Blog

Dear New Doctor – Don’t Live at the Level of Your Income

February 2, 2018

Sometimes called “lifestyle creep,” this personal finance villain snares countless physicians, and it is especially prevalent among those whose incomes have recently jumped. Newly minted physicians are particularly susceptible. Lifestyle creep might covertly enter your post-medical school world as a few nicer things here and there … nothing too extravagant. The occasional nicer dinner with …

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New Medicare Card: When Will Your Medicare Patients Receive Their Cards?

February 1, 2018

Starting April 2018, CMS will begin mailing new Medicare cards to all people with Medicare on a flow basis, based on geographic location and other factors. Learn more about the Mailing Strategy.  Also starting April 2018, your patients will be able to check the status of card mailings in their area on Medicare.gov. For More …

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Physician Medical Group M&A Activity Drops in Q4 of 2017

January 30, 2018

Physician medical group M&A activity dropped in the fourth quarter of 2017 to 33 transactions, a 21% decline from the third quarter, according to new acquisition data from HealthCareMandA.com. However, the 33 transactions represented an 18% increase from the fourth quarter of 2016. The first quarter of 2017 represented the highest level of physician medical …

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5 Tips to Consider Prior to Posting on Social Media Sites

January 26, 2018

Excellent blog post by Healthcare Compliance Pros; If you have any questions, please feel free to contact them by phone toll-free at 855-427-0427 or send an email at support@healthcarecompliancepros.com. I highly endorse this Company for all of your compliance needs. It was not that long ago when an employee at the University of Cincinnati Medical Center was fired …

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Free webinar: Patient-Centered Approach to Achieve MACRA and MIPS Goals

January 25, 2018

Many organizations are working to figure out how to meet requirements for CMS’ new quality payment program under the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA). The reality is, the concepts in MACRA aren’t unique to clinicians who treat Medicare patients. Most public and private insurers are moving from a fee-for-service model, where …

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Deductibility of Meals and Entertainment Expenses After New Tax Law

January 23, 2018

2017 Expenses (Old Rules) 2018 Expenses (New Rules) Office Holiday Parties 100% deductible 100% deductible Entertaining Clients 50% deductible No deduction for entertainment expenses Event tickets, 50% deductible for face value of ticket; anything above face value is non-deductible Tickets to qualified charitable events are 100% deductible Business Meals e.g. Employee Travel Meals 50% deductible …

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QRUR Video Presentation Available

January 19, 2018

A video presentation is available for the October 19 webcast on the 2016 Annual Quality and Resource Use Reports (QRURs). This event provides an overview of the report and explains how to interpret and use the information. The Quality and  Resource Use Report (QRUR) shows how your payments under Medicare Part B fee-for-service (FFS) will …

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2018 Value Modifier Results and Payment Adjustment Factor

January 18, 2018

CMS announced the results of the 2018 Value Modifier and the adjustment factor that will be applied to clinicians receiving an upward payment adjustment. In 2018, over 20,000 clinicians will receive an increase of 6.6% to 19.9% on their Medicare physician fee schedule payments as a result of their high performance on quality and cost measures …

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OIG Reaffirms Permissibility of Certain Gainsharing Arrangements

January 17, 2018

From the Mintz Levin law firm: The Department of Health and Human Services Office of the Inspector General (OIG) has issued an Advisory Opinion (Opinion) in connection with a hospital’s gainsharing arrangement (Arrangement) with a designated group of neurosurgeons who perform spinal fusion surgeries at the hospital. According to the Opinion, the OIG would not …

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Total 2017 false claim settlements

January 15, 2018

The Department of Justice (DOJ) obtained $3.7 billion in False Claims Act (FCA) settlements and judgments in fiscal year (FY) 2017, with $2.4 billion coming from health care industry cases. The $2.4 billion amount includes only federal recoveries; additional funds were recovered for state Medicaid programs.  The largest health care industry recoveries in FY 2017– more …

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