Practice Management

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  • 1.  Corporate Taxes and Remote Readers

    Posted 11-02-2022 14:29
    Hello,

    I was having discussions with our accountant today and wanted to get some feedback on how practices recognize revenue and the state / local government from which it is generated.  Do groups that have remote readers recognize the revenue those readers generate in their home states for the purpose of filing state and local taxes?  If your practice is in Ohio for example (and images are captured in Ohio), but you have a remote reader generating billable reports in Hawaii, does your group file a state return in Hawaii to account for the revenue generated in the state of that remote reader?

    We have just begun having remote readers and want to make sure we handle this correctly.  Thanks for any feedback you guys may have.

    Josh

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    Joshua Dorsey
    Chief Executive Officer
    Radiology Associates of Northern Kentucky
    Crestview Hills KY
    614-284-1597
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  • 2.  RE: Corporate Taxes and Remote Readers

    Posted 11-03-2022 06:25
    You would obtain a license to do business in any state a radiologist resides and pay taxes to that state based upon the revenue received from the state.

     Also, split bill Medicare for the professional component to the state in which the interpretation was performed.  Basically, setup the rad home address as a practice location with Medicare, hire an agent for service in that state, or the rads address.  


    Karen Jodat
    COO NationalRad
    Ph: 954 647 2293




    Original Message


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