Tag: medical practice management

Healthcare providers must act by June 3 to receive additional relief fund general distribution payment

Today, the U.S. Department of Health and Human Services (HHS) is reminding eligible providers that they have until June 3, 2020, to accept the Terms and Conditions and submit their revenue information to support receiving an additional payment from the...

Medical Practice Owners and Healthcare Providers Eligible for CARES Act Relief Through HHS

Medical practice owners and healthcare providers are eligible for some of the $50 billion CARES Act relief funding through the Department of Health and Human Services (HHS).  All relief payments are being made according to tax identification number (TIN). For...

CARES Act Provider Relief Fund brings help to physicians and other healthcare providers during COVID-19 pandemic

As part of the $2 trillion CARES Act, $30 billion is being distributed immediately to eligible healthcare providers throughout the American healthcare system. These are payments, not loans, to healthcare providers, and will not need to be repaid. Who is...

Nurses working independently must apply for LLC, not PLLC

Nurses working independently in the state if Michigan must apply for an LLC, not a PLLC. Here’s why. Under the Public Health Code, a nurse must work under the delegation and general supervision of a physician. Therefore, the service being...

Recent tax case related to income from surgical center

In Stephen P. Hardy and Angela M. Hardy v. Commissioner, the U.S. Tax Court found that Dr. Stephen P. Hardy, a plastic surgeon who owned a minority interest in a surgical center, was allowed to treat his income from the surgical...

Metro Detroit physicians should follow this checklist for a healthy office

Many of our clients at our Novi-based accounting firm are physician and physician groups, and helping hundreds of local doctors manage their practices over the years has taught us a few things about what circumstances make for a successful office. ...

Our favorite ways to better manage your medical practice

We like this exhaustive list on 101 Ideas for Increasing Revenue and Decreasing Expenses in Your Medical Practice from the blog Manage My Practice. The ones we've seen work particularly well for our medical practice clients include: 1.  Add physician...