1. Make 2025 the year you stick to the rules (yours and CMS’).

Start with Routine Foot Care (feel free to search the resource library for “Notice to Patients Regarding Routine Foot Care’ and ‘Surgical Scheduling Policy’). Next move onto your Financial Policies. Last week we sent one example and below is another involving deposits taken from patients prior to scheduling surgery. Many other sample policies and forms are available in the PPA member library and are easily editable!

2. In light of the recent pause in filings (a story for a much longer email), the Financial Crimes Enforcement Network has extended the deadline to file for entities created prior to January 1st 2024. You now have until January 13th 2025 to file your initial beneficial ownership information (BOI) report. I realize or hope that most have completed this already (it takes about 10 minutes per entity) as the previous deadline was December 31st, but just in case, here is the direct link to complete your practice’s BOI report.