Physician Incomes are Falling
I have preached and preached about the need for physicians to strategically plan their futures there are just too many pressures today impacting practice net incomes. Here is proof from... Read More >
CMS Proposes Changes To Work, Practice Expenses For Physician Fee Schedule
From the American Health Lawyer s Association www.healthlawyers.org The Centers for Medicare and Medicaid Services proposed June changes to the Medicare physician fee schedule intended to boost payments for evaluation... Read More >
Large boost to E/M work RVUs proposed in new rule
From Part B News www.partbnews.com You would see a boost to the work RVUs for the most commonly billed code to Medicare beginning in . That would raise the national... Read More >
Employee Loans
Employee loans are a bad idea……..they just spread more bad ideas – you get the picture. Read More >
Stark and Nuclear Medicine
FYI On November , , CMS issued a final rule that revised the definitions of radiology and certain other imaging services and radiation therapy services and supplies to specifically include... Read More >
The FISH philosophy for physician practices
Want some good customer training for your employees? Check out www.charthouse.com. The site has some great training videos based on the best selling FISH book series. FISH began in Seattle,... Read More >
CLIA brochure updated
The Clinical Laboratory Improvement Amendments CLIA brochure has been updated and is now available in downloadable format on the Medicare Learning Network s MLN Products page located at http www.cms.hhs.gov... Read More >
Education Training for Physician Staff
I am headed out today to Denver to attend and speak at the annual meeting of the National Association of Healthcare Consultants. Like me, your staff needs a certain amount... Read More >
National Provider Identification Number
Get your NPI now. Go to www.nppes.cms.hhs.gov/nppes and follow the prompts. Most providers get their NPIs the same day. DON’T DELAY……….. Read More >
Use of PAs and NPs a growing trend
Growing Need for Nurse Practitioners and Physician Assistants The demand for doctors is growing and the supply isn t keeping up. Hospitals have found a solution to the problem by... Read More >
HIPAA privacy law nets no fines
By Rob Stein Washington Post Staff Writer Monday, June , Page A In the three years since Americans gained federal protection for their private medical information, the Bush administration has... Read More >
S Corporation Health Insurance Deduction
IRS Health Insurance Deduction Rules Sole Proprietors vs. S Corp Shareholders In Chief Counsel Advice CCA , the IRS concluded that a sole proprietor purchasing health insurance in his or... Read More >
Health savings accounts
Health Savings Accounts Insights for Medical Group Administrators Here is an excellent article on health savings accounts by Elizabeth Johnson of the MGMA Communications Department. The article is titled Medical... Read More >
Medicare’s National Provider Identifier Information (NPI)
The NPI will replace the provider identification numbers that providers use today in the HIPAA standard transactions that they conduct with health plans. Those transactions include the electronic claim, eligibility... Read More >
Physician Leaving a Practice
Here is some good advice from a practice manager in North Carolina on what to do when a physician leaves your medical practice based on her own experiences Notify your... Read More >
Patient Appointment Reminders
I am going to the doctor today for my annual physical. It would have been nice if someone would have called me yesterday to remind me of my appointment it... Read More >
More Health Plans Carve Out Specialty Networks to Reduce Costs and G&A Burdens
Many managed care organizations have delegated behavioral health networks to an external party. Now, insurers increasingly are turning to vendors to administer networks of specialty providers for services as disparate... Read More >
How to prevent patient โphone rageโ
How to Handle Callers on Hold with Care Essential Tips for Excellent Customer Service Unavoidably, even the most well-trained, courteous phone staffer will need to put some calls on hold... Read More >
Massachusetts Adopts Universal Healthcare Coverage Package
Everybody is watching this one .. As widely reported, Massachusetts recently passed a comprehensive healthcare reform statute that by July , ensures healthcare coverage for all Massachusetts residents, including the... Read More >
Getting Physicians to Attend Meetings
Encouraging Physician Attendance at Monthly Management Meetings By now everyone should know the benefits that can be derived from holding monthly management meetings. But how do you get physicians to... Read More >
Have patients register online
You already know that the physician is a practice s most expensive worker, but can you identify your lowest paid workers? Don t bother looking in the file room or... Read More >
Adverse Events, Stress and Litigation: A Physician’s Guide
In the unfortunate case of a malpractice suit, learn how to go through the judicial stages of complaint, discovery, depositions, motions and delays that lead to trial or settlement. Written... Read More >
New Medicare enrollment forms released
The new CMS s are now available and must be used immediately the old enrollment forms have been deleted. Providers may download these forms from the CMS Web site at... Read More >
Medicare to go broke by 2018
Medicare s Financial Outlook Time to Reevaluate Your Retirement Plan The Centers for Medicare amp Medicaid Services CMS released its annual Medicare Trustees Report, which shows Medicare s financial outlook... Read More >
Reminder – CMS confirms 4.6 percent SGR cut in 2007 unless Congress acts
Are you preparing for future cuts in your cash flow???????????? The Centers for Medicare amp Medicaid Services CMS traditionally sends a letter to the Medicare Payment Advisory Commission MedPAC detailing... Read More >
Resist allocating staff costs to individual doctors
Why Allocating Staff Costs to Individual Doctors Can Backfire And When It Might Work Allocating staff costs to individual doctors frequently backfires There are too many situations where doing so... Read More >
Background checks for new physician employees
Why Ignoring Background Checks in Medical Practices is a Recipe for Disaster A recent Medical Economics www.memag.com poll asked the following question If a job applicant will be handling money,... Read More >
CMS Mailing Lists Fact Sheet
The Division of Provider Information Planning and Development DPIPD , within CMS Provider Communications Group, has released a job aid, titled Mailing Lists Fact Sheet, to inform providers about the... Read More >
E & M Services Guide and New Training Module Available on the CMS Web Site
CMS has announced the availability of the following educational products on the CMS Medicare Learning Network MLN Web site The electronic version of the Evaluation amp Management E amp M... Read More >
Reducing wait times in the physician office
Strategies for Reducing Patient Wait Times Insights from a Wall Street Journal Article There was an article in last week s Wall Street Journal about physicians trying to reduce patient... 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 >
