10 lessons learned about retirement
nbsp Richard Quinn January , The Humble Dollar FOR THE BETTER part of years, I spent a great deal of time helping thousands of workers prepare for retirement. We ran... Read More >
Be Accurate and Timely with Charges Posted
Revenue cycle management remains high on every medical practice s priority list. A critical point in the revenue cycle is ensuring that services rendered by the providers result in of... Read More >
New 2018 MIPS Data Submission Videos Now Available
CMS has a posted a series of videos to the QPP Resource Library to help clinicians understand how to manage and submit their Merit-based Incentive Payment System MIPS data through... Read More >
The MIPS 2018 Data Submission Period is Now Open
The Centers for Medicare amp Medicaid Services CMS has officially opened the data submission period for Merit-based Incentive Payment System MIPS eligible clinicians who participated in Year of the Quality... Read More >
Physicians and Non-Physician Practitioners: New Medicare Enrollment Application
CMS received approval for a new Medicare Enrollment Application for physicians and non-physician practitioners CMS- I dated . Many changes are minor the major ones reduce provider burden Eliminated reporting... Read More >
Here’s How Medical Documentation Can Help or Hurt for Reimbursement by TCI Supercoder
The CERT report estimates percent of Medicare improper payments were caused by insufficient medical documentation and this is an ongoing trend . More than half is nothing to sneeze at,... Read More >
HIPPA Security Risk Assessment Tool has been updated
The Office of the National Coordinator for Health Information Technology ONC recognizes that conducting a risk assessment can be a challenging task. That s why ONC, in collaboration with the... Read More >
Collect Copay at Time of Service to Save Money
Copay amounts are too small to warrant the cost of collection attempts after the time of service. The solution? Collect copay before the patient receives services Remember the following four... Read More >
Open Payments Data Update
On January , CMS updated the Open Payments dataset to reflect changes to the data that took place since the last publication in June . Use the Open Payments Search... Read More >
OIG’s Semiannual Report to Congress
The Office of Inspector General OIG of the Department of Health and Human Services has issued its Semiannual Report to Congress, which summarizes key program integrity efforts in fiscal year... Read More >
Miscellaneous Medicare details for your physician practice
nbsp Medicare Preventive Services Educational Tool Revised A revised Medicare Preventive Services Educational Tool is available. Learn about HCPCS CPT and ICD- Codes Who is covered Frequency What the beneficiary... Read More >
Are You Confused by Modifier 22?
Avoiding Modifier Abuse Guidelines for Healthcare Payers If you work for a healthcare payer and reimburse providers additional money for appending the modifier , you should be on the lookout... Read More >
Improving Profitability by Process Improvement
Learn actionable steps for process improvement to enhance operations, boost revenue, and deliver better patient care in your physician practice. Read More >
Haynesboone’s False Claims Act – 2018 Year in Review is out
The False Claims Act, U.S.C. et seq. FCA , continued to be a significant focus of government and whistleblower activity in . This Year in Review highlights several key developments,... Read More >
Year end practice review & comparison to benchmarks
As mentioned in my last post, now is the time to conduct a financial review of your practice s financial performance. You should compare performance to your numbers and to... Read More >
Year end physician practice management review
You should be looking at and comparing the following benchmarks to the prior year for the practice and if applicable, by provider, and to the national surveys. Is your practice... Read More >
Healthcare entity risk area
Business processes such as accounts payable, accounts receivable, payroll, and financial statement close are a standard part of day-to-day operations for healthcare organizations and generally are well-controlled. However, when significant... Read More >
Medicare’s Physician Compare Preview Period Extended to January 7
The Physician Compare preview period is extended to January at pm ET. Preview your Quality Payment Program performance information before it will appear on Physician Compare profile pages and in... Read More >
New 2019 QPP Resources on QPP.CMS.GOV
To help you prepare for the performance year of the Merit-based Incentive Payment System MIPS , CMS has posted the following new resources to the Quality Payment Program Resource Library.... Read More >
Medicare Diabetes Prevention Program: Become a Medicare Enrolled Supplier
Medicare pays Medicare Diabetes Prevention Program MDPP suppliers to furnish group-based intervention to at-risk Medicare beneficiaries Centers for Disease Control and Prevention CDC -approved National Diabetes Prevention Program curriculum Up... Read More >
Required Minimum Distribution Reminder
Taxpayers born before generally must receive Required Minimum Distribution RMD payments from their Individual Retirement Arrangements IRAs and workplace retirement plans including Section k , b , and b plans... Read More >
A revised Medicare’s MLN Catalog
A revised MLN Catalog – December 2018 is available. Learn about free: Products and services that can be downloaded Web-based training courses; some offer continuing education credits Helpful links, tools, and tips Read More >
Follow These Tips to Protect Data When Shopping Online
The IRS reminds holiday shoppers to protect their tax and financial data from identity thieves. All it takes is a few extra steps to prevent cybercriminals from stealing sensitive data,... Read More >
Issues related to health insurance for small physician medical practices
You ve probably asked your CPA Can I deduct my health insurance? or, How can I reimburse my employees for health insurance premiums without triggering tax consequences? For physician practice... Read More >
Medicare QRURs and PQRS Feedback Reports: Access Ends December 31
The final performance period for the Value Modifier and Physician Quality Reporting System PQRS programs was and the final payment adjustment year is . Quality and Resource Use Reports QRURs... Read More >
Florida contractor physicians’ group shares protected health information with unknown vendor without a business associate agreement
Advanced Care Hospitalists PL ACH has agreed to pay , to the Office for Civil Rights OCR of the U.S. Department of Health and Human Services HHS and to adopt... Read More >
Be sure to double-check your withholding & estimated taxes
The individual tax changes as a result of tax reform can cut both ways. You may be familiar with the major deductions you are losing, but might be less familiar... Read More >
Understanding Medicare: A Guide to Commonly Used Acronyms
A revised Medicare Basics Commonly Used Acronyms Educational Tool is available. Learn about Acronyms frequently used in Medicare publications Webpage references for certain acronyms Creating a personalized list of the... Read More >
Evaluation & Management Coding Changes Expected in 2019 and 2020
Excellent article by Healthcare Compliance Pros http www.healthcarecompliancepros.com On July th, the Centers for Medicare amp Medicaid Services CMS , released the Proposed Rule and made it available for comment.... Read More >
HIPAA physician practice violation to report
Allergy Associates of Hartford, P.C. Allergy Associates , has agreed to pay , to the Office for Civil Rights OCR at the U.S. Department of Health and Human Services HHS... Read More >
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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 >
