OPM August 2014

Page 1

www.OncPracticeManagement.com

AUGUST 2014

VOLUME 4 • NUMBER 5

Oncology Practice Management ™

FOR ONCOLOGISTS, PRACTICE MANAGERS, FINANCIAL COUNSELORS, AND REIMBURSEMENT SPECIALISTS™

Bringing the Future into the Present: Disaster Planning for the Oncology Office By Mariana S-B Lamb, MS, with contributions from Richard Levine, MD

E

very medical practice is at risk for a natural or man-made disaster. Future events cannot be predicted, but re­ sponses to such events can be. Any medical professional who has worked through a disaster can tell you either how glad they are that the practice had a disaster plan in place, or how they regret the practice was not prepared for such a risk. A serious crisis—fire, weather event, health crisis, or something else—disContinued on page 8

Defining the Boundaries of Oncology Management By Dawn Holcombe, MBA, FACMPE, ACHE; President, DGH Consulting, South Windsor, CT; Editor-in-Chief, Oncology Practice Management

M

anaging oncology is a challenge from many perspectives. Physicians balance a patient’s medical condition with his or her medical benefit structure as well as physical, mental, social, and financial situation,

and strive for the best possible solution. When considering reimbursement models, there is a fine line between a physician choosing the best option based on a patient’s needs versus choosing one Continued on page 6

Survey Reveals Drawbacks to Participation in ACA Exchanges By Rosemary Frei, MSc

T

he challenges involved with the start of implementation of the Affordable Care Act (ACA)’s insurance exchange program are evident in the responses to an April 2014 survey by the Medical Group Management Association (MGMA).1 There were 728 respondents to the survey, representing more than 40,000 physicians. A majority (59.4%) of respondents viewed ACA insurance

exchanges as being un­ favorable to their prac- Allison Brennan, MPP tices, and most said that payment rates are no higher than those offered from traditional commercial products or traditional Medicare. Furthermore, 87.6% reported difficulty identifying whether patients had ACA exchange coverage. Most respondents also said that it is more difficult than Continued on page 12

From the publishers of

R

KE

INTEGRATING ONCOLOGISTS, PAYERS, AND THE ENTIRE CANCER CARE TEAM

L

C A TR s L al

IA l Tri 6 1 a

TR

ic y… lin a C W IC N ew der I L N Un C

A

© 2014 Engage Healthcare Communications, LLC


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.