Learning the business side of medicine

Learning the business side of medicine, available at Free, has an average rating of 4.85, with 9 lectures, 5 quizzes, based on 1037 reviews, and has 15980 subscribers.

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You will learn about Understand how physicians generate revenue Undertand how physicians are paid for their services Understand how medical documentation can influence revenue and compensation Understand how medical documentation can influence healthcare quality Understand basic physican contracting This course is ideal for individuals who are Medical Students or Residents and Fellows or Physicians or This course is probably not for you if you are not a health care practitioner working in the United States of America. All the course material is focused on how the health care system works in the USA. It is particularly useful for Medical Students or Residents and Fellows or Physicians or This course is probably not for you if you are not a health care practitioner working in the United States of America. All the course material is focused on how the health care system works in the USA.

Enroll now: Learning the business side of medicine

Summary

Title: Learning the business side of medicine

Price: Free

Average Rating: 4.85

Number of Lectures: 9

Number of Quizzes: 5

Number of Published Lectures: 9

Number of Published Quizzes: 5

Number of Curriculum Items: 14

Number of Published Curriculum Objects: 14

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

Understand how physicians generate revenue

Undertand how physicians are paid for their services

Understand how medical documentation can influence revenue and compensation

Understand how medical documentation can influence healthcare quality

Understand basic physican contracting

Who Should Attend

Medical Students

Residents and Fellows

Physicians

This course is probably not for you if you are not a health care practitioner working in the United States of America. All the course material is focused on how the health care system works in the USA.

Target Audiences

Medical Students

Residents and Fellows

Physicians

This course is probably not for you if you are not a health care practitioner working in the United States of America. All the course material is focused on how the health care system works in the USA.

The Business of Medicine

The Business of Medicine covers essential skills to your success as a physician in the United States after completing your medical education. Medical billing, medical coding, the medical practice revenue cycle, physician contracts, and other topics will be presented in a way you can apply to your practice today.

The challenges of Cost, Quality, and Value in healthcare are highlighted at relevant times during this course.

This course is the subject of a peer reviewed article published in PeerJ in August, 2016.

Key post-residency skills covered in the Business of Medicine:

Physician revenue generation – Medical billing, medical coding, and the medical practice revenue cycle.?

Physician Income – This section discusses how physicians are paid in today’s healthcare environment. Compensation models, RVUs (Relative Value Units), and other aspects of physician compensation are covered in detail.

Medical documentation – This section covers how medical encounters should be documented so that they comply with the strict guidelines outlined by Medicare and how improved documentation is related to increased compensation and quality.

Hospital documentation

to improve DRG coding in terms of CCs (comorbid or complicating conditions) and MCCs (major comorbid or complicating conditions) is discussed. Improving documentation of CCs and MCCs is a major effort underway in hospitals throughout the United States because of how this documentation can influence hospital payments from Medicare and other insurers.

Measuring physician quality – This section discusses a few of the ways physician quality is measured like HCAPHS and the VBP. The relationship to measured quality and physician compensation is discussed as well.

Physician contracts – This section covers the basics of physician contracting and a few areas for special attention – non-compete agreements, compensation, and signing bonuses.

Who is this course designed for?

This course is designed for medical students, residents, fellows, and attending physicians. This is a great course for attending physicians who are trying to maximize their productivity and value to the healthcare system.?

What do I need to know to get the most out of this course?

A good knowledge of medical terminology and medical records will be helpful. Most 3rd or 4th year medical students will be well prepared for this course.

Conflict of interest and disclosures.

The instructor of this course denies any conflict of interest or disclosures with the content material in this course.

Course Curriculum

Chapter 1: Medicine as a Business

Lecture 1: Healthcare is a Business

Lecture 2: Physician Revenue Generation

Lecture 3: How Physicians are Paid

Chapter 2: Key Practice Skills – Medical Documentation

Lecture 1: Documenting E&M Services

Lecture 2: Effective E&M Documentation

Lecture 3: Documenting Medical Procedures

Lecture 4: Medical Documentation: DRGs, CCs, and MCCs

Chapter 3: Measuring Physician Quality

Lecture 1: Measuring Physician Quality

Chapter 4: Physician Employment Contracting

Lecture 1: Physician Employment Contracting

Instructors

R Robinson, MD
Academic Physician

Rating Distribution

1 stars: 15 votes

2 stars: 16 votes

3 stars: 143 votes

4 stars: 354 votes

5 stars: 509 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!