Podcasts about mgma

Send us a textToday's guest is Adrienne Lloyd, MHA, FACHE—founder and CEO of Optimize Healthcare, where she helps medical organizations build empowered teams and sustainable operations without burnout. With over 20 years of experience, including executive leadership roles at the Mayo Clinic and Duke Health, Adrienne brings a deep understanding of what makes healthcare systems thrive. She's also the creator of the Day Zero Blueprint™, a transformative framework for leaders looking to reset their strategy, culture, and execution. Adrienne is a nationally recognized speaker, coach, and host of MGMA's Women in Healthcare podcast, where she champions authentic leadership and systemic change.She and I discuss a multitude of leadership topics including lean and Six Sigma, leading change and turnarounds and financial literacy for physicians and clinicians. She shares from her many years of experience in running medical groups and consulting to them in her practice.Please Follow or Subscribe to get new episodes delivered to you as soon as they drop! Visit Jill's company, Health e Practices' website: https://healtheps.com/ Subscribe to our newsletter, Health e Connections: http://21978609.hs-sites.com/newletter-subscriber Want more content? Find sample job descriptions, financial tools, templates and much more: www.MedicalMoneyMattersPodcast.com Purchase your copy of Jill's book here: Physician Heal Thy Financial Self Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/ Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ Visit Craig's website to book your Once in a Lifetime music experience Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/

Imagine having your physician contract's salary cap suddenly questioned by regulators due to outdated benchmarks. In this episode, hosts Conrad Meyer and Rory Bellina from Chehardy Sherman Williams take you inside the world of Fair Market Value (FMV) in physician contracting. They break down how reliance on generic benchmarks—like the 50th percentile MGMA data—can lead to disputes with CMS and create compliance headaches for healthcare organizations.Listeners will gain a clear understanding of FMV as an objective measure used to set physician compensation and avoid regulatory conflicts. Drawing on real-world case studies, Conrad and Rory reveal the pitfalls of using oversimplified or outdated contractual formulas and offer actionable strategies for reviewing and updating compensation benchmarks. They share expert tips on engaging FMV specialists, conducting regular audits, and incorporating robust legal reviews to safeguard contracts against costly disputes.This conversation is a must-listen for healthcare executives, legal advisors, and contracting professionals looking to protect their organizations from regulatory challenges and ensure competitive, compliant compensation structures. Plus, get a sneak peek into our next episode where we explore high-stakes cases of healthcare fraud and the financial fallout of regulatory missteps.Tune in now to learn how to secure your contracts and navigate the evolving landscape of FMV determinations in physician compensation.

If you want medical billing KPIs, how do you create them? We'll dive into whether you should use HFMA or MGMA or similar types of metrics. You'll be surprised at our approach, because it throws out conventional wisdom, but will result in much more success for your organization.

Episode Summary: Join us for an enlightening episode of SoundPractice as host Mike Sacopulos interviews Tom Rossi, the vice president of executive search at Jackson Physician Search. With more than three decades of experience, Rossi shares his expertise on physician recruitment, leadership development, and the pressing need for effective physician leaders today. Key Takeaways: The Importance of Physician Leaders: Physicians seek to have a voice and make a difference in patient care and experience at various levels in the healthcare system. The report “Developing the Next Generation of Physician Executives” by Jackson Physician Search and MGMA underscores the crucial role of physician leaders in improving healthcare outcomes and organizational efficiency. Challenges and Opportunities: Many organizations lack adequate physician leadership development programs. Discover how organizations in rural and major metro areas are tackling physician recruitment challenges. Essential Elements of Leadership Programs: Rossi highlights the importance of mentorship, group learning, 360 feedback, and executive coaching. Discover how leveraging technology and staying updated with advancements like AI can enhance your team's healthcare delivery. Skills and Training for Physician Leaders: Aspiring physician leaders must develop relationship-building skills and effective communication. Explore various educational paths, including MBAs, MHAs, and specialized certifications like the Certified Physician Executive (CPE). About Jackson Physician Search: Jackson Physician Search specializes in permanent physician recruitment, with a distinct focus on physician leadership roles. Their mission is to improve the delivery of patient care and the lives of everyone it touches by supporting facilities across the country that serve more than 10 million patients each year. Resource: Report: Developing the Next Generation of Physician Executives by Jackson Physician Search and MGMA Listen Now: Gain valuable insights into the critical and evolving role of physician leaders in the healthcare sector and how to effectively prepare for and excel in these pivotal roles. Learn more about the American Association for Physician Leadership.

