MGMA Week in Review: Addressing Mental Health Costs, Nurse Recruitment Strategies, and Preventing Physician Burnout
Download MP3In this MGMA Week in Review podcast episode, Daniel Williams and Colleen Luckett discuss the shocking costs of ignoring mental health issues, strategies medical groups use to recruit nurses, and ways to prevent physician burnout through mindfulness and partnerships.
Key Takeaways and Resources:
(Healthcare Finance News) - Colleen shares a recent analysis projecting that avoidable healthcare costs from mental health inequities could reach $1.3 trillion by 2040.
(Harvard Business Review) - Leaders can improve decision-making by embracing diverse questioning techniques.
(MGMA Stat) - Despite challenges, medical groups have increased clinician productivity and compensation by 4-6% through strategies like extended hours and increased telehealth usage.
(MedPage Today)—Despite numerous challenges, medical practices' resilience and adaptability have led to increased productivity and compensation.
(Medical Economics) - Preventing burnout includes mindfulness practices, congressional support for the Dr. Lorna Breen Health Care Protection Act, and applying the NIOSH Impact Wellbeing Guide within organizations.
MGMA Resources:
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 the member spotlight podcast. Email us at dwilliams@mgma.com or cluckett@mgma.com. If you have a question for our senior advisor, Cristy Good, email advisor@mgma.com.
NHA
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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!"
