MGMA

Leaders understand that using technology needs to be symbiotically and strategically leveraged, not adopting a particular platform or device simply for incremental change. Jeffery Daigrepont, MHA, FACMPE, SVP of Coker, will address how digital transformation can offer strategies for reducing administrative overload, improving patient and provider experiences, lowering the cost of care through automation and improving patient access and capacity. Register for Leaders Conference to attend the session: https://bit.ly/3Rr7T2M

Many thanks to Akash M. and Andy Swanson, and their instrumental work in helping MGMA provide effective insights, solutions and advocacy for our 60,000 medical practice members. Their new roles as chief operating officer and chief revenue officer, respectively, reflect all that they have achieved within the organization and what their strong leadership will mean to MGMA going forward. Congratulations to you both. https://lnkd.in/g8RJd-eu

Attn: MGMA members Don't miss our next MGMA Washington Policy Update on July 25, where we will highlight the newly proposed 2025 Medicare Physician Fee Schedule and other timely policies as part of our mid-year 2024 review. During this member-exclusive event we will review the congressional and regulatory landscape as it pertains to medical practices, discussing priority issues such as: Medicare payment policies, telehealth, quality reporting, and more. Register: https://bit.ly/3LrEly0 #MGMAAdvocacy

Practice administrators nearing the end of their full-time work cycle should be planning for succession. To be most efficient, this planning must begin years in advance to provide the best possible outcome for the success and continuity of your practice. Tina D'Amico, MHA, CMPE, provides intel on getting started: https://bit.ly/46eCohG

Join forces with fellow Chief Executive Officers from across the country for an unparalleled series of events at the Leaders Conference's CEO Summit. This exclusive opportunity unites a cohort of healthcare leaders, providing you with a platform to explore factors propelling your organizations and advancing the industry. Your role as a CEO is different. Embrace those differences with an experience designed exclusively for you: https://bit.ly/4bYD1xu

Don't miss our next Washington Policy Update on July 25, hosted by MGMA's expert Government Affairs Team. During this member-exclusive event we will review the congressional and regulatory landscape as it pertains to medical practices, discussing priority issues such as: ▪️ Medicare reimbursement ▪️ Telehealth ▪️ Quality reporting ▪️ Surprise medical billing Register here: https://bit.ly/3LrEly0 #MGMAAdvocacy #telehealth #medicarereimbursement #surprisebilling

Orientation is a short-term new hire process, whereas onboarding is more focused on relationship building along with related activities driving the goal of long-term relationships. This difference sets the stage for understanding why a comprehensive onboarding process is crucial for physician satisfaction and retention. Tara Osseck, Regional VP of Recruitment for Jackson Physician Search, and Jenny Binner, MBA, MHA, Associate VP of Emergency Medicine Services for LocumTenens.com, joined the MGMA Insights: Business Solutions Podcast to discuss. Watch or listen here: https://bit.ly/4d5qGrY

It is no small feat to survive the uphill battle of managing challenging reimbursement rates, increased prior authorization and claim denials, recruiting and retaining talent and staying abreast of ever-evolving compliance and reporting requirements. As a practice leader, embracing curiosity and asking questions can lead to significant improvements. Michael Tutty, PhD, MHA, FACMPE, of the American Medical Association discusses how to ignite your leadership potential: https://bit.ly/3XVzcFP P.S. Sharpen your skills at Leaders Conference, October 6-9! Save $200 when you register before July 17.

Finding new ways to adhere to tightened budget restraints after years of sizably increasing expenses is a challenge, especially for those who already took proactive steps to renegotiate contracts and switch vendors to find savings. In some instances, MGMA Stat poll respondents told us they found ways to combine multiple offices into a single location to reduce facility costs. Learn more: https://bit.ly/3y2SUop

CMS has again proposed a negative Medicare physician fee schedule update for 2025 with dangerous implications for beneficiary access to care. A 2.8% reduction to the conversion factor would be alarming in the best circumstances, but to propose doing so at a time when 92% of medical groups report increased operating costs and are otherwise struggling to remain financially viable is critically short-sighted. Medicare physician reimbursement is on a dire trajectory and these ongoing cuts continue to undermine the ability of medical practices to keep their doors open and function effectively — the need for comprehensive reform is paramount. MGMA is once again calling on Congress to pass the Strengthening Medicare for Patients and Providers Act to implement an annual inflation-based physician payment update tied to the Medicare Economic Index, and modernize Medicare’s antiquated budget neutrality policies by enacting the Provider Reimbursement Stability Act.” https://lnkd.in/edh_sS5t