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Business of Medicine

A Seller’s Market: How to prepare your practice for sale to a hospital

January 10, 2011

It’s 2011 and the pendulum is once again moving toward private practices selling to hospitals or affiliated foundations. Several years ago, the same phenomenon drove the medical market. Management companies and hospitals went on an acquisition frenzy, purchasing practices at breakneck speed. Soon, hospitals were dissatisfied, management companies went broke and physician practices went private again. Physicians simply proved to be less motivated and productive when employed by hospitals or affiliated with management companies.

Pages: 1 2 | Multi-Page

Falling on Deaf Ears: Hearing loss in older adults may be an undertreated condition

January 10, 2011

Most people will experience some degree of hearing loss as they age. Statistics from the National Institute on Deafness and Other Communication Disorders at the National institutes of Health (NIH) indicate that 30 percent of adults ages 65 to 74, and 47 percent of adults 75 years or older, have hearing loss.

Pages: 1 2 3 4 5 | Multi-Page

New Frontiers: Medical tourism brings potential for big business but poses big questions

January 10, 2011

More patients every year are traveling outside of the U.S. in search of lower health bills and treatments that might be unavailable to them at home.

Pages: 1 2 3 4 5 6 | Multi-Page

Experimental Tort Reform: States take different approaches to implement change

December 1, 2010

The health care reform law passed in March created a $50 million demonstration program to test alternatives to the current medical liability system. But reaction is mixed as to whether the new project will help fix what the physician and medical liability insurance communities view as a flawed and inefficient system.

Pages: 1 2 3 4 | Multi-Page

Advertise with Caution: State laws restrict how physicians can market themselves

December 1, 2010

In this economy, investing in advertising as a way to increase profits is an attractive idea. But, before you reach out to a marketing firm, let me tell you about a recent scenario that happened to one of my physician clients.

Pages: 1 2 3 | Multi-Page

A Coping Mechanism: Child life specialists can ease hospital stays for pediatric patients

December 1, 2010

Seven-year-old Michael is scheduled to have a hemangioma removed from his face at the Arkansas Children’s Hospital (ACH) Ambulatory Surgery Center in Little Rock. The morning of surgery, he and his mother meet with child life specialists Cassandra C. James, MS, CCLS, and Camille Dante, MS, CCLS, who show him pictures of the operating room. They let him play with an anesthesia mask and a pulse oximeter, and talk about what to expect when he goes to sleep.

Pages: 1 2 3 4 | Multi-Page

Safety Net: With violence on the rise, otolaryngologists implement prevention strategies

December 1, 2010

The shooting of a doctor and two patients at Johns Hopkins Hospital in Baltimore in September sent a shudder of fear through all physicians, but for those who knew the late otolaryngologist John Kemink, MD, it was particularly saddening.

Pages: 1 2 3 4 | Multi-Page

The Medical Home Gains Momentum: Could a team-based model work for otolaryngology?

November 1, 2010

The patient-centered medical home’s star appears to be rising. Thirty-eight states are testing this model of care in some way, according to the National Academy for State Health Policy. The federal health system reform law, passed this spring, includes several provisions encouraging the concept.

Pages: 1 2 3 | Multi-Page

Response from the editor

November 1, 2010

Dr. Sims has eloquently identified the value of diversity not only in otolaryngology, but also its contribution to the strength of the U.S. as a nation. Drs. Kuppersmith and Thomas have responded to his editorial indicating steps that the AAO-HNS has taken and is currently taking to increase diversity.

Pages: 1 2 | Multi-Page

Response from Dr. Sims

November 1, 2010

My Viewpoint was intended to call attention to a problem and inspire us to act with more alacrity.

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