nbsp MGMA Extreme Challenges Rick Johnson, for HealthLeaders News, Oct , The world is changing fast and medical groups will need to adapt, says James Canton, PhD. He kicked off... Read More >
nbsp Worried that a financial crisis will find its way into your practice? Worried about rising malpractice premiums? nbsp If you practice in a group that doesn t already allocate... Read More >
nbsp As many as percent of applicants for all types of jobs make unjustified claims, exaggerate or omit important information on their resumes or applications. When checking references and verifying... Read More >
From David Harlow s healthcare blog The OIG posted an October advisory opinion regarding private ambulance service support for county expenses incurred in connection with prehospital care and transportation provided... Read More >
For you anesthesia people out there, the ASA published the National Managed Care Conversion Factor http www.asahq.org Newsletters - pracMgmt .html in the July issue of their newsletter and on... Read More >
Can an employer count leave taken due to pregnancy complications against the weeks of FMLA leave for the birth and care of an employee s child? Yes. An eligible employee... Read More >
In an information letter addressed to U.S. Representative Dennis Moore, an IRS Branch Chief discussed the proper tax treatment of employer-provided cell phones. An employer can exclude the value of... Read More >
The larger the medical group, the more likely you are to have a staff manual but just as important is having a written physician policy manual as well. As practices... Read More >
The following was posted on a listserv yesterday which begs the question Are your practice employees trained in all facets of HIPAA? Have you provided them with the appropriate education... Read More >
The IRS announced cost-of-living adjustments applicable to dollar limitations for pension plans and related amounts for . Some amounts change due to cost-of-living adjustments, while others are Code-required changes. For... Read More >
Only of adults know that they shouldn t spend more than of their retirement savings a year to avoid running the risk of outliving their nest egg this according to... Read More >
Here is a question that was recently posed We have fee schedules based upon a of Medicare, multiples of RVUs, multiples of RVPs and multiples of RBRVS. I will be... Read More >
Sometimes a patient will check out and want to pay cash for their appointment however, all the patient has are big bills to pay with. If a patient is willing... Read More >
The Social Security Administration announced that the social security wage base will be , , an increase of , from the wage base of , . As in prior years,... Read More >
Medicare Payment Hold Zip Code Requirement Affects Providers in States The post is taken from a AHLA listserv post by Louise Joy, a healthcare attorney in Austin, Texas. As she... Read More >
Well it looks like the process is starting ..I m getting more and more calls and inquiries from physicians that want to merge their practices together. I think physicians, especially... Read More >
I am a preacher that all medical practices should code out and bill all services that are rendered per the CPT code book, unless of course such coding is not... Read More >
Restrictive covenants are a fact of life in most employment agreements. But having one and enforcing it when an associate or partner leaves to set up a competing practice are... Read More >
From a recent blog post by Peter Lucash George Clooney HIPAA Violation Actor and heartthrob George Clooney was involved in a motorcycle accident in northern New Jersey about three weeks... Read More >
If the concept of income division itself is flawed, one aspect is most troubling A group s formula may adversely influence physician behavior. Traditionally, groups sliced up the income pie... Read More >
For smaller expenses, such as lunch for the office, miscellaneous supplies, and unexpected minor expenditures, many offices maintain a petty-cash drawer or box. This system can work very well if... Read More >
Tax Treatment of Goodwill, Covenants, and Consulting in Medical Practice Transactions When buying or selling a medical practice, goodwill and coventant not to competes may be including in the purchase... Read More >
Taxpayers can now request an employer identification number EIN through a Web-based system that instantly processes requests and generates EINs. The EIN application on www.irs.gov is interactive and asks questions... Read More >
Managing Part-Time Partners Key Considerations for Fair Compensation Being a partner or shareholder in a medical practice demands full-time involvement. But, as more doctors seek to better balance their lives... Read More >
Here s an intriguing practice management idea Appoint someone to be the floor manager, responsible for overseeing all staff as they process patients during office hours. I know what you... Read More >
This year the American Medical Association announced that CPT will include new codes, revised codes, and a wealth of deleted codes about more changes than last year. nbsp CPT Overview... Read More >
Here is a website with free charting tools and other products you might want to check out: http://www.freechart.com/index.php Read More >
An effective group mission statement outlines your purpose, your priniciple activity to achieve it, and your core values. It answers the question Why should your practice exist? To help you... Read More >
nbsp Once you agree on what incentives to include in your compensation plan, focus on the specifics of how your physicians can achieve them. Here are some success factors in... Read More >
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