4 Tips on Dealing with a “Problem Partner”
How to Deal with a Problem Partner Many physician groups suffer because of a member s deficiencies. The problem partner may have an explosive temper driving patients and referrers away.... Read More >
What You Need to Know about the Federal Pregnant Workers Fairness Act (PWFA)
Federal employment law is about to give birth to some long-overdue requirements. As of June , , employers with or more employees must provide pregnancy-related accommodations to employees and applicants... Read More >
A Lifetime’s Worth of Physician Financial Goals
Physician Financial Goals What are your financial goals? The answer to that question will change through life, but this handy guide can help you and your loved ones plan for... Read More >
Marketing Tips to Grow Patient Volume
Marketing tips to grow patient volume Note This article has been adapted from Provide The Path to Owning It s podcast episode six with Mike Shoun, president and CEO of... Read More >
Personal Emergency Preparedness Plan
Have a plan for your financial records People should put together an emergency preparedness plan for their household and include copies of their vital records and financial information. By creating... Read More >
4 Tips to Improve Communication With Your Patients
Communicating With Your Patients Physician and patient communication is at the heart of empowering positive outcomes. As payment models shift from payment for activity to payment for outcomes how to... Read More >
Three Retirement Planning Costs
Expenses Might Change in Retirement Some retirement expenses are easy to plan for. You ve probably considered how your healthcare needs may change, or whether living expenses may be higher... Read More >
Best Practices to Improve Revenue Cycle Performance
Best Practices to Improve Revenue Cycle Performance Are you collecting what you should from insurance companies? Is your office being managed as cost-effectively as possible? The key to answering yes... Read More >
The Difference Between 1099 Versus W-2 Classification
Versus W- Classification IRS worker classification remains a priority. The IRS continues to seek back payroll taxes and penalties from firms that wrongly treat workers as contractors. Unreported or underreported... Read More >
Retirement and Required Minimum Distributions
What you need to know about Required Minimum Distributions When individuals enter retirement, some forget about the required minimum distribution rules. Required Minimum Distributions RMDs are minimum amounts you must... Read More >
Collecting Patient Responsibility
Patient Responsibility Estimating and collecting patient responsibility is a challenging task. Not only must you collect money directly from your patients but also you need to ensure patient satisfaction that... Read More >
Five Ways to Make a Good First Impression With Patients
Tips to Wow Your Patients Here are a few tips that can make your team make a good first impression to wow your patients. Be Aware of Body Language Body... Read More >
Stop Procrastinating on Medical Billing Appeals
Eliminate Procrastination on Medical Billing Appeals So many busy people have to-do stacks on their work desks that hobble their productivity. But if your to-do stack is full of denials... Read More >
Strategies to Improve Physician Practice Collections
Effective Collections Strategy for Physician Practices Declining reimbursement, increasing deductibles and copayments, healthcare reform, rising accounts receivable, and slow paying patients. Sound familiar? Maximizing revenue is critical for small and... Read More >
5 Hard Questions You Need to Ask
Reflective Questions to Think Through Every Day I was thinking about hard questions the other day. You know, those questions people ask you where you can t give a right... Read More >
Strategic Planning โ Where is Your Ship Headed?
Chart Your Course with Strategic Planning The medical practice world is full of uncertainties. We can t keep up with the regulations, audits, reimbursement changes, compliance mandates, and so much... Read More >
From CARR- The Dangers of DIY Real Estate: Time and Money
Note This is a great blog post by CARR, who I consider to be the nation s leading provider of commercial real estate services for healthcare tenants and buyers. They... Read More >
HIPAA Breach Notification Deadline Approaching
Report HIPAA Breaches by Upcoming Deadline was a big year for HIPPA breaches, with large-scale breaches reported affecting , , patients. If your medical practice or healthcare entity suffered a... Read More >
Financial Pitfalls in the New Year
Watch out for these Financial Pitfalls in the New Year As people move through different stages of life, there are new financial opportunities and potential pitfalls around every corner. Here... Read More >
Another Look at Accountable Plans
Accountable Plans Owners and key employees sometimes pay for business-related expenses using personal funds and credit cards. Before the Tax Cuts and Jobs Act TCJA of , many employees and... Read More >
Medical Practice Merger: Is Bigger Really Better?
Why Is Your Practice Considering a Merger? Does the merger phrase bigger is better when it comes to private medical practices a true statement? This is a question I get... Read More >
Medical Practice Metrics and KPIs
Another View of Medical Practice Metrics With the advent of modern practice management software, there is no limit to the metrics data your practice can measure. Unlimited data, however, can... Read More >
November 2022 Newsletter
The November Edition of the Physician Advocate Autumn is here and the holidays are just around the corner. Stay ready for the end of the year with our latest newsletter... Read More >
Using a Portal to Communicate with your Patients
Success with Patient Portals Patient portals as a way of communicating with and to patients is now becoming more popular with patients portals and physicians. While patient portals require no... Read More >
Three Strategies for a Top Performing Medical Practice
Three Ways to Help Your Medical Practice Perform Better Back in September of , the Medical Group Management Association MGMA released their MGMA DataDive Better Performers and a corresponding analysis... Read More >
2023 401(k) and IRA Changes
k and IRA Changes The amount individuals can contribute to their k plans in will increase to , up from , for . The income ranges for determining eligibility to... Read More >
Beware of Third Parties Promoting Improper Employee Retention Credit (ERC) Claims
Be wary of Third Party Fraud Schemes The Internal Revenue Service is warning employers to be wary of third parties who are advising them to claim the Employee Retention Credit... Read More >
Everyday Medical Practice Must Do’s
Execute the Details of Your Practice Of course we are all looking for those innovative and new strategies that will change the course of our medical practice but the truth... Read More >
5 Ways to Enhance Employee Performance
Improve Employee Performance As a physician owner and or practice manager, you may feel overwhelmed with the sheer number and variety of tasks you must accomplish to keep all of... Read More >
Differentiation of the Patient Experience
Can a successful practice be achieved in the competitive medical field? Physicians and medical managers are being challenged with the changing economic climate, shrinking reimbursements and increasing costs of doing... 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 >
