Tuesday, May 24, 2016

Healthcare Roundtable Concludes Spring 2016 Programs

Entitled Choosing the Right Practice Model: Examining the Options to Find the Optimal Fit, the latest Healthcare Roundtable program was co-presented by MGMA South Florida Chapter and FHIcommunications. Held on the morning of May 17, 2016, this was the final program of the spring season. The series will resume on September 27th with the 3rd Annual Women in Medicine event. Details will be announced over the summer. Approximately 45 healthcare professionals attended. The panelists were David Edelman, MD, Laurent Dreyfuss, DO and James Leavitt, MD. Brian Foster served as moderator. Alain Fernandez, President of SFMGMA, delivered Opening Remarks while Arminda ‘Mindy’ Figueroa, Chief Marketing Connector, Latin2Latin Marketing + Communications, LLC, delivered Closing Remarks.

The program, led by Brian Foster of CareCloud, explored various medical practice models. Each doctor shared their story of developing a medical practice that simultaneously exploited trends in the business of healthcare and suited their personal goals and aspirations. Dr. Edelman, a surgeon, detailed the benefits of maintaining autonomy and having the resources of VitalMD as support. He specifically noted that his reimbursements have improved since transitioning to VitalMD, allowing him to reduce his caseload and focus on quality. Dr. Dreyfuss, an ED doctor, compared and contrasted his experience being an employee at Cleveland Clinic and his entrepreneurial venture of opening, as a franchisee, an orthopedic urgent care facility (OrthoNOW). Dr. Leavitt, a GI, related his journey of starting a small group and having it grow into a large multi-specialty group with multiple offices. Gastro Health, now the largest GI group in Miami Dade, was just acquired by a private equity firm.

The host was First Citizens Bank in Ft. Lauderdale. The sponsors were CareCloud and Accountable Care Options. 

Monday, May 9, 2016

Beyond the Affordable Care Act: A Physicians' Proposal for Single-Payer Health Care Reform

What Happened
Unveiled May 5, 2016 at the National Press Club in Washington, D.C., the Physicians for a National Health Program assert that a single-payer system is the most effective way to drive true healthcare reform. According to the paper's authors:
  
Even after full implementation of the Affordable Care Act (ACA), tens of millions of Americans will remain uninsured or only partially insured, and costs will continue to rise faster than the background inflation rate. We propose to replace the ACA with a publicly financed National Health Program (NHP) that would fully cover medical care for all Americans, while lowering costs by eliminating the profit-driven private insurance industry with its massive overhead.

Why it Matters
In the U.S. we spend far too much on healthcare with mediocre outcomes. That said, single-payer is hardly a panacea (see Still Think a Single-Payer System is Best? Read This First, Medscape -complimentary registration required). Hopefully we can come up with a uniquely American solution that cures our current ills without creating new ones.
                                                               
Read more in the current issue of Week in Review>>