In the past month Dr. Lakowsky and the rest the team at Reimbursement Rx has published some pretty bold statements. Well based on recent developments, it looks like those statements were right!
Direct Primary Care seems to be the "new" model of delivering healthcare on the block that physicians all across the U.S. have been talking about, but we believe that there is something missing from it.
The basic reason for doctors to understand billing practices is simple - this is how they get paid! Yet, this system is constantly changing both from the doctor's and patient's perspective. When doctors don't keep up, they miss out on compensation on their side and clarity from the patient's side.
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No, it’s not the Krebs cycle - It’s how physicians actually get paid. This simple example demonstrates how complicated the financial flowchain in medicine really is.
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MACRA is a new initiative passed by our federal government mandates that doctors across all specialties attest to doing something meaningful. This means that going forward a physician’s compensation will not be only tied to fee-for-service anymore, but it's going to be tied to the quality of work.
As we alluded to in many of our previous posts and videos, one of the most important problems facing healthcare is absolute and total lack of transparency. A recent lawsuit filed by the State of California has exposed that practices that cost BOTH patients AND physicians as a result of a lack of transparency are very real in our healthcare system today.
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This is a recording of our first webinar recorded live from Las Vegas! JOIN OUR NEXT WEBINAR back on this channel on March 28th at 1PM EST/10AM PST on the Reimbursement Rx Youtube channel!
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We've put together an edit of some of our previous videos to hammer home an important point that we have been emphasizing over and over : PHYSICIANS, NPs, AND PA's SHOULD NOT BE AFRAID TO ASK THEIR MEDICAL GROUPS ABOUT HOW AND WHY THEY ARE GETTING PAID WHAT THEY ARE GETTING PAID!
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"How does an insurance company or pharmacy know what is right for MY patient?!" It's a common frustration, but physicians are NOT powerless when it comes to overcoming denials that get in between themselves and treating their patients.
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Today's doctors might be scared about going into private practice, however, doing so is still as PRACTICAL as ever! Here's how any doctor can create a successful independent practice.
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QUALITY vs QUANTITY? What is more important in medicine? Here's an introduction for All RESIDENTS and practicing PHYSICIANS on those "QUALITY MEASURES" that are going to be changing the way all physicians do their work and get paid.
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At Reimbursement Rx, we believe that informed and happy patients make a physician's life much easier. This is why our aim is to help physicians understand the medical compensation system not only for their own behalf, but also for their patients' sake.
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Independent PHYSICIANS and those at smaller practices should NOT BE AFRAID to negotiate their contracted rates. Why? Because there is nothing to lose and everything to gain!
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Here's our reminder to RESIDENTS AND FELLOWS that doctors are IN HIGH DEMAND! You hold all of the cards, so DON'T be afraid when it comes to negotiating your first contract.
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It's not commonly known, but all medical and surgical residents and fellows should be aware that getting that first perfect job out of training is not just a matter of medicine or location - it's a matter of business too!
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It is no secret that hospital CEOs and other administrators can earn a very high salary. But how does that compare to the people performing the actual healthcare delivery, the physicians?
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It seems these days that large medical groups and foundations are taking over the entire medical field, but that's NOT TRUE!
Here are 4 REASONS why DOCTORS should always consider going into a private or independent practice.
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All DOCTORS should be asking themselves: "Are my contracted rates FAIR?" We find that a lot of physicians are too intimidated to negotiate fair compensation for themselves. Here's why they should NOT be!
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How much does medical treatment COST? Most physicians DON'T KNOW! Yet, the lack of transparency in pricing in medicine not only hurts patients, it hurts the physicians too.
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PHYSICIANS: Does your medical group have a TIERED RVU system? In this video, we explain why all doctors paid on RVUs worked should make sure their medical group has a Tiered RVU system.
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