Meyers Brothers Kalicka, P.C.
Stay flexible to adapt to tax changes

Tax planning is never easy. But 2010 may be one of the more challenging years that tax planners have faced in a long time. As your medical practice tries to stay flexible enough to adjust to expected changes in the healthcare system, your financial plans must be flexible enough to adapt to changes in the tax laws.

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Pressure on to add electronic system

With $17 billion in federal money up for grabs beginning in 2011, many physicians plan to acquire a qualified electronic health record system this year. The sooner, the better, IT experts agree, because physicians not only have to acquire or upgrade a system to meet the requirements but must show “meaningful” use to qualify for the subsidy.

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Fraud rampant in healthcare organizations

As the debate over national healthcare reform wages on, another topic has started to receive attention. Healthcare fraud is running rampant. The National Health Care Anti-Fraud Association estimates 3-10 percent of the nation’s annual healthcare outlay is lost to fraud and abuse. Healthcare costs have become one of the fastest growing costs to organizations.

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