Practice Management

Latest News


Medical Economics Insider: Save your practice

Check out our inaugural edition of our interactive publication, featuring in-depth reporting, expert insights, exclusive data, and more!

Medical Economics Insider: Save your practice


Treating Medicaid patients

The provider that accepts a large number of Medicaid patients and makes it work for his or her practice is much like the fabled unicorn: there are rumors that they exist, but no one has actually seen them.

Regardless of how well physicians or their coders understand the new coding system, practices will not fare well on reimbursement unless their providers can document encounters in sufficient detail to support the new codes.

Becoming a PCMH

Becoming a PCMH is more than just a change in the way a practice is reimbursed. It is a change in the medical culture.

Thirty-six states have “apology laws” that prohibit certain statements or expressions of sympathy by a physician from being admissible in a lawsuit. Experts in the field say that while the laws may help some physicians feel more comfortable about expressing empathy, they aren’t really necessary to avoid lawsuits. Instead, good patient-physician relationships and open disclosure are the keys to responding successfully to a bad outcome.

Responding to pressure from physicians, hospitals and lawmakers, the Centers for Medicare & Medicaid Services (CMS) plans to give electronic health record (EHR) users more flexibility in meeting the requirements of its meaningful use program.

As of November 1, 2014, only 2% of eligible professionals had attested to Meaningful Use 2. This is not good news for thethousands of independent physician practices that rely on Medicare payments: the Center for Medicare Services is slated to handout 1% penalties this year for MU2 slackers

Here are seven strategies your practice can use to make sure you meet all the requirements of the MU program should the auditors come calling, and ensure you can keep the incentive money you earned.

As medical practice owners continue to ready their practices for International Classification of Diseases-10th revision (ICD-10) implementation in October, lawmakers are still undecided as to whether another delay will be included in sustainable growth rate (SGR) legislation slated for the spring.