Jackson Lewis P.C.’s Post

Exploring the Impact of the FTC's Non-Compete Ban on Healthcare! The recent discussions in my network have highlighted a range of perspectives on the potential effects of the FTC's proposed non-compete ban, specifically within the healthcare sector. Opinions vary significantly: some anticipate a surge in doctors moving to independent practice, while others believe it will empower healthcare providers to negotiate better compensation, reflecting the value they deliver. What will be the reaction from large healthcare employers? As we witness the transformation of the traditional frameworks, the implications for the industry could be profound. Personally, I'm optimistic that these changes will encourage medical professionals to adopt a more business-savvy, mercantile approach, advocating more vigorously for what they truly deserve. https://lnkd.in/dGz4yrhN

A closer look at the FTC banning noncompete clauses in employment contracts, and what that means for the healthcare sector, in today's episode of Gist Healthcare Daily ⬇ 🎧 . https://lnkd.in/gWvWVtMW

The new ban on noncompetes could have a big impact on health care. Want to know how this can potentially affect you and your workers? Check out our recent webinar on what you need to know about the non-compete ban. In our most recent webinar, we uncovered: 📝Legal landscape 📝FTC rule change 📝Non-compete agreements In case you missed our webinar, click on the link to the recording in the comments section below. https://hubs.ly/Q02LW_6v0

Affordable Care Act Need to Knows: 📝📣The Affordable Care Act (ACA) requires specific health care coverage filing compliance for employers. 🏢🏥The size and structure of your workforce determines your responsibility. ⚠️The IRS can levy severe reporting penalties against employers who are noncompliant with the ACA. ✅Our ACA TRACK checklist below allows you to stay on top of Affordable Care Act reporting requirements. Visit our link to request a quote for services! https://lnkd.in/dK5vVMvR

The Importance of Accuracy in ACA Form 1094/1095 Reporting In the realm of HR responsibilities, accurate reporting on Affordable Care Act (ACA) Forms 1094 and 1095 stands out as particularly important. These forms, which report health coverage information to the IRS and communicate whether employers are meeting their obligations under the ACA, carry significant implications for compliance and penalty avoidance. Learn more here - https://hubs.ly/Q02CJn-K0

How does the new FTC noncompete ban impact physicians’ agreements?   The American Medical Association (AMA) reports that the agreements affect between 37%-45% of physicians.     Our latest legal alert highlights some of the things you need to know regarding the noncompete ban’s impact on the healthcare space: https://lnkd.in/egFR-kMz   Reach out to Matthew Shatzkes, Jonathan Rogoff or Chase Howard to learn more.   #bochnerpllc #healthcare #noncompeteban

New ban on noncompetes could have big impact on health care Between 37% and 45% of physicians are affected by noncompetes, according to the American Medical Association. The FTC projected the rule could reduce health care costs by up to $194 billion in the next decade. It has cited evidence that noncompete agreements encourage consolidation and drive up health care prices. https://lnkd.in/gk8zbczJ

Today is National Healthcare Decision Day (NHDD). NHDD is always April 16th, after Tax Day. After getting your taxes done, it's time to review your health care wishes each year. Because only deaths and taxes are certain, as Benjamin Franklin said. Advance care planning is crucial. It is never too early to have conversations in preparation for health care. 📍Plan for the time when you are seriously ill - advance directive, or living will. 📝Think about: your healthcare proxy, health care plan, financial power of attorney 📍Basic estate planning - check out local nonprofits for free legal help. 📝Take action : start conversation, plan, and execute. #NHDD #NationalHealthcareDecisionDay #HealthCareDecisions #advancecareplanning #StartTheConversation #estateplanning

I hear "the claims are the claims" all the time in reference to what drives employer healthcare costs. Problem is they're not. 𝗬𝗼𝘂𝗿 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝘀 𝗰𝗹𝗮𝗶𝗺𝘀 𝗮𝗿𝗲 𝘀𝗼𝗺𝗲 𝗼𝘁𝗵𝗲𝗿 𝗰𝗼𝗺𝗽𝗮𝗻𝘆'𝘀 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝘀𝘁𝗿𝗲𝗮𝗺. Per a JAMA Health Forum study: "1-in-5 (US citizens) reported receiving a medical bill they disagree with or cannot afford; 61% of them reached out to the billing office to address their concern; less educated respondents, those with lower financial literacy, and the uninsured were less likely to reach out to a billing office. 𝙈𝙤𝙨𝙩 𝙧𝙚𝙨𝙥𝙤𝙣𝙙𝙚𝙣𝙩𝙨 𝙬𝙝𝙤 𝙧𝙚𝙖𝙘𝙝𝙚𝙙 𝙤𝙪𝙩 𝙧𝙚𝙥𝙤𝙧𝙩𝙚𝙙 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙧𝙚𝙡𝙞𝙚𝙛, 𝙗𝙞𝙡𝙡 𝙘𝙤𝙧𝙧𝙚𝙘𝙩𝙞𝙤𝙣𝙨, 𝙤𝙧 𝙗𝙚𝙩𝙩𝙚𝙧 𝙪𝙣𝙙𝙚𝙧𝙨𝙩𝙖𝙣𝙙𝙞𝙣𝙜 𝙤𝙛 𝙩𝙝𝙚 𝙗𝙞𝙡𝙡." The lesson, provide your members with support and resources to help them better understand medical expenses and question them. #HealthcareCosts #EmployerBenefits #MedicalBilling #FinancialLiteracy #EmployeeSupport #HealthCareTransparency #ClaimsManagement #HealthcareAdvocacy #MemberSupport #HealthBenefits #JAMAStudy

Bob Wilson, thank you for this share and your continued work to elevate and support rural hospitals and healthcare. Good healthcare policy decisions are not excel spreadsheet exercises. Although it is convenient for policy and law makers to take the “pay for” approach via spreadsheet. What we need is deep understanding of how care is planned and delivered, and what good looks like. We would be well served if regulators (CMS) would hold MA plans accountable and not over-pay them. By introducing the tens of billions of overpayment back into the system, we could: 1. Pay physicians (especially PCPs) fairly 2. Avoid harmful policy changes (like site neutrality) that disproportionately harm small hospitals who rely mainly on outpatient services to pay the bills and stay open Accountability is not a verb, it’s a way of doing business. So simple.