Physicians Practice Pearls®

Top tips and HIPAA implications.

Here’s how to make sure your practice is in compliance with Stark regulation clarifications taking effect January 1st, 2022.

Why it’s not an investment and an asset you don’t want your retirement savings to depend on.

Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.

Strategic planning involves elements of both art and science, combining analysis and calculation with intuition, inspiration, and creativity.

Ready or not, office holiday parties are back this year. These are some of the risks that practice owners and leaders should manage to help ensure a stress-free holiday and a positive transition to the New Year.

On December 2, 2020, CMS published new provisions and exemptions related to the Stark Law (85 Fed. Reg. 77492) and HHS-OIG published new provisions and safe harbors related to the Anti-Kickback Statute (AKS) (85 Fed. Reg. 77684.

Just like any routine or habit, it takes practice, commitment, and consistency.

Part two of our look at abusive tax planning schemes that are heavily promoted doctors at year-end. We examine specific schemes to avoid, including those that the I.R.S. is making a special effort to crack down on.

Code accurately with the appropriate documentation to substantiate medical necessity.

Management Services Organizations are not for every physician, but they are certainly here to stay for a long time to come.

Basic rules to be aware of and some specific tax plans that require extreme caution and due diligence.

What doctors must understand about their insurance and why not all polices are equal.

These plans can offer a variety of potential benefits that go beyond their traditional role.

With the impending reporting period upon providers, this article highlights the current status of Reporting Period 1 and relays some recent enforcement actions.

Maximize the value of your practice and property by putting a proper plan in place.

In part seven of our look at medical malpractice risk we examine specific liability issues from recent media reports and about physicians and healthcare.

AI can decrease strain on nurses and other healthcare professionals and allow them focus on the tasks technology cannot address.

As more states enact biometric laws (although none are as robust as Illinois), healthcare AI companies, covered entities, and business associates should take note and take steps to update compliance programs in order to reduce the risk of a lawsuit and a potentially criminal HIPAA violation.

Physicians’ professional liability has been heightened by both the pandemic and the significant disinformation and politicization surrounding vaccines and various unsafe treatment and prevention methods

Understanding what should be included in a required HIPAA BAA is essential.

A shared vision for your practice’s three-to-five-year horizon can amplify your practice to grow revenue and weather internal and external crises.

With cybersecurity and criminal government actions involving protected health information (PHI), now is a good time to understand the importance of the required Business Associate Agreement (BAA).

Providers should be vigilant about the truthfulness of the claims and statements that are being submitted for remuneration by the government.

Asset Protection for physicians logically includes concerns about medical malpractice liability. We continue our look at the facts about malpractice including the real risks, numbers and defense strategies involved.

Even with the adoption of telemedicine during the pandemic, locum tenens physicians are finding ways to reduce the stress on a burdened industry.

Planning tips that could help alleviate a higher tax bill for high-earning physicians.

An advisory opinion is only applicable to those requesting it; seek guidance under AKS or ensure safe harbors are met and a goal is to not induce referrals based on volume or value.