Don’t Misclassify Your Associates and Other Workers
New rules differentiate between employees and independent contractors, and are crucial for employers. Understanding six key factors prevents misclassification and associated consequences.
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A Simple Check that Can Save Thousands (and Prevent Sanctions)
Federal law gives authority to the Office of Inspector General (OIG) to impose Civil Monetary Penalties to practices that hire an employee/contractor who has been excluded from Medicare (or other federal programs). If the employee/contractor is involved in any part of service to the Medicare (or other federal program) patient, it can create a penalty liability as much as $10,000 PER service rendered.
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How Do I Get Credentialed with Insurance Companies as a New Provider?
No matter whether you are an associate, independent contractor or have your own practice, one of the hurdles to getting paid for your services is becoming credentialed with insurance companies. Most new chiropractic physicians are shocked at the time it takes to accomplish this task. Some insurance carriers can complete credentialing within 30 days — others may take up to 180 days. Here are some tips to help you streamline the process:
Read MoreBehavioral Controls – IRS Worker Classification
This week we look at the behavioral controls that the IRS considers when reviewing classifications of employees versus independent contractors. Watch the video to learn more!
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Delegation to Licensed and Unlicensed Personnel
The authority of a physician to delegate patient care to office staff may well be one of most important tools in running a chiropractic practice.
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Self-Referral and Anti-Kickback Laws
Much has been written about “self-referrals” and “kickbacks” in health care. Stated simply, health care providers may not make referrals to entities in which they have a financial interest, and they may not pay for referrals or receive “kickbacks” (commissions) for referring patients to other providers.
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Multiple Provider Practice Arrangements
Obtaining a license as a chiropractic physician is demanding enough, but the choice of where and how to practice can seem almost as daunting. One of the first issues a physician must confront is whether to operate as a solo practitioner or within a multi-physician setting. The array of available legal arrangements is vast, as is the number of considerations that affect the decision.
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BCBS-IL and Massage Therapists
The ICS has previously noted Blue Cross BlueShield of Illinois (BCBSIL) announcements regarding the change in procedures for billing of services rendered by licensed massage therapists in the physician office.
Read MoreCorporate Club Members
