How prepared are you if, despite the prophylactic precautions taken by your in-house team, taken by your outside coding and billing provider, and by your EHR vendor, your defenses are breached?
The same strategy that drives the price of a stuffed shark up from a few thousand to $12 million can be applied by you to increase the value and profits of your medial group or facility.
In my experience, most kickback schemes are not as brazen as this. They involve fewer numbers of people and, sometimes, behavior that is more easily rationalized by the participants as “sort of legal”.
Each negotiation has its own timing, not one set by a standard recipe or by a clock on the wall or on the calendar, but one that can be, and should be, set by you.
Ride along with Mark as he shares an important lesson from a decades-old issue of a children's magazine. It is 100% applicable to you.
There is a crisis. But it's not the one you've heard about. It's time to fix that. It's time to change the conversation. But to do that, you have to change the frame.
There may be a shortage of foresight. But there's no shortage of stupidity.