- Industry News
- Access and Reimbursement
- Law & Malpractice
- Coding & Documentation
- Practice Management
- Finance
- Technology
- Patient Engagement & Communications
- Billing & Collections
- Staffing & Salary
Planning for Inflation
Where could I find some generic inflation factors for physician salaries, medical supplies, and other expenses such as malpractice insurance?
Question: Where could I find some generic inflation factors for physician salaries, medical supplies, and other expenses such as malpractice insurance?
Answer: According to consultant Ken Hertz, physician salaries tend to be tied to production rather than inflationary issues. They might not go up at all.
In terms of supplies, look at growth rates during the last three years for both volume and pricing.
In terms of malpractice, speak to your carrier. They often can provide a good indication of future increases.
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.
Reducing burnout with medical scribes
November 29th 2021Physicians Practice® spoke with Fernando Mendoza, MD, FAAP, FACEP, the founder and CEO of Scrivas, LLC, about the rising rates of reported burnout among physicians and how medical scribes might be able to alleviate some pressures from physicians.