Join us in this insightful episode as we delve into the 2024 MGMA DataDive, the gold standard for physician compensation data. Our guest, Jon Appino, the driving force behind Contract Diagnostics,  will explore the latest trends in physician and APP compensation, the impact of inflation, specialty disparities, geographical variations, and the productivity paradox. We'll also discuss the growing importance of quality measures in compensation, challenges faced by hospitals, and strategies for effective employment contract negotiations. Jon Appino has been the driving force behind Contract Diagnostics since 2011, where he leads a dedicated team on a mission to empower physicians with the knowledge, tools, and confidence to negotiate robust employment contracts and secure the best compensation packages. He discusses the KevinMD article, "2024 MGMA DataDive: Unveiling key trends in physician compensation." Our presenting sponsor is DAX Copilot by Microsoft. DAX Copilot, by Microsoft, is your AI assistant for automated clinical documentation and workflows. DAX Copilot allows physicians to do more with less and turn their words into a powerful productivity tool. DAX Copilot automates clinical documentation—making it available in the EHR within minutes—and clinical workflows, including referral letters, after-visit summaries, style and formatting customizations, and more. 70 percent of physicians who use DAX Copilot say it improves their work-life balance while reducing feelings of burnout and fatigue. Patients love it too! 93 percent of patients say their physician is more personable and conversational, and 75 percent of physicians say it improves patient experiences. Discover AI-powered solutions for clinical documentation and workflows. Click here to see a 12-minute DAX Copilot demo. VISIT SPONSOR → https://aka.ms/kevinmd SUBSCRIBE TO THE PODCAST → https://www.kevinmd.com/podcast RECOMMENDED BY KEVINMD → https://www.kevinmd.com/recommended GET CME FOR THIS EPISODE → https://www.kevinmd.com/cme I'm partnering with Learner+ to offer clinicians access to an AI-powered reflective portfolio that rewards CME/CE credits from meaningful reflections. Find out more: https://www.kevinmd.com/learnerplus

In today's episode, LocumTenens.com returns to unpack a recent report by MGMA and LocumTenens.com, offering valuable insights into the current state of healthcare operations in rural, suburban, and urban areas post-pandemic. We'll explore how these shifting dynamics impact CRNA job opportunities and what it means for the future of the profession. Tune in to discover how healthcare trends are reshaping the landscape for CRNAs and what you need to know to navigate these changes.To learn more about LocumTenens.com, visit them here!Support the showTo access all of our content, download the CORE Anesthesia App available here on the App Store and here on Google Play. Want to connect? Check out our instagram or email us at info@coreanesthesia.com

In this discussion, Jon from Contract Diagnostics addresses common questions about student loan reimbursement in physician contracts and the implications of not having student loans. Learn how to navigate reimbursement structures, negotiate incentives if you're not receiving loan help, and understand the intricacies of MGMA data for salary negotiations. Whether you're dealing with student loans or compensation benchmarks, get insights on how to advocate for yourself effectively in your employment contracts. Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit www.ContractDiagnostics.com

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com. Join Jon as he dives into the nuances of employer compensation structures and the importance of understanding when and how these changes occur. Learn how to proactively engage in compensation discussions, leverage the latest MGMA data, and craft a compelling case for your value. Whether you're negotiating a new contract or preparing for an upcoming review, this episode provides essential insights for maximizing your compensation package. Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit www.ContractDiagnostics.com

Join me for an enlightening conversation about payer contracting, with Doral Jacobsen, CEO of Prosper Beyond, a national payer contracting company: https://prosperbeyond.com/ Doral draws on many years of experience in both clinic operations and also in working on the payer side of the world as she advises her physician clients on the ins and outs of contracting.She and I talk through strategies, pitfalls and story-telling as a powerful means of communication and negotiation when working with your payer partners.  Connect with Doral on LinkedIn: https://www.linkedin.com/in/doral-jacobsen-mba-facmpe-58227915/  and you can buy her book from Amazon: https://www.amazon.com/Transitioning-Alternative-Payment-Models-Contracting-ebook/dp/B071KPGQ4C/ref=sr_1_1?crid=2UXTWEII55LYH&dib=eyJ2IjoiMSJ9.puR41jQpObA7H4rmMXPvTWhdPQ_y0xVFEdbFdkEU1YPgVFMovBB1gg_LdEMSyJSd8LmTFM8xpqbh_tmg9-RjVRPhOr-U4SX2WbZNxZCjEg8iCp_sABf6F8WqcaOQTvOebAExeUTcS1Kd2KGtwJXdRAxjAbZzwxWoRMbh2AtibwlbtNZwnxKyhGRVTybsvtw6pdA4a40560II5UxlKe4N5Oeekf-29XeTW8-rAchlXwA.DpoRTty_eM46_dsB9RISGUuaNtmOtqf3ihSygWBLWLc&dib_tag=se&keywords=doral+jacobsen&qid=1718305665&sprefix=doral+jacobsen%2Caps%2C209&sr=8-1  Lastly, you can Join the MGMA webinar on Payer Contracting that Doral leads: https://www.mgma.com/webinars/certificate-program-payer-contracting-on-demandPlease Follow or Subscribe to get new episodes delivered to you as soon as they drop! Visit Jill's company, Health e Practices' website: https://healtheps.com/ Want more content? Find sample job descriptions, financial tools, templates and much more: www.MedicalMoneyMattersPodcast.com Purchase your copy of Jill's book here: Physician Heal Thy Financial Self Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/ Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ Visit Craig's website to book your Once in a Lifetime music experience Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com. In this episode of Contract Diagnostics, Jon breaks down the latest MGMA data set for 2024. Join us as we explore the initial findings and what they mean for healthcare providers. With 211,000 respondents, the data offers insights into compensation trends for primary care, surgical specialists, and non-surgical specialists.  Jon discusses the implications of these trends in relation to inflation, workload, and staffing challenges. Learn how to interpret and apply this data to your own situation, and discover the importance of a custom analysis for accurate insights. Tune in to stay informed and make the most of the new MGMA data. Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit www.ContractDiagnostics.com

In this episode, regular guest Paige Twenter, Assistant Editor at Becker's Healthcare shares - an update relating to GLP-1 drugs and their side effects, key insights into discussions she's had with chief pharmacy officers about the future of the role, and why 18 states are ending their affiliation with the national MGMA.

