Blog

August 16, 2017

Ensure that units of drugs or biologicals administered to patients are accurately reported in dosage/units specified in the Healthcare Common Procedure Coding System (HCPCS) code descriptor. Before submitting, review the complete long descriptors for the appropriate HCPCS code. The short descriptors are limited to 28 characters so they do not always capture the complete description …

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August 9, 2017

Revenue cycle management is a fifty-cent phrase for making sure your medical practice is paid for the care it provides.  One obstacle to getting paid is claim denials.  Practices can and must eliminate all denials resulting from practice error in the claims process. The first step in the process is to measure the practice’s baseline …

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August 8, 2017

Do any of you remember fondly the days of the handwritten appointment book, with the patient’s name, phone number and brief description of the reason for the visit “penciled” into the book?  And then not so fondly, sharing the book with other front desk staff or the nurse?  All patient appointments require full registration in …

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Are You Reporting Changes in Practice Ownership to Medicare?

August 3, 2017

A 2016 Office of the Inspector General (OIG) report noted that providers may not be informing CMS of ownership changes. Providers must update their enrollment information to reflect changes in ownership within 30 days. Owners are individuals or corporations with a 5 percent or more ownership or controlling interest. Failure to comply could result in …

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Now is a Good Time To Review Your IRS Income Tax Withholding

August 2, 2017

The Internal Revenue Service is encouraging taxpayers to consider checking their tax withholding, keeping in mind several factors that could affect potential refunds or taxes they may owe in 2018. Reviewing the amount of taxes withheld can help taxpayers avoid having too much or too little federal income tax taken from their paychecks. Having the …

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Renewed Version of Medicare Advance Beneficiary Notice of Noncoverage (ABN)

August 1, 2017

An Advance Beneficiary Notice (ABN), Form CMS-R-131, is a written notice which a physician, provider, or supplier gives to a Medicare beneficiary before items or services are furnished when the physician, provider (including independent laboratories, home health agencies, and hospices), or supplier believes that Medicare probably or certainly will not pay for some or all …

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Collection tips for a physician practice

July 27, 2017

Collect patient due amounts before and during the service Patient due balances account for 30% of receivables in many physician offices, and the proportion of patient due balances is growing as patients have higher deductible plans. Besides collecting co-pays at the time of service, collect past due patient amounts.  Have a script and a policy …

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HHS unveils improved web tool to highlight recent breaches of health information

July 25, 2017

The U.S. Department of Health and Human Services (HHS), Office for Civil Rights (OCR) today launched a revised web tool that puts important information into the hands of individuals, empowering them to better identify recent breaches of health information and to learn how all breaches of health information are investigated and successfully resolved.  The HIPAA …

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NEW Thriving Solo Family Medical Practice For Sale – Seabrook Texas

July 20, 2017

Thriving solo family medical practice for sale in Seabrook, Texas near Clear Lake and Space Center Houston, the Official Visitor Center of NASA Johnson Space Center. Hospitals are located within 5-10 minutes of the medical practice office location. The trained staff will remain in place. Seller is willing to stay and assist during transition. Substantial growth …

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Is your medical practice getting signed BBA’s?

July 19, 2017

When physicians and other providers who are “covered entities” share protected health information (“PHI”) with a third party, there is always the need to assure compliance with the Health Insurance Portability and Accountability Act (HIPAA) by executing a business associate agreement (BAA).  In my experience, I find that most providers understand a business associate to …

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