Sad to see when a physician practices closes without a transition strategy
Here is a letter I ran across recently written by a pediatric physician. It s sad to see when a doctor literally walks away from a practice he or she... Read More >
Part-time practice and voting participation in a physician group practice
A production-based compensation formula can usually take care of the pay issues involved with part-time work, but you still need to decide how much participation your group requires to merit... Read More >
3 Helpful Tips for Better Subsequent Hospital Care E/M Coding
nbsp Excellent article by Deborah Marsh at SuperCoder https www.supercoder.com Subsequent hospital care E M codes - have some oddities that can trip you up if you don t use... Read More >
Reminder you get 20% discount on Greenbranch Publishing’s healthcare publications
Greenbranch Publishing has kindly offered a discount on their products books, journals, and webinar recordings to my clients, blog readers, colleagues, and friends. All you have to do is use... Read More >
Practice resource – Financial Intelligence for Physician Practices 2018
I am always on the lookout for resource tools for my physician clients. Here is something you might be interested in taking a look at. Are you thriving in the... Read More >
Mastering Effective Patient Communication in Physician Practices
Effective patient communication is a cornerstone of successful physician practices. It s not just about conveying information it s about building relationships and trust. While many aspects of patient interactions... Read More >
What your patients are worrying about
Authored by Jim Turner, Easy Pay Solutions Worry is growing about the staggering costs of healthcare and unexpected medical bills. I read a study, column, or white paper on the... Read More >
Does your medical practice have a disaster plan?
Hurricanes Florence, Isaac and Olivia currently threaten several areas of the U.S., but most small businesses don t have a plan for if the storms affect them. A majority percent... Read More >
Billing for Four or More Simultaneous Anesthesia Procedures
nbsp Medicare has determined that providers are not routinely billing with modifiers AD and when performing more than four concurrent anesthesia procedures. Payment is allowed for three base units per... Read More >
CMS Provider Minute: Importance of Proper Documentation
Why is proper documentation important to you and your patients? Find out how it affects items services, claim payment, and medical review in the Provider Minute The Importance of Proper... Read More >
How special are you in a payer’s eye?
My physician clients often ask me for advice on how best to negotiate with managed care payers for improved reimbursement. My advice is typically the same if you want them... Read More >
No Will or Trust? Physicians, Like Celebrities, Risk Major Tax Fallout as a Result
Aretha Franklin is the latest example of celebrities who have died without a will or trust, leaving heirs to deal with a potential tax fallout that could have been avoided... Read More >
10 Compliance Questions to Include in your Exit Interview
Compliance Exit Interview Questions How effective was your training on the compliance program, Code of Conduct and policies? Were you trained on how to report concern and problems confidentially or... Read More >
Are you getting any coding education?
It s my opinion and experience that any investment you make coding education will yield a significant return on your investment. Various studies have estimated individual physicians can forego tens... Read More >
New Medicare Card Mailing Update: Wave 5 Starts, Wave 3 Ends
Medicare started mailing new Medicare cards to people with Medicare who live in Wave states Alabama, Florida, Georgia, North Carolina, and South Carolina. Medicare continues to mail new cards to... Read More >
Reminders from Medicare
Advance Care Planning Fact Sheet Revised A revised Advance Care Planning Fact Sheet is available. Learn about Beneficiary eligibility Provider and location eligibility Diagnosis requirements PECOS for Physicians and NPPs... Read More >
Recent healthcare data breaches
HealthIT Security reports the following SSM Health St. Mary s Hospital in Jefferson City, Missouri, reported to OCR on July that an improper disposal of paper medical records may have... Read More >
Physician’s Noncompete Invalid After Merger Dissent
Courtesy of lexology.com and author Mark Wiletsky https www.lexology.com author Mark B Wiletsky Are physician noncompete agreements enforceable? They can be, depending on the circumstances, though there are few reported... Read More >
First Snapshot of 2018 Qualifying APM Participant & MIPS APMs Data
The Centers for Medicare amp Medicaid Services CMS updated its Quality Payment Program Participation Status Tool to include Qualifying APM Participant QP and MIPS APM status. The tool has been... Read More >
Information on Medicare’s PECOS system
PECOS FAQs Booklet The PECOS FAQs Booklet is available. Learn about Required information for Provider Enrollment, Chain and Ownership System PECOS enrollment Application issues Revalidations PECOS for Provider and Supplier... Read More >
Texas allows Blue Cross Blue Shield to deny payments for some out-of-network ER visits
Blue Cross and Blue Shield of Texas will begin a controversial new program today in which it will not pay any expenses for an out-of-network emergency room visit if it... Read More >
NSCHBC free webinar – MACRA/MIPS Made Easy
A free webinar presented by the National Society of Certified Healthcare Business Consultants www.nschbc.org MACRA MIPS Made Easy Balancing Regulatory Compliance with Provider Efficiency Register for the NSCHBC free, -minute... Read More >
Top 5 Physician Malpractice Risks and How to Prevent Them
Malpractice lawsuits can be a daunting prospect for any physician, impacting not only their professional reputation but also their emotional well-being. Awareness and proactive management of common physician malpractice risks... Read More >
Keeping your physician practice employees off the web during work hours
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... Read More >
Tips to Boost Patient Satisfaction with your Medical Practice
Improve Patient Satisfaction Put Yourself in your Patient s Shoes When was the last time you or a mystery shopper walked in your practice s front door and saw your... Read More >
Consider this savings opportunity if a child or grandchild has a summer job
You can contribute to a Roth IRA for him or her up to , for , but not more than the child s earnings. Inside the Roth, earnings grow tax-free.... Read More >
Telehealth Services
nbsp The Centers for Medicare and Medicaid Services CMS defines telehealth services to include those services that require a face-to-face meeting with the patient. Reimbursement for these services was initiated... Read More >
Miscellaneous goings-on with Medicare/CMS
nbsp New Medicare Card Using Your MAC s MBI Look-Up Tool When you use the Medicare Administrative Contractor MAC secure portal Medicare Beneficiary Identifier MBI look-up tool, you must use... Read More >
Want to store medical practice documents in your garage and claim an office in home deduction? Think again.
While not a specific physician-related tax case, I can see similarities in the fact pattern should a physician ever want to store medical practice documents in his or her garage.... Read More >
How’s your offline and online physician practice reputation?
Your patient probably learned a thing or two about you online before stepping into your office. Or, if he or she couldn t find you online, that may have left... Read More >
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Accounting and Tax Services Litigation Support Managed Care Consulting Managed Care Contract Negotiations Medical Practice and Healthcare Entity Valuation Medical Practice Assessment Medical Practice Brokerage Medical Practice Embezzlement Consulting Medical Practice Management Medical Practice Merger Advice Medical Strategic Planning Newsletter Personal Financial Planning Oversight Physician Compensation Models Physician Compliance Physician Financial Management Services Retirement UncategorizedAbout Reed Tinsley, CPA
As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read More >
