In this episode of the Ask MGMA Podcast , Cristy Good joins Daniel Williams to discuss physician compensation methodology and the impact of CMS conversion factor adjustments. They explore challenges medical practices face due to lower reimbursement rates and how practices can address these challenges. Resources for monitoring policy changes and planning compensation are also shared. Key Points: - CMS conversion factor adjustments impact physician reimbursement rates - Lower reimbursement can dec...
Apr 01, 2024•12 min•Ep. 504
Welcome to another edition of the MGMA Week in Review podcast. On today's show we have a wide range of healthcare topics to discuss. We'll kick things off by looking back at Daniel Williams's previous career covering films and interviewing Academy Award winner Louise Fletcher . Then co-host Colleen Luckett will share the latest on access to innovative weight loss medications . We'll also highlight strategies for improving patient experience and reducing stress in medical practices as well as an ...
Mar 31, 2024•18 min•Ep. 503
In this episode of the MGMA Business Solutions podcast , Dr. Alex Ding , Associate Vice President of Physician Strategy and Medical Affairs at Humana , discusses the progress and evolution of value-based care in healthcare. Dr. Ding shares key findings from Humana's 2023 Value-Based Care Report , highlighting the successes, challenges, and strategies for implementing value-based care arrangements. The conversation explores the impact of value-based care on healthcare quality, patient experience,...
Mar 27, 2024•24 min•Ep. 502
Welcome to the Women in Healthcare podcast. In this episode, our host Adrienne Lloyd engages in a compelling discussion with her former Mayo colleague and healthcare leader, Carrie Koh . Together, they bring their wealth of experience in navigating the challenges of leadership within the healthcare industry to the forefront. Throughout their conversation, Lloyd and Koh emphasize the vital role of empathy, trust, and psychological safety when confronted with difficult situations. They delve into ...
Mar 25, 2024•37 min•Ep. 501
In this episode, Jonathan Leer, Division Administrator at Johns Hopkins and Shannon Bishop, Academic Administrator at Johns Hopkins, join the MGMA Member Spotlight podcast. They discuss a new physician business training course that Johns Hopkins partnered with MGMA on to provide business and financial education to physicians that is not typically taught in medical school. Key Takeaways: * Physicians receive extensive medical training but no formal business training, causing gaps in knowledge whe...
Feb 12, 2024•20 min•Ep. 500
Welcome to this edition of MGMA's Week in Review podcast. Today we'll review a predictive analytics and a roundup of healthcare advocacy. Sources: MGMA position papers: https://www.mgma.com/advocacy/position-papers MGMA Stat: https://www.mgma.com/mgma-stat/accurately-predicting-no-shows-with-advanced-analytics-to-address-patient-access MGMA Webinar: www.mgma.com/webinars/recreatin…5D5XC53XamqGXEDV9g Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: ...
Feb 09, 2024•9 min•Ep. 499
In this episode of the Business solutions podcast, senior director of sales at Edge, Ahmed Danawala, discusses modernizing hiring and retention strategies through partnerships with a global remote workforce. Edge is a global HR solution that simplifies hiring by connecting businesses in North America with remote talent from all over the world. Spread across four continents, Edge provides businesses with access to a wider talent pool while improving costs and revenue through strategic hiring prac...
Feb 07, 2024•22 min•Ep. 498
Welcome to this edition of MGMA's Week in Review podcast. Today we'll review a recent poll on medical groups' staffing outlook and discuss key regulatory updates impacting prior authorization. Sources: MGMA statement on CMS’ Interoperability and Prior Authorization final rule: https://www.mgma.com/press-statements/january-17-2024-mgma-statement-on-cms-interoperability-and-prior-authorization MGMA Stat: https://www.mgma.com/mgma-stat/contract-locum-tenens-work-spending-holding-steady-for-medical-...
