AAOS Now, April 2011
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Someone is watching you
Did you know that the Centers for Medicare & Medicaid Services (CMS) lists more than 4,000 acronyms for various programs?
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Add muscle to your revenue management
New member benefit can reduce rejections, help speed payments What are your top three concerns about your practice? If you’re like most physicians and practice executives, financial performance will probably rank among them. For most practices, pressures on reimbursement and increasing costs—particularly in the area of collections—are constantly straining their ability to cover practice expenses.
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Enhance your practice revenues with AAOS primer
Primer provides “pearls” of wisdom; “pitfalls” to avoid In the past, development of a financially successful practice hinged primarily on a physician’s clinical expertise, which served to attract patients and generate revenue. But today, the economic climate is very different. It used to be relatively easy for orthopaedic surgeons to maintain their net incomes by seeing more patients and doing more surgeries.
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Divisional mergers
Consider this option for keeping your practice viable If you are an individual orthopaedist or in a small orthopaedic practice, you may be feeling that the professional and financial returns you are seeking are becoming more difficult to attain. Thus you may be thinking about how to grow your existing practice or whether to integrate your practice into a hospital-based organization or a multispecialty practice.
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Patient safety means patients first
Adverse events are more than just complications Although medical errors, adverse events, and complications have always been around, I, like most orthopaedic surgeons, had lumped them all into the category of complications—until I read Michael L. Millenson’s Demanding Medical Excellence: Doctors and Accountability in the Information Age.