The MGMA (Medical Group Management Association) data is often considered the gold standard for physician compensation analysis, but it has several limitations. Firstly, the data is delayed, with current data based on previous years' figures. Secondly, the sample size, though large, may not fully represent the physician population. Additionally, there's selection bias as certain physicians may not report their salaries. The data doesn't differentiate between full-time and part-time roles or consider variations in hourly or shift-based work. It also doesn't accurately represent value-based pay, conversion factors, or tiered structures for compensation.  Despite its popularity, MGMA data alone may not provide a comprehensive picture of fair market value for individual physicians, as each situation is unique. While valuable, it's important to consider the individual story and context when determining compensation. Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit www.ContractDiagnostics.com

This week's MGMA Week in Review podcast discusses how skill assessments and emerging AI technologies can help medical practices improve workforce development and patient care. Summary: - Colleen Luckett discusses a recent MGMA stat poll on using skill assessments to identify training needs and a related summit session on the topic. (https://www.mgma.com/mgma-stat/bridging-gaps-in-healthcare-worker-knowledge-with-skill-assessments) - Daniel Williams shares a podcast discussing credit card surcharge regulations for medical practices. (https://www.mgma.com/podcasts/ask-mgma-credit-card-surcharges-for-medical-practice-payments) - New coalition aims to improve care for patients with disabilities through provider training. )https://www.axios.com/2024/03/13/disabilities-health-care-disparitie) - On-demand webinar on staff retention strategies. (https://www.mgma.com/webinars/playing-for-keeps-on-demand ) - Epic is partnering with Microsoft and Nuance to develop AI-powered note drafting and messaging to reduce clinician burden. (https://www.fiercehealthcare.com/ai-and-machine-learning/himss24-how-epic-building-out-ai-ambient-technology-clinicians) Music: "Cool Piano" by Tagirijus courtesy of Free Music Archive, CC BY-NC-SA WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com.

Today we feature Marie Eslick, Director of HR at Apex Dermatology and Skin Surgery Center. Apex has experienced tremendous expansion across Northeast Ohio, growing from 1 to 14 locations. Marie shares how she revamped HR strategies to support this growth while maintaining a strong company culture. Key Takeaways: - Developing recognition programs, newsletters, and sponsorship events to communicate the "People First" culture - Streamlining hiring processes through technology and focus on cultural fit - Improving benefits packages to attract and retain talent in a competitive market - Implementing 90-day onboarding checklists to train new employees - Leveraging applicant tracking systems to enhance the candidate experience Resources: - Apex Dermatology website: https://apexderm.com/ - ADP Workforce Now applicant tracking and HRIS solutions: https://www.adp.com/solutions/large-business/workforce-now.aspx - SHRM resources on building an HR function: https://www.shrm.org/resourcesandtools/tools-and-samples/how-to-guides/pages/buildinganhrfunction.aspx MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview Music: "Be Cool" by Mr. Smith, courtesy of Free Music Archive, CC BY-NC-SA WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview or if you'd like to appear on the member spotlight podcast. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com.

This week, MGMA editors Daniel Williams and Colleen Luckett discuss the latest challenges facing medical practices, including rising claims denials and ongoing cash flow issues stemming from the Change Healthcare cyberattack. They share insights and resources for addressing these hurdles. Articles and Resources mentioned: 1) MGMA stat poll results - Results from the weekly poll reveals rising claims denial rates and show how practices have been impacted (https://www.mgma.com/mgma-stat/steps-toward-revenue-cycle-automation-vary-across-medical-groups ) 2) Claims denials webinar - On-demand webinar providing strategies for reducing denials through documentation, authorizations, and eligibility verification (https://www.mgma.com/webinars/future-proof-your-practice-on-demand) 3) Employee loyalty article - Insights newsletter piece on building workplace commitment and prioritizing employee well-being (https://www.physicianspractice.com/view/8-strategies-for-improving-employee-loyalty-and-commitment) 4) The New MGMA Community Home Site: Check out the cool new design where you can connect, network, get questions answered and share your own knowledge in the new member community. (https://community.mgma.com/home ) 5) Harvard Business Review change execution article - Article outlining the importance of clear internal communications for successful change initiatives using the "ACE" approach (https://hbr.org/2024/03/how-to-actually-execute-change-at-a-company?mkt_tok=MTQ0LUFNSi02MzkAAAGRrh59b6aSQzfkxBFh44Fjss76163vnPh9eW3-l2I9ktMfH0MI3NRtudupHCHSMFh6TiFSuoJ28RfqSX6BNDOsONllh8DVlvCzOWCh173iLw) 6) Cash flow crisis management article - Strategies for stabilizing operations and finances after disruptions through immediate cash management and securing short-term financing (https://www.mgma.com/articles/cash-flow-management-strategies-change-healthcare-outage) Music: "Cool Piano" by Tagirijus courtesy of Free Music Archive, CC BY-NC-SA If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at Daniel Williams at dwilliams@mgma.com. Thank you again for taking the time to listen to the MGMA podcast network.

