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Practices find that preparing for new payment models with insurers, the uncertainty of Medicare reimbursement rates and the difficulty in collecting from self-pay, high deductible patients are top challenges in annual survey.
Physician executives say that dealing with rising operating costs and preparing for new payment models that put more financial risk on their practice are the top challenges they face in running a group practice, according to the latest MGMA-ACMPE survey released Tuesday.
A new report finds that the uncertainty caused by a congressional history of last-minute reprieves from Medicare sustainable growth rate (SGR) payment cuts has held back physician practices from participating in new Medicare payment and delivery models.
As Medical Group Management Association president Susan Turney prepares for the group's annual conference in San Antonio on October 21-24, she took time out to discuss the biggest financial and IT challenges currently facing the healthcare industry.
Susan Turney, MD, took the helm as president and CEO of the Medical Group Management Association one year ago on Oct. 12, succeeding William Jessee, MD, who retired after 12 years.
The Medical Group Management Association and the American College of Medical Practice Executives are merging, announced the two organizations Tuesday during MGMA’s conference in Las Vegas.
Compensation for practice management professionals has remained static since last year, according to the Medical Group Management Association.
William F. Jessee, MD, president and chief executive officer of the Medical Group Management Association (MGMA), has announced that he will retire in the fall of 2011.
