Accreditation Statement: AMDA – The Society for Post-Acute and Long-Term Care Medicine is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education for physicians.
Designation Statement: AMDA – The Society for Post-Acute and Long-Term Care Medicine designates this live activity for a maximum of 1.5 AMA PRA Category 1 Credit(s) ™. Physicians should only claim credit commensurate with the extent of their participation in the activity.
ABPLM Designation Statement: This internet enduring material has been pre-approved by the American Board of Post-Acute and Long-Term Care Medicine (ABPLM) for a total of 1.5 management hours toward certification as a Certified Medical Director (CMD) in post-acute and long-term care medicine. The CMD program is administered by the ABPLM. Each physician should claim only those hours of credit actually spent on the activity.
Session Description: This session will begin with a brief overview of private practice trends through the last few decades, followed by a discussion on logistics of starting a business in highly regulated health care and even more so the post-acute industry. A panel discussion will share personal experiences, provide tips, and discuss challenges and opportunities faced in starting and growing a PA/LTC practice..
Discuss the logistics of setting up and expanding a "small business" in healthcare industry.
Describe traditional fee for service reimbursement model and nursing home billing.
Discuss the impact of future value based payment models on solo, small and large private practices.
Explore sustainable solo and group practice models in PA/LTC setting.
Speaker(s): Dheeraj Mahajan, MD, CMD Daniel Haimowitz, MD, CMD Jerome Wilborn, MD Leonard Gelman, MD, CMD Rod Baird, MS
Disclosure(s): Daniel Haimowitz: Has financial disclosures; Astra Zeneca: Consultant; PHN Mertica: Speaker Rod Baird: Has a financial disclosure; Geriatric Practice Management: provider of EHR technology and LTC medical management. Shareholder and employee