<br />
New in<br />
Practice 2011<br />
<br />
WHAT MEDICAL RESIDENTS NEED TO KNOW BEFORE ENTERING PRACTICE<br />
<br />
<br />
<br />
<br />
<br />
<br />
Evaluating<br />
practice opportunities<br />
<br />
The business side<br />
of medicine<br />
<br />
Medical billing<br />
<br />
Financial planning<br />
and insurance<br />
<br />
K1G 6R7.<br />
PM 41190522 RETURN UNDELIVERABLE CANADIAN ADDRESSES TO 1870 ALTA VISTA DRIVE, OTTAWA, ON<br />
<br />
Medical law<br />
<br />
So... you're<br />
finishing residency<br />
<br />
<br />
cma.ca/newinpractice<br />
Facebook.com/newinpractice<br />
<br />
<br />
published by<br />
The Humalog® Brand of Insulins<br />
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Different patients.<br<a title="New In Practice 2011 page 1" href="http://viewer.zmags.com/publication/046a20e6?page=1"> New inPractice 2011WHAT MEDICAL RESIDE</a> New inPractice 2011WHAT MEDICAL RESIDE<a title="New In Practice 2011 page 2" href="http://viewer.zmags.com/publication/046a20e6?page=2">The Humalog® Brand of InsulinsDifferent patien</a> The Humalog® Brand of InsulinsDifferent patien<a title="New In Practice 2011 page 3" href="http://viewer.zmags.com/publication/046a20e6?page=3">CHAPTER 1Evaluatingpractice opportunities 6 </a> CHAPTER 1Evaluatingpractice opportunities 6 <a title="New In Practice 2011 page 4" href="http://viewer.zmags.com/publication/046a20e6?page=4">Being positiveis healthy.Make it a habitwith s</a> Being positiveis healthy.Make it a habitwith s<a title="New In Practice 2011 page 5" href="http://viewer.zmags.com/publication/046a20e6?page=5">CHAPTER 1Evaluatingpractice opportunities </a> CHAPTER 1Evaluatingpractice opportunities <a title="New In Practice 2011 page 6" href="http://viewer.zmags.com/publication/046a20e6?page=6">Fee-for-service billingFee-for-ser vicebill</a> Fee-for-service billingFee-for-ser vicebill<a title="New In Practice 2011 page 7" href="http://viewer.zmags.com/publication/046a20e6?page=7"> Health (MoH) can track whether there is a cha</a> Health (MoH) can track whether there is a cha<a title="New In Practice 2011 page 8" href="http://viewer.zmags.com/publication/046a20e6?page=8">Fee-for-service billingcodes are specialty-s</a> Fee-for-service billingcodes are specialty-s<a title="New In Practice 2011 page 9" href="http://viewer.zmags.com/publication/046a20e6?page=9">provides the MRI and staff — which is not allowed</a> provides the MRI and staff — which is not allowed<a title="New In Practice 2011 page 10" href="http://viewer.zmags.com/publication/046a20e6?page=10">Alternative payment plansAlternativepayment p</a> Alternative payment plansAlternativepayment p<a title="New In Practice 2011 page 11" href="http://viewer.zmags.com/publication/046a20e6?page=11">billable under the fee-for-service model. Some pr</a> billable under the fee-for-service model. Some pr<a title="New In Practice 2011 page 12" href="http://viewer.zmags.com/publication/046a20e6?page=12">Alternative payment plansand a medical servi</a> Alternative payment plansand a medical servi<a title="New In Practice 2011 page 13" href="http://viewer.zmags.com/publication/046a20e6?page=13">PublisherEditorSegment ManagerPhysician Edi</a> PublisherEditorSegment ManagerPhysician Edi<a title="New In Practice 2011 page 14" href="http://viewer.zmags.com/publication/046a20e6?page=14">Salaried position</a> Salaried position<a title="New In Practice 2011 page 15" href="http://viewer.zmags.com/publication/046a20e6?page=15">patients you see, the services you provide or the</a> patients you see, the services you provide or the<a title="New In Practice 2011 page 16" href="http://viewer.zmags.com/publication/046a20e6?page=16">LocumsLocu s Before committing to a l</a> LocumsLocu s Before committing to a l<a title="New In Practice 2011 page 17" href="http://viewer.zmags.com/publication/046a20e6?page=17">overhead costs for a full-time GP were in the bal</a> overhead costs for a