News Archives - Sybrid MD

Blockchain Technology and the Opportunities in the Healthcare Marketplace

December 19, 2019December 19, 2019 by Jenny Wilson

The global blockchain technology market in the healthcare industry is expected to reach $500 million by 2022, according to a report from Frost & Sullivan. Blockchain is a promising technology that is disrupting various industries and is making waves in healthcare as well. Healthcare data is piling up with every passing day, as there are wearable and …

2020 – New Telehealth Codes and Changes to Rpm Services in the Final Rule

December 17, 2019December 17, 2019 by Jenny Wilson

Telehealth is adding new venues of care and is the future of healthcare. According to a study by Global Market Insights, the global market of Telehealth will expand to $130.5 billion by 2025. Telehealth has opened new opportunities in the healthcare arena and is considered especially useful for the residents of rural areas who would …

World Aids Day

November 30, 2019November 30, 2019 by Jenny Wilson

Key Facts HIV is a chronic virus that attacks the immune system and makes it weaker against diseases HIV/AIDS is a global health issue which has claimed more than 32 million lives so far More than 36.9 million people are currently infected with HIV It’s a global epidemic but is more severe in South Africa, …

Rules Aim To Meet Dual CMS Goals of Saving Money, Doctor Empowerment

November 13, 2019July 15, 2019 by Jenny Wilson

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 is focused that there will be an evident improvement in the country’s healthcare system. It …

Learn the 7 Biggest Tips to Survive IRS Tax Audit

October 14, 2019July 3, 2019 by Jenny Wilson

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 order. IRS is auditing doctors, and it looks like physicians are not comfortable with it …

Most Overlooked Tax Deductions That Physicians Independent Contractors Must Know

November 13, 2019July 1, 2019 by Jenny Wilson

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 …

Supreme Court Agrees To Hear $12 Billion Lawsuit over Obamacare Payments

November 13, 2019June 27, 2019 by Jenny Wilson

The Supreme Court of the United States has agreed to hear $12B ACA Suit from insurers who claim they were hurt by risk corridor program. The health care law which is also called the risk corridors was introduced under Obamacare and the purpose of this program was to facilitate insurance companies who would participate to …

SybridMD Announces Strategic Partnership with Jiseki

October 14, 2019May 31, 2019 by Jenny Wilson

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 …

US Spends Twice as Much on Health Care as its Peers

October 14, 2019February 8, 2019 by Jenny Wilson

Though there have been several attempts by US to cut down on its health care costs, but it’s a fact that the spending is still on a rise. According to an analysis by Johns Hopkins Bloomberg School of Public Health, as compared to its peers, America spends more than twice as much on health care …

IBM Announce Blockchain Collaboration in Health Care with Anthem and Aetna

November 13, 2019February 6, 2019 by Jenny Wilson

A healthcare Blockchain collaboration has been announced by IBM with Anthem Inc. and Aetna. The aim of this collaboration is to produce an ecosystem based on Blockchain that aids the health care companies to increase transparency and to help them in the exchange and use of information. This collaboration will also allow these companies to …