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Outsourcing Your Medical Billing: 5 Important Things You Need To Know First

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 decade due to various benefits of outsourcing medical billing. For a provider, the first responsibility …

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

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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 of you. Fundamentally this insurance can be considered as an added protection. Most of the …

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

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 …

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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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How to Keep More of What You Earn – Tax Tips for Physicians

There’s a lot of hype about the president’s new tax bill, or the Tax Cuts & Jobs Act. Here’s a breakdown of what tax for doctors actually means and tax saving tips for high-income earners. According to research by The Tax Foundation, a physician’s family with two children and $325,000 in earnings would save about …

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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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