Aug. 21, 2012

Hospital-focused radiology business courses offered at the Fall Educational Conference
RBMA has collaborated with AHRA to present an expanded program of courses that focus on the hospital radiology department. As more and more practices and hospitals become a blended entity, it is crucial to gain an understanding of the strategy and structure of both radiology settings.

The following courses will be offered at the Fall Educational Conference:

Register today to attend!

Fall Educational Conference
Oct. 7-10
Sheraton Wild Horse Pass Resort & Spa
Chandler, Ariz.

Click here for details.More

Scholarships still available for the Fall Educational Conference
Virtual Radiologic (vRad), a technology-enabled national radiology practice, has partnered with the Radiology Business Management Association to provide RBMA members additional educational opportunities within the field of radiology.

There are currently two more $1,500 scholarships to be awarded to RBMA members who have not attended an RBMA conference in the past five years. The scholarships will cover registration fees and other costs qualified applicants incur for attending the meeting.

Submit your application by Aug. 31 to be considered for the RBMA Fall Educational Conference.

Click here for details.More

The ACR-RBMA Forum is worth your time and your money. Here's why.
The faculty chairs had this to say about the third annual ACR-RBMA Forum: New Strategies for Business and Clinical Leaders in Radiology:

"Diagnostic imaging in America is under attack. These crises are unprecedented. Radiologists and practice administrators need cutting edge information in order to succeed."
— Frank J. Lexa, MD, MBA

"We are in a time of almost unprecedented change for the industry. As we move toward Accountable Care in some form or another, Radiology must find the means through which they can provide input and feedback for the most appropriate level and type of imaging even if the service is provided outside their realm of care. All of this will require strong leadership teams of Physician/Administrator dyads. It is through meetings such as the ACR-RBMA Forum that individuals are capable of gaining the knowledge necessary to bring this about."
— Keith Chew, MHA, CMPE

Join Dr. Lexa, Mr. Chew and an expert group of faculty members for two days of intense strategizing and learning.

New Strategies for Business and Clinical Leaders in Radiology

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

Click here for more information.More

Preparing radiology for ICD-10-CM: Mission-critical documentation & training
Accurate coding and full payment hinge on physician involvement. As much as 80 percent of the documentation currently submitted by radiologists would not support the assignment of diagnostic codes under ICD-10. The bottom line — 80 percent of claims might not be paid. MedLearn is devoting a full webcast seminar, third in a series, to this vitally important topic. This session is specifically targeted to radiologists and all support staff who play a role in physician documentation. Highlights:

RBMA Members will receive a discount of 10 percent off of individual sessions. Click here to find out how to apply for the discounted rate. More

Find out about radiology business news for your state
RBMA Chapters keep members informed of radiology business events at the state level. The following states have active chapters: Arkansas, California, Colorado, Florida, Georgia, Kentucky, Michigan, NorthEast, Ohio, Oklahoma, Oregon, Tennessee, Texas, Wisconsin and Washington.

If a chapter does not exist in your state, consider starting one. The following states have a large number of members and the most potential for a chapter: Arizona, Indiana, North Carolina and Virginia.

Click here for more information on existing chapters or email membership@rbma.org if you would like more information on how to start a chapter in your state.More

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

DANTOM Systems and PSC Info Group merge to form Revspring
PSC Info Group
Compass Investment Partners Fund, L.P., a middle market private equity fund focused on the Business Information and Outsourced Services sector, has completed the acquisition of PSC Info Group, a leading national provider of innovative, technology-enabled solutions and revenue acceleration tools that streamline the collection of consumer payments. PSC will be combined with DANTOM Systems (a Compass Investment Partners portfolio company), a leading provider of outsourced document management services and customized data solutions to the accounts receivable management and RCM markets.More

Merge Healthcare sees traction in client adoption of subscription-based models
Merge Healthcare
Merge Healthcare Incorporated, a leading provider of clinical systems and innovations that seek to transform healthcare, announced several new additions to its growing list of clients who have selected to utilize a Merge solution via a subscription-based model.More

AHRA: Foreseeing radiology's future — 8 trends to watch
Aunt Minnie (registration required)
Radiology is undergoing a major shift in how it is practiced. In this rapidly changing healthcare environment, radiologists need to closely watch the emerging trends that are influencing their field, according to a presentation by Dr. Lawrence Muroff at the AHRA 2012 meeting in Orlando, Fla. Not only is the job market tightening, reimbursement rates are declining and nontraditional competitors to radiology groups are entering the fray. More

FAQ: Decoding the $716 billion In Medicare reductions
Kaiser Health News
The structure and financing of Medicare, the federal health insurance program that serves seniors and the disabled, has become a defining issue in the presidential and congressional campaigns since GOP presidential candidate Mitt Romney picked as his running mate Rep. Paul Ryan. KHN's Mary Agnes Carey answers some frequently asked questions about the numbers and policy surrounding the Medicare debate.More

Montana Interventional lawsuit could be harbinger of things to come
Imaging Biz
Is the widely reported lawsuit pitting Montana Interventional and Diagnostic Radiology Specialists against St. Peter's Hospital another sign of a particularly litigious future for radiology? As hospitals continue to opt for exclusive contracts, Mark F. Weiss, JD, believes the answer may indeed be yes. More

Healthcare cost growth steamrolls CPI
Health Leaders Media
The average per capita cost of healthcare services grew at more than three times the rate of overall inflation for the 12-month period that ended in June, with the cost of services covered by commercial health plans growing four times faster than those of Medicare, new data shows. Standard & Poor's Healthcare Economic Indices show that per capita cost growth covered by commercial insurance and Medicare programs increased by 5.78 percent over the 12 months ending June. More

How 1 organization cut costs with software as a service
Diagnostic Imaging (registration required)
Jason Newmark was in a bind. His organization, the Baystate Health System in Springfield, Mass., was relying in a single trained technologist for all their CT 3-D reconstructions. As their volumes had gone up, they had invested in the hardware, software and training for the reconstructions. But when they discovered that single technologist was guilty of a major HIPAA violation, they were suddenly without someone to do the reconstructions. More

Romney campaign keeping debate over Medicare on center stage
The Hill
It's supposed to be the Democrats' signature issue, but Medicare has risen to the forefront of this year's presidential race — largely because Mitt Romney's campaign has put it there. On the Sunday political shows, surrogates for the GOP presidential hopeful amplified their attacks on President Obama's Medicare plans, saying the Democrats' reforms will gut the popular seniors program, leaving it up to Republicans to save it. More