Practice Management

PQRS Web Based Training

The CMS Physician Quality Reporting System (PQRS) Program: "What Medicare Eligible Professionals Need to Know in 2014” Web-Based Training Course — Released

Do I Need Error and Omissions (E&O) Insurance for My Billing Company?

Having a billing company for the past 20 years, has been a great journey, 20 years ago it was called a Home-Based Business, today it is called a Corporation, more for protection and liability reasons. Over the years Medical billing has been considered low risk until now, and now has developed into a huge liability with HIPAA, E&O and Business Associate agreements to name a few. I have not had to consider whether to carry insurance on my small company until now.

It is apparent as the healthcare changes so does Managed Care contracts.  You need to be more aware, they are more complex than ever and can be confusing, take heed as you enter into a new contract as a participating provider.  Below are just a few issues to be sensitive to and is in no way inclusive of everything you need to be aware of.

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