Large majority of codes still face pay cut in 2007
From Part B News www.partbnews.com How New Legislation Impacts Medicare Payments You can expect close to of all payable codes to see cuts in payment next year despite the freeze... Read More >
Quarterly Update to Correct Coding Initiative (CCI) Edits
CMS has released an article based on CR providing a reminder for physicians to take note of the quarterly updates to the coding initiatives. The latest package of CCI edits,... Read More >
How to Spot a Phish
How to Identify and Avoid Phishing Scams Essential Tips for Protection Every medical practice has someone surfing the web during the day. Therefore, it s important how to spot a... Read More >
New rules permit hospitals, others to donate EHR, e-Rx technologies to physicians
From the Medical Group Management Association www.mgma.com The Department of Health and Human Services HHS has created exceptions to the physician self-referral statute Stark law and crafted a new safe-harbor... Read More >
Congress reaches deal to fix physician payments
Congress Reaches Deal to Revise Physician Payment System What It Means for Your Practice From Part B News www.partbnews.com The House and Senate have reached a deal to freeze your... Read More >
2007 withholding tables published for physician practice payroll
New Withholding Tables for Physician Practice Payroll What You Need to Know Employment Taxes Tax Withholding Tables The IRS released the revision of Notice , which contains early release copies... Read More >
New audio set on physician ancillary services
nbsp Fair Market Value, Ancillary Joint Ventures Examined in Physician Services Audio CD SetTwo Audio CDs and Written Materials for Easy, On-the-Go Learning nbsp Recently more than physicians and healthcare... Read More >
Recordkeeping for contributions made through payroll deductions
Essential Recordkeeping Tips for Payroll Deduction Contributions To satisfy stricter substantiation requirements for charitable contributions that were enacted by P.L. - and are now reflected in Code Sec. f ,... Read More >
New coding product from HcPro for physician offices
Streamline Your Practice with HCPro s New Coding Product for Physician Offices HcPro has just released Coder Productivity Tapping Your Team s Talents to Improve Quality and Reduce Accounts Receivable,... Read More >
Is health inflation set to resurge?
Is Health Inflation Set to Resurge? What Physicians Need to Know From Modern Healthcare s Daily Dose www.modernhealthcare.com Employers healthcare costs may be heading for renewed inflation after three years... Read More >
Happy Thanksgiving
Happy Thanksgiving to all; I hope you have a wonderous holiday season. Read More >
Time to transition to NPIs–take appropriate precautions for compliance
Transition To NPI s Time to transition to NPIs take appropriate precautions for compliance The changeover from legacy numbers to national provider identifiers is expected to make organizations revamp the... Read More >
UB-04 will replace UB-92 for inpatient paper claim forms
Switch from UB- to UB- Paper Forms by May , The Centers for Medicare amp Medicaid Services CMS announced that all providers who bill Medicare fiscal intermediaries, including regional home... Read More >
Smaller groups still dominate but….
According to a recent survey published by the American Medical Association, the following are medical groups by size, percentage of total, as of - - physicians . physicians . -... Read More >
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 4ยข 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 >
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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 >
