Practice Management

7 Types of Insurance to Protect Your Medical Practice

If you’re a family physician who manages your own private practice, then you are well aware of the challenges that come with being a business owner. You’re the judge, jury and executioner when it comes to laying the ground rules for how you want your practice to operate. But if you’ve recently acquired your own independent practice, there are a few things you need know – namely how you can protect your practice from various risks.

From day one of opening your practice, you expose yourself to certain liabilities, which is why [ . . . ]

As part of MIPS reporting for Performance Year, Eligible Providers are required to report under the “Promoting Interoperability” category (formerly known as Advancing Care which was formerly known as EHR(Electronic Health Records). For most hospital-based rehab providers, whose practice is in a free-standing rehab facility (such as Encompass Health), there is probably no capability of using an EHR system which satisfies CMS’ physician requirements – Encompass Health’s system does not meet physician reporting requirements.

In order to avoid losing 25% of points in the MIPS Scoring system, these providers can submit  a very simple Hardship Exception indicating:

-“Lack of Control over the [ . . . ]

A physiatrist contacted me today asking about the average number of vacation days for a senior physiatrist. My guesstimate is about 6 weeks. As I said to him, the number of vacation days as a benefit are often negotiable especially when you are a senior physiatrist and not tied to a particular number.
There is not alot of information available on this subject. I couldn’t find any information specific to career level and the number of vacation days. In general across all levels, an article from the August 27, 2018 New England Journal of Medicine says that Paid Time Off benefits [ . . . ]