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Monthly Archives: June 2007

We Fear the Wrong Things

15-Jun-07

In Marc Seigel, MD’s book, False Alarms: The Truth about the Epidemic of Fear, Dr. Seigel relates that despite the hype in the media about exotically terrifying diseases, like mad cow disease, is misplaced with the public. Your risk of contracting mad cow makes the odds of winning the Powerball Lottery seem attainable!
I remember one […]

Do the same people who “hate Duke” hate doctors?

13-Jun-07

Colin Cowherd, ESPN Radio host, on the Thundering Herd (June 12):
“I’ve said this before, and I’m dead serious. The world would be a better
place if everybody went to Duke. People that go to Duke are just smarter and
better than everybody else. And that’s why I’m bringing Shane Battier
on…..From now on I’m only allowing people who […]

Physician as Entrepreneur

13-Jun-07

“How can I do what you did?” is a frequent question I receive from physicians after a speaking program. They’re not asking about how to become a speaker or consultant, but rather how to explore other interests and create revenue streams from new businesses. “I’m so frustrated by medicine, I’d love to do something different, […]

Malpractice Solution: Transformation of Tort Law into Contract Law

13-Jun-07

Let me introduce you to my friend Jeffrey Segal, MD, FACS. Jeffrey is a neurosurgeon and has developed a business called Medical Justice. Essentially, Jeffrey converts Tort (malpractice) law into Contract law. Allow me to overly simplify. There are three parties: a physician, a patient, and insurance company, (technically “companies”).
Old Tort Model: The patient […]

Easy for you to say… Language of Healthcare Misnomers

07-Jun-07

There are different “languages of healthcare.” Clinicians speak patient language but often don’t speak the healthcare language of regulation, quality, or finance. It pays to understand and effectively translate from one dialect to another. For instance, “medical necessity” may sound “clinical” but it’s really financial. For CMS, “medical necessity” doesn’t mean something that’s “medically necessary,” […]

SNEAK PEEK! New CMS Hospital Reimbursement HCAHPS Based Guidelines

06-Jun-07

Do you remember when HCFA, (a.k.a. CMS), released new documentation guidelines about ten years ago…. And then a few years later released “new” guidelines but promised to eventually release a totally revamped version… but you’ve been puzzled why that, frankly, never materialized? Well, it turns out the reason they’ve taken so long in “updating” those […]