MGMA-ACMPE members identified top management challenges in our fifth annual Medical Practice Today: What members have to say research.
A full analysis of this unique research is published in the July 2012 issue of MGMA Connexion magazine. The two coinciding articles, "Finances top challenge charts for Association members" and "Reading between the lines: How applicable and intense are industry challenges?" are available online through virtual Connexion.
To read the articles:
1) MGMA-ACMPE members, log in and select "Read the latest issue and exclusive online content" Not a member? Join Now
2) Once you're in virtual Connexion use the left-hand navigation bar to find the table of contents. The two Medical Practice Today articles can be found on pages 42 and 46.
2012 results at a glance:
How do we decide which challenges are most pressing? We use three different indexes to examine the data:
Applicability index
Members responding to the questionnaire can indicate when a specific challenge is not applicable to their situation. So the applicability percentage showcases how many of our members are dealing with a given challenge.
Intensity metric
We ask members to classify (along a five-point scale) how big of a challenge they consider each issue, from "no challenge at all" to "extreme challenge." Challenges categorized as "considerable" and "extreme" are considered intense challenges, so the intensity index measures how many of our members classify a given challenge as "intense."
Applicability-weighted intensity index
We consider this the best of both worlds: We examine both the applicability and the intensity metrics to examine which challenges top the charts for our members. Challenges that top the list are the most extreme challenges and are also applicable to the largest number of our members.