How to Determine a Timeline to Open Your Medical..
So you’re ready to open your own medical practice. Congratulations! But how can you tell if you’re just ready in theory, or if you’re actually ready…
Choose the Right Corporate Structure
Do you know what type of corporate structure is best for your medical practice? From S-Corps and C-Corps to LLCs, deciding how to structure your business is no small task The right choice will provide substantial tax benefits and protect you from certain liabilities, while the wrong choice could result in higher taxes and responsibilities […]
OSHA Compliance
OSHA, or the Occupational Safety and Health Administration, is a government agency that provides protective provisions for workers within their work environments. Being OSHA-compliant means establishing a safe work environment that meets OSHA’s guidelines. Not only does compliancy protect you and your employees from work-related injuries; it greatly reduces the instances of costly worker’s compensation […]
Document Imaging
Document imaging technology allows you to create, manage, and store electronic files in your medical practice, including digital versions of patient’s medical records. Document imaging reduces paper clutter, frees up office space, and provides an evergreen, electronic copy of the document that can’t be physically destroyed or lost. However, document imaging comes with certain risks […]
How To Choose A Medical Doctor’s Insurance Company
There Are 3 Things To Look For When Choosing A Medical Doctor’s Insurance Company. First, Choose An Insurance Provider That Offers Ample Coverage For Both You And Your Medical Practice. The Company You Choose Should Offer A Variety Of Coverage Plans That Protect You In The Event Of A Malpractice Claim, Liability Claim, Or Other […]
What is HIPAA Compliance?
The Health Insurance Portability and Accountability Act, commonly referred to as HIPAA, sets forth policies that protect the way patient’s medical information is stored and shared. Federal Law requires your medical practice to be HIPAA compliant. This means that the way you protect patient’s medical records and other information adheres to HIPAA standards. In order […]
HIPAA & OIG Compliance Plans
Both OIG and HIPAA offer downloadable compliance forms on their respective websites in order to help healthcare professionals develop and monitor internal adherence to the required guidelines. But reviewing compliance requirements is not enough. In order to maintain HIPAA and OIG compliancy, your practice must create a comprehensive plan that includes the following action steps: […]
HITECH Act of 2009
An important part of being HIPAA-compliant is adhering to provisions laid out by the HITECH Act of 2009. HITECH is an act that was created under HIPAA and expands upon the various protections required to be HIPAA compliant. Here’s what you need to know about the HITECH Act and how it impacts your medical practice: […]