Addressing Decline Payer Reimbursement
Here is a recent email exchange between practice administrators First administrator I was in the dumps already since Aetna and BC BS of Texas alerted us least week of fee... Read More >
6 strategies to create a meaningful financial performance report
Contracting and financial managers must communicate their practice s performance by presenting data to a variety of audiences, including administrators, governing boards, and physicians. Following are some strategies for examining... Read More >
Out of network patients – collecting the money
Offer out-of-network patients a good prompt payment discount for payment at time of service then allow them to decide what to do. Unless they are in HMOs, these patients will... Read More >
Transitional discounts for out-of-network patients
nbsp If you have recently terminated a contract with an insurance carrier and now have become an out of network provider, how best to deal with your affected patients? Of... Read More >
The dreaded favored nations clause
nbsp While you are in the process of renegotiating your contract with a managed care carrier, they want you to sign an agreement that states that the rate being offered... Read More >
Exert control over a payer’s policies using these tactics
A typical payer contract requires the provider to abide by and comply with policies and procedures that the payer shall implement from time to time. In requiring providers to accommodate... 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 >
