Dear Doctor – How To Hire And Fire Your Attorney and Accountant
nbsp Here s the straight scoop on hiring an advisor, along with honest coaching on how to terminate an attorney or CPA relationship. There s no magic approach except to... Read More >
Example language for base salary plus incentive compensation based on single, stated threshold amount
This language may be used when, in addition to a base salary, a physician employee will receive incentive compensation in excess of an incentive threshold, which is a single, stated... Read More >
Internal Controls in a Medical Practice – Part II
nbsp Prenumber all patients encounter forms, or Superbills, and make sure they are accounted for on a daily basis Accounting for the Superbills i.e., charge tickets used daily generally is... Read More >
Internal Controls in a Medical Practice – Part I
nbsp Every medical practice must implement specific internal controls to protect it from revenue loss and potential employee embezzlement. Although there will never be a guarantee that employee embezzlement, fraud,... Read More >
Physician practice accounts receivable management – Part II
A good indicator of how well the office is collecting its accounts is the percentage of receivables that is more than days old. If the percentage is unusually high, something... Read More >
Physician practice accounts receivable management – Part I
You should look always be looking out to see if the accounts receivable are getting older. This is called bracket creep. If the accounts are getting older, the office may... 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 >
