NSCHBC Edge Podcasts
Keeping healthcare employees motivated during a national staff shortage crisisIs your staff suffering from spring fever? And how can you motivate the “keepers” with the nationwide landscape of staffing shortages?
In this episode, Terry Fletcher is joined by healthcare consultant and fellow NSCHBC member Merikay Hunt to discuss the employer-employee relationship, and how to keep the staff you not only want, but also need.
The Secret to Maximizing your ReimbursementThis month on the NSCHBC Edge Podcast, Terry welcomes NSCHBC member and Certified Healthcare Business Consultant, Jackie Coult. Jackie is a SME in practice and revenue cycle transparency and negotiations. Discussions will focus on, how to set gross charges, best practice methods for setting these rates, why it’s important and what kind of revenue is missed. Also, how practices and providers, monitor the payor reimbursement annually so that reimbursement changes, don’t have a negative impact to the bottom line. Physicians! We have your back!
Compliance Plans or Compliance Programs: Internal Policy ManagementThis month on the NSCHBC Edge Podcast, Terry welcomes a new member, Healthcare Consultant Christine Hall, to discuss the importance of Compliance Programs, Policies, and Accountability for actions in a physician’s practice. They discuss how to start the process of implementing a Compliance Program, and what departments need to have clear rules and best practice policies to be successful. Don’t forget the ACA and OIG state clearly that to collect government funds (Medicare payments, PRF, etc.), as it is “required” to have a compliance program in place. Also, commercial insurance contracts now require some kind of compliance program as part of a your contract participation. Are you prepared?
Self-Reporting: Last Minute Federal Regulations of 2022Terry welcomes back, our own Compliance Guy, NSCHBC member, Sean Weiss to discuss, the last ditch regulatory add of CFR 42, on Self-Reporting, and the proposed changes to the 60-day rule for Medicare. This means that if you find an over-payment from a federal payer, what is your responsibility to identify it, return it, and what is the timeline? Terry and Sean discuss the ins and outs of this process and the importance of being proactive in your compliance and self-auditing policies.
PRF Single Audit Act RequirementsIn this episode of the NSCHBC Edge podcast, Terry welcomes back Healthcare attorney and NSHCBC member Amanda Waesch Esq, to discuss the Single Audit Requirements, for providers and recipients that spent $750,000 or more in federal funds, including Provider Relief Fund (PRF) payments. There is some confusion on who has to report, when and why. Amanda and Terry try and clear up this confusion, and give you the tools and cited references for compliance.
Private Equity Pros and Cons in the Medical and Dental spaceWhat is PE? PE is comprised of funds and investors that directly invest in private companies. Most PE firms invest in companies and then look to sell their stake in 3 to 5 years for a substantial profit. So how does this translate to the Healthcare field with Medical and Dental practices being courted daily by PE investors? Listen to the NSCHBC Edge Podcast this month to get the insights from healthcare attorney Bill Kalogredis and podcast host Terry Fletcher to consider your Pros and Cons options.
Retirement Planning for Physicians and DentistsHow much does the average physician retire with? When is too soon to start planning? What age does a physician usually retire? Did the pandemic change the retirement mindset? Are physicians retiring early due to financial readiness or burnout? Traditional 401(K)s? Pensions? IRA's? What is the right fit for a physician and/or dentist?
Listen to this edition of the NSCHBC Edge podcast for all of the answers to these important questions, as Terry talks with fellow NSCHBC member and Healthcare CPA Marc Lion.
RCM Staffing: Right People in the Right job?Healthcare Coding and Reimbursement Consultant and podcast host Terry Fletcher, and fellow NSCHBC Member, and industry expert David Zetter of Zetter Healthcare, discuss not only RCM department staffing issues, but some of the problems that can arise when the wrong people are in the wrong job, but will bring you the positives when the right fit happens in the Medical and Dental Practice central billing office. Listen in to the NSCHBC Edge Podcast this week for answers to the right questions.
RCM Round Table : Revenue Cycle Management Tips for Physician PracticesIn this edition of the NSCHBC Edge Podcast, Terry Fletcher invites NSCHBC members Vinod Sankaran and Misty Haralson for an RCM Round table discussion. Hear fellow healthcare consultants in the RCM space discuss physician and dental practice pain points and how to be efficient in your Revenue Cycle Management efforts. Join us for this important discussion focusing on verifying eligibility, billing errors, denial management, and IT.
When a Physician or Practice ponders the idea of selling their businessThis edition of the NSCHBC Edge Podcast targets Physician Practice Valuations.
Are you asking yourself: "Is it time to sell my practice?", "How do I get started?", or "How long will it take to sell my practice?"
If so, you’ve come to the right place! Terry Fletcher, along with fellow NSCHBC member and certified valuation consultant Alex Nechay, CVA, CHBC, will be talking about knowing when it is the right time, the process of valuation, and who to go to, to begin the process.