Youtube Channel
"Advocate. Market. Elevate."

The IRS Section 179 Extended

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

Read full story

How to Handle Patient Request for Medical Records

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

Read full story

Independent Contractors: Are You Classifying Exempt Employees Correctly?

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

Read full story

Exempt vs Nonexempt Employee

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

Read full story

How to Achieve Success through Key Performance Indicators (KPIs)?

STEP 1 – Assess your Current Situation Look for opportunities to analyze your progress. By tracking and comparing key performance indicators, or KPIs, you can identify and address issues with productivity, reimbursement, claims submission, and other processes. Days to final bill—number of days from the time of service until provider generates and submits a claim Read more

Read full story

Digital Check-ins – Is it right for you?

Dedicated check-in kiosk or tablets allow patients to digitally check in for their appointments when they arrive for their appointments. This process is best suited for practices: With decentralized registration, With poor co-pay or time of service collections Struggling with performance of registration staff Having high staff turnover The process includes: Collection & verification of Read more

Read full story