From the category archives:

Health Care

Senate supports repeal of medical device tax

by Tech Support on March 22, 2013

By Ellen Juram, Principal The Senate overwhelming passed a resolution Thursday calling for the repeal of the 2.3 percent medical device tax – which is a key component of President Obama’s healthcare reform law, and which went into effect this year. The resolution is largely symbolic; a separate bill must be passed in order to [...]

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Medicare on alert for wellness overpayments

by Cindy Padilla on March 13, 2013

Over the past two years, Medicare frequently reimbursed both the doctor and hospital for the cost of a patient’s annual wellness visit. The Centers for Medicare and Medicaid Services (CMS) recently announced that it will now only reimburse one or the other – and Medicare administrative contractors (MACs) are authorized to recoup any overpayments made [...]

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Plan now for tax implications of healthcare reform

by Dave Phelps on July 2, 2012

The Supreme Court’s recent decision to uphold the 2010 healthcare reform law has moved the fight from the courtroom to the polling stations. Healthcare reform will be a hot topic in the upcoming Presidential election, and ultimately the status of the Patient Protection and Affordable Care Act could change based on which political party takes [...]

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RAC program set to expand again

by Cindy Padilla on April 19, 2012

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 [...]

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`At the tipping point’ of healthcare spending

by Melissa Brogan on September 29, 2011

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 [...]

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Time for a Checkup of Your Controls

by Melissa Brogan on January 18, 2011

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 [...]

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Health Care Practices May Qualify for Tax Credits

by Cindy Padilla on November 4, 2010

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 [...]

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Health Care Credit for Non-Profits

by Season Olson on September 27, 2010

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 [...]

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