Upcoming free webinars by Frank Cohen
nbsp My good friend Frank Cohen http www.cpahealth.com html home.html is putting on a series of free webinars if you haven t heard Frank speak, you re missing out Here... Read More >
Make 2009 a year to pay down some of your personal debt.
Over time, people and businesses seemed to have forgotten that any money borrowed needs to be repaid. Remember, leverage equals risk. Make a year to pay down some of your... Read More >
Remodel exam room first when redesigning your office
If you decide to remodel or expand your facility, pay special attention to the most important part of your office-the area in which patients are actually examined and treated. Plan... Read More >
What if employee needs another W-2?
nbsp When issuing a duplicate W- Type REISSUED STATEMENT in the upper right-hand corner on all W- copies. It is acceptable to use a copy of the employer s copy.... Read More >
Set up your retirement savings
Most people find it easier to max out their retirement contributions by budgeting a set amount each month. Instruct your employer to withhold , per month for your k or... Read More >
Hospital Pays $36 Million to Settle Kickback Allegations After Its Voluntary Disclosure to Feds
Reprinted from REPORT ON MEDICARE COMPLIANCE, the nation s leading source of news and strategic information on false claims, overpayments, compliance programs, billing errors and other Medicare compliance issues. By... Read More >
Count on trusted colleagues for candidate referrals
Getting referrals from trusted colleagues can help you find motivated physician candidates who may not be interviewing with other practices. Referrals can come from current and past colleagues, former employers,... Read More >
The Six Keys to Success in Physician Practice Management
. Leadership The ship can t be rudderless . Technology Invest in your future . Marketing and Business Development You have to constantly grow the practice . A Great Place... Read More >
Medicare E-Prescribing Incentive Program Update
Beginning January , , eligible professionals can participate in the E-Prescribing Incentive Program by reporting on their adoption and use of an e-prescribing system by submitting information on one e-prescribing... Read More >
Paying a management fee for ongoing physician “management”
nbsp Suppose you are a four doctor Orthodontic group, of which two of the doctors handle management functions of the practice while the other two provide minimal management services. There... Read More >
A simple Stark compensation example
nbsp Here is a question about physician compensation and Stark that I received recently related answers are in red I have an Internal Medical group physicians and one Nurse Practitioner... Read More >
Alter current procedures to reduce silent PPO activity
Silent PPOs, as their name indicates, can be difficult to identify. To avoid falling prey to these sneaky imposters-and correct the situation if you do-follow these steps Begin with audits.... Read More >
HIPAA – Health plans and healthcare providers using e-mail to exchange PHI
Health plans and healthcare providers are increasingly using e-mail to exchange PHI. A HIPAA question raised was Can a health plan disclose information e.g., name, diagnosis, and admit dates to... Read More >
OIG issues Advisory Opinion No. 08-22
The Office of the Inspector General of the Department of Health and Human Services OIG issued Advisory Opinion No. - on Dec. , . In the Advisory Opinion, the OIG... Read More >
A cancellation list keeps production high
However helpful and efficient, computers don t always improve upon time-tested manual aids. That s my conclusion after asking a variety of my colleagues about using a cancellation list to... Read More >
Want to reduce denials and reductions? Start with diagnosis-coding documentation guidelines
nbsp A audit of Medicare claims by the Department of Health and Human Services Office of Inspector General OIG found that Medicare fee-for-service payments that did not comply with Medicare... Read More >
Avoiding half-an-hour-late habits
If you somehow stagger through office hours when you are late for valid reasons, you may begin arriving just as late on other days. In effect, arriving a half-hour late... Read More >
Part B Billing: Stop Chasing After ‘Welcome to Medicare’ Exam Deductibles
nbsp If your physicians perform Welcome to Medicare WTM exams, also called an Initial Preventive Physical Exam IPPE , you ll have one less payment battle to wage this year.... Read More >
Who’s responsible for the code?
Who Sets CPT Codes Physicians or Coders? Who is responsible for setting the CPT and diagnosis codes the physician or the coder? Perhaps this question has arisen in your practice.... Read More >
I don’t know what’s going on!!!!
The single most common complaint I hear from MDs these days is I don t know what is going on. Physicians are obviously busy and most want to just practice... Read More >
The Medicare Preventive Services (January 2009) Quick Reference Information
This Medicare resource is now available in downloadable format. This two-sided resource gives Medicare fee-for-service physicians, providers, suppliers and other health care professionals a quick reference to Medicare s preventive... Read More >
Teach HMO patients what to expect
Many physicians and groups are thriving with managed care and capitated practice by communicating with their patients from the start of the relationship. They form their patients expectations, telling them... Read More >
New OCR Guidance on the HIPAA Privacy Rule
nbsp The Department of Health and Human Services HHS Office for Civil Rights OCR has published new HIPAA Privacy Rule guidance as part of the Department s Privacy and Security... Read More >
SAVE MONEY – Refinance your home mortgage
With rates so low, NOW is the time to save some money by refinancing your mortgage. I know of one physician couple that locked in a fixed-rate mortgage at .... Read More >
Share details about area hospitals with physician recruits
The information you share with a physician recruit about the hospitals in your community with a physician recruit will depend on the physician s specialty, but it could include the... Read More >
Bad Apple Behavior
Can one person in a workplace ruin a workplace? In other words, can one bad apple spoil the whole bunch? That s the question Dr. Will Felps, Rotterdam Business School... Read More >
Code puts cap on drug companies – Voluntary rules cut out free gifts sales reps use to influence physicians
nbsp Pens and prescription pads emblazoned with name-brand drug logos are as commonplace as stethoscopes in many doctor s offices. That all changed last Thursday. The Pharmaceutical Research and Manufacturers... Read More >
HIPAA & A new registration area
Suppose you have a new registration area with a counter where patients sit when registering and signing consent forms. Sufficient space is available for two patients to register simultaneously. A... Read More >
A tax warning to S corps
nbsp IRS audits now routinely review S corporation payments to shareholders to see if payroll taxes are being avoided by treating payments to shareholder-officers as loans or shareholder distributions of... Read More >
Create a system to go after outstanding balances
Set up a timetable for handling account balances as they reach certain ages. For example, at days, send a letter that asks patients to pay the remainder of the balance... Read More >
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Accounting and Tax Services Litigation Support Managed Care Consulting Managed Care Contract Negotiations Medical Practice and Healthcare Entity Valuation Medical Practice Assessment Medical Practice Brokerage Medical Practice Embezzlement Consulting Medical Practice Management Medical Practice Merger Advice Medical Strategic Planning Newsletter Personal Financial Planning Oversight Physician Compensation Models Physician Compliance Physician Financial Management Services Retirement UncategorizedAbout Reed Tinsley, CPA
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 >
