Is Your Office Utilizing An Outdated Advanced Beneficiary Notice of Non-Coverage Form?

medicare abn

medicare abnBy: Zach Simpson

Does your office treat Medicare or Medicaid beneficiaries? If so, this article is vital to you and your staff. The first question that I want all of you to ask yourself is if your practice treats Medicare or Medicaid beneficiaries do you know what an ABN is, and why they are vital for your practice? The acronym ABN stands for Advance Beneficiary Notice of Non-coverage. ABNs safeguard your practice’s right to collect on non-covered services (other than statutorily excluded services) from patients who have Medicare or Medicaid. Multiple organizations I have worked with throughout my career had never been informed about ABNs or had never been properly educated on how utilize them. This article is intended to provide you and your practice with the most recent information regarding the renewed ABN form that became mandatory for use on January 1, 2021.

As of January 1, 2021, a new Fee-for-Service Advanced Beneficiary Notification of Non-coverage became effective until it expires on June 30, 2023. In the event that your practice has been utilizing the same ABN forms for years then listen up.Continue reading

Supervision of Electrologists

By: Chase Howard

Changes are coming to the way Electrologists in Florida may be supervised when performing laser hair removal. For years, direct, on-site supervision by a physician was required in order to allow an electrologist to perform laser hair removal. Recently, the Board of Medicine and Electrolysis Council agreed to a rule change, altering the method of supervision to include telehealth.Continue reading

This Florida Healthcare Law Firm Can Spare You from Legal Headaches

health care law attorney Florida

Florida Healthcare Law FirmFor physicians who are overwhelmed with legal issues this year, the outstanding attorneys at florid healthcare law firm will simplify even the most complex issues and spare you from unnecessary stress and financial burden.

Let’s face it…2020 has been a year of unprecedented challenges. The pandemic has shone a spotlight on the overwhelming medical-related issues faced by hospitals, physicians, dentists, practices and facilities throughout the country. Every decision you make as a medical professional now has additional ramifications. The consequences are daunting. Don’t waste precious time and money trying to navigate this field of legal headaches alone. At Florida Healthcare Law Firm we can guide you, advise you and ensure that all of your legal matters are handled with expert care. Why? The answer is simple: We don’t dabble in medical legal matters; we specialize in them. With more than 150 years’ collective experience, our expert team is ready to help with every type of medical-related business. From Covid-19 legalities, telemedicine and telehealth—which are hot issues right now—to managed care contracts, treatment center start-ups, selling or buying a practice, defense against a ZPIC audit, hiring and firing or interpretation of standard policies and procedures, we’re there for you every step of the way.

When you meet with a Florida Healthcare Law attorney, you’re guaranteed the best in the business—custom consultations with you, the client, in mind. After all, we’re the state’s first and only boutique legal business, so you get the service you want. We’ve helped small practices, $90 mammoth facilities, urban centers, rural hospitals, pharmacies, laboratories, durable medical equipment companies and ambulatory surgical centers. We’ve successfully negotiated financial raises and taken care of licensure, certification and accreditation issues. Why use up your time better spent with patients when you can schedule a complimentary appointment with our seasoned legal team and discuss your needs? You have nothing to lose and everything to gain, especially with our flat-fee pricing and a money-back guarantee. Lower your legal stress level this year; it’s one positive thing you can do to manage your medical business during this difficult time. Contact the professionals at Florida Healthcare Law Firm today.

Prepping Your Dental Practice for Sale

dental practice sales transaction

dental practice sales transactionBy: Chase Howard

Thinking About Selling Your Practice? Preparation is key and the difference between a successful sale and seller’s regret.

Step 1: Call Your Financial Planner

  • Be sure that you can afford to leave the business
  • Most buyers will require a comprehensive non-compete and you should be certain that you are financially prepared to retire, sell, or move before signing any restrictions.
  • You will also want to ensure that you are planning for the income you are about to receive. Are there vehicles in place or options that are best to ensure the purchase price is put to its best use for you.
  • Consider post sale options if not retirement – are you going to be employed by the buyer? Are you selling to an associate and will phase out? Are you just moving and will need to find new employment/open a practice?

Step 2: Visit Your Accountant

  • Your business is only worth as much as can be defined on paper.
  • If a potential buyer cannot make sense of your accounts and assets, you may leave significant value on the table.
  • Get your financial history in order by reviewing tax returns, profit statements, AR reports, and payroll history for prior 3-4 years.
  • Clean up creative bookkeeping – you will have to promise the buyer that your financial statements are true and accurate.
  • Have your accountant help value assets of your business – or use an appraiser if necessary.
  • Discuss company structure – there may be restructuring needs or you may need to transition to a different structure for tax purposes.

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Attorney Steven Boyne Joins Florida Healthcare Law Firm in Delray Beach, Florida

florida healthcare law firm managed care attorneyJune 1, 2020 – Florida Healthcare Law Firms adds experienced attorney Steven Boyne to the team to assist with human resource law, corporate and transactional law, as well as telemedicine, healthcare tech and cyber breaches.

Florida Healthcare Law Firm has announced that they have added Steven Boyne to the team. Steven brings over twenty plus years experience working with different types of healthcare entities from Air Ambulances to large healthcare insurance companies, and everything in between. Steven specializes in areas including specific healthcare business human resource issues, telemedicine and HIPAA, strategic disaster planning for healthcare providers, business interruption insurance, health insurance and air ambulances.

“Positioning your healthcare business to be proactive is one of the most important things you can do. Who would have imagined we’d see a global pandemic in our lifetime? Being prepared for ‘interruptions’ help keep your business afloat when disaster strikes, especially when it comes to finances. Steven’s experience in large health insurance companies brings a wealth of knowledge and expertise that will help individual practitioners be just as prepared as the big guys. And, as technology grows in the healthcare industry, Steven is on board to help with his tech expertise,” Florida Healthcare Law Firm COO Autumn Piccolo says. Founder and President, Jeff Cohen, goes on to say that, “We advise many clients on telemedicine and telehealth laws. Steven’s passion for tech is a great addition for current and future clients. His unique firsthand knowledge on cyberbreaches, tech software and security systems is hyper-specific, which will benefit healthcare business owners.Continue reading