May 2017

Penny-Wise, Pound-Foolish

Most physician practice leaders are cost conscious.   Many practice administrators, and sometimes other key personnel, are rewarded with bonuses or other incentives based on their cost effectiveness.  The basic accounting formula is:   Revenue – Expenses = Net Income So, if physicians reduce expenses, the result...

Complying with your Medical Billing Compliance Plan

You may recall our blog from August 16, 2016 titled “The Importance of a Coding Review”, where we discussed the Office of the Inspector General (OIG) has taken a higher focus on medical practices that have an active compliance plan.  If you are the Compliance...