Retiring physicians: plan your exit!!
You would not believe the number of calls I ve had this year from physicians who have decided they want to retire and want to know how can I sell... Read More >
Are you confused by CPT coding?
Is the paperwork is complicated? Does it seem to be written in a foreign language you can t translate? Let us be your interpreter we ll teach you all the... Read More >
Upcoming physician seminar: Closing Stark Loopholes
nbsp Closing Stark Loopholes New Proposed CMS Rules Foreshadow Big Changes Ahead Hosted By Nightingale s Healthcare News and The Beard Group Law and Business Publishers Date Wednesday, Tuesday, July... Read More >
CMS Seeks Data on Financial Relationships; 500 Hospitals Must Explain Physician Deals
CMS is putting hospital-physician financial relationships under a microscope, apparently driven by concern that some may be illegal, lawyers say . Visit http www.AISHealth.com Bnow c.html to read the entire... Read More >
CMS alert re PQRI and clearinghouses
From the allbusiness.com doctor office blog https www.allbusiness.com services health-services-offices-clinics-doctors - .html This alert was posted by CMS today. It applies to practices who are participating in the Physician Quality... Read More >
For physicians who own an ASC or have an interest in one
CMS revamps ASC payment system for The Centers for Medicare amp Medicaid Services CMS issued its final rule outlining a revised ambulatory surgery center ASC payment system and an expanded... Read More >
Co-pays and next appointment: don’t leave the office without them!
Front desk copay collections is something I ve preached about all my career. If you collect it up front, it doesn t become a receivable and an expensive one at... Read More >
Under Arrangements Model Joint Ventures – The End May Be Near
From www.beckerasc.com This past week the Center for Medicare and Medicaid Services, took a direct shot at under arrangements joint venture structures. Here, CMS asserted that these arrangements may be... Read More >
Three ways to ease tension about long wait times
If you want to ease patient angst for long waits at your practice, try these tips . Post signs. Some practices post signs that urge patients to approach the reception... Read More >
How to get physician credentialing applications processed quickly
Waiting for approval on credentialing applications can be an exercise in frustration, Consider the following five tips to help lessen your anxiety . If the physician whom you are credentialing... Read More >
Physician fee schedule grab bag: CMS proposes self-referral rule changes in advance of Stark Phase III rulemaking
David Harlow’s healthcare law blog post does a great job of summarizing Stark and anti-referral proposals in the recently released 2008 proposed Medicare fee schedule: http://healthblawg.typepad.com/healthblawg/2007/07/physician-fee-s.html Read More >
More on proposed 2008 Medicare fee schedule
As mentioned in my blog post yesterday, the proposed Physician Fee Schedule included a . conversion factor cut. Medicare placed the fee schedule on its web site last week, although... Read More >
CMS announces 9.9% cut in reimbursement for next year
Here is the announcement as written by David Harlow on his healthcare blog ..notice that even CMS thinks Congress will probably intervene again for fear that if the cuts do... Read More >
Develop vacation policy to avoid scheduling conflicts
Summer season brings out vacation fever among staffers, reminding you of the importance of a clear, fair, and written policy concerning vacation coverage. Without such a policy, expect employee conflict.... Read More >
Reward your managing partner properly
You would never consider investing heavily in a multimillion-dollar corporation lacking effective leadership. Yet many physicians in small and medium-size groups across the country have essentially done just that by... Read More >
Do The Math: NPPs Add Up
Think PAs and NPs are small potatoes? Then you re losing out on revenue, says Mary Falbo, president of Millennium Healthcare Consulting in Lansdale, PA. PAs and NPs can allow... Read More >
Embezzlement watch #2
One way front desk people embezzlement is this way after the patient leaves the office, the charges and any related payments are not entered in the computer and the patient... Read More >
Embezzlement watch
Be sure to be on the lookout for deleted postings within the medical billing system. This is one way an employee can cover his or her tracks when taking cash... Read More >
Drafting patient satisfaction survey questions
Make sure your questions ask exactly what you want answered, for ambiguous questions yield confusing answers. Don t, for example, ask, How would you like to hear more about our... Read More >
OIG Advisory Opinion 07-05 published
OIG posted a copy of Advisory Opinion - on its website http oig.hhs.gov fraud docs advisoryopinions AdvOpn - C.pdf . This opinion relates to the sale of a partial interest... Read More >
Planning for the expected Medicare cuts
What to have a good reason to do some strategic planning for your medical practice? Here s one Unless Congress acts to negate the flawed sustainable-growth-rate SGR formula, providers will... Read More >
Importance of employee exit interviews from a compliance viewpoint
I am in Nashville giving a few speeches at the annual meeting of the National Society of Certified Healthcare Business Consultants https www.nschbc.org . The keynote speaker yesterday was a... Read More >
Physician scheduling software
nbsp Lightning Bolt Solutions Physician Scheduling Software http www.lightning-bolt.com Automatically validate absence requests with Request Manager Automatically generates accurate schedules for medical staffs Enforces complex rules and scheduling policies Equitably... Read More >
Charges v write offs each month
Some people have a hard time calculating the percentage for net collections because write-offs are sometimes higher than the charges for any given month. This is a timing issue because... Read More >
Staffing issues affect productivity
You depend on your staff to keep you productive. But, space and office layout affect the efficiency aof everyone. Two key principles should guide your planning for staff flow Reducing... Read More >
Remember, a medical practice is a business
Unfortunately, doctors rarely appreciate why their group members serve as partners or what responsibilities they should assume. Compared to commercial business, professional service groups traditionally have one serious problem The... Read More >
Think Business! Put These 10 Strategies to Work in Your Practice
nbsp An Audio conference from The Journal of Medical Practice Management and Owen J. Dahl, MBA, FACHE, CHBC, Author of New Book Think Business Medical Practice Quality, efficiency, Profits Think... Read More >
Health law blog of interest
Here is a health law blog you might want to check out; it’s written by David Harlow: http://healthblawg.typepad.com/ Read More >
Upcoming seminar on physician marketing
Join HealthLeaders Media for Physician Practice Marketing Strategies to boost your bottom line nbsp A LIVE audioconference Wednesday, July , p.m. Eastern Attract new business without breaking the bank. With... Read More >
New CMS-1500 forms – use them now!
A Part B Answer Book alert www.decisionhealth.com If you haven t made the switch to the new CMS- form , start using it now to get accustomed to the new... 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 >
