Receiving Payment is Getting Harder for Out-of-Network Providers
We all know that being an out-of-network provider in most cases is more financially advantageous than being an in-network provider; this is because payment reimbursement is higher if a provider is out-of-network. But over time, managed care payers are making it more and more difficult for those providers that want to be or stay out-of-network.
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Audits for Medicare fraud put doctors on defensive
After 18 months, three levels of appeals and $150,000 in legal expenses, doctors with Premier Medical Group in Clarksville TN can breathe a sigh of relief after an administrative law judge ruled in their favor in a dispute with Medicare. Read this article from The Tennessean, June 12, 2008 - This can happen to you!
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Avoid Unexpected Tax on Retirement Plan Loans
Approximately one out of five participants in company retirement plans borrow money from the plans. In fact, if interest rates rise, plan loans become more attractive. You may be able to get a better interest rate deal from your retirement plan (usually one or two points above the prime rate) than from a financial institution. And, of course, the interest paid on the loan goes back into your plan account rather than into the hands of the financial institution.
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