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IN THIS ISSUE ...

Making Headlines at AAOE this week…
  • Overhead or Compensation: What’s the Difference?
  • Meeting Torture Technique: Rediscussing Issues
  • Complete your AAOE Benchmarking Survey by June 1 for the chance to win...


  • Advocacy Update
  • State Issue Preview


  • Calendar of Events
  • Calendar


  • Keeping up with Conference
  • Call for 2016 Annual Conference Speakers!
  • Industry Partner Opportunities
  • Annual Conference Speaker Recap: Bill Pupkis


  • Leadership Quote of the Week
  • Leadership Quote of the Week


  • Leadership in the Limelight
  • Advocacy Council Member: Joseph Mathews


  • Within Your Practice Walls
  • Work-life balance in healthcare: Realign your priorities
  • AHA raises concerns about interoperability provisions in 21st Century Cures Act
  • 10 questions to ask payers today about ICD-10
  • MU hardship exception deadline is July 1
  • Don't overlook risks from automatic data entry in EHRs, and other letters
  • What we know in year 2 of health insurance marketplace enrollment
  • Some physicians plagued by student debt, bad investments
  • Evidence-based medicine and the newly trained physician: A relationship in the works




  • MAKING HEADLINES AT AAOE THIS WEEK

    Overhead or Compensation: What's the Difference?
    Provided by AAOE
    Discussing overhead between Administrators/CEOs/Directors is much akin to two college students asking, "What's your major?" when they meet for the first time. It starts out as casual conversation, but if one of the responses is not considered "mainline" or standard (i.e., business, marketing, accounting, etc.) then the conversation takes a different turn. "I'm majoring in Family Education with an emphasis in Parental Development." Wow! Then the discussions go a different direction more to the tune of "What in the world is that?" and "What are you going to do with that?" The same goes for healthcare management professionals when we discuss financial metrics and gauges. Answer within accepted "medians" and your conversation stays casual and might even end there, because of simple boredom. Answer outside those medians, however, and whoa, get the bartender ready, and let’s talk about this in more detail!
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    Meeting Torture Technique: Rediscussing Issues
    Provided by AAOE
    Many medical groups make a decision and then revisit it over and over again. This situation comes about when a few members of the group do not get their way in the first vote. They then use this strategy to either torture the group into changing the decision, or to paralyze the group.
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    SPONSORED CONTENT


    Complete your AAOE Benchmarking Survey by June 1 for the chance to win...
    Provided by AAOE


    If there weren't already enough reasons for you to participate in this year's benchmarking survey, we have added a few more! If you complete the benchmarking survey between now and June 1, 2015, you will be eligible to win one of two amazing prizes! Login into the AAOE Survey Data Portal. Your email will be your username and your password was included in the personalized email from Veris Consulting. After you submit your survey data, you'll be entered to win one of two prizes and receive the Benchmarking Report for the 2014 data year. It's THAT easy!

    Contact AAOE at benchmarking@aaoe.net for any questions regarding your Benchmarking Survey.

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    ADVOCACY UPDATE


    State Issue Preview
    Provided by AAOE
    2015 marked the first year that AAOE released its State Issue Preview, a book compiling a preview of some of the issues that could be discussed during the 2015 state legislative sessions. 2015 will also mark the first year for AAOE's state legislative recap. Look for this to arrive in the AAOE store this winter as more state legislative sessions begin to wrap up.

    To download the 2015 AAOE State Issue Preview, head over to the AAOE store. The preview is free for members and $10 for non-members.

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    PRODUCT SHOWCASE
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    Surgeon Testimonials            Case Profile of a Navio Program Launch
     


