Medical Practice Accounts Receivable Statistics Administrators produce pounds of paper as part of the month-end close process. Typically, buried deep within these reports lies the key to Accounts Receivable AR... Read More >
Reviewing Medical Practice Reports There is a saying that I truly believe in and that is You can t manage what you don t measure. I find many physician offices... Read More >
Tax Security The IRS and its Security Summit partners recently held the annual National Tax Security Awareness Week. One of the key messages this year was even if someone doesn... Read More >
Cybercrime is a Risk Cybercrime is a constant concern in the online world which means everyone must be mindful of risks when they share devices, shop online and interact on... Read More >
November Edition of the Physician Advocate We are enjoyed stepping into the holiday season down here in Texas by celebrating Thanksgiving. November was a packed month, here is what was... Read More >
FAQs about Health Savings Accounts HSA Health savings accounts can be a potentially advantageous option for high-income earners considering tax-saving strategies. Planning for the future? Get to know more about... Read More >
Tips for Filing a Clean Claim Errors in physician billing are common. One of the most common errors is the failure to electronically file a clean claim. Sample Texas law... Read More >
Plan for a Profitable Medical Practice A successful medical practice no longer happens by chance. Profitable operations for any physician practice today demands planning, analysis, forethought, a defined direction and... Read More >
October Edition of the Physician Advocate Fall is in full swing here in Texas We hope you are enjoying the cooler temps and taking time to see the fall colors.... Read More >
Closing a Business Closing your business can be a difficult and challenging task. The IRS has resources that can help you navigate this. Below you ll find the steps you... Read More >
Physicians amp The False Claim Act The Department of Justice announced this month October that Colonial Family Practice, LLC, a physician-owned primary and urgent care practice with multiple clinics in... Read More >
Check Your Tax Withholding Now that we are in the last quarter of , now is a good time to check tax withholding. Life brings constant changes to individual financial... Read More >
Don t let Bad Business Practices Undermine Your Group Your medical practice or group works hard to settle on a sound market ing plan and your physicians pride themselves on... Read More >
September Edition of the Physician Advocate We head into Fall with the latest from the world of physician practices and taxes. Get caught up on the latest EHR optimization tips,... Read More >
Ransomware Resources for HIPAA Regulated Entities The HHS Office for Civil Rights OCR is sharing the following information to ensure that HIPAA regulated entities are aware of the resources available... Read More >
Optimization Tips Do you have a love-hate relationship with your electronic health record EHR software? Well, sometimes getting over the hump as they say- means tailoring it to your needs.... Read More >
Physician Practice Revenue Growth Medical practices today are essentially operating in a new environment. Today there are significant pressures and challenges to increase physician practice revenue growth and at least... Read More >
Terminating an Employed Physician The Fisher Phillips law firm has provided excellent steps if and when you ever have to terminate an employed physician. For those of us whose client... Read More >
August Edition of the Physician Advocate The last month of summer was a busy one As we head into Autumn, these important topics are on our mind The Monetary Life... Read More >
Home Sale Gain Exclusion The , , , if married home sale gain exclusion break is one of the great tax-saving opportunities. Unmarried homeowners can potentially exclude gains up to... Read More >
Medical Practice Valuation What is medical practice worth? It depends. And once you understand this fact, you can then begin to concentrate on how to get to the answer and... Read More >
Rock Star Employees Your physician practice rock star employees need some love. Here s how to get started. Praise Them For a long time, the highest praise I could offer,... Read More >
Physician Compliance Concerns Every word written or spoken in connection with a physician s practice presents the potential for risk. Based on my experiences, the following are two areas of... Read More >
Physician Practice Merger There is a myriad of strategic options for physicians who want to increase their capability to address and control what is occurring in today s healthcare market.... Read More >
July Edition of the Physician Advocate We love summer in Texas and it is flying by Be sure to take a break at least once before the seasons change again.... Read More >
This post is a collection of thoughts and observations about the physician finances, based on what I ve seen over my career working with just physicians. I m going to... Read More >
CMS Proposes Rule to Increase Price Transparency, Access to Care, Safety amp Health Equity CMS is proposing actions to address the health equity gap, ensure consumers have the information they... Read More >
Antitrust Takeaways for Physician Groups The Sheppard Mullin law firm provided insight that like other players in the healthcare industry, physician groups are facing increased antitrust scrutiny from the Biden... Read More >
Non-Financial Retirement Planning for Physicians Let s be frank Physicians often become so committed to their medical practices they don t take the time to think about retiring. And those... Read More >
June Edition of the Physician Advocate Summer has kicked off and we couldn t be more happy to be enjoying a true Texas Summer We hope you ve enjoyed a... Read More >
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