New Transparency Regulations for Pharmacy Benefit Managers (PBM) Take Effect in New York Click to Enlarge The New York State Department of Financial Services’ (“DFS”) recently announced implementation of new regulation involving Pharmacy Benefit Managers (PBMs), which took effect on November 27, 2024. This is the third
AI Governance Tops ECRI’s 2025 List of Healthcare Hazards—A Call for Vigilance Click to Enlarge The ECRI Institute’s annual report on health technology hazards highlights the urgent need for healthcare organizations to adopt robust AI governance in 2025. The report warns that over-reliance on AI-enabled health technologies, without
Ensure Your Health and Financial Security with Creative Wealth Planning Click to Enlarge Health insurance is more than a safety net—it's a pathway to better health, financial stability, and peace of mind. With nearly 90% of U.S. residents now insured, the importance of meaningful health coverage is clear.
NY Attorney General James & Inspector General Lang Announce Conviction in Theft of More Than $1.1 Million from Worker’s Compensation Surgeons Click to Enlarge New York Attorney General Letitia James and New York State Inspector General Lucy Lang announced this week convictions in a case of more
Legislation Introduced to Prevent Limitation on Anesthesia Coverage Click to Enlarge Following last week’s public uproar over Anthem’s now-set aside policy that would have reduced coverage for anesthesia for the full length of certain surgeries in New York and in other states, legislation has been
Beth Israel Medical Center Residents and Physicians File for Unionization Click to Enlarge Residents, fellows, and physicians at Beth Israel Deaconess Medical Center (BIDMC) have officially filed for unionization with the National Labor Relations Board (NLRB). Representing 850 medical professionals, the group seeks affiliation with the Committee for
Simplify and Save: Why Physicians Should Consolidate Retirement Accounts Click to Enlarge As a physician navigating your career and changing employers, you may accumulate multiple retirement accounts that can be costly and cumbersome. Consolidating these accounts into a single IRA can offer several advantages: Lower Fees:
Momentum to Stop Pending Medicare Cuts – Have You Joined this Effort? Click to Enlarge In a sign of legislative momentum, 41 senators including New York Senator Kirsten Gillibrand, are supporting efforts to prevent a pending 2.8% cut in Medicare physician payments that will go
Strengthen Your Professional Network This Holiday Season Click to Enlarge The holiday season is more than a time for celebration; it’s a prime opportunity to reflect on and nurture your professional relationships. As people become more open and positive, it’s the perfect time to reestablish ties
Reconsidering Communication: Words Physicians Should Avoid Click to Enlarge A new perspective encourages physicians to avoid certain "never-words" when speaking with seriously ill patients, as language can significantly impact patient empowerment, understanding, and shared decision-making. Dr. Rana Lee Adawi Awdish of Henry Ford Hospital and colleagues
