January 11, 2010 Two prominent physician associations reported their financial status to the Internal Revenue Service, with the American Medical Association reporting a loss in its 2008 IRS Form 990 and the Medical Group Management Association reporting a gain for the fiscal year ended June 30, 2009. ... FULL STORY
July 13, 2009 A perfect storm of administrative woes has been brewing over physicians' offices in sunny California. Headaches caused by the Medicare Administrative Contractor program have been worsened by other administrative changes; the implementation of the National Provider Identifier and the switch to EHRs... ... FULL STORY
By Linda Wilson June 22, 2009 John Pollastrini’s job these days is all about fixing what the economic recession has broken. “Patients come in, and they are anxious and depressed. I can vividly remember one patient who was basically totally stressed out—not sleeping, not eating well—because his company was going bankrupt,” says... ... FULL STORY
June 22, 2009 Profits were down in 2008 at the American Medical Group Association, based on its Internal Revenue Service Form 990 tax filing. The association took in more money in 2008 than it did the year before, but it also spent more. ... FULL STORY
June 08, 2009 The American Medical Association’s expenses were up while its revenue and membership were down in 2008, according to its recently released annual report, but it could have been worse. ... FULL STORY
By Shawn Rhea January 26, 2009 Retail and wholesale price data from the U.S. Bureau of Labor Statistics show that current economic woes affect how much docs and hospitals charge and collect for services. ... FULL STORY
By Barbara Kirchheimer January 12, 2009 Physician investors are finding little comfort in the familiar adage that healthcare is recession-proof. As with other industries feeling the pinch of an economic downward spiral, doc-owned businesses are scrambling to shore up declining revenue and make tough decisions to prepare for an uncertain,... ... FULL STORY
By Barbara Kirchheimer December 22, 2008 As consumer-driven health plans become more prevalent and the economy falters, patients are being asked to foot larger portions of their doctors’ bills. This shift is forcing physician practices that want to remain financially healthy to rethink their approach to billing and collections. ... FULL STORY
By Gregg Blesch November 17, 2008 Hospitals that want to reward physicians for their help saving money have gotten positive signals, but they’ll still have to wait for official rules. ... FULL STORY
October 20, 2008 A new report that says primary-care physicians are not prepared to provide the financial information that their patients with high-deductible, consumer-driven health plans and HSAs require got some backing from the American Academy of Family Physicians. ... FULL STORY
September 08, 2008 Physician investors are heavily involved with two recent hospital bankruptcies—as saviors to one in Michigan and as operators of one in need of saving in Calif. ... FULL STORY
August 25, 2008 HHS' advisory opinion concerning a gain-sharing deal between an academic medical center and orthopedic surgery and neurosurgery groups with active staff privileges at the center offers a mixed message to physicians. ... FULL STORY
July 07, 2008 The American Academy of Family Physicians recently jumped into the consulting business with the conversion of a subsidiary into a for-profit company offering consulting services to help physician practices and health systems adopt the patient-centered medical-home concept. ... FULL STORY
April 07, 2008 A recent complicated hospital ownership deal involving the splitting of a long-term lease between a management company and a syndicate-partnership of 80 physician investors may be a sign of more to come. ... FULL STORY
By Gregg Blesch February 04, 2008 New advisory opinions add to an increasingly clear road map of the right and wrong ways hospitals and docs can share cost savings without kickback concerns. ... FULL STORY
By Jay Greene January 07, 2008 If you are a partner in a medical group or an investor in a physician-owned hospital or ambulatory surgery center, 2008 is expected to be a particularly tough year filled with change, challenges and uncertainty. ... FULL STORY
By Rebecca Vesely November 05, 2007 The tentative merger between two major California medical malpractice insurers is facing fierce opposition from a former board member who is also a shareholder, and who could foil the plan to create the largest physician and surgeon professional liability insurer in the country. The Doctors Co. ... FULL STORY
By Jay Greene October 15, 2007 Masoud Khorsand, M.D., is bringing the revenue cycle management expertise he developed at his own clinic to other practices. “There needs to be a revolution in how offices are run over the next 15 years because practices are generally very inefficient. If you don’t manage finances well, you cannot... ... FULL STORY
By Andis Robeznieks August 20, 2007 The 10 participants in a CMS physician group practice pay-for-performance demonstration project achieved impressive performance targets for diabetes care, but only two qualified for financial rewards resulting from savings to the Medicare program. All 10 practices met at least seven of 10 quality... ... FULL STORY
July 16, 2007 Florida health officials reversed course in mid-June and cleared construction of a $267 million children’s hospital in Orlando after twice rejecting the bid from the Nemours Foundation. The pediatric provider’s latest, successful attempt hinges on efforts with the University of Central Florida and... ... FULL STORY
By Jay Greene July 02, 2007 Physicians are discovering that investing in their medical office buildings provides multiple advantages over traditional renting, such as lower operating costs, the potential for long-term equity growth, tax breaks, more spacious offices and greater control over building use and services offered. ... FULL STORY
March 19, 2007 California Attorney General Jerry Brown approved the sale of not-for-profit Paradise Valley Hospital, National City, Calif., to for-profit Prime Healthcare Services, Victorville, Calif., after placing more than a dozen conditions on the $30 million transaction. ... FULL STORY
By Vince Galloro March 19, 2007 Community Health Systems, Franklin, Tenn., has agreed to a $6.8 billion acquisition of Triad Hospitals, Plano, Texas, trumping an offer made last month by two private equity groups valued at $6.4 billion. ... FULL STORY
By Jennifer Lubell and Matthew DoBias February 21, 2007 Total hospital spending is expected to grow by only 6.6% in 2006, to $651.8 billion, which is a significant decrease from the 2005 rate of 7.9% and the first slowdown in that sector since 2003. ... FULL STORY
February 20, 2007 Regarding your coverage of University General Hospital Systems’ new plan for a boutique hospital chain In my nearly 40 years of operations in hospitals, I have seen a number of announcements regarding the "model for healthcare." ... FULL STORY
By Matthew DoBias February 05, 2007 Disparate forces in healthcare unite to decry Bush’s healthcare budget for 2008; ‘a remarkable leap backward to the stone age’Healthcare lobbyists for more than a dozen interest groups, some of which have battled on opposite sides in the past, found common ground last week in... ... FULL STORY
February 05, 2007 Pediatrix Medical Group, Sunrise, Fla., said the U.S. attorney's office in Miami is investigating the company's past stock-option-granting practices. ... FULL STORY
By Jessica Zigmond February 05, 2007 Former stockbroker Kamran Nezami and his physician partners believe their business plan for physician-owned hospitals is the healthcare model of the future, and a North Carolina development company is betting $1 billion that they're right. ... FULL STORY
By Joseph Mantone January 22, 2007 Gerard Durney’s plans included a New Year’s toast to Medicare rule changes that, at first glance, appear to level the playing field for hospitals to compete with physician practices that have invested in imaging equipment. ... FULL STORY
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