Buyer Beware! What to Know Before Purchasing a Practice
Thinking of buying or selling a practice? A great deal can quickly turn into a nightmare if you don’t do your due diligence.
Thinking of buying or selling a practice? A great deal can quickly turn into a nightmare if you don’t do your due diligence.
Many times, offices walk into contracts to gain new patients or just because everyone in town accepts a specific insurance plan. However, signing a contract without understanding the implications of the contracted rates can lead to financial losses for your clinic.
It is time to protect your practice from this costly mistake. Don’t be an office who comes to us after the recoupment starts, be proactive and make sure you are dotting your i’s and crossing your t’s. We consider that KMC University members are under our care and protection, which includes keeping them up to date on important changes, updates, and news that can affect their reimbursement and compliance. This content is meant for members….
Some Medicare jurisdictions have already updated their fee schedules for 2025, and more adjustments may be on the way. Are you staying on top of these changes?
Big changes are coming to the way you verify Medicare Part B eligibility! CMS has mandated that all Medicare Administrative Contractors (MACs) disable the Interactive Voice Response (IVR) eligibility check by March 31, 2025 — and some MACs are shutting it down even sooner.
Many chiropractors are leaving insurance networks due to low reimbursements and administrative headaches—but what does that mean for your practice?