In this episode, Daniel Williams interviews MGMA member Angela Kort about her career in healthcare administration and involvement with MGMA. Angela is Practice Director at Genesis Medical Associates, Inc., a busy independent family practice with six providers. She has over 20 years of experience in physician practice management, with certifications as a Medical Assistant (CMA) and a Phlebotomy Technician (CPT). In this episode, Angela shares about her role leading a medical practice and pursuit of her PhD. Key Talking Points: - Angela's career path and education goals - Benefits of MGMA involvement including conferences and volunteer opportunities - Insights from thinking again about changing mindsets and using data-driven decision making - Value of the MGMA book club for assigned readings and group discussion Quote: "Don't let not finishing the book hold you back from joining the book club. There's a lot to learn from others' perspectives too." - Angela Kort Book Talk: The book "Think Again" by Adam Grant was the selection being discussed for the MGMA book club this month. Some key points about it: - Angela found the chapters on mindset and not getting stuck in old ways of thinking to be particularly resonant. - Both Angela and Daniel agreed the book encouraged examining biases and assumptions in decision-making rather than just relying on instincts. - Angela aims to apply lessons from the book to regularly re-evaluate her thought processes and responses based on diverse data and perspectives. - Daniel saw parallels between themes in the book and MGMA's emphasis on data analysis and benchmarking in healthcare practices. MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview Music: "Be Cool" by Mr. Smith, courtesy of Free Music Archive, CC BY-NC-SA WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview or if you'd like to appear on the member spotlight podcast. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com.

This episode explores how Lean principles can be applied in healthcare organizations to create a culture of continuous improvement through effective leadership. Guest Owen Dahl shares strategies for empowering teams, addressing challenges like staffing models, and maintaining culture in a changing workplace environment. Key Takeaways: - Leaders must demonstrate commitment to continuous improvement initiatives by allocating resources and time to engage staff. - Involving employees in problem identification and solutions through teams/projects enhances buy-in and ownership. - Applying Lean principles to challenges like scheduling, meetings and time management can help eliminate waste and better manage constraints. - Understanding patient and staff needs through metrics is important for developing flexible staffing models that balance work arrangements. Greenbelt Course Taught by Owen Dahl: This course provides participants with the skills and knowledge to formulate and manage detailed project plans aligned with their practice's goals. https://www.mgma.com/online-courses/lean-six-sigma-green-belt-on-demand Resources: 1. https://www.mgma.com/articles/using-lean-methodology-to-address-medical-practice-staffing-challenges 4. https://www.mgma.com/articles/using-lean-and-six-sigma-to-improve-clinic-and-patient-flow 5. https://www.mgma.com/articles/using-the-lean-startup-model-to-drive-healthcare-performance-transformation Music: "Street Walk" by Paolo Pavan courtesy of Free Music Archive, CC BY-NC-SA" WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com.

Daniel Williams and Colleen Luckett discuss the latest news from MGMA, focusing on trends around AI adoption, automation challenges and opportunities, and the disproportionate burnout faced by women in healthcare. Article Summaries: 1) AI Advances but Adoption Remains Uneven - Results from MGMA stat poll on automation levels across organizations. (https://www.mgma.com/mgma-stat/steps-toward-revenue-cycle-automation-vary-across-medical-groups ) 2) Mercy Health Finds Success Through Staff Alignment - How focusing on individual strengths improved efficiency and morale. (https://www.healthcarefinancenews.com/news/mercyhealths-revenue-cycle-benefitted-putting-staffers-right-roles ) 3) Burnout Takes Larger Toll on Women - Research showing women in healthcare experience worse burnout. (https://www.axios.com/2024/02/22/health-worker-burnout-women?mkt_tok=MTQ0LUFNSi02MzkAAAGRia_SqOWWszxrtRAs1W-P2VMUz1JqnIpsgIxxzahC8ttfyWEgbXTTvhTeJ8IM9mWinijCEa6M5GgnbtlxC-Hn0pvj1J86d5mXurjtD1lXBg ) 4) Automation Revolutionizes ASC Operations - Impact of AI and automation on ambulatory surgery centers. (https://www.physicianspractice.com/view/healthcare-staffing-and-reimbursement-challenges-automation-and-ai-are-here-to-help ) 5) Book Club Insights for Leaders - Discussion of recent book "Think Again" from MGMA book club. (https://adamgrant.net/book/think-again/) (https://community.mgma.com/communities/community-home?communitykey=2811bd2f-87b0-451e-9dc7-018c7e8a233a) Key Takeaways: - Varied state of automation requires continued progress - Aligning roles to strengths can overcome challenges - Supporting women in healthcare is an industry priority - Technology is transforming operations for the better - Shared knowledge benefits healthcare professionals Music: "Cool Piano" by Tagirijus courtesy of Free Music Archive, CC BY-NC-SA If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at Daniel Williams at dwilliams@mgma.com. Thank you again for taking the time to listen to the MGMA podcast network.

