Category: Healthcare

Update on Executive Orders to Provide Financial Relief on Payroll Taxes

Clarification from the IRS is now beginning to trickle in regarding the Executive Order signed by President Trump on August 8, 2020. The intent of the President’s order was to provide financial relief on payroll taxes to employees due to the ongoing Covid-19 pandemic. Our team would like to provide the following details regarding the order and subsequent IRS guidance, which has serious ramifications to consider.

EXECUTIVE ORDERS RECENTLY SIGNED TO PROVIDE FINANCIAL RELIEF ON PAYROLL TAXES

Following is a quick update regarding the executive orders signed by President Trump last Saturday, August 8 with the intent of providing financial relief on payroll taxes due to the ongoing Covid-19 pandemic.

BREAKING NEWS! CMS TO REBRAND MEANINGFUL USE PROGRAM WITH NEW EMPHASIS ON INTEROPERABILITY, BURDEN REDUCTION

In a rule released this week (April 24), the Centers for Medicare & Medicaid Services (CMS) has announced its intention to overhaul the Meaningful Use program.

In a press release, the federal agency said that it will be proposing to re-name the Meaningful Use program to “Promoting Interoperability.” CMS said the goals of the new program will be to: make it more flexible and less burdensome; emphasize measures that require the exchange of health information between providers and patients, and incentivize providers to make it easier for patients to obtain their medical records electronically.

HANDLING THE DREADED STAFF PERFORMANCE REVIEWS

One of the most difficult responsibilities that a manager must take care of is conducting performance reviews for his or her employees. How many times do you think this responsibility is dreaded or intentionally overlooked?

I would suspect more times than we can possibly count!

20 TAX-SAVING TIPS TO IMPROVE YOUR 2016 YEAR-END

As 2016 comes to a close, are you thinking through your goals for 2017? How do you envision your practice growing in the years to come?

Your Healthcare Management Consultants team understands the importance of forward-thinking and goal-setting! We want to ensure that you take advantage of 2016 tax-saving strategies reduce your 2016 tax liability!

THE POWER OF ENCOURAGEMENT

What would your response be if someone told you that you have the power to influence someone’s life in a major way?

Many of us may say, I guess that could possibly be true, and then not think anything else about it. But the real truth is that you have the power to encourage and affect many lives on a daily basis!

WHOM DO YOU WATCH?

This week’s blog talks about individuals around us who could serve as mentors or models of excellence.

Do you ever make the effort to seek out these persons and examine their lives? What is it about these persons that makes them successful?

WHY IS STRATEGIC PLANNING SO IMPORTANT?

Abraham Lincoln said that the best way to predict the future is to create it.

A great first step to creating the future is to harness the ability to generate new ideas. Then turning those ideas into reality is a powerful competitive advantage for any business.