MedExec CPAs

MedExec is a responsive, tech-savvy CPA firm helping small to mid-size medical practices achieve profitability and growth.

[MedExec CPAs @MedExec_CPAs]

If you're like us and looking for medical, factual updates on #COVID19, this is a great resource. In this video update, Dr. Seheult provides links to data trends, the progress of a new treatment, and using FAR-UVC light as a disinfectant.

https://t.co/2vTp25fGry

[MedExec CPAs @MedExec_CPAs]

This is extremely promising news of a one-minute #COVID19 test administered via a breathalyzer. We know that widespread testing is key to reopening the economy, and this new device could play a large part in that. https://t.co/cMwYXOKdvA

[MedExec CPAs @MedExec_CPAs]

A new CPT code and description has been created for novel coronavirus (COVID-19) testing, according to the American Medical Association (AMA).

The CPT code is 87635, and is a child code listed beneath parent code for microbiology procedures (87471).

https://t.co/TAIPuebm8x

[MedExec CPAs @MedExec_CPAs]

How can you add revenue to your #PCP? There's no one-size-fits-all checklist but there are a few areas you can look at for inspiration. Think coding errors, documentation, preventative care, and more clinical time.#healthcarecpa

https://t.co/6M9qzX96YT

[MedExec CPAs @MedExec_CPAs]

Here's where the surprise medical bill legislation currently stands. It's focused on hospitals and ER visits, but any size medical practitioner should be paying attention to developments in these 2 proposals. #healthcarecpa

https://t.co/UlNuqov6uP

[MedExec CPAs @MedExec_CPAs]

What's trending in #physician revenue streams this year? New fee schedules, the push for value-based care, and mergers among small practices are all trends to monitor. #healthcarecpa

https://t.co/QiFLxfbv3q

[MedExec CPAs @MedExec_CPAs]

"For medical practices that have not yet embraced #telemedicine, this could be the perfect opportunity to get patients on board and start providing an additional service that could eventually grow the practice."

Stay healthy, friends.

https://t.co/HHpJ9zFT93

[MedExec CPAs @MedExec_CPAs]

To all of our clients:

After searching through many updates and sources we found this to be one of the most helpful. Attached is an update from our partners at Paychex about the recent Families First Coronavirus Response Act (HR6021):

https://t.co/f4ERJqgmXt

[MedExec CPAs @MedExec_CPAs]

We love #Quickbooks. It's one of the most efficient ways to organize a medical practice's #bookkeeping. Here are a few ways it helps office admins, like payroll, billing, vendor payments, tax filing, and #cashflow. #healthcarecpa

https://t.co/PKaf7Owxfh

[MedExec CPAs @MedExec_CPAs]

How's tax season going so far? Here are a few pointers from fellow #physicians to help make it a little smoother and more predictable. #healthcarecpa

https://t.co/MnduZlgGfH

[MedExec CPAs @MedExec_CPAs]

@MGMA sent a letter to #HHS and #CMS asking them to take immediate action to implement new #telehealth waiver authority provided under recent #coronavirus preparedness legislation for COVID-19 testing and treatment. Full story here: https://t.co/i0Z8jPHZSi

[MedExec CPAs @MedExec_CPAs]

Better #healthcare accounting leads to more revenue and better profits. Poor bookkeeping won't ruin your #medical practice, but it will prevent you from growing, enjoying more $$, and lowering your stress levels.

https://t.co/p5AJPyODkP

[MedExec CPAs @MedExec_CPAs]

What kind of numbers should a #medical practice keep track of? From an #accounting perspective, important ones are operational costs, direct and indirect expenses, overhead costs, and patient data.

https://t.co/TkoJ20pKI7

[MedExec CPAs @MedExec_CPAs]

Do you want to increase productivity in your #medical practice? Sometimes, even just a few changes can go a long way. One of the biggest ways to do this is to improve #bookkeeping and coding. There is no substitute for being on-time with billing. https://t.co/0aNyJciwvG

[MedExec CPAs @MedExec_CPAs]

What does the future of your #medical practice hold? If you can't step away for a few days at a time or you have growing commitments at home, it's time to evaluate your #successionplanning options. From @PhysiciansPract.

https://t.co/Zv2TU4pAhJ

[MedExec CPAs @MedExec_CPAs]

#Physicians planning for #retirement should bear in mind these #tax implications and planning opportunities, like type of income, #SS, #healthcare, #RMDs, and more. Much has changed in U.S tax policy; keep your CPA informed of your plans. https://t.co/CSU2pDR6ND

[MedExec CPAs @MedExec_CPAs]

The #PrimaryCareFirst program launched on Jan. 1, 2020. From @medicaleconomi1 find out what doctors can expect in cost reimbursements and first steps to getting enrolled. #Medicare

https://t.co/WL4MXGMNcL

[MedExec CPAs @MedExec_CPAs]

Long-term financial security for #physicians should include disability insurance. But issues related to #taxes, coverage, and overall definition need to be explored in detail. https://t.co/w0afyjbtPV

[Solventum Health Information Systems @SolventumHIS]

Alternative payment growing in states: https://t.co/MJUtgqJ3tZ via @modrnhealthcr

[MedExec CPAs @MedExec_CPAs]

#PE or #VC: which is best when selling a #medical practice or seeking investors? The @AmerMedicalAssn has a new resource to help #physicians decide. We've also helped docs navigate these areas, too. https://t.co/zsX7RQJOmI