From the Americian Institute of Professional Bookkeepers www.aipb.org To avoid major penalties, audit your own practices to avoid these four common problems . Worker classification. You cannot avoid overtime pay... Read More >
As Hurricane Rita nears the Texas coastline, I wonder how many medical practices are prepared for any kind of a disaster, whether it be a hurricane, major power outage for... Read More >
Rapid growth in the intensity and utilization of Part B services in hospital outpatient services is a primary reason for a . increase in the monthly premium for Medicare Part... Read More >
Determining the right buy-in price is an inexact science. But applying one consultant s acid test can help you come up with the right price given your individual circumstances. This... 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 >
Recently Trailblazer Health Enterprises, the Medicare intermediary for Texas and other states sent out the following announcement Medicare Part B Do you have general questions and need quick answers? You... Read More >
An article in a recent issue of Medical Economics stated that the average interest rate for existing credit card accounts rose to . in April, , up from . a... Read More >
In response to the recent dramatic gas price increases, IRS has announced that the optional standard mileage rate has increased to . a mile for all business miles driven between... Read More >
From the September issue of the Practical Accountant magazine According to two recent retirement studies by Prudential Financial, Inc., in Americans feel rapidly rising healthcare costs are hurting their prospects... Read More >
Here are three steps to deal with the plan s requirements for members with limited English proficiency LEP Step Clarify legal obligations. Review the federal regulations and guidance to confirm... Read More >
During Physician Mergers Strategies for Evaluating Opportunities and Avoiding the Pitfalls, a -minute audioconference, on September at pm Eastern , expert speakers will tell you exactly what to consider when... Read More >
A survey report commissioned by the American Medical Group Association AMGA found that while compensation is rising for some specialties, many organizations are losing money. The AMGA s Medical Group... Read More >
Physicians now have more ancillary-service opportunities than before. You can legally operate and refer your own patients to a variety of in-house medical services. New technologies have reduced the cost,... Read More >
In a move to to educate its patients and tame medical spending, Aetna said it will disclose prices in advance for doctors visits, according to an August story in the... Read More >
On August , , the Centers for Medicare and Medicaid Services CMS released its most recent advisory opinion concerning the application of the Stark Law. In it, CMS stated that... 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 >
The following was recently published in Vinson Elkins www.velaw.com electronic healthcare newsletter STATUS OF NEW STARK RULE-On August , , the Office of Management and Budget received a proposed rule... 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 >
If your medical practice corporation has elected S status, this is for you IRS LAUNCHES STUDY OF S CORPORATION REPORTING COMPLIANCE IRS officials have announced the launch of a study... Read More >
Many physician shareholders in S corporations incur expenses out of their own pocket that do not get or have not yet been reimbursed by the corporation. If ordinary and necessary... Read More >
Master the art of managed care contracting and reap the revenue rewards with this book Managed Care amp Ambulatory Surgery Strategies for Contract Negotiation and Reimbursement gives ASC administrators, physician-owners,... Read More >
Customer service excellence will make your practice stand out in a competitive marketplace. To achieve maximum patient satisfaction, take the four following steps to move away from mediocrity and toward... 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 >
Looking for a good training program for your physician office staff, check out It s a Dog s World Program at http www.crmlearning.com its-a-dogs-world-program. The following is a description of... Read More >
It s a growing trend for providers to bill treatment of a member injured in an auto accident to the member s auto insurer before or instead of billing the... 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 >
Whether you directly measure it, every activity taking place in your practice has its own cost. Some are easy to identify others such as transcription, ordering tests, and attending meetings... Read More >
In an announcement this week from Medicare CMS Effective August , , CMS is suspending the current CAP vendor bidding process for which bids were previously due August , .... Read More >
nbsp 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.... 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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