How an automated attendant improves productivity
Few if any practices can afford a person with all the time in the world to answer each call right away and talk on the phone for as long as... Read More >
Employment Taxes-Household Employees
The IRS announced that the minimum amount a household employee domestic worker must earn so that such earnings are covered under Social Security or Medicare is , for . Notice... Read More >
Per Diem Reimbursements of Employee Expenses
The IRS announced that for employers using per diems to reimburse employee expenses, the entire reimbursement for business-travel-related meals and incidental expenses is deemed wages paid under a nonaccountable plan... Read More >
New Physician Managed Care Publication
Negotiating contracts for managed care reimbursement is a significant challenge for healthcare providers. HCPro s latest book, Beyond the Contract Managing your relationship with a healthcare payer is a hands-on... Read More >
Set ”new patient hours” for referral practice success
Optimizing Office Hours for New Patient Referrals in Medical Practices Just as other practices identify single-type special visit or clinic time periods, referral practices should have certain office hours specifically... Read More >
Standard mileage rate increases by 4¢ for 2007
IRS has announced that the optional mileage allowance for owned or leased autos including vans, pickups or panel trucks is . for business travel after . That s more than... Read More >
Physician Medicare fee schedule released
From Part B News CMS has just announced minutes ago that the final physician fee schedule will be in the Dec. , Federal Register and it contains a conversion factor... Read More >
MGMA Essentials Package: 2005 Data Reported in 2006
nbsp It s the benchmarking blockbuster. Order our four most popular survey reports and save They re priced like you re buying three and getting the Management Compensation Survey Report... Read More >
Car and Truck Deductions
According to an IRS fact sheet recently posted at http www.irs.gov newsroom article ,,id , .html , overstated adjustments, deductions, etc., account for more than billion in unpaid taxes annually.... Read More >
Only Seven Months Remain Until the NPI Compliance Date
October , , means only seven months remain until the NPI compliance date. Don t procrastinate getting an NPI is only the first step in preparing for the compliance date.... Read More >
Annual IRS Tax Updates Applicable to Physicians
Employee Benefits Pension Plan Limitations 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... Read More >
Nanny tax threshold remains at $1,500 for 2006
On Social Security Online, Automatic Increases, Employment Coverage Thresholds http http www.ssa.gov OACT COLA CovThresh.html , the Social Security Administration has announced that for , cash remuneration paid by an... Read More >
What to do when patients must wait
Effective Strategies for Managing Patient Wait Times and Enhancing Satisfaction Despite all the strategies and tactics out there, sometimes your patients still may have to wait. Often there s nothing... Read More >
Adding Leverage to a Physician Practice
Maximizing Efficiency Leveraging Strategies for Physician Practices From the Healthcare Marketing Institute http www.healthcaremarketinginstitute.com The key to success in any business is leverage. Leverage lets you create lots of value... Read More >
Assessing a physician practice’s pluses and minuses
nbsp Do you know your professional strengths and weaknesses? Test your knowledge of medical practice management with these sample questions from the American College of Medical Practice Executives ACMPE Knowledge... Read More >
Toolbox of Forms for a Physician’s Office
Check this out: http://www.aafp.org/online/en/home/publications/journals/fpm/fpmtoolbox.html#Parsys0001 Read More >
Help with Physician Practice Marketing
Find out how medical professionals use marketing to compete for health care dollars in today s Pay for Performance, Quality Care medical reality. Get the DocGrow Journal and Action Report.... Read More >
Aligning physician compensation with pay for performance
With the introduction of pay-for-performance programs, many medical practices are now attempting to align reimbursement mechanisms payer to practice with physician compensation practice to physicians . Practice leaders have a... Read More >
How long is the wait for your partnership?
How Long Will You Wait for Your Partnership to Take Off? The tradition of promising early partnership to new associates lives on in most specialties. The promises show up in... Read More >
Physician Practice Marketing
Key Questions to Strengthen Your Healthcare Practice s Strategic Foundation Before you can market your healthcare practice effectively, you have to be sure you have a solid strategic foundation. Unfortunately,... Read More >
2006 MGMA Physician Compensation Report
Physicians experience nominal pay increases primary care physicians on unsustainable course Physicians in primary and specialty care continued to see nominal increases in compensation in , according to the Medical... Read More >
Medicare Hot Topics
Getting an NPI is free not having one can be costly. http www.cms.hhs.gov apps npi overview.asp Sept. Sept. , Nine-day payment hold on all claims. http www.trailblazerhealth.com notices.asp?action detail id... Read More >
Inspector general sets agenda for 2007 investigations
HHS inspector general s office will look at the CMS oversight of patient safety and quality of care at specialty hospitals for the first time ever in fiscal , as... Read More >
FICA Taxes on Medical Residents
Court Denies Summary Judgment in University Hospital s FICA Tax Refund Case Govt. was denied summary judgment on univ. hospital s student exclusion-based complaint for refund of FICA taxes paid... Read More >
Change in Online Availability of NPI Application/Update Form
Important Update Changes to Online Availability of NPI Application Update Form Beginning on Sept. , , the Portable Document Format PDF version of the National Provider Identifier NPI Application Update... Read More >
Medicare Announces Premiums and Deductibles for 2007
Medicare announced the Medicare premiums and deductibles which are as follows Part A Premium up from in , Part A deductible up from in , Part B standard premium .... Read More >
Stark Update Seminar for Physician Offices
Avoid Stark Law Pitfalls Join HCPro s Live Audioconference on September , Join HCPro live on September , , at pm EST, for the -minute audioconference The Stark Law Successful... Read More >
Physician NPI and Form 855
Medicare Compliance Reporting Your NPI with CMS Form Receipt of a National Provider Identification number is considered a change of information according to Medicare. As such, you will need to... Read More >
How to Book Returned Checks
From the American Institute of Professional Bookkeepers To avoid mispostings and liability for another employee s misdeeds follow these simple steps Returned checks. When the bank notifies you that it... Read More >
Book Resource for Medical Staff Management
Master Medical Staff Management Essential Forms, Policies, and Procedures Successfully handling the complexities of medical staff-provider relationships is critical to the strength of your health care organization. Medical Staff Management... 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 >
