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Author Archives: charles

A Silent and Emerging Threat: Ransomware

By Trevor Weyland In the first quarter of 2016, we saw a large increase in ransomware attacks across the United States. According to the Federal Bureau of Investigation, victims of ransomware paid $209 million in ransom in the first three months of this year alone — more than 10 times the amount paid in all of 2015. Ransomware is a ...

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Broad Array of Roles for Disability Coverage

By John F. Nichols MSM, CLU Summary: Most people agree that protecting personal income with disability insurance is important however they have never thought about the role disability insurance can play with key employees, loans, divorces and more. In the world of disability insurance, most financial advisers think of personal income protection. This is only the beginning of the possibilities ...

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Effective Business Succession Planning

By Edward J. Waldron, In conjunction with Lincoln Financial Advisors Business owners invest significant amounts of time and financial resources to make their enterprises successful. Quite often, due to the quick pace of day-to-day operations, planning for succession of ownership is relegated to a low-priority task. But there comes a point in the lifecycle of any business when the owner ...

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Simple Cybersecurity for Busy Practices

It takes a lot to run a medical practice. You all of a sudden become CEO, HR, sales, customer service, manager, and – oh right – still a doctor. With all of that going on, often IT security sits low on the priorities list, not to mention skill development. Too often, you set up your security policy once when you ...

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Discovering the Las Vegas Medical District

The Las Vegas Medical District is evolving as one of Southern Nevada’s most important healthcare and economic development projects. By Faiss Foley Warren Public Relations Established by the Las Vegas City Council in 1997 to physically bring together a variety of medical services and providers near and around UMC (University Medical Center), the Las Vegas Medical District (LVMD) was created ...

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Can Telehealth Really Double Your Bottom Line?

By EpicMD The ever increasing pressure on independent primary care and family medicine physicians, as well as a large variety of specialists, both financially and operationally, continues to drive the need for Telehealth within the independent physician’s practice. Many primary care and other physicians worry that the rapidly-growing field of telemedicine is just too complex and time-consuming to implement in their ...

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Using Technology and Innovation for a New Model of Mental Health Treatment

The cry of a “mental-health crisis” is heard all across the land—but who shouts the loudest, patients, payers or providers? Treatment of mental health means different things to different people. Providers want to evaluate properly, but an in-depth diagnosis during an office visit takes time in an already crowded day. Payers see their largest expense of mental-health dwarf other medical ...

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When the Auditor Comes Knocking

Stephen D. Bittinger, Esq. Medicare Zone Program Integrity Contractor (ZPIC) audits can cripple a practice. Be aware of your rights when a ZPIC auditor arrives. Proactivity is key to successful defense in a ZPIC audit. Improper documentation is a leading cause of ZPIC audits. A constantly monitored compliance program will help safeguard the practice. The practice manager still remembers the ...

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Integrated Private Practice – A Good Idea?

Integrated Practice

I.              What is a Multi-Discipline Practice? Healthcare in America is becoming increasingly integrated. For instance, the American Medical Association (“AMA”) notes rapid changes in healthcare delivery and an expanding environment of integrated modes of practice.[1] A strong impetus for this change was the enactment of the Affordable Care Act, which created a broad regulatory framework for such initiatives as clinical ...

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Captive Insurance Companies: Recent Law Change

A captive insurance company is created to insure the risks of a specific business. Even though a business can transfer risk to an insurance carrier, exclusions in conventional insurance contracts often force business owners to absorb the hefty costs of a claim.  Fortunately, owning a captive can minimize or even eliminate these exclusions. To create a captive, an individual typically ...

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