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I just came across a new survey by an independent firm to assess healthcare organizations’ (mostly hospitals) understanding and preparation for the development of Accountable Care Organizations (ACO.) The respondents were 200+ CEOs, COOs, CFO, CIO and other “C” types. Very, very smart people. Guess what? They don’t have it figured out either. . . . → Read More: ACOs: More Questions Than Answers If you are not managing your rehabilitation business to budget, you may be leaving money on the table. A budget planning process forces you to think through your whole business model. White it’s not written in stone, a budget acts as a benchmark for you to compare actual activity to projected activity. A monthly . . . → Read More: Don’t Leave Money on the Table If you received a letter from The Centers for Medicare & Medicaid Services (CMS) requesting that you re-validate your Medicare enrollment, you’re not alone. More than 1.4 million healthcare professionals will be notified between August 2011 and March 23, 2013. The re-validation process is part of CMS’s massive anti-fraud effort. While re-validation has always . . . → Read More: CMS Revalidation: What it Means to Physical Therapy Practices The most common way an employee earns shadow stock is through years of service and performance. For instance, a therapist should have three to five years of service at your practice and be a high performer. Design an application that your employees can fill out if they’re interested in attaining shadow stock, so you . . . → Read More: Shadow Stock: Building the Program |
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