HHS’ announcement that, by the end of 2016, it aims to link 30% of Medicare reimbursements to the "quality of value" is the latest sign that, after years of talking about the importance of quality and outcomes in medicine, payers are getting serious about making them part of their reimbursement formulas.
Even the most experienced physicians and practice managers face a daunting dilemma on the financial front: Should they handle billing and collections internally or hand over these tasks to an external vendor? There are strategies that physicians can use to evaluate potential vendors and make the best decision for their practice.
Being sued for malpractice, especially for the first time, can be an unsettling and frustrating experience. The consequences of a lost case can range from an increase in future insurance premiums to a health department investigation which could affect your license. So it is imperative that you immediately report a malpractice claim to your professional liability insurance carrier and retain an attorney specializing in the defense of medical malpractice cases in order to protect your interests.
Despite changes to the Health Insurance Portability and Accountability Act (HIPAA) that dramatically affect the risk profile of medical practices, many have yet to establish a full arsenal of defenses against data breaches. The simple fact is that failure to update your protections can multiply your vulnerabilities and fines if a breach occurs.