Archive - June 2019

What does a bookkeeper do? The role of a bookkeeper is to enter, categorize, review, and reconcile transactions in a company's accounting system. Having sales and expense data properly categorized enables business owners to see where they are spending and making money. Historically, a bookkeeper would receive a list of entries or transactions in the form of receipts, emails, bank statements, credit card statements, invoices, loan documents, etc. and assign them to different accounts based

Nikki Jensen and Tom Powers with the Let Her Decide Team were on Capitol Hill again last week advocating for H.R. 1370/S. 562 The Breast Cancer Patient Equity Act. They had 30 meetings with House and Senate staffers. The list of legislators they met with is at the end. Our focus is currently on members of Senate Finance, House Ways and Means, and House Energy and Commerce. These committees have jurisdiction in healthcare/Medicare. If legislators from these committees sign onto the bill, it signals

Focus Conference 2020 Early Bird Registration is now open! Focus Conference will be held February 8-10, 2020 at the Hilton Downtown Tampa in Tampa, FL. Don’t miss the leading continuing education and networking conference in the women’s healthcare industry. Why should you attend? Earn both scientific and business CEUs with first-class education All-inclusive pricing covers your education, meals and entertainment The best women’s health conference for education, networking

Are you selling cash products alongside items that are reimbursable? Is your cash business a focus for you and your team? Retail is essentially selling of products for cash, where there's an interaction between an employee and a customer. The employee uncovers a need from the customer and she suggests a product to help the situation. Insurance payors are becoming increasingly unreliable as a single source of revenue. Supplement revenue with cash sales that make sense for your business.

By: Miriam Lieber, President, Lieber Consulting, LLC Employee appreciation builds a strong team. When I saw the topic for this issue’s article of Essential Advantage, I could not stop thinking about it. I couldn’t agree more with the statement that employee appreciation builds a strong team and I will explore why in this article. EMPLOYEE AND EMPLOYER DISPARITY IN APPRECIATION In Chip and Dan Heath’s book, The Power of Moments, they write about a simple statement of recognition

Facebook has recently agreed to meet with anti-censorship campaigners regarding their policy regarding artistic nudity. The #WeTheNipple campaign was co-organized by National Coalition Against Censorship (NCAC) and a renowned American artist, Spencer Tunick. Their publicity stunt on June 2, 2019 included 125 naked demonstrators that used images of men's nipples to cover their genitalia, in protest of Facebook's censorship policies. Facebook had agreed to meet with the NCAC and other stakeholders. Facebook

Part I of the buying and selling series focused on representations and warranties when entering into a purchase agreement to sell a business. This part II of the series focuses on specifically the indemnification section of the purchase contract. This is another section of the purchase contract that is typically glossed over, but should be reviewed carefully. The representations and warranties let them know factual statements about the business. The indemnifications section spells out how

On December 6, 2018, the DME MACs issued a joint publication notifying suppliers of a change in the way to bill for bilateral products dispensed on the same day. Previously, when two of the same items are given to patients for use on both limbs, the claim is billed with the RTLT modifier and 2 units of service. Effective for claims with dates of service on or after March 1, 2019, suppliers must bill bilateral products on two separate claim lines. One line will have the HCPCS code with the RT modifier

A study was recently released that found that the majority of women who underwent a lumpectomy or a mastectomy for breast cancer report that the scars from the surgeries negatively impact their daily lives. One-third of the patients said that their physicians did not tell them about surgical options that would minimize scarring.  The researchers surveyed 487 women nationwide. This is the first peer-reviewed study that examined the negative association of surgical scars and breast cancer survivorship,

A drug that can slow the progression of advanced breast cancer has been shown for the first time to lengthen survival in women who developed the disease before or during menopause. In the study, 70% of those who took the drug alongside their standard treatment were still alive 3 1/2 years later, compared to a survivorship of 46% with those who received their treatment alone. This treatment uses drugs to block estrogen or the body from producing estrogen. This new development only applies to women