The “Silver Tsunami” is upon us: every day in the United States, 10,000 people turn 65. According to the Administration on Aging, those over 65 represent more than 15% of the population; that will swell to more than 20% of the population in the next decade. Americans...
In light of the high profile cases in recent news, New York State Governor Andrew Cuomo signed into law new provisions targeted at preventing sexual harassment in the workplace. The new law went into effect on April 12, 2018, and requires New York State employers to:...
On February 13, 2018, New York Governor Andrew M. Cuomo proposed a 30-day budget amendment designed to crack down on physician misconduct.1 The budget amendment sought significant and material changes to a number of statutes that would have involved the medical...
Management Services Organizations (MSO) have been common in the medical space for many years, existing to assist and streamline administrative, back office, and other non-clinical services for physician practices. MSOs can provide value by assisting practices in...
When individuals invest, they consider mutual funds, stocks, bonds, real estate, and other potential options, however they often overlook the possibility of investing in life insurance. Yes, life insurance is an important component of your financial plan from a risk...
With physicians looking to find ways to increase their revenue streams, some physicians have started working with Medicaid patients. While this may open up an additional revenue stream for them, it may also open up increased risk for unsuspecting practices. With...
Telehealth is another fascinating product of human ingenuity; the United States Federal Government defines telehealth as: “The use of electronic information and telecommunications technologies to support long-distance clinical health care, patient and professional...
One of the toughest issues facing closely held medical practices deals with succession planning. While large groups often have multiple owners with an established procedure for redeeming equity stakes and a pipeline of potential successors waiting, closely held...
For many patients, scheduling a doctor’s appointment is an unnecessarily frustrating task. First, there is the challenge of scheduling an appointment on a day that fits into their often busy calendar. Then, even when they find the perfect appointment, there is only...
