MGMA Week in Review: Engaging the Next Generation in Healthcare and Navigating Practice Transitions
Download MP3Welcome to the MGMA Week in Review podcast. Hosted by Daniel Williams, Senior Editor at MGMA, along with co-host Colleen Luckett, Editor and Writer at MGMA. This episode covers the latest healthcare news and trends, including innovative ways to attract younger generations to healthcare careers, essential tips for transitioning practice ownership, and updates on significant industry events. Let's dive in!
Key Takeaways
Key Takeaways
- Key insights from the Health Impact Forum on making healthcare careers appealing to younger generations.
- Emphasis on virtual technologies, tech-savvy work environments, and work-life balance initiatives.
2. Preparing for Practice Ownership Transitions (08:52 - 12:09)
- Emphasis on virtual technologies, tech-savvy work environments, and work-life balance initiatives.
2. Preparing for Practice Ownership Transitions (08:52 - 12:09)
- Steps for planning smooth transitions in practice ownership.
- Highlighting the importance of valuing your practice accurately, maintaining clear communication, and seeking legal advice.
3. Updates on Healthcare Data Breach (12:10 - 14:50)
- Latest information on the Change Healthcare cyber attack and the Biden administration’s response.
- Details on the extended grace period for out-of-network billing arbitration and the closure of the CMS advanced payments program.
4. Lessons from Young Leaders in Healthcare (14:51 - 19:56)
- Insights from a 24-year-old CEO’s experience in hospital management, as featured in Becker’s Hospital Review.
- Importance of adaptability, communication, mentorship, and continuous learning in leadership roles.
5. MGMA Stat Poll Results (19:57 - 24:15)
- Analysis of the latest MGMA Stat Poll results, showing increased interest in adding Advanced Practice Provider (APP) roles in 2024.
- Significance of APPs in expanding access to care and innovative staffing solutions for practices.
Direct Links to Resources Mentioned:
1. How to Turn Healthcare into a Cool Career - Health Leaders
2. Gen Z Slang - Wikipedia
- Highlighting the importance of valuing your practice accurately, maintaining clear communication, and seeking legal advice.
3. Updates on Healthcare Data Breach (12:10 - 14:50)
- Latest information on the Change Healthcare cyber attack and the Biden administration’s response.
- Details on the extended grace period for out-of-network billing arbitration and the closure of the CMS advanced payments program.
4. Lessons from Young Leaders in Healthcare (14:51 - 19:56)
- Insights from a 24-year-old CEO’s experience in hospital management, as featured in Becker’s Hospital Review.
- Importance of adaptability, communication, mentorship, and continuous learning in leadership roles.
5. MGMA Stat Poll Results (19:57 - 24:15)
- Analysis of the latest MGMA Stat Poll results, showing increased interest in adding Advanced Practice Provider (APP) roles in 2024.
- Significance of APPs in expanding access to care and innovative staffing solutions for practices.
Direct Links to Resources Mentioned:
1. How to Turn Healthcare into a Cool Career - Health Leaders
2. Gen Z Slang - Wikipedia
3. Navigating Ownership Transitions: A Guide for Private Medical Practices - Medical Economics
4. Change Healthcare Cyber Attack Updates - Healthcare Dive and Reuters
5. What a 24-Year-Old CEO Has Learned Two Years In - Becker’s Hospital Review
6. MGMA Stat Poll Results
We Want to Hear From You:
4. Change Healthcare Cyber Attack Updates - Healthcare Dive and Reuters
5. What a 24-Year-Old CEO Has Learned Two Years In - Becker’s Hospital Review
6. MGMA Stat Poll Results
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!
Podcast Sponsor CareCredit
Are you considering financing solutions to help your patients pay for their healthcare cost? But aren't sure where to start. Synchrony is here to help with the CareCredit credit card. For over 35 years, CareCredit has been connecting patients with financing solutions to pay for the care they want or need in a way that helps fit their budget.
When patients use CareCredit, providers get paid within two business days to learn more about how synchronize CareCredit card. To learn more about how Synchrony CareCredit Card can support you and your patients, visit carecredit.com/mgmapodcast.
Podcast Sponsor MGMA Analytics
Are you making decisions based on gut instinct—or on real data?
With MGMA Analytics, you get the benchmarking and business intelligence tools to drive smarter strategies.
From provider compensation to operational costs, MGMA Analytics gives you access to the most trusted data in the industry.
So whether you’re adjusting staffing, setting salaries, or planning for growth, make your next move with confidence.
Visit MGMA Analytics to learn more.
Are you considering financing solutions to help your patients pay for their healthcare cost? But aren't sure where to start. Synchrony is here to help with the CareCredit credit card. For over 35 years, CareCredit has been connecting patients with financing solutions to pay for the care they want or need in a way that helps fit their budget.
When patients use CareCredit, providers get paid within two business days to learn more about how synchronize CareCredit card. To learn more about how Synchrony CareCredit Card can support you and your patients, visit carecredit.com/mgmapodcast.
Podcast Sponsor MGMA Analytics
Are you making decisions based on gut instinct—or on real data?
With MGMA Analytics, you get the benchmarking and business intelligence tools to drive smarter strategies.
From provider compensation to operational costs, MGMA Analytics gives you access to the most trusted data in the industry.
So whether you’re adjusting staffing, setting salaries, or planning for growth, make your next move with confidence.
Visit MGMA Analytics to learn more.
