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 Clarkâs 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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Are your patients concerned about out-of-pocket costs? Is your practice looking for a way to help address those concerns and improve the patient experience? Then, you may want to consider offering the CareCredit credit card as a payment option. For over thirty-five years, CareCredit, a Synchrony solution, has been offering patients a way to pay for health and wellness expenses not covered by insurance. CareCredit can seamlessly integrate with your business and offer a valuable financing option for your patients so they can pay for services or products over time to help fit their budget. To learn more about how CareCredit works for you and your patients, visit www.carecredit.com/mgmapodcast.
NextGen
Looking to transform your healthcare practice with AI? NextGen Healthcare is leading the way by leveraging artificial intelligence. It is helping practices improve efficiency, streamline workflows, and enhance patient outcomes. From predictive analytics to automating routine tasks, NextGen Healthcare's AI solutions are revolutionizing the delivery of care. Don't miss out on the future of healthcare innovation. Visit https://www.nextgen.com/ today to learn how NextGen Healthcare can help you drive efficiency and elevate patient care.
