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IN THIS ISSUE ...

Making Headlines at AAOE this week
  • Do you want to attend AAOE 2014 for free?
  • Let your voice be heard! Direct the Conference content!
  • Best Practices in Financials — What and How Often?

  • Compliance Corner
  • 'The basics of auditing your own compliance program. Be proactive, not reactive'

  • Calendar of Events
  • Calendar

  • Meet Your Leadership
  • Committee Member Spotlight: Jerald T. Forrester
  • Leadership Quote of the Week

  • Within Your Practice Walls
  • Cybersecurity for medical devices
  • Employer mandate in healthcare reform law delayed a year
  • Group practices struggle with new pay models
  • Is outsourcing medical billing right for you?
  • Survey: Physicians say EMRs a key factor to their declining income
  • You're at mercy of states, not Obama, in healthcare
  • Ouch! Patient satisfaction hits physician pay
  • Too much noise from hospital alarms poses risk for patients


  • AAOE HEADLINES

    Last week to submit applications — Deadline is July 12, 2013!
    AAOE
    This is your last chance to submit an application for 2014 Annual Conference, to be held June 1-3 in Washington, D.C. Applications are due July 12! If you are chosen as a speaker, your conference registration is included! We are specifically requesting courses in the following categories:
    • Information Technology
    • Governance/Leadership
    • Business Development
    • Regulatory Compliance/Legislation
    • Veteran and Boot Camp courses for all categories
    Check out the speaker page for more information. Please Note: Applications received after July 12, 2013 will not be considered!
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    Be Heard! Direct the Content!
    AAOE
    The Annual Conference Committee will be meeting in Washington, D.C. at the end of July to plan next year's Annual Conference. Don't miss your chance to help direct the content. Please take our short, 3-question survey telling us what you want to see and hear!
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    Best Practices in Financials — What and How Often?
    AAOE
    So many of our clients are surprised when they do not measure in the top percentile for MGMA orthopedic cost survey data. Analyzing cost data and your account receivables (AR) are very important KPIs. Medical practice performance is directly represented in the numbers it produces. If your practice is meeting industry standard benchmarks, then things are going well and if not, you know there is a problem. You cannot grow your practice or increase profitability if you do not know where you are coming from.
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    PRODUCT SHOWCASE
      Turnkey Orthopedic Imaging Systems
    Comprehensive Orthopedic Digital Imaging Solutions

    Viztek offers the latest in digital imaging hardware and software to save Orthopedics time and money. Opal-Ortho PACS provides immediate access to priors and outside CD's, while integrating with any EMR or PM. Images are accessible from any computer, smartphone, or tablet device. Upgrade your X-Ray room to Viztek DR for increased throughput and image quality. Click for more info or call for more information at 800-366-5343.
     


    COMPLIANCE CORNER


    'The basics of auditing your own compliance program. Be proactive, not reactive'
    AAOE
    The government is broke, regulatory enforcement is up and medical practices are increasingly getting caught in the crossfire. It's not just the hospital anymore that is feeling the heat. In this climate, it pays to be proactive and not reactive. With this proactive approach there is a "best practices" process to employ and 3 key programs to assess. The best practices process is to assess your program to determine gaps. Implement the program through writing your manuals and training all staff. Maintain your program through ongoing training and remaining abreast of the ever-changing regulations. Assign a compliance officer to oversee your compliance programs.
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    SPONSORED CONTENT


    CALENDAR OF EVENTS

    Date Time (EST) Event More Information
    July 18 12 p.m. Patient Protection and Affordable Care Act [HTW] Details
    July 25 12 - 1:30 p.m. Urgent Care [P2P] Details
    Aug. 1 12 p.m. Utilizing the AAOE Benchmarking Survey; Using Key Performance
    Indicators [P2P]
    Details
    Aug. 8 12 - 1:30 p.m. Surviving the Storm: Maintaining an Independent Medical
    Practice in Today's Environment
    Details

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




    MEET YOUR LEADERSHIP


    Committee Member Spotlight: Jerald T. Forrester
    AAOE
    Council/Committee: Technology Committee
    Practice name: Steindler Orthopedic Clinic
    City/state: Iowa City, Iowa
    Group size: 20
    Hobby: Watching my kid's activities; all sports, staying active
    Favorite quote: "Carpe Diem"
    Best book ever read: IT by Stephen King (horror)
    Favorite movie: Gladiator
    Any other information you would like to share: I am anxious to get involved again with AAOE

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    Leadership Quote of the Week
    Peter Drucker
    "Management is doing things right; leadership is doing the right things."
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      PRODUCT SHOWCASES
    Integrated EMR & Image Management for Orthopedics


