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MSSNY President Shares his thoughts on the Recent Wrongful Death Liability Bill

Parag Metha, MDPresident- Medical Society of the State of New York

 "The recent legislation would exponentially increase the   damages that are awardable under New York’s wrongful-death   statute.  One actuarial study concluded the increased damages   and the new lawsuits this bill would trigger would increase   liability insurance costs for New York’s doctors and hospitals by nearly 40 percent." 

Read more here

The Centers for Medicare & Medicaid Services (CMS) released the final rule for the CY 2022 Medicare physician fee schedule. American Medical Association (AMA) staff are thoroughly analyzing the 2400+ page rule and will provide a comprehensive summary in the near future. Notably, the 2022 Medicare conversion factor will be reduced by approximately 3.85% from 34.8931 (2021) to 33.5983. This is largely a result of the expiration of a 3.75% increase to the conversion factor at the end of calendar year 2021, as averted in 2021 by Congressional action. The AMA continues to strongly advocate for Congress to avert this significant cut and extend the 3.75% increase for 2022, as it further compounds the growing financial instability of physician practices due to the severe reduction in revenue caused by the continued COVID-19 PHE.

The text of the proposed rule can be accessed at:  https://www.federalregister.gov/public-inspection/current

Link to the CMS Press Release: https://www.cms.gov/newsroom/press-releases/cms-physician-payment-rule-promotes-greater-access-telehealth-services-diabetes-prevention-programs

Link to the Physician Fee Schedule Fact Sheet: https://www.cms.gov/newsroom/fact-sheets/calendar-year-cy-2022-medicare-physician-fee-schedule-final-rule

Link to the QPP Fact Sheet and related material: https://qpp-cm-prod-content.s3.amazonaws.com/uploads/1654/2022%20Quality%20Payment%20Program%20Final%20Rule%20Resources.zip


MLMIC SHaRES TaLK sTUDIO: sPECIAL aLBANY rEPORt ON pENDING lEGISLATION


 MLMIC Insurance Company is proud to present the latest episode of Talk Studio, a video series on important and trending issues in professional liability, healthcare law and risk management. Read here to learn more 

Detailed Albany Report here

The Lastest Health & Legal Information from MLMIC 

https://www.mlmic.com/wp-content/uploads/2020/06/34858-MLMIC-2022-Q2-Medical-Scope_DIGITAL.pdf


Jim Wilson/Vaccinations typically consist of two or more doses of the same vaccine, but the F.D.A. is expected to authorize a mix-and-match strategy. 

Mix-and-Match Covid Boosters: Why They Just Might Work

The F.D.A. may authorize booster shots of vaccines different from the ones that Americans originally received. The science behind the move is promising.

By Carl Zimmer/The New York Times -Read More Here:

https://www.nytimes.com/2021/10/19/health/covid-vaccine-mix-match.html


Biden Administration To Provide Americans With 400M Free N95 Masks Beginning Next Week

The Washington Post (1/19, Diamond, Sun) reports, “The Biden administration plans to distribute 400 million high-quality N95 masks for adults free of charge at thousands of pharmacies and other locations starting next week, a White House official said.” Officials will begin “to ship masks at the end of this week,” and “the program will be fully up and running by early February.” The Post adds, “There will be three masks available per adult. Also, ‘we anticipate making additional, high-quality masks for children available in the near future,’ the official said.”  

New Shared Decision-Making Website for Providers Complements FAIR Health Consumer Website

FAIR Health has created a free website for providers about shared decision making to complement the consumer resources on that subject at its free, award-winning consumer website, fairhealthconsumer.org.

MSSNY Haiti Earthquake Relief Fund
The devastating 7.2-magnitude earthquake that struck the southwestern region of Haiti killed nearly 2,000 people and injured close to 10,000. Unfortunately, those numbers are expected to rise. The disaster resulted in toppled buildings and homes and damaged infrastructure and roads, cutting off access to some areas in the southwest, and forcing many to flee their homes in fear that they may collapse.

The people of Haiti desperately need help. Please consider making a donation to the MSSNY Haiti Earthquake Relief Fund. Donations will be sent to organizations assisting Haiti with urgent needs, including medical supplies and equipment.

MSSNY Twitter Image result for twitter symbol

@Queens_Doctors



New PPP Loan Parcel & Extended Tax Provisions Packaged In 2021 COVID Relief Bill

Fuoco Group presents this information to the members of the Medical Society as a member benefit.

Extension and Enhancement of PPP Loans

The Consolidated Appropriations Act, 2021, makes available an additional $284 billion in PPP loans.

What does the “ACT” mean for you and your practice?  Click HERE to learn more.


                                    

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