Call for “Executive-Post” Content

Seeking Expert Contributors
The Executive Post at www.HealthcareFinancials.com is currently calling for medical professionals, financial advisors, financial services professionals, accountants, health economists and related CXOs, medical administrators, managers and healthcare business organizations around the world to contribute content to www.HealthcareFinancials.wordpress.com
Call for Editors
The Executive-Post aims to inspire a new generation of doctors, advisors, nurses, accountants, medical and [...]

Polish Chiropractic Association

Alternative Healthcare in Europe
By Anthony Robert Narushka; DC
The first Polish Chiropractic Association [PCA] was recognized by the European Chiropractors’ Union (ECU) www.ecunion.eu and founded in June, 2008. The Polish flag is listed on the page of all members.  

Leszek Majowski DC attended Candadian Memorial.
Jane Hajduk DC, attended Parker Chiropractic College, TX.
Anthony Narushka DC, from Orlando, attended National University of Health [...]

Medical Cultural Disparity

A Real or Perceived Contemporary Concept?
Staff Writers
Question
Joseph R. Betancourt, MD, MPH, director of The Disparities Solutions Center at Massachusetts General Hospital [www.massgeneral.org/disparitiessolutions] was asked during a recent interview with Physician’s News Digest how he defined the emerging concept of “medical cultural competency.”
Answer
He replied that he viewed it as basically an “expansion of patient-centered care,” which he said [...]

We’re Listening …

Executive-Post Collaborative Improvement Initiative
To provide you with the best possible communications forum that integrates medical practice management with personal financial planning and health economics, the editors of the Executive-Post would really appreciate hearing from you.
We want your honest opinion about the Executive-Post so that we can determine what we do right - and what [...]

Doctors Unite!

On the “Open Letter from America’s Physicians”
By Dr. David Edward Marcinko; MBA, CMP™
Publisher-in-Chief
As we have seen in this healthcare-charged election season, almost every form of political activism or debate has moved online. So, it is no surprise that a coalition of disgruntled physicians would electronically socialize and network together, as seen with www.sermo.com
About Sermo - Peer [...]

Alphabet Soup: Financial Designations & Certificates

financial-designationsjuly
July 2008:
AUTHORS: Dr. David Edward Marcinko; MBA, CMP™ and Hope Rachel Hetico; RN, MHA, CMP™
POSITION: Publisher-in-Chief, and Managing Editor of the Executive-Post, respectively.
TOPIC: Financial Designations and Certifications [Alphabet Soup of Industry Obfuscation and Self-Promotion, or Real Gravitas – You Decide?]
EXCERPT: “Until recently, most financial advisors were regulated by the NASD, the National Association of Securities [...]

The Herd Mentality of Wall Street [Advice or Avarice?]

Understanding the Channel-of-Distribution Follies
By Dr. David Edward Marcinko; MBA, CMP™

Publisher-in-Chief

Former Investment Advisor and Reformed Certified Financial Planner™

As a former surgeon, insurance agent, physician-executive who took an honest run at Wall Street’s PPMC infamy in the late 90s, board certified financial advisor and stock-broker; and current writer, editor, publisher and speaker-consultant on health economic topics I am [...]

Executive-Post Update

Subscribe Today!
By Hope Rachel Hetico; RN, MHA, CMP™
If you haven’t had a chance to sign up for the Executive-Post at www.HealthcareFinancials.com yet; you really should!  Now, although that’s our formal corporate moniker, we’re much better known simply as the Executive-Post.
You’ll get a helpful e-mail reminder from us almost daily, or when important posts go up on [...]

How to Interview a Portfolio Manager?

Selection Criteria Critical for Physicians
By Dr. David Edward Marcinko; FACFAS, MBA, CMP™
Publisher-in-Chief and former reformed Certified Financial Planner™
Recently in the Atlanta area, two high-profile financial advisors and portfolio investment managers have been charged with client embezzlement, malfeasance, and more!
The first was Kirk Wright, a Harvard-educated fund manager who was convicted last week in a fraud scheme [...]

Electronic Patients

Revolutionizing Healthcare
Staff Reporters
Included among our most popular Executive-Post topics are: medical practice valuations, Wal-Mart, DNPs, business and medical marketing plan, investments, asset returns, medical ethics, the financial services industry and various op-ed posts.
We believe however, there will soon be another very popular post, with comments on how e-patients will revolutionize healthcare!
Revolutionize Healthcare
According to Susannah [...]

Nurses in e-Charge

Trends in Clinical Information Systems Technology 
Staff Reporters
Recently, iMBA Inc www.MedicalBusinessAdvisors.com and the Executive-Post participated in a Healthcare Informatics survey on nursing clinical information systems [CIS].
The top five CIS functions were:

Electronic documentation

PACS

EMR/EHRs

Automated alerts

Cross-continuum patient records

Assessment
The following link has a summary of white-paper results from that survey
http://survey.opinionresearch.com/surveys/J35584NOV2007/First_Look.pdf
Conclusion
You thoughts and comments are appreciated.
Related Information Sources:
Practice [...]

Office Appointment “Reservation Fees”

Minimizing the Patient “No-Show” Problem
Staff Writers
In what is perhaps the next evolution of office-based medical practice - at least according to American Medical News reports - some physicians are now making their patient’s reserve office appointment slots with a cash deposit in case of “no-show.”
Much like their plastic surgery, new-wave anti-aging esthetics, cash-only, cosmetic-dental or [...]

