Posted on July 16th, 2010
By Catherine Hill
An inspiration to many who know her (including Seneca High School chum, journalist Diane Sawyer) Brenda Townes started down the long road toward making her lifelong dream a reality when she enrolled in U of L Medical School at age 40.
Up to that time, she had enjoyed a full and satisfying run as a wife, mother, teacher, realtor, runner, gardener and Masters Degree candidate - yet the dream still called.
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Posted on July 14th, 2010
By Carole D. Christian and Theodore T. Myre, Jr. Partners, Wyatt, Tarrant & Combs, LLP.
The recent passage of the Patient Protection and Affordable Care Act (“PPACA”) is likely to accelerate physician employment by hospitals. Because of added burdens, requiring administrative time and monetary outlays, some have predicted the demise of solo and small physician practices. Coming on the heels of the 2009 law requiring adoption of electronic medical records, private practitioners may find that PPACA’s push toward integration of health services is a force too powerful to resist.
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Posted on July 14th, 2010
By Catherine Hill
Selection – the Purchase Experience
Dr. Jim Shaughnessy, who is Chief of the VA Hospital Dental Clinic, and his wife Karen have relied on The Door Store and Windows for quality doors and windows – twice. The first time was in 2004 when they selected The Door Store & Windows to install windows and a door in a new room addition in their home near Seneca Park. The second time, in May 2010, they had been so pleased with The Door Store and Windows’s previous work on the room addition that they went back to The Door Store and Windows to install 22 new replacement windows throughout the original part of the house.
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Posted on July 13th, 2010
By Jeffery A. Sexton, Managing Member: Arsenal Investment Advisors, LLC
The turmoil in world financial markets the past two years has caused many investors to question the “fairness” of this casino-like situation. Is a CD or 30-day U.S. Treasury bill the only safe investment for Main Street investors to purchase now? Is the game really that rigged in favor of the house? What happened to just buying Pfizer or Merck and holding on for twenty or thirty years until retirement while collecting nice dividends along the way? Unfortunately, you and your investment advisors (and bankers and real estate agents and CPAs and attorneys) are the unwitting victims of a grand academic experiment at the hands of my professors at the University of Chicago and their colleagues at other top business schools. The slick marketing machine of Wall Street with its bottomless budget only made matters worse.
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Posted on July 12th, 2010
By Calvin R. Rasey, President, Physicians Financial Services
Due to the current economic conditions many physicians have found it necessary to look into different strategies to help their hard earned assets from lawsuits, litigation, as well as taxation. In a recent conversation with a physician, the following question was brought to my attention. “Calvin I own a considerable amount of investment property and I don’t know how my assets should be owned in order to provide some protection, as well as tax savings for me and my family?” The answer to this question is complex due to each unique situation.
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Posted on July 12th, 2010
By Eric Gunderson, CEO, Valeo Communications
Often times when I talk to doctors about their marketing plan, they tell me they rely primarily on word-of-mouth from their existing patients to bring in new patients. This makes sense since there is certainly no more powerful form of promotion than having your own patients solicit new business for you.
The danger of relying on word-of-mouth, however, is the control you forfeit in terms of what is being said about your practice and whether or not your patients are sending you the kinds of cases you really want.
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Posted on June 1st, 2010
A new Web-based tool seeks to help patients spend less time in the waiting room before seeing their doctor. The application, called MedWaitTime, allows patients to check before their appointment whether their doctor is running late, akin to getting a flight-status update before going to the airport.
Patients can access the site, medwaittime.com, up to two hours ahead of their appointment. If the doctor is running late, patients can be instructed to arrive later than their scheduled appointment.
Patients can also enter their cellphone number into the system for alerts through text messaging.
Posted in Business & Finance | 1 Comment »
Posted on May 23rd, 2010
Dr. John Glaser, Chairman of the Healthcare CIO SmartBrief
For most providers data has been a secondary consideration. Data is often seen as less worthy of investment than areas such as equipment, buildings and IT support of clinical, operations and finance processes. Most IT discussions center on applications, with the focus of the application being improvements in important processes such as ordering tests or scheduling a patient.
Process improvements and investments in buildings and equipment will always be important. However, the management of data deserves the same level of importance. Increased accountability for care performance and interoperable electronic health records will lead to data graduating from the kid’s table to the adult’s table at Thanksgiving.
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Posted on May 14th, 2010
By Eric Gunderson, CEO, Valeo Communications
According to this article from the Washington Post, doctors all over the country are wringing their hands over what reform will mean to their business. I see this as an opportunity to identify key concerns and develop business models focused on addressing these challenges. Whether you’re a business offering a product or service, or a doctor who can partner with referring doctors to tackle reform issues together, now is the time to figure out how to start tweaking your business model and provide relief in an uncertain time for the medical community.
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Posted on May 7th, 2010
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Vice President Joe Biden and Health and Human Services Secretary Kathleen Sebelius awarded $220 million in grants to 15 “Beacon Communities” that will showcase how health information technology can boost patient care delivery nationwide. “These pioneering communities are going to lead the way in bringing smarter, lower-cost health care to all Americans through use of electronic health records,” Biden said. Healthcare IT News (05/04) InformationWeek (05/04) |
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