While transparency is viewed as important to reducing consumer health costs, little has been done to affect business-to-business relationships and confront pricing practices that are often variable and opaque.
In May of this year, President Obama and the U.S. Department of Labor (“DOL”) released the long-awaited Final Rule revising the minimum salary requirement for an employee to qualify for the overtime exemption under the Fair Labor Standards Act (“FLSA”). All changes under the rule will take effect on December 1, 2016.
Following a flood of criticism from the pharmaceutical lobby, medical societies, patient groups and members of Congress, the Centers for Medicare & Medicaid Services (CMS) has announced it may make some adjustments to its Medicare Part B drug pay proposal.
Nearly 40% of doctors in the U.S. are aged 50 or older, and one in four are 65 or older, according to the American Medical Association. For these baby boomers, retirement is a fast-approaching reality. As they ponder their next life phase, doctors who own private practices face several challenges unique to the profession.