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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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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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What Is Vaping? What You Need to Know About Vaping

What is Vaping? It is becoming a popular trend; smokers are stopping out their traditional cigarettes and picking up the Vapes. Vaping is similar to smoking but instead of smoke, it is the inhalation and exhalation of the aerosol. It’s often referred to as vapor manufactured by an e-cigarette or similar device. The terminology is …

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Major Types of Health Insurance Frauds And Their Punishments

What is insurance fraud? Insurance fraud is a willful misrepresentation or falsification that the individual or business makes, knowing that the deception may result in unauthorized use to the person or company or another party. The most common type of fraud is a fabricated statement, misrepresentation or willful mistake that is critical to determining the …

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What Are “Unspecified ICDs” And What Are The Complexities Of Their Use

What is ICD? International; classification of diseases (ICD) is a system used by physicians and health care providers to classify diseases. It is used to classify and code all diagnosis, symptoms, and procedures recorded in conjunction with clinical care, hospitals, and other healthcare facilities. ICD is based on the international classification of diseases. It uses …

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