Blog

October 18, 2018

The challenges of securing sensitive information which is stored electronically, has become extremely difficult in the face of legal requirements to do so, and every day there are new reports of data breaches in the health care sector. Few would argue that it is likely that this kind of threat will continue to grow. There …

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October 17, 2018

Over the last several years, hospitals have been acquiring specialty physician practices in response to a number of market forces. However, these types of acquisitions are not new to the American health care system and those who have been around long enough know that these arrangements can and badly. In my experience, one of the …

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October 15, 2018

You probably need to give employees access to the Internet so they can do their jobs, such as checking payer websites. But you might also worry that they’re wasting hours on non-work-related web surfing. However, there are many ways a practice can structure employees’ access to specific websites and technologies. For example, practices can install relatively inexpensive …

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Protect Your Patients from Influenza this Season

October 13, 2018

The Centers for Disease Control and Prevention (CDC) recommends annual influenza vaccination for everyone 6 months and older. Influenza is a serious health threat, especially to vulnerable populations like people 65 and older, who are at high risk for hospitalization and complications. Vaccinate before the end of October – to help protect your patients, your …

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Medicare Diabetes Prevention Program: New Covered Service

October 12, 2018

The 2019 Medicare & You Handbook includes information on the Medicare Diabetes Prevention Program (MDPP), a new Medicare-covered service. Help your patients prevent or delay Type 2 diabetes and understand their treatment options. For More Information: Review materials from the September 26 Medicare Learning Network call Become familiar with beneficiary eligibility criteria and coverage; screen …

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Ready to sell your medical practice?

October 10, 2018

Even if you are not considering selling your medical practice now, there are good reasons to maintain it in a condition to be sold.  For one thing,  healthcare reimbursement is subject to huge swings. Physician reimbursement in governmental payor programs continues to be a political football and, depending which side of the line the ball lands …

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Basic Steps to Handle a Patient’s Complaint With Your Physician Medical Practice

October 9, 2018

The saying “The customer is always right” holds true in medical practice, too. Just substitute the word “patient” for “customer.” With this in mind, your number-one concern and customer-service goal should be problem solving to meet the patient’s needs. Here are 10 steps to take whenever you or a staff member encounters a patient with …

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10 Steps to Financial Harmony

October 8, 2018

Physicians already have enough stress in their working lives without having to worry about finances at home. Talk openly and regularly with your spouse or partner about finances, acknowledging different styles. Follow these 10 suggestions for successful conversations about money: Pick a low-stress time to talk. Never broach this topic during a fight. List motivations …

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IRS says meals continue to be deductible

October 5, 2018

The IRS on Wednesday issued guidance clarifying that taxpayers may generally continue to deduct 50% of the food and beverage expenses associated with operating their trade or business, despite changes to the meal and entertainment expense deduction under Sec. 274 made by the tax law known as the Tax Cuts and Jobs Act (TCJA), P.L. …

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Reminder: New credit benefits physician practice employers who provide paid family and medical leave

October 3, 2018

Eligible employers who provide paid family and medical leave to their employees during tax years 2018 and 2019 might qualify for a new business tax credit. This new employer credit for family and medical leave is part of tax reform legislation passed in December 2017. To be eligible, an employer must: Have a written policy …

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