Published Communications
Take Out the Trash Before Christmas Break
With Christmas Eve on Tuesday and Christmas and the first night of Chanukah on Wednesday, this week may be a short one for you and your staff. With that in mind, I’ll keep this week’s “to do” simple. . . Clean out the fridge: Throw away the leftover takeout box that’s been in there since…
Get Your Act Together
As we approach the end of another year, let’s check some “to dos” off the list that we may have been putting off. These aren’t difficult or overly time consuming. Just one more thing to add to the busy calendar of the holiday season. But first. . . Can we address the actual calendar? No,…
Lowering Rejection Rates
Keeping rejection rates as low as possible is important (5% or less; I used to say 3%, but payers often reject for no reason banking on the fact that you are too busy to follow up) The #1 reason for rejection continues to be SIMPLE HUMAN ERROR so train your staff to be diligent in…
Deep Dive into Receivables
If you haven’t done so already, employ the help of your biller, billing company or a seasoned administrative staff member to clean up both insurance and patient aging. Start with insurance aging to ensure patient balances are correct before attempting to collect one last time this year. Begin by running two separate reports. In both…
Comply with BOI and File your Company Info with FinCen
Comply with the Beneficial Ownership Information (BOI) reporting rule and file your company information with the Financial Crimes Enforcement Network (FinCen) The rule applies to companies created or registered to do business in the United States before January 1, 2024. These companies must file by January 1, 2025. According to FinCEN’s website, a person who willfully…
Why Not Claim Another MIPS Exception?
Those of you who read my emails and attend or watch/listen later to my webinars (now available on the SoundCloud App so there is no need to be confined to a screen as you learn about relevant practice management and planning for the future) are aware of my feelings about MIPS…If I were a physician…
