nbsp The Centers for Medicare amp Medicaid Services CMS has identified a problem where claims were not automatically crossing over to supplemental payers even though the provider remittance advice indicated... Read More >
Is there a HIPAA standard for the retention of medical records and billing information? The HIPAA privacy rule does not provide specific requirements for the retention of medical or billing... Read More >
Email is becoming a frequent way to communicate with patients. However, you must concern yourself with HIPAA s privacy issues. Your office policy should state that patients must first give... Read More >
nbsp The Centers for Medicare amp Medicaid Services CMS is revising the section of the Medicare Claims Processing Manual to implement changes to CFR section . that were made in... Read More >
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 >
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 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 >
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 >
nbsp Below is a summary of some of the key tax provisions that may apply to your tax return. Prepared by my friends at Briggs Veselka, a CPA firm located... Read More >
Sometimes bad habits are fairly innocuous. However in the workplace, they can ruin a career and disrupt internal business. The January issue of the Journal of Accountancy www.journalofaccountancy.com listed work... Read More >
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 >
nbsp When it comes to estate planning, I have found that many wealthy families don t worry whether there will be enough money for the kids but whether the kids... Read More >
nbsp This year will be a pivotal one for retirement planning, as it will be the first year in which taxpayers will be able to convert funds in regular IRAs... Read More >
nbsp The term small providers originates in the Administrative Simplification Compliance Act ASCA , the law which requires those providers submitters who bill Medicare to submit only electronic claims to... Read More >
I recently finished reading Don Lowman s book Closing the Engagement Gap, which is based on a study of , employees around the globe. Great companies i.e your medical practice... Read More >
The Senate and the House have approved H.R. , a bill to accelerate the income tax benefits for charitable cash contributions for the relief of victims of the earthquake in... Read More >
nbsp Back in , President Bush introduced Health Savings Accounts HSA . Only individuals or families covered under a high-deductible health insurance plan during the year are eligible to contribute... Read More >
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 >
Learn about "Under Arrangements" in healthcareโagreements between hospitals and physician-owned entities. Understand Stark Law implications, compliance, and restructuring options. Read More >
Here are a few suggestions for a simple strategic planning meeting one usually without an outside facilitator even though I don t recommend this . This format works especially well... Read More >
An employee with an employer-provided cell phone receives a nontaxable working condition fringe benefit to the extent he or she uses the phone for business purposes, and the cell phone... Read More >
Faced with economic uncertainty and financial woes, doctors in private practice are increasingly turning to hospitals for employment. I m hearing more and more of this activity in the past... Read More >
With the rollout of the Recovery Audit Contractor RAC audit program in full swing, physicians should be paying close attention to their medical record documentation efforts. One of the Medicare... Read More >
nbsp IRS Commissioner Doug Shulman offered taxpayers the following recommendations when selecting a tax return preparer avoid preparers who claim they can obtain larger refunds than others or who base... Read More >
nbsp Course listings Click here for details on each course or call - , ext. , for more information Employee Training Courses Basic OSHA Training Dental OSHA Training Ergonomics Fire... Read More >
nbsp Any compliance plan in a physician s office has three objectives Prevent, Detect, and Correct. Critical to any plan are staff requirements for reporting any coding or billing compliance... Read More >
nbsp Do any of you have a strategic five ten year plan? You should hold physician retreats annually and plan into the future even if you are solo practitioner. The... Read More >
nbsp What advice would I give for ways to reduce payment denials? Start simply but right away by implementing a simple system such as the following Flag all denied charges,... Read More >
Physician Mergers Opportunities, dealing with present marketplace conditions or looking to the future has prompted many physicians to explore merging their practices with other physicians or even sell out to... Read More >
Looking for a system for phone call reminders to your physician office patients? If so, you might want to check out Inphonite s ReminderPro which is a hardware software package... Read More >
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