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How to Keep Your Medical Practice Safe from Telemedicine Fraud

How to Keep Your Medical Practice Safe from Telemedicine Fraud

Now that the Biden Administration has extended the Public Health Emergency (PHE) for another three months through January 11, Federal regulations put in place for the duration of the PHE continue, including those governing telemedicine. What’s more, certain telemedicine flexibilities will continue for five months after the PHE ends. While
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Inflation Reduction Act Healthcare Provisions’ Rollout Timeline

Inflation Reduction Act Healthcare Provisions’ Rollout Timeline

When the Inflation Reduction Act (IRA) was signed into law in August, there was a huge rush to figure out what the law meant and what it would do. Now that we’ve had a little time to reflect on it, one striking characteristic is that the health care provisions roll
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Time Is Up! Fines Are Being Issued for Hospitals Failing to Comply with Transparency Rules

Time Is Up! Fines Are Being Issued for Hospitals Failing to Comply with Transparency Rules

Over a year-and-a-half ago, all 6,000 or so U.S. hospitals were required to provide pricing information online so patients could comparison shop and avoid surprises. After audits, warning letters, and requests for plans to take corrective actions, the Center for Medicare and Medicaid Services (CMS) recently started issuing fines for
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Year-End Is Too Late to Get Started on ASC 842 – The Time to Act Is Now

Year-End Is Too Late to Get Started on ASC 842 – The Time to Act Is Now

The new lease accounting standard – ACS 842 – took effect for private and non-profit organizations for fiscal years starting January 1, 2022 (or 2023 for non-calendar year-end entities). While that means at the earliest your organization must account for all leases on your financial statements by the end of
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340B Standards Updates: What Do They Mean to You?

340B Standards Updates: What Do They Mean to You?

With the passing of the Consolidated Appropriations Act of 2022, hospitals that depend on 340B Drug Pricing Program discounts to help make up budget shortfalls got some breathing room through the end of 2022. Section 340B of the Public Health Service Act provides discounts on eligible outpatient prescriptions to hospitals
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Healthcare CFOs Take on More Than Finance

Healthcare CFOs Take on More Than Finance

Geopolitical unrest, inflation, the COVID aftermath, skyrocketing gas and oil prices, supply chain challenges, the Great Resignation, and more hallmarks of living in 2022 are disrupting most industries, including healthcare. Chief Financial Officers (CFOs) are playing pivotal roles to help ensure short- and long-term success in the changing economic landscape. 
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Clamping Down on Anti-Competitive Behavior in Healthcare

Clamping Down on Anti-Competitive Behavior in Healthcare

Last July, President Biden issued Executive Order 14036 to promote competition (and eliminate anti-competitive practices) across a number of industries, including health care, with the hopes of lowering prices, increasing growth and wages, and promoting innovation. The order includes 72 initiatives, including four specifically focused on health care. In this
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Telehealth Is Calling: What Answering Does to Tax Obligations

Telehealth Is Calling: What Answering Does to Tax Obligations

COVID-19 prompted explosive growth for the telehealth industry, which provided safe access to care at a perilous time. Federal and state laws were relaxed and now government at all levels are being called on to create comprehensive telehealth legislation for the long-term. In the meantime, a variety of federal, state,
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Merger Announcement

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