Are You Looking for Premium Increase Data? If you want to collect data on insurance company premiums, this information is available on the Department of Financial Services website. The information can be used for various purposes, from negotiating contracts to general awareness.
Wrongful Death Op-Ed in the Spotlight Monroe County Medical Society President Dr. Hemant Kalia’s powerful op-ed on pending wrongful death legislation was featured in the Rochester Democrat & Chronicle. Dr. Kalia writes, “We just completed a State Budget where significant steps were taken to address the stability of our various community health care providers, particularly
Two Years After Coding Changes Sought to Decrease Documentation, Notes Remain Bloated CMS implemented changes to E/M CPT billing codes in 2021 to reduce the administrative documentation burden on providers. However, a new study found that the average note length across all clinical notes has increased by 8.1% since then. Despite this, the average time
Handling Your Grief After a Patient's Suicide Physicians are often unprepared for the emotional toll of a patient suicide. They may feel guilt, shame, and self-doubt and struggle to cope with their own grief. This article discusses the emotional toll of patient suicide on physicians and offers tips for dealing with grief. The article also
Medicare Payment Rule Released with Yet Another Payment Cut That Must Be Fought With the proposed 2024 Medicare Physician Payment rule calling for a 3.36% cut to the Medicare conversion factor, I encourage you and your physician colleagues to contact your Representative and Senators Schumer and Gillibrand to urge that they enact legislation (HR 2474)
The Medical Society of the State of New York agrees with the action taken by Governor […]
Are You Prepared for Your Next Contract Negotiation? A physician-founded and physician-driven company, Resolve is bringing change to employment contracts by providing data and transparency into the physician market. Using the most accurate data on compensation and other contract terms sourced from actual contracts, Resolve delivers the insights and expertise to help physicians negotiate for what they truly deserve
Show Me the Money! This week’s webinars are all about financial planning. 7/31/23 –Navigating Opportunities and Risks: Altfest Mid-Year Market Outlook Webinar 12 pm or 7 pm Also, ICYMI, check out the replays of the following Altfest webinars: Real Estate Investing for Physicians Behavioral Psychology & Economics - How to
Workers Compensation Board Issues Permanent Rules for Telehealth Services After three years of temporary authorization, the New York State Workers’ Compensation Board (WCB) has released its permanent rule to permit coverage for injured workers’ medical care using Telehealth. The rule enables coverage for telehealth delivered care from physicians and other WCB-authorized providers after an initial
How to Counteract Behavioral Biases That May Hinder Your Investment Success A recent Altfest Insights article tackled the topic of counteracting behavioral biases to boost investment success. Common cognitive biases such as overconfidence and herd mentality can hinder investment performance. The significance of self-awareness, thorough research, long-term thinking, and diversification is key to countering these
