Have changes in health care law, Medicare regulations, insurance deductibles, and demands by the public driven you to consider a cash practice? In the current healthcare climate of declining reimbursements, many practitioners are considering or have already transitioned to a cash-based approach. It is crucial to understand the legal requirements of a cash-based practice. As a certified compliance specialist, Dr. Fucinari will set the record straight on the rules and regulations about a cash practice.
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Why is the Discount Challenge prize amount $15,024? Because that is the average “per-occurrence” fine for Medicare inducements. That’s not $15,024 per patient, that’s not per provider, that’s PER VISIT. Stinks, doesn’t it? To us, the prize amount is worth the investment if we can help our profession better understand proper discounting.