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Industry Insights on Fraud Part II: Healthcare

The bi-annual Report to the Nations released by the Association of Certified Fraud Examiners (ACFE) conveys data regarding (among other things) fraud losses by industry. One of the industries where a high volume of fraud cases have been reported in the ACFE studies is healthcare. In the past five studies published by the ACFE, the […]
October 4, 2018

Thinking of Expanding? Don’t get CONned.

Many states, in an attempt to contain healthcare costs, require that a Certificate of Need (CON) be obtained prior to building a healthcare facility. These types of facilities include hospitals, nursing homes, adult care facilities, ambulatory surgery centers, diagnostic centers, and treatment centers. A CON is typically required for a healthcare facility to: Establish a […]
October 3, 2018

Health Savings Accounts “HSA” Updates in the News

IRS Revises Inflation Adjusted Benefit Plan Limits in Bulletin 2018-10 Bulletin 2018-10 reveals that the maximum HSA contribution for an individual with family coverage in a High Deductible Health Plan (HDHP) has been reduced from $6,900 to $6,850. In late 2017, experts initially forecasted a $6,900 limit based on inflation. However, the new limit has […]

How Do You Compare to the Average Doctor Salary?

According to Medscape’s 2017 Physician Compensation survey, the average doctor salary for 2017 is $294,000, a $15,000 increase compared to 2016. This amount, drawn from the responses of 19,270 currently practicing physicians, includes cash compensation and retirement plan benefits, excluding fringe benefits. Medscape’s annual survey looks at the average salaries of doctors with a broad […]

Boost Your Medical Practice Profitability – The Benefits of Direct Care

Over the past few years, medical practices have been feeling the squeeze of lower insurance reimbursements and the burdensome of administrative compliance to chase those dollars. Direct care, or retainer-based medicine, is an emerging and alternative way for doctors to serve their patients. Under direct care, a medical practice provides services in a manner that […]

PCORI Fees Due for Many Health Insurance Arrangements by July 31, 2017

Under the Patient Protection and Affordable Care Act (PPACA), certain types of health insurance arrangements are required to pay a special fee. This fee is called the Comparative Effectiveness Research Fee, also referred to as the PCORI fee, and it will be used to help fund the Patient-Centered Outcomes Research Institute. The types of arrangements […]

House Votes to Repeal and Replace the ACA – What Does it Really Mean?

On May 5, the House of Representatives narrowly approved the American Health Care Act (AHCA). The bill was hastily modified after the initial version from March was doomed to fail. The current Administration has been under enormous pressure to make progress on one of its biggest campaign promises. What began as repeal Obamacare during the […]
May 16, 2017

New Health Savings Account Deduction Limits Released for 2017

The IRS recently released the 2017 annual deduction limits for health savings accounts (HSA), which are typically adjusted each year for inflation. The 2017 limits are $3,400 for an individual with self-only coverage and $6,750 for an individual with family coverage. Such deductible contributions can only be made to an HSA that is maintained in […]

New HSA Deduction Limits Released for 2017

The IRS recently released the 2017 annual deduction limits for health savings accounts (HSA), which are typically adjusted each year for inflation. The 2017 limits are $3,400 for an individual with self-only coverage and $6,750 for an individual with family coverage. Such deductible contributions can only be made to an HSA that is maintained in […]

UPDATE – DHA Commits to Use GSA Contract Vehicles for its Health Information Technology (HIT) Requirements

UPDATE: Due to the blizzard and recent closures, GSA granted the request for extension for the Health IT SIN RFI originally due this Friday, January 29, 2016.  The deadline is extended to February 8, 2016.  An amendment to the RFI will be posted later today.   ****************************************   UPDATE:  On January 20, 2016, General Services Administration announced it released […]