Medicaid Reimbursement for Primary Care

News update from CMS News & Fact Sheet: Higher payments to primary care physicians

The Centers for Medicare & Medicaid Services (CMS) recently announced that, as part of the Affordable Care Act, Medicaid will increase payments for primary care providers. In particular, Medicaid will provide reimbursements equal to Medicare for 2013 and 2014. Federal financial participation (FFP) will be provided in full to states for the difference between Medicaid amounts and Medicare rates. Additionally, the law includes measures to improve the workforce, such as by expanding primary care residency positions and investing in training for physician assistants and nurse practitioners.

Buying, Valuing & Selling an Optometry Practice

This is a quick overview on how to sell an optometry practice, what to looking for when buying, and the potential valuation pitfalls.

Selling a Dental Practice - Recent Transaction

Transition Consultants recently sold a Dental Practice in the San Gabriel Valley, California. The practice is situated in a spacious, modern 2,500 square foot office with 4 fully equipped Operatories and a sterilization/lab room. It is located in a busy retail area with prime visibility. We wish the new owner all the best in their endeavors. If you are considering the sale of your dental practice, call 800-416-2055 to speak with a dental practice broker today. Our team of experts will provide full lifecycle guidance from evaluating your practice and marketing it to facilitating negotiations through to closing.

EHR Incentive Programs - Meaningful Use Stages 1 and 2

EHR Incentive Programs & Meaningful Use Attestation
By Christopher K. Lee

The Medicare and Medicaid EHR Incentive Programs offer financial rewards to doctors who demonstrate the meaningful use of certified Electronic Health Records (EHR) technology. Two questions therefore arise for physicians interested in the Programs: 1) What is certified EHR technology? 2) What constitutes meaningful use? According to the Centers for Medicare and Medicaid Services (CMS), the term Electronic Medical Records (EMR) is often used interchangeably with EHR. For the purposes of this article, we will use the preferred term EHR to refer to these systems and technologies.

Healthcare Reform and Accountable Care Organizations (ACOs)

Healthcare Reform: The Rise of Accountable Care Organizations (ACOs)
By Christopher K. Lee

Healthcare reform ideas are beginning to manifest into action. Among these developments is the formation of Accountable Care Organizations (ACOs). An ACO is “a local network of providers who agree to manage the full continuum of care for all patients within their network and share any savings and risks involved” (American Academy of Family Physicians, 2012). ACOs may include combinations of solo or group practices, hospitals, health clinics, and other entities. On July 1, 2012, 89 new ACOs began serving 1.2 million Medicare beneficiaries across 40 states and Washington D.C.

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About Us

Most doctors looking to buy or sell their practice can’t find the time to figure out the complicated steps involved. At Transition Consultants, we’ve created a process that makes the transition painless so they can move into their next season and start living life on their own terms.

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