Practice Management News

The American Medical Association and 118 other medical societies, including the American College of Rheumatology, are urging CMS to finalize proposed rules aiming to reform prior authorization, according to a press release.

Most medical practices nationwide sponsor some type of qualified retirement plan (QRP), including 401(k)s, profit-sharing plans, defined benefit plans and hybrid plans. Most physicians do not realize that a growing area of liability for all businesses, including medical practices, relates to QRPs and how they are managed.

In the United States, there were more than 600 excess deaths among physicians from March 2020 to December 2021, according to a research letter published in JAMA Internal Medicine.

There has been a lot of attention about a proposed rule from the Federal Trade Commission that would prohibit many noncompetes. However, much of the discussion has been misleading, if not entirely wrong.

Nearly half of adolescent patients who underwent Roux-en-Y gastric bypass or vertical sleeve gastrectomy had increased alcohol use and were at risk for alcohol-related harm and problems within 8 years of surgery, according to study results.

As we are in early 2023, we plan to use this column to provide a high-level update on new developments in tax and asset protection planning, and hope these updates prompt some physicians to look into these areas early in the year.

Our next post in this series addresses the taxation of sale proceeds if a target practice is classified as an S corporation.

A record number of Americans — 16.3 million — signed up for health insurance through Affordable Care Act Marketplaces in 2023, the Biden-Harris administration announced Wednesday.

Amazon has further expanded its reach into health care with a new discount prescription drug program.

The ACP has proposed a new process to streamline specialty referrals — a step that experts have called critical to fixing a massive issue in health care — but questions remain about the plan’s feasibility.