full-time GP were in the bal<a title="New In Practice 2011 page 18" href="http://viewer.zmags.com/publication/046a20e6?page=18">Locums</a> Locums<a title="New In Practice 2011 page 19" href="http://viewer.zmags.com/publication/046a20e6?page=19"> Xxxxx xxxxxEvaluation checklistEval</a> Xxxxx xxxxxEvaluation checklistEval<a title="New In Practice 2011 page 20" href="http://viewer.zmags.com/publication/046a20e6?page=20">Evaluation checklistAPPOINTMENT SCHEDULINGr W</a> Evaluation checklistAPPOINTMENT SCHEDULINGr W<a title="New In Practice 2011 page 21" href="http://viewer.zmags.com/publication/046a20e6?page=21">Talk to your patientsTM Pfizer Inc., used </a> Talk to your patientsTM Pfizer Inc., used <a title="New In Practice 2011 page 22" href="http://viewer.zmags.com/publication/046a20e6?page=22">Becausethe market can beharder to read thanyou</a> Becausethe market can beharder to read thanyou<a title="New In Practice 2011 page 23" href="http://viewer.zmags.com/publication/046a20e6?page=23">CHAPTER 2The business sideof medicine24 T</a> CHAPTER 2The business sideof medicine24 T<a title="New In Practice 2011 page 24" href="http://viewer.zmags.com/publication/046a20e6?page=24">Types of group practiceTypes of grouppract</a> Types of group practiceTypes of grouppract<a title="New In Practice 2011 page 25" href="http://viewer.zmags.com/publication/046a20e6?page=25">· Face greater start-up costs and ongoing overhe</a> · Face greater start-up costs and ongoing overhe<a title="New In Practice 2011 page 26" href="http://viewer.zmags.com/publication/046a20e6?page=26">Types of group practice· Capital expenses s</a> Types of group practice· Capital expenses s<a title="New In Practice 2011 page 27" href="http://viewer.zmags.com/publication/046a20e6?page=27">KEY CONTRACT POINTSfie association contract or p</a> KEY CONTRACT POINTSfie association contract or p<a title="New In Practice 2011 page 28" href="http://viewer.zmags.com/publication/046a20e6?page=28">OverheadOverheadW </a> OverheadOverheadW <a title="New In Practice 2011 page 29" href="http://viewer.zmags.com/publication/046a20e6?page=29">tices. However, understanding the potential costs</a> tices. However, understanding the potential costs<a title="New In Practice 2011 page 30" href="http://viewer.zmags.com/publication/046a20e6?page=30">The art of negotiationThe art of negotiation</a> The art of negotiationThe art of negotiation<a title="New In Practice 2011 page 31" href="http://viewer.zmags.com/publication/046a20e6?page=31">important to you will help better guide your deci</a> important to you will help better guide your deci<a title="New In Practice 2011 page 32" href="http://viewer.zmags.com/publication/046a20e6?page=32">The art of negotiationoffer depends partly on</a> The art of negotiationoffer depends partly on<a title="New In Practice 2011 page 33" href="http://viewer.zmags.com/publication/046a20e6?page=33">Business decision authority: Outlines how decisio</a> Business decision authority: Outlines how decisio<a title="New In Practice 2011 page 34" href="http://viewer.zmags.com/publication/046a20e6?page=34">The art of negotiationpartnership agreement.</a> The art of negotiationpartnership agreement.<a title="New In Practice 2011 page 35" href="http://viewer.zmags.com/publication/046a20e6?page=35">Electronic medical recordsElectronic medicalre</a> Electronic medical recordsElectronic medicalre<a title="New In Practice 2011 page 36" href="http://viewer.zmags.com/publication/046a20e6?page=36">Electronic medical records He adds: “On</a> Electronic medical records He adds: “On<a title="New In Practice 2011 page 37" href="http://viewer.zmags.com/publication/046a20e6?page=37">Becausebetter practicesmean betterpatient care</a> Becausebetter practicesmean betterpatient care<a title="New In Practice 2011 page 38" href="http://viewer.zmags.com/publication/046a20e6?page=38">When managing painand inflammationSELECTCELE</a> When managing painand