Concierge Care
According to the recent GAO report on the effects of concierge care on Medicare beneficiary care access, concierge care is an approach to medical practice in which physicians charge their... Read More >
Medicare Help for Physician Practices
New Email Service for Medicare Part B Inquiries from Trailblazer Health Enterprises Recently Trailblazer Health Enterprises, the Medicare intermediary for Texas and other states sent out the following announcement Medicare... Read More >
Credit Card Rates are Creeping Up
Credit Card Interest Rates on the Rise Key Insights and Financial Planning Tips An article in a recent issue of Medical Economics stated that the average interest rate for existing... Read More >
IRS Changes Standard Mileage Rate
IRS Increases Standard Mileage Rates in Response to Rising Gas Prices In response to the recent dramatic gas price increases, IRS has announced that the optional standard mileage rate has... Read More >
Growing Healthcare Concern
How Rising Healthcare Costs Could Impact Your Retirement Planning From the September issue of the Practical Accountant magazine According to two recent retirement studies by Prudential Financial, Inc., in Americans... Read More >
Three steps to deal with plan requirements for translation services
Three Key Steps to Navigate Translation Service Requirements for LEP Patients Here are three steps to deal with the plan s requirements for members with limited English proficiency LEP Step... Read More >
HcPro to Conduct Physician Practice Merger Audioconference
Mastering Physician Mergers Key Strategies and Insights for Success During Physician Mergers Strategies for Evaluating Opportunities and Avoiding the Pitfalls, a -minute audioconference, on September at pm Eastern , expert... Read More >
Survey: Med groups in the red despite compensation increases
Rising Compensation vs. Financial Losses in Medical Groups AMGA Survey Highlights A survey report commissioned by the American Medical Group Association AMGA found that while compensation is rising for some... Read More >
Evaluate new service-line opportunities
Considering Ancillary Services What You Need to Know Physicians now have more ancillary-service opportunities than before. You can legally operate and refer your own patients to a variety of in-house... Read More >
Aetna gives patients pricing in advance
Aetna s New Program Offers Price Transparency for Medical Visits In a move to to educate its patients and tame medical spending, Aetna said it will disclose prices in advance... Read More >
CMS Stark Law Advisory Opinion No. CMS-AO-2005-08-01
CMS Advisory on Stark Law Physicians Stock Ownership On August , , the Centers for Medicare and Medicaid Services CMS released its most recent advisory opinion concerning the application of... Read More >
A thought About Managed Care Negotiation
nbsp Simply put, you need to start a program of trying to renegotiate all of your managed care contracts I suggest doing them all at once . My viewpoint has... Read More >
Stark Law Update
Update New Stark Rule on Financial Relationships The following was recently published in Vinson Elkins www.velaw.com electronic healthcare newsletter STATUS OF NEW STARK RULE-On August , , the Office of... Read More >
Posting & Reconciling Payments
The following is an excellent policy for daily posting reconciliation this was posted on one of the MGMA listservs last week Mail payments are sorted as commercial, Medicare, Medicaid, BCBS,... Read More >
IRS Announcement regarding S Corporations
IRS Launches Study of S Corporation Reporting Compliance If your medical practice corporation has elected S status, this is for you IRS LAUNCHES STUDY OF S CORPORATION REPORTING COMPLIANCE IRS... Read More >
Deducting Unreimbursed Expenses by Physician S Corp Shareholder
Tax Court Ruling on Deductibility of Unreimbursed Business Expenses for S Corporation Shareholders Many physician shareholders in S corporations incur expenses out of their own pocket that do not get... Read More >
Book for Physician ASCs
Master Managed Care Contracting and Reap the Revenue Rewards Master the art of managed care contracting and reap the revenue rewards with this book Managed Care amp Ambulatory Surgery Strategies... Read More >
Take decisive steps away from mediocrity
Elevating Your Practice Through Customer Service Excellence Customer service excellence will make your practice stand out in a competitive marketplace. To achieve maximum patient satisfaction, take the four following steps... Read More >
Physician Office Manager v. Administrator
Whats is the difference between an Office Manager and an Administrator? There was a thread in a recent MGMA listserv regarding salaries for an office manager versus one for an... Read More >
Customer Service Traing Product for Physician Office Staff
Elevate Your Physician Office Staff Training with It s a Dog s World Program Looking for a good training program for your physician office staff, check out It s a... Read More >
Get proof that member voluntarily authorized billing auto insurer
Avoid Payment Disputes Risks of Billing Auto Insurers First It s a growing trend for providers to bill treatment of a member injured in an auto accident to the member... Read More >
2006 Proposed Medicare Physician Update
From Part B News www.partbnews.com The proposed physician fee schedule appears in next Monday s Federal Register. RBRVS FeeCalc gives you a preview of what s in the rule here,... Read More >
Identifying hidden cost problems in Physician practices
Hidden Costs in Medical Practice Management Whether you directly measure it, every activity taking place in your practice has its own cost. Some are easy to identify others such as... Read More >
Medicare CAP Drug Program Delayed
Medicare CMS Suspends CAP Vendor Bidding Process for Review and Updates In an announcement this week from Medicare CMS Effective August , , CMS is suspending the current CAP vendor... Read More >
Whistleblower alleges Medicare fraud at Florida imaging centers
A Florida radiologist has been named as a defendant in a whistleblower lawsuit alleging Medicare fraud though improper lease arrangements, kickbacks, and upcoding. The lawsuit was brought against Dr. Fred... Read More >
’06 Medicare payment cuts to doctors proposed
From the August edition of the Houston Chronicle The federal government proposed on Monday reducing payments to doctors through Medicare by about . percent next year. The reduction is mandated... Read More >
Three steps to avoid accepting partial payments from plans
Protect Your Practice Steps to Avoid Losing Full Payment on Claims Some health plans put the words payment in full on reimbursement checks that are made out for less than... Read More >
House Passes Malpractice Limits
House Passes Bill to Limit Damages for Medical Malpractice Legislation that would limit damages for medical malpractice has passed the House for the third consecutive year. The bill, approved Thursday... Read More >
Diabetes Screenings Now Payable
Medicare Billing for Diabetes Screenings Remember that diabetes screenings are now payable by Medicare. You can bill Medicare twice per year for pre-diabetic patients and you can bill once a... Read More >
Invite the right physician associates into co-ownership
The Importance of Thoughtful Co-Ownership in Medical Practices Partners intent on staying independent must still offer new physicians the opportunity to become co-owners. Adding new partners clearly holds value. Having... 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 >
