nbsp Does your staff really knows what revenue cycle management means or is? I am constantly advocating the importance of training your entire staff to understand how their jobs functions... Read More >
Last year in my newsletter I wrote an article about new year resolutions for medical practices and their management. Well another year has gone by and I m still disappointed... Read More >
nbsp Physicians furnishing services to Medicare beneficiaries in areas designated as of December , by the Health Resources and Services Administration HRSA as primary care geographic Health Professional Shortage Areas... Read More >
nbsp How is the access to your medical providers? Good bad? Effiicient inefficient? Any problems related to physician access can and will lead to lost revenue. So access is one... Read More >
nbsp I recently stumbled on a very nice financial advice website for healthcare professionals http whitecoatinvestor.com . The website was started by Dr. Jim Dahle, a practicing, full-time, board-certified emergency... Read More >
What is a SWOT analysis? It is a situation analysis in which internal strengths and weaknesses of an organization, and external opportunities and threats faced by it are closely examined... Read More >
Another hospital decides to self-disclose possible Stark violations. The following are the violations disclosed Failing to satisfy the requirements of the physician recruitment exception for an arrangement with one physician... Read More >
nbsp Q . What is the medical device excise tax? A . Section of the Internal Revenue Code imposes an excise tax on the sale of certain medical devices by... Read More >
Create self-pay policy Create materials to clearly communicate policy to patients Consider policies for special circumstances Make reminder call in advance of appointment Confirm demographics Scan insurance cards Collect co-pays... Read More >
This document provides guidance about methods and approaches to achieve de-identification in accordance with the Health Insurance Portability and Accountability Act of HIPAA Privacy Rule. The guidance explains and answers... Read More >
nbsp You want to be sure you don t miss ancillaries, such as lab and X-rays. Rule , decide who s responsible for noting charges. If it s your physician... Read More >
The U.S. Department of Health and Human Services HHS Office of Inspector General OIG Work Plan for Fiscal Year Work Plan summarizes new and ongoing reviews and activities that OIG... Read More >
nbsp I was reading the Whidbey Island Hospital District s Stark and Anti-Kickback civil monetary settlement with the government and it s a classic example of sloppiness. The Office of... Read More >
nbsp A third percent of physicians plan to leave medicine within the next years, according to a report from staffing company Jackson Healthcare. The Medical Practice amp Attitude Report, based... Read More >
nbsp . Find, track, and account for all patient protected health information this is especially important if you carry PHI on iPhones, computers, and medical equipment. . Conduct a self-audit... Read More >
nbsp The American Medical Association AMA has released a new how-to manual to help physicians evaluate, negotiate, and manage budget-based payment systems that are becoming alternatives to the predominant fee-for-service... Read More >
As you probably know, collecting reimbursements is a critical component of your physician practice s revenue cycle, and in order to ensure peak financial performance, your practice will need to... Read More >
nbsp One of the most popular tax deductions for individuals is the one allowed for donations to charitable organizations from the local church or synagogue to the Red Cross and... Read More >
nbsp To Facilitate Forward Momentum Medical groups without a designated physician leader can do fine. However, most will just meander along without being at the top of their game. They... Read More >
nbsp To Enhance Teamwork Strong leadership allows the whole practice to function more effectively as a team. Even for practices with top-performing administrators, physicians need a peer leader to tend... Read More >
nbsp Here s one simple reason Solid leadership unlocks a practice s potential. It s possible to run a physician group practice without a designated leader, but the group probably... Read More >
I think most of us realize there is change afoot. While I think traditional fee-for-service billing will remain with us in to the future, there will be new reimbursement models.... Read More >
nbsp It is an observation that never ceases to be interesting Strategic planning plays a central role in the ongoing management and operation of the most successful medical practices. It... Read More >
A recent study published by the Journal of American Medical Association AMA reveals that violations of online professionalism are prevalent among physicians. In fact, of state medical boards have received... Read More >
So you want to form an ACO? Get ready to put in some serious capital. The data requirements for launching an accountable care organization will cost smaller ACOs more than... Read More >
nbsp Sometimes we need a wakeup call with regards to healthcare compliance. Remember we can choose to comply because we understand that it benefits us and others, or we can... Read More >
nbsp I m getting real anal about customer service. In my opinion most physician offices do a very average job with regard to customer service. Your physician base should be... Read More >
Sometimes the question is raised Should the administrators or office managers serve on the merger committee or merger team? My experience shows that it is not advisable to place them... Read More >
Many agreements provide that if a physician elects to leave the group they must provide certain notice to the group. This notice requirement applies in the event of retirement or... Read More >
The Critical Importance of Reviewing Valuation Formulas in Practice Agreements As you know, I ve preached for years about the importance of a periodic review of the provisions of the... Read More >
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