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REED TINSLEY, CPA

FMV of Medical Practice Stock Donated to Charity

While consolidating various medical service corporations into a single medical practice group, taxpayers donated stock to a charity and claimed charitable contribution deductions of per share. Because taxpayers valuation experts... Read More >

Product Watch: PhoneTree

nbsp For an appointment reminder service, you might want to check out PhoneTree http www.phonetree.com healthcare index.html nbsp It runs off of one of your PCs at the Front Desk... Read More >

How to handle emergent add-on patients

Emergent patients are those that come to you suddenly and unexpectedly with an acute sickness which, without immediate attention, could threaten their lives or result in a permanent disability. Make... Read More >

MGMA members cite pay, expenses as top worries

From Modern Healthcare s Daily Dose www.modernhealthcare.com Maintaining physician compensation, dealing with expenses that rise faster than revenue, selecting and implementing electronic health records, recruiting physicians, and managing finances in... Read More >

Searching for a CPA with an RFP?

I recently saw an email post where a practice administrator asked the listserv participants for a sample RFP Request for Proposal for CPA services since she was looking for a... Read More >

The importance of loyalty

You foster loyalty with patients well before anyone might consider the possibility of a disappointing outcome. From the very first encounter with patients and families, effective physicians take every opportunity... Read More >

Administrator vs Office Manager

Administrator vs. Office Manager Key Differences in Medical Practices I have long said there is a difference between what is an administrator in a medical practice and what is considered... Read More >

Delegate and follow through

A medical practice depends on an entire chain of delegated duties. The leaders, such as a physician or practice administrator or manager, must delegate tasks essential to the practice, or... Read More >

Dependent Exemption Rules Clarified

Final regulations address the rules for counting nights to determine which parent qualifies for the child s dependent exemption. The parent with the greatest number of nights with the child... Read More >

2009 Medicare fee schedule released

nbsp CMS posted its proposed fee schedule yesterday. It addresses the anti-markup provision and a new proposed gainsharing exception. The website is http www.cms.hhs.gov physicianfeesched downloads CMS- -P.pdf The Stark... Read More >

Changing Your Business Name

nbsp A new chart on the IRS website explains the requirements for sole proprietors, corporations, and partnerships to submit a request to change their business name www.irs.gov individuals article ,,id... Read More >