Medicare’s Physician Compare Update

November 8, 2017

Physician Compare 30-Day Preview Period Extended to 12/1 On October 18, CMS opened the 30-Day Preview Period for the 2016 performance information targeted to be publicly reported on Physician Compare starting in December 2017. The preview was scheduled to end on November 17 at 8pm ET. Due to a technical issue preventing the data from …

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Some thoughts on year end tax planning

November 7, 2017

Since tax changes are in the air (maybe), let me inject some reality with suggestion for year tax planning based on existing law and with the probability of no substantive changes occurring that will affect 2017 taxes. All planning starts with a projection. Prepare one now to see where you stand If you are eligible …

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Physician Fee Schedule Final Policy, Payment, and Quality Provisions for CY 2018

November 3, 2017

Yesterday CMS issued a final rule that includes updates to payment policies, payment rates, and quality provisions for services furnished under the Medicare Physician Fee Schedule (PFS) on or after January 1, 2018.  The overall update to payments under the PFS based on the finalized CY 2018 rates will be +0.41 percent. This update reflects …

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Medicare’s Physician Compare Preview Period Extended to December 1

November 2, 2017

Preview your 2016 performance information as it will appear on the Physician Compare website later this year. The preview period is extended to Friday, December 1 at 8 pm ET due to a technical issue that prevented the data from properly displaying in the Provider Quality Information Portal (PQIP); this display issue is now resolved. For …

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Free Webinar – The Other Face of HIPAA Compliance

November 1, 2017

Presented by the National Society of Certified Healthcare Business Consultants Attend a free, live 60-minute webinar which will focus on the non-IT portions of the HIPAA regulations that largely have been forgotten (and unintentionally ignored) with the implementation of the HITECH Act. Click here to register! Do you know the difference between PPI (Protected …

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Gaining From a Mandatory Compliance Program For Your Physician Practice

October 26, 2017

Section 6401(a) of the Patient Protection and Affordable Care Act, Obamacare, imposes a requirement — a mandatory requirement — that physician groups adopt compliance programs. These programs are not simply plans that you document, toss into a notebook and keep on a shelf — they must be living, breathing programs revisited on an ongoing basis. …

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IRS Releases 2018 Qualified Retirement Plan Amounts/Social Security Wage Base Increases

October 25, 2017

IRS Releases 2018 Qualified Retirement Plan Amounts:  The IRS published cost-of-living adjustments to various qualified retirement plans and related amounts for 2018. Many of the limits pertaining to pension and other retirement plans have changed. For instance, the (1) benefit limit for defined benefit plans has increased from $215,000 to $220,000; (2) defined contribution plan …

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Dear Doctor – Manage Your Online Reputation!

October 18, 2017

It’s no secret that people are going to the Internet when searching for a new healthcare provider; are you showing up (in the right ways) when they query in your region? A search can lead people to social media pages and review sites that have ratings and comments from past and present patients. It’s important …

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Cardiology practice settles 60-Day Overpayment case under the False Claims Act

October 17, 2017

From the Bricker & Eckler law firm On October 13, 2017, the U.S. Attorney’s Office for the Middle District of Florida announced a $448,000 settlement with the First Coast Cardiovascular Institute (First Coast) stemming from its alleged failure to report and return a $175,000 overpayment in a timely manner. Under the 60-Day Overpayment Rule, health …

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Money Talks: 10 Steps to Financial Harmony

October 16, 2017

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, says Olivia Mellan,1 money psychologist and author of Money Harmony. Follow Mellan’s 10 suggestions for successful conversations about money: Pick a low-stress time to …

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