inflammationSELECTCELE<a title="New In Practice 2011 page 39" href="http://viewer.zmags.com/publication/046a20e6?page=39">CHAPTER 3Medical billing40 Getting what yo</a> CHAPTER 3Medical billing40 Getting what yo<a title="New In Practice 2011 page 40" href="http://viewer.zmags.com/publication/046a20e6?page=40">Getting what you've earnedGetting what you'</a> Getting what you've earnedGetting what you'<a title="New In Practice 2011 page 41" href="http://viewer.zmags.com/publication/046a20e6?page=41">Physician remunerationPhysicianremunerationW</a> Physician remunerationPhysicianremunerationW<a title="New In Practice 2011 page 42" href="http://viewer.zmags.com/publication/046a20e6?page=42">Organizing your billingOrganizing yourbi· Ev</a> Organizing your billingOrganizing yourbi· Ev<a title="New In Practice 2011 page 43" href="http://viewer.zmags.com/publication/046a20e6?page=43">delegated to your nurse or technician. Your staff </a> delegated to your nurse or technician. Your staff <a title="New In Practice 2011 page 44" href="http://viewer.zmags.com/publication/046a20e6?page=44">Provincial billing guidesProvincial billing gui</a> Provincial billing guidesProvincial billing gui<a title="New In Practice 2011 page 45" href="http://viewer.zmags.com/publication/046a20e6?page=45">The billing process The billingprocessTh</a> The billing process The billingprocessTh<a title="New In Practice 2011 page 46" href="http://viewer.zmags.com/publication/046a20e6?page=46">The billing processany, are not accepted. </a> The billing processany, are not accepted. <a title="New In Practice 2011 page 47" href="http://viewer.zmags.com/publication/046a20e6?page=47">The billing processUninsuredservicesFAST </a> The billing processUninsuredservicesFAST <a title="New In Practice 2011 page 48" href="http://viewer.zmags.com/publication/046a20e6?page=48">PrPRISTIQ® is indicated for the symptomatic relie</a> PrPRISTIQ® is indicated for the symptomatic relie<a title="New In Practice 2011 page 49" href="http://viewer.zmags.com/publication/046a20e6?page=49">CHAPTER 4Financial planningand insurance*50</a> CHAPTER 4Financial planningand insurance*50<a title="New In Practice 2011 page 50" href="http://viewer.zmags.com/publication/046a20e6?page=50">Eliminating debt and student loansdebt andst</a> Eliminating debt and student loansdebt andst<a title="New In Practice 2011 page 51" href="http://viewer.zmags.com/publication/046a20e6?page=51">Once you complete — and more importantly, apply —</a> Once you complete — and more importantly, apply —<a title="New In Practice 2011 page 52" href="http://viewer.zmags.com/publication/046a20e6?page=52">Eliminating debt and student loansprofession</a> Eliminating debt and student loansprofession<a title="New In Practice 2011 page 53" href="http://viewer.zmags.com/publication/046a20e6?page=53">Starting a family and parental benefitsStarting</a> Starting a family and parental benefitsStarting<a title="New In Practice 2011 page 54" href="http://viewer.zmags.com/publication/046a20e6?page=54">Tax basicsTaxBasics </a> Tax basicsTaxBasics <a title="New In Practice 2011 page 55" href="http://viewer.zmags.com/publication/046a20e6?page=55">Instalment paymentsInstalmentPayments· To </a> Instalment paymentsInstalmentPayments· To <a title="New In Practice 2011 page 56" href="http://viewer.zmags.com/publication/046a20e6?page=56">Instalment paymentsplaced a portion of your </a> Instalment paymentsplaced a portion of your <a title="New In Practice 2011 page 57" href="http://viewer.zmags.com/publication/046a20e6?page=57">· Determine what you can deduct. Your RRSP contr</a> · Determine what you can deduct. Your RRSP contr<a title="New In Practice 2011 page 58" href="http://viewer.zmags.com/publication/046a20e6?page=58">Investing basicsCASH AND CASH EQUIVALENTS </a> Investing basicsCASH AND CASH EQUIVALENTS <a title="New In Practice 2011 page 59" href="http://viewer.zmags.com/publication/046a20e6?page=59">IncorporationIncorporationJust