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Daily

Biotech is booming for everyone but the employees

Here’s some advice: If you’re going to work for a biotech, ask for more stock options. The Timmerman Report is among those who recently put into focus what a few analysts have been saying: Most biotech worker bees aren’t seeing the benefits of the biotech boom (or bubble) in their paychecks. Why the stagnation? There are a […]

MedCity News eNewsletter

Pennsylvania’s alternative to Medicaid expansion would require 700+ new workers

Pennsylvania’s ambitious alternative to expanding Medicaid — a private-market initiative that Gov. Tom Corbett says is designed to save money — would require 723 new state workers, about one percent of the current workforce. The projected number of hires, detailed by state officials, is far higher than most states have needed and surprised some public-policy […]

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A Deep-dive Into Specialty Pharma

A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.

Health IT

Tech to the future for medical hiring: 4 new tools

Tech to the Future for Medical Hiring: 4 New Tools Hiring for the healthcare and medical fields this year is going to be difficult. This should shock no one, since the Affordable Care Act is dumping somewhere close to 32 million new patients into the American healthcare system. These new patients will need doctors, nurses, […]

Hospitals

How much do doctors really earn? (Infographic)

I found this infographic (see below) interesting for several reasons. The information puts the high US physician salary touted by the mainstream media and political policy makers in perspective with other countries when time spent providing care is considered. However, the data presented in this infographic also address the important issue of training debt that […]

Health IT

Doctors and social media: It’s time to embrace change

I recently took on a position of medical journal editor. It is with the Journal of Kentucky Medical Association. It’s been a good learning experience. Part of the job of editorial board members is to write an opinion column. (Check, I’ve done that before.) What follows below was published in this month’s journal. The editorial […]

Daily

Survey: Quality metrics make their way into more physician compensation packages

As reimbursement moves toward value-based payments, so are healthcare organizations slowly adjusting their physician compensation plans to factor in quality metrics. A new report from healthcare human resources firm SullivanCotter found that most organizations still base physician compensation on productivity. But a third of organizations the firm surveyed said they also used performance-based metrics, like […]

Hospitals

The problem with testing students and doctors is what gets truncated

For me, maybe you too, the best part about science is how it disrupts the status quo. A belief, a way of doing something, a paradigm if you will, becomes entrenched. Humans love patterns. We get attached. I call this the way-it’s-always-been-done philosophy. It’s endemic in medicine, and, from what I can see, in education […]