Author Archive

Now is a Great Time to Review Your Practice Income Statement!

As we near the end of 2012 and look to the new year, now is the time to review where your practice is and look for opportunities to position for a successful 2013. When I work with groups on their reviews I always start with the financials. How are they trending? Are revenues and expenses

ACO’s, The Real Deal or Passing Fad?

We have all seen it over the years as the health care sector responds to the latest government initiative.  I wonder as the sector moves toward the ACO model, will it be with us long term?  When you look at what is happening with acquisitions of physician practices it does make me also wonder if

Leverage Your Practice to Generate More Revenue

I have said to many physicians, the best revenue is the revenue you did not directly generate.  That is where leveraging your office resources comes in.  A physician always thinks to generate more revenue they need to work harder but that is not always the case.  Diagnostics are an excellent source of indirect revenue.  Diagnostics

Sandy Makes Proper Vaccination Storage Difficult

First of all, I hope those that experienced Superstorm Sandy are safe and working on returning towards “normalcy.”  Personally, I’ve lived in New Jersey for 27 years, and this is by far the worst natural disaster I’ve lived through.  As bleak as things may currently seem for those hit the hardest, please know things will

ACO + Healthcare IT EHRs = Increase in Software Innovation

ACOs lower the cost of healthcare by merging healthcare services and streamlining the process for patients to receive medical attention. Many ACOs use Healthcare IT EHRs to improve on this process by providing automated systems that can maintain the work load of a typical provider and allow different providers easier access to a patient’s medical

Money Up front: ACOs and The Advance Payment Model

Anticipating relatively high start-up costs, the Innovation Center of CMS developed the Advance Payment Model (APM) to complement the Shared Savings Program.  The APM is a limited model available to smaller ACOs that generally serve rural-based areas; however, the ACO may participate in either Shared Savings Program track. In order to qualify as an APM

CMS Audit Program Stats

For those interested in reviewing statistics related to the CMS Recovery Audit Program, please check out this page.  Here you will find numerous updates to different CMS programs including the Auditing Program.  Two things I found particularly interesting on this page include the Recovery Program Audit Summary and the Audit Program Appeals Update. The summary

MTBC’s Highly Anticipated OB/GYN EMR

With the latest trends in medicine, OB/GYN care has become safer and more successful. Medical professionals are dedicated to providing up-to-date care for both pregnant and non-pregnant patients. OB/GYNs provide preventive care to women and have specific expertise in pregnancy, childbirth, and disorders of the reproductive systems. MTBC’s specialized EHR changes the face of care

OB/GYN EHR: Another Remarkable Achievement

Today’s science and technology developments have changed the process of examining a patient. The arrival of the OB/GYN EHR has made enormous differences to the efficiency of OB/GYN practices. This software illustrates many benefits of electronic health records. Obstetrics is the medical practice for pregnant women and Gynecology is the medical practice of diagnosing problems

RAC audits – The Benefit of a Single Source

The Center for Medicare and Medicaid Services (CMS) aggressive stance for Meaningful Use leads to the common conclusion that Electronic Medical Records (EMRs) are the future of maintaining healthcare data. EMR technology has greatly simplified medical billing submission and created robust tracking capabilities that weren’t available in the past. With this easier access to data