In this episode of the MGMA Member Spotlight podcast host Daniel Williams is joined by Jason Raidbard and Ken Chin to discuss humanizing healthcare through culture, empathy and technology. Jason and Ken share lessons from their careers in healthcare leadership and strategies for improving engagement. Summary: Jason and Ken discuss their journeys in healthcare administration and how they met through their involvement with MGMA. They rose through the ranks to leadership positions overseeing large departments. Jason shares how he started in local government but found his calling in healthcare. Ken details his path from medical assistant to administrator. They emphasize the importance of treating employees with respect through genuine communication and flexibility. Key Takeaways: - Treat all employees, including leadership, with respect through genuine two-way communication - Normalize conversations around mental health and make wellness resources accessible to destigmatize issues - Foster diversity among staff to better reflect and serve all patient populations - Offer flexibility in schedules and work modes to support work-life balance - Leverage technology for streamlined workflows, collaboration across locations and data-driven insights - Start with building human connections through emotional intelligence and empathy at all levels - Recognize and acknowledge good work regularly to boost morale and performance MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview Music: "Be Cool" by Mr. Smith, courtesy of Free Music Archive, CC BY-NC-SA WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview or if you'd like to appear on the member spotlight podcast. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com.

This Women in Healthcare podcast features healthcare payer contracting strategies and personal growth lessons from Doral Davis-Jacobsen, a consultant with over 20 years of experience in payer contracting. Davis-Jacobsen shares her experiences with host Adrienne Lloyd on recent trends impacting negotiations, successful negotiation tactics, contract timeline best practices, the use of AI and data in negotiations, and her internship program focusing on professional development. Key Takeaways: - Plan contract discussions far in advance of renewal windows to allow time for successful negotiations. - Use empathetic, collaborative approaches rather than confrontational tactics when negotiating. - Prioritize self-care and boundaries to avoid burnout and focus energy on high-impact work. - Seek new professional circles and define your own structure when transitioning from large teams to independence. Resources: "I Love It Here" by Clint Pulver (https://clintpulver.com/book/) Book on company culture "Never Split the Difference" by Chris Voss (https://www.blackswanltd.com/never-split-the-difference) Book on negotiation tactics MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview Music: "Pablito's Way" by Paolo Pavan courtesy of Free Music Archive, CC BY-NC-SA If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at Daniel Williams at dwilliams@mgma.com. If you would like to appear on Women in Healthcare, contact Adrienne Lloyd at adrienne@optimizehealthcarellc.com. Thank you again for taking the time to listen to the MGMA podcast network.

Welcome to another episode of Mindful Medicine, the podcast that explores health and wellness through mindfulness and thoughtful discussion. On today's episode, host Daniel Williams speaks with Amanda Jensen about a recent program she facilitated for MGMA employees on Black History Month and health equity. Amanda designed the session to provide education on these important topics and encourage learning directly from Black voices. Summary: In this conversation, Jensen provides context around the program she developed for MGMA employees and shares key insights. She emphasizes the importance of maintaining an open and curious mindset when learning about issues like racial disparities in healthcare. Participants discussed articles on Black maternal health mortality in small groups. Jensen also defines important terms like health equity and discusses factors contributing to inequities faced by Black communities. Throughout, she stresses the need for ongoing education to improve patient care and outcomes. This insightful episode highlights the value of mindfulness and critical thinking when discussing complex social issues. Key Takeaways: - Differences between equality and equity in healthcare - Social determinants that impact health inequities - Lack of doctor/nurse training contributing to inequities Quotes: "Black history is American history. So I really think that we should be learning about it all year, especially as so much of it is left out of traditional history, education." - Amanda Jensen "Health equity requires the examination of social determinants of health and providing appropriate supports, so that people have what they need in order to access and experience safe healthcare." - Amanda Jensen Resources: - Black History For Real podcast (https://wondery.com/links/black-history-for-real/?gad_source=1&gclid=CjwKCAiAivGuBhBEEiwAWiFmYbiZ9lf0SRx9I4z5P901gUz9qfk9lGTYqrRP4uqCNBBVGXWjzNTY3RoCpssQAvD_BwE&gclsrc=aw.ds) - CDC's Foundations of Health Equity training (https://www.cdc.gov/healthequity/training/index.html) - AMA's program on health equity champions (https://www.ama-assn.org/education/improve-gme/give-resident-physicians-know-how-advance-health-equity#:~:text=The%20course%20is%20part%20of,for%20residents%20on%20the%20go.) - Book "Legacy" by Dr. Uché Blackstock (https://www.penguinrandomhouse.com/books/705871/legacy-by-uche-blackstock-md/) MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview Music: "Street Walk" by Paolo Pavan courtesy of Free Music Archive, CC BY-NC-SA WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com.

