November 21st 2024
Here are three strategies to face the dual challenge of improving patient health while controlling costs.
November 21st 2024
November 14th 2024
Observation codes: When to use initial vs subsequent
October 10th 2016Q: We are a private practice that has several physicians who follow their patients in the hospital. There are times that the patient is in observation, and they are called to help decide whether to admit them or not. Should our physicians bill initial and subsequent observation codes for these visits?
Divided Congress comes together to fight opioid abuse
October 10th 2016octors groups are applauding newly-approved national legislation to fight opioid abuse while calling for more funds to implement many of the bill’s programs. The Comprehensive Addiction and Recovery Act of 2016 (CARA) passed both houses of Congress in July after Democrats backed off their demands that higher levels of funding be included in the bill.
Why are medical bills so hard to understand?
October 8th 2016It’s come to this: healthcare entities have so successfully bamboozled American consumers with their wacky bills and lack of pricing transparency, compounded with robbing middle-class Paul to pay uninsured Peter, that a chirpy contest for entrepreneurs-yes, a call for people to start an entire business to decode medical bills-is the best chance the American people have.
Why physician burnout happens and what we can do to prevent it
October 1st 2016There’s no doubt about it: Physician burnout is real and it affects an alarming number of us across the nation. While physicians focus on their patients, the practice environment is filled with invisible stresses that weigh on physicians and cause burnout.
Doctors spending over $32,000 on health information technology
September 28th 2016Medical groups need to spend a lot of money to outfit, maintain and manage health information technology in their practices-more than $32,500 per year in for every single full-time doctor in the practice, according to a recent study.
MACRA flexibility changes draw praise, but providers must move forward
September 26th 2016Industry trade groups and experts are voicing approval of the announcement from the Centers for Medicare & Medicaid Services (CMS) that it would allow providers to choose the pace at which they comply with the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).
Understand incident-to: 6 tips when billing for time spent
September 25th 2016The question keeps coming up as to whether my nurse practitioner can bill incident-to while counseling patients and bill based on time spent counseling. I get mixed reports on this. What is the answer? Can they bill by time?
Get your house in order before a practice transaction
September 25th 2016Before selling your practice, bringing on a new partner or investor or entering into a new practice management relationship or joint venture, you should first determine if there are any business or regulatory risks present in your practice, as they could jeopardize your transaction or put a portion of your proceeds at risk.