Medical Malpractice News

27Mar, 2017

Deducting medical malpractice insurance costs on taxes

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Deducting medical malpractice insurance premiums depends on the nature of the taxpaying entity, the taxpayer’s income and the taxpayer’s relation to the insuring party. In general, self-employed physicians who are either owners of a practice or work as independent contractors face fewer difficulties when attempting to deduct medical malpractice insurance premiums on their tax returns.
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8Dec, 2016

What is MACRA?

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Every couple of years, seemingly out of nowhere, a new hot topic pops up in the healthcare industry. Not long ago HIPAA compliance was all that was talked about, before that RAC Audits, SGR fix, Affordable Care Act, and on and on.  With each new push for something new comes a new wave of fear in the medical community.  The latest buzz in healthcare seems to be MACRA, MIPS, and APMs, and the anxiety is rising as providers try to understand how it works, and how it affects them.  In […]
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22Jul, 2015

Are You Ready for ICD-10?

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As a medical provider or practice administrator are you prepared to transition to ICD-10? Many practices are ready for the new system, but some are way behind and will have medical claims rejected if they aren’t using the appropriate codes. In order to avoid billing problems with Medicare and Medicaid medical providers need to get up to speed on ICD-10. The World Health Organization has created the 10th revision of the International Classification of Diseases, called ICD-10. It is a system of codes for medical records that includes diseases, symptoms, […]
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