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When “Easy Money” Leads to Career-Ending Mistakes

Nurse Practitioners in Business

It seems that every week, I come across another press release from the OIG (Office of Inspector General) announcing that a healthcare provider has been convicted of Medicare fraud. But what hits me the hardest is when I see a fellow Nurse Practitioner on that list, especially when it’s someone I know. No, it is not!

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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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Record-Keeping Beyond Charts

Nurse Practitioners in Business

Financial Records Every business is required to track and record all income and expenses. Maintain records of Breach Notification Policies, Business Associate Agreements, and Access Logs (if applicable). Business financial & tax records for 7 years (check current IRS rules). Record Retention: How Long is Long Enough?

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What Is A Clearing House & Do You Need One?

Nurse Practitioners in Business

However, it is strongly suggested that you do, considering Most larger insurance companies, and certainly Medicare and Medicaid, prefer and/or require electronic claims submission, which includes a clearinghouse for efficiency and accuracy. You’re only billing a single payer, such as Medicare, and they allow direct submission.

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CPD made easy – The experts’ guide to continuing professional development

Nursing Review

However, nurses and midwives who hold an endorsement, such as Nurse Practitioner, must complete an additional 10 hours related to diagnostic investigations and medical prescriptions. Lastly, nursing presents many leadership opportunities and is a key feature of our healthcare system.

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Twelve Dollars for a Loaf of Bread?

Nurse Practitioners in Business

Legal, ethical, and contractual limits, including those established by Medicare , Medicaid , and other insurance fee schedules, may prevent you from increasing prices even if demand would support it. EAMP; regular contributor to the NPBusiness blog and author of “S mart Business Planning for Clinicians. But not in healthcare.

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Is Your Practice Ready for Growth?

Nurse Practitioners in Business

Many NP business owners seek ways to grow their practices, not only by seeing more patients, but also by diversifying their revenue streams beyond traditional patient visits. Now, lets discuss services and products NPs can add to grow their businesses. appeared first on Nurse Practitioners in Business.