Summer 2007

Steps to Better Billing

Your medical practice has payroll to meet and bills to pay. So it’s critical to get cash in the door and deposited in the bank in a timely manner. By making adjustments in your billing procedures, your practice may be able to enhance collections and reduce denied claims. Read more...

A Practice-Building Strategy Checkup

Achieving satisfactory growth of your patient base generally requires more than simply delivering quality care. Are you using these effective strategies for marketing your medical practice? Read more...

Controlling Your Samples

Patients may welcome the “gifts” of samples you’ve received from drug reps, but your supply requires ongoing attention to avoid potential problems. Read more...

Watch for Performance Warning Signs

Even if your practice is running smoothly and doing well financially, you shouldn’t take your eye off the ball. You may have a problem to solve if you see one or more of the following warning signs of deteriorating practice business performance. Read more...

Medical Briefs

Malpractice Case Analysis

A Harvard School of Public Health analysis of resolved medical malpractice cases found that nationally, about 40% of the cases were groundless -- 3% had no evidence of patient injury and 37% had no evidence of medical error. Read more...

Somerset Health Care Team News

Jeff Boomershine, David Wolfe and Kathy Rokita will be exhibiting at the RBMA Conference in Nashville, Tennessee from September 16 to 18. Please stop by to visit us at Booth 419.

Cathy Weaver will be presenting "Advanced Payer Contracting" at the OAASC 2007 Cherry Valley Retreat, which is taking place in Newark, Ohio on September 20 and 21. Somerset will also be exhibiting at the conference at Booth 13.

Somerset will be exhibiting at the IFASC Fall Conference on September 21 at the Ritz Charles in Carmel, Indiana.

Health Care Commentaries is provided by Somerset’s Health Care Team for our clients and other interested persons upon request. Since technical information is presented in generalized fashion, no final conclusion on these topics should be made without further review. For additional information on the issues discussed, please contact a member of our Health Care Team. This document is not intended or written to be used, and cannot be used, for the purpose of avoiding tax penalties that may be imposed on the taxpayer.

Somerset CPAs, P.C.
3925 River Crossing Parkway, Third Floor
Indianapolis, Indiana 46240
317.472.2200 • 800.469.7206 • FAX 317.208.1200
www.somersetcpas.com

2007 Midwest Ambulatory Surgical Center Benchmark and Salary Survey

THANK YOU to the facilities who completed
the online survey.

The survey ended on September 9th. If you were unable to complete it and would like to participate, please contact Mary O'Neil at 317.472.2586 or moneil@somersetcpas.com.
 

Strictly Pediatrics Subspecialty Center
Austin, Texas

Read the Developmental Case Study Online


 

Kathy Rokita and Cathy Weaver of our Health Care Team, along with Cynthia Bay of our Real Estate Team, will present Cash Flow & Budgeting for Women on Thursday,
October 4. 

Click here for more details on our Financial Seminars for Women Series.  Click here to register via email.