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Breaking free: Health care workers pursuing purpose-driven careers
Burnout and visceral discontent are rapidly becoming the most pressing crises for modern health care professionals. The reported rates of burnout and work dissatisfaction exceed 50 percent in practically every specialty of medicine, regardless of the stage of training or career. The impact of COVID on health care professionals, and physicians in particular, is beginning Read more… Breaking free: Health care workers pursuing purpose-driven careers originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - December 19, 2023 Category: General Medicine Authors: Tags: Physician Practice Management Source Type: blogs

Gathering clinician feedback at a growing practice  
Provider feedback is a powerful tool for behavioral health practices, as it is a valuable indicator of whether or not patient care is on the right track. Gathering feedback, and then acting on it, can also improve a practice’s efficiency. Fostering an open environment, one where providers feel heard and valued improves provider retention. Provider Read more… Gathering clinician feedback at a growing practice  originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - December 15, 2023 Category: General Medicine Authors: Tags: Tech Health IT Practice Management Source Type: blogs

What to put in Roth vs. traditional IRAs: It can make big differences
Before diving into the allocation strategy, let’s briefly revisit the fundamental differences between Roth and traditional IRAs. Roth IRA: Contributions are made with after-tax dollars, but qualified withdrawals, including earnings, are tax-free. Traditional IRA: Contributions are made with pre-tax dollars, providing an immediate tax deduction. Withdrawals, however, are subject to income tax. Assessing current and Read more… What to put in Roth vs. traditional IRAs: It can make big differences originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - December 14, 2023 Category: General Medicine Authors: Tags: Finance Practice Management Source Type: blogs

Financial considerations for dual-doctor households
Being in a dual high-income earner household — like a dual-physician or dual-dentist marriage — has unique career and family experiences. And it comes with a ton of financial assumptions. As with most things, there are some advantages and disadvantages, both real and perceived. While individuals in these households typically enjoy mission-driven companionship, doctors face Read more… Financial considerations for dual-doctor households originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - December 12, 2023 Category: General Medicine Authors: Tags: Finance Practice Management Source Type: blogs

How to select the right mutual funds for your goals
As the year comes to an end, it’s time to start thinking about investment allocations for 2024. Many of us own mutual funds. But how do we select the right ones for our goals? Investing in mutual funds is a common strategy for physicians seeking diversification and professional management of their portfolios. However, with a Read more… How to select the right mutual funds for your goals originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - December 10, 2023 Category: General Medicine Authors: Tags: Finance Practice Management Source Type: blogs

The middleman dilemma in health care
Imagine this scenario. You’re negotiating the sale of your widget. Despite your earnest efforts, you hit a deadlock. The buyer, after consulting an expert on “fair market value” for widget prices, firmly states they won’t purchase your widget for $5. In a new tactic, you turn away from the customer, shed your white coat, don Read more… The middleman dilemma in health care originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - December 10, 2023 Category: General Medicine Authors: Tags: Physician Practice Management Source Type: blogs

Physicians are burned out. Could entrepreneurship be a cure?
Recently, roughly 400 primary care and urgent care physicians at Allina Health System voted to unionize. In doing so, they became the largest group of unionized private-sector physicians in the country. Their decision is indicative of a hard reality of American health care–physicians are burned out. Research shows from 2021 to 2022, 63 percent of surveyed Read more… Physicians are burned out. Could entrepreneurship be a cure? originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - December 7, 2023 Category: General Medicine Authors: Tags: Physician Practice Management Source Type: blogs

AAPC Expands Its Technology Solutions Portfolio with the Acquisition of Semantic Health
Semantic Health’s AI-Powered Auditing Software Will Supplement AAPC’s Suite of Business Solutions that Safeguard Against Revenue Cycle Errors AAPC, a leading global solutions provider in healthcare revenue cycle management, is pleased to announce the successful acquisition of Semantic Health, an early-stage healthcare technology company focused on creating AI-powered inpatient medical auditing software for health insurance plans and hospitals. “We are thrilled to integrate Semantic Health’s advanced technology and skilled AI team into AAPC,” said Bevan Erickson, CEO at AAPC. “This acquis...
Source: EMR and HIPAA - December 7, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT AAPC Bevan Erickson Health IT Acquisitions Healthcare M&A Nicola Sahar MD Raemarie Jimenez Semantic Health Source Type: blogs

