How Physicians Can Negotiate to Buy a Medical Practice The opportunity has arrived. Whether you have been in practice for many years or are a freshly graduated resident or fellow, the opportunity to acquire the practice of a retiring physician can be very appealing—and nerve wracking. This is likely one [...]
How to Negotiate to Sell a Medical Practice It is commonplace for a physician or group of physicians to sell their medical practice to a third party. Regrettably, physicians often fail to take the necessary steps to protect their interests and to maximize the benefits of the transaction. Medical practices [...]
How to Negotiate a Lease for a Medical Practice With the exception of the acquisition of certain types of equipment such as MRI machines and investments in facilities such as ambulatory surgical facilities, a physician’s office space will be the biggest financial investment made in connection with the operation of [...]
How Physicians Should Negotiate a Managed Care Agreement Even the largest managed care company is usually willing to negotiate its participating provider agreements to some extent. Amazingly, however, many physician practices sign the first draft that is presented to them. By doing so, they not only “leave money on the [...]
How to Negotiate a Physician Employment Contract Each year physicians lose substantial amounts of money due to poorly negotiated employment contracts. In addition to the significant monetary loss, physicians can lose freedom, restrict their professional choices, and impair their careers by signing unfair and unduly restrictive employment agreements. This loss [...]
The Aging Worker: Proactive Cost-Effective Ergonomics By: Ronald Porter, PT, CEAS III In 2013 US businesses must address the impact of an aging workforce, increased benefits expenses and a tepid economic climate. Proactive ergonomics is a simple cost-effective solution to reduce or control risk factors for musculoskeletal disorders for ALL [...]
How Doctors Can Earn Extra Income There are a number of proven ways in which physicians can increase revenue by doing consulting work on the side. http://youtu.be/dcvBSy-miRY?list=UUxG5tC-Jpwy9XjBMLqziSPA Physician Expert Witnessing. How much can a physician expert witness earn? Medical expert witnesses commonly charge $400-$1000 per hour or more. Devoting a [...]
Motivating Employees to Embrace Optimal Health Nicholas Hall Ph.D. People respond not to reality, but to belief-induced mental images of reality. This is key to understanding why some individuals fail to embrace health-promoting behaviors. Health-destructive beliefs are not justified, they serve no useful purpose, and they most likely are also [...]
Avoiding and Defending ADA Claims The number of successful ADA claims is increasing rapidly. In 2011, over 25,000 ADA charges were filed and over $100 million were recovered by charging parties. This is up from $54 million recovered in 2007. Some of the most common charges are for the following [...]
Symptom Magnification and Malingering in Orthopedic Cases By: Steven Babitsky, Esq. Many employers, insurers, and self-insurers suspect workers' compensation claimants of symptom magnification or malingering. These terms have been defined as follows: Symptom Magnification A conscious or unconscious self-destructive, socially-reinforced, behavioral response pattern consisting of reports or displays of [...]