Upcoming Stark Law update seminar
Phase III of Stark II is here. You need to know how to comply with these new rules. In addition, CMS has released additional proposed changes to the Stark Law... Read More >
NPI data to be available on Sept. 4
From the Medical Group Management Association www.mgma.com The Centers for Medicare amp Medicaid Services CMS will make available to the public on Sept. National Provider Identifier NPI data that are... Read More >
Federal court allows collaboration on CPT codes
The American Medical News , Sorrel reports, Organized medicine scored a legal victory in a decision physicians say upholds the CPT current procedural terminology coding process and protects medical societies... Read More >
Assess the practice market
Before evaluating existing managed care agreements or entering into new ones, be armed and ready with information about your practice. Gather a minimum of months of practice utilization data. Obtain... Read More >
PROBLEM EMPLOYEES: HOW TO COUNSEL THEM
nbsp Sign up today at http conference.mpmnetwork.com PROBLEM EMPLOYEES HOW TO COUNSEL THEM or HOW TO FIRE THEM Your staff forms the backbone of your organization, and having the right... Read More >
Former Compliance Officer Alleges Hospital Chain Paid for Referrals
A former chief compliance officer for IASIS Healthcare Corp. has accused the hospital chain of engaging in illegal deals with physicians in a false claims lawsuit filed on behalf of... Read More >
Don’t promise partnership as an automatic physician right
Competition for good candidates forces many practices to reduce the time to partnership. The typical two-year wait is dangerously short already that s not much time to evaluate a new... Read More >
CMS has posted the Stark III regulations
CMS has posted the Stark III regulations. The regulations will be published in the federal register next week September or they can currently be downloaded from the CMS website http... Read More >
Reward your physician leader
Medical groups of all sizes recognize the importance of of a physician-managerial role in their practice. Consider the following approaches to reward your physician leader Reduce clinical time demands, perhaps... Read More >
Putting a drug store in a physician’s office??
Three out of four patients would buy their prescriptions from a pharmacy in a doctor s office if they could. Notes the ever-outspoken and always well-spoken pharmagossiper, Physicians are missing... Read More >
Track referrals, test results, and consultations
Failure to document a referral and the reason for the referral is all too often a subject of litigation. Courts often ask, Who had the responsibility for the evaluation and... Read More >
Physicians out of network – checks going to the patient
A client recently received a letter from Unitedhealthcare stating that effective Sept , we are making changes in the way we direct claims payments for services rendered by non-network care... Read More >
Physician practice marketing seminar available
The business of medicine is more competitive than ever, yet marketing in medical practices is the exception, not the rule. Few other businesses would consider operating without marketing. We are... Read More >
Home health to get increase in Medicare rates
The CMS in a final rule will increase Medicare payments for home health agencies by in , resulting in million in additional payments next year. Those agencies that don t... Read More >
Uniforms or not, your physician practice needs a dress code
Although everyone s interpretation of professional differs, you need a clear dress code policy in your office. It doesn t matter whether your staff wears uniforms or street clothes to... Read More >
Physicians Moving to Mid-Sized, Single-Specialty Practices
The proportion of physicians in solo and two-physician practices decreased significantly from . percent to . percent between - and - , according to a national study from the Center... Read More >
Imaging Providers Face Additional Medicare Cuts
nbsp Diagnostic imaging providers could be hit with additional Medicare cuts under a bill approved by the U.S. House of Representatives August . Medicare currently pays less for additional adjacent... Read More >
Create a checklist to help a newly recruited physician
You must address both large and small details before your new doctor can effectively and productively see patients. For instance, without a license to practice medicine, the physician cannot treat... Read More >
Keep an eye on internal and external salary trends
Knowing how much other practices pay their employees can help you make better decisions about employee wages and benefits. Tracking how your salaries change, and why, can help you determine... Read More >
Upcoming seminar: Physician Agreements & Ventures
nbsp Physicians Agreements amp Ventures Conference November , Not so long ago physician group transactions were relatively easy to do. Now, in order to stay out of trouble, due diligence... Read More >
Independent Contractor vs. Employee
nbsp To determine whether a worker is an independent contractor or an employee under common law, you must examine the relationship between the worker and the business. All evidence of... Read More >
House approves Medicare payment changes
From the Medical Group Management Association www.mgma.com On Wednesday, August , the House of Representatives voted - to approve H.R. , the Children s Health and Medicare Protection Act CHAMP... Read More >
Physician office patient appointment messages
The PAM is a computer system that makes telephone calls to deliver patient appointment reminders, recall reminders and other messages automatically something you might want to check out http www.pam... Read More >
Onsite physician clinic at a big employer
In last week s issue of Texas Healthflash, it was mentioned that Mustang Engineering had established an onsite health clinic for its employees. Company officials stated that the clinic was... Read More >
Consider adding a sub-waiting area to improve turnaround time
Add a secondary waiting area to speed up turnaround time Staff spend a lot of time escorting patients to and from exam rooms, and this process can be very slow,... Read More >
Medical records may hurt you in court
The medical record may be less reliable than we think it is. Anyone who contacts a patient can write in their record. Such people could include physicians with years of... Read More >
More Stark III analysis for Scott Becker
There are nine issues to worry about in CMS s recently published proposed rule and call for comments on the Stark Law. These proposed Stark III Rules would to tighten... Read More >
Have physicians hit the income wall?
Of course they have or they are about too . . This is why I m predicting you ll be seeing a wave of physician practice mergers within the next... Read More >
Ancillary entities: Be sure to update buy-in/payout agreements
You should make a habit of reviewing employment and shareholder agreements in your group medical practice every year. The same holds true for any ancillary entities. It s critical to... Read More >
Prepare a market analysis to market physician services
Market analysis is extremely important in helping you with your practice s marketing efforts. Your local chamber of commerce and hospital marketing department can be good resources to use when... 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 >
