• MGMA Podcasts

  • By: MGMA
  • Podcast

  • Summary

  • Welcome to the MGMA Podcast Network, your gateway to insightful discussions and expert analysis on key topics in healthcare management. Dive into a diverse array of shows tailored to meet the interests and needs of healthcare professionals like you. Explore the experiences and perspectives of trailblazing women in healthcare on "Women in Healthcare," or discover innovative strategies and solutions for your practice on "Business Solutions." Stay updated on the latest industry trends and news with "Week in Review," and gain valuable insights from industry leaders and MGMA members on "Member Spotlight." Don't miss our flagship show, "MGMA Insights," where we delve deep into the most pressing issues facing healthcare organizations today. Whether you're seeking inspiration, practical advice, or in-depth analysis, the MGMA Podcast Network is your trusted companion on your journey towards excellence in healthcare management. Tune in and join the conversation today!
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Episodes
  • Ask An Advisor: Insight to Navigating On-Call Compensation
    Nov 5 2024

    Welcome to the MGMA Ask An Advisor Podcast, hosted by Daniel Williams, Senior Editor at MGMA, and joined by Cristy Good, Senior Advisor at MGMA. In this episode, we address one of the pressing challenges for medical practices: structuring on-call compensation effectively. This conversation dives into common models, compliance considerations, balancing workloads, and managing provider burnout. Medical practice leaders will find practical solutions and strategies to ensure fair, transparent, and market-aligned on-call practices, helping mitigate potential issues within their teams.


    Key Takeaways:

    • On-Call Compensation Models:
      • Daily Stipend: A common approach offering a fixed daily rate, typically ranging from $1,000 to $1,500.
      • Hourly Compensation: Payment based on active hours, providing flexibility but requiring close time tracking.
      • Productivity-Based Pay: Aligns compensation with volume or service type but can lead to variable income.
      • Minimum Guarantee: Ensures a base pay with a potential bonus for exceeding on-call demands.
      • Tiered Compensation: Adjusted rates for specific times or services, ideal for practices with diverse on-call needs.
    • Ensuring Compliance and Fair Market Value:
      • Leverage MGMA DataDive for benchmarking compensation within specialties and regions.
      • Avoid arrangements that could imply incentivizing referrals, adhering to Stark Law and Anti-Kickback Statutes.
      • Keep thorough documentation on call frequency, provider burden, and response requirements to support defensible compensation structures.
    • Balancing On-Call Responsibilities:
      • Implement shared call models and clearly define call duties within provider agreements.
      • Encourage open communication among providers to discuss and address workload concerns.
      • Include flexibility by allowing providers to trade shifts, ensuring fair distribution across the team.
    • Mitigating Provider Burnout:
      • Practices can bring in nocturnists or hospitalists for night and weekend shifts, reducing the strain on regular staff.
      • Openly address provider workload concerns, fostering a supportive environment for well-being.
    • Resources and Links:
      • MGMA DataDive
      • Ask MGMA
      • Email Advisor@mgma.com for direct assistance and resources.

    For more resources and direct assistance with your practice needs, check the episode show notes or visit MGMA’s website for insights on on-call compensation and other key topics.


    NHA
    Are you facing the challenge of healthcare workforce shortages? The National Healthcareer Association (NHA) is here to help. NHA empowers individuals and organizations by offering nationally accredited certifications and innovative solutions to address critical staffing gaps. Whether you're a healthcare employer looking to upskill your team or a professional seeking advancement, NHA's comprehensive resources can provide the support you need to thrive in today’s fast-paced healthcare environment. Visit www.nhanow.com to learn how NHA can help you build a stronger, more capable workforce.

    AvodahMed
    Running a busy medical practice? Nsight, Powered by AvodahMed, is an ambient AI transcription solution that offers unparalleled support for SOAP and clinical notes, and symptom tracking, greatly improving chart closure rates with features such as one-click functionality to send provider notes directly into EMRs and the ability to maximize revenue potential through precise E&M time complexity. Focus on your patients, not the keyboard. Visit AvodahMed.com to schedule a demo and experience the future of clinical efficiency!"

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    16 mins
  • MGMA Member Spotlight: Adam Pople on Navigating Challenges and Driving Innovation as a Practice Administrator
    Nov 4 2024

    In this episode of the MGMA Member Spotlight, Daniel Williams, senior editor at MGMA, sits down with Adam Pople, HRMC, FMC, FACMPE, practice administrator at Cape Girardeau Surgical Clinic. Adam shares his experiences and insights from attending the MGMA Leaders Conference, discussing the key challenges he faces in his role and the strategies he employs to drive success and innovation in medical practice management.

    Main Points:

    1. Leveraging the MGMA Leaders Conference: Adam discusses his goals for attending the conference, including networking, learning new tools and strategies, and staying up-to-date on industry changes. He highlights an impactful session on addressing the psychology behind staff and physician burnout.
    2. Navigating Scarce Resources and Burnout: As a seasoned practice administrator, Adam identifies the critical challenges of managing limited funds amidst declining reimbursements and rising costs, as well as the ongoing issue of employee burnout. He emphasizes the importance of creative problem-solving and re-engaging staff to improve overall practice performance.
    3. Balancing Planned and Spontaneous Learning: Adam shares his approach to planning conference sessions, striking a balance between must-attend topics and openness to new learning opportunities that can provide valuable insights.
    4. The Rewards of Mentorship: Adam discusses his valuable experiences as both a mentee and mentor in the MGMA mentorship program, highlighting the rewards of supporting the professional development of others and the mutual benefits of these collaborative relationships.

