|Mar. 25, 2014|
Only four days remain to win a chance to attend the Radiology Summit free!
Update your profile by this Friday, March 28, for a chance to win a free conference registration! For 10 minutes of your time, you could be rewarded with a registration worth $760! Not a bad return on your investment. Please participate.
Rules: Promotion is for RBMA members only. Members must completely fill out all incomplete fields (except changing username/password) to qualify. Any new members joining in March who update their profile online will also be entered to win. RBMA corporate primary members only need to update their personal profile (not company profile or Buyers Guide) in order to qualify. The lucky winner will be drawn on March 31, 2014, and notified via email.
Edit your profile now to enter!
Please direct any questions or concerns to firstname.lastname@example.org.More
Future trends relating to payment polices will be revealed at the Radiology Summit
Join Maurine Dennis, MPH, MBA, and Richard White, JD, for their session, Radiology Economics, Capitol Hill and Advocacy Update, where they will discuss current economic issues as well as payor interactions, coding and the latest regulatory and legislative updates impacting imaging reimbursement.
This session will be offered twice during the conference.
RBMA mini-Survey: Alternative Payment Models
RBMA is conducting a mini-Survey that collects information on the prevalence of radiology practices participating in accountable care organizations and other alternative payment models, characteristics of these organizations and models, and trends of these models.
Anonymous results of this survey will be presented during the RBMA 2014 Radiology Summit in Charlotte, N.C. If your practice is participating, or investigating participation, in an ACO or other integrated delivery system model, we would also like to talk to you! The last question collects contact information for respondents who are willing to share details of their ACO/APM experience with the faculty for this presentation.
The survey is anonymous, and confidentiality of your response is assured. Only aggregated results will be reported.
Please click here to access the questionnaire, and here to download a glossary for this mini-Survey.
The mini-Survey will be open for participation until April 4.More
vRad Education Scholarships to RBMA Radiology Summit awarded
It gives us great pleasure to announce the two vRad Education Scholarship recipients to attend the RBMA 2014 Radiology Summit, May 4-7 in Charlotte, N.C.:
Arkansas radiology group selects Zotec Partners for radiology billing
Zotec Partners, an industry-leading provider of radiology billing and practice management services, has been awarded an exclusive billing contract with Radiology Associates, P.A. (RAPA) in Little Rock, Ark.More
Why this is radiology's moment
There are certain times in every market life cycle that are defined by the decisions and actions of certain visionaries who not only see where their profession is headed, but can find ways to be in the lead as the rest of the pack plays catch-up and waits for stronger signals or more certainty.More
Researchers link ICD-10 shift to financial losses
The transition from ICD-9 to ICD-10 coding led to significant information loss at one oncology clinic, says a researcher who found that 39 ICD-9-CM codes with information loss accounted for 2.9 percent of total Medicaid reimbursements and 5.3 percent of the organization's billing charges.More
Why I won't collect deductibles, coinsurance at time of service
Physicians Practice (registration required)
I am currently overwhelmed with the reprocessing of claims that are well over a year old. I'm not going to name the insurance companies that are currently causing me pain; the truth is all the payors do things like this from time to time, so it wouldn't be professional to single a few out for something they have all been guilty of. More
Progress made in patient privacy, but criminal attacks increasing
By Pamela Lewis Dolan
The number of data breaches has declined slightly over the past year. But the state of patient privacy and data protection is not good, according to the Fourth Annual Benchmark Study on Patient Privacy and Data Security. Data breaches cost healthcare organizations an average of $2 million over a two-year period, according to the survey. This is down from $2.4 million a year ago. While employee negligence is responsible for the largest number of breach incidents, the number of breaches caused by malicious attacks has increased 100 percent over the past four years.More
Study finds overutilization of imaging for headache in US
Aunt Minnie (registration required)
Despite guidelines to control the use of CT and MRI for headaches and migraines, neuroimaging procedures are overused and cost an estimated $3.9 billion between 2007 and 2010, according to a study published online in JAMA Internal Medicine. Neuroimaging was ordered for 12 percent of outpatient headache visits over the four-year period and accounted for approximately $1 billion a year in healthcare costs, researchers found.More
How to best leverage advisors for your practice: Part II
By David B. Mandell, JD, MBA
Savvy radiology practice owners typically expand by adding employees, making additional investments, and moving into ancillary activities on which they can bill. These additional steps to increase profitability also increase the complexity of their practices — and for the owners, their personal financial planning. This complexity necessitates a team of advisors for assistance. In part I of this article, I discussed why a successful practice needs a team of knowledgeable and diverse advisors. Here, I will explain the roles of three key outside advisors who may impact the financials and protection of the practice.More
7 signs it's time to switch EHRs
Physicians Practice (registration required)
Nothing is worse than being stuck with a crucial piece of software in your medical practice that you absolutely hate. A Black Book Rankings report found that 35 percent of medical professionals report being unsatisfied with their current system and nearly one in three medical providers want to switch. If you're on the fence about finding a new EHR system, here are seven signs that it's time to look elsewhere.More
2-year cost analysis favors SPECT for CAD testing
SPECT emerged as the winner in a head-to-head comparison of cost outcomes for patients evaluated for coronary artery disease after a two-year follow-up. The cost of subsequent invasive procedures made rivals PET and coronary computed tomography angiography more expensive. The analysis was published in the Journal of the American College of Cardiology.More