Nov 17, 2016 | Uncategorized
The new Overtime Rule law implemented by the Department of Labor REQUIRES you to modify how you pay some of your full-time salaried employees, or fall victim to expensive lawsuit nightmares.nnEffective Dec. 1st, the new Fair Labor Standards Act (FLSA) rule changes the threshold for salaried employees. In a nutshell, this means you could be among the thousands of practices REQUIRED to pay overtime to full-time employees making less than $47,476 a year. And, noncompliance really isn’t an option.nnSo what can you do about it…nnHuman Resources Expert, Lori Kleiman, SPHR, SHRM-SCP, is offering a healthcare-specific FLSA Overtime Compliance online training session just for you. In only 60-minutes, you’ll receive a step-by-step breakdown of the new FLSA requirements as they relate to healthcare. You’ll learn how to ensure compliance with this new rule – which includes avoiding overpaying your staff too – and have time to get your specific questions as well.nnHere are just a few of the proven tactics you’ll receive by attending this step-by-step, plain-English online training:n
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- Raise salaries or switch to hourly … learn when and how to draw the line.
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- More than just overtime eligibility … we’ll show you how to avoid the other big headaches in this rule too
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- Must-use language in employee conversations … and which words you should skip
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- Policy manual compliance — identify which policies you need to change today
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- Using bonuses as part of your compensation package? Find out what you really need to know
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- Reduce how much overtime pay will really affect your practice’s bottom line
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- Pin down which of your employees the rule change affects: RNs, Office Manager, Front Desk Staff, PAs, NPs, etc.
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- And so much more…
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nWARNING: Every medical practice, clinic, and hospital that has full-time employees, no matter how big or small, is responsible for complying with the new Overtime Rule law — FLSA rule modifications. No one is immune, you must comply by the Dec. 1st deadline. You must take steps NOW to ensure your compliance. Don’t wait, register today.
Nov 17, 2016 | Uncategorized
Sneaky Sneak!nI am seeing some pretty sneaky fee schedules lately! If you cannot explain a fee schedule on the way up the elevator between two floors of your building, it is either too complicated to know if your being paid properly or so vague that you won’t be.nnSome new carriers are popping up to take on older programs or member groups, very often these out of state payers first start off on fishing expeditions trying to catch those who don’t know, don’t pay attention or don’t care. Don’t be one of them!nStay tuned for more Todd’s Tips!nn
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About R. Todd Welter • MS, CPCnFounder and President of Welter Healthcare Partners
nMr. Welter has over 25 years of healthcare industry experience assisting physicians and other providers, hospitals and other facilities with the business side of medicine. Through strategic planning and analysis, Mr. Welter’s main focus is to strategically increase revenues and profitability in this radically changing health care environment.
Mr. Welter has a Masters Degree in Organizational Leadership from Regis University in Denver where he has had an appointment as affiliate faculty in the School for Professional Studies for over ten years. In addition, Mr. Welter holds a faculty appointment at the University of Denver’s University College. In the Health Care Leadership program he teaches Macro Economics in Health Care and Innovative Strategies and Change in Health Care to graduate students.
Nov 17, 2016 | Uncategorized
The Colorado Department of Health Care Policy and Financing made the decision to postpone the Go Live date of:n
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- The new claims payment system (the Colorado interChange),
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- The new provider web portal, and
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- The new Pharmacy Benefits Management System.
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nThe new Go Live date is March 1, 2017.nnProviders should continue to use their current processes for submitting claims, prior authorization requests and provider enrollment updates to the Department. Claims will continue to be processed and paid as they are currently.nnThe additional four months will allow providers and partners more time to complete the enrollment and revalidation process, receive comprehensive training and prepare for associated changes in their business processes. The Department will conduct additional systems testing during this time.nnThe Department will post updates and resources including revised deadlines on The Department’s Provider Resources web page.nnWe appreciate your continued commitment to serving our more than 1.3 million Health First Colorado (Colorado’s Medicaid Program) and Child Health Plan Plus (CHP+) members.
Nov 17, 2016 | Uncategorized
The 2017 Medicare Part B Physician’s Fee Schedules have been posted to the Novitas Solutions website. Downloads are available in Adobe PDF, Microsoft Excel, and Plain Text formats. The Code Search feature will not have 2017 fees loaded until the first week of January, 2017.nnClick Here to Download Copies.
Nov 7, 2016 | Uncategorized
It doesn’t matter who does the math, Thomas: Amendment 69 would be a disaster for Colorado taxpayers. This week the Tax Foundation, an independent research organization, released a report on the impacts of passing ColoradoCare into law — and it’s as bad as we thought.nnHere are some of the Tax Foundation’s findings:n
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- “Amendment 69 would hurt Colorado’s tax climate as the state would surpass California with the highest individual income tax rate in the country.”
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- “Amendment 69 would create a new bureaucracy, with immense authority to change taxes, outside of the state’s current balance of powers, eliminating transparency for taxpayers.”
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- “The economic incidence of payroll taxes is borne by employees, not employers. Splitting responsibility for the payment of the tax between employer and employee does not change the economic incidence.”
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- “Colorado would plummet from 16th to 34th nationally on the State Business Tax Climate Index, confronting voters with an important choice in the Centennial State.”
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nExperts from all across the political spectrum — as well as independent research entities like the Tax Foundation — all agree: Amendment 69 is wrong for Colorado.