Feb 02, 2024•8 min•Ep. 497
In this episode of Mindful Medicine , Daniel Williams interviews Amanda Jensen about her work advocating for diversity, equity, and inclusion (DEI) at MGMA. Key Takeaways Amanda's interest in DEI began by listening to underrepresented voices and perspectives. At MGMA, she helped launch resource groups during the Leaders Conference, creating spaces for attendees from different backgrounds to connect. DEI work is a long-term commitment requiring intentional strategies, not one-time trainings. Self...
Jan 29, 2024•21 min•Ep. 496
In this episode of the MGMA Week in Review podcast, we welcome MGMA editor and writer Colleen Luckett to the show to share her thoughts on the National Medical Group Practice Week, and this week's MGMA Stat. Sources: Connections Magazine: www.mgma.com/content/january-20…onnection-magazine MGMA Stat: https://www.mgma.com/mgma-stat/medical-groups-concerned-medicare-cuts-will-hurt-patient-access National Medical Group Practice TikTok: https://www.tiktok.com/@mededit/video/7328147200918277422?is_fro...
Jan 27, 2024•7 min•Ep. 495
In this episode of the Business Solutions podcast, MedEvolve executive vice president Matt Seefeld discusses leveraging technology to streamline the healthcare revenue cycle. Resources: Upcoming Webinar: https://medevolve.com/resources/ Medevolve Webinar On-Demand: https://www.mgma.com/webinars/recognize-reward-and-retain-your-best-employees-on-demand Medevolve: https://medevolve.com/ MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.c...
Jan 25, 2024•23 min•Ep. 494
This episode of the MGMA Member Spotlight Podcast features Taylor Johnson, MBA, CMPE, Manager, Physician Practice Development, PS2, AMA. Sources: LinkedIn: https://www.linkedin.com/in/taylormetallojohnson/ MGMA Article: https://www.mgma.com/articles/how-to-engage-physicians-in-the-claims-cycle Sponsor: Physician Business Training (https://physicianbusinesstraining.com/) This course is for early-career physicians or physicians who need a comprehensive understanding of the business of medical prac...
Jan 22, 2024•18 min•Ep. 493
This episode of the MGMA Member Spotlight Podcast features Charles Bissette, Director of Optimization and Integration at WakeMed. Source: https://www.wakemed.org/ Sponsor: Physician Business Training (https://physicianbusinesstraining.com/) This course is for early-career physicians or physicians who need a comprehensive understanding of the business of medical practices. The course is 7 hours long and broken into 9 modules. It was developed by Medical Group Management Association (MGMA) and lea...
Jan 18, 2024•16 min•Ep. 492
This episode of the "MGMA Women in Healthcare Podcast" is the debut of MGMA consultant Adrienne Lloyd, MHA, FACHE, as the host of this show. The guest is Rhonda Buckholtz, CPC, CPMA, CRC, CDEO, CMPE, CHC, COPC, CGSC, CPEDC. Rhonda is a John Maxwell leadership coach and is also the President of the National Advisory Board for the AAPC. Rhonda’s current role is the Chief Compliance Officer for Vision Innovation Partners. Adrienne met with Rhonda to discuss healthcare quality and innovation, includ...
Jan 12, 2024•38 min•Ep. 491
Our guest today for our debut episode of the MGMA Book Club is Dr. Tasha Eurich, an organizational psychologist, researcher, and New York Times best-selling author. Recognized as the world’s leading self-awareness coach & communication expert, Tasha pairs her scientific background with more than 20 years coaching senior executives to share the surprising secrets to thrive in a changing world. She’s spoken live to hundreds of thousands, on every continent but Antarctica—and her most recent TE...
Jan 10, 2024•30 min•Ep. 490
This episode of the MGMA Member Spotlight Podcast features Daryn Keeney, Director of Revenue Cycle Management at Galen Medical Group. Daryn discusses his current role overseeing revenue cycle management for a large multi-specialty medical group. He highlights some of the challenges in ensuring accurate billing and collections. Daryn also talks about how MGMA resources have supported his work. Sources discussed: MGMA Book Club: https://community.mgma.com/communities/community-home?communitykey=28...
