23 Questions To Ask Before Creating A Finacial Policy For Your Medical Practice

Written by guest blogger, Mary Pat Whaley Your financial policy is your roadmap and will determine how the practice will handle the collection of patient balances. The financial policy is the document your practice will come back to time and time again. If a question arises, ask “What does our Financial Policy say?"Publish it electronically on your website and physically in new patient packets and have your patients sign it and keep a copy of … [Read more...]

You Need To Read This If Your Practice Is In Illinois

A few weeks ago, I went to a luncheon at our local hospital to learn about the IL Managed Care rollout. I left the luncheon with one thought, this is going to be messy. Perhaps worst of all, the expectations is for doctor offices to clean up the State’s unorganized, information lacking, poorly executed rollout. The transition to Manage Care is affecting 1.5 million people in the State. Many of those children that are potentially in jeopardy of … [Read more...]

Illinois Attestation for Medicaid Payment Increase? Not Yet

As some of you know, The Affordable Care Act includes a historic investment to expand access to Medicaid for children. As of January 1, Medicaid payment rates are raised to at least Medicare rates for primary care and immunization services. While this increase is part of existing federal law, eligible pediatricians must sign up to receive it: States may have their own reasonable deadlines for pediatricians to sign up ("self-attest") for the … [Read more...]