    MGMA Resources:

    • MGMA Stat
    • Ask MGMA
    • MGMA Conferences
    • MGMA Consulting

    We Want to Hear From You:

    Let us know if there's a topic you want us to cover, an expert you would like us to interview, or if you'd like to appear on an MGMA podcast. Email us at:

    • Daniel Williams: dwilliams@mgma.com
    • Ryan Reaves: rreaves@mgma.com
    • Colleen Luckett: cluckett@mgma.com

    Thank you for tuning in to the MGMA Podcast Network. Please subscribe and leave us a review. See you next time!

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    7 mins
  • MGMA Week in Review Podcast: Pre-Election Insights and Technology in Healthcare
    Nov 1 2024
    Welcome to the latest episode of the MGMA Week in Review podcast, hosted by Daniel Williams and Colleen Luckett. In this episode, we delve into critical topics shaping the healthcare landscape just days before the U.S. election. Daniel and Colleen discuss the healthcare policies proposed by major candidates, upcoming Medicare and Medicaid changes, and urgent issues surrounding opioid addiction treatments. Additionally, we explore the latest cybersecurity threats and the increasing role of AI in medical practice management. These insights offer healthcare leaders timely knowledge to help navigate current challenges and prepare for the months ahead.Major Takeaways:Election Tension & Healthcare Policy:With the election just around the corner, Daniel and Colleen explore policy stances of the primary candidates, focusing on healthcare issues. Colleen highlights a tool from the Kaiser Family Foundation that compares the health records and proposals of the major candidates, emphasizing ACA-related changes, Medicaid expansions, and proposed reforms in healthcare funding.“Voters across the country are gearing up to make crucial decisions… this race is intense, and everyone seems to be feeling the weight of what’s at stake.” – Colleen LuckettCybersecurity Threats: Deepfake Phishing & QR Code Scams:Daniel discusses a Harvard Business Review article that warns of evolving phishing tactics, including deep fake technology and QR code scams (termed ‘cushing’). These sophisticated phishing attempts are now using AI-generated audio and video to impersonate executives, posing a significant threat to healthcare practices.Security Tips: Implement multi-factor authentication (MFA) beyond SMS, conduct regular employee training, and adopt advanced phishing-resistant technologies.Medicare and Medicaid Legislative Developments:Colleen reviews a bipartisan bill aiming to prevent a proposed Medicare Physician Fee Schedule cut and instead implement a 1.8% pay increase for physicians. Similarly, Daniel covers Medicaid “unwinding,” affecting opioid addiction treatment access. This rollback impacts patients relying on Medicaid for essential care, particularly methadone therapy, leaving clinics under-resourced.“The current payment rates have failed to keep pace with inflation, pressuring physicians and threatening patient access to care.” – Colleen Luckett“Patients often face forced withdrawals from methadone, increasing the chance of relapse and overdose.” – Daniel WilliamsAI in Medical Practices: Insights from MGMA Stat Poll:The episode wraps up with insights from the latest MGMA Stat Poll, revealing that scribing tools for documentation and patient communication are top priorities for medical practices. Nearly 60% of practice leaders report planning to adopt AI tools within the next year.Upcoming Resources: Watch for MGMA's AI insights report in the November Insights newsletter and the January MGMA Connection magazine.Resources Mentioned:Kaiser Family Foundation Comparison Tool for Election Policies – Kaiser Family FoundationHarvard Business Review Article on Phishing Tactics – Harvard Business ReviewMGMA Stat Poll Results on AI in Healthcare – MGMA.com/StatMedicare UpdateOpioid Addiction and MedicaidConnect with Us:Join the MGMA Stat poll by texting “STAT” to 33550 or visiting MGMA.com/Stat to participate in weekly polls and have your voice heard in shaping healthcare insights.Closing Notes:Thank you for tuning in to this episode of MGMA Week in Review. As Daniel reminds us, “Just vote. Your votes do count.” Remember to stay engaged, stay informed, and make your voice heard, both in healthcare and beyond. NHAAre you facing the challenge of healthcare workforce shortages? The National Healthcareer Association (NHA) is here to help. NHA empowers individuals and organizations by offering nationally accredited certifications and innovative solutions to address critical staffing gaps. Whether you're a healthcare employer looking to upskill your team or a professional seeking advancement, NHA's comprehensive resources can provide the support you need to thrive in today’s fast-paced healthcare environment. Visit www.nhanow.com to learn how NHA can help you build a stronger, more capable workforce.AvodahMedRunning a busy medical practice? Nsight, Powered by AvodahMed, is an ambient AI transcription solution that offers unparalleled support for SOAP and clinical notes, and symptom tracking, greatly improving chart closure rates with features such as one-click functionality to send provider notes directly into EMRs and the ability to maximize revenue potential through precise E&M time complexity. Focus on your patients, not the keyboard. Visit AvodahMed.com to schedule a demo and experience the future of clinical efficiency!"
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    17 mins

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