MGMA Week in Review: Budgeting Your Practice, Physician Onboarding, and Work-Life Balance
Download MP3In this episode of the MGMA Week in Review podcast, your hosts Daniel Williams and Colleen Luckett dive into some of the most pressing issues in healthcare today. Topics include how immigration reform could alleviate healthcare staffing shortages, strategies for successful physician onboarding, United Healthcare's new Gold Card program for streamlining prior authorizations, and advice on work-life balance for workaholics.
Key Takeaways:
- Healthcare Staffing Shortages: Colleen discusses an article from HealthExec highlighting how immigration policy reforms could help address physician shortages in the U.S. Attorney Kathleen Campbell Walker advocates for expanding visa caps and streamlining immigration processes to meet healthcare demand.
- Intentional Onboarding for Physicians: Daniel shares insights from Medical Economics authors Tara Osseck and Jenny Binner on the importance of a structured onboarding process for physicians. Personalizing the onboarding experience can significantly improve retention and job satisfaction.
- United Healthcare's Gold Card Program: Colleen introduces the MedPage Today article detailing United Healthcare's Gold Card program launching on October 1st. This initiative aims to reduce administrative burdens by simplifying the prior authorization process for qualifying providers.
- Work-Life Balance for Workaholics: Daniel discusses Malissa Clark’s article from Harvard Business Review about reclaiming life from workaholism. Clark offers strategies such as setting boundaries, re-engaging with hobbies, and practicing mindfulness.
- MGMA Stat Poll: Colleen wraps up with the latest MGMA Stat Poll on compensation budgeting for 2025. The poll shows trends for salary increases, with many practices planning cost-of-living adjustments for medical assistants, nurse practitioners, and front desk staff.
Resources Mentioned:
- Immigration Reform Article - HealthExec
- Physician Onboarding Article - Medical Economics
- United Healthcare Gold Card Program - MedPage Today
- Workaholism Article - Harvard Business Review
- Sign up for MGMA Stat Polling
- MGMA DataDive Report
- MGMA Leaders Conference
- Free Onboarding Webinar
Connect with MGMA:
- Visit our website: MGMA.com
- Follow us on LinkedIn: MGMA LinkedIn
- Follow us on Twitter: @MGMA
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MGMA Analytics
In the ever-changing world of healthcare, it's important to leverage data to make informed decisions and quick adjustments to your business, especially regarding your revenue cycle strategy and operations. MGMA Analytics is an advanced cloud-based analytics tool that delivers immediate access to real-time business insights derived from your internal financial, operational and telehealth data, which you can use to keep your practice running at optimal performance. Visit https://www.mgma.com/analytics to learn more.
This podcast is brought to you by ZOLL Data Systems software and data solutions for healthcare financial professionals. ZOLL A-R Boost is the comprehensive, automated R-C-M optimization solution suite that automatically finds, corrects, and verifies patient and payer information to capture more revenue, reduce administrative burden, and improve the patient financial experience. The #1 Black Book rated Insurance Discovery tool can discover active, billable coverage for more than 40% of claims. Visit www.ZOLLData.com/A-R Boost to learn about the complete solution suite.
MGMA Analytics
In the ever-changing world of healthcare, it's important to leverage data to make informed decisions and quick adjustments to your business, especially regarding your revenue cycle strategy and operations. MGMA Analytics is an advanced cloud-based analytics tool that delivers immediate access to real-time business insights derived from your internal financial, operational and telehealth data, which you can use to keep your practice running at optimal performance. Visit https://www.mgma.com/analytics to learn more.
