Linking you to industry trends, tips, and news
Discover two things physicians should consider when preparing for their financial future, see how medical practices’ non-physician clinical and administrative staff are compensated, and learn more in this week’s edition of Medicus Megabytes.
- If you are flying home or winging your way to a locum tenens job next week, you will be one of roughly 25.3 million passengers aboard U.S. airlines during the 12-day Thanksgiving holiday period, which begins today, as reported by Tech Times. To put that figure into perspective, Airlines for America anticipates an additional 65,000 people per day will fly to destinations around the globe.
- In a recent Medical Economics article, Bill Cleveland, MBA, CPA, CFP, partner and senior adviser with Preston & Cleveland Wealth Management, LLC, discusses how a liquid reserve fund and ample disability insurance can help physicians plan for long-term financial success.
- MySurgeon®—an iPhone app and website portal that allows surgical technologists, operating room nurses, and other surgical team members to personally update their surgeon’s surgical preference card—is now available on Google Play for Android users through Mederi Services, LLC, according to a Marketwired press release.
- Medscape’s newly published 2015 Clinical and Office Staff Salary Report indicates most medical practices (42 percent) employ between two and five non-physician clinical and administrative staff. Other findings gleaned from the survey of more than 1,050 doctors across 25 specialties include: 73 percent of physicians give annual raises to these staff members, and 65 percent of physician practices provide paid health insurance to their non-physician clinical and administrative staff.
- “CMS is pleased to implement the first fee schedule since Congress acted to improve patient access by protecting physician payments from annual cuts,” says Andy Slavitt, acting administrator for the federal agency, in a recent press release. “These rules continue to advance value-based purchasing and promote program integrity, making Medicare better for consumers, providers, and taxpayers.”