Wednesday, March 14, 2012
News for Young Physicians
ABMS sets time limits for getting board-certified
A new policy adopted by the American Board of Medical Specialties (ABMS) restricts how long physicians can wait before becoming certified in their specialty.
The new rule, which took effect Jan. 1, requires physicians to become certified within three to seven years after residency, depending on the specialty. After that, a physician who does not achieve certification will need to meet certain requirements to be established by his or her specialty board to restart the certification process.
The goal of the new policy is to better define the term "board eligible." Previously, physicians had an indefinite amount of time to attain board certification. Learn more about this policy.
View a story by American Medical News about the policy.
Guide helps doctors assess emerging payment models
A new "how to" manual from the AMA helps physicians evaluate, negotiate and manage risk-based payment systems that are becoming alternatives to the predominant fee-for-service model for reimbursing physicians.
The manual, "Evaluating and Negotiating Emerging Payment Options," analyzes such budget-based payment systems as payment bundling, pay-for-performance, withholds and risk pools, capitation and shared savings. It provides practical information to help physicians evaluate budget-based payment models and successfully negotiate the evolving payment environment.
The manual is just one of many resources available free to all physicians on the AMA's newly updated online practice consultant. The AMA also offers related resources about accountable care organizations, co-ops and other new delivery system options.