Jan 08, 2024•19 min•Ep. 489
In this episode of the MGMA Week in Review podcast, we welcome MGMA editor and writer Colleen Luckett to the show to share her thoughts on the new Connections magazine, a practice assessment tool, and this week's MGMA Stat. Sources: Connections Magazine: https://www.mgma.com/content/january-2024-mgma-connection-magazine MGMA Stat on 2024 Resolutions: https://www.mgma.com/mgma-stat/finance-staffing-projects-top-medical-group-leaders-2024-resolutions Practice Assessment Toolkit: https://soundcloud...
Jan 06, 2024•13 min•Ep. 488
In this episode of MGMA's Ask An Advisor podcast, we feature Cristy Good, Sr. Industry Advisor at MGMA, talking about setting and measuring goals in 2024. MGMA Tools: MGMA DataDive: https://www.mgma.com/mgma-datadive-survey-participation Strategic Planning Toolkit: https://www.mgma.com/member-tools/strategic-planning-toolkit Project Charter: www.mgma.com/member-tools/project-charter-template Gemba Board: www.mgma.com/member-tools/using…project-management Starting a Telehealth Program: https://ww...
Jan 03, 2024•21 min•Ep. 487
In this episode, we welcome Morgan Soster, a recipient of the MGMA 2023 Future Five Award. Morgan is currently Director of Practice Administration of Guthrie Medical Group PC. Resources: MGMA.com Award Winners: www.mgma.com/mgma-acmpe-awards-and-recognition MGMA Award Winner Podcasts: soundcloud.com/mgmapods/sets/award-winners-2023 Sponsor: Physician Business Training physicianbusinesstraining.com/ This course is for early-career physicians or physicians who need a comprehensive understanding of...
Dec 27, 2023•21 min•Ep. 486
In this episode of the MGMA Week in Review podcast, we welcome MGMA editor and writer Colleen Luckett to the show to share her thoughts on the latest MGMA Stat poll and results. Sources: MGMA Stat: https://www.mgma.com/mgma-stat/social-determinants-of-health-a-driving-force-in-medical-group-data-collection Physician Fee Schedule: 2024 Medicare Physician Fee Schedule Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advoc...
Dec 22, 2023•11 min•Ep. 485
This episode of the MGMA Business Solutions Podcast features three regional VPs from Jackson Physician Search. JPS is the largest privately held permanent physician recruitment firm, specializing in the recruitment of physicians, physician executives and advanced practice providers for healthcare organizations across the U.S. Helen Falkner serves as Regional Vice President of Recruiting by leading JPS’s growing Denver office. Tara Osseck, MHA is Regional Vice President of Recruiting, having been...
Dec 21, 2023•35 min•Ep. 484
In this episode of MGMA's Ask An Advisor podcast, we feature Cristy Good, Sr. Industry Advisor at MGMA, talking about conducting a practice assessment. MGMA Tools: Communication Plan: https://www.mgma.com/member-tools/team-roster-and-communication-plan-template Project Charter: https://www.mgma.com/member-tools/project-charter-template Gemba Board: https://www.mgma.com/member-tools/using-a-gemba-board-boosts-transparency-and-engagement-in-project-management Sponsor: Physician Business Training (...
Dec 18, 2023•13 min•Ep. 483
In this episode of the MGMA Week in Review podcast, we welcome MGMA editor and writer Colleen Luckett to the show to share her thoughts on the latest MGMA Stat on benchmarking and insights on the 2024 Medical Billing Toolkit. Sources: MGMA Stat on benchmarking: https://www.mgma.com/mgma-stat/from-data-to-action-the-crucial-role-of-healthcare-benchmarking 2024 Medical Billing Toolkit: https://www.mgma.com/member-tools/2024-medical-coding-and-billing-toolkit Resources: MGMA Stat: mgma.com/stat Ask...