AI ’ s role in streamlining colorectal cancer screening [PODCAST]
Subscribe to The Podcast by KevinMD. Catch up on old episodes! Join Shrujal Baxi, an oncologist passionate about AI, as we delve into how artificial intelligence is revolutionizing colorectal cancer detection while navigating the complexities of prior authorization. Discover how AI streamlines screening, reduces administrative burdens, and enhances patient outcomes in the face of health Read more… AI’s role in streamlining colorectal cancer screening [PODCAST] originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - December 7, 2023 Category: General Medicine Authors: Tags: Patient Podcast Practice Management Source Type: blogs

How to sell your losing stocks to reduce taxes
Defining tax loss selling Tax loss selling, also known as tax-loss harvesting, is a strategy employed by investors to offset capital gains and reduce their taxable income. This approach involves selling stocks or other securities that have experienced losses to counterbalance capital gains realized throughout the year. By doing so, investors aim to mitigate their Read more… How to sell your losing stocks to reduce taxes originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - December 6, 2023 Category: General Medicine Authors: Tags: Finance Practice Management Source Type: blogs

Physician well-being: Overcoming administrative hurdles
Representatives of a battered and stressed Canadian medical profession gathered in Montreal and virtually last week for the 7th annual Canadian Conference on Physician Health (CCPH) – the first such meeting in four years and the largest to date. One of the main pain points identified as facing individual physicians is the burden of administrative Read more… Physician well-being: Overcoming administrative hurdles originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - December 6, 2023 Category: General Medicine Authors: Tags: Policy Practice Management Source Type: blogs

3 key things to do before year end to reduce taxes
As the year draws to a close, it is important that we maximize our opportunities to reduce our taxes. Let’s explore three essential moves that doctors should consider before the tax year concludes to reduce their tax liabilities. 1. Contribute to tax-advantaged retirement accounts. One of the most effective ways for doctors to reduce their Read more… 3 key things to do before year end to reduce taxes originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - December 3, 2023 Category: General Medicine Authors: Tags: Finance Practice Management Source Type: blogs

Empowering health care workers amid consolidation
If there is one root cause of all the disgruntlement among health care workers, it is that we lost autonomy due to hospital consolidation. Relationships are largely about leverage. With rare exceptions, a single doctor cannot dramatically impact the bottom line of a hospital chain, whereas the loss of your professional income—particularly for those of Read more… Empowering health care workers amid consolidation originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - November 27, 2023 Category: General Medicine Authors: Tags: Physician Practice Management Source Type: blogs

Job stacking for doctors: a modern approach to work-life balance
The medical profession has long been associated with intense personal commitment and time-consuming work. However, in recent years, a new concept called job stacking has emerged, and it is revolutionizing the way physicians work. In this post, I will explore the concept of job stacking for doctors, discuss its benefits, and provide guidance on how Read more… Job stacking for doctors: a modern approach to work-life balance originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - November 23, 2023 Category: General Medicine Authors: Tags: Finance Practice Management Source Type: blogs

IKS Health Purchases AQuity Solutions to Create the Most Comprehensive Provider of Administrative, Clinical and Financial Services for Healthcare Organizations in the U.S.
The Combined Company, which will Operate as IKS Health, will have Annual Revenues of $330+ Million and a Global Workforce of over 14,000 Employees Serving an Install Base of 150,000+ Clinicians IKS Health, the premier global solution that revitalizes the clinician-patient relationship while empowering healthcare organizations to thrive, today announced the acquisition of AQuity Solutions, a Best in KLAS industry leader in tech-enabled clinical documentation, medical coding, and revenue integrity solutions for healthcare, as a wholly-owned subsidiary for $200 million. IKS Health’s market leadership in the ambulatory...
Source: EMR and HIPAA - November 22, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Abridge AQuity Solutions Health IT Acquisitions Healthcare M&A IKS Health Kashyap Joshi Sachin K. Gupta Sift Healthcare Source Type: blogs