Jun. 12, 2012

New 2012 RBMA members: Use your RBMA bucks before they expire
Every new Active or Second member who joined RBMA for 2012 is eligible to receive the RBMA "Briefcase" that includes the following sample of benefits to use immediately:

Please note that your RBMA Bucks will expire on June 30. To redeem that benefit and use the full $360 toward the Fall Educational Conference order your RBMA Bucks voucher here. Then complete a reservation form for the Fall Educational Conference here. This will ensure that you can apply your $360 RBMA Bucks to the Fall Educational Conference.* Contact membership@rbma.org if you have any questions.

*You will not be obligated for the balance of the registration fee until you complete and submit the official Fall Educational Conference registration form.More

Have you referred a member this quarter?
RBMA counts on our members to help our community of radiology business professionals to grow every year. As part of our Member-Get-A-Member Program, you can earn prizes and even be entered to win a Kindle Fire! The more new members you refer, the more prizes you earn and the better your chances of winning the Kindle Fire. Our next drawing will be July 1.

Refer a new member today!More

Registration for the ACR RBMA Forum is now open
The American College of Radiology (ACR) and the Radiology Business Management Association (RBMA) are pleased to announce the fourth annual combined conference for radiologists and administrators.

ACR RBMA Forum: New Strategies for Business
and Clinical Leaders in Radiology

Oct. 5–7
Sheraton Wild Horse Pass Resort & Spa
Chandler, Ariz.

This leadership program will consist of current topics confronting radiologists and administrators delivered by a dynamic faculty in an innovative and free-flowing atmosphere. The focus will be on the challenges and opportunities presented in these uncertain economic times and the development of strategies and solutions for radiology practices.

Click here to register.More

Calendar of events
Click here for this week's RBMA calendar of events.More

Are your digital assets organized?
Increasingly, most people have adapted their financial lives to the Internet. Receipts and payments of bills, transfers of cash between accounts, financial information and statements delivered electronically, online purchases and sales are everyday occurrences for many people. Cloud computing and backups to the Internet are also common. If you become incapacitated or upon your death, who will have access to this information?More

False Claims Act: Potential liability for independent contractors
A Feb. 8 alert issued by the Office of Inspector General (OIG) of the U.S. Department of Health and Human Services points out important issues under the Federal False Claims Act for any physician or other healthcare provider who "reassigns" his or her right to receive payment to another entity for which the physician provides services as an "independent contractor."More

Valuation of a medical practice or imaging center not an art or a science, but something in between
The valuation of a medical practice or imaging center is a hotly debated topic among practitioners, accountants, appraisers, lenders and brokers. With the current increased activity in buying and selling healthcare businesses, it is vitally important to establish a fair and accurate value for the business.More

What is the Illinois accountant privilege?
Now that the 2012 tax filing season has come to a close and you have received and spent your tax refunds, it is a good time to reflect on what information, if anything, is covered by the Illinois accountant privilege.More

MBMS continues growth in Chicago Land Area
MBMS has recently partnered with Valley Imaging Consultants of Aurora, Ill., to provide the Chicago Land Area practice with superior revenue cycle management and practice management services. Valley Imaging Consultants provides outstanding radiological services to hospitals, imaging centers and their Vein Center in the Fox Valley, as well as the surrounding areas. This forward thinking, cutting edge practice will benefit from MBMS's over 25 years of experience and expertise in the industry.More

Medical billing leader launches new corporate identity and digital presence
HealthPro Medical Billing, Inc.
HealthPro Medical Billing, Inc., an industry leader in medical billing, announced the launch of its re-imagined corporate identity and revamped website. These changes are intended to better communicate the medical billing leader's capabilities and services for current and prospective clients.More

Insight Imaging, CDI announce merger plan
Aunt Minnie (registration required)
Two of the largest imaging services providers in the U.S. announced plans to combine. The investment firm that owns a majority interest in Insight Imaging said that it will acquire the Center for Diagnostic Imaging. The combined firm will operate 116 fixed centers in 25 states and 90 mobile MRI and PET/CT units. The transaction is expected to close in July.More

United Healthcare rolls out new patient price calculator
Imaging Biz
Patient price-shopping has driven headlines throughout 2012. United Healthcare recently contributed to the conversation with the roll-out of its digital procedure cost estimator. Although the initial roll-out is only in 47 cities, the online tool eventually will be accessible to 14 million UnitedHealthcare members, who can use it to comparison shop some 240,000 providers by price or quality rating.More

SIIM: Is MU Stage 2 a win for radiology?
Health Imaging
Since its launch more than two years ago, meaningful use has been plagued by myths. One of the more pervasive, detrimental and long-standing myths is that radiology practices cannot fulfill the criteria, said Arun Krishnaraj, MD, MPH, of Massachusetts General Hospital in Boston, during a session at the annual meeting of the Society for Imaging Informatics in Medicine. Practices can and have met MU. More

Stakes high for consumers, industry as court weighs health law
Kaiser Health News
Since the healthcare law passed two years ago, government, states, insurers, doctors and hospitals have been building a complex scaffolding to extend insurance to 30 million more Americans. A U.S. Supreme Court decision expected later this month could eliminate a key plank — the requirement that nearly everyone obtain insurance. More

Process improvements vital to cost containment
Health Leaders Media
In Health Leaders Media's annual industry survey, healthcare leaders place cost control and process improvement as their third-highest priority for the next three years (behind patient experience and satisfaction, and clinical quality and safety). They also cite labor, government laws and mandates, and information technology as their top healthcare cost drivers. How difficult will it be to be to achieve significant, sustainable spending cuts?More

Make your business intelligence implementation successful
Diagnostic Imaging
More radiology practices and departments are beginning to see the promise and opportunity in business intelligence and data analytics tools. But implementing this software is no easy task. A panel of vendor experts speaking at SIIM 2012 offered some sage advice to users considering a BI project. First, know your data, said Matt McLenon, CEO of Softek Inc. More