March 21st 2025
Key estate planning changes in 2025: potential tax law shifts, federal exemption sunset, retirement account rules, state death taxes, and cryptocurrency issues.
How to Implement a Bonus Plan Based on Incentives
December 1st 2003Does this sound familiar? Every year at Christmas time, you make a decision to provide a bonus to your employees. You check with your accountant or office manager to see what you gave last year, and you increase the amount from 5 percent to 15 percent, depending on the profitability of the practice.
How available is medical business training?
November 1st 2003Despite the trend over the past decade for the formation of larger and larger group medical practices, more than 70 percent of dermatologists still practice in one- or two-doctor offices. For a time, young physicians shied away from becoming solo practitioners, but once again, more are considering the possibility of starting or taking over solo dermatology practitioners.
Reimbursement Achievable for Biologics in Psoriasis
September 1st 2003The January FDA clearance of Biogen Inc.'s Amevive (alefacept) for thetreatment of moderate-to-severe chronic plaque psoriasis officially usheredin the era of biologic treatments for dermatologists. Amgen Inc.'s biologic,Enbrel (etanercept), FDA-cleared for treating psoriatic arthritis, has alsobeen prescribed (off-label) for psoriasis. Amevive, administered by IM injectionor IV infusion in the physician's office, is purchased directly from Biogenby the physician or institution while self-injected Enbrel is purchasedby the patient at the pharmacy.
Doctor-Friendly Malpractice Legislation
June 1st 2003There are signs that House Republicans and the Bush Administration may be preparing to pull out the stops to pass malpractice reform legislation this year as a way to placate physicians who face another projected reduction in Medicare reimbursement levels next year.
Medicare Reimbursements Rise Rather Than Fall
March 1st 2003Despite the combined fiscal pressures of a defense buildup, promised tax cuts, and a growing federal deficit, intense pressure by physicians - including dermatologists - has resulted in a 1.6 percent Medicare physician-reimbursement increase rather than the 4.4 percent cut that had been slated for 2003.
Elewski Seeks to Bolster AAD's Solidarity
January 1st 2003Enhanced solidarity. These two words sum up what Boni E. Elewski, M.D., wants to accomplish during her tenure as president of the American Academy of Dermatology, beginning in February 2004. Dr. Elewski, a Birmingham, Ala., dermatologist, becomes president-elect of the academy in March.
Outpatient Hospital Costs Rise, Fee Schedule Delayed
December 15th 2002Medicare spending for hospital outpatient services will increase by nearly 6 percent in 2003 under a final regulation published by the Centers for Medicare & Medicaid Services late in October. However, the new rate schedule will reduce reimbursement of some drugs significantly, including blood products, medical devices, and high-technology procedures that do not require an overnight stay.
Physician leaders key successful team approaches in practices
October 1st 2002New Orleans -- Running an efficient office is a matter of combining myriad criteria, among them productivity, capacity utilization, and managing and turning over accounts receivables. While traditional benchmarks are a natural fit for these areas of practice management, a fourth is the sole responsibility of the physician - managing the productivity and satisfaction in the daily work environment.