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IN THIS ISSUE ...

Making Headlines at AAOE this week
  • Record Numbers Tune In to AAOE and DoctorsManagement ICD-10 Webinar

  • Compliance Corner
  • HIPAA HITECH — Now What?

  • Calendar of Events
  • Calendar

  • Leak of the week
  • Tell Us Who You Want to See at the Town Hall

  • Meet Your Leadership
  • Leadership Quote of the Week

  • Within Your Practice Walls
  • Under Obamacare, insurers learn to sell to consumers directly
  • Business executives slash hiring expectations
  • ICD-10 testing takes another tumble in 'scary' pilot program
  • Will you make more money if you subspecialize?
  • Medical malpractice and the Limitation Act 1980
  • For Republicans, it is still all about Medicare
  • How to avoid another market downturn: 3 ways to handle investment risk
  • Medicare open enrollment: Even doctors and med students think prescription drug plan Choices are complicated


  • MAKING HEADLINES AT AAOE THIS WEEK

    Record Numbers Tune In to AAOE and DoctorsManagement ICD-10 Webinar
    AAOE
    AAOE and DoctorsManagement have teamed up to provide an affordable, in-depth look at ICD-10 for our members through a four part webinar series. The first session "ICD-10-CM Introduction: What Every Practice Needs to Know Now" was broadcast live on October 15th. This session had record registration and attendance with over 400 members and their staff participating.
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    COMPLIANCE CORNER


    HIPAA HITECH — Now What?
    AAOE
    At this moment it seems everyone is scrambling to understand, in a concise way, what the HIPAA-HITECH Omnibus final rule means. Most importantly, what does it mean to my medical practice and to me? All valid concerns as the regulations are complicated, timeconsuming and can be left up to interpretation. The compliance date for the Omnibus final rule amending the privacy, security, breach notification and enforcement regulations under the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health Act has come and gone. Enforcement is already happening and come January 2014 we will see increased enforcement for health care providers, health plans, other covered entities and their business associates. The changes require covered entities (medical practices and all providers) and their business associates to update their business associate agreements; revise their existing privacy, security and breach notification policies and procedures; conduct a security risk assessment; and retrain their workforce on the new regulations and policies and procedures.
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    CALENDAR OF EVENTS

    Date Time (EST) Event More Information
    Oct. 22 12-1 p.m. ICD-10-CM Training for Hand Surgery Details
    Oct. 29 12-1 p.m. ICD-10-CM Training for Spine Surgery Details
    Oct. 31 12-1 p.m. ICD-10-CM Training for Sports Medicine and Joints Details
    Nov. 1 7:30 a.m.-5 p.m. Oregon Association of Orthopaedic Executives Fall 2013 Conference Details
    Nov. 7 12 - 1 p.m. How Meaningful Use Stage 2 Effects Orthopedic Practices [HTW] Details
    Nov. 14 12 - 1:30 p.m. Bundled Payments [P2P] Details
    Jan. 10-11, 2014 2014 BONES Society of Florida Coding and Reimbursement Conference Details
    April 4-5, 2014 Midwest AAOE Spring Meeting Details
    May 31-June 3, 2014 AAOE Annual Conference Details
    July 31- Aug.3, 2041 2014 South Carolina Association of Orthopaedic Executive Details
    Sept. 12-14, 2014 BONES Society of Florida Annual Meeting Details

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


    PRODUCT SHOWCASE
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    LEAK OF THE WEEK


    Tell Us Who You Want to See at the Town Hall
    AAOE
    AAOE's Annual Conference will be in Washington, D.C. from May 31 – June 3, 2014. We couldn.t miss this opportunity to give you access to your lawmakers. Do you have burning questions that you want answers to? Tell us which congressmen you would like to see at the Town Hall by completing this one-question survey.
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    MEET YOUR LEADERSHIP


    Leadership Quote of the Week
    Joe Namath
    "To be a leader, you have to make people want to follow you, and nobody wants to follow someone who doesn't know where he is going."
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    SPONSORED CONTENT


    WITHIN YOUR PRACTICE WALLS


    Under Obamacare, insurers learn to sell to consumers directly
    Bloomberg Businessweek
    In the next four years, the Congressional Budget Office expects 25 million uninsured Americans to go on the exchanges created by the Affordable Care Act, compare plans, and choose an insurer. The law has created a mass market for health plans sold directly to consumers, many of whom will be buying insurance for the first time.
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    Business executives slash hiring expectations
    The Wall Street Journal
    Uncertainty from Washington is taking its toll on business executives: For the first time in more than a year, expectations for adding headcount have dropped among executives of large firms, according to a preliminary look from a quarterly business survey.
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    PRODUCT SHOWCASE
     
    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.
     


