Deadlines Healthcare Providers Must Know About! – Part Two

Employee Health Insurance: In 2013, healthcare providers must decide whether to provide employee health insurance.  If you have 50 or more employees (eps), you must have an employee health insurance scheme? plan?, or pay a $2,000 fee for each employee above 30. (So 50 eps – 30 eps = 20 eps X $2000 = $40,000)

Deadlines Healthcare Providers Must Know About! – Part One

E-prescription: February 28, 2013, is the last day to submit claims to reap the 1% bonus payment for Medicare patients that were successfully e-prescribed to in 2012. Meaningful Use: February 28, 2013 is the last day to complete attestation for payment year 2012. Keep in mind that 2013 and 2014 are the remaining years for

Healthcare Salad Dressing

 In our world there are certain times when completely opposite things are forced to work together in order to provide a necessary, and usually beneficial, outcome.  An example of this is a simple salad dressing: oil and vinegar.  No matter how often one may shake a container holding both oil and vinegar, eventually, the two

Health Information Exchanges: They are coming, but is your Office Ready?

Industry-wide electronic health record (EHR) utilization brings with it exciting promises of improved quality of care, increased efficiency and reduced cost. However, the full positive impact of EHR utilization will not be truly realized until providers and entities are seamlessly sharing health information in such a manner as is facilitated by health information exchanges (HIE).

Long Term Planning for Practices- ICD-10

What better time than the beginning of the new year to plan for events far out in the future. One such event for your practice may be planning for the implementation of the ICD-10 code series set to be implemented by October 1, 2014. Below are some brief tips on how to plan: Identify the

My New Years’ Resolution: Earn A Meaningful Use Bonus (Part One)

Whether you have yet to start using an EHR or have already adopted an EHR and earned a bonus, you may want to seriously consider adding “I will earn a meaningful use bonus” to your list of to-do’s for 2013. If you have not yet adopted an EHR, it’s not too late.  While the first

If you are a Specialist it’s all about the New Patients

As we begin the New Year it is important to pay attention to your practice metrics, especially if you are a specialist. With a specialty practice it is all about the new patient visits.  As you monitor monthly activity the new patient visits drive your practice volume.  With many specialty groups, high dollar diagnostics and

Increasing Your Practice Revenue in 2013

It goes without saying that practices, in the very least, should review their finances at the conclusion of the year.  In addition to simply reviewing the final financial numbers, practices should really take the time to go deeper and analyze the results.  Did you receive an increase or decrease in payments?  Was it because you

A Look Back and a Step Forward

As the year comes to a close, many providers look back and measure their strengths, weaknesses and plan for a successful New Year. MTBC offers its providers unique tools to measure critical markers for a practice with our web-based practice management service, PracticePro™. Below are a just a few of the reporting tools available through

Medicare Continues Focus on Technology and Increased Patient Care

While the US healthcare industry awaits action from Congress, a look at the 2013 Medicare Fee Schedule reinforces Medicare’s movement towards more efficient patient care.  Review our recent blog posts; the vast majority of them are about Electronic Medical Records, Meaningful Use, and ACOs.  The same policy resonates throughout: efficient and increased patient care.  EMRs