CME OnDemand: 2024 Pre-Meeting Course - The Opportunities and Challenges of Workers' Compensation-Session 3

Video Transcription

Video Summary

The transcript provided is an extensive walk-through of a work comp and IME (Independent Medical Examination) session at a conference. Key elements include the presentation of practical and financial aspects of integrating IME and workers comp into a clinical practice, guidelines for conducting effective IMEs, tips for dealing with depositions, and advice on managing the legal and financial aspects.<br /><br />The afternoon session begins with announcements about session evaluations, CME claiming, and a welcome reception. Dr. Walter Hembree then gives a detailed talk on Complex Regional Pain Syndrome (CRPS) and pain syndromes, focusing on their relevance in workers' compensation cases and medical examinations.<br /><br />Following this, Brad Brainerd discusses the sixth edition of the AMA Guides to the Evaluation of Permanent Impairment, emphasizing the diagnosis-based impairment system, financial aspects of work comp, and impairment ratings specifically for lower extremity issues. He also addresses alternatives like range of motion, amputation, and nerve deficit ratings.<br /><br />A practical exposure to deposition follows with Dr. Gary Stewart as the deponent, Brad Brainerd as the opposing lawyer, and Bill McVisk providing additional professional insights remotely. The mock deposition showcases how to handle questions about credentials, case details, and challenges related to legal proceedings.<br /><br />Dr. Selene Parekh then provides guidance on integrating workers comp into a medical practice, discussing readiness, financial planning, marketing strategies, setting legal fee schedules, and the significant impacts of IMEs on practice revenue. <br /><br />The session concludes with encouragement for physicians to consider workers comp and IME work as a means to diversify income and potentially ease into a reduced clinical workload while ensuring compliance with state regulations and maximizing financial benefits through strategic planning and setting up an LLC or an S Corp for tax advantages and retirement savings. <br /><br />The content also underscores the importance of maintaining motivation and establishing effective communication and compliance systems within the practice to manage the additional complexities that work comp and IME cases introduce.

Asset Subtitle

Symposium 3

Pain Perspectives: Treating CRPS and Pain Syndromes in Worker's Comp
Walter C. Hembree, MD

The Impairment Rating in Foot and Ankle Surgery
Bradley J. Brainard, MD

What to Expect If You Are Deposed (Live Demonstration)
William K. McVisk; Gary W. Stewart, MD

Unlocking Revenue Potential: Finances and Logistics of Participating in the Comp System
Selene G. Parekh, MD, MBA

Questions/Discussion

Keywords

work comp

IME

Independent Medical Examination

clinical practice

financial aspects

depositions

legal management

Complex Regional Pain Syndrome

CRPS

AMA Guides

permanent impairment

lower extremity issues

deposition techniques

practice revenue

tax advantages