Businesses Now that we have turned the calendar to a new year, it is that time again to begin planning for the completion of your tax returns and other year-end work. Yes, you have several months until your returns are due, but so does everyone else. That is why it is important for you to beat the rush. To get started, ask your accountant for an information request list. … [Read more...] about Best January Tax Tips 2020
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The Parking Lot Problem
We built our office and grew our practice. Now, after several years of searching, we finally found the perfect physician to join our still growing practice. Adding her to the practice opened up a new specialty and took the pressure off our long waiting list. It was wonderful, until the problems started. No, we didn’t uncover some horrible dark side to our new … [Read more...] about The Parking Lot Problem
The Credentialing Process for Insurance Carriers
Requirements for credentialing with both governmental and private insurance have expanded over the years. It is vital to keep this information up to date and maintain your insurance credentials. Concierge physicians may not need to worry about this as much, but most patients want and need their insurance to cover their medical expenses. Likewise, physicians need to be … [Read more...] about The Credentialing Process for Insurance Carriers
My Practice will Never be Hit by Ransomware
One of the biggest mistakes physicians and practice managers can make is to assume they will not be a target of cyberattacks. Unfortunately, this is absolutely untrue. Recently, a two-physician practice in West Michigan was the victim of a ransomware attack. The practice lost access to all medical records, billing, scheduling, and other critical data after ransomware … [Read more...] about My Practice will Never be Hit by Ransomware
Leaders Don’t Whine—They Solve Problems
It is easy to complain about your situation. Anybody can be a whiner. It takes no particular skill to complain. Yet, it can still have widespread effects. A whiner placed even at the lowest level of a practice can poison the well. If a whiner is in a management position, the damage can be extensive. Don’t be a whiner yourself and don’t allow a whiner in any leadership or … [Read more...] about Leaders Don’t Whine—They Solve Problems