SCOTT RIFKIN, M.D. Maryland’s new Medicare waiver is bringing a needed sea change to healthcare in this state, and also presents a host of new challenges and opportunities for providers. The original intention of the Maryland waiver was to set hospital rates that all patients would be required to pay. This all-payer system prevented cost […]
Category Archives: Solutions
Revenue Cycle Management (RCM) is the supervision of administrative and clinical functions that contribute to the capture, management and collection of patient service revenue. Understand RCM and capitalize on improvements.
Gardiner & Appel Group, Inc. provides insight into tax changes physicians should prepare for when planning 2013 tax return. Physicians should consult with their tax advisor for additional changes that may affect their practice.
By: Keith I Levitt, CFP® Physicians are often in higher tax brackets, making the tax implications of their investments especially important. If your portfolio isn’t tailored for tax efficiency, you could be costing yourself tens of thousands of dollars. A recent study charted U.S. investment performance from 1926 to 2011.1 It found the average annual […]
With real estate occupancy costs among the largest overhead expenses in any practice, physicians should recognize that their lease is actually a desirable asset to any prospective landlord.
By: Brenda Brouillette , RN, BS The reputation management buzz in the healthcare industry, and more specifically surrounding physicians, is growing at tremendous speed. Physicians must understand what is necessary to portray and maintain a solid image to build their practice. So what is Reputation Management? It is your online image being monitored, managed, and […]
By: Craig Law Stage 2 Meaningful Use begins as soon as 2014. You could have less than a year to be ready, and starting 2016, Medicare will initiate annual reimbursement reductions for all those providers who do not attain Meaningful Use. Practices must report both quantified data (e.g., how many e-prescriptions were sent) and qualified […]
Far too many patients experience a “cranky receptionist” or “poor bedside manner” while visiting their doctor’s office. Now, more than ever, customer service and patient satisfaction need to be top priorities.
By: Cindy Friend, RN, BSN, MSN, MBA/HCA The dire need for reform of the current healthcare system has prompted one of the most unprecedented healthcare delivery transformation efforts in U.S. history. Healthcare leaders recognize that a patient-centered medical home (PCMH) integrated, accountable care organization (ACO) that utilizes health information technology (HIT) in a meaningful way […]
By: Constance W. Helms In today’s complex and competitive health care marketplace, marketing is essential for a physician practice to succeed. While the majority of physicians realize the importance of marketing their practices, most are at a loss as to where to start. When many people hear the word marketing, they think of marketing tactics…things like advertising, […]