10 Big Ideas That Could Make Your Practice Better
Understand the value of half a day s work. Let staff members share a job. Ask, What does my waiting room say about me? Create a medical home in your... Read More >
Monitor your answering service to ensure quality customer service
Keep in mind that patients perceive your answering service as an extension of your staff. Stay personally aware of your service s reliability and courtesy by regularly telephoning it yourself.... Read More >
What does the physician referral law prohibit?
nbsp The physician referral law section of the Social Security Act prohibits a physician from referring patients to an entity for a designated health service DHS , if the physician... Read More >
Current Physician Recruiting Trends
The following comes from Jeffrey Sisk, President CEO of PhysicianWork.com I have had the opportunity to talk with a large number of physician recruiters over the last few weeks about... Read More >
Red flag rule postponed again
nbsp As you have probably already heard, the FTC is delaying enforcement of the Red Flags Rule until November , to give small business es and other entities more time... Read More >
What You Can Learn From Michael Jackson
Lessons From Michael Jackson Simple A very important lesson on estate planning. I saw this article by Neal Frankle, CFP in the AICPA Wealth Management Insider newsletter and thought it... Read More >
Working patient pay accounts
nbsp As a practice administrator, you should make a point every months or so to work patient balance accounts. This allows you a chance to speak personally with patients and... Read More >
FTC Commissioner Gives Speech on Clinical Integration
From the American Health Lawyers Association to join, go to www.healthlawyers.org On April , , Federal Trade Commissioner FTC Commissioner Pamela Jones Harbour gave a speech on clinical integration at... Read More >
What it takes to successfully implement EMR
nbsp A large part of success failure is that someone of authority in the practice has to take accountability to direct all the physicians that EMR is either go no... Read More >
Tips to Get Your Business Associates to Comply with HIPAA
nbsp Reproduced from name of publication HCPro, Inc., Hoods Lane, Marblehead, MA . - . www.hcpro.com. Used with permission. nbsp Your business associates BAs must comply with the HIPAA Security... Read More >
Reminder: Support Your Auto Expenses
nbsp Auto expenses are a very common deduction for business owners and employees who must travel. Often the taxpayer does not know the exact amounts necessary to calculate the proper... Read More >
Make sure getting off call schedule is addressed
nbsp Make sure your physician employment agreements address when a physician can request to be removed from the call schedule and any related reductions to his or her compensation. Most... Read More >
Estate Planning for 2009 and beyond
nbsp With the estate tax uncertain and changing over the next years, you should try to avoid the estate tax regime altogether by making tax-free transfers out of your estate.... Read More >
Be flexible with office hours
Except for tradition, there s little logic in physicians insisting on certain office hours. Even hospital rounds can be balanced between morning and afternoon to permit balanced office usage. What... Read More >
Educate patients on HIPAA rights
nbsp Reproduced from name of publication HCPro, Inc., Hoods Lane, Marblehead, MA . - . www.hcpro.com. Used with permission. nbsp You can change your physician practice s stance regarding patient... Read More >
“Organization” providers and NPI
nbsp What types of business structures are considered organization health care providers and thus eligible for organization NPIs? What types are not? The final NPI rule defines organization health care... Read More >
Striking with speed โ Feds go after Medicare fraud
nbsp Using cutting-edge technology, the strike force can identify Medicare irregularities at unprecedented speeds, completing in days what used to take months. The strike force harnesses resources from the Justice... Read More >
Keep physician movement in mind to maximize productivity
Though staff efficiency helps you maximize your per hour patient rate, don t over-emphasize staff movement. Orient your redesign remodel to minimize physician-not staff-movement and hence maximize the physician patient... Read More >
Getting creative on the job
I found this great list of Simple, Low-Cost, Soulful Ways to Be More Creative on the Job and wanted to share it with you. Next time you re stuck, pick... Read More >
CMS FACT SHEET LAYS OUT STIMULUS WORK
nbsp A fact sheet recently posted on the Centers for Medicare and Medicaid Services Web site explains steps that federal officials will take over the next year to implement the... Read More >
Summertime Tax Tips
The IRS will publish three tax tips per week this summer on topics ranging from how parents can get credit for sending their kids to day camp to avoiding identity... Read More >
Attitude counts in the business of healthcare
Collegiality-the need for all people in an organization to interact comfortably with each other-is important in business. Managed care pushes this factor strongly, though it s not often expressed. Plan... Read More >
CMS Releases RAC Phase-In Strategy
nbsp CMS released its strategy for phasing in the nationwide rollout of the RAC program last week, and RAC scrutiny of providers is set to begin immediately. According to CMS... Read More >
2010 CMS physician fee schedule
nbsp MGMA Government Affairs yesterday posted an alert regarding the CMS physician fee schedule. The alert includes the press release, which outlines some of CMS proposals to decrease payments in... Read More >
5 star customer service is a MUST
nbsp It s essential to keep your patients happy. Studies show that satisfied patients recover faster, stay with your practice longer, and give your practice a competitive advantage. On the... Read More >
IRS Addresses Student FICA Exception for Medical Residents
Date March , Refer Reply To CC TEGE EOEG ET CONEX- - The Honorable Mr. David Obey U.S. House of Representatives Washington, DC nbsp Dear Mr. Obey nbsp I am... Read More >
10 lessons you need to know before investing in EMR
nbsp . Think of EMR as a power tool it should help to improve patient care and practice efficiency. . Selection amp implementation requires a substantial amount of time, planning,... Read More >
IRS COBRA Q and A
The IRS has added new questions and answers explaining the COBRA continuation premium subsidy by employers for severed employees. The questions cover eligibility, form preparation, reporting and documentation, and taxability.... Read More >
Turning up the heat on Medicare fraud
According to a statement by Secretary of HHS Catherine Sebelius in a June HHS Press Release, the Obama Administration is committed to turning up the heat on Medicare fraud As... Read More >
Laundry list of merger issues
nbsp As predicted, more and more physician practices are exploring the merger option. Many have found a merger is a very viable strategic option for moving a practice in to... 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 >
