Moving your office? There’s no such thing as “too early”
Once you ve decided to build a new office, or move to existing space, start planning your move right away. Completing an orderly move on time depends on thorough planning... Read More >
Why should an incentive bonus be included in a new doctor employment agreement?
Last week I had the opportunity to review the employment contract for a resident who is looking at a group practice opportunity in northern California. The doctor wanted me to... Read More >
Physician Financial Relationships, Conflicts of Interest Are Expected to Top List of 2008 Enforcement Targets
While some familiar areas are among probable targets of enforcement agencies, expect the focus to broaden, say experts. So while areas such as hospital-physician relationships will continue to garner scrutiny... Read More >
CMS to check hospitals for HIPAA security compliance
nbsp The time has come when CMS is going to start holding covered entities accountable for HIPAA security compliance. IAs you will see in this article, it is starting with... Read More >
Time of Year to Look at Your Vendor Relationships
Evaluate Vendor Relationships Since it s the beginning of the year, now is a good time to review your vendor relationships. Consider going through all of your vendors from A... Read More >
Can technology make you money?
This week I was conducting an on-site valuation visit at an orthopedic practice that a hospital client of mine is looking to purchase. During my visit, it was very apparent... Read More >
DocGrow offers free marketing consult to physician practices
For a free marketing consult from DocGrow www.docgrow.com , click on this link http www.docgrow.com consult , or contact Verex Marketing and DocGrow East Palisade Ave., Suite Englewood, NJ Tel... Read More >
Improve your physician office work environment
Your medical office is one of the most important practice tools at your disposal and you must exert control over it. Your office design either promotes or hinders your efficiency... Read More >
Scheduling: Why it’s good to track and trend
Patients often complain about the length of time it takes for a physician to see them and the process involved in making appointments. To minimize this dissatisfaction, examine your scheduling... Read More >
Handling Unhappy Customers (Patients!)
nbsp Stay calm They might be angry, but they are angry at what s happened to them, not at you. Your frame of mind and demeanor can greatly influence the... Read More >
Patient flow lighting system
If the lighting system you use to let doctors and nurses know there are patients in the exam room is becoming outdated or failing, you might want to check out... Read More >
Upcoming seminar on consultation coding
The definition of consultation is a confusing one because these claims have to meet so many conditions. And one wrong assumption can land you in hot water. For instance, if... Read More >
Chicago hospital merger push driven by economics
This article was in a recent edition of the Chicago Tribune newspaper http www.chicagotribune.com business chi-thu advocate . jan , , .story . The article says that a flurry of... Read More >
Summary of OIG Advisory Opinions 07-21 and 07-22
From the American Health Lawyers Associations www.healthlawyers.org On December , , the Department of Health and Human Services Office of Inspector General OIG issued Advisory Opinions - and - ,... Read More >
The art of mentoring employees
I have to admit it I was TERRIBLE at mentoring my former employees just ask them . However, I did see over time how important mentoring really is and how... Read More >
Many doc-owned sites not set for emergencies: OIG
nbsp While more than half of all physician-owned specialty hospitals have emergency departments, many are not well-equipped to handle emergencies, according to a report from the HHS inspector general s... Read More >
Don’t cut staff without considering revenue implication
nbsp As you undertake budgeting and planning for the coming year which we presume and urge you do remember that cutting staff usually hinders revenue growth as it saves overhead... Read More >
How to triple your productivity
I ran across the following productivity tips in a blog I subscribe to and for the life of me I can t locate which one anyway, these are some good... Read More >
Adjusting the balance and issuing a 1099 to the patient
Why You Shouldn t Send IRS Form -C to Patients for Bad Debts There is a lot of misinformation out there about whether or not you can send an IRS... Read More >
Specialty Practices: Timeliness and Marketing Count
Make every effort to see a referred patient as soon as possible and know which patients are referrals and also make sure the PCP receives literature explaining your capabilities. Publicize... Read More >
Workplace Harassment Issues Training Toolkit
Let s face it, workplace harassment does happen. If you think you are having this problem, this Toolkit from the EEOC is a user-friendly package containing all the elements needed... Read More >
Prioritize your savings efforts
Disciplined savings will help you reach your financial goals, but to balance multiple priorities, use the Rule of Sixths. This strategy helps you put more of your savings toward the... Read More >
Law and Medicine: Not As Cool as They Used To Be?
That s the basic question posed by this interesting piece, currently the most emailed article on the New York Times website. After describing some of the sufferings of lawyers and... Read More >
Summary of new OIG Advisory Opinion 07-19
From the American Health Lawyers Association www.healthlawyers.org p.s. You don t have to be a lawyer to join this excellent organization On January , , the OIG posted Advisory Opinion... Read More >
Attract and train the best and brightest
In the recent issue of Accounting Today www.webcpa.com , Gary Boomer of Boomer Consulting wrote an article on how to attract and train the brightest. While he may have been... Read More >
Exclusive Contract Between Hospital and Neurosurgery Group Does Not Run Afoul of State Antitrust Laws
From the American Health Lawyer s Association The U.S. District Court for the Southern District of Mississippi recently held that while an exclusive contract between a hospital and a neurosurgery... Read More >
How to handle noncompliant partners/shareholders
Suppose you ve finally crafted the compensation plan all partners agree works best for your practice. Should you penalize a partner who sees plenty of patients but isn t carrying... Read More >
CMS Delays Certain Aspects of Revised Anti-Markup Provision
From the Vinson Elkins law firm CMS Delays Certain Aspects of the Revised Anti-Markup Provision On December , , the Centers for Medicare and Medicaid Services CMS issued a final... Read More >
Track and manage disputed claims to prevent recurrence
Meeting individually with payers can help to reduce the number and types of disputed claims a provider encounters. The following are several disputed claims management strategies that emerged from working... Read More >
Physician offices staying out of trouble with the government
A lot of physician healthcare enforcement actions relates to the performance of unnecessary services and when those services put the health and safety of patients at risk. Most of us... 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 >
