30 Years Solo: Advice From a Doctor on Staying Independent

My practice—despite tightening reimbursement prices and wild economic times—is doing quite well. Here are some tips I’ve learned over the years, all of which are founded on a simple philosophy: Caring for patients and providing good service is the primary goal. Happy, healthy patients are the financial lifeblood of any independent provider.

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Leapfrog Makes Recommendations to Reduce Diagnostic Errors at Hospitals

Leapfrog, which is a nonprofit organization founded in 2000 to promote patient safety, identified 300 potential practices that hospitals could adopt to reduce diagnostic errors. The potential practices were pared down to a list of 29 recommended practices in two categories— Organizational Leadership & Systems and the Diagnostic Process. There are 16 recommendations in the Organizational Leadership & Systems category and 13 recommendations in the Diagnostic Process category.

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Using Technology to Improve Observation Rates and Drive Appropriate Admissions

The suburban Philadelphia healthcare network, centered around an independent 270-bed hospital, is using predictive analytics technology from XSOLIS to improve medical utilization management. In the first six months of use, officials say they’ve improved observation rates by 20% and observation to inpatient conversion rates by 37%. And three years later, the initial return on investment of 4.6x has now improved to 7.3x.

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AMA Survey Cites Patient Concerns With Data Security

Almost 75% of those surveyed are concerned about protecting the privacy of personal health data. Only 20% of patients said they know how many companies and individuals have access to their data. The recent U.S. Supreme Court ruling over abortion rights is heightening these concerns, the AMA says, since a lack of data privacy may put patients and physicians in legal jeopardy where states are restricting reproductive health services.

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