A Publication of the Virginia Medical Group Management Association
Winter 2010
Welcome to the quarterly member newsletter of the Virginia Medical Group Management Association (VMGMA).
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Our 2010 goals are based on member feedback
'Hit the Jackpot' by attending VMGMA's Spring Conference
VMGMA member spotlight: Vicki Sanders
The best resources to help you earn certification are available for free
How the FBPA changed medical practice management
VMGMA 2009 Active Member Survey results
Frequently asked questions about the elimination of CMS Consultation Codes
Practice Notes is the quarterly member newsletter of the Virginia Medical Group Management Association. If you have feedback regarding this newsletter, article ideas or suggestions, please contact the editor:
Jody O’Neil
VMGMA Administrator
Phone: (804) 328-3344
E-mail: vmgma@comcast.net
VMGMA 2010 Diamond Sponsor |
INSIDE THIS ISSUE:
Our 2010 goals are based on member feedback
On Jan. 1, as the clock chimed in the New Year, I took on the new and exciting role of President of our Virginia Medical Group Management Association. I look forward to working with the board that the membership has elected and/or appointed to continue to expand on benefits for you as members. [Continued]
'Hit the Jackpot' by attending VMGMA's Spring Conference
Early registration has been extended until March 5
Don’t miss out on the Virginia Medical Group Management Association’s exciting Spring Conference to be held March 21-23 at The Homestead in Hot Springs.
Keynote sessions for “CHANGE: Hit the Jackpot with the Winning Combination” will include... [Continued]
VMGMA member spotlight: Vicki Sanders
Name: Victoria (Vicki) Sanders
Title: Practice Administrator
Practice name: Oyster Point Family Practice Location: Newport News, Va.
Vicki has been employed at Oyster Point Family Practice for 12 years. The independent practice, owned by Drs. Thomas Robeson and J. Drew O’Neal, treats newborns to geriatrics. [Continued]
The best resources to help you earn certification are available for free
Medical practice executives must demonstrate certain characteristics, including professionalism, leadership and trust. We, as practice executives, make a commitment to continuously engage in programs of self-assessment and learning through webinars, conferences or actively working toward ACMPE-nominee status, certified medical practice executive (CMPE) or fellowship (FACMPE). [Continued]
How the FBPA changed medical practice management
We recently celebrated the 10th anniversary of the effective date of the Fair Business Practices Act (FBPA). While there have been a number of significant legislative accomplishments in the practice of medicine over the years, it is hard to understate the value of the FBPA to the financial management and business operations of medical practices in Virginia. [Continued]
VMGMA 2009 Active Member Survey results
The first annual Active Membership Survey was conducted in October, 2009. The responses received were used to help formulate the 2010 goals of the organization. We would like to thank those who participated and encourage everyone to participate in the 2010 survey in October. [Continued]
'Meaningful use' update
Congress passed and President Barack Obama signed the American Recovery & Reinvestment Act (ARRA) in February, 2009. The healthcare IT component of the Bill is the HITECH (Health Information Technology for Economic and Clinical Health) Act, which appropriates $23 billion dollars to encourage healthcare organizations to adopt and effectively utilize Electronic Health Records (EHRs) and establish health information exchange networks at a regional level. [Continued]
Frequently asked questions about the elimination of CMS Consultation Codes
1. Can I bill for consultation services for Medicare patients in 2010? No, CMS eliminated the use of consultation services as of January 1, 2010 for Medicare Part B patients.
2. How should a provider bill in 2010 for services that were considered consults in 2009? For visits which were office/outpatient consults in 2009, practices should bill as new or established patient office/outpatient visits. [Continued]
SPONSORS |
Diamond Sponsor
MAG MUTUAL: MAG Mutual Insurance Company offers professional liability insurance for physicians and their practices. With assets exceeding $1 billion, we are the ninth largest medical liability insurer in the U.S., with over 17,000 physician policyholders across the Southeast.
Platinum Sponsor
CHAS. LUNSFORD SONS & ASSOCIATES: Lunsford Healthcare and Lunsford Financial Services take pride in their ability to deliver unsurpassed personal service. Offering Malpractice and Employee Benefit programs are the result of understanding clients’ needs.
Gold Sponsors
MEDICAL MUTUAL: Dedicated to serving you with a comprehensive array of insurance products. For more information, please call 800.662.7917 or visit us at www.medicalmutualgroup.com.
PROFESSIONALS ADVOCATE: Professionals Advocate is a strong, “A-” (Excellent) A.M. Best-rated carrier offering quality professional liability insurance, aggressive claims defense and superior service to Virginia doctors.
Silver Sponsors
PROFESSIONAL RISK ASSOCIATES, INC.: Professional Risk Associates serves over 4,500 physicians and healthcare providers in the Mid-Atlantic region.
MEDICAL SOCIETY OF VIRGINIA INSURANCE AGENCY: We believe in told not sold. Winning your trust is more important than winning a sale.
LABCORP: Committed to quality laboratory services, LabCorp delivers timely, accurate results for improved patient care.
Bronze Sponsors
