Achieve success during contract negotiations
Prepare the necessary data that support the issues you will raise with the payer to lay the groundwork for successful negotiations. Determining when to push forward on an issue and... Read More >
Document disputed bills thoroughly
When a bill is disputed by a patient, listening to the patient is critical. Consistently gather and document all necessary information about each such bill, and ask thorough, complete questions.... Read More >
Upcoming CPC™ Training Camps
Get CPC Certified In Days Did You Know? Certified Coders make more money than their non-certified counterparts according to the American Academy of Professional Coders. Medical Coding is hot. According... Read More >
LEADING PRINCIPLES
nbsp Five tips from Bill George on becoming an authentic leader nbsp Stay true to your values, even under pressure Empower subordinates, but hold them accountable Seek feedback from mentors... Read More >
Create an achievement list for potential partners
As a physician leader, work together with a new physician to identify the attributes and performance characteristics that will confirm progress towards becoming a partner. Put those goals in writing... Read More >
Physicians May Now Write Multiple Prescriptions for Schedule II Controlled Substances
From the health law section of Duane Morris www.duanemorris.com The Drug Enforcement Administration DEA of the Department of Justice issued new regulations on November , , which allow physicians to... Read More >
Last Minute Year-end Giving Strategies
nbsp The end of the year is obviously a good time to assess one s tax situation. Of course, many individuals often take it to the limit by waiting until... Read More >
Hospital Staff Privileges Case Allowed to Proceed
From the American Health Lawyers Association www.healthlawyers.org The U.S. District Court for the Northern District of California has ruled that the antitrust claims of a physician alleging that he was... Read More >
NPI – Potential Issues Related to Clearinghouse and Billing Service Practices
nbsp As part of efforts to fully implement the Nation Provider Identifier NPI , Medicare contractors have begun calling providers who are not sending their NPI on claims or are... Read More >
Add outgoing telephone lines to free up incoming lines
If all your incoming telephone lines are busy too often, don t automatically add more incoming lines. They ll tie up your answerer even more. Instead, add one or more... Read More >
Employing child #2 and other tax strategies
The following article was published in the December issue of MDTAXES TAX SAVING OPPORTUNITIES FOR SELF-EMPLOYED INDIVIDUALS by Andrew D. Schwartz, CPA Are you self- employed or a partner in... Read More >
Women and retirement planning
I m a constant preacher about the need for healthcare professionals to do retirement planning. The earlier one can start the process, the better off they will be down the... Read More >
Employing your child in your medical practice
Employing a child has always been sound tax planning, but you ve got to jump through the hoops to do it. The child obviously has to actually do some work... Read More >
IRS Announces 2008 Standard Mileage Rates
The IRS has announced the optional standard mileage rates used in computing the deductible costs paid or incurred on or after January , , for operating an automobile for business,... Read More >
Consider involving your practice in philanthropic activities
Getting your entire practice involved in community-minded activities like cancer walks or local health fairs gives your practice valuable public exposure and helps foster a spirit of teamwork and enthusiasm... Read More >
Sample checklists for preparing payroll reports
As a due diligence measure, you might consider using these checklists in your preparation of payroll reports. The checklists reflect recent tax developments. http ppc.thomson.com SUBSCRIPTIONS tabi default.htm? Current Issue... Read More >
Top Ten Hospital Compliance Challenges for 2008
From the law firm Foley Lardner www.foley.com Top Ten Hospital Compliance Challenges for Legal News Alert Health Care Foley s Health Care Industry Team is frequently asked to assist clients... Read More >
E/M coding and “aiding and abetting”?
Happy Thanksgiving to everyone I hope you have a great day and safe travels. This post is a follow up to yesterday s. Suppose you have a physician who is... Read More >
Look for outliers when auditing E&M coding
When you know you ve earned your reimbursement appropriately, don t surrender to the well-publicized threat of compliance hassles and possible fines that too often nudge physicians toward downcoding services.... Read More >
Be sure to update your coding resources !!
It s that time again and I shouldn t have to reminde everyone but it s time again to order your new coding books for . We all know how... Read More >
CMS Releases Final Rule for New ASC Payment System
CMS on Nov. released its highly anticipated final rule establishing the payment rates for services provided in ASCs in . This finalizes the proposed rule that was issued in August... Read More >
Interviewing physician extenders
Interview a physician extender almost the same way you would interview a physician. Diplomas, credentials, and r sum s tell much of the technical story, so focus on issues like... Read More >
“Stand in the Shoes” Rule Delayed for One Year
nbsp From the health care department of the Nossaman law firm http www.nossaman.com On November , , the Centers for Medicare amp Medicaid Services CMS announced it will delay the... Read More >
Billing & collection newsletter for physician offices
Medical Office Billing amp Collections Alert says it can help you stay at the top of your field with time-saving tips and problem-solving advice to decrease denials, increase reimbursements, and... Read More >
Always track front desk collection efforts
Track over-the-counter collection i.e., getting patients to pay before leaving the office success by regularly setting a goal based on the in-office collection ratio. Obtain this number by taking each... Read More >
Elimination of Stark “On-Site” Interpretation Requirement
From the American Health Lawyers Association Under the current Stark rules, the exception for professional interpretation services when the referring physician has an investment interest in the entity to which... Read More >
2008 modifier revisions
Modifier will be revamped to say it should be used for increased procedural services. The new description says modifier may be used when the work required is substantially greater than... Read More >
Consider adding one more hour of patient visits
If you have patients waiting to be seen perhaps scheduled weeks or months ahead consider the economics of adding one hour to your office visit schedule. The resulting extra take-home... Read More >
Physician A/R and credit balances
When printing an aging of accounts receivable, credit balances are included unless the computer is told not to include them. When was the last time you printed an aging of... Read More >
Upcoming seminar – 2008 CPT Update
HcPro is putting on an audioconference on November th on the new and revised CPT codes. There are new CPT codes for and revisions. Go to this link for more... 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 >
