Financial Management

 Aligning organization strategic plans with capital asset management

November 1, 2017

A successful medical group will find ways to allow capital assets to act as an extension of the strategic plan to understand better the organization’s current capital inventory and future needs.

 Fixing a credentialing and contracting dilemma for a departing physician

October 1, 2017

MGMA members weigh in about how to handle credentialing issues once a physician decides to leave a group practice to set up his or her own practice.

 Making sense of incident-to billing across your practice

October 1, 2017

MGMA coding expert Susan Whitney outlines what you need to know to make sure you are getting your incident-to billing right.

 MGMA submits recommendations on year two of Medicare’s Quality Payment Program

October 1, 2017

MGMA Government Affairs outlines concerns and recommendations submitted to the Centers for Medicare & Medicaid Services about the proposed changes to year two of the Medicare Quality Payment Program.

Proper timing of financial reports adds transparency, builds confidence among providers

October 1, 2017

Knowing the right frequency for financial reports in your medical practice can make a big difference in provider confidence, according to Kyle D. Mathews, CMPE.

Keep current on contract rates tied to the Medicare Part B fee schedule

September 28, 2017

Medical groups with a significant amount of contracting tied to Medicare Part B need to stay updated on changes to reimbursement each year to effectively manage a revenue cycle.

Use benchmarking to take the emotion out of your decisions and increase buy-in

September 26, 2017

Use benchmarks to understand how your practice compares to others and to create buy-in for change, says Greg Feltenberger, PhD, MBA, FACMPE, FACHE.

MGMA poll: 40% of healthcare organizations not coding for risk adjustment

September 13, 2017

Risk adjustment has been around for years, but many medical groups do not code for it. Find out more about the factors that make it a part of the shift to value in healthcare.

MGMA Stat poll finds about one out of six providers pay fees for receiving electronic payments

September 7, 2017

Is your practice paying fees for receiving electronic payments? An MGMA Stat poll finds about one in six providers lose a cut of their payment due to receiving EFT fees.

 Strengthening the provider-payer relationship to enhance performance in risk-based arrangements

September 1, 2017

If your practice is considering a risk-based arrangement with a payer, make sure you do your due diligence and find the right agreement for your organization.

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