Jul. 22, 2014

Question of the week
How do you think ICD-10 will affect your practice?
Click here to take the poll.

Click here to see the results from the last Hot Topics poll: Do you use an offshore business process outsourcing (BPO) company and, if so, what services do you use?

Click here to access the Radiology Hot Topics archives.More

RBMA member benefit: Track your CEUs
RBMA members have the ability to track continuing education units on the RBMA website. The CEU tracking module allows you to add the educational program name, date, the type of credit, hours earned, any notes about the program and upload any certificates you may have received. You can upload an unlimited number of programs. At any time you can log in and view or print a list of your CEUs. To get started, click here (you will be prompted to log in).

Thank you for being a valued member of RBMA! We deeply appreciate the feedback and input of our members. Do you have an idea for a benefit we could be providing? Share it with membership@rbma.org.More

The 'Flying Fish' Mongers of Pike Place Market highlight the Fall Educational Conference
The Flying Fish Mongers will demonstrate how a round of fish throwing can motivate and incentivize job satisfaction and company loyalty. Find out what it takes to create an environment where employees are engaged and intent on building a future career for themselves as well as their business.

Register today to attend!

RBMA Fall Educational Conference
Oct. 19-21, 2014
The Westin Seattle
Seattle, Wash.

Click here for details.More

Fall Educational Conference app sponsorship
RBMA's mobile conference app connects you with attendees during the conference. Generate more traffic to your booth, increase your visibility, and promote more interaction between your company and attendees. This unique sponsorship opportunity offers three different participation levels. App sponsors receive visibility through:

For complete details on how to take advantage of this sponsorship opportunity, click here.More

DataMAXX 2.0 is collecting compensation information until Aug. 1
Only two weeks remain to submit your data and be part of the official radiology compensation statistics. By submitting your data, you are helping us create a valid report you can trust and use to compare and benchmark your practice.

DataMAXX 2.0 is the only radiology business tool collecting and reporting on compensation data in the industry. It's free to submit data and run basic reports.

Become a DataMAXX subscriber and start taking steps toward practice improvement today.

Click here to get started.More

Connect with radiologists and practice managers at the ACR-RBMA Forum
The ACR-RBMA Forum is designed for the physician and administrator to attend and learn as a team about how to best manage a practice from the top. A special rate is available for the team registration.

Because the key decision makers are in attendance, exhibitors have an opportunity to target the audience they are seeking over a two-day period. Sponsorships include:

Additional opportunities are available here.

If you are interested in sponsorship, please contact Daphne Gawronski at 703-621-3353 for more information.

ACR-RBMA Forum: Thriving in the New Value Paradigm
Oct. 17-18, 2014
W Seattle Hotel
Seattle, WA 98101

Become an RBMA member for a month
For the month of August, RBMA is offering a selection of FREE members-only benefits to interested potential members! Get a sneak peek at the benefits only available to RBMA members!

Your free one month of membership will include:

Sign up by July 31 and become an RBMA member for a month!More

Find a mentor on MentorMatch
The RBMA Mentor Program was developed to support the RBMA motto, Progress Through Sharing. Any individual looking for advice from experienced peers may request a mentor through MentorMatch. Mentoring may cover issues relating to a practice including but not limited to human resources, equipment, operation, compliance, payor, patient or physician issues.

Find out more about MentorMatch here.More

So you want to pursue radiology group integration
Sparked by the consolidation occurring among hospitals and health systems, radiology practice integration is a way to maintain independence, autonomy and entrepreneurial spirit while gaining new efficiencies and economies of scale.More

Mergers and acquisitions of radiology practices — the deal process: Start to finish
Whether a radiology practice is large or small, the group may be considering entering into a merger or acquisition in the near future based on desire or need. This article will provide an overview of the elements of a typical merger or acquisition transaction for a radiology practice.More

CMS issues its CY 2015 Medicare Physician Fee Schedule proposed rule
The Centers for Medicare & Medicaid Services (CMS) published its Notice of Proposed Rulemaking (NPRM) for the calendar year (CY) 2015 Medicare Physician Fee Schedule (MPFS) in the July 11, 2014, Federal Register.More

IMAGINE Software supports local children's hospital
IMAGINE Software
IMAGINE Software, a leading provider of medical billing solutions, recently hosted a group service project for the children at Novant Health Hemby Children's Hospital.More

New bill would boost colon cancer screening for Medicare
Aunt Minnie (registration required)
New legislation has been introduced that would remove cost barriers to colon cancer screening for Medicare patients. Rep. Charlie Dent (R-PA) and Sen. Sherrod Brown (D-OH) have crafted the Removing Barriers to Colorectal Cancer Screening Act (HR 1070 and S 2348) to offer Medicare beneficiaries the same benefits as those with private insurance, who are not typically required to pay a co-pay for a routine colonoscopy if a polyp is removed during the procedure.More

How medical practices can stay ahead of EHR adoption
Physicians Practice
Physicians Practice has been asking physicians and practice administrators about their use of technology for over a decade. Now, many practices are on a second or third EHR system, and an increasing number use a cloud-storage solution for patient data. Technology expert Derek Kosiorek, a consultant with the Medical Group Management Association, says "We see, especially [in] the healthcare sector, certain timeframes when there is a wave of technology adoption. ... The big upgrade [for practices] was moving to the EHR."More

50 years of health spending in one animated chart
Total spending on healthcare has jumped from $23.4 billion in 1960 to $2.36 trillion dollars in 2012. And the amount of money spent isn't the only thing that's changed — who's paying the bills has, too. Check out a graphic from the California HealthCare Foundation that accompanies their July 2014 report on health spending in the United States.More

Priceless? Worthless? Or clueless?
Diagnostic Imaging (registration required)
By Eric Postal, MD: Every now and then, I'll be talking with someone outside of the healthcare industry, or even within it but external to radiology, and the question will come up: How much does an X-ray cost? An ultrasound? CT? MRI? The most honest and succinct answer I can usually offer is "I don't know." If I know the other individual well enough, I might punctuate this seemingly bizarre ignorance of my own livelihood with a "duh" worthy of Moose from the Archie comics. More

Corporations 101: What you need to know about this standard business entity
By David B. Mandell, JD, MBA, and Jason M. O'Dell, MS, CWM
A corporation is a legal entity owned by shareholders. The shareholders elect a board of directors who set policies for the corporation, allowing their selected officers to run the corporation day-to-day. Many radiology practice owners use a corporation as part of their practice corporate structure — either a professional corporation for the practice or a standard corporation for ancillary business units. In this article, we examine the basics of corporations, with a focus on their asset protection benefits and weaknesses. More

Busy doctors, wasteful spending
The New York Times
Of all the ways to limit healthcare costs, perhaps none is as popular as cutting payments to doctors. In recent years, payment cuts have resulted in a sharp downturn in revenue for many hospitals and private practices. What this has meant for most physicians is that in order to maintain their income, they've had to see more patients. When you reduce the volume of air per breath, the only way to maintain ventilation is to breathe faster.More

Many who signed up don't understand coverage, surprised by high deductibles
Imaging Biz
The Obama administration reports more than eight million people have signed up for health insurance under the new healthcare law, but many of those newly insured are confused. Responses like this are common: "I have my card, now what?" or "I pay my premium, why am I getting a bill?"More