Tag: Practice Management
CARES Act: Financial Relief for Doctors and Other Small Business Owners as a result of COVID-19
The CARES (Coronavirus Aid, Relief and Economic Security) Act was enacted into law on March 27, 2020 to help provide financial stability and relief for individuals and businesses affected by COVID-19. While the bill is very broad and addresses a number of areas and industries, we believe the following are…
Health Care Rounds: De-Mystifying The Business of Healthcare Delivery Systems
The business of healthcare has become increasingly complex over the last ten years, with developments such as the emergence of Accountable Care Organizations (ACOs), the passage of the Affordable Care Act and present uncertainty over its future, and the accelerated implementation of telemedicine.
Concierge Medicine: The Return of the House Call
Many physicians, frustrated by the bureaucracy of modern medical practice, the financial pressure to shorten appointments and limit face time with patients, and the delays and hassle of dealing with health insurers for reimbursement, are increasingly turning to concierge medical practices as an alternative. Under this business model, patients pay…
Navigating the Regulatory Environment for Doctors Part 5 – HIPAA Security and Breach Notification
In our last post we started our discussion of HIPAA, the federal law governing patient privacy, with a look at HIPAA’s Privacy Rule. HIPAA is intended to impose nationwide standards on doctors in protecting patient privacy and pre-empts, or supersedes, any conflicting state laws. Therefore, Arizona’s patient privacy laws largely…
What Diligence Is Due When Buying A Practice?
Most doctors know that, as part of buying a practice, they need to perform due diligence into the practice’s records to ensure they know what they are buying. However, determining what that diligence will entail can vary widely, depending on the circumstances. As a general rule, you should review at…