Physician office front desk collections
Today, patients are responsible for much larger portions of their medical bills. Copayments are on the rise, as are coinsurance and deductibles. It s not a stretch to say that... Read More >
HIPAA – patient sign-in sheets or call out the names
nbsp Question May physician offices use patient sign-in sheets or call out the names of their patients in their waiting rooms? Answer Yes. Covered entities, such as physician s offices,... Read More >
Multi-Million Dollar Settlement in Halifax Stark Case
nbsp Facing as much as . billion in damages and civil penalties and having already spent more than million in legal fees, Halifax Hospital in Daytona Florida averted jury selection... Read More >
Years to partnership
Question In recruiting new doctor to our physician group medical practice, how many years before they should be eligible for partnership in the practice. Thanks Answer My recommendation is years... Read More >
Another word about physician practice mergers
Is bigger better when it comes to private medical practices? This is a question I get quite frequently from physicians who are considering whether to merge with other practices. In... Read More >
New and Updated FAQs for the EHR Incentive Programs Now Available by CMS
nbsp To keep you updated with information on the Medicare and Medicaid Electronic Health Record HER Incentive Programs, CMS has recently added four new FAQs and an updated FAQ to... Read More >
How Employees can File Whistleblower Complaints under ACA
nbsp Employees are protected from retaliation for reporting alleged violations of the Affordable Care Act s health coverage reforms Title I of the Act and for receiving a premium tax... Read More >
Affordable Care Act 90-day Waiting Period for Coverage
nbsp Beginning , the Affordable Care Act prohibits group health plans and group health insurance issuers from applying waiting periods exceeding days. Under newly issued final regulations , the phrase... Read More >
Are you guilty of “cut-and-paste” physician EHR documentation?
nbsp Federal officials say the cut-and-paste features common to electronic health records could invite fraudulent use of duplicated clinical notes and that there is a need to clamp down on... Read More >
Upcoming webinar on physician practice mergers
nbsp If you ve been reading my preachings of late, you know how much I m in favor of physician practices merging with one another. Merging with another medical practice... Read More >
HHS Releases Model of Notices of Privacy Practices in Spanish
Issuance of Spanish Model Notices of Privacy Practices A Spanish version of the Model Notices of Privacy Practices NPP has been issued by the U.S. Department of Health and Human... Read More >
The White Coat Investor: A Doctor’s Guide To Personal Finance And Investing
This is a new book I ran across written by a practicing emergency physician. It specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income... Read More >
What does its cost to start up an ACO
nbsp Startup costs for the Medicare Shared Saving Plan MSSP Accountable Care Organizations ACOs are higher than estimated by CMS but considerably lower than many other estimates, according to a... Read More >
HIPAA and patient sign in sheets
nbsp I often get the following question from physician offices May physician offices use patient sign-in sheets or call out the names of their patients in their waiting rooms? The... Read More >
Physican practices and Scribes
nbsp Has your medical practice thought about using a Scribe? I know of a rheumatology group medical practice in Arizona that has used Scribes for about months. While the goal... Read More >
Physician can’t deduct repayment of funds used for medical education
nbsp The Sixth Circuit has affirmed a district court decision that granted the government summary judgment on a doctor s claim that he was entitled to a business expense deduction... Read More >
FTC Wins Antitrust Challenge To Hospital Purchase of Physician Practice
nbsp An Idaho federal judge late last month found that St. Luke s Health System Ltd. s acquisition of a nearby independent physician practice violates the Clayton Act and the... Read More >
HHS strengthens patientsโ right to access lab test reports
nbsp As part of an ongoing effort to empower patients to be informed partners with their health care providers, the Department of Health and Human Services HHS has taken action... Read More >
Improve preventable denial rates in your physician practice
nbsp Having clear policies and processes for handling claim denials can improve the bottom line. Often denials are returned to the payer without identifying the reason for the denial. In... Read More >
ICD-10 Coding Basics MLN Connects Video
nbsp Are you ready to transition to Internal Classification of Diseases Tenth Revision ICD- on October , ? To help you prepare for the transition, CMS has released a new... Read More >
The invaluable role of a physician practice Administrator
nbsp What I think physicians need to hear regarding the invaluable role of an Administrator is . A physician cannot possibly, on his or her own, adequately handle HR issues.... Read More >
Ensuring physician medical records are accurate
Ensuring that medical records are accurate and complete is another compliance challenge for physician medical practices. Physicians must take steps toward implementing internal controls that evaluate and rate the quality... Read More >
January 2014 – Health Care Reform Developments
nbsp Individuals Covered under the Temporary High-risk Pool Program The Affordable Care Act created a high-risk pool program to provide health insurance coverage for certain individuals with a pre-existing condition.... Read More >
“Stark” reality setting in with physician-hospital relationships
nbsp As you probably know, the government has been ramping up enforcement especially regarding Stark Law compliance issues. For example, according to the U.S. Department of Health and Human Services... Read More >
Confirming Patient Coverage in a Health Insurance Marketplace Plan
nbsp It is the beginning of the New Year and you ll be verifying your patient s insurance status when they show up in your office. With the beginning of... Read More >
This is what happens when you don’t keep physician contracts current
nbsp In my last blog post, I mentioned the important of reviewing and updating all physician contracts. A recent Texas case emphasizes my point. For those not practicing in Texas,... Read More >
Time to review physician contracts?
nbsp I have a client who unfortunately might be headed towards litigation with a physician shareholder who left the group recently. The litigation issue revolves around the covenant not to... Read More >
Medicare Recovery Audit: Annual Wellness Visit
Understanding Beneficiary Designation Medicare pays for an initial Annual Wellness Visit AWV , per beneficiary per lifetime. All subsequent wellness visits must be billed as a subsequent Annual Wellness Visit... Read More >
Another comment on patient satisfaction
nbsp I was reading a local magazine the other night and there was an article on how to choose a dentist. There was a sidebar with the title Listen to... Read More >
Always Negotiate an Unwind Clause in Hospital-Physician Employment Arrangements
Hospital-physician acquisition of medical practices continues at a furious pace. Unfortunately, no one knows for certain whether physician employment by hospitals is the key to better or more cost-effective care.... 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 >
