Presented by Vachette Pathology Mick Raich, President

Medical Practice Today: Top 15 challenges ranked by AWI 2013 RankChallengeIntensity %Applicability%AWI 1Dealing with rising operating costs71%98% Preparing for reimbursement models that place a greater share of financial risk on the practice 74%93% Managing finances with the uncertainty of Medicare reimbursement rates 65%95% Collecting from self-pay, high-deductible and health savings account patients 59%97% Understanding the total cost of an episode of care from the payer's perspective 60%92%0.55 6Preparing for the transition to ICD-10 diagnosis coding58%94%0.54 7Maintaining physician compensation levels53%93%0.50 8Collaborating with payers to implement new payment models59%76%0.45 9Negotiating contracts with payers52%86% Optimizing an existing EHR54%82% Modifying your physician compensation formula to more heavily emphasize quality metrics, such as population-based outcomes, patient health status, patient satisfaction and patient safety 56%77% Managing teamwork and group dynamics among physicians44%96% Participating in the Centers for Medicare & Medicaid Services’ EHR meaningful use incentive program 47%91% Monitoring payer compliance with contract terms46%89% Attracting skilled professionals41%96%0.39 Reprinted with permission from the Medical Group Management Association, 104 Inverness Terrace East, Englewood, Colorado Copyright

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Self Pay Billing

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