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Don’t Let Tax Season Sneak Up: Use This Checklist

Nurse Practitioners in Business

Now, lets go through the checklist #1 Gather Essential Business Documents While this is an essential step, it may take the longest. Make sure you have all the necessary financial documents in one place. Below are the business documents you may need to prepare your return. Retain copies of all tax documents in case of an audit.

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Take The Deduction; Pay Less Tax

Nurse Practitioners in Business

You must be able to document all expenses or losses you claim as a deduction. Maintain all receipts and documentation of your expenses in either digital or paper format. If you are audited but cant support your deduction with proper documentation, the IRS may disallow the deduction, and you may be required to pay additional tax.

Business 195
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How to Conduct Effective Compliance Audits 

American Medical Compliance

The healthcare industry is highly regulated, with various laws such as the Health Insurance Portability and Accountability Act (HIPAA), the Health Information Technology for Economic and Clinical Health Act (HITECH), and the Medicare and Medicaid Services (CMS) regulations shaping operations.

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Taking Action when Your Health Insurance Company Says DENIED

Nurses Advocates

So, how does the average consumer act when their health insurance company says DENIED? Explain in plain language how their health insurance works and how they can learn to manage their benefits/costs. Talk to them about their lifestyle and habits (good and bad) and how they can impact their health.

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Documentation and Provider Standards Training

American Medical Compliance

The following Documentation and Provider Standards Training educates healthcare providers on the significance of documentation compliance in healthcare. Documentation Guidelines and Standards The legal system views documentation as a fundamental component.

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Privacy Alert – Real Life Stories

Nurse Practitioners in Business

HIPAA (Health Insurance Portability and Accountability Act) violations occur when the privacy or security of protected health information (PHI) is compromised. Consequence : Not training employees could result in fines and mandated corrective action plans by the Department of Health and Human Services (HHS).

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Managing Healthcare Staff with Compliance in Mind

Celayix

Here are some reasons why compliance is essential: Patient Safety: Following rules like the Health Insurance Portability and Accountability Act (HIPAA) or standard precautions protects patients from infections and data breaches. With well-documented schedules and shift management, hospitals can avoid costly errors and wasted resources.