    CALENDAR OF EVENTS

    Date Time (EST) Event More Information
    May 28 1 – 2 p.m. AAOE Benchmarking Webinar (2014 Data Year)
    Walk through the AAOE Benchmarking Survey with the AAOE Benchmarking Committee to ensure you have all the information you need on Thursday, May 28! Register now!
    Details
    June 11 12 - 1:30 p.m. AAOE Webinar: The Fundamentals of a Successful Internet Marketing Campaign (2 of 3) Details
    June 16 2 - 3:30 p.m. AAOE Webinar: Keeping ICD-10 CM: Getting a Strong Foothold for Foot & Ankle Care Services Details
    June 16 7 - 8:30 p.m. AAOE Webinar: ICD-10 CM: For the Foot & Ankle Clinicians Details
    July 9 12 - 1:30 p.m. AAOE Webinar: The Fundamentals of a Successful Internet Marketing Campaign (3 of 3) Details
    July 21 2 - 3:30 p.m. AAOE Webinar: Keeping ICD-10 CM: Speaking the Language of ICD-10 Medical Terminology Details
    July 21 7 - 8:30 p.m. AAOE Webinar: ICD-10 CM: Documenting Clearly for Successful ICD-10 Implementation Details
    Aug. 6-9
    2015 South Carolina Association of Orthopaedic Executives Annual Meeting Details
    Aug. 18 2 - 3:30 p.m. AAOE Webinar: Keeping ICD-10 CM: Arming Your Practice with Less Than 2 Months to "Go-Live" — What are you doing in your practice for final prep? Details
    Aug. 18 7 - 8:30 p.m. AAOE Webinar:ICD-10 CM: Comparing the Write Documentation for the Right ICD-10 Code Details
    Sept. 15 2 - 3:30 p.m. AAOE Webinar: Keeping ICD-10 CM: Wrapping It All Up, On the Final Countdown to I-10 Day – We Have Time for One More Orthopaedic ICD-10 Overview Details
    Sept. 15 7 - 8:30 p.m. AAOE Webinar: Keeping ICD-10 CM: Wrapping It All Up, On the Final Countdown to I-10 Day – We Have Time for One More Orthopaedic ICD-10 Overview Details
    Sept. 24-26
    2015 BONES Society of Florida Annual Meeting Details
    Sept. 25-26
    AOA Leadership Immersion Series – Module 4: Leading High Performing Teams Details
    Oct. 20 2 - 3:30 p.m. AAOE Webinar: Keeping ICD-10 CM: The ICD-10 Aftermath: Are Claims Being Processed or Denied? Strategy and Recovery Plans for Your Practice Details
    June 9
    AAOE 2016 Annual Conference Details

       [P2P]: AAOE Peer-to-Peer Audio Conference
       [HTW]: Hot Topic Webinar




    KEEPING UP WITH CONFERENCE


    Call for 2016 Annual Conference Speakers!
    Provided by AAOE
    AAOE has already begun planning for the 2016 Annual Conference! We're looking for individuals interested in speaking to AAOE members and conference attendees for the 2016 Annual Conference in San Francisco, California. Sessions will be vetted and chosen during the AAOE Summer Meeting in July. Click here to apply!

    Helpful Notes for Your Application
    • No selling — no product mentions — only education!
    • We need topics specific to:
      • Physicians
      • Academic Administrators and Staff
      • Hospital Administrators
      • Veteran Track — must be high level, advanced, or deep-dive
    • Sessions are more highly rated by committee and attendees if they have tools, checklists, resources, etc. that the attendees can take back after that session.
    Apply now!

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    Industry Partner Opportunities
    Provided by AAOE
    The AAOE Annual Conference is the number one way to meet our members face-to-face. Demonstrate your products and show off how you can help our members.
  • Reserve your spot at the 2016 Annual Conference in San Francisco! The invitation contains all of the information you need to know about exhibiting at AAOE's 2016 Annual Conference in San Francisco, including exhibit space rates, deadlines, registration form and more. Click here to reserve your spot! To create a unique sponsorship package, contact Stephanie Dillon, 317-472-2532, for details.
  • AAOE is looking for Industry Relations Committee members! The Industry Relations Committee will engage our industry partners in key discussions as well as provide feedback during the 2016 Annual Conference planning process. Any employee of a company that has exhibited at an AAOE Annual Conference in the past two years may apply. Click here to apply! Applications are due by May 31, 2015.

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    SPONSORED CONTENT


    Annual Conference Speaker Recap: Bill Pupkis
    Provided by AAOE
    I thank the education committee for inviting me to speak at the 2015 AAOE Annual Conference in Chicago. After being a student of the business of medicine for 40+ years, over half of which was in Orthopaedics, I truly enjoy giving back to AAOE current members through my presentations. I am working on a presentation that, if the education committee invites me back again, should be well received next year in San Francisco.

    Attending the AAOE Annual Conference is one of, if not the best, educational forum for a manager at any level in an Orthopaedics practice. The AAOE is where Orthopaedic executives turn to become experts because they offer several ways for attendees to gain the knowledge that is necessary to manage their practice in the best way. It might be through direct teaching seminars. It could be participating in a topic specific networking session, or it might be the ability to talk with colleagues who manage a practice of a similar size from across the country who have faced issues you have coming up or are dealing with today. There is really NO need to reinvent the wheel ... going to the annual conference is an investment in your practice's future.

    Plus, to me, it is nice to reconnect with old friends and to meet new ones at each annual conference. Some have been with the same groups for several years and others have moved on to other, usually larger groups over the years. In any case, those people are usually the best contacts to ask questions of.

