Gary Cavett

Healthcare Consultant

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Contact Info

612-359-9630  Phone
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Professional Experience

Gary Cavett, CPA, became involved with healthcare in 1968 as a Medicare auditor and has been a national healthcare expert for 30+ years. The expanse of his healthcare know-how ranges from establishing new medical practices to mergers and acquisitions. His medical consulting commitments address three main areas: increasing revenues, minimizing expenses, and developing operational efficiencies.

Gary has made it a priority to contribute his medical experience to the healthcare industry. He has received a grant from a university to create and develop E&M Review software called CodeProTech. CodeProTech is web based and helps providers review E&M documentation while providing education on proper E&M documentation. He also contributes to healthcare magazines, lectures for regional MGMA and national MGMA conferences, and has helped develop the CMPA software.

 

Areas of Expertise

Healthcare Consulting
Call Coverage Negotiations
Comprehensive Medical Practice Analysis (CMPA)
Correct Coding Initiative Compliance
Critique and Evaluate Insurance Carrier Payments
E&M Documentation Review
Establish and Maintain Compliance Plans
Establishing and Maintaining Fees for Practice
Expert Witness
Medical Practice Consolidation
Negotiate Equipment Acquisitions/Purchase Agreements
New Practices Development
Procedure Coding Reviews and Analysis
Strategic Planning

 

Education + Credentials

North Dakota State University
Certified Public Accountant (CPA)

 

Professional Memberships

Medical Group Management Association (MGMA)
Minnesota Medical Group Management Association (MMGMA)
Wisconsin Medical Group Management Association (WMGMA)
Affiliate Healthcare Advisors (AHA)
CMPA Group

 

Community and Civic Activities

Fargo Economic Development Corp
Fargo Downtown Community Partnership

Top 10 Ways to Maximize Revenue in Your Medical Practice

Medical practices have long focused on improving bottom lines by reducing expenses and developing operational efficiencies, but neither initiative is the end-all-be-all. To survive in an increasingly tight market, medical practices must find ways to maximize revenue, too.

Are You Ready for MACRA?

As of July 2016, studies showed that only 50 percent of nonpediatric physicians were aware of the Medicare Access and CHIP Reauthorization Act (MACRA) of 2015. But with the onset of the new year, medical professionals can no longer afford to be in the dark. DS+B’s healthcare advisory team can help you get a clear picture of the financial impact MACRA could have on your practice.

The Challenges of Calculating Receivables For Medical Practices – A New Approach to Better, More Accurate Financial Statements

Accrual-based financial statements can be prepared for medical practices and, from a business point of view, it makes sense to do so. Even if the practice decides to stick with cash-based financial statements, they should consider this information when assessing the collectability of the receivables in order to capture a more accurate picture of their practice financials.

Event Recap: Total Practice Improvement

Process improvement benefits the organization because it provides a model to improve the quality and profitability in a structured, ordered and measurable way. The TPI program is designed to

Event Recap: Total Practice Improvement

Process improvement benefits the organization because it provides a model to improve the quality and profitability in a structured, ordered and measurable way. The TPI program is designed to