Avoiding Costly Penalties Essential Audit Points for Managing Employee Pay and Classification From the Americian Institute of Professional Bookkeepers www.aipb.org To avoid major penalties, audit your own practices to avoid... Read More >
Disaster Preparedness for Medical Practices Protecting Records and Insurance As Hurricane Rita nears the Texas coastline, I wonder how many medical practices are prepared for any kind of a disaster,... Read More >
Medicare Part B Premium Increase Factors Behind the . Hike for Rapid growth in the intensity and utilization of Part B services in hospital outpatient services is a primary reason... Read More >
How to Determine the Right Buy-In Price for Your Practice Key Considerations Determining the right buy-in price is an inexact science. But applying one consultant s acid test can help... Read More >
According to the recent GAO report on the effects of concierge care on Medicare beneficiary care access, concierge care is an approach to medical practice in which physicians charge their... Read More >
New Email Service for Medicare Part B Inquiries from Trailblazer Health Enterprises Recently Trailblazer Health Enterprises, the Medicare intermediary for Texas and other states sent out the following announcement Medicare... Read More >
Credit Card Interest Rates on the Rise Key Insights and Financial Planning Tips An article in a recent issue of Medical Economics stated that the average interest rate for existing... Read More >
IRS Increases Standard Mileage Rates in Response to Rising Gas Prices In response to the recent dramatic gas price increases, IRS has announced that the optional standard mileage rate has... Read More >
How Rising Healthcare Costs Could Impact Your Retirement Planning From the September issue of the Practical Accountant magazine According to two recent retirement studies by Prudential Financial, Inc., in Americans... Read More >
Three Key Steps to Navigate Translation Service Requirements for LEP Patients Here are three steps to deal with the plan s requirements for members with limited English proficiency LEP Step... Read More >
Mastering Physician Mergers Key Strategies and Insights for Success During Physician Mergers Strategies for Evaluating Opportunities and Avoiding the Pitfalls, a -minute audioconference, on September at pm Eastern , expert... Read More >
Rising Compensation vs. Financial Losses in Medical Groups AMGA Survey Highlights A survey report commissioned by the American Medical Group Association AMGA found that while compensation is rising for some... Read More >
Considering Ancillary Services What You Need to Know Physicians now have more ancillary-service opportunities than before. You can legally operate and refer your own patients to a variety of in-house... Read More >
Aetna s New Program Offers Price Transparency for Medical Visits In a move to to educate its patients and tame medical spending, Aetna said it will disclose prices in advance... Read More >
CMS Advisory on Stark Law Physicians Stock Ownership On August , , the Centers for Medicare and Medicaid Services CMS released its most recent advisory opinion concerning the application of... Read More >
nbsp Simply put, you need to start a program of trying to renegotiate all of your managed care contracts I suggest doing them all at once . My viewpoint has... Read More >
Update New Stark Rule on Financial Relationships The following was recently published in Vinson Elkins www.velaw.com electronic healthcare newsletter STATUS OF NEW STARK RULE-On August , , the Office of... Read More >
The following is an excellent policy for daily posting reconciliation this was posted on one of the MGMA listservs last week Mail payments are sorted as commercial, Medicare, Medicaid, BCBS,... Read More >
IRS Launches Study of S Corporation Reporting Compliance If your medical practice corporation has elected S status, this is for you IRS LAUNCHES STUDY OF S CORPORATION REPORTING COMPLIANCE IRS... Read More >
Tax Court Ruling on Deductibility of Unreimbursed Business Expenses for S Corporation Shareholders Many physician shareholders in S corporations incur expenses out of their own pocket that do not get... Read More >
Master Managed Care Contracting and Reap the Revenue Rewards Master the art of managed care contracting and reap the revenue rewards with this book Managed Care amp Ambulatory Surgery Strategies... Read More >
Elevating Your Practice Through Customer Service Excellence Customer service excellence will make your practice stand out in a competitive marketplace. To achieve maximum patient satisfaction, take the four following steps... Read More >
Whats is the difference between an Office Manager and an Administrator? There was a thread in a recent MGMA listserv regarding salaries for an office manager versus one for an... Read More >
Elevate Your Physician Office Staff Training with It s a Dog s World Program Looking for a good training program for your physician office staff, check out It s a... Read More >
Avoid Payment Disputes Risks of Billing Auto Insurers First It s a growing trend for providers to bill treatment of a member injured in an auto accident to the member... Read More >
From Part B News www.partbnews.com The proposed physician fee schedule appears in next Monday s Federal Register. RBRVS FeeCalc gives you a preview of what s in the rule here,... Read More >
Hidden Costs in Medical Practice Management Whether you directly measure it, every activity taking place in your practice has its own cost. Some are easy to identify others such as... Read More >
Medicare CMS Suspends CAP Vendor Bidding Process for Review and Updates In an announcement this week from Medicare CMS Effective August , , CMS is suspending the current CAP vendor... Read More >
A Florida radiologist has been named as a defendant in a whistleblower lawsuit alleging Medicare fraud though improper lease arrangements, kickbacks, and upcoding. The lawsuit was brought against Dr. Fred... Read More >
From the August edition of the Houston Chronicle The federal government proposed on Monday reducing payments to doctors through Medicare by about . percent next year. The reduction is mandated... Read More >
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