Healthcare

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Blog

Implementing New Revenue Recognition Standards? We Have Plenty of Time–Right?

Is the following statement true or false? The new revenue recognition standards will have only a minimal effect on my accounting practices and policies....

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Event

Hacking Healthcare: Are You Prepared for an Attack?

October 4, 2016: Baton Rouge, LA – Join Director of Cyber Operations Wesley McGrew, Ph.D., and Healthcare Senior Manager Ken Miller, CPA, CIA, CRMA, CHC, CISA, as they present Hacking Healthcare: Are You Prepared for an Attack? at the Louisiana Hospital Association.

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Blog

Will Your Data Analytics Package Provide a Positive ROI?

Return on investment. It’s something every business calculates—from marketing efforts to large equipment purchases to capital improvements. We want to know if our investments in the business are paying off....

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Blog

CMS Delays MACRA Implementation; Don’t Slow Your Efforts to Comply

In a move that was widely applauded by medical groups such as the Medical Group Management Association, the American Medical Association, and the American Academy of Family Physicians, CMS announced...

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Blog

Alternative Payment Model Overview: Do You Have the Data to Succeed?

The introduction of the dual track Quality Payment Program within the MACRA proposed rule has many healthcare systems considering their options. My most recent blog focused on the MIPS track...

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Blog

Where is Your Data? Why Performing a Data Inventory is Integral in the Digital Age

There’s no denying it—healthcare data has gone digital. The days of paper health records are fast disappearing, and if the Centers for Medicare & Medicaid Services have their way, we...

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Blog

Consumerism is Coming to Healthcare: How Can You Prepare?

Think back to your last car, truck or SUV purchase. What did you want to know before spending so much money? More than likely, you wanted to know the price...

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Blog

Assessing Population Health: CHNAs Can Be More Than Governmental Requirements

There is growing recognition that the social determinants of health—where we live, work, and play; the food we eat; the opportunities we have to exercise; our ability to live in...

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Blog

Setting Quality Metrics for Value-Based Pay, Part Two: Evaluating MACRA Metrics and Physician Impact

In the previous installment of this two-part series, we considered how the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) is the game-changer in the transformation of physician payment...

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Blog

Is Paying the Hacker Your Only Defense?

Recently, I received a call from a close friend who wanted advice because his small company had been the victim of a ransomware attack. A hacker had locked the company...

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Blog

#1 Strategy to Fight Ransomware Attacks – Educate Your Employees

Last week, I wrote a blog about the serious problems we face from “ransomware” – the malicious software criminals can use to hold your data hostage. I provided some best...

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Blog

Hospitals Held Hostage – Extortion by Ransomware

If 2015 was the year of the mega-breach, 2016 has been the year of “ransomware.” Just the sound of the name can send a chill down your neck. So what...

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Blog

Questions to Ask While Moving from Volume to Value

In 1978, REO Speedwagon released an album with its feature song, “Roll with the Changes.” This song never fails to give me an adrenaline rush, especially as I run or...

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Blog

Setting Quality Metrics for Value-Based Pay - Part One

Government and commercial insurers are transforming payment models from fee-for-service (FFS) to arrangements that include incentives for quality, outcomes, improved patient satisfaction, and reduced cost. In the FFS environment, hospitals,...

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Whitepaper

New Exempt Employee Rule

The Dept. of Labor projects this new ruling will cost employers an estimated $12 billion over the next 10 years. 

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Blog

What Will Future Physician Compensation Look Like?

Currently, one of the more perplexing issues around fair market value physician compensation relates to designing comp models that effectively reward physicians for quality and cost savings in a market...

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Whitepaper

Managing FMV/CR Risk

Mitigating the risk of a qui tam relator should be a top priority for healthcare risk management systems.

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Blog

What Has Value – Shifting Our Focus

The healthcare industry has been buzzing about payment reform and pay for performance for some time now, especially since the release of the Medicare Access and CHIP Reauthorization Act of...

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Blog

3 Pitfalls to Avoid With Compensation-per-WRVU Contracts

Today, WRVUs are one of the most prevalent measures by which employers determine physician compensation. WRVUs have the benefit of rewarding physicians for personally performed services based on relative values...

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Blog

4 FMV Processes and Risk Areas to Monitor

Qui tam lawsuits are by definition lawsuits brought forth by a private citizen on behalf of the government, from which the private citizen, or “relator,” is often entitled to a...

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Blog

How the Transition from Volume to Value Will Impact Your Physician Compensation Models

With the passage of MACRA in April 2015 we began to get some real clarity regarding Medicare’s plans for moving physician reimbursement from volume-based to value-based. With MACRA set to...

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Blog

2 Reasons Fair Market Value Needs to Evolve

In nearly any value proposition, the appropriate reward depends on the level of risk assumed. In the transformation to quality-based pay, the same is true. Paying physicians for quality likewise...

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Article

MACRA's Effect On Physician Practice FMV

The Effect of MACRA On Physician Practice FMV

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Infographic

Value-Based Compensation

8 Considerations in Moving Employed Physicians from Volume to Value-Based Compensation

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Blog

Are Quality Bonuses Right for Your Medical Directors?

While the market gradually moves toward value-based reimbursement, hospital payments to physicians have also been in transition from purely productivity-based pay to incentives based in part on quality, patient experience,...

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Infographic

What Can't Go On Forever...Won't.

The current healthcare system is headed for a crash. Are you adapting?

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Whitepaper

Hospital/Physician Integration: Creating A Culture of Compliance

The value of building a culture of compliance.

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Whitepaper

RAC Audits: Better Good Than Lucky

Why strong front-end processes generate reliable RAC audit appeals.

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Whitepaper

Status Quo is not a Strategy to Face Health Care Challenges in 2014

Status quo is not a strategy. Facing the changing landscape of healthcare delivery.

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Whitepaper

Reducing Variation: Curing Healthcare Cost Challenges

How reducing variation in care alleviates the cost conundrum.

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Whitepaper

Spotting Danger Zones in Physician Deals

How poor valuations jeopardize your healthcare organization.