nbsp Without a doubt, today s health care environment is in disarray. In many markets, reimbursement for clinical services to physicians has steadily decreased. Also, many managed care plans are... Read More >
I ve had several clients recently ask if their health insurance paid by their employer i.e. the medical practice will be taxable next year. In other words, will the value... Read More >
In case you missed it, the Centers For Medicare and Medicaid Services CMS has published the CY Proposed Medicare Physician Fee Schedule for public inspection. The Proposed Fee Schedule includes... Read More >
nbsp I know you ve read or heard this by now, but the Centers for Medicare amp Medicaid Services CMS is working with providers to address concerns about enrollment in... Read More >
nbsp It is important that billing and coding professionals who work with Fee-for-Service FFS providers have the timely and accurate information they need to properly bill the Medicare program. CMS... Read More >
Cash basis or accrual accounting? Learn which method suits your medical practice best for accurate financial tracking, improved cash flow, and long-term success. Read More >
Federal Trade Commission Chairman Jon Leibowitz recently gave a speech before the American Medical Association to address the FTC s position on the formation of accountable care organizations. As long... Read More >
Duane Morris Health Law Practice Group announced that an analysis and business treatment of the Patient Protection and Affordable Care Act of , otherwise known as the healthcare reform legislation,... Read More >
Another reminder the PECOS ordering referring physician deadline is right around the corner. You or your physicians must be listed in the database by July . Here is the link... Read More >
I was catching up on some reading and ran across the following Letter to the Editor of the publication I was reading With reference to your article on accountable care... Read More >
nbsp Tax Timeline in the Health Care Reform Act IRC Section Provisions Effective Date Adoption credit increased to , from , in , extended through and made refundable. after and... Read More >
In case you missed it, on April , , the U.S. Department of Justice and the Federal Trade Commission issued proposed revised Horizontal Merger Guidelines intended to inform companies and... Read More >
nbsp Medical practices can run a serious risk if its patients are not recalled for follow-up as required by medical protocols and just as important, also lose revenues. Practices can... Read More >
nbsp Each year the National Society of Certified Healthcare Business Consultants surveys its members and compiles a Statistics Report on Medical and Dental Income and Expense Averages. The report is... Read More >
Reporting and returning overpayments is now an obligation of providers and suppliers. As part of the enhanced program safeguarding provisions in the new Patient Protection and Affordable Care Act PPACA... Read More >
nbsp Beginning July th, your practice could experience Medicare claim rejection if your practice provider information isn t up-to-date in CMS s Provider Enrollment Chain Ownership System PECOS . You... Read More >
nbsp The U.S. Supreme Court on June agreed to review a federal appeals court decision that upheld Internal Revenue Service regulations that state that the stipends paid to medical residents... Read More >
nbsp One reason revenue is greater at the better-performing groups is physician productivity. Group success is credited to the quality care and strong work ethic of their physicians highly qualified,... Read More >
nbsp CMS has posted new FAQs about the ICD- implementation on its Web site. To access these FAQs, please visit the CMS ICD- Web page at http www.cms.gov ICD ,... Read More >
The Department of Justice has reached a settlement with the Idaho Orthopaedic Society, an orthopedic practice group and five orthopedists that will prohibit them from conspiring with competing physicians in... Read More >
nbsp Under HITECH, a business associate has the same responsibilities for breaches as the healthcare entity does, but it is the healthcare organization s responsibility to have an updated, signed... Read More >
nbsp The Agency for Healthcare Research amp Quality AHRQ recommends formulating personal goals before embarking on a product search, then dividing your goals into the following four categories Functionality features... Read More >
nbsp As changes continue to occur in the healthcare industry, physicians are taking a hard look at the numbers of a medical practice and gauging whether the year at hand... Read More >
There are a number of relatively simple strategies an organization can use to provide significant protection for its assets. Separate Entities. Consider creating a separate entity possibly a limited liability... Read More >
nbsp While not intended as a legal document, your personnel manual may have the force of an employment contract. Review it to be sure it won t cause unintended problems.... Read More >
HIRE Act Payroll Tax Exemption Following changes by the HIRE Act signed by President Obama on , employers hiring unemployed workers after and before may qualify for a . payroll... Read More >
nbsp One of the most problematic areas of medical practice valuation is establishing a clear understanding of the factors a valuator must assess in order to arrive at an appropriate... Read More >
nbsp If you haven t yet used electronic prescribing, there s no reason to wait. E-prescribing software is available free through the National ePrescribing Patient Safety Initiative NEPSI, at http... Read More >
nbsp How much is your practice worth? Often, it depends on who wants to know and why. Valuation professionals follow different methodologies tacks depending on whether a practice will be... Read More >
nbsp Under the new healthcare reform law, companies this includes medical practices with fewer than employees and average annual wages of less than , will be eligible for a credit... Read More >
Subscribe to my blog
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 >
