Here are the average and median percentages for labor costs as part of net revenue, according to VMG Health's 2009 Intellimarker.
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On Feb. 11, David Thoene, managing member of Medical Surgical Partners, presented a Webinar titled "Hospital-Doctor Joint Ventures: A Highly Efficient Physician-Engagement Tool" that highlighted reasons for and benefits of creating hospital-physician ASC joint ventures. Here he addresses two questions from the Webinar based on the premise that the future of healthcare will be driven by pressure from informed consumers, governmental and private payors to increase access to high quality, coordinated, lower cost delivery systems.
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The U.S. Senate has voted to delay the 21 percent Medicare physician payment cut until April 1, according to a news release from the AMA. The House previously approved the 30 day push back.
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Congress' inability to pass a Medicare physician fee fix before the March 1 deadline means that Stephen B. Reznicek, MD, a urologist in Cadillac, Mich., has had to start turning away many first-time, non-emergency Medicare patients.
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Philip O. Katz, MD, president of the American College of Gastroenterology, defended traditional colonoscopy as a more effective, cost-savvy choice over virtual, or CT, colonoscopy in a letter to President Obama.
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Ramon Montes, MD, has rejoined the staff of the Division of Pediatric Gastroenterology at Phoenix Children's Hospital, having previous served as a pediatric gastroenterologist at the hospital from 1998-2003, according to a report in Latino Perspectives Magazine.
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SourceMedical, a leading provider of ambulatory surgery, specialty hospital and therapy application software, has announced plans to launch a hosted application specifically for ASCs, according to a SourceMedical news release.
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Robert E. Alick, the operator of a used medical equipment sales business and resident of Chagrin Falls, Ohio, pleaded guilty today to five counts of mail fraud, one count of wire fraud and one count of corruptly endeavoring to obstruct the administration of the Internal Revenue laws in a scheme to defraud six hospitals, according to a release from the Department of Justice and the IRS.
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A study by Accenture's Innovation Center for Health and Institute for Health & Public Service Value found that 58 percent of current physician non-users of electronic medical records plan to implement EMRs within the next two years, according to an Accenture news release.
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