2. Get Engaged. We have many internal working groups addressing issues specific to private practice, employed practice, non-compete agreements, scope of practice, medical malpractice reform, and the corporate practice of medicine. All these issues impact your bottom line. Lend us your expertise and help us help you. 3. Utilize our Services. The LSMS has been working hard to provide products and services that impact your bottom line as a physician. Again, our goal is to provide you with professional services that reduce your expenses or increase your revenues. HealthSYNC is a physician-led health information network delivered in partnership between the LSMS and KONZA offering a suite of health information technology tools. HealthSYNC provides you with the tools necessary to: • Access patient information in a timely, secure manner • Improve care coordination and patient safety • Increase physician/patient communication • Engage patients through an online patient portal • Utilize patient panel and population health analytics in a meaningful way • Effectively transition to a value-based payment model • Support efforts to meet requirements for MIPS/APMs • Visit www.healthsyncla.com for more information. Our Multi-Employer 401K Plan (MEP) as you might infer from the name, is a 401k retirement savings plan that allows multiple physician practices the ability to consolidate their individual savings plans under one universal umbrella. A 401(k) MEP represents a cost-effective method for smaller businesses to have all the bells and whistles that large companies have in their 401(k) plans, at a competitive price. The primary benefits of participating in our MEP 401k are reduced costs, a shift of fiduciary liability, reduced administrative burdens, and a higher level of service for those employees who participate. By taking advantage of economies of scale, the overall costs of offering a 401(k) are often significantly reduced.
Visit https://myplanconnection.com/plansource-/lsms/why- join.htm to learn more.
The Advantage Physicians Healthcare Trust (APHT) was established by the Louisiana State Medical Society to deliver a LSMS sponsored health plan to our members and their employees which aims to save them approximately 10-15% annually. The plan application is currently under review by the Louisiana Department of Insurance, and we anticipate receiving final approval without undue delay. APHT is a multiple employer welfare arrangement or “MEWA” under ERISA and is an association-sponsored self-insured trust under Louisiana state law. Members of LSMS will be offered three different coverage options which are closely modeled after the most common plans utilized by customers of Blue Cross Blue Shield of Louisiana which will serve as the claims administrator of the plan. Please watch for an official announcement of approval after which we encourage all our members to apply for health care coverage through APHT so that we can grow and maintain this benefit for our membership for many years into the future. HELP US TAKE POLITICS OUT OF MEDICINE! SUPPORT LAMPAC
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