|Jul. 23, 2013|
Question of the week
How does your practice handle self-pay patient billing and collections?
Click here to take the poll.
Click here to see the results from the last Hot Topics poll: How has your imaging volume changed from the first half of 2012 to the first half of 2013, and to what factors do you attribute that change?
Click here to access the Hot Topics archives.More
RBMA member benefit: Advocacy
We get it, so you GET it! RBMA knows its members operate in a highly regulated field of healthcare and therefore provides you with timely updates from private payors, Capitol Hill and the regulatory branches of the federal government via our e-Alerts. An e-Alert is a broadcast email message delivered to members (unless you have previously opted out) with breaking news and updates on RBMA's advocacy efforts. To view past e-Alerts, visit our website.
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 us at firstname.lastname@example.org.More
Dive deep into Microsoft Excel's PivotTable feature at the Fall Educational Conference
During a new two-hour session format on Wednesday, Sept. 11, attendees will learn how to analyze and consolidate large amounts of data to quickly extract critical knowledge using Microsoft Excel's PivotTable. Learn how to use PivotTables in a medical practice setting to better track collections, analyze reimbursement, collect accounts receivable and more during Nate Moore's presentation of Carving Up and Drilling Down: Using Microsoft Excel's PivotTable Feature to Analyze a Practice's Revenue Cycle.*
*Please note that attendees are required to bring a laptop or other device to this session.
Register to attend this and more today!
RBMA's Interventional Radiology Coding Course will be held in October
This two-day intensive course will be held as a new standalone seminar. This course is designed as part lecture and part hands-on coding workshop. At the conclusion of this seminar, the attendee will be able to:
Curious about DataMAXX? Join us for an informative webinar
DataMaxx is RBMA's innovative new members-only practice analytic solution that takes benchmarking to new levels through the combination of your practice's information and state-of-the art technology and user-defined query protocols.
To see how it works and how it can benefit your practice, please register today to attend a free online demo!
RVU surveys planned this summer
RBMA members should be aware of two upcoming relative value unit related surveys of significant importance. The first survey is being conducted by the ACR under the auspices of the AMA's RVS Update Committee and measures the physician work associated with 12 codes for dual energy x-ray absorptiometry, CTA and ultrasound. In the second survey, the Department of Health and Human Services' Assistant Secretary for Planning and Evaluation is required by the Accountable Care Act to validate the RVUs associated with select CT, MRI, mammography, ultrasound and plain x-ray procedures. The Urban Institute, ASPE's contractor for the survey, will be collecting data on physician time associated with these procedures. If your radiologists receive either survey, please encourage their participation because a large response is needed to help ensure reliable information is obtained. Please contact Stephanie Le, ACR staff, at email@example.com or 800.227.5463, ext. 4584, if you have any questions.More
Calendar of events
Click here for this week's RBMA calendar of events.More
Zotec Partners takes over billing for United Imaging Consultants, LLC and Kansas City Imaging Center, LLC
Zotec Partners, an industry leading provider of specialized medical billing and practice management services for the hospital-based specialty market, announces that United Imaging Consultants, LLC, out of Mission, Kan., and Kansas City Imaging Center, LLC, out of Kansas City, Kan., are now outsourcing billing to the company. The groups are shifting from handling billing in-house to outsourcing to the experts.More
Why EHRs don't lower total healthcare costs
The use of electronic health records by ambulatory care practices in three Massachusetts communities resulted in a significant reduction in costs compared to control practices, says a new study in the Annals of Internal Medicine. However, the study also found that the total cost of care continued to rise in both groups of practices. In 2006, the practices in the three communities received EHRs and training funded by Blue Cross and Blue Shield of Massachusetts.More
Easy tips to ensure your practice gets paid on time — and in total — for treatment
By Jan Keller
In the current economic environment, the collection of accounts receivable becomes more of a challenge each day. There are several easy steps to take, however, that can help. This article takes a look at a few that you can implement easily and quickly in your practice.More
Who should do your radiology billing?
Aunt Minnie (registration required)
When it comes to medical billing, there are two options: in-house billing and outsourced billing. The question is which one is right for your specific radiology group. With reimbursement shrinking, radiologists must weigh the pros and cons of both options.More
Cuts on top of cuts: 2014 Medicare rates slash CT, MR payments
Aunt Minnie (registration required)
One of the nuggets found in the recently proposed 2014 Medicare payment rates for hospitals is a change that would slash reimbursement for the technical component of CT and MRI scans by as much as 38 percent and 19 percent, respectively. Radiology advocates are rushing to protest the proposed cuts, which they believe are based on a flawed analysis of the costs involved in delivering imaging services. More
8 things you need to know now about ICD-10
By Charlotte Bohnett
The United States is the last country in the world with modern healthcare to adopt ICD-10 diagnosis codes, but it will join the crowd on Oct. 1, 2014. This massive ICD-10 change is quickly approaching, and it affects all of us in the healthcare field. Thus, there is no time like the present to start your ICD-10 education. Here are the eight things you need to know now about ICD-10.More
Survey: Radiologist compensation not keeping up with inflation
Pay went up slightly for radiologists last year, but not quite enough to keep up with inflation. The latest numbers from the Modern Healthcare Physician Compensation Survey revealed a 0.6 percent jump for imaging professionals. The figure was offset by a consumer price index inflation estimate of 1.7 percent. Radiology sat in the same boat with oncology, radiation oncology, gastroenterology and pathology — all specialties with increases below inflation. More
Affordable Care Act: ACOs are slow, but radiology must prepare
Diagnostic Imaging (registration required)
The nationwide launch of the accountable care organization model is less than six months away, and several facilities across the country are already experimenting with the concept. For the most part, though, this proposed care-and-payment healthcare structure has not yet come to radiology. Designed to control healthcare expenditures by requiring providers to collaborate on patient care — while asking them to split a lump-sum reimbursement payment — ACOs are one of the most well-known provisions of the Affordable Care Act. More
Fuzzy math: ED costs estimates don't add up
Recent research has challenged the American College of Emergency Physicians' advocacy positions on pricing and costs, revealing emergency department care to be a larger slice of the overall healthcare spending pie than previously thought, according to an editorial published online in Annals of Emergency Medicine. Whatever the true cost, however, the key issue for EDs moving forward is figuring out how to deliver better care at a lower cost, wrote Ronald B. Low, MD, MS, of New York University and Donald M. Yealy, MD, of the University of Pittsburgh. More