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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...
Thinking about ‘going solo’? Seven tips to consider before opening an independent physician practice
Thinking about ‘going solo’? Seven tips to consider before opening an independent physician practice The following article is an excerpt from Kareo's Go Practice Blog published by Lisa Eramo on KareoTM. David Zetter was interviewed for this article regarding...
The Claim Game: Overcoming Health Insurance Reimbursement Denials
The Claim Game: Overcoming Health Insurance Reimbursement Denials The following article is an excerpt from CMACM Today published by the American Association of Medical Assistants. David Zetter was interviewed for this article regarding health insurance...
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...
The Department of Labor’s Proposed Rule: Classifying Independent Contractor vs. Employee
The Department of Labor’s Proposed Rule for Classifying Independent Contractor vs. Employee The long-running problem concerning employers’ inability to classify their workers has run into legal disputes along with underpaid overtime and taxes. The dispute between...
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....
$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...
IRS Notice 2020-65 Regarding Employee Social Security Tax Deferral
IRS Notice 2020-65 Regarding Employee Social Security Tax Deferral On August 28 of 2020, the IRS released a notice regarding the Employee Social Security Tax Deferral. While you can find the full notice here, it may be difficult to read and understand. For this...
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,...
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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