Healthcare Business Management Association - HBMA
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January - February 2017 •
Volume 22, Issue 1
Billing Efficiencies
The Lifeblood of Survival
By Michael Pittmon
Efficiency is defined as "the ability to accomplish a job with a minimum expenditure of time and effort." In our industry, efficiency has historically been important, but perhaps never more so than in today's market of declining payments for healthcare services. Fifteen years ago an efficient company may have been more profitable than an inefficient one. Click for more

HBMA Needs You
President's Message
By Michelle Durner, CHBME, HBMA President
As 2017 begins, it's evident that the healthcare industry is in a state of transformation. I purposefully use the word "transformation" instead of "change" because change is defined as "the act or instance of making or becoming different" while transformation is "a thorough or dramatic change in form or appearance." Click for more

SOUND OFF!
HBMA Members Sound Off on Hot Topics
By Billing Editors
What steps is your company taking to generate new business and boost revenue? Click for more

HBMA News
News for HBMA Members
By Billing Editors
Educate, Advocate, and Collaborate with These Membership Benefits; Member Value Program; Newly Minted HBMA Members Click for more

Hiring Mr. Automation
Save Valuable Time With These Automated Processes
By Roxanne Smith-Kovac, CHBME
I started in medical billing with an actual typewriter and file cabinets all around me. Each step of the billing process was done manually, and although it took longer than it does today, the objective was the same: Get the claim paid! Click for more

Transforming the Patient Experience
Streamline Your Healthcare Payments Process with Digital Wallets
By Jeff Lin
A digital wallet allows a consumer to store payment information electronically. Most consumers already use this kind of payment functionality on any number of e-commerce sites they frequent, but they might not realize they are managing a digital wallet Click for more

Balance Your Marketing Efforts for Success
How RCM Companies Can Generate Revenue and Bring in More Customers
By Paul Bernard, MBA
As another new year kicks off, small business owners are thinking about goals for the coming year. One of the top objectives is generating more business and bringing in more customers. Whether it's because you want to grow, or simply want to ensure you can fill space that opens due to clients leaving, growth requires some strategy and planning. Click for more

Improving Prescribing Efficiency
The Promise of Real-Time Prescription Benefit Inquiries
By the American Medical Association
It's a scenario that plays out every day in pharmacies. A patient arrives to pick up a prescribed medication and receives one of the following unwelcome surprises... Click for more

How to Ensure a Vibrant Future in the Medical Billing Industry
Keep Revenue Afloat in These Trying Times
By Dave Jakielo
As Charles Dickens wrote in A Tale of Two Cities, "It was the best of times, it was the worst of times." Despite not being in the medical billing industry, his quote rings true in our industry today. Click for more

Moderate Sedation Takes a New Twist
New Codes and Guidelines for Reporting
By Jackie Miller, RHIA, CCS-P, CPC
Moderate Sedation Takes a New Twist New codes and guidelines for reporting By Jackie Miller, RHIA, CCS-P, CPC In the 2017 Medicare Physician Fee Schedule (MPFS) Proposed Rule, the Centers for Medicare and Medicaid Services (CMS) announced a change in payment policy for moderate sedation. Until now, Medicare payment for many procedures – particularly endoscopies – has included payment for sedation... Click for more

Freezing Columns
Software
By Nate Moore, CPA, MBA, CMPE
Large spreadsheets with lots of data can make managing that data difficult. As you scroll down a page with multiple columns, it can be tricky to remember what column contains what data. Click for more

How to Motivate and Energize Your Team: Part 2
From the Road
By Dave Jakielo
Hopefully you picked up some great ideas from my last article, "How to Motivate and Energize Your Team: Part 1," which appeared in the last issue of Billing. In this issue, I'm going to share some more tips and techniques. Click for more

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