What safeguards should physicians who treat family members consider? Reasonably ensure the maintenance of relevant audit logs. Also, consider a regular review of patient charts for family members treated regularly.... Read More >
A colleague and I were discussing recently how we think physicians must have watched the cartoon series Southpark where school counselor Mr. Mackey tells the children about the evils of... Read More >
nbsp Thinking of starting a new medical practice and wondering where do I begin? Well the first step is to download the new practice start-up checklist from my website https... Read More >
nbsp Planning can ensure that your family and medical practice or any other healthcare entity business are protected. The long term survival of any business like a medical practice and... Read More >
nbsp Oftentimes a medical practice wants to know whether or not it should keep its books on the cash basis of accounting or the accrual basis of accounting. The answer... Read More >
Let s start off this Monday with something light. An individual founded a California nonprofit public benefit corporation to provide his sperm free of charge to women seeking to become... Read More >
nbsp Without a doubt, today s health care environment is in disarray. In many markets, reimbursement for clinical services to physicians has steadily decreased. Also, many managed care plans are... Read More >
I ve had several clients recently ask if their health insurance paid by their employer i.e. the medical practice will be taxable next year. In other words, will the value... Read More >
In case you missed it, the Centers For Medicare and Medicaid Services CMS has published the CY Proposed Medicare Physician Fee Schedule for public inspection. The Proposed Fee Schedule includes... Read More >
nbsp I know you ve read or heard this by now, but the Centers for Medicare amp Medicaid Services CMS is working with providers to address concerns about enrollment in... Read More >
nbsp It is important that billing and coding professionals who work with Fee-for-Service FFS providers have the timely and accurate information they need to properly bill the Medicare program. CMS... Read More >
Cash basis or accrual accounting? Learn which method suits your medical practice best for accurate financial tracking, improved cash flow, and long-term success. Read More >
Federal Trade Commission Chairman Jon Leibowitz recently gave a speech before the American Medical Association to address the FTC s position on the formation of accountable care organizations. As long... Read More >
Duane Morris Health Law Practice Group announced that an analysis and business treatment of the Patient Protection and Affordable Care Act of , otherwise known as the healthcare reform legislation,... Read More >
Another reminder the PECOS ordering referring physician deadline is right around the corner. You or your physicians must be listed in the database by July . Here is the link... Read More >
I was catching up on some reading and ran across the following Letter to the Editor of the publication I was reading With reference to your article on accountable care... Read More >
nbsp Tax Timeline in the Health Care Reform Act IRC Section Provisions Effective Date Adoption credit increased to , from , in , extended through and made refundable. after and... Read More >
In case you missed it, on April , , the U.S. Department of Justice and the Federal Trade Commission issued proposed revised Horizontal Merger Guidelines intended to inform companies and... Read More >
nbsp Medical practices can run a serious risk if its patients are not recalled for follow-up as required by medical protocols and just as important, also lose revenues. Practices can... Read More >
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 >
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