I want to take this opportunity to welcome Dr. Gary Ott, FACOG, medical director of Premier Women’s Health Associates. Dr. Ott recently moved to the Los Angeles area from the Northeast, started a practice after managing a successful OB-GYN practice for several years and joined LACMA last week after learning about our benefits and how we serve physicians. Dr. Ott immediately took advantage of the LACMA discount program with PatientPop, the practice growth platform partner and will begin to see new patients soon, along with a redesigned website and online marketing and reputation management tools. Welcome, Dr. Ott!
I am pleased to announce an imminent agreement with Foothill Cardiology Medical Group. Thanks go to Dr. Sion Roy and Dr. Bill Averill for reaching out to fellow cardiologists to help make this agreement possible. The signing will take place this week for 18 physicians who are part of a three-year agreement.
A Win for the Physician Community
Assembly Bill 1404 (Santiago) has been put on a two-year suspense, meaning it will not be heard this current legislative cycle, which is good news for physicians! This poorly written bill would have made physicians' salaries and retirement plans public. The bill would have required a healthcare entity to disclose a contracted physician’s compensation information, including base compensation, deferred compensation, and any bonuses or incentives that are part of their total compensation. Assemblymember Santiago decided to make it a two-year bill, which typically happens when the author is unsuccessful at securing enough votes (verbally) in their favor. Also, the Legislature passed CMA’s sponsored bill AB 744, which is now heading to the governor’s desk. The physician community was heard loud and clear!
Shop in the LACMA Marketplace
Now that the new and much improved LACMA website is more accessible and easier to find (ladocs.org), I’m pleased to share that the LACMA Marketplace is also more intuitive and user-friendly. Members can take advantage of discounts on items from supplies to vaccines.
Surprise Billing Fight Wages On
We continue to urge our members to contact their members of Congress about the surprise medical billing legislation moving through Congress. Several of the bills moving through Congress mirror California’s unsuccessful surprise billing law (AB 72). While California protects patients from surprise medical bills, the rest of the law is not working. Insurers across the state are canceling long-standing contracts with physician groups or imposing significant 25%-45% payment cuts. Insurers have decided they no longer need to contract because they can pay the low rate established in state law.
Physician networks are diminishing and access to care is in jeopardy for in-network care, as well as for emergency physicians and on-call surgeons, anesthesiologists, and other specialists who care for patients in emergencies. If the on-call physicians no longer have a contract and will only be paid the low rate in the law, they cannot afford to accept call responsibilities. The Department of Managed Health Care has reported a 48% increase in patient access to care complaints since the passage of AB 72.
CMA and all of organized medicine are urging Congress to support HR 3502, the Protecting People from Surprise Medical Bills Act, authored by physician Congressmen Raul Ruiz, MD, (D-Calif.) and Phil Roe, MD, (R-Tenn.), which is based on the proven, successful New York model.
Protect patients from surprise medical bills.
Establish a fair process that incentivizes insurers and physicians to contract, with a dispute resolution process that uses a reasonable market-based payment benchmark.
Preserve patient access to in-network physicians, emergency physicians, and on-call physician specialists who care for patients in emergencies.
Cosponsor Ruiz-Roe HR 3502, Protecting People from Surprise Medical Bills, based on the proven New York model.
The Importance of Beating the Clock:
Qualified Retirement Planning for 2019!
What we found last year is that those who want to reduce their tax liability by implementing a pension for 2018 were waiting to the last minute and some waited too long and had to implement for 2019. Sad because it was significant amounts of money they were forced to pay to the IRS because of procrastination.
For some planning, such as a Safe Harbor 401(k) Plan, the deadline is 10/15 but even now might be stretching it for those who want to implement this for the first time because of implementation timing. Putting in a retirement plan for 2019 could bring a doctor's taxes down 50%-70%. In our recent webinars, most doctors don't even know they can do this, or they were told false information, so they ditched the idea in the past. Misinformation hurts the best, as we all know.
