Imaging centers commonly bill for services globally and negotiate compensation rates with radiologists as a percentage of collections or net revenues. The Fair Market Value of compensation rates for professional radiology services can vary substantially…
Physician practices often have to bring in surgical specialists to work part-time when there are special medical needs. There are referral relationships between generalists and specialists, so it is important to ensure that financial relationships…
Healthcare spending in the United States is projected to surpass $3.82 trillion in 2019. Many Americans have preconceptions about how this 18.7% of our GDP will be spent.
Physician needs analysis is a tricky endeavor, but it is necessary for recruitment assistance, not-for-profit hospital community needs reporting, and anti-trust market analysis. The core of this analysis is focused on ratio of physicians-to-population for…
The ratio of Work-to-Total RVUs is an excellent proxy for normalized compensation-to-collections ratios. But what do you do when physician collections are not normal?
The Provider Utilization & RVU Analysis Data subscription is massive with 687,000 healthcare professionals. Here are three real uses for the data.
A huge wave of 1,800 new ambulatory surgery centers opened between 2003 and 2007. With an average life cycle of 10 to 12 years, that generation of ASCs is winding down, and a new generation…
Healthcare spending in the United States is projected to surpass $3.67 trillion in 2018. Many Americans have preconceptions about how this 19.5% of our GDP will be spent.
The business sections of bookstores are full of lots of useless drivel. Here are 10 business books that I like.
In 2006 the average cost to construct a freestanding 12,500 square foot ASC in the U.S. was about $3.6 million. By 2016, the cost to reconstruct the same exact surgery center rose $1.8 million (50%) to $5.4…
The U.S. Bureau of Labor Statistics will start surveying compensation for 15 different physician specialties starting in 2018. This change is part of an update to BOLS’ Standard Occupational Classification codes.
The persistent presence of out-of-network benefits in employers’ health plans has resulted in continued disputes between insurers and providers over pricing. Ultimately, when insurers and providers end up in court, everyone wants to know the Fair Market Value…
Professional healthcare management arrangements have a long history, dating back to the founding of HCA and Tenet Healthcare in the 1960s. These arrangements are now widespread. Health systems and professional management companies are managing hospitals, physician…
Interview with David J. Pivnick of McGuireWoods LLP A non-compete provision is a contractual agreement wherein one party agrees not to compete with another party for a set period of time. The growth in physician…
British neurosurgeon Henry Marsh’s book Do No Harm gives readers a gritty look at the daily trials of practicing surgery as a consultant at St. George’s Hospital in Great Britain’s National Health Service (NHS).
During this webinar, guest speaker Emily A. Johnson of law firm McDonald Hopkins discussed regulatory issues affecting pathologists and clinical laboratory businesses.
By Perry Bacalis, Carr Healthcare Realty The current commercial real estate market has been dramatically affected by the economy in the past several years. This has resulted in a very favorable environment for tenants, as…
Healthcare spending in the United States surpassed $3.4 trillion in 2016. Many Americans have preconceptions about how this 19% of our GDP is spent.
A new federal budget bill just closed the door on the Medicare arbitrage for outpatient businesses purchased by hospitals. However, research shows commercial reimbursement is still much higher for hospital-owned outpatient services.
Approximately half of the community hospitals in the United States are not-for-profit organizations. These hospitals have also elected to operate exclusively for charitable purposes, having secured substantial tax benefits by being recognized accordingly as tax-exempt…
