A Controversial move despite needs for more Transparency, Accountability amid today’s Monopolized Healthcare system

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A Prospective Payment System (PPS) is a reimbursement scheme through which Medicare makes payments according to predetermined, fixed rates. A given service is materialized founded on service classification such as diagnosis-related groups for inpatient hospital services.

The Hospital PPS payment system offers reimbursement on predetermined prices from Medicare. Payments typically follow specific codes delivered on the insurance claim, such as current Procedural terminology for outpatient, ambulatory payment classification for a hospital outpatient, and diagnosis-related groups for hospital inpatient claims.

The PPS was initially established by the…

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It’s time for a genuinely unified electronic health record system that combines data from various medical providers controlled by the patient. That concept is a matter of practicality today. It’s a vision that can only be comprehended using fully interoperable and decentralized health-record technologies.

Today, hospitals and health systems control patient records, and the patient does not always have full access to their health history. When a patient goes from seeing a doctor who belongs to a health system to a specialist clinic run by an independent doctor, their health record does not always travel. That means that clinicians cannot…

“Inflation is the killer by chokehold! – It deliberately embarks on the worth of the populace by curtailing their buying power. Indeed, it is an unnoticed tariff that we don’t…

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“A perpetrator of stigma is Seeking constant approval at the expense of those who are simply different, just like them before they lost their identity.” Adam Tabriz, MD

The Meaningful use of Electronic Health Record and value-based Reimbursement demands unswerving Human Participation

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According to the American medical association report, only 49.1% of its 3,500 national survey respondents worked in private practice as of fall 2020, dropping from the 54% reported in 2018. It is the most significant shift the AMA has observed since 2012. It’s also the first time the proportion has ever dropped below 50%. The results seem to be accelerating the existing physician drift since 2012 and possibly enhanced by the COVID-19 pandemic. That is so; even some physicians are leaving medical practice altogether.

This downward trend in private physician practice can be partially associated with implementing meaningful electronic health…

It seems that indiscriminate market drifts are forfeiting Independent Physicians. Can we stop the bleed?

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Those of us who have been following the independent medical practice state of affairs for the past decade, I am sure, have also been worried about their survival amidst the merit-based physician reimbursement model. If so, they should probably start worrying more, as the quota of independent physicians and private medical practices has dropped further below 50% for the first time, according to a study published by American Medical Association (AMA). According to the agency, physicians are less often working in privately-owned practices. Instead, they are seeking employment in more extensive settings such as hospitals.

American medical association reports that…

This article was originally published by Data Driven Investor

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Money is a fiscal unit that functions as a generally accepted medium of trade for transactional purposes. But that unit does not maintain its given value all the time.

The money can lose its value more often than it gains. When it does, we lose our purchasing power. That is the product of inflation.

Inflation is the deterioration in buying ability of a given currency over time. Using the phrase “time” is a cliche, merely because today, inflation is not only the product of time.

Inflationism; the Heterodox Economy

There are those who, in one…

“Today way too often- we witness the like-minded personalities bolstering each other’s lights, which is quintessential to what we define today as “group polarization.” Or — Ironically — so “it must be good for me too if it is right for them!”

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As individuals, we all possess an opinion, thus repeatedly amongst a group of people, we may change those views to conform in or be accepted by them and perceive appreciatively. As non-natives, new group members tend to encourage a more radical stance than the rest of the group held by default. The latter can force the entire assemblage in the direction of the more extreme vantage point or the unsurpassed attitude compared with the group leader’s opinions.

At times we may also engage in a conversation with encouraging input for both sides of the argument before switching opinion to the…

Adam Tabriz, MD

“Peace of mind would come to all people through the universal respect for the basic human rights of everyone”

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