Section 179 of the U.S. Internal Revenue Code allows a taxpayer to deduct the full purchase price of qualifying equipment and/or software...
Read more.Can Your Medical Practice Benefit from a Section 179 Deduction?
As a medical practitioner, you spend a good part of your day evaluating the status of your patients’ health and diagnosing illnesses. With...
Read more.Following the enactment of Senate Bill 1107 by the Texas Legislature last year, the Texas Medical Board reversed a 2015 mandate stating that...
Read more.Medical Chart Audits: An Infographic
Your reimbursement depends heavily on good and accurate billing processes, and your billing process depends on meticulous charts. Therefore, it...
Read more.Infographic: Proactive Steps to Prepare for a Medical Charts Audit
How Medical Practices Can Better Negotiate with Insurance Companies
If you’ve learned one thing in your practice, it’s that the healthcare industry is very different from most businesses and industries. However,...
Read more.Maintaining a healthy revenue stream is essential to running a profitable medical practice. You obviously want to get paid in a timely fashion...
Read more.If you’re in the medical field and rent office space for your practice, how prepared are you to negotiate the renewal of your lease? Unless you...
Read more.Why Succession Planning Matters to the Future of Your Medical Practice: 5 Actions to Ensure a Smooth Transition
You went to medical school, completed your residency and finally got your practice up and running. With all the demands on a physician practice...
Read more.7 Tips for Implementing Cost Accounting in Health Care Settings
Most healthcare providers today realize they no longer can pursue top-line growth as their primary means of growth and expansion. Instead, they...
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