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MGMA Week in Review: Telehealth Policy Updates, Caregiver Advocacy, and RCM Trends

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Manage episode 451429574 series 1260959
Content provided by MGMA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MGMA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Welcome to this week's MGMA Week in Review podcast, hosted by Daniel Williams and Colleen Luckett. This episode dives into timely healthcare topics, including updates on telehealth policies, the value of family caregivers, trends in revenue cycle management (RCM), outpatient time burdens, and policy changes affecting the uninsured. Stay tuned for insightful discussions and direct links to resources.

Key Points Discussed:

  1. Telehealth Extension
    • Federal approval of a one-year extension for telehealth prescriptions of controlled substances such as OxyContin and Xanax.
    • Advocacy efforts by MGMA and other groups stress the importance of sustainable, long-term telehealth policies.
    • Remaining pandemic-era telehealth waivers and the legislative push for two- to five-year extensions.
  2. The Role of Family Caregivers in Healthcare
    • Family caregivers contribute over $600 billion in unpaid care annually.
    • Challenges include burnout, stress, and insufficient support.
    • Advocacy for treating caregivers as integral members of the healthcare team to enhance patient outcomes and align with value-based care principles.
  3. Revenue Cycle Management (RCM) Trends
    • Insights from MGMA’s stat poll showing limited plans for RCM outsourcing or automation in 2025.
    • Highlighted strategies for improving partnerships with RCM vendors, leveraging AI tools, and focusing on clear KPIs for financial success.
    • Upcoming MGMA Demo Day on December 12 for exploring innovative RCM solutions.
  4. Outpatient Time Burden
    • Findings from a JAMA article revealing the extensive time required for outpatient encounters beyond face-to-face visits.
    • Recommendations include workflow redesign, delegation of tasks, and use of technology like patient portals to improve efficiency and reduce burnout.
  5. ACA Subsidy Expiration Concerns
    • Potential impact of expiring Affordable Care Act subsidies, potentially leaving 4 million people uninsured.
    • Disproportionate effects on Black and Hispanic communities, with enrollment drops particularly in states without Medicaid expansion.
    • A call for policy changes to prevent coverage gaps.

Direct Links to Resources:


MGMA BestPrice Official Podcast Sponsor
Inflation is squeezing medical practice budgets, but as the exclusive GPO of MGMA members, we can help your practice save up to 20% on medical and non-medical supplies without sacrificing quality. MGMA BestPrice is your secret weapon to combat rising costs, maintain margins and deliver exceptional patient care. It is a FREE member benefit leveraging HealthTrust’s contract portfolio to connect you with the most aggressive pricing in the industry for medical and surgical supplies, pharmaceuticals, vaccines and purchased services. Visit mgmabestprice.org today to learn how MGMA BestPrice can help your medical practice save money on supplies you already buy

  continue reading

659 episoade

Artwork
iconDistribuie
 
Manage episode 451429574 series 1260959
Content provided by MGMA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MGMA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Welcome to this week's MGMA Week in Review podcast, hosted by Daniel Williams and Colleen Luckett. This episode dives into timely healthcare topics, including updates on telehealth policies, the value of family caregivers, trends in revenue cycle management (RCM), outpatient time burdens, and policy changes affecting the uninsured. Stay tuned for insightful discussions and direct links to resources.

Key Points Discussed:

  1. Telehealth Extension
    • Federal approval of a one-year extension for telehealth prescriptions of controlled substances such as OxyContin and Xanax.
    • Advocacy efforts by MGMA and other groups stress the importance of sustainable, long-term telehealth policies.
    • Remaining pandemic-era telehealth waivers and the legislative push for two- to five-year extensions.
  2. The Role of Family Caregivers in Healthcare
    • Family caregivers contribute over $600 billion in unpaid care annually.
    • Challenges include burnout, stress, and insufficient support.
    • Advocacy for treating caregivers as integral members of the healthcare team to enhance patient outcomes and align with value-based care principles.
  3. Revenue Cycle Management (RCM) Trends
    • Insights from MGMA’s stat poll showing limited plans for RCM outsourcing or automation in 2025.
    • Highlighted strategies for improving partnerships with RCM vendors, leveraging AI tools, and focusing on clear KPIs for financial success.
    • Upcoming MGMA Demo Day on December 12 for exploring innovative RCM solutions.
  4. Outpatient Time Burden
    • Findings from a JAMA article revealing the extensive time required for outpatient encounters beyond face-to-face visits.
    • Recommendations include workflow redesign, delegation of tasks, and use of technology like patient portals to improve efficiency and reduce burnout.
  5. ACA Subsidy Expiration Concerns
    • Potential impact of expiring Affordable Care Act subsidies, potentially leaving 4 million people uninsured.
    • Disproportionate effects on Black and Hispanic communities, with enrollment drops particularly in states without Medicaid expansion.
    • A call for policy changes to prevent coverage gaps.

Direct Links to Resources:


MGMA BestPrice Official Podcast Sponsor
Inflation is squeezing medical practice budgets, but as the exclusive GPO of MGMA members, we can help your practice save up to 20% on medical and non-medical supplies without sacrificing quality. MGMA BestPrice is your secret weapon to combat rising costs, maintain margins and deliver exceptional patient care. It is a FREE member benefit leveraging HealthTrust’s contract portfolio to connect you with the most aggressive pricing in the industry for medical and surgical supplies, pharmaceuticals, vaccines and purchased services. Visit mgmabestprice.org today to learn how MGMA BestPrice can help your medical practice save money on supplies you already buy

  continue reading

659 episoade

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