Visit the Michigan MGMA Lobby Congress site
I thought this might be of interest to you……..you can see how your specialty will be affected by the proposed Medicare Physician Payments for 2014.
Michigan MGMA & MGMA-OBGA Legislative Liaison
I received the following e-mail notification from Yeo & Yeo alerting to a scam.......thanks to them for sharing even though I'm not a client of theirs.
I actually received the scam letter via US Mail........
MMGMA Legislative Liaison
Dear Clients and Friends:
An old scam is re-circulating. Businesses are receiving e-mail notifications that their "2013 Annual Corporate Records Form" is due along with payment of $125 payable to "Corporate Records Services." This is not a Michigan government form or filing requirement and should be disregarded.
A similar scam was being used last February by the same organization stating that Michigan corporations were required to file annual meeting minutes with the Department of Licensing and Regulatory Affairs, and that for $125 they would fulfill the filing requirements.
Please don't confuse this scam report with the Michigan Annual Report, which typically carries a $25 filing fee, is due on May 15 for corporations and February 15 for LLCs, and can be filed most easily on line with the Michigan Department of Licensing and Regulatory Affairs.
Contact your Yeo & Yeo tax professional for more information or further assistance.
Yeo & Yeo, P.C.
CPAs and Business Consultants
I was asked by national MGMA Government Affairs staff to make sure everyone had the most up to date information on the Sunshine Act. Please see information below as provided by MGMA..........
MMGMA Legislative Liaison
Member memo: Sunshine rule
A number of new resources are available to help practices prepare for implementation of the Physician Payments Sunshine Act, which was included as part of the Affordable Care Act. Final regulations spelling out the details of the program, which the Centers for Medicare & Medicaid Services (CMS) now refers to as "OPEN PAYMENTS," were released earlier this year.
The law and regulations require certain drug, device, biological and medical supply manufacturers to report to CMS any payments or other value transferred to physicians or teaching hospitals. They also require reporting of physician ownership in manufacturers or group purchasing organizations (GPOs). Manufacturers will begin collecting information beginning Aug. 1, and information for 2013 will be made public on Sept. 30, 2014.
As a member benefit, MGMA's Washington Counsel has prepared a detailed analysis of the final rule, highlighting areas of particular interest to group practices. We encourage you to familiarize yourself with these new requirements and the reporting process so you can prepare for implementation. Additional resources can be found on mgma.com/open-payments, including links to the most up-to-date information from CMS. MGMA will continue to provide you with timely updates on this program as they become available from CMS.