Just thinking about getting audited puts some practice owners in a state of panic. These might be just some of the thoughts that worry them. So… best to meet the medical audit monster head-on and look it squarely in the eye. Because things we’re not familiar with tend to intimidate and scare us. But, once Read More
Too many practices make a crucial mistake… In the spirit of being helpful and getting things done, they take on jobs that should be handled by their patients. In the process, they assume far too much responsibility, financial and non-financial alike. This ends up costing the practice hours in lost productivity and ultimately lost revenue. Read More
Part 1 – What To Check The majority of small businesses started within any given year will be gone within five years. And 80% of the ones left won’t make it past the ten-year mark. Scary numbers, right? So why do new small businesses pop up every day, even though most people know there is Read More
Security Risk Assessments (SRA)…for some, those three words strike fear in the heart of a grown adults. But it doesn’t have to be that way. Perhaps you’ve heard the myth. The one about smaller practices that only take cash, don’t need to follow HIPAA and don’t need to do the security risk assessment? It’s a Read More
Last week’s article focused on the financial risk in your business. I talked about a number of issues: from problems with taxes to proper management of money flowing in and out of your practice. There are lots of “opportunities” to get yourself and your practice in trouble, putting your business in the danger zone. If Read More
We’ve all heard and read the news about HIPAA breaches at large organizations and even the government. But what about your small practice? Are you at risk? I’m sure you know where I’m going with this. Yes, even your single provider, ideal medical practice can be at risk for HIPAA violations. Don’t take insurance? You Read More
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