6 keys to small practice survival

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New Orleans – John H. O’Neill Jr., DO, FACP, interacts with many physicians in his roles as vice chairman of the American College of Physicians (ACP) Medical Practice and Quality Committee and governor of the ACP Delaware chapter. Most doctors he encounters tell him they are passionate about what they do and want to remain… Read more »

Section 179 at a glance – New for 2012

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2012 Deduction Limit = $139,000 This is good on new and used equipment, as well as off-the-shelf software. 2012 Limit on equipment purchases = $560,000 This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to  your company begins to be reduced. Bonus Depreciation = 50% This is… Read more »

Guidance on Troubleshooting Claims Submissions for Version 5010

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Although the Version 5010 upgrade deadline was January 1, 2012, the Centers for Medicare & Medicaid Services (CMS) recently extended their enforcement discretion period for the Version 5010 upgrade for all HIPAA covered entities for an additional three (3) months, through June 30, 2012. It’s important that all HIPAA covered entities continue to take the… Read more »

Medicare e-Prescribing Penalty: Phone Lines Now Open

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March 29, 2012: CMS has confirmed that the QualityNet Help Desk is now prepared to take calls from physicians on the Medicare ePrescribing penalty. We understand that physicians have already attempted in the past few weeks to contact the Help Desk to discuss their individual situation which resulted in a 2012 penalty, but in many… Read more »

Patients as partners in health IT

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By Sheryl Cash, amednews correspondent. Posted Jan. 30, 2012 Like many practices, Women’s Wellness Place is continually upgrading its technology to better serve and empower providers and patients. This practice has used an electronic medical record system for eight years and recently implemented e-prescribing; a website with comprehensive patient information; and a portal where patients… Read more »

AMA Secures Extension for ePrescribing Hardship Exemption Deadline: New Deadline November 8th

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American Medical Association (AMA) – November 2, 2011 After hearing yesterday that some physicians were having difficulty accessing the CMS Communication Support Page, the AMA was able to work with CMS to secure an extension. The new deadline to file for an ePrescribing hardship exemption is Tuesday, November 8, 2011.The hardship exemption categories include: Your… Read more »