Abstracts » Health

Medicine pauses at the price: split on cost control, doctors strive to prove they're ready for reform

Article Abstract:

Physicians have traditionally fought health care reform but have been forced to embrace some type of change. Most favor mandatory employer-supplied health insurance with expanded federal coverage for the poor. However, on the issue of cost controls, which would affect physicians directly, physicians are sharply divided. The American College of Physicians and the American Academy of Family physicians endorses global caps on medical costs, while the American Medical Association rejects global budgeting. Some fear that politicians may use this difference to divide the medical community during reform planning.

Compensation and benefits

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Reform panic: doctors, hospitals rush to integrate services

Article Abstract:

Physicians and hospitals are already making plans to integrate their services even before Pres Clinton implements his health care reform program. The health care industry has been increasing the number of contract partnerships it forms to expand its market share under the managed care system proposed by the new administration. However, physicians need to be very careful when entering into new partnerships and should make sure that the vertically integrated plans they enter are well managed and financially secure.

Health care industry, Hospitals

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New IRS tax, penalties target doctors in deals with hospitals

Article Abstract:

The Internal Revenue Service (IRS) has the right to penalize doctors who profit from financial deals with nonprofit hospitals under legislation signed into law on Jul 31, 1996. The legislation also gives the IRS new legal recourse against individuals who illegally benefit from charitable institutions. The rules are contained within the "Taxpayer Bill of Rights 2." Hospital managers, trustees and directors will be affected by the legislation.

Public Finance Activities, Physicians & Surgeons, Offices of Physicians (except Mental Health Specialists), Tax Evasion & Penalties, Taxation, Powers and duties, Tax penalties, United States. Internal Revenue Service

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