Are you a successful and profitable medical group, private practice, solo practitioner or owner of a medical business who is looking to reduce your tax liability and keep the money in your possession?
Now is the time to start the process to prevent disruption from taking advantage of the deductions for 2019! Email our preferred partner, Jonathan M. Barrera of WestPac Wealth Partners, for more information about qualified retirement planning for 2019.
We are pleased to welcome VIP Remote Health as a preferred LACMA partner!
VIP Remote Health allows for clinicians and patients to communicate quickly, share data and manage healing and wellness in new and convenient ways. It offers three remarkable products that your patients are sure to enjoy, with technology covered by most insurance!
The WB-100 Smart Band is a lightweight health band that offers a great way to monitor and track your health with little to no effort. This elegant WB-100 Health Band gives you health data insight of your daily activity and ranges. Connect the Health Band WB-100 to the smartphone APP and you can take control of your health and live a healthy, balanced life.
The VIP Health Monitor App gathers personalized real-time data that helps manage and prevent healthcare outcomes. You can check your blood pressure or heart rate any time anywhere! Pair the Smart Health Band with the VIP Health Monitori App to gather personal health data to send to your healthcare professional for review. The VIP Health Monitor App is compatible with any Android or iOS smartphone.
Assisted by artificial intelligence, a powerful online HIPAA Compliant Doctor Dashboard displays patient health information in a proprietary format to be reviewed by the physicians only. Physicians can visualize and analyze your wellness metrics such as heart rate that includes PTT, Respiration Rate, Blood Oxygen Saturation, Blood Glucose, Body Temperature, Hypertension, Sleep Pattern, and others. Remote patient monitoring achieves this effective communication through a specific series of functions: Once the user activates the patient monitor, information is collected, stored on internal systems, and formatted for transmission to the patient’s healthcare physician. Physicians can access relevant patient data in real-time, providing oversight and effective care management for their patients.
Learn how VIP Remote Health can transform your Physician-patient relationship.
The Billion-Dollar Identity Theft Scam
WHY SHOULD MY HEALTHCARE PRACTICE CARE ABOUT DATA BREACHES AND IDENTITY THEFT?
HOW DOES A DATA BREACH AFFECT MY PATIENTS?
YOU ASKED, WE LISTENED
Many healthcare professionals are unaware of the billion-dollar scam that will affect their healthcare practice after a data breach. LibertyID, an expert in helping healthcare practices prepare for and respond to potential data breaches, will be sharing how healthcare practices may not be as prepared as they think they are because of a billion-dollar scam. Paul Ferron, the vice president of LibertyID, will be hosting this webinar on September 24, 2019, at 2 p.m. (PDT).
RSVP to firstname.lastname@example.org to attend the webinar.
Celebrating Women in Medicine
Please join the Los Angeles County Medical Association starting at 11 a.m. on Saturday, September 28, for a very special event at the Le Meridien Delfina Hotel in Santa Monica – our annual Celebration of Women in Medicine!
This year’s honorees include:
Anna Yap, MD – Rising Star of Physician Leadership Award
Christina Ghaly, MD – Extraordinary and Inspirational Achievement Award
Elaine Batchlor, MD, MPH – Rose Talbot Bullard Award – Woman Physician Champion and Trailblazer
This event is free to members of LACMA; $25 for guests of LACMA members; and the cost for nonmembers is $50 per person. Please contact Lisa Le for further information and to RSVP for the event.
The annual Los Angeles Healthcare Awards honors LA County’s top physicians, healthcare leaders and institutions for their work to improve healthcare in LA County. Honorees are individuals and organizations whose outcomes are positively impacting the lives of LA County residents and improving our local communities.
The Patient Care Foundation will also announce this year's scholarship recipients at the awards ceremony at the Four Seasons in Beverly Hills on November 8, 2019.
“Of all the judgments we pass in life, none is more important than the judgment we pass on ourselves.”
– Nathaniel Branden
Chief Executive Officer
Los Angeles County Medical Association
“If it matters to our LACMA members, it matters to me.”