nbsp Each year the National Society of Certified Healthcare Business Consultants surveys its members and compiles a Statistics Report on Medical and Dental Income and Expense Averages. The report is... Read More >
Reporting and returning overpayments is now an obligation of providers and suppliers. As part of the enhanced program safeguarding provisions in the new Patient Protection and Affordable Care Act PPACA... Read More >
nbsp Beginning July th, your practice could experience Medicare claim rejection if your practice provider information isn t up-to-date in CMS s Provider Enrollment Chain Ownership System PECOS . You... Read More >
nbsp The U.S. Supreme Court on June agreed to review a federal appeals court decision that upheld Internal Revenue Service regulations that state that the stipends paid to medical residents... Read More >
nbsp One reason revenue is greater at the better-performing groups is physician productivity. Group success is credited to the quality care and strong work ethic of their physicians highly qualified,... Read More >
nbsp CMS has posted new FAQs about the ICD- implementation on its Web site. To access these FAQs, please visit the CMS ICD- Web page at http www.cms.gov ICD ,... Read More >
The Department of Justice has reached a settlement with the Idaho Orthopaedic Society, an orthopedic practice group and five orthopedists that will prohibit them from conspiring with competing physicians in... Read More >
nbsp Under HITECH, a business associate has the same responsibilities for breaches as the healthcare entity does, but it is the healthcare organization s responsibility to have an updated, signed... Read More >
nbsp The Agency for Healthcare Research amp Quality AHRQ recommends formulating personal goals before embarking on a product search, then dividing your goals into the following four categories Functionality features... Read More >
nbsp As changes continue to occur in the healthcare industry, physicians are taking a hard look at the numbers of a medical practice and gauging whether the year at hand... Read More >
There are a number of relatively simple strategies an organization can use to provide significant protection for its assets. Separate Entities. Consider creating a separate entity possibly a limited liability... Read More >
nbsp While not intended as a legal document, your personnel manual may have the force of an employment contract. Review it to be sure it won t cause unintended problems.... Read More >
HIRE Act Payroll Tax Exemption Following changes by the HIRE Act signed by President Obama on , employers hiring unemployed workers after and before may qualify for a . payroll... Read More >
nbsp One of the most problematic areas of medical practice valuation is establishing a clear understanding of the factors a valuator must assess in order to arrive at an appropriate... Read More >
nbsp If you haven t yet used electronic prescribing, there s no reason to wait. E-prescribing software is available free through the National ePrescribing Patient Safety Initiative NEPSI, at http... Read More >
nbsp How much is your practice worth? Often, it depends on who wants to know and why. Valuation professionals follow different methodologies tacks depending on whether a practice will be... Read More >
nbsp Under the new healthcare reform law, companies this includes medical practices with fewer than employees and average annual wages of less than , will be eligible for a credit... Read More >
nbsp . The first order of business is to get a screaming patient away from other patients who are within ear shot.. An irate patient wants everyone to hear his... Read More >
nbsp Stay calm They might be angry, but they are angry at what s happened to them, not at you. Your frame of mind and demeanor can greatly influence the... Read More >
nbsp As listed below, there are logical, distinct steps in the strategic planning process. As you know, I am a vocal advocate that all physician practices, no matter how small,... Read More >
Following is a list of the highlights of the tax provisions and the employer responsibilities provisions included in the healthcare reform legislation. Soon no fewer than three federal agencies, the... Read More >
As a physician, you must also protect the source of your income the practice you ve worked so hard to establish and grow. Special policies, available from the same disability... Read More >
I know of many people who use tax preparation software, such as TurboTax, to prepare their own tax returns without the help of a tax professional . Mistakes do get... Read More >
nbsp A staff member recognizes an acquaintance, realizes the acquaintance is a patient, and shares this information with someone else. Has the staff member violated HIPAA? The answer is yes... Read More >
I’ve got nothing to do, so let’s read the healthcare reform bill. Enjoy. http://www.mediregs.com/files/1007-1/FINAL-PPACA-VOL1.pdf http://www.mediregs.com/files/1007-1/FINAL-PPACA-VOL2.pdf Read More >
Section of the health reform act adds an additional sentence to the in-office ancillary services exception contained in the Stark Law. This new provision requires that a physician referring a... Read More >
One of the issues in a recent Tax Court memo decision involved leased vehicle deductions on personally owned vehicles used by a dentist and his wife but claimed on the... Read More >
Among its many provisions, the newly signed Patient Protection and Affordable Care Act has imposed a new requirement on physicians who rely on the Stark In-Office Ancillary Services exception. Physicians... Read More >
Although debate continues on the most effective methods of promoting medical error disclosure, there is a general consensus that disclosure of medical errors can help promote patient safety and reduce... Read More >
Your group s compensation formula may be its most jealously guarded sacred cow. Whether sensible or not, it continues in place as long as members don t object. And your... Read More >
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