The Business of Medicine

The Business of Medicine

We know that you want to enjoy the practice of medicine. However, the business of medicine can keep that from happening. At SMA, we understand. This is why we developed the Business of Medicine Simplified podcast – to help you simplify the business, so you can enjoy the practice.... Show More

Episodes

October 14, 2020 24 min

COVID-19 has pushed up the digital evolution of the healthcare industry by years, if not decades.  With the explosion of telemedicine, remote work, and all sorts of tech enabled processes the medical world has sprinted past the traditional insurance products developed to protect assets in a non-digital healthcare landscape.  How is the insurance industry catching up and how does it apply to the risks faced by your practice or facil...

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August 27, 2020 18 min

With September being Life insurance awareness month, we thought it would be a great time to learn more about the life insurance products SMA has to offer. In this podcast we are joined by Daniel Duffy of The Legacy Benefits Group and Rebecca Brown Schulter of United Wealth Advisors Group. Daniel will be discussing the Group Life Insurance Products while Rebecca will be handling the individual life product. Let’s get started.

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In the second of this two-part series, they continue sharing information for physicians in training that revolves largely around building a knowledge base and awareness as it relates to medical real estate, and how it might affect the decisions residents and fellows have as they come out of their training programs.

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In this podcast, we are joined by Abbi Jones who is the CEO and Founder of Medpaper, and the inventor of its first product, Eco•pí. Eco•pí™️ is a paper-based, eco-friendly product made in the USA. It simplifies the process of providing a urine sample by eliminating the impossible task of “hitting the cup.” No more messes. No more stress.

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In this two-part series, they will share information for physicians in training that revolves largely around building a knowledge base and awareness as it relates to medical real estate, and how it might affect the decisions residents and fellows have as they come out of their training programs.

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July 31, 2020 23 min

Today we are joined by Dr. Robb Leigh who serves as Chief Medical Officer for Akos.

Telemedicine has been around for some time, perhaps a couple of decades, although it is still viewed by many as a novelty, it is now impacting healthcare in positive ways by providing better  access to care, especially for patients in remote areas who had no means of seeing providers.

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Included in the discussion is understanding the fundamentals of plan design and how the discrimination testing works in a 401(k). Important information for employers that have a 401(k) plan already or considering starting a new plan for their company. Join Rob Masson and Mark Massey of SMA Services, Inc in the final part of our retirement 101 series. 

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Expert discussion covering things you need to know about 401(k) plan fees if you are sponsoring a plan for your employees. Why having an understanding of how fees work is critical if you are an employer and an explanation of the four main categories of fees that are in a 401(k)? Join our experts Mark Massey and Rob Masson of SMA Services for Part 1 of our Retirement Series. 

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With May being Disability Insurance awareness month, we felt it was the perfect time to brush up on our knowledge of disability insurance and address important issues members are experiencing at the time of claim. 

Today we’re talking with Blake Gillies, President of the DI Concierge, in New Orleans Louisiana. Blake and his firm are SMA’s exclusive partner for individual disability insurance.. 

Later in this podcast, we will be joi...

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In this podcast, James Richardson and Ric Poirier will discuss medical malpractice claims and insurance. They will provide an examination of state caps and changes, as well as statistical information for different specialties and examples of claim payouts. In addition, they will detail how malpractice attorneys and carriers will handle COVID-19 malpractice lawsuits and will also explore how these items tie into your personal Med Ma...

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Dr. Anandhi Narasimhan will discuss issues related to mental health during the coronavirus pandemic. Topics include managing anxiety, how to deal with social distancing and isolation, how to talk to children about coronavirus. Also will discuss how treatment can be optimized so that mental health services are available to those who need it virtually.

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March 19, 2020 60 min

Drs. Andy Mohan and Deepak Mohan team up to discuss the current pandemic from a frontline and technology perspective with star guest Mr. Aneesh Chopra, who is the former and first Chief Technology Officer of the United States appointed by former president Barack Obama, President of CareJourney, and author “Innovative State: How New Technologies can Transform Government.”

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January 31, 2020 22 min

In the podcast, “Engaging Your Healthcare Leadership”, Roz Lindsay, a leadership coach and trainer, who has more than 25 years’ experience in the healthcare industry, discusses some of the biggest challenges in healthcare management and leadership and provides suggestions on how to best address these. She also shares insight into how managers and leaders can ensure performance and success within their teams and what other considera...

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In the podcast, “Clinical Informatics: The Latest Trends and Topics”, Joseph Lassiter, MS, PharmD, President and Managing Advisor for The Robertson Group, a clinical informatics, health information technology, and medication-use systems consultancy based in Portland, Oregon, discusses clinical informatics and its importance and relevance to physicians. He also provides examples of cutting-edge projects that are shaping this field a...

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January 15, 2020 15 min

In the podcast, “VEVA (Vanderbilt EHR Voice Assistant)”, Dr. Yaa Kumah-Crystal, an Assistant Professor of Biomedical Informatics and Pediatric Endocrinology at Vanderbilt University Medical Center(VUMC) and Timothy Coffman, a custom application developer at VUMC, discuss VEVA -- the Vanderbilt EHR Voice Assistant -- that is currently being piloted at the University. Throughout this informative discussion, they share insights into h...

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In a interview with Resident/Fellow liaison, Brenda Thompson, gives career transition advice such as interviewing techniques, contract negotiations, and many for tips for surviving your residency and transition into your new career.

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Richard Campbell, Nancy Ferren, and Peter Jameson with Veritas Medical Real Estate Advisors share their expertise and insight into navigating the world of medical real estate. They discuss how medical and residential properties differ and why each physician’s medical real estate needs are unique.

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The health care industry is in the middle of a disruption. For the first time in decades, less than 50% of practices are physician owned. This is despite the fact that the research shows better patient outcomes with physician led systems. While there are many reasons for this, one of the major reasons is because physicians lack business skills and so avoid the business of medicine altogether. Physicians need to add business skills ...

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As the healthcare industry moves to value based reimbursement, providers and health systems are often caught in the crossfire of new regulations, new reimbursement models and the potential for government incentives or penalties. In this podcast, Joni Wyatt will present information on new types of reimbursement models, the infrastructure needed to make them successful, and how they may impact current revenue and patient care.

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Is the internet helping or hurting your practice? Approximately 1 out of 5 of healthcare professionals do not have a website, making it harder for new patients to find them. In this podcast Robert Martin will provide an insight of how to improve communication skills, develop relationships, and better engage patients through the use of tools and techniques available via internet marketing.

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