by Mary Pat Whaley | Mar 31, 2010 | Electronic Medical Records
Everyone is waiting for the other shoe to drop on Medicare payments. Private practices may not have the in-house expertise to implement an EMR and may not be able to afford a consultant (although some states are receiving grants to help practices – check your...
by Mary Pat Whaley | Mar 28, 2010 | Finance, Headlines, Medicare & Reimbursement, Memes
HEALTHCARE BILL IMPACT ON INDIVIDUALS AND RAGE A number of people asked me about the impact of health reform on them as individuals. Here is a great story from the Atlanta Journal-Constitution that takes specific examples of individuals and families and speculates on...
by Mary Pat Whaley | Mar 28, 2010 | Definitions
The Cash Flow Statement answers the question: where did the cash and any profit (positive margin) go? It reflects where the money came from and how the business spent it.
by Mary Pat Whaley | Mar 28, 2010 | Definitions
The Income Statement reveals a profit or a loss for a specific accounting period. The statement itemizes income, cost of goods, operating expenses and other income/expense data.
by Mary Pat Whaley | Mar 28, 2010 | Definitions
A Balance Sheet is a snapshot of the assets, liabilities and net worth of the business on a specific date, indicating the financial health of a company at one point in time.
