MGMA Week in Review: Valentines Day, Reimbursement Audits, and Heart Health
Download MP3In this episode of the MGMA Week in Review podcast, host Daniel Williams discusses the importance of financial accuracy in healthcare organizations through regular audits of payer payments. He also addresses the challenges faced by women physicians and highlights the role of the MGMA Women's Forum in advancing gender equity in medicine. In recognition of Valentine’s Day, Daniel shares key insights on heart health and practical steps for cardiovascular well-being.
Key Topics Covered:
The Importance of Regular Audits for Accurate Reimbursement
- 47 percent of medical group practice leaders conduct monthly or quarterly audits of payer payments.
- Auditing helps detect underpayments, claim denials, and inconsistencies in reimbursements.
- Suggested actions for healthcare organizations:
- Implement structured audit processes to compare payer remittances with contracted fee schedules.
- Use automated auditing tools in revenue cycle management.
- Conduct retrospective audits of claims to identify patterns of underpayment.
- Read More Here
Advancing Women Physicians in Healthcare
- Women physicians face higher rates of burnout, depression, and suicide compared to their male counterparts.
- Sponsorship and allyship are essential for increasing leadership opportunities and professional recognition.
- The MGMA Women’s Forum provides networking, resources, and support for women in healthcare leadership.
- Join the MGMA Women’s Forum
Heart Health Awareness for Valentine’s Day
- Cardiovascular disease remains the leading cause of death in the United States.
- Simple heart-healthy choices for Valentine’s Day:
- Choose nutritious meal options over heavy, processed foods.
- Opt for dark chocolate, which offers cardiovascular benefits.
- Engage in physical activity such as walking or exercise.
- Learn CPR, a life-saving skill that can make a difference in emergencies.
- Heart Health Tips
Stay Connected
- Subscribe to the MGMA Week in Review podcast for future episodes.
- Join the Conversation: Sign up for MGMA Stat to participate in weekly polls.
- Follow MGMA for the latest insights in medical practice management.
For more information or to suggest a topic, visit MGMA.com.
Host: Daniel Williams
Podcast Website: MGMA Podcasts
Podcast Website: MGMA Podcasts
Podcast Sponsor CareCredit
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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.
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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.
