The Business of Medicine Newsletter – October 2016
Volume 4, Issue 10
- Concierge medicine. This type of practice model has been around forever, but it’s more popular than ever. Learn about implementing concierge medicine, including whether a hybrid approach would make it more feasible for your practice.
- Global periods. CMS will require you to report informational HCPCS codes on your surgical procedures that have global periods in 2017. If you don’t, CMS could decide to implement payment penalties.
- Virtual credit cards. Many payers offer electronic funds transfer (EFT), but virtual credit cards are still being used by some as payment, which costs practices transaction fees. Learn how to handle them and why one major payer is bringing them back.
- Employment agreements. Get an expert legal writer’s thoughts on employment agreements, particularly ones for clinical staff in this guidance article for practice administrators.