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Don’t Let Tax Season Sneak Up: Use This Checklist

Nurse Practitioners in Business

People and businesses get ready to file their yearly income tax. While business filing dates can vary with the choice of business structure and date of formation, most small business owners file their business taxes when they file their personal tax returns. The tax season is moving into full swing.

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Take The Deduction; Pay Less Tax

Nurse Practitioners in Business

Personal vs Business Deductions The tax code allows tax deductions for both individuals and businesses. Certain tax deductions, for example, charitable contributions, are available to both individuals and businesses. However, there are far more tax deductions available to businesses than individuals.

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What Is A Clearing House & Do You Need One?

Nurse Practitioners in Business

A clearinghouse or, in healthcare, a medical billing clearinghouse, acts as a middleman between your practice and health insurance companies. The clearinghouse reviews, formats, and securely transmits your electronic claims to payers (insurance companies) after youve submitted them through your EHR or billing system.

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HIPAA: What You Can and Can’t Disclose

Nurse Practitioners in Business

HIPAA, the Health Insurance Portability and Accountability Act, has been around since 1996. One of its primary directives is to protect the privacy and security of patients’ health information. Of course, that doesn’t mean PHI (Personal Health Information) is always safe and protected; violations do occur.

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Foot care nursing

American Nurse

Legal and professional considerations CFCNs who want to start their own clinic or business should evaluate which setting and reimbursement platform to pursue. Although nurses should check their state nurse practice act prior to developing their business structure, foot care remains one of the few areas that allows RN self-employment.

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HIPAA Violations and Small Practices

Nurse Practitioners in Business

HIPAA, aka the Healthcare Insurance Portability and Accountability Act, requires providers and healthcare organizations to protect patient health information. ” Before I go further, let me remind you that even though the I =Insurance, this is not about practices or businesses that take insurance.

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Privacy Alert – Real Life Stories

Nurse Practitioners in Business

HIPAA (Health Insurance Portability and Accountability Act) violations occur when the privacy or security of protected health information (PHI) is compromised. In Conclusion, As with everything in your business, the buck stops with you! I realize you are well familiar with HIPAA. What constitutes a HIPAA Violation?