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The Sentinel: July 2023


Leveraging Your Fixed Costs

Practice Management  |  Elizabeth Woodcock, MBA, FACMPE, CPC

Much like airplanes, medical practices carry a multitude of fixed expenses. When a plane takes off, the airline must pay for the pilots, flight attendants, mechanics, and gas, regardless of whether every seat is taken – or just a handful. The nature of bearing these fixed costs makes selling a ticket fo...

Risk Matters: Cognitive Bias

Risk Matters  |  Jeffrey A. Woods, JD

Are you aware of the role cognitive bias can play in medical decision making and diagnostic error? Cognitive bias affects behaviors and influences decisions. Bias may result in distortion of clinical reasoning and is an unintentional failure in perception and thought that often leads to human error. Many stud...

Stay in Your Lane ... and Follow the Rules of the Road

Closed Claim Review  |  Tim Behan, JD

On a recent road trip to south Florida to move my daughter across the state, I took note of all the bad driving going on around me. It’s not that I haven’t seen a lot of bad driving in the past, and I am certain that other drivers could criticize my driving skills and behaviors from time to time. ...

Effective June, 27, 2023 - New Employee Workplace Posters “Know Your Rights: Workplace Discrimination Is Illegal”

Practice Management  |  Sheri Smith, FACMPE

Due to new rights granted under the Pregnant Workers Fairness Act (PWFA) and the Providing Urgent Maternal Protections for Nursing Mothers Act (PUMP Act), employers must display a new version of workplace posters.  The U.S. Department of Labor (DOL) recently released two new posters with additional info...

New Medicare ABN Required Effective Now

Practice Management  |  Jackie Boswell, FACMPE

Medicare provides certain rights and protections to their beneficiaries related to financial liability and appeals.  An Advanced Beneficiary Notice (ABN) is required to transfer potential financial liabilities to Medicare patients in certain instances to allow them to make informed decisions about their ...

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