In Billing
Mar 12th, 2019
Physicians and practices are being snatched up by hospitals at an ever increasing rate, according to an advocacy group and as consulting company, and this may have an impact on medical coding in around 80,000 hospital-owned practices. Hospitals Racing to Acquire Data compiled by Physicians Advocacy Institute (PAI) and consulting company Avalere Health indicates hospitals ...
In CMS
Oct 10th, 2018
The Department of Justice preliminary OK’d the merger between pharmacy giant CVS and insurance stalwart Aetna. What does this new model of healthcare mean to medical coders and the industry? CVS & Aetna Symbiotic Partners Aetna will take advantage of CVS’ huge network of locations, all of which distribute pharmaceuticals and most of which have some level ...
A practice may either purchase or lease new equipment. Both options provide benefits, and decisions usually are made on a case-by-case basis. Advantages for Leasing Equipment Leasing equipment allows a clinic to acquire equipment with little up-front expenditure, which is helpful if cash flow or credit is weak. Generally, you can deduct lease payments as ...
Sep 18th, 2012
Want to keep your reimbursement costs for services down? Buy or affiliate with the service providers. Payers pressured by the Affordable Care Act (ACA) to keep costs low are looking to ambulatory surgery centers (ASCs)—already low-cost providers—as acquisitions. While this trend has grown over the past few years with payers like Kaiser Permanente and Geisinger, ...
Jun 1st, 2010
By Dorothy Steed, CPC-H, CHCC, CPC-I, CPUM, CPUR, CPHM, CCS-P, CEMC, CFPC, ACS-OP, RCC, RMC, PCS, FCS, CPAR, CPMA Hospital systems buy physician practices, and offer physicians lucrative deals to include regularly-scheduled hours, salary plus incentives, and payment of malpractice premiums. For those physicians who have become weary of business administration responsibilities, or who desire ...