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September - October 2017 •
Volume 22, Issue 5
educate.advocate.collaborate
President's Message
By Michelle Durner, CHBME, HBMA President
You’ve likely seen it; it is part of HBMA’s mission and it sits proudly on the front page of HBMA’s website: Educate, Advocate, Collaborate... Click for more

HBMA News
News From Around HBMA
RCM Advisor Editors
HBMA's 2017 Government Relations Update Now Available! New HBMA Members; CHBME Quiz Questions – Earn 1.0 credit toward your CHBME. Click for more

Independent Contractors vs. Employees in the RCM Industry
Feature Story
By Bruce D. Armon and Allison L. Feldstein
The revenue cycle management industry, which was a 6.3 billion dollar industry just two years ago, is projected to grow to 16 billion dollars by 2024. If these projections are accurate (or even remotely so), RCM companies will need to significantly expand their staffing capabilities by adding competent and cost-effective labor to their ranks. Click for more

How to Go Paperless in Five Simple Steps
Feature Story
By Deirdre Ruttle
Healthcare is expensive in this country. The heavy reliance on paper products costs the healthcare industry billions annually. Some estimates put that waste as high as $300 billion a year. So, what can be done to eliminate paper from healthcare? Click for more

Not a Question of If Your Billing Company Needs Accreditation, but When
Feature Story
By Lee Barrett
Health plans and health systems are getting serious about data security, both internal security and that of their business associates — including third party billers. Click for more

What Are the Latest Trends in Healthcare Payments?
Feature Story
By Chris Seib
Healthcare was in the spotlight throughout 2016 as the country ramped up to the presidential election in November. From the start of the Republican and Democratic primaries, it seemed like each candidate leveraged healthcare as a key campaign focus point. Click for more

New Fiscal Year Brings Many Diagnosis Code Changes
Coding Corner
By Jackie Miller, RHIA, CCS-P, CPC
The 2018 ICD-10-CM code set, which goes into effect on October 1, 2017, includes over 300 new codes as well as hundreds of revisions to code descriptions, instructional notes, and Index entries. This column briefly describes some of the most important changes, but there are many others. Click for more

Excel Functions Every Excel User Should Know, Pt. 1
Software Talk
By Nate Moore, CPA, MBA, FACMPE
This issue of RCM Advisor introduces a new series devoted to basic Microsoft Excel functions every Excel user should know. Back in 2013, I wrote an article about using SUM. SUM is a great place to start, but there are many other functions that can add power, flexibility and accuracy to your spreadsheets. Click for more

Success Strategies for Today's Healthcare Leader, Pt. 1
From the Road
By Dave Jakielo, CHBME
I’ve spent my entire career studying what makes some leaders successful and other leaders unsuccessful and have found the same qualities I’m about to outline in this article to be present in every successful leader that I have known. Click for more

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