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    LEADERSHIP QUOTE OF THE WEEK



    Measuring the Success of Physical and Hand Therapy Programs: Ten Factors That Will Make or Break a Practice
    Ancillary Care Strategies
    As healthcare reform and related healthcare delivery changes continue to reshape the landscape, managers and therapists at physical and occupational therapy practices are looking for opportunities to enhance patient outcomes and reverse declining revenue trends. While focusing on financial benchmarking is certainly appropriate in economically challenging times, all too often therapy managers measure success according to the number of patients scheduled or the dollar amount billed. However, this is only part of a much larger picture.
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    Promoted by Ancillary Care Strategies


    LEADERSHIP IN THE LIMELIGHT


    AAOE Advocacy Council Member: Joseph Mathews
    Provided by AAOE
    AAOE values the time and commitment our leadership puts into our organization. We feature a member from leadership each week. Watch out for posts on our Facebook and Twitter accounts, featuring our Leader in the Limelight!
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    WITHIN YOUR PRACTICE WALLS


    Work-life balance in healthcare: Realign your priorities
    By Catherine Iste
    As a healthcare professional, your work requires you to be there for others, but how can you do that effectively if you haven't taken care of yourself? Now that you are acutely aware of where your hours go, it's time to look at what you can do realign your time with your priorities. Lisa Cole, MS, RN, FNP, has spent more than 35 years in the healthcare industry. Through her work, Cole has learned three areas that can help reduce stress now and help you be more present as a caregiver.
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    AHA raises concerns about interoperability provisions in 21st Century Cures Act
    FierceHealthIT
    The American Hospital Association expressed concerns about the interoperability provisions in the 21st Century Cures legislation in a letter sent to Rep. Fred Upton, R-Mich., chairman of the House Committee on Energy and Commerce. "We are concerned that the heavy-handed and duplicative enforcement mechanisms contemplated for providers could have significant unintended consequences, including undermining new models of care and setting up an environment where well-intentioned providers face significant penalties for small mistakes," writes Rick Pollack, AHA executive vice president.
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    10 questions to ask payers today about ICD-10
    Government Health IT
    There's more to communicating with healthcare payers than handing them a medical claim and saying, "Pay me." Creating better relationships with your payers before Oct. 1, in fact, enables providers to glean important insights about testing results, changes to reimbursement, how to handle denied claims.
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    MU hardship exception deadline is July 1
    Medscape
    The deadline for physicians and other eligible professionals to submit an application for a hardship exception to the meaningful use program is July 1, 2015. Unless EPs attested to meaningful use in 2014 by February 28 of this year or the Centers for Medicare & Medicaid Services approves hardship exceptions for them, their Medicare reimbursement will be reduced by 2 percent in 2016. This does not apply to EPs who are in the Medicaid electronic health records incentive program or to EPs who don't have to show meaningful use. Among the latter are new EPs who did not submit Medicare claims for 2014 or 2015 and hospital-based EPs who perform at least 90 percent of their covered services in an inpatient or emergency department.
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    Don't overlook risks from automatic data entry in EHRs, and other letters
    Modern Healthcare
    Regarding the article "Getting the data stream flowing: Hospitals want monitoring devices and EHRs to communicate," entering vitals such as blood pressure, respiration rate and oxygen saturation from electronic monitors directly into the electronic health record saves time and eliminates data-entry errors. But in bypassing the need for a human being to inspect it, who is going to notice that blood pressure is remaining stable despite the introduction of anti-hypertensive meds, or that increasing the amount of oxygen is not raising oxygen saturation?
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    What we know in year 2 of health insurance marketplace enrollment
    By Christina Thielst
    The health insurance marketplaces created under the Affordable Care Act are now in their second year of insuring consumers. While there continue to be some glitches, there are more insured Americans — some possibly for the first time in their life. Almost 8.84 million people have signed up for Affordable Care Act qualified plans through Healthcare.gov. An additional 2.8 million people have signed up for marketplace plans in states operating their own exchanges. The official enrollment period for 2015 came to a close Feb. 15, so this is a good time for a status review.
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    Some physicians plagued by student debt, bad investments
    Medscape
    A survey of physician debt and net worth — part of Medscape's Physician Compensation Report 2015 — shows that rising medical student debt is taking a long time to pay off for many doctors, and bad investments are also taking a toll on some physicians. As part of the debt-to-net worth ratio, patient-care compensation for employed physicians in the survey included salary, bonus, and profit-sharing contributions. For physicians who are partners, patient-care compensation includes after-tax earnings and deductible business expenses before income taxes.
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    Evidence-based medicine and the newly trained physician: A relationship in the works
    The Huffington Post
    Evidence-based medicine has been classically described as the conscientious, explicit and judicious use of current best evidence in making decisions about the care of individual patients. At first look, this well-accepted approach to clinical medicine appears not only completely reasonable, but also somewhat obvious, given the immense amount of research available for academic consumption. Despite EBM's role as an incredible advancement in the history of medical care and patient management, there remains many challenges that young clinicians must face when attempting to implement EBM into their respective practices.
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