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AMA New CPT Code 99072

AMA New CPT Code 99072

AMA New CPT Code 99072   On September 8, 2020, the American Medical Association (AMA) established a new Current Procedural Terminology (CPT®) code 99072 in response to the significant increase in practice expenses due to the COVID-19 Public Health Emergency...

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Transparency in Coverage Final Rule

Transparency in Coverage Final Rule

Transparency in Coverage: Final Rule On Thursday, the Trump Administration issued the Transparency in Coverage final rule which will require almost all healthcare insurers and plans to provide detailed and transparent information regarding pricing details and provider...

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IRS Final Rules: Meals and Entertainment Deductions

IRS Final Rules: Meals and Entertainment Deductions

IRS Releases Final Rules on Business Meals and Entertainment On September 30, 2020, the IRS finalized and implemented the final regulations for the Tax Cuts and Jobs Act of 2017. The TCJA disables business deductions for expenses incurred under entertainment purposes....

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$20 Billion Additional Provider Relief Funds Available

$20 Billion Additional Provider Relief Funds Available

$20 Billion Additional Provider Relief Funds Available – Phase 3 Yesterday, October 1, 2020, The Department of Health and Human Services announced a new $20 billion distribution from the Provider Relief Fund (PRF). This "Phase 3" distribution aims to provide...

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Benefits of Opening A Private Medical Practice

Benefits of Opening A Private Medical Practice

Benefits of a Private Medical Practice Consolidation in the healthcare industry has become more and more prevalent. A majority of hospitals are owned by larger, big-name hospitals. This means that the entire industry is continually placed in less hands. Undoubtedly,...

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Collaboration in Healthcare: Payors and Providers

Collaboration in Healthcare: Payors and Providers

Collaboration in Healthcare To get to the other side, collaboration in healthcare is necessary.  Payors and providers are going to have to trust each other and share information.  Unfortunately, the payor holds much of the information needed to determine the true...

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