Money Matters
Own Your RVUs: Hernia Surgeon Explains Complexities of Compensation
For surgeons new and old, billing for work is sometimes a more daunting undertaking than the work itself.
MARCH 7, 2025
Patient-Centered Models Attract Payors, Pharma
Real-world data on clinical outcomes, coupled with other patient-focused measures, can guide pharmaceutical companies and payors when navigating the drug development and coverage review process, according to speakers at the Academy of Managed Care Pharmacy (AMCP) Nexus 2022 meeting.
JANUARY 5, 2023
Retirement Is 20 Years Away: Why Should I Worry Now?
Planning for successful retirement should begin early, which includes getting your finances in order, taking measures in the operating room to prevent injuries, and thinking about how best to use your time.
JUNE 30, 2022
Physicians’ Fiscal Fitness: Dispelling the ‘Unsavvy Doctor’ Trope
Physicians have a reputation for being behind their non-medical peers in terms of financial savvy, but new research suggests doctors actually have better financial habits than the general population.
MAY 13, 2022
Beyond Your First Contract
The primary reason that surgeons report leaving a position is inadequate compensation. But taken with the other four leading causes (e.g., poor work–life balance, job does not meet expectations), the main reasons can be summed up largely in one sentence: “They don’t get paid enough to put up with this.”
APRIL 14, 2022
‘Auf Hinweis’?: Translating the Operative Note
Over the recorded history of surgery, the operative note’s function has changed from a narrative description, which persists today, to a document that includes additional information that affects billing and coding, and carries medicolegal importance as well.
MARCH 22, 2022
Surgical Innovation: Taking an Idea All the Way
Surgeons are natural inventors, coming up with new ideas on a near-daily basis to help them perform better, more safely and more efficiently based on their patients’ unique characteristics and needs.
MARCH 14, 2022
How Do Surgeons Get Fairly Compensated for Their Work?
Although formulaic compensation models integrating quality and payment are quickly becoming the norm in healthcare systems across the United States, such models may fail to account for the breadth of contributions made by physicians, including surgeons.
FEBRUARY 2, 2022
Google My Business
The way I see it, you have three options in today’s practice environment, the first two of which are suboptimal: Do nothing or pay someone a lot of money to do something for you. Or you can become engaged in your digital “reputation.”
MAY 7, 2021
No Surprises Act Passes, Targeting Unexpected Bills
In December 2020, after years of heated debate and mounting anxiety from patients, Congress passed legislation to ban surprise medical bills.
APRIL 28, 2021
Looking for Rewarding Work That Pays? Consider Wound Care
General surgeons looking for ways to offset pandemic-related revenue loss might consider exploring wound care management. They may already have some of the skills, the need is high, and the reimbursement is there.
MARCH 22, 2021
Negotiating Your Employment Agreement
To avoid big dips in monthly earnings or earning less after the guarantee period, I recommend including language that ensures a floor salary or a monthly income that can never dip below a certain percentage of the guarantee.
MARCH 19, 2021