Welcome to this edition of MGMA's Week in Review podcast. Today we'll review articles and content on health equity, the latest MGMA Stat and workforce shortages. Sources: MGMA Stat: https://www.mgma.com/mgma-stat/in-pursuit-of-health-equity-efforts-sometimes-lack-formal-goal-setting DMSG Podcast: https://www.dmsghealthcarepodcast.com/2024/02/13/how-practices-can-successfully-prepare-for-the-future-while-being-squeezed/ Medical Debt: www.axios.com/2024/02/14/medical…debt-united-states Workforce shortages: https://www.beckershospitalreview.com/workforce/is-the-healthcare-workforce-a-problem-or-not.html Affordability: https://www.kff.org/affordable-care-act/poll-finding/kff-health-tracking-poll-february-2024-voters-on-two-key-health-care-issues-affordability-and-aca Global Workforce Podcast: https://soundcloud.com/mgmapods/business-solutions-modernizing-hiring-and-retention-strategies-with-remote-employees?si=b3e65898e6ba404faef70bba081e9852&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Global Workforce Webinar on-demand: https://www.mgma.com/webinars/recreating-the-wheel-modernized-hiring-and-retention-strategies-with-remote-employees-on-demand Health Equity Podcast: https://soundcloud.com/mgmapods/mindful-medicine-exploring-diversity-equity-and-inclusion-in-healthcare?si=1e63c578a49c4be9bed673bc9b94e13c&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview Music: "Cool Piano" by Tagirijus courtesy of Free Music Archive, CC BY-NC-SA If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at Daniel Williams at dwilliams@mgma.com. Thank you again for taking the time to listen to the MGMA podcast network.

This episode of the Ask MGMA podcast focuses on how AI can be used to support value-based care models in healthcare. Co-host Christy Good shares her experience presenting on this topic and key ways AI can help, including risk stratification, population health management, and care coordination. Key Points: - AI can conduct risk stratification and predictive analytics to proactively manage high-risk patients - It enables comprehensive population health management through big data analysis - AI facilitates care coordination and seamless information exchange - Personalized patient engagement, education and remote monitoring are possible - AI assists clinicians with evidence-based decision support Sources: MGMA Stat May 2022: https://www.mgma.com/mgma-stats/physician-compensation-benchmarks-to-navigate-the-transition-from-volume-to-value MGMA Stat May 2023: https://www.mgma.com/mgma-stat/nearly-half-of-medical-groups-tie-physician-compensation-to-quality-performance Humana Study: https://www.mgma.com/deep-dives/shifting-to-value-amid-pandemic-and-staffing-challenges - https://www.mgma.com/data-report-patient-access-and-value-based-outcomes-amid-the-great-attrition Data Report: Patient Access and Value-Based Outcomes Amid the Great Attrition - Navigating to Value-Based Outcomes (book) - https://www.mgma.com/books/navigating-to-value-based-outcomes Roadmaps to Value-based Profitability: A Practice Transformation Guide (book) - https://www.mgma.com/books/navigating-to-value-based-outcomes Value-Based Care – A Thought Leadership Exploration – on demand (webinar) - https://www.mgma.com/webinars/value-based-care-a-thought-leadership-exploration-on-demand Value-Based Care: What Value – and Who Cares? – on demand (webinar) - https://www.mgma.com/webinars/value-based-care-what-value-and-who-cares-on-demand Music: "Street Walk" by Paolo Pavan courtesy of Free Music Archive, CC BY-NC-SA" 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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com.

Welcome to this edition of MGMA's Week in Review podcast. Today we'll review articles and content on no shows, three types of overthinking, and medical debt. Sources: 3 Types of Overthinking: https://hbr.org/2024/02/3-types-of-overthinking-and-how-to-overcome-them MGMA Stat: https://www.mgma.com/mgma-stat/in-pursuit-of-health-equity-efforts-sometimes-lack-formal-goal-setting Medical Coding Update: https://www.mgma.com/member-tools/2024-medical-coding-and-billing-toolkit Medical Debt: https://www.axios.com/2024/02/14/medical-debt-united-states Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview Music: "Cool Piano" by Tagirijus courtesy of Free Music Archive, CC BY-NC-SA If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at podcasts@mgma.com or email Daniel Williams directly at dwilliams@mgma.com. Thank you again for taking the time to listen to the MGMA podcast network.

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 when entering practice. * The new self-paced online course has 9 modules covering topics like practice models, insurance, compensation, personal finance, and more. * It includes proprietary benchmark salary data from MGMA to help physicians negotiate fair compensation packages. * The course provides 7 hours of CME credit. * It's designed for residents, fellows, and early-mid career physicians entering leadership roles. Resources: Course website: www.physicianbusinesstraining.com Direct link: www.mgma.com/online-courses/what-docs-dont-get-taught Additional MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview Music: "Be Cool" by Mr. Smith, courtesy of Free Music Archive, CC BY-NC-SA WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com.

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: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview Music: "Cool Piano" by Tagirijus courtesy of Free Music Archive, CC BY-NC-SA If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at podcasts@mgma.com or email Daniel Williams directly at dwilliams@mgma.com. Thank you again for taking the time to listen to the MGMA podcast network.

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 practices. Resources: Upcoming Webinar: Recreating the Wheel: Modernizing Hiring and Retention Strategies with Remote Employees -- https://www.mgma.com/webinars/recreating-the-wheel-modernized-hiring-and-retention-strategies-with-remote-employees Edge: https://onedge.co/ Additional MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview 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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. Music: "Slow Burn" by Kevin MacLeod, courtesy of Free Music Archive, CC BY-NC-SA WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com. If you have opportunities and resources you'd like to share with MGMA members, go to Marketing with MGMA to find out how you can connect with the MGMA audience.