Evolutionary Shifts in the Primacy of Medical Ethical Principles

Philosophic Ruminations and Personal Interviews
By Render S. Davis; MHA, CHE
Crawford Long Hospital at Emory University
Atlanta Georgia USA
For more than 2000 years, the principle of beneficence, the profession’s obligation to be of service to others, was the foundation of the practice of medicine.
In taking the Hippocratic Oath, physicians swore that they would “perform their art [...]

Wal-Mart Health Care

Healthcare’s New [Old] Innovative Disruption
By Dr. David Edward Marcinko; MBA, CMP™
Publisher-in-Chief
So, the American Medical Association [AMA] couldn’t or wouldn’t do it; nor could/would the American Osteopathic Association, American Podiatric Medical Association, American Dental Association or any combination thereof.
Neither could/would Hillary Clinton in 1992, nor the US Congress, US Senate, Insurance Association of America [...]

Stemming the Primary Care Exodus with DNPs

Doctor of Nurse Practice – Filling the Void
Dr. David Edward Marcinko; FACFAS, MBA, CMP™
Publisher-in-Chief
As the shortage of family doctors and primary-care physicians mount, and the domestic uninsured problem exacerbates to > 40 million uninsured Americans, the nursing profession is stepping up-to-the-plate by offering one possible solution to healthcare reform.
Cause and Effect
And, it is not [...]

Physician’s Managed-Care Dilemma

Caring for [Retail] Patients -or- [Wholesale] Populations
By Render S. Davis; MHA, CHE
Crawford Long Hospital at Emory University
Atlanta, Georgia, USA
In today’s health care environment, physicians face a myriad of dilemmas in their daily practice. Time constraints, diminished professional autonomy, declining incomes, explosive growth in technology, and deteriorating public trust combined with increasing public demands are only [...]

Ethics in Modern Healthcare

The Access to Medical Care Dilemma
By Render S. Davis; MHA, CHE
Certified Healthcare Executive
Crawford Long Hospital at Emory University
Atlanta, Georgia, USA
In his book, “Back to Reform”, author Charles Dougherty writes that “cost containment is the goal for the healthy.  Access is the goal for the sick.” 
A Meaningless Distinction
So, for an increasing number of Americans, [...]

How to Study Medicine

Practice Management -or- “Sutures for Life”
Dr. David Edward Marcinko; MBA, CMP™
Publisher-in-Chief
Although we are apostles of the still living Kenneth J. Arrow PhD - the Noble Prize winning health economist - we also remember David Cheever MD as much more than a surgical innovator.
http://nobelprize.org/nobel_prizes/economics/laureates/1972/arrow-autobio.html

And, like Arrow, his human compassion and true fiduciary character is [...]

Investing in Options

An Appropriateness Summary
By William H. Mears; CPA, JD
Options trading involve a high degree of risk in that the physician or other investor may lose their entire investment when the option expires. As a result, options trading may not be suitable for all doctors or investors.
Suitability
All trading firms must have a procedure in place that requires [...]

Risky Business of Web 2.0 Doctor Bloggers

A Mashed-Up Opinion
By Dr. David Edward Marcinko; MBA, CMP™
Publisher-in-Chief
Today, after personally reviewing far too many blogs, and according to www.NPR.org, there are more than120, 000 health care forums on the Internet with opinions ranging from pharmaceuticals, to sexual dysfunction, to acne.
The same goes for commercial doctor blogs that promote lotions, balms and potions, diets [...]

Using Option Derivatives

Why Options Investing?
By William H. Mears; CPA, JD
Although options can be used to raise cash from a long stock position that is not salable, individual physician-investors should use options primarily as a hedging mechanism. Individuals and doctors may want to hedge their portfolios to gain peace of mind by purchasing portfolio insurance to guard against [...]

Accredited Investment Fiduciary Analyst™

One Opinion on the AIFA
By Dr. Ron Miller; CFP®, AIFA®
There are over 5,000,000 fiduciaries around the country responsible for other people’s money and sitting on boards and investment committees. Many have had no formal training on their duties and responsibilities as fiduciaries.
The AIF™ and AIFA™
The AIF and the AIFA designations deal mainly with reviewing the [...]

Economic Headwinds for all Physicians

Cold Winds of Recession Ahead? - You Decide
Staff Writers
We previously hinted that there was a strong headwind for the economy with continued pressure on US strength. And, this may be truer in the healthcare industrial complex. In fact, if it has not already done so, the country may well be into a recession; ditto for [...]

Of Hospitals and Airlines

An Opposing Fixed-Cost Structure Argument
Dr. David Edward Marcinko; MBA, CMP™
Publisher-in-Chief
As regular readers of the Executive Post know, I am a big fan of hospitalist extraordinaire Robert Wachter MD, from UCSF. I have referenced Bob in several of my own publications and books on www.MedicalBusinessAdvisors.com and www.HealthDictionarySeries.com and print periodicals www.HealthCareFinancials.com etc. In fact, Bob is [...]

Of Hospitals and Hotels

The Discharge Planning Dilemma
By Dr. David Edward Marcinko; MBA, CMP™
Publisher-in-Chief 
I read with interest - and a bit of sad amuse’ - the post of March 26, 2008 by Robert Wachter MD,  entitled “Average Time of Discharge: Why a Hospital is Not a Hilton”; and felt compelled to respond affirmatively to his comments … and more!
Link: [...]

The Financial Services Industry Explained

Financial Services Sales Professionals   
By: Dr. David E. Marcinko; MBA, CMP™ 
Publisher-in-Chief 

It has been said that there are more than 95 financial services designations in the business; and most are suspect credentials. A college degree may not even be required for most of them. 
And, the quest to find true guidance is clothed in mystery and subterfuge in the [...]