As a healthcare service provider, if you consider outsourcing your medical billing, there are important aspects that you must understand to make an informed decision. Benefits of outsourcing medical billing Outsourcing has become quite a popular trend in the past...
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Rules Aim To Meet Dual CMS Goals of Saving Money, Doctor Empowerment
Two rules recently issued by CMS, sought implementation of doctor goals to devote more time to patients, while also reimbursing them less for some services under the annual physician fee schedule. The finalization of the rules for the year 2019...
Reasons Why Umbrella Insurance Is a Must for Doctors
What is Umbrella Insurance? Umbrella insurance is also known as personal liability insurance, which is a back-up insurance plan that kicks in after your other insurance coverage has been paid out, covering accidents that occur on your premises or because...
Learn the 7 Biggest Tips to Survive IRS Tax Audit
An audit is an official assessment of a person or accounts of an organization. ‘IRS Audit’, only listening to these words can scare even the most honest taxpayer, even if they have done their best to get their taxes in...
Most Overlooked Tax Deductions That Physicians Independent Contractors Must Know
The recently passed Tax Cuts and Jobs Act is debatable, to say the least. Looking at the situation as a physician, at first glimpse, it seems as though physician independent contractor tax deductions would actually go up. If you make...
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