MGMA survey: Physicians offered signing bonuses, paid relocation expenses to join new practices
May 7, 2014— The environment to recruit and retain physicians continues to be highly competitive and has increased first-year median guaranteed compensation for providers.
Medical practices increasingly employ nonphysician providers to accommodate patients and enable care coordination
April 8, 2014—To accommodate patients and enable care coordination, physician practices are exploring new ways to deliver care in a value-based environment. Healthcare organizations are employing nonphysician providers (NPPs) to extend the reach of physicians, enhance revenue, which can later be reinvested into the organization, and increase patient satisfaction. According to the new MGMA analysis Nonphysician Provider Utilization in the Future of US Healthcare, during the past 15 years, medical practices have increased their use of NPPs.
Physicians in academic settings yield higher compensation for clinical activity
April 1, 2014— Physicians in academic settings report varying time spent in clinical, teaching, researching and administrative capacities. According to the MGMA Academic Practice Compensation and Production Survey for Faculty and Management: 2014 Report Based on 2013 Data, general internists and pediatricians reported an increase in median compensation since last year, when billable clinical responsibility occupied more than two thirds of their time.
MGMA Financial Management and Payer Contracting Conference to address practice executives most pressing financial management issues
Feb.5, 2014—Practice executives revealed the most intense and applicable challenges of running a medical practice in the MGMA 2013 “Medical Practice Today: What members have to say” research and expressed concern over mounting financial pressures.
New MGMA research: industry coordination lagging; less than 10 percent of physician practices ready for ICD-10
Feb. 4, 2014 – As the Oct. 1 compliance date to transition to the International Classification of Diseases, Tenth Revision (ICD-10) approaches for physician practices, MGMA research released today indicates that overall readiness for implementation continues to lag.
New MGMA conference highlights shifts in role of practice administrators
Jan. 28, 2014—An array of practice administrators and executives, speakers and other visionaries will convene in Orlando, Fla., on March 23 with their eyes on the future of healthcare delivery.
MGMA partners with Navicure to expand financial management insights
Jan. 21, 2014—MGMA, the largest membership association for medical practice managers and executives in the United States, today announced a new executive partnership agreement with Navicure, a healthcare payment solution that helps physician practices, billing companies and hospitals increase profitability through increased revenue, faster cash flow and enhanced staff productivity.
MGMA benchmarking report: Almost 80 percent of practices deemed 'better-performers' conduct patient-satisfaction surveys
Nov. 13, 2013— Almost 80 percent of medical practices deemed “better-performers” by the MGMA Performance and Practices of Successful Medical Groups: 2013 Report Based on 2012 Data indicated they used patient-satisfaction surveys.
MGMA announces 2013-14 Board of Directors
Oct. 8, 2013 — Today, MGMA announced that Stephen A. Dickens, JD, FACMPE, FACHE, risk management specialist, State Volunteer Mutual Insurance Co., Brentwood, Tenn., will serve as Board chair of MGMA.
MGMA awards recognize excellence in medical practice management
Oct. 8, 2013 — MGMA presented its annual awards to medical practice professionals who made outstanding contributions to the profession.
Medical group practices approaching ACA exchange participation with caution
Oct. 7, 2013—According to new MGMA research released today, medical group practices are sounding a cautious note surrounding ACA exchange implementation.
MGMA reveals new brand at 2013 Annual Conference
Oct. 6, 2013 — Today, the Medical Group Management Association® (MGMA®) unveiled a new brand focused on advancing medical practices and the profession of medical practice management.
Total operating costs per patient higher in patient-centered medical homes; higher revenue also reported
Sept. 17, 2013 -- Physician practices are investing in patient-centered care and continuing to seek ways to better serve their communities, including formally or informally integrating or aligning with other stakeholders or exploring alternative models for delivering care, such as becoming a patient-centered medical home (PCMH).
MGMA names Garth Jordan chief operating officer
Sept. 11, 2013 -- MGMA today announced that Garth Jordan has joined the Association as chief operating officer.
MGMA survey: Physician practices report increased information technology costs
Sept. 10, 2013 -- Information technology costs are on the rise, as physician practices adopt and optimize electronic health records (EHRs).
MGMA adds HCA Physician Services to large-group membership program
Aug. 14, 2013 -- MGMA, the largest membership association for medical practice executives and administrators in the United States, today reported that HCA Physician Services joined the Association as the newest large-group member.
MGMA survey: Medical practice executives responsible for technology report compensation increases
July 22, 2013 -- Medical groups are navigating the ever-changing healthcare environment by increasingly seeking out and adopting health information technology (HIT) solutions in their organizations. Successful adoption of HIT requires having the proper staff in place to manage and optimize.
Medical practice executives cite financial management issues as most challenging
June 25, 2013 -- For the sixth year, medical practice executives revealed their biggest daily professional challenges to MGMA and disclosed their struggles to adapt to rapid changes, legislative pressures and fiscal uncertainty.
MGMA research indicates industry ICD-10 readiness lagging
June 13, 2013 – MGMA research released today suggests that the overall readiness of the industry to meet the Oct. 1, 2014, compliance date to adopt the International Classification of Diseases, Tenth Revision (ICD-10) continues to be slow.
MGMA survey: Physician compensation includes quality and patient satisfaction components
June 12, 2013 — Quality measures appear to be a small yet emerging component of total compensation for physicians. According to the MGMA Physician Compensation and Production Survey: 2013 Report Based on 2012 Data, primary care physicians reported that 3 percent of their total compensation was based upon measures of quality.