12/17/2013· Medical Practice Management
Build a Culture of Accountability In Your Medical Practice
By: Reed Tinsley
Former New York City Mayor Ed Koch gained many fans among the voting public when news cameras caught him shaking New Yorkers' hands and greeting them with, "I'm Ed Koch. How am I doin'?" That warm gesture and short phrase characterized him as a public servant who felt accountable to ordinary citizens - in spite of his powerful position.
11/14/2013· Medical Practice Management
External Chart Audit Offers Cost-Effective Peace of Mind
By: Reed Tinsley
Your office manager and billing staff periodically audit claims to assess whether your doctors code accurately. But how do you know that they know what they're doing? Spending several thousand dollars to bring in and outside consultant can be an expensive way to confirm that your practice is doing a good job coding. A far less expensive way to obtain some coding peace of mind:
10/17/2013· Medical Practice Management
Coding Trends of Medicare Evaluation and Management Services
By: Reed Tinsley
In May 2012, the Department of Health and Human Services Office of Inspector General (OIG) issued a report entitled "Coding Trends of Medicare Evaluation and Management Services." This study was conducted because between 2001 and 2010, Medicare payments for Part B goods and services increased by 43 percent, from $77 billion to $110 billion.
10/1/2013· Medical Practice Management
When Was The Last Time You Reviewed Your Personnel Manual From A Legal Standpoint?
By: Reed Tinsley
While not intended as a legal document, did you know your personnel manual may have the force of an employment contract? If you haven't done so in a while, or not at all, review it to be sure it won't cause unintended problems. Like many other physician contracts, personnel manuals often do not get an annual review; they get stuck in a drawer never to be looked at again until an employee leaves the practice and a problem arises.
9/6/2013· Medical Practice Management
Employee Theft In a Medical Practice: If You're Going to Make It, Make Sure You Keep It
By: Reed Tinsley
As a CPA and healthcare consultant, one of the things that continues to concerns me is employee theft within a medical practice (or any other healthcare entity for that matter). You trust your staff, right? You know them to be loyal and dedicated individuals who would never steal from the practice, right? Unfortunately physician practices are no less at risk of employee theft than any other business.
8/14/2013· Medical Practice Management
Are You Paying Attention to Your Coding Practices? You Better Be!
By: Reed Tinsley
Many physicians were once content (and a few still are) to let their coders select their codes for billing purposes. At a time when enforcement authorities have some heavy-duty technological weapons for identifying improper billing, physicians can no longer avoid learning the billing rules applicable to their services.
7/29/2013· Medical - Medicine
Prevent Merger Mishaps with Careful Planning
By: Reed Tinsley
So you've decided to enter into a merger. First of all, congratulations for taking control of your future and addressing a changing healthcare environment in a proactive manner. You've obviously completed tireless hours of feasibility analysis and chosen your partners with the utmost care.
7/11/2013· Accounting
Accounts Receivable Statistics: A Quick-Check Guide
By: Reed Tinsley
Administrators produce pounds of paper as part of the month-end close process. Typically, buried deep within these reports lies the key to Accounts Receivable (AR) performance. These statistics are usually filed away with other documents, often without analysis. This is not to say that they are unimportant, but who has the time?
6/19/2013· Medical - Medicine
Do Your Due Diligence Before Adding Ancillary Services
By: Reed Tinsley
Ancillary services are becoming an increasingly important source of medical practice revenues.
5/24/2013· Medical - Medicine
Tips To Keep In Mind When Negotiating A Managed Care Contract
By: Reed Tinsley
It is one thing to want to negotiate and another thing to know HOW to negotiate. However, the first step in this process is to understand the do's and don'ts of a negotiation - Here they are:
by Ray Turner, EdD
by George O. Waring, MD, FACS, FRCOphth & Howard M. Lebowitz, MD, FACS
by Bill Mohlenbrock MD
