s something slightly different from the concept applied to physicians.
Physician practices, ASCs and other small to medium healthcare business entities, many of which have had only deposit relationships with banks, or which have had relatively low lines of credit, need to actively work to establish relationships with multiple potential lenders.
