Practice Management Tips & Resources

Practice Management Tips and Resources

Data Updated for CMS' Open Payments System

Last September, the Centers for Medicare & Medicaid Services (CMS) launched its Open Payments System that, under the Affordable Care Act's Sunshine Act, publicizes payments that providers receive from pharmaceutical and medical device manufactures, to promote transparency...

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An ABN Doesn't Allow Reimbursement for Bundled Procedures/Services

You should present Medicare patients with an Advanced Beneficiary Notice (ABN) only if the provider believes that Medicare may deny an otherwise covered item or service. If the patient is not given this advanced notice, providers may not shift financial...

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Stop Embezzlement in Your Practice

Embezzlement is a real concern when running a medical practice. MGMA data conclude that most embezzlement schemes continue for six months, or more, before they are discovered. In that time, a lot of theft can occur. Consider these tips to protect your ...

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