4 front office billing tips
- ByPolk & Associates
- Nov, 18, 2018
- Health Care
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When the front desk staff does their part, your billing and collections routine gets off to a smart start, and that eventually means more income for your practice.
Low consumer literacy of healthcare industry linked to almost $5 billion in costs, report finds
- ByPolk & Associates
- Nov, 18, 2018
- Health Care
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Confusion over navigating the complex healthcare system translates into a significant customer-service cost burden for insurers.
Wraparound services hold promise for reducing health costs and improving outcomes
- ByPolk & Associates
- Nov, 18, 2018
- Health Care
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Wraparound services potentially saved $8.2 million from 2011 to 2016, based on median hospitalization costs, the authors found.
6 back office billing strategies
- ByPolk & Associates
- Nov, 18, 2018
- Health Care
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In this two-part series, Olson, who works at the Ocean Springs, Miss., firm, offers financial management and support services for the healthcare community. She shares six ways to get your back office team to bring their best game to your billing and collections efforts. Click here to see her suggestions for the front office.
Healthcare spending is growing along with prices, up 5% over 2017
- ByPolk & Associates
- Nov, 18, 2018
- Health Care
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Spending by private payers has grown at a faster clip, with growth hitting 7.4 percent compared to 2.3 percent for public payer spending.
Landlords Get Innovative to Fill Vacancies
- ByPolk & Associates
- Nov, 18, 2018
- Real Estate
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Turnkey rental solutions are a viable alternative and supplement to traditional tenancies. Be sure to check local laws and lender requirements first, though.
New Tax Incentives for Workforce Housing
- ByPolk & Associates
- Nov, 18, 2018
- Real Estate
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A veteran tax consultant explains how the newly created Qualified Opportunity Zones offer incentives to provide workforce housing in economically distressed areas.
As Online Rentals Increase, So Does Fraud
- ByPolk & Associates
- Nov, 18, 2018
- Real Estate
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While easier, digitized applications can create headaches and losses for property owners and managers because they open the door for false data entry.
3 ways to get more from your marketing dollars
- ByPolk & Associates
- Nov, 18, 2018
- All News & Information
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In a strong economy, some companies cut back on marketing while others overspend on it. A better approach is to get more from your investment so you can cut back or ramp up as prudent. Start with digital marketing: Use search engine optimization, social media and Internet-only deals to improve customer focus. And don’t assume you’re at the mercy of high advertising rates; exploit competition among today’s marketing/advertising channels to find good deals. Last, use press releases as a low-cost complement to your marketing campaigns. Contact us for more info.
Mutual funds: Handle with care at year end
- ByPolk & Associates
- Nov, 18, 2018
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As we approach the end of 2018, it’s a good idea to review the mutual fund holdings in your taxable accounts and take steps to avoid potential tax traps. For example, near year end, funds typically distribute net realized capital gains to investors. These gains will be taxable to you regardless of whether received in cash or reinvested in the fund. So, for each fund, find out the size of distributions and the breakdown of long-term vs. short-term gains. If the tax impact will be significant, consider strategies to offset the gain. Contact us to learn more.