    Merge orthopedic-specific EMR, image management and digital templating/surgical pre-planning tools work together to help you optimize workflow and provide faster care, as well as meet Meaningful Use. View this 5-minute day-in-the-life example of Merge Orthopedic solutions helping to manage patient data and images.
    Teleradiology Built For Your Needs

    Focused expertise in MRI teleradiology with sub-specialty radiologists and skilled support staff using the latest workflow technology. Assistance with accreditation and technologist support. Cost effective. Each relationship is crafted to meet the needs of the client. Radiologists work in a collaborative environment to produce the most accurate interpretations.
    eClinical Works

    eClinicalWorks offers a comprehensive EHR solution, so Practice Management works in concert with the entire eClinicalWorks line. It is just one part of an inclusive product, combining an EMR, PM, community health exchange, reporting system, mobile system, patient messaging system and patient Web portal.


    WITHIN YOUR PRACTICE WALLS


    Cybersecurity for medical devices
    By Rosemary Sparacio
    The issue of cybersecurity in the medical and healthcare field was first discussed when it was still in its infancy in 2005. Since then, technological advances have required the U.S. Food and Drug Administration and others to be much more proactive and involved in the process. And this process must include everyone: the FDA, the medical device manufacturers, the IT users who are mostly in hospitals and doctor's offices, and the independent IT providers, such as the IBMs, Microsofts and Ciscos of the world, among a whole host of others.
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    Employer mandate in healthcare reform law delayed a year
    Chicago Tribune
    The Obama administration delayed a key provision of the president's healthcare reform law by a year, saying it will not require employers to provide health insurance for their workers until 2015. The delay, which could raise new questions about whether Obamacare will be implemented on time, comes in response to widespread complaints from businesses and their lobbyists about reporting requirements for employers with 50 or more full-time workers.
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    Group practices struggle with new pay models
    MedPage Today
    Collaborating with payers to implement new payment models was an intense challenge this year, according to a survey of 1,067 group practice executives. In fact, preparing for different reimbursement models was executives' second-biggest concern, behind rising operating costs, a survey of members of the Medical Group Management Association — American College of Medical Practice Executives showed.
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    Is outsourcing medical billing right for you?
    MedCity News
    For any medical professional, one of the most important decisions to make is whether to have an in-house medical billing or having an outsourced medical billing service. Among others, the major benefits of an outsourced medical billing service include time, time to spend and focus more on quality patient care, having experts in billing and coding at your disposal, increased collections and an overall stability in your financial and billing workflows.
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    FEATURED ARTICLE
    TRENDING ARTICLE
    MOST POPULAR ARTICLE
    Last week to submit applications — Deadline is July 12, 2013!
    AAOE
    This is your last chance to submit an application for 2014 Annual Conference, to be held June 1-3 in Washington, D.C. Applications are due July 12!

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    read more
    Article: Developing a medical practice compliance plan
    AAOE
    How do you get ready for the extra scrutiny being added to detect Medicare overpayment and fraud? Implementing a formal compliance plan is your first step. Read more to find out how.

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    Toolkit: Sample Healthcare Compliance Program
    AAOE
    Are you building a Compliance Program, but you don’t know where to start? Here is a sample that will help you on your way to an effective Compliance Program.



    Survey: Physicians say EMRs a key factor to their declining income
    HIT Consultant
    Physicians feel reimbursement, EMRs and hospital employment as key factors to limiting physician pay according to a recent survey by Medicus Firm. The survey entitled, 2013 Physician Practice Preference and Relocation Survey was conducted with over 2,500 doctors revealed several workforce trends and practice preferences.
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    You're at mercy of states, not Obama, in healthcare
    CNBC
    The three most important things in real estate — "location, location, location" — are about to become just as important, if not more so, to tens of millions of individuals and small businesses buying health insurance under the new health care marketplaces scheduled to begin enrollments this fall across the United States.
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    Ouch! Patient satisfaction hits physician pay
    Forbes
    Physicians may have an extra incentive to keep their patients from sitting long in the doctor's office waiting room as an increasing amount of their compensation is becoming based on patient satisfaction. In what appears to be the very beginning of a growing trend, a new survey shows two percent of primary care physicians’ compensation is based on "patient satisfaction metrics" while 1 percent of specialist physician compensation is based on "patient satisfaction metrics." It's the first time patient satisfaction scores were part of an annual compensation report from the Medical Group Management Association but it likely won't be the last.
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    Too much noise from hospital alarms poses risk for patients
    The Washington Post
    The sheer number of alarms in medical buildings — several hundred per patient per day — can cause alarm fatigue. Nurses and other workers, overwhelmed or desensitized by the constant barrage, sometimes respond by turning down the volume on the devices, shutting them off or simply ignoring them — actions that can have serious, potentially fatal, consequences.
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    Colby Horton, Vice President of Publishing, 469.420.2601
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