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CFO Trapped in Bookkeeper’s Software – Claims Rejection by Billers

Posted on December 12, 2013 By Michael Sculley

As a medical billing service, it’s hard to soar with the eagles when your billing software is a turkey. Turkey software is the kind that gobbles up all your time, keeps you pecking around in data entry, and offers no way to help your clients stuff the financial holes so common in manual proces...

Practice Management

A Crime of Opportunity – Theft In Medical Practices

Posted on December 10, 2013 By Michael Sculley

Reports of employees stealing from a medical practice are nothing new (although they do seem to be on the rise). What’s interesting is that physicians are invariably shocked by these events. One reason is that staffers and clinicians work side by side, so practices feel more like a family than a f...

Practice Management

41 Millions Medical Claims Rejected by Medicare in 1 Day

Posted on December 9, 2013 By Michael Sculley

The AAPC reports that Medicare receives 500 million paper claims each year, but just about everything being written about ICD-10 focuses on the Oct. 1, 2014 deadline when all electronic claims must be submitted with the new codes. But there’s an earlier deadline that many practices need to focus o...

Practice Management

Heathcare Megatrends: Prepare for the New Year [Medical Billing Tips]

Posted on December 3, 2013 By Michael Sculley

As the new year arrives, it’s a great time to step back and review overall strategy. We’ve got the perfect tool to help you with that: Manatt Health Solutions’ “10 Megatrends Shaping Healthcare’s Next 10 Years.” Manatt, a law firm with offices across the country, is predicting cultural, ...

Practice Management

Why Your Most Dedicated Employees May Be Stealing From You

Posted on December 2, 2013 By Michael Sculley

It’s human nature to assume the staff we hire and work closely with are honest and trustworthy. They’re almost like family members—they would never steal from us, right? It might surprise you that you can’t always trust the people closest to you. As B.J. Hoffman points out in two thoug...

Practice Management

ICD-10 Testing: Time to Get Real for Medical Billers

Posted on November 27, 2013 By Michael Sculley

As we get close to the end of the year, there are conflicting calls from various groups regarding ICD-10. Last week, the American Medical Association called for a delay, citing costs between $83,000 and $2.7 million per practice to implement. This week, the American Hospital Association warned that ...

Practice Management

Is that Sound Opportunity Knocking for Medical Billing Services?

Posted on November 26, 2013 By Michael Sculley

One of the hardest tasks for small business owners is taking a step back to evaluate their business by looking at where the industry is, where it’s going, and where the opportunities are. So let’s take a moment to do just that. We’ll start with the fact that the outsourced billing sector is gr...

Practice Management

Why You Don’t Have Enough Money in the Bank to Ride Out ICD-10

Posted on November 25, 2013 By Michael Sculley

We already know that the ICD-10 transition is going to be disruptive, but the worst news is that even providers who do everything right are going to experience cash flow issues. Earlier this year, Medical Practice Insider published an article drilling down into the financial implications of the chan...

Practice Management

These HIPAA Issues Can Trip You Up, or Worse, Land You in Court

Posted on November 20, 2013 By Michael Sculley

Understanding examples of HIPAA violations will help you avoid falling into similar scenarios. In October, AHMC Healthcare in Alhambra, CA, reported that health information on 729,000 patients was compromised due to the theft of two laptops. Last year, an Arizona physician agreed to pay $100,000 to ...

Practice Management

Why ICD-10 Will Rock Your World

Posted on November 18, 2013 By Michael Sculley

The oncoming transition from ICD-9 to ICD-10 is mandatory. Understanding the reasons why will ease the pain for practices as they budget and plan for the changeover. Here are a few reasons why ICD-10 is a great transition. ICD-10 is more logical than ICD-9. According to CMS, the structure in I...

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CFO Trapped in Bookkeeper’s Software – Claims Rejection by Billers

A Crime of Opportunity – Theft In Medical Practices

41 Millions Medical Claims Rejected by Medicare in 1 Day

Heathcare Megatrends: Prepare for the New Year [Medical Billing Tips]

Why Your Most Dedicated Employees May Be Stealing From You

ICD-10 Testing: Time to Get Real for Medical Billers

Is that Sound Opportunity Knocking for Medical Billing Services?

Why You Don’t Have Enough Money in the Bank to Ride Out ICD-10

These HIPAA Issues Can Trip You Up, or Worse, Land You in Court

Why ICD-10 Will Rock Your World

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