Financial Policy
Physician clinic owners benefit from a clear financial policy, ensuring smooth operations and patient empowerment through transparent billing guidelines.
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Work Comp Update 2015
The amendment provides that the Illinois Industrial Commission is now known as the Illinois Workers’ Compensation Commission.
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Small Business Employer Obligations
The ICS keeps physicians aware of employment laws and regulations that apply to the physician office as an employer.
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Business Structures for a Physician Practice: How to Form and License Your Entity (Part II)
Once a business structure choice has been made, the next steps are forming the entity, and, where required, obtaining licensure and an employer identification number.
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Medical Necessity Requirements
On December 23, 2015, the Centers for Medicare and Medicaid Services (CMS) released a new instructional video describing their policies and procedures for establishing the medical necessity of chiropractic care.1 The video was released on the heels of a new study released by the Office of Inspector General (OIG), “CMS Should use Targeted Tactics to Curb Questionable and Inappropriate Payments for Chiropractic Services”2, which revealed extrapolated data suggesting fraud and abuse in chiropractic Medicare utilization.
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Prompt Pay and Balance Billing
Are Employers required to pay charges directly to the provider within 60 days?
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Professional Limited Liability Company (PLLC): Requirements to Create and Verify
A PLLC is created by filing Articles of Organization with the Secretary of State. There is one form for all LLCs, with specific instructions.
Read MoreCommon Fund Doctrine
In a written opinion just released, the Illinois Supreme Court has ruled that attorneys who recover money for injured parties may not deduct legal fees from health care providers.
Read MoreCorporate Club Members
