The Recovery Audit Contractor program has evolved and expanded in the two years since it was launched nationwide, and it now covers Medicare parts C and D and Medicaid, in addition to the original focus on Medicare parts A and B. Beginning June 1, healthcare providers in Ohio will be subject to “prepayment reviews” by [...]
Healthcare costs continue to rise, even as more and more data is available. Consumers and providers who are able to recognize trends in the data and implement changes in behavior have an opportunity to limit the inflation. Organizations that are not proactive are at risk, because the overall health of the American workforce is declining [...]
As Tracy Burch was stealing thousands of dollars from a local surgical office, countless other healthcare employees across the country were perpetrating smaller acts of fraud, and a few were engaged in much larger acts. Theft is a problem in every industry and particularly so during difficult economic times, when personal and financial stresses are [...]
Small businesses, including physician practices, may be eligible for new tax credits of up to 35 percent of the cost of providing health insurance to their employees. The credit will increase to 50 percent in 2014. To be eligible for the credit, your practice must: Cover at least 50 percent of the total premium cost for [...]
The IRS recently released guidance for small businesses and non-profits that are eligible for the health care credit that was unveiled in March. Small businesses will include it as a general business credit on their income tax returns; non-profits will claim it on a revised Form 990-T. If your organization does not normally file a [...]