Practice Management News

A governance agreement is a written directive for how a practice’s board of directors is comprised and how it operates. Governance is the way in which an organization polices itself, and a good agreement includes a number of things that allow your practice to do that effectively. Decision-making policies, meeting procedures and board role definitions are a few examples.

Although medical specialty boards — as nonprofit organizations funded by physicians —have been entrusted to match revenue and expenditures, most boards exhibited revenues that significantly exceeded their expenditures in 2013, according to a research letter that recently appeared in JAMA.

WHO has prequalified the first generic version of sofosbuvir for the treatment of hepatitis C, a development that could improve access to quality-assured generic medicines, according to a press release.

Twenty hours of tense debate among the U.S. senators ended with the rejection of the “skinny repeal” bill — a major setback to President Donald J. Trump and the Republican Party’s plan to repeal and replace the Affordable Care Act.

The United States Senate is more than halfway through 20 hours of debate over the so-called “skinny repeal” bill that would start the process of eliminating the Affordable Care Act.

The FDA has granted fast track status to Lambda as a possible treatment for chronic hepatitis delta virus, the interferon’s manufacturer, Eiger BioPharmaceuticals, announced.

Specific investments should be made for pediatric care practices by stakeholders, including infrastructure, education and privacy-secured technology, to meet the needs of “the whole child,” according to a recommendation issued by the AAP.

To ensure the intended balance between encouraging innovation in drug development and accelerating the availability of lower cost alternatives to innovator drugs, the FDA held a forum to provide the public an opportunity to submit comments concerning administration of the Hatch-Waxman Amendments.

While a series of announcements by Senate Republicans seem to indicate that for the time being attempts both to replace and repeal the ACA have stalled, AMA president David O. Barbe, MD, warned the battle to protect health care for Americans continues.

In its response to the physician fee schedule proposed rule released by CMS, the AMA noted numerous positive changes that have the potential to improve patient care and save taxpayer dollars, including a request for information on regulatory relief, expansion of the Diabetes Prevention Program, consolidation and modernization of the legacy value-based payment systems and delayed implementation of appropriate use criteria.