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 money outside of your “regular” job, you will most likely have some related expenses that …

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How an Insurance Company Auditor Tried To Destroy a Physician’s Career

There are numerous stories of physicians getting embroiled in issues of ethical nature or not a crime but seriously putting their career at stake by a medical insurance auditor. Consequently forcing many of them to deal with matters that they were not liable and damaging their practice. The undeniably meddling and regularly illogical managerial, administrative …

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SybridMD Announces Strategic Partnership with Jiseki

28th May, 2019 Sybrid MD announces a strategic partnership with Jiseki to leverage health insurance benefits to its clients mostly physician practices and their staff. 22 May 2019, New York – Sybrid MD is a leading provider of integrated healthcare solutions and medical billing services that are transforming healthcare businesses and their processes. Sybrid MD today announces …

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The Medicare Risk Advantage Factor (RAF) And Adjustment Methodology

Centers for Medicare and Medicaid services are changing payments to Medicare Advantage plans to reflect the health status of each beneficiary. CMS uses Medicare advantage risk adjustment methodology to ensure that the Medicare Advantage features work effectively by paying more for registered users, who are expected to cost more to take care and less for …

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Advantages of Electronic Medical Records (EMR) In The Healthcare System

An EMR system is well-defined as an electronic record of health linked information of patients; and the records can be generated, collected, controlled, and accessed by authorized clinicians, clinical staff, and health care providers. The electronic medical records are in fact digital archives of the patient records that can be organized into digitally accessible archives. …

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Benefits of EHR For Physicians In Improving Quality, Efficiency, And Productivity

An electronic health record (EHR) system is primarily a digital handler of patient health records. The system electronically stores patient health records and is most capable of sharing it with other integrated systems. EHRs are now smart enough to not only handle patient health information rather integrates with a patient portal, record billing information, and …

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Pros And Cons Of “Pay For Performance” Policies And Performance Based Compensations

The healthcare law of Patient Protection and Affordable Care, as well as increased transparency and access to patient information on the quality of care providers, has transformed the whole system. Such a shift has paved the path for pay for performance program. What is the incentive of enrolling in the programs, why should there be …

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