A thought on internal controls
nbsp Even with separation of duties, I find the lack of proper business oversight of internal practice controls astounding. In any position held with personal financial responsibility, you shouldn t... Read More >
Billing systems reports should collect more than dust
The clearest, most comprehensive final reports do little good tucked away in a filing cabinet. That s why billing and collection experts suggest regularly giving your receptionist an incoming call... Read More >
Survey your doctors and other healthcare professionals
Survey your physicians and allied healthcare providers to learn more about their perceptions of the practice. Like the one for staff, the physician survey allows physicians to think about and... Read More >
Keeping track of collections
To stay on top of collections and to improve your cash flow, send out statements on a regular basis, such as weekly or biweekly. Never hold the statements for more... Read More >
Physician slowing down – compensation issues
nbsp How many physician employment contracts contemplate reduced duties prior to retirement? Believe it or not, not as many you might think. The key is that exercising the slow down... Read More >
Physician practice strategic planning made easy
To make changes in your physician medical practice or any business for that matter you need an action plan. Creating an action plan doesn t need to be a long... 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 >