Dec 15, 2023•9 min•Ep. 482
This episode of the MGMA Business Solutions podcast features Dr. Pamela Ograbisz DNP, FNP-BC and Scott Selby of LocumTenens.com. Dr. Ograbisz is Vice President of Clinical Operations while Scott Selby is Senior Vice President in Enterprise Solutions. They're here to discuss a new research paper: "The Innovation Imperative for Physician Retention." Resources: The Innovation Imperative for Physician Retention: https://www.locumtenens.com/resource-center/survey-and-research-reports/the-innovation-i...
Dec 13, 2023•33 min•Ep. 481
In this episode of MGMA's Ask An Advisor podcast, we feature Cristy Good, Sr. Industry Advisor at MGMA, talking about psychiatric assessment coding questions that have come in to the Ask MGMA feed on our website. MGMA resources: Resources: Outpatient Psychiatry & Psychology Services Fact Sheet CMS : https://downloads.cms.gov/medicare-coverage-database/lcd_attachments/31887_33/Outpatient_Psych_Fact_Sheet09.18.14.pdf Mental Health Psychiatry and Psychotherapy Services Noridian: https://med.nor...
Dec 11, 2023•17 min•Ep. 480
MGMA consultant Adrienne Lloyd joins us to discuss leadership, women in healthcare and discusses the exciting news that she'll be the new host of the Women in Healthcare podcast series! Sources: Adrienne on LinkedIn: https://www.linkedin.com/in/adrienneplloyd/ Transcript of Podcast: https://www.mgma.com/podcasts/women-in-healthcare-a-conversation-with-adrienne-lloyd MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA ...
Dec 05, 2023•33 min•Ep. 479
In this episode of the MGMA Week in Review podcast, we welcome MGMA editor and writer Colleen Luckett to the show to share her thoughts on the latest MGMA Stat and more insights on reducing payment stress and addressing leakage in medical practices. Sources: MGMA Stat on fees for electronic payments: https://mgma.com/mgma-stat/fees-for-electronic-payment-still-taking-a-chunk-out-of-medical-groups-reimbursement Leakage: The problem your health system has no plan for: https://mgma.com/articles/lea...
Dec 01, 2023•12 min•Ep. 478
This episode of the MGMA Business Solutions podcast features James Ford, sales manager with the MGMA Emerald Card. Launched in 2022, the MGMA Emerald Card is a credit card designed specifically for MGMA members and their business needs. It offers an easy-to-use platform that allows members to manage transactions, create and manage employee cards, set spending permissions, redeem rewards and make payments. Ford joins the show to discuss the evolution of the Emerald Card since its launch one year ...
Nov 29, 2023•15 min•Ep. 477
In this episode of MGMA's Ask An Advisor podcast, we feature Cristy Good, Sr. Industry Advisor at MGMA, talking about how to use AI as a scribe. MGMA resources: It’s time to build healthcare’s AI-enabled future: https://www.mgma.com/articles/its-time-to-build-healthcares-ai-enabled-future Medical groups taking their time to adopt the right set of AI tools: https://www.mgma.com/mgma-stat/medical-groups-taking-their-time-to-adopt-the-right-set-of-ai-tools Other Resources: AI and HIPAA Privacy Conc...
Nov 27, 2023•17 min•Ep. 476
This episode of the MGMA Insights podcast features an interview with Janet Thomason, the Director of National Procurement at Project C.U.R.E. Project C.U.R.E. was founded in 1987 to address the staggering shortage of medical resources around the world. Since its beginnings in a garage in Colorado, Project C.U.R.E. has become the world’s largest distributor of donated medical supplies, equipment and services to doctors and nurses serving the sick and dying in more than 135 countries. Resources: A...
Nov 22, 2023•17 min•Ep. 475