as building a </a> IncorporationIncorporationJust as building a <a title="New In Practice 2011 page 60" href="http://viewer.zmags.com/publication/046a20e6?page=60">Incorporationrate. For the physician to rece</a> Incorporationrate. For the physician to rece<a title="New In Practice 2011 page 61" href="http://viewer.zmags.com/publication/046a20e6?page=61">Liability: Protection from liability through inco</a> Liability: Protection from liability through inco<a title="New In Practice 2011 page 62" href="http://viewer.zmags.com/publication/046a20e6?page=62">Incorporationpossibility. Other potential be</a> Incorporationpossibility. Other potential be<a title="New In Practice 2011 page 63" href="http://viewer.zmags.com/publication/046a20e6?page=63">Is it better to rent or buy a home?Is it bett</a> Is it better to rent or buy a home?Is it bett<a title="New In Practice 2011 page 64" href="http://viewer.zmags.com/publication/046a20e6?page=64">Is it better to rent or buy a home?mortgage </a> Is it better to rent or buy a home?mortgage <a title="New In Practice 2011 page 65" href="http://viewer.zmags.com/publication/046a20e6?page=65">Protectingyour· ere are three main type</a> Protectingyour· ere are three main type<a title="New In Practice 2011 page 66" href="http://viewer.zmags.com/publication/046a20e6?page=66">Protecting your lifestyleperform your job an</a> Protecting your lifestyleperform your job an<a title="New In Practice 2011 page 67" href="http://viewer.zmags.com/publication/046a20e6?page=67">income may be temporary, as these needs often ten</a> income may be temporary, as these needs often ten<a title="New In Practice 2011 page 68" href="http://viewer.zmags.com/publication/046a20e6?page=68">Can I get morefrom myincorporatedmedical pract</a> Can I get morefrom myincorporatedmedical pract<a title="New In Practice 2011 page 69" href="http://viewer.zmags.com/publication/046a20e6?page=69">Professional liability protectionProfessionall</a> Professional liability protectionProfessionall<a title="New In Practice 2011 page 70" href="http://viewer.zmags.com/publication/046a20e6?page=70">Professional liability protectionCMPA fee s</a> Professional liability protectionCMPA fee s<a title="New In Practice 2011 page 71" href="http://viewer.zmags.com/publication/046a20e6?page=71">CHAPTER 5Medical law72 The basics of infor</a> CHAPTER 5Medical law72 The basics of infor<a title="New In Practice 2011 page 72" href="http://viewer.zmags.com/publication/046a20e6?page=72">The basics of informed consentThe basics ofc </a> The basics of informed consentThe basics ofc <a title="New In Practice 2011 page 73" href="http://viewer.zmags.com/publication/046a20e6?page=73"> Pay special attention in obta</a> Pay special attention in obta<a title="New In Practice 2011 page 74" href="http://viewer.zmags.com/publication/046a20e6?page=74">Disclosing adverse events to patientsDisclosin</a> Disclosing adverse events to patientsDisclosin<a title="New In Practice 2011 page 75" href="http://viewer.zmags.com/publication/046a20e6?page=75">carries a sense of blame or fault that may be ina</a> carries a sense of blame or fault that may be ina<a title="New In Practice 2011 page 76" href="http://viewer.zmags.com/publication/046a20e6?page=76">Financial PracticeStart thinkingabout your fut</a> Financial PracticeStart thinkingabout your fut<a title="New In Practice 2011 page 77" href="http://viewer.zmags.com/publication/046a20e6?page=77">CHAPTER 6So... you'refinishing residency78 </a> CHAPTER 6So... you'refinishing residency78 <a title="New In Practice 2011 page 78" href="http://viewer.zmags.com/publication/046a20e6?page=78">Final stepsFinalstepsB et</a> Final stepsFinalstepsB et<a title="New In Practice 2011 page 79" href="http://viewer.zmags.com/publication/046a20e6?page=79"> fle MOC program re ects the Royal College's </a> fle MOC program re ects the Royal College's <a title="New In Practice 