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!"
