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REED TINSLEY, CPA

OIG releases Advisory Opinion 8-10

The OIG released another advisory opiniopn finding that a proposed block leasing arrangement between two physician group practices one a practice providing cancer treatment services, including IMRT, the other a... Read More >

Collect those copays up front

Up front you say? Isn t that standard operating procedure in all physician offices? Yes it s standard operating procedure but what about collecting the patient copayment BEFORE they are... Read More >

Watch out for these managed care clauses

When reviewing your managed care contracts, pay attention to these clauses Gag clauses Prohibits you from discussing patient treatament options that the insurer does not offer. You can lose money... Read More >

IRS hobby loss rules

Many physicians have sideline business activities but are these activities true active trade or businesses? The IRS has posted a factsheet to its website at http www.irs.gov irs article ,,id... Read More >

Advice on physician advice calls

Only the physician or an appropriately trained and qualified clinical support person, following written advice protocols that the physician approves, will give advice over the telephone. If possible, the physician... Read More >

OIG Advisory Opinion 08-09 released

The OIG reiterated its position regarding gainsharing, but this time in the context of two new medical specialties orthopedic surgery and neurosurgery. After reviewing the arrangement established by the requestors,... Read More >

Tackling a new denials management hurdle

With all of the changes in health insurance products today, eligibility and benefit determination are more important than ever. Your staff s ability to make accurate assessments regarding eligibility and... Read More >

How to take your practice’s pulse

Even with all the available data you might have at your fingertips, you may occasionally find yourself feeling uneasy about your practice s overall health. Diligence and early diagnosis make... Read More >

Get everyone on the same page

nbsp Many conflicts among partners and staffers really result from poor communication. To keep squabbles at a minimum, make certain each doctor and staffer understands your practice s overall goals... Read More >

Replacing good employees

We all know how expensive it is to replace good employees, which is why employee retention should be a top priority for all physician medical practices. The costs to replace... Read More >

Product watch – payroll processing

Most physician practices using ADP or Paychex for outsourced payroll processing. If you are looking for another good alternative, which also offers a time clock service, check out Your HR... Read More >

Be patient during cross-training

Patience during the training period is essential. Processes might slow slightly while employees become comfortable with their new roles. But remember, any delays are only temporary Cross-training represents an investment... Read More >

Making your compensation pay plan work

If you are looking to change your physician compensation formulary, try to take an objective approach to analyzing and possibly renovating your formula. Remember that compensation plans that work should... Read More >