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Open Payments – Only 5.6% of physicians looked at their CMS records

Accounts Receivable - Get paid for your claims

The Centers for Medicare and Medicaid Services (CMS) announced last week that in 2016, only 5.6% of physicians nationwide reviewed their data under the Medicare Open Payments program. Under the Open Payments program, drug and medical device manufacturers are required to report their financial interactions with licensed physicians – including consulting fees, travel reimbursements, research Read more

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Digitize Your Medical Practice

Digital Check-in

Technology is advancing quickly here in the 21st century. As a result, medical practices should take steps to upgrade the technological capabilities of their practices with fast internet access, up-to-date software and computers, otherwise, they could be left behind. EFTs – Electronic Funds Transfers EFTs help you to receive your payments electronically from health plans. This Read more

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Advertising on Groupon Now Allowed

Social coupons in medicine

In September of 2016 Gov. Brown signed legislation that resolves a longstanding conflict concerning whether health care providers’ use of online marketing companies to advertise health care services constitutes fee splitting or payment for referrals, both of which are prohibited under state law. Assembly Bill 2744 (Gordon, D-Menlo Park) permits health care providers to advertise Read more

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HIPAA Compliant Email Vendors

Digital Check-in

With the latest Yahoo breach, encrypting your email is a great idea. As a medical practitioner though, you need to make sure that the people you’re communicating with are using the same email system as you are. You also need to make sure that you have a BAA signed with the email provider so as Read more

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8 Steps to Run a Profitable Medical Practice

Healthcare Consulting

How can you grow, serve more patients and keep your costs in check — all at the same time? In other words, how do you give great care and get paid every dollar you are owed? The following are 8 ways to grow your practice: Know Your Numbers Get Integrated  Go Paperless Be Mobile Automate Read more

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Can you collect 20% that Medicare does not cover from a Medi-Medi patient?

Billing Statement Doctor

The short answer is “No”. Both state and federal law provide broad protections to Medicare/Medi-Cal dual eligible individuals, and prohibit billing a Medi-Cal patient in most circumstances. California’s Department of Health Care Services takes the position that a physician should first bill Medicare and then bill the Medi-Cal program for the services. Only if the Read more

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The IRS Section 179 Extended

IRS Section 179

The IRS Section 179 tax deduction is designed to encourage business owners to invest in equipment or technology and can result in significant savings for your practice. And now, the deduction has been extended permanently, until further notice, allowing you to deduct up to $500,000 in qualifying expenses annually during the first year of ownership. Read more

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How to Handle Patient Request for Medical Records

Digital Check-in

A patient has a legal right to access his or her health record under HIPAA and state law. An oral, handwritten, faxed or emailed request from the patient or patient representative should be honored. Time Allowed to Complete Request The California timeline is shorter than the HIPAA timeline, so all practices must comply with the Read more

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Independent Contractors: Are You Classifying Exempt Employees Correctly?

Group of workers

A true independent contractor is a person who works independently of the owner, has a contract with the practice to perform special services and makes their own schedule. Practice owners should approach such work arrangements with caution. Most employee attorneys advise that employers should err on the side of caution and classify workers as employees. Read more

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Exempt vs Nonexempt Employee

Group of workers

Employee classification is an important and complex piece of being a business owner, and that applies to doctors who own a practice. By a general principle, exempt employees possess management and decision-making responsibilities as a majority of their essential job functions (51%). Unless an employee clearly meets the job duties of an exempt position, it’s Read more

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