money

CMS adds flexibility to its revised Medicare reimbursement program
CMS adds flexibility to its revised Medicare reimbursement programFollowing feedback from physicians, The Centers for Medicare & Medicaid Services (CMS) announced Thursday it will allow providers to choose the level and pace at which they comply with the rules for the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).
Female doctors earn $20K less than male colleagues
Female doctors earn $20K less than male colleaguesThe findings may not come as a surprise to many in the medical community like Miriam Laugesen, MD—an associate professor of the Columbia University Mailman School of Public Health—but even the smallest disparities build up in the bigger picture, she explains.
Top 3 warnings to medical providers from the fall of retail
Top 3 warnings to medical providers from the fall of retailThis is a call to action for all doctors. Practice owners are now facing many of the challenges small retailers in America faced not too long ago. Consumer demand has shifted the landscape in favor of larger product selection with online access. Doctors are being forced to adapt to the new rules of the game or get left behind.
Why physicians may want to apply for the CPC+ program
Why physicians may want to apply for the CPC+ programThe unveiling of a new alternative primary care payment plan by the Centers for Medicare & Medicaid Services (CMS) comes with several considerations—financial and otherwise—for practices considering participation in the five-year program.
MIPS explained: 4 categories physicians must master
MIPS explained: 4 categories physicians must masterNew Medicare payment system still coming into focus, but practices should act now.
Smart practice collections can strengthen practice finances
Smart practice collections can strengthen practice financesAs medical groups continue to struggle in today’s complex and changing healthcare business environment, there is a rise in the number of these groups submitting bankruptcy filings across the country. These bankruptcies are not the result of malpractice suits in favor of the plaintiffs and have little to do with medicine or the business of healthcare.
White doctors earn more money than black physicians, study finds
White doctors earn more money than black physicians, study findsThe disparity in pay between blacks and whites has been well documented over the years, with sociologists imputing everything from systemic discrimination to differences in education and employment expectations for the inequality in paychecks.
EHR-enabled fraud remains a concern
EHR-enabled fraud remains a concernWhile the Centers for Medicare and Medicaid Services (CMS) estimates that nearly $29 billion of improper payments were made in 2015, according to spokespersons for the Office of the Inspector General (OIG) and CMS, the full extent of EHR fraud remains elusive.
Top 8 tips to reboot your practiceWith all the pressures facing independent practices—from adjusting to value-based payments to meeting the growing demands of patients—business innovators may provide some key practice management lessons.
How physicians can improve coding and increase revenueFive areas physicians should keep an eye on to optimize reimbursement for the remainder of 2016.