Keep in Mind the Child and Dependent Care Credit this Summer
Day camps are common during the summer months. Many parents enroll their children in a day camp or pay for day care so they can work or look for work.... Read More >
Is your clinical physician office staff acting humanely with each and every patient?
So, is your clinical physician office staff and you doctor acting humanely with each and every patient that it treated in the office every day? Probably sometimes yes and probably... Read More >
CNN: HIPAA was not waived in Orlando as result of tragedy, and here’s why
On June , , CNN reported, In the aftermath of the deadly shooting at Pulse, an Orlando gay bar, family and friends of wounded victims sought all the information they... Read More >
Ober Kaler – The Final Overtime Rule – Is It Really that Simple?
The DOL has stated that it has updated the overtime regulations to simplify the identification of overtime-eligible workers, thus making it easier for employers and workers to understand and apply.... Read More >
Tax Court – Doctor Couldn’t Group Airplane and Medical Activities; Losses Disallowed
The Tax Court held that a doctor couldn t group his LLC, which held a personal airplane for use in flying to patients in rural areas, with his interests in... Read More >
Upcoming CMS National Training Program-Medicare Webinar Overview
June , pm ET This webinar provides the following An overview of the Medicare program A brief introduction to Medicaid, the Children s Health Insurance Program CHIP , and the... Read More >
New FLSA Overtime Rule Change: Resources from ADP
Now approved, the changes from the U.S. Department of Labor DOL to overtime rules under the Fair Labor Standards Act FLSA will increase the minimum salary requirements for white collar... Read More >
New Tools Clarify HIPAA Right to Access Health Info
Earlier this year, the HHS Office for Civil Rights OCR released comprehensive guidance on the right of individuals under the Health Insurance Portability and Accountability Act HIPAA to access and... Read More >
The Medicare PECOS for DMEPOS Suppliers Fact Sheet
The PECOS for DMEPOS Suppliers Fact Sheet is available. Learn about Medicare enrollment application submission options in the Provider Enrollment, Chain and Ownership System PECOS Individual and organizational Durable Medical... Read More >
The Future Of Medicare Physician Reimbursement
Just over a year after the Medicare Access and CHIP Reauthorization Act was signed into law, the U.S. Department of Health and Human Services recently unveiled the long-awaited proposed rule... Read More >
Importance of Updating Beneficiary Designations
Most of us have more than enough to do. We re on the go from early in the morning until well into the evening six or seven days a week.... Read More >
Medicare Coverage Indications, Limitations, & /or Medical Necessity
It is not appropriate to bill Medicare for services that are not covered as if they are covered. When billing for non-covered services, use the appropriate modifier. Compliance with the... Read More >
Billing collection issues to address in your medical practice
I m here at the annual meeting of the National Certified Healthcare Business Consultants www.nschbc.org in Palm Springs. Cindi Walker at Medicus Billing http www.medicusbillingconsulting.com reminded us of three simple... Read More >
If your physician office has less than 50 employees, hereโs how ACA affects you
Most employers have fewer than full-time employees or full-time equivalent employees and are not subject to the Affordable Care Act s employer shared responsibility provision. If an employer has fewer... Read More >
Ever receive a partnership interest in exchange for “sweat equity” (services)?
Value of Services Does Not Create Basis until Taxed The taxpayer, along with four other individuals, formed an LLC treated as a partnership for tax purposes. The taxpayer did not... Read More >
MACRA Listening Session: Quality Payment Program Proposed Rule โ Register Now
This is very important and the more information you can absorb about Medicare s movement to pay for quality, the better off your medical practice will be. The Medicare Access... Read More >
Dear physician, do you have a will?
I received the following email yesterday from the American Institute of CPAs and it s right on point. While not directed towards healthcare professionals specifically, we know that physicians are... Read More >
2015 Mid-Year QRURs Available
CMS released the Mid-Year Quality and Resource Use Reports MYQRURs to groups and solo practitioners nationwide. MYQRURs are for informational purposes only and will not affect your payments under the... Read More >
Financial difficulties do not excuse payroll tax penalties.
The taxpayer, a dietary supplement manufacturer, failed to deposit employment taxes, pay the taxes reported on its payroll tax returns, and timely file payroll tax returns. The IRS assessed penalties... Read More >
Some more advice on patient customer service
As I get older, I m paying more attention to the non-financial side of running a medical practice And one of those things is providing excellent patient customer service. Unfortunately... Read More >
New online tool to help with Medicare’s โincident-toโ rules
Want help in determining when a non-physician s service can be billed? Novitas Solutions, the Texas Medicare Administrative Contractor, has developed an interactive self-service tool to assist you in determining... Read More >
A few tax updates
IRS Disallows Wages Paid to Children The taxpayer, a mother of three young children, maintained a law practice as a sole proprietor. During summer school breaks, the taxpayer brought her... Read More >
Physician going from full time to part time status
One of the common struggles I often come across in private medical practices is what to do when a senior physician wants to go part-time. In busy practices, this issue... Read More >
HIPAA Phase 2 Audit: What To Do Now
Don t Forget these To Do Items Hopefully your organization has been following the regular updates from OCR on the HIPAA audit process. But in case you need a refresher,... Read More >
Improper disclosure of research participantsโ protected health information results in $3.9 million HIPAA settlement
Just keep in mind these issues that arise in a HIPAA complaint also can happen in ANY physician medical practice Feinstein Institute for Medical Research agreed to pay the U.S.... Read More >
It’s Tax Time – What You Should Know about Children with Investment Income
Special tax rules may apply to some children who receive investment income. The rules may affect the amount of tax and how to report the income. Here are five important... Read More >
HIPAA and requests from attorney’s
HIPAA s rules regarding access to records apply to requests from patients or their personal representatives. Just because an attorney is acting on a patient s behalf and is his... Read More >
2016 PQRS Educational Materials Available
Physician Quality Reporting System PQRS educational materials are available Implementation Guide on the How to Get Started webpage for individual eligible professionals and group practices Measures documents on the Measures... Read More >
A Primer On Negotiating Contracts for New Doctors
I think every doc owes it to himself to read a book on contracts preferably a specialty-specific one at the beginning of his final year of residency, and re-read it... Read More >
Here come the HIPAA audits – Are you ready?
After years of anticipation, federal regulators yesterday launched a new round of audits to gauge compliance with patient privacy provisions of the Health Insurance Portability and Accountability Act. The launch... Read More >
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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 >