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-groups-heading-into-2024 MGMA Webinar: https://www.mgma.com/webinars/recreating-the-wheel-modernized-hiring-and-retention-strategies-with-remote-employees?utm_source=email&utm_medium=marketo&utm_campaign=con-gen-jan-2024-newsletter1108-0123&mkt_tok=MTQ0LUFNSi02MzkAAAGQ1Z7rEFtI0rg3-sH4eq3r8SQTVa7tS7K-p_XSIWUlH1OjLehqoMDaJZSavQIrMTXlEU983Wqjfy931eGoCfIhyY9W5D5XC53XamqGXEDV9g Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview Music: "Cool Piano" by Tagirijus courtesy of Free Music Archive, CC BY-NC-SA If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at podcasts@mgma.com or email Daniel Williams directly at dwilliams@mgma.com. Thank you again for taking the time to listen to the MGMA podcast network.

In this episode of Mindful Medicine, Daniel Williams interviews Amanda Jensen about her work advocating for diversity, equity and inclusion at MGMA. Key Takeaways: - Amanda became interested in DEI after committing to listening to underrepresented voices and perspectives - At MGMA, she helped start resource groups at the Leaders Conference to create spaces for connection among attendees with different backgrounds - DEI work requires intentional strategies, not one-time trainings, and is a long-term commitment for organizational change - Self-reflection on unconscious bias involves accepting its existence and making learning about other groups a regular habit Sources mentioned: "Caste" by Isabel Wilkerson (https://rb.gy/snmij2) "So You Want to Talk About Race" by Ijeoma Oluo (https://rb.gy/xxjz31) Sponsor: Physician Business Training (https://physicianbusinesstraining.com/?utm_source=digital&utm_medium=search&utm_campaign=edu-edplus-dec-2023-physicianbusinessppc&gad_source=1) 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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview Music: "Street Walk" by Paolo Pavan courtesy of Free Music Archive, CC BY-NC-SA WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com.

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_from_webapp=1&sender_device=pc&web_id=7328436087269131818 Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at podcasts@mgma.com or email Daniel Williams directly at dwilliams@mgma.com. Thank you again for taking the time to listen to the MGMA podcast network.

In this episode of the Business Solutions podcast, MedEvolve executive vice president Matt Seefeld discusses leveraging technology to streamline the healthcare revenue cycle. Resources: Podcast Transcription: 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/ Additional MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview 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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com. If you have opportunities and resources you'd like to share with MGMA members, go to Marketing with MGMA to find out how you can connect with the MGMA audience.

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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have opportunities and resources you'd like to share with MGMA members, go to Marketing with MGMA to find out how you can connect with the MGMA audience.

In this Coffee and Contracts episode with Jon from Contract Diagnostics, the focus is on negotiating based on data and determining fair value. The discussion emphasizes the importance of considering various data inputs beyond standard industry metrics, such as MGMA data. Jon highlights the significance of understanding the context, including factors like the duration a position has been open, location, and facility staffing.  The episode stresses the need to interpret data accurately and tailor compensation evaluations to individual circumstances, accounting for variables like vacation time and benefits.  Jon also emphasizes Contract Diagnostics' personalized approach to consulting, ensuring clients understand the nuances of their contracts. LINKS: www.ContractDiagnostics.com

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, including challenges such as quality of care issues and managing cultural changes post-COVID. Rhonda also emphasized the importance of understanding the full global picture regarding quality of care and patient experience. Sources discussed: MGMA Book Club: community.mgma.com/communities/com…c7-018c7e8a233a MGMA Book for January: www.amazon.com/Insight-Self-Awar…eed/dp/0451496817 Big Idea Podcast: podcasts.apple.com/dk/podcast/big-…uy/id1456686937 Sponsor: Physician Business Training (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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com.

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 TEDx talk has more than 9 million views. Tasha's latest book, Insight, appears on Brené Brown's bookshelf, and is the book we'll be discussing in today's conversation. If you would like to join the MGMA Book Club, email Daniel Williams at dwilliams@mgma.com or you can go to the MGMA Member Community and search for "Book Club." Our first meeting is January 23. Sources discussed: MGMA Book Club: community.mgma.com/communities/com…c7-018c7e8a233a MGMA Book for January: www.amazon.com/Insight-Self-Awar…eed/dp/0451496817 Tasha Eurich: https://www.tashaeurich.com/ Self-Awareness Quiz: https://www.insight-book.com/quiz Sponsor: Physician Business Training (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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit.

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=2811bd2f-87b0-451e-9dc7-018c7e8a233a MGMA Book for January: https://www.amazon.com/Insight-Self-Aware-Ourselves-Clearly-Succeed/dp/0451496817 Big Idea Podcast: https://podcasts.apple.com/dk/podcast/big-ideas-from-the-business-intelligence-guy/id1456686937 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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have opportunities and resources you'd like to share with MGMA members, go to Marketing with MGMA to find out how you can connect with the MGMA audience.

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.com/mgmapods/ask-mgma-how-to-conduct-a-practice-assessment Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at podcasts@mgma.com or email Daniel Williams directly at dwilliams@mgma.com. Thank you again for taking the time to listen to the MGMA podcast network.

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://www.mgma.com/articles/starting-a-telehealth-program-in-your-practice-know-the-steps Medical Practice Evaluation Tool: https://www.mgma.com/online-courses/medical-practice-evaluation-tool Sponsor: Physician Business Training (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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com. If you have opportunities and resources you'd like to share with MGMA members, go to Marketing with MGMA to find out how you can connect with the MGMA audience.

