Got Money? Save it! Key Financial Tips for Young Dermatologists
key financial tips for dermatologistsAfter more than a decade of school and training, dermatologists just starting out receive a substantial pay bump. Yet, according to financial planner Corey Janoff, CFP, there are some financial pitfalls that early career dermatologists can easily fall into. “Spending before saving. Buying the new ‘doctor’ house too soon. Not prioritizing saving for financial goals before upgrading their l …
key financial tips for dermatologists
Claim Denials and Appeal Procedures
medical billingRecently, it was brought to my attention that some in the medical billing field refer to denials as either a hard or soft denial. I stubbornly insisted that denials are denials and need to be worked. Upon researching, soft denials are those that can still be fought or appealed while a hard denial is the end of the line, there is nowhere to go, and the claim will not be paid. How to Avoid Claim De …
medical billing
Employment Contract Negotiations & Private Partnerships in Dermatology – What You Should Know
contract negotiationsIf you are navigating the confusing landscape of contract negotiations or considering partnership in a private practice after years of employment, then take note! Ron Lebow, Senior Counsel in the Health Law practice group at Greenspoon Marder LLP, led a fantastic workshop at the 2019 ODAC conference. He covered common concerns when negotiating employment contracts with dermatology practices, as we …
contract negotiations
National Drug Codes -NDC’s
National Drug Code’sAs if getting paid for your services wasn’t hard enough, how does a provider receive reimbursement for the drugs administered in the office? NDC’s are the National Drug Code’s given by the FDA to identify each drug manufactured for humans. Any drug that is considered an over the counter drug, or OTC, is given this code that is broken down into 3 numerical groupings. The first, being the …
National Drug Code’s
Medical Billing & Coding Training in Residency – JDD Podcast Highlights
Billing and Coding PodcastEach month, the JDD Dermatology Podcast features an in-depth interview with one of the investigators from the Journal of Drugs in Dermatology current issue. July’s podcast, hosted by Dr. Adam Friedman, features Dr. Beth McLellan, an assistant professor of Dermatology from the Albert Einstein College of Medicine and an expert in supportive oncodermatology – the treatment and prevention of cutan …
Billing and Coding Podcast