2011 page 80" href="http://viewer.zmags.com/publication/046a20e6?page=80">Final stepsCMPA dues, depending on the juris</a> Final stepsCMPA dues, depending on the juris<a title="New In Practice 2011 page 81" href="http://viewer.zmags.com/publication/046a20e6?page=81">Royal College of of Physicians and Surgeons of Ca</a> Royal College of of Physicians and Surgeons of Ca<a title="New In Practice 2011 page 82" href="http://viewer.zmags.com/publication/046a20e6?page=82">Royal College of of Physicians and Surgeons of Ca</a> Royal College of of Physicians and Surgeons of Ca<a title="New In Practice 2011 page 83" href="http://viewer.zmags.com/publication/046a20e6?page=83">Royal College of of Physicians and Surgeons of Ca</a> Royal College of of Physicians and Surgeons of Ca<a title="New In Practice 2011 page 84" href="http://viewer.zmags.com/publication/046a20e6?page=84">The College of</a> The College of<a title="New In Practice 2011 page 85" href="http://viewer.zmags.com/publication/046a20e6?page=85"> e Council's mandate is to strengthen an</a> e Council's mandate is to strengthen an<a title="New In Practice 2011 page 86" href="http://viewer.zmags.com/publication/046a20e6?page=86">Your professional advisory teamYour professi</a> Your professional advisory teamYour professi<a title="New In Practice 2011 page 87" href="http://viewer.zmags.com/publication/046a20e6?page=87"> nancial consultant can recommend efficient d</a> nancial consultant can recommend efficient d<a title="New In Practice 2011 page 88" href="http://viewer.zmags.com/publication/046a20e6?page=88">ResourcesResources to help you succeedI </a> ResourcesResources to help you succeedI <a title="New In Practice 2011 page 89" href="http://viewer.zmags.com/publication/046a20e6?page=89"> Enjoy the diverse lifestyleNew Brunswick has t</a> Enjoy the diverse lifestyleNew Brunswick has t<a title="New In Practice 2011 page 90" href="http://viewer.zmags.com/publication/046a20e6?page=90"> Social media guidelinesSocialmedia guidelines</a> Social media guidelinesSocialmedia guidelines<a title="New In Practice 2011 page 91" href="http://viewer.zmags.com/publication/046a20e6?page=91">PRESCRIBING SUMMARYPATIENT SELECTION CRITERIA</a> PRESCRIBING SUMMARYPATIENT SELECTION CRITERIA<a title="New In Practice 2011 page 92" href="http://viewer.zmags.com/publication/046a20e6?page=92">In clinical studies comparing renal function as m</a> In clinical studies comparing renal function as m<a title="New In Practice 2011 page 93" href="http://viewer.zmags.com/publication/046a20e6?page=93">The following warnings and precautions should be </a> The following warnings and precautions should be <a title="New In Practice 2011 page 94" href="http://viewer.zmags.com/publication/046a20e6?page=94">Suspension for Injection, Lilly StandardPRESCR</a> Suspension for Injection, Lilly StandardPRESCR<a title="New In Practice 2011 page 95" href="http://viewer.zmags.com/publication/046a20e6?page=95">before a meal. When necessary, Humalog® may be gi</a> before a meal. When necessary, Humalog® may be gi<a title="New In Practice 2011 page 96" href="http://viewer.zmags.com/publication/046a20e6?page=96">Prescribing SummaryPatient Selection Criteria</a> Prescribing SummaryPatient Selection Criteria<a title="New In Practice 2011 page 97" href="http://viewer.zmags.com/publication/046a20e6?page=97">At the recommended dose of 50 mg, the discontinua</a> At the recommended dose of 50 mg, the discontinua<a title="New In Practice 2011 page 98" href="http://viewer.zmags.com/publication/046a20e6?page=98">Table 2: Sexual Dysfunction Adverse Reactions (*1</a> Table 2: Sexual Dysfunction Adverse Reactions (*1<a title="New In Practice 2011 page 99" href="http://viewer.zmags.com/publication/046a20e6?page=99">CMAMembershipWe have anWe have anentire</a> CMAMembershipWe have anWe have anentire<a title="New In Practice 2011 page 100" href="http://viewer.zmags.com/publication/046a20e6?page=100"></a>