    ICD-10 testing takes another tumble in 'scary' pilot program
    EHRIntelligence.com
    Holt Anderson, executive director at the North Carolina Healthcare Information and Communications Alliance has just one word to describe a recently completed ICD-10 test pilot: "scary." Speaking at MGMA 2013, Anderson recounted a 50 percent loss of worker productivity and a frighteningly dismal lack of accuracy when coders did finally submit an ICD-10 claim. With industry confidence surrounding ICD-10 already rock bottom, will the results of pilots like these spur providers into action, or confirm their worst fears?
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    Will you make more money if you subspecialize?
    MedPage Today
    There are lots of reasons doctors do post-residency fellowships. They might be fascinated with a particular organ system, for example. But humans are often motivated by cold hard cash, so it's probably worth figuring out whether all those extra years of training will pay off in ... pay.
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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.
     


    Medical malpractice and the Limitation Act 1980
    Lexology
    When Lord Woolf was investigating access to the civil justice system in the 1990s, he described the field of medical malpractice litigation as a jurisdiction where it was very difficult to sustain a claim, where more claims were successfully defended at trial than any other jurisdiction, and where the cost of litigating was extremely expensive. That remains the position and the reason is usually the issue of proving causation.
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    FEATURED ARTICLE
    TRENDING ARTICLE
    MOST POPULAR ARTICLE
    Record Numbers Tune In to AAOE and DoctorsManagement ICD-10 Webinar
    AAOE
    AAOE and DoctorsManagement have teamed up to provide an affordable, in-depth look at ICD-10 for our members through a four part webinar series. The first session "ICD-10-CM Introduction: What Every Practice Needs to Know Now" was broadcast live on Oct. 15.

    Share on FacebookTwitterShare on LinkedinE-mail article
    read more
    'Hard to see value' in ICD-10 for physicians, analytics
    EHRIntelligence.com
    ICD-10 has never been the most popular kid at the lunch table. Viewed as just another regulatory burden with no clear purpose and a huge price tag, physicians have been railing against the switch since the day it was announced.

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    A bill that shows up late is still a bill
    The Boston Globe
    Anyone with health insurance — and that ought to be everyone — is likely to have noticed that just about any time you owe some money to a practitioner, there's likely to be a lag before the bill arrives. That’s because the medical provider and insurance company have some figuring and reconciling to do.

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    For Republicans, it is still all about Medicare
    The Huffington Post
    The shutdown and threat of default had been planned well in advance. "I don't care what the price is," the Republican Speaker had declared two months before government offices closed all over the country. "I don't care if we have no executive offices and no bonds for 30 days." Six months before that, he had also telegraphed the House Republican Majority's coming brinkmanship strategy. "The President will veto a number of things and we'll then put them all on the debt ceiling and then he'll decide how big a crisis he wants." The year was 1995. The Speaker, Newt Gingrich.
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    How to avoid another market downturn: 3 ways to handle investment risk
    By David B. Mandell, JD, MBA, and Jason M. O'Dell, MS, CWM
    The Dow, S&P 500 and NASDAQ have all regained or surpassed the values they held before the 2008 stock market crash. While this climb has taken nearly five years, most investors, including orthopaedic executives, have not forgotten how disconcerting the crash was at the time. Moreover, many market prognosticators are predicting another market pull-back, with some commentators seeing a decline as much as 20-30 percent. Given the potential for another crash, here are three ways to potentially mitigate stock market risk. How you utilize this information and incorporate it into your investment planning may shape how your portfolio handles the next significant market downturn.
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    Medicare open enrollment: Even doctors and med students think prescription drug plan Choices are complicated
    Medical Daily
    Because elderly patients frequently ask for their doctors' help when choosing a Medicare prescription drug plan, researchers decided to examine the difficulties involved in selecting the lowest cost plan. What did they find? Residents and medical school students found it equally difficult as their patients. "Our results add further evidence that simplifications to the Medicare Part D decision environment are needed," the authors wrote in their study, published in PLoS One.
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