Most doctors office hours are on a so-called stream approach whereby patients are scheduled in equal intervals throughout each office session. Thus a doctor may be committed to see patients... Read More >
As announced in late , after carefully examining Section A of the Social Security Act, as added by the Medicare Modernization Act of , CMS has been working further to... Read More >
Senate Introduces a New Texas Franchise Tax This is an important issue for all Texas medical practices practicing within an entity format i.e. corporation, LLC, partnership, etc The Senate Finance... Read More >
Adapting to High-Deductible Plans Strengthening Payment Collection Sales of high-deductible health plans sold in connection with health savings accounts HSA have more than doubled in the past six months. This... Read More >
The following is an audio seminar that I thought someone might be interested in Thursday, May , - p.m. Eastern - p.m. Central a.m.- p.m. Mountain a.m.- a.m. Pacific per... Read More >
Revised Reporting the NPI on Physician Claims for Clinical Diagnostic Services Purchased Outside of the Local Carrier s Jurisdiction, CMS CR . Revised Extension for Acceptance of Form CMS- -... Read More >
The third shoe has dropped in giving hospitals federal blessing to subsidize the cost of providing electronic health-record systems software and technical support to affiliated physicians as the Internal Revenue... Read More >
As reported yesterday by Modern Healthcare s Daily Dose newsletter DailyDose ModernHealthcare.com, The CMS hopes that by mid- it will be able to provide reports to physicians on their use... Read More >
The transcript for the NPI Roundtable on the Contingency Guidance is now posted at www.cms.hhs.gov NationalProvIdentStand Downloads April Roundtable Transcript.pdf on the NPI Web page. Not sure what an NPI... Read More >
I just returned from presenting my day seminar for the Medical Group Management Asssociation www.mgma.com entitled Evaluating the Financial Health of Your Practice. The next seminar date is June in... Read More >
Physicians s don t pay their taxes??????? You re kidding me right? Yes, there are physicians out there who get behind on their taxes, whether it be practice payroll taxes,... Read More >
Physicians Win Big Time to Act Against Managed Care Finally a physician win When are physicians finally going to realize they need to fight back against managed care payers? Would... Read More >
One of my professional objectives when working with physicians is to make sure their personal finances are attended to just as much as their practice finances are. The two do... Read More >
Billing Rules for Shared E M Services in Hospital Settings According to CMS Pub. - , Chapter , Section . . .B, when a hospital inpatient hospital outpatient or emergency... Read More >
I just finished giving a key note address today at the Florida Institute of CPAs annual healthcare conference. My seminar was on physician buy sell agreements. The main thing I... Read More >
New FAQs on NPI Compliance and Contingency Plans Key Updates for Providers New Compliance Contingency Guidance FAQs CMS has posted the following new FAQs related to the previously posted NPI... Read More >
Use Both NPI and Legacy Numbers for Medicare Claims Claims submitted by a physician office containing only an NPI will most likely be returned as unprocessable if a properly matching... Read More >
Handling Partial Payments Marked Paid in Full Occasionally a patient sends a check for, say, of the total amount owed but marks the check paid in full. You have no... Read More >
Despite your best efforts at customer service, patient relations, and retention, patients will leave your practice. But these individuals can represent a gold mine of crucial information. Who can tell... Read More >
Unlock Your Business Potential Join The Entrepreneurial MD BizIdeas Teleseminar Are you a physician who s interested in starting a business or improving your medical practice, but hazy on the... Read More >
A study published yesterday on the Health Affairs Web site provides the first empirical evidence concerning how often physicians are stretching federal and state laws and perhaps breaking them by... Read More >
Provider Education for Handling Issues Related to Deceased Providers, CMS CR CMS has released an article regarding Medicare rejecting an electronic claim received without an NPI after May , ,... Read More >
Why Physicians Often Struggle with Personal Finance and the Importance of Planning As I sit here about to complete my th straight tax season, I wonder why I continue to... Read More >
Short-Sighted Cost-Cutting Hurts Medical Practice Profits in the Long Run I was visiting yesterday with a very well qualified practice administrator who informed me that her position was being eliminated... Read More >
Medicare Consultation Guidelines CMS Pub. - , Chapter , Section . . .E According to CMS Pub. - , Chapter , Section . . .E, Medicare carriers pay for a... Read More >
Strategies for Out-of-Network Providers to Improve Payment Collection Out-of-network providers often struggle on two levels to collect payment. First, the amount of money providers actually receive is an issue because... Read More >
Why Monitoring Employee Overtime is Crucial for Managing Office Efficiency Is someone watching employee overtime in your office? Every month the administrator should be looking at the employee overtime reports... Read More >
CMS NPI Contingency Plan Key Details for Providers As mentioned yesterday in this blog, CMS announced that it is implementing a contingency plan for covered entities other than small health... Read More >
CMS Extends NPI Compliance Date to May , Contingency Plans Allowed The Centers for Medicare amp Medicaid Services CMS announced today that it is initiating a contingency plan that extends... Read More >
Essential Financial Ratios and Reports to Assess Your Practice s Financial Health What are the best financial ratios and reports to monitor the financial health of a practice? There are... Read More >
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