7 Steps to a Compliant Financial Policy
Tracking # 20-1268827
$29.00
There are no ratings for this course
Course overview
Explain what risk management has to do with your financial policy. There is now a greater risk of financial loss due to improper billing, coding, documentation and a faulty financial policy. Financial policies in Chiropractic are a major area of risk and the easiest for auditors and investigators to target. In 2015, for every dollar Medicare spent on audits and fraud investigations resulted in resulted in $7.10 paid into Medicare's coffers. Presenters use their knowledge to teach the steps for creating and implementing a sound financial policy - and discuss how to avoid the common pitfalls that lead to dual fee schedules, improper time of service discounts and inducement violations. Also review the steps for developing a compliant hardship agreement. C. EDUCATIONAL OBJECTIVES Upon completion of this seminar, participants are expected to be able to: 1. Understanding the structure that makes up your practice fee system 2. Determine the steps for establishing your clinic fee schedule 3. Establishing and implementing a compliant financial policy D. DESCRIPTION OF TEACHING METHODS USED Instructor will teach via lecture and the visual aid of slides. Examples will be discussed for demonstrative purposes. This seminar/course will utilize Recorded video (41 min) Supplemental Materials - Resources to review (20 min) including Financial Hardship Policy, Handouts (2) to be used in assessing practice for compliance. Online quiz will be given in order to ensure the educational objects were successfully met.
Subject areas
This course counts toward the state boards and subject areas below.
Georgia Board of Chiropractic Examiners
Chiropractor
Michigan Board of Chiropractic
Chiropractor
New Hampshire Board of Chiropractic Examiners
Chiropractor
North Carolina Board of Chiropractic Examiners
Doctor of Chiropractic
South Carolina Board of Chiropractic Examiners
Doctor of Chiropractic
Tennessee Board of Chiropractic Examiners
Chiropractic Physician
Disclosure statements
COSTS
This course is provided complimentary to clients of Best Practices Academy/ChiroArmor, or may be purchased individually for $29.00.
REGISTRATION
To register please visit: www.bestpracticesacademy.com. After successfully completing registration, the course will be available in your online account.
INSTRUCTORS
The course will be taught by the following instructor(s) below. Please click the instructor name for a full biography.
Scott D. Munsterman, DC FICC CPCO and Kristi Hudson, CPCO
REFUND AND CANCELLATION POLCIES
Refund Policy: Online Courses require payment in full before access is given to the course. Online Courses are non-refundable and non-transferrable.
LOCATION, DATE AND TIME
The course is held online and on-demand, 24/7 via the Best Practices Academy online learning system at www.bestpracticesacademy.com.
PACE RECOGNITION STATUS
Best Practices Academy is recognized by the PACE program of the Federation of Chiropractic Licensing Boards.
PACE Approved States for continuing education credits: a complete list can be found at www.bestpracticesacademy.com
NUMBER OF CREDIT HOURS & REQUIRMENTS FOR OBTAINING CREDIT
This course is approved for one (1) hour of continuing education credit through PACE (see approved states in section J). Upon successful completion Best Practices Academy will directly report the credit hours received to the PACE organization within 30 days along with providing the participant with a verification letter by email. In order to receive the full one (1) hour the participant must:
• Attend and Participate in the complete course. Technology capabilities track online course attendance.
• Complete the Continuing Education Verification Form
• Pay all tuition fees for the course as stated above
• Provide a current email address for verification letter
• Complete the Course Evaluation Form
COMMERCIAL RELATIONSHIPS
This course is sponsored by Best Practices Academy.
PRIOR SKILL, KNOWLEDGE OR EXPERIENCE NEEDED
None