Three health insurance companies have come forth with lawsuit settlement proposals promising more favorable reimbursement practices and significant changes in their reimbursement policies and procedures, which physicians had tried to get them to implement, without success, through contract negotiations and through legislative channels.
Read More »Asset allocation for long-term investing
Your individual investments will respond at different times, dependent on the many factors related to the economic cycle. Knowing that these patterns are cyclical, you must give your portfolio the necessary time to participate in these various cycles.
Read More »Segregate building costs and capture savings
Cost segregation studies – a means of breaking down total building costs and categorizing them into structural and nonstructural assets – are designed to accelerate income tax depreciation deductions, providing you with maximum cash flow.
Read More »Legal guide for selling a medical practice
You have the opportunity to control the transaction and the way in which your transition to retirement or a new career is handled.
Read More »Information technology in the medical practice
Just why is it that the practice of medicine is one of the few businesses today that still keeps the majority of its customer information in paper file folders? And how can a practice ensure that when it is ready to automate, it is making the best possible decisions?
Read More »Physician shortage in Pennsylvania?
There is still no consensus among researchers on two key questions: (1) Is the number of Pa. physicians dropping? and (2) At what point would that lead to a physician shortage?
Read More »Protecting your accounts receivable
Most of the ways doctors have been implementing this strategy is very troublesome. This is one area where you must "do it right" or risk extremely costly negative tax consequences.
Read More »In-office imaging center investment
The greatest and most efficient way to enhance a practice, especially for primary care physicians, is through procedures and diagnostic testing.
Read More »Risk assumption in shareholder buyouts
Many practices' shareholder documents call for buyout formulas/prices which are unrealistically high in today's weaker health care economic climate.
Read More »HIPAA’s rules link privacy and security
It would be wise for physicians to integrate the security measures required under the Security Rule into their current Privacy Rule policies.
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