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 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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. Additional Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at podcasts@mgma.com or email Daniel Williams directly at dwilliams@mgma.com. Thank you again for taking the time to listen to the MGMA podcast network.

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 the 2024 Medicare Physician Fee Schedule. 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 Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at podcasts@mgma.com or email Daniel Williams directly at dwilliams@mgma.com. Thank you again for taking the time to listen to the MGMA podcast network.

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 previously named one of St. Louis' “Top 30 under 30” by the St. Louis Business Journal. Neal Waters, also Regional Vice President of Recruiting, serves as a mentor to a growing team of JPS recruiters. All three were recently featured in the MGMA webinar titled “Building Better Recruitment and Retention Strategies for Early Career Physicians.” Resources: JPS Webinar: https://www.mgma.com/webinars/building-better-recruitment-and-retention-strategies-for-early-career-physicians-on-demand JPS Research Paper: https://www.jacksonphysiciansearch.com/white-papers/2023-survey-reveals-new-insights-for-more-effective-recruitment-and-retention-of-early-career-physicians/ Additional MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview 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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com. If you have opportunities and resources you'd like to share with MGMA members, go to Marketing with MGMA to find out how you can connect with the MGMA audience.

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 (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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com. If you have opportunities and resources you'd like to share with MGMA members, go to Marketing with MGMA to find out how you can connect with the MGMA audience.

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 an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at podcasts@mgma.com or email Daniel Williams directly at dwilliams@mgma.com. Thank you again for taking the time to listen to the MGMA podcast network.

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-imperative-for-physician-retention/ LocumTenens.com: https://www.locumtenens.com/ Additional MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview 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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com. If you have opportunities and resources you'd like to share with MGMA members, go to Marketing with MGMA to find out how you can connect with the MGMA audience.

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.noridianmedicare.com/web/jeb/specialties/mental-health CPT Code 99205: Billing Guide & Reimbursement Rates (2023): https://therathink.com/cpt-code-99205/ 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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com. If you have opportunities and resources you'd like to share with MGMA members, go to Marketing with MGMA to find out how you can connect with the MGMA audience.

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! MGMA Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email dwilliams@mgma.com If you have opportunities and resources you'd like to share with MGMA members, go to Marketing with MGMA to find out how you can connect with the MGMA audience.

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/leakage-the-problem-your-health-system-has-no-plan-for Reduce payment stress: https://www.mgma.com/articles/engaging-with-patients-to-reduce-payment-stress Resources: MGMA Stat: mgma.com/stat Ask an Advisor: www.mgma.com/ask-an-advisor MGMA Membership: www.mgma.com/membership MGMA Advocacy: www.mgma.com/advocacy MGMA Consulting: www.mgma.com/consulting/overview If you would like additional tools and resources related to medical practice leadership or you have stories to share with us, email us at podcasts@mgma.com or email Daniel Williams directly at dwilliams@mgma.com. Thank you again for taking the time to listen to the MGMA podcast network.

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 ago and shares its unique features along with feedback from MGMA members who have since utilized the card. Sources: MGMA Emerald Card: https://about.mgma.cards/ 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 leaders from Johns Hopkins University School of Medicine. This course awards 7 hours of CME credit. Contact Information: Thank you again for taking the time to listen to MGMA's Business Solutions. If you have opportunities you'd like to share, go to www.mgma.com/marketing-with-mgma/advertise to find out how you can connect with the MGMA audience. WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at dwilliams@mgma.com. If you have a question for our Sr Advisor Cristy Good, email advisor@mgma.com.

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Jon from Contract Diagnostics is addressing the question of how often one should expect an increase in pay. He explains that pay increases can vary depending on the employer and the terms outlined in the employment agreement. Some employers offer annual pay increases, while others may base it on factors such as MGMA data or blended survey data.  Jon emphasizes that if an employer does not proactively offer pay increases, it may be necessary for the employee to raise the topic themselves.  He encourages individuals on auto-renewing contracts to reach out to Contract Diagnostics for assistance in evaluating their compensation and determining if adjustments can be made. Jon highlights the importance of understanding one's income potential and ensuring fair compensation. He mentions that transparent access to relevant information like RVU numbers, collections, and efficiency rankings is crucial for evaluating one's compensation.  Contract Diagnostics offers coaching and guidance for having discussions about compensation with employers.  Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit www.ContractDiagnostics.com

In this message, Jon from Contract Diagnostics discusses the total compensation data from the MGMA survey, which is considered the gold standard for physician compensation.  The MGMA survey gathers data from a large number of physicians and their employers each year, but participation is relatively low, so the accuracy of the inputs is uncertain. The data includes various types of compensation such as salary, bonus, incentives, stipends, and distributions of profits, but excludes expense reimbursements and employer contributions to benefits like retirement plans and insurance. Jon emphasizes the complexity of interpreting the data, as it does not account for factors like call stipends, signing bonuses, or variations in workload.  Despite its shortcomings, Contract Diagnostics can help physicians make sense of the MGMA data and consider it alongside their individual situations. LINKS: www.ContractDiagnostics.com