Recent laws in New Jersey and California represent a disturbing trend that will negatively impact a practice’s ability to collect monies from patients, as well as expose them to significant penalties if the practice does not follow the mandatory guidelines to a T. Please be aware that a similar law may be coming to your state. The time to act is before the law is passed.
I.Q. -- Interesting Quote
The Price of Medical Technology
The opening remarks of the monograph presented by the Quebec Task Force on Whiplash-Related Disorders1 included an interesting comment on medical technology as it relates to third-party reimbursement:
"Since World War II, there has been pressure to depend more on sophisticated technology. Such technology often goes through a trendy 'fad phase' and is not always subjected to rigorous scientific evaluation before its use becomes widespread. The price paid by society for such shortcomings is aggravated by procedure-oriented fee-for-service reimbursement schemes that reward 'doing' much more than 'thinking.'"Reference
1. Spitzer WO, et al. Scientific monograph of the Quebec Task Force on Whiplash-Related Disorders: Redefining "whiplash and its management." Spine 1995;8S:10S