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HMOs vs PPOs

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As the owner of a new or growing medical practice, it’s important to have a strong understanding of your patient’s health insurance options. The vast majority of your patients will be enrolled in either an HMO or a PPO medical insurance plan. Understanding the differences between these two types of insurance will help you and […]

Types of Medical Insurance

Business/Casualty Insurance

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Casualty insurance, also known as liability insurance, protects you and your medical practice from being responsible, or liable, for negligent acts. Worker’s compensation is a type of casualty insurance. Malpractice insurance can fall under this category as well. It’s important to note that casualty insurance is not connected to other forms of insurance like life, […]

Insurance Types Needed for a Medical Practice

Life Insurance

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Life insurance is not just one more expense to add to the many expenses of running your own medical practice. It’s also not just a way to protect your family in the event of your passing. Instead, life insurance has recently become a financially sound way to protect your assets. In other words, life insurance […]

Life Insurance

In-House Medical Transcription Vs Outsourcing

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You know your medical practice needs medical transcriptions as part of its daily operations. Medical transcriptions allow physicians to verbally record notes and patient procedures and have those recording transcribed into electronic format. But should medical transcriptions be performed in-house or outsourced to a medical transcription company? There are pros and cons to each approach. […]

The Mystery Of Medical Transcription

Medicare And Medicaid Audits

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If your medical practice accepts Medicare and Medicaid, you may be at risk for an audit. As instances of medical fraud have risen, the government has developed 7 different types of audits to prevent overpayments, underpayments, waste and abuse in the healthcare system. Appealing a decision made as the result of an audit can be […]

What is Fraud Investigation?

Types of Medical Insurance

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Insurance plays a big part in the daily operations of any small business. Like the average business owner, your medical practice needs coverage for everything from employee benefits to rental insurance. But in addition to choosing coverage for normal small business liabilities, medical entrepreneurs have to decide which types of medical insurance to accept from […]

Insurance Types Needed for a Medical Practice

What is Fraud Investigation?

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Fraud investigation occurs when a state or Federal agency suspects a medical practice of making fraudulent mistakes in their Medicare and Medicaid billing. A fraud investigator can be hired by a private company, the FBI, or the IRS to investigate possible fraud in your practice. Fraudulent claims and patterns of erroneous medical coding are likely […]

OIG Compliance


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