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.
4/22/2013· Medical Practice Management
The Importance and Economics of Utilization and Outcomes
By: Reed Tinsley
In order to compete in a market that is moving towards ACOs, value-based purchasing, cost efficiency, and cost containment, doctors must change old clinical habits.
3/19/2013· Medical Practice Management
Daily Operations and Managed Care in a Physician's Office
By: Reed Tinsley
After a managed care contract is signed, it is important to make sure the office handles these payors correctly, handles their patients correctly, and makes sure the office continues to operate efficiently.
2/6/2013· Medical Practice Management
Be Certain Staff Knows Your Revenue Cycle Management Processes
By: Reed Tinsley
Does your staff really knows what "revenue cycle management" means or is? I am constantly advocating the importance of training your entire staff to understand how their job functions affect cash flow. There are many points of entry into the revenue cycle at your practice. Be sure your staff knows all of the following:
11/27/2012· Medical Practice Management
Physician Owner Agreements: Identifying and Addressing Five Risk Areas
By: Reed Tinsley
As most readers will be well aware, every group practice should have agreements providing the terms of employment of the physicians as well as terms related to the consideration the physician is to receive when he or she leaves the practice, whether by death, disability, retirement or otherwise.
by Joe Carlen
by Gary Vallen, Jerome J. Vallen
by Catherine A. Ghiglieri and Jewell D. Hoover
