September 2009 Client NewsletterLabor Day Holiday
CPB will be closed on Monday, September 7th to celebrate the holiday. We hope you and your staff enjoy it as well.
CPB is always looking for new clients and appreciates referrals from our existing clients.
If you know a colleague who is experiencing slow cash flow, poor insurance collections, or any of the many non-payment issues â€“ please refer them to CPB. In todayâ€™s economy, providers cannot afford to â€œleave money on the floorâ€ or collecting only the easy money.
Insurers pay lots of people to find reasons not to pay providers. With our cutting edge, comprehensive, strategic financial systems to collect both the easy and hard reimbursement, CPB results are tough to beat!
RED FLAG RULES & HITECH
The FTC announced on July 29th that the Red Flag Rules will be delayed again with a new date of November 1, 2009. CPB expects this to be the final delay, or not! Once the FTC releases their guidance, CPB will create a sample policy & procedure available to all clients which can be modified to suit each provider.
HITECH also requires changes to HIPAA Privacy & Security. We expect to create a sample policy & procedure by mid-September for that also which will be available for clients.
If you are interested in either or both, please give Rich a call.
Several physician clients have expressed an interest in starting to look at EHR programs. We now have the names of 5 promising programs. If you are interested in becoming part of the demos, let me know.