As the last 90 day reporting period for 2013 rapidly approaches, those that have not attested for Stage 1 may be evaluating whether to do so before year’s end or look ahead to 2014. Those that have attested are likely ramping up for Stage 2. In either case, there are a number of changes to […]
The transition to ICD-10-CM represents much more than just an increase in codes and field sizes. The scope and complexity of the transition are significant and should not be underestimated. Although the transition will impact many systems, processes and people, let’s focus for a moment on the impact to physicians.
August 8, 2013 Have you already spent the incentive payment you’ve received? If so, then you may want to consider this: The odds of getting audited by the IRS in your lifetime are approximately 1 in 100. The odds of getting a meaningful use audit by CMS as related to your incentive payment(s) can be […]
Have you considered the benefits of adding a concierge medicine practice to your current business or perhaps switching over entirely? 3 reasons why physicians are considering concierge medicine. 1. Popularity The number of physicians in concierge medicine remains small, but it’s growing rapidly. In 2012 there were 4,400 private physicians practicing concierge medicine, a 25% […]
July 23, 2013 Are you finding that your practice’s fees are below other similar specialties in your area? On your insurance payments, are you noticing that the carriers are occasionally reimbursing your practice 100% of the billed amount? If you answered yes to either of the two questions above, it may be time to complete […]
June 28, 2013 There are things to consider when bringing on a mid-level provider, first be clear on what you are trying to achieve. Is it increased revenue, better life style, or more face time with patients? With some planning each of the above can be accomplished. If increasing revenue is your goal, bringing in […]
In the bustle of EHR implementation to meet compliance with the HITECH Act and Meaningful Use, there are EHR go-lives happening every day in all parts of the country. As EHR implementation experts’ clients are constantly asking, “How did you do this before? What can we learn from others? What is the magic bullet to […]
High deductible health plans and higher copays have driven practices to focus more attention on collecting large outstanding patient balances. For many practices, patient collections accounts for 20-30% of their overall revenue, so it’s more important than ever that the practice staff be comfortable with and trained on how to collect overdue self-pay balances. 5 […]
3 areas which can cause your interface project to fall out of range Except for Registration (ADT in HL7 vernacular) interfaces, Result (ORM) interfaces are the next most commonly implemented interface making them old hat to many. However adding connections to additional labs, system upgrades, and initial rollouts for those not yet connected continue to […]
Have you thought about expanding your current services or adding a new one? There are many reasons one might consider doing this and they range from, providing a needed service to the community, to economic reasons. If you’re starting to go down this path, the first thing you will need to conduct is a health […]