Accounting – MD Update

How to Build a Compliant, Secure Healthcare Organization

May 1, 2019June 21, 2019 Gui Cozzi breach, building of the desired culture, cloud environment, current regulatory environment, cyber, Cybersecurity, defined organizational chart, definition of the information technology environment, definition of the organization 's risk, desired culture, development of a defined organizational chart, evolve threat landscape, future compliance, health information, healthcare, healthcare environment, healthcare organization, healthcare organization look, HIPAA privacy, identification, identification of a point person, identification of disrupter, identification of key risk, information technology environment, key risk, level of risk, operational effectiveness of the organization, organization 's continuity, organization 's risk, patient health information, point person, routine staff, secure healthcare organization, secure healthcare organization look, size of business, threat landscape, type of healthcare environment

What does a compliant, secure healthcare organization look like? The reality is that a compliant, secure healthcare organization is going

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Assessing Your Revenue

March 1, 2019May 13, 2019 Adam Shewmaker 30 day lag collection rate, assignment, backlog, bill backlog, billed charge, cash collection, charge entry, charge month, collection percentage, collection rate, collection ratio, contracted vendor, date of service, documentation, even personnel change, exercise plan, general performance concern, high charge month, increased cash collection, indicator, key performance indicator, lag collection rate, medical code, medical documentation, national benchmark, new exercise plan, organization 's revenue, overall collection rate, party payer, payer, payer mix, percentage of the prior period 's billed charge, personnel, personnel feedback, preventive check-ups, prior period 's billed charge, R age, R., revenue, revenue cycle, sluggish bill, staff performance, subsequent code assignment, type of personnel feedback

As we move along in 2019, many of us have established new habits to improve our fitness, diet, and overall

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Data Analytics for the Little Guy

December 1, 2018February 15, 2019 Jay Swacker

Community and smaller nonprofit hospital systems are feeling the ever-tightening squeeze of lower operating margins. The trends in costs and

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The Risks of Not Keeping Data Secure

November 1, 2018December 28, 2018 Gui Cozzi breach, breached healthcare record, complaint investigation, compliance review, confidentiality, confidentiality of sensitive information, cost of a breached healthcare record, Cybersecurity, cybersecurity incident, data breach, data breach report, example of a clinic, healthcare, healthcare organization, healthcare record, HIPAA, HIPAA privacy, human service 's website, integrity of the information, internal churn, key business risk, medical device, needed corrective action, notification cost, OCR, organization 's bottom line, Ponemon, Ponemon cost, Ponemon cost of data breach report, resolution agreement, resolution agreement require covered entity, service 's website, statewide agreement

Cybersecurity is considered as a key business risk by most healthcare organizations not just because of its potential impact to

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Physician Activity Now Under OIG Scrutiny: Revenue Impacts

September 1, 2018November 9, 2018 Shawn Stevison claim data, global period, global surgery period, incentive, item, new work plan item, OIG, OIG scrutiny, open payment data, open payment database, open payment program, payment, payment data, payment database, payment program, physician, physician activity, physician practice, post-operative service, practice pattern, proactive review of surgical case, receipt of incentive, required reported data, review of claim, review of post-operative service, surgery period, utilization pattern, work plan item

The Department of Health and Human Services (HHS) Office of Inspector General (OIG) routinely issues new Work Plan items. This

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Annual Compliance Training

May 1, 2018July 2, 2018 Shawn Stevison abuse concern, Anti-Kickback statute, Care fraud statute, civil monetary penalty, compliance, compliance program, criminal health, effective compliance program, element of a compliance program, element of an effective compliance program, element of the compliance program, exclusion statute, federal false claim act, general compliance, HIPAA privacy, implement train, improper claim, independent physician practice, OIG, physician, provision of example of improper claim, review of documentation requirement, section 6401, Self-Referral Law, statute, system 's required education, typical train element

LOUISVILLE As you may be aware, Section 6401 of the Affordable Care Act put into place a requirement that “providers

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Tax Planning Check-Up

December 1, 2017February 9, 2018 Matthew Smith, CPA, CFE 6% KY income tax bracket, bonus, business owner, Check-Up, current proposed reform, deduction, depreciation, employer, equipment purchase, expense, family coverage, good financial health, growth of the fund, healthcare, high-deductible, high-deductible health plan, HSA, immediate expense, importance of push income, K., KY income tax bracket, medical expense, patient 's physical health, post-tax dollar, pre-tax, pre-tax dollar, pre-tax health insurance option, pull deduction, push income, qualified medical expense, retirement, retirement plan, section 179, section 179 deduction, single coverage, take advantage of pre-tax health insurance option, tax benefit, tax deduction, tax plan idea, tax plan strategy, tax reform discussion, tax save idea, tax-free, taxable income, type of employer, vast majority of taxpayer

As a healthcare professional, you know that a routine annual visit with a doctor is an important part of maintaining

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Identifying Revenue Leaks within the Medical Practice

October 1, 2017 Adam Shewmaker, FHFMA appropriate medical code, back-office responsibility necessary, bad debt collection agency, balance, balance amount, bill question, business office, cash, cash collection, cash post, chart documentation review, code audit, coder, compliance concern, cross-training, Dean Dorton, dedicated focus, employee, employee dread, employee dread take time, excellent staff, follow-up, high patient satisfaction, identify revenue leak, medical code, missed revenue, patient balance, patient balance amount, patient insurance, patient visit, payment, physician, physician inquiry, physician practice, potential collection, practice 's code habit, practice administrator, professional coder, profitable outcome, R follow-up, R., recent twelve month period, reimbursement, revenue cycle, routine medical code assessment, single cure, single point of data, small portion of the back-office responsibility necessary, staff concern, task, team member, underpayment, unique patient mix, work go

With reimbursement shifting towards quality care and patient outcomes, it’s necessary for medical practices to take a fresh look at

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Cultural Transformation: A Top-down Approach

August 1, 2017 Justin Harris administrator, American college of Healthcare executive, Ask, average hospital, Becker, Becker 's go, Becker 's hospital review, c-suite, C-Suite member, CEO, CEO candidate, CEO tenure, CEOs, comfortable seek care, community liaison, day-to-day operator, day-to-day operator of the organization, develop budget, director staff, employee, equity industry background, for-profit, for-profit sector, good EBITDA, handle case management, HCAHPS, healthcare, Healthcare executive, high percentage of turnover, high perform organization, long come, new CEOs, patient access, physician liaison, private equity industry background, responsibility, responsibility of the day-to-day operation, role of the C-Suite member, surgery number, sustainable growth rate, tenured administrator, tenured healthcare provider, top-down, top-down approach

The culture of an organization is the by-product of every single employee’s daily routine. Research states that to develop a

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Are You Prepared for a Department of Labor Audit?

February 1, 2017 Jeff Ricketts audit, change regulatory requirement, common compliance, common missed policy, complete reference check, compliance, compliance requirement, compliance strategy, criticality, criticality of the HR compliance function, department of labor audit, DOL, DOL audit, employee, employee file, employee handbook, facilitation of the hire process, facility compliance, file management file management issue, forgotten area, handbook, HIPAA, HIPAA compliance, hire manager, hire process organization, HR, HR compliance function, HR function, lactation accommodation, legal compliance, management of compensation, miss key hire document, multiple file process, overall compliance strategy, personnel manual, physical location, process organization, reference check, requirement

If you think you’re ready … think again! It is no secret that compliance requirements have been increasing over the

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