Practice Management

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  • 1.  A big role for RBMA when the next round of practice expense inputs into MPFS PE RVUs are gathered

    Posted 06-30-2021 12:22
    Better collection of representative practice expense data that acknowledges the circumstances that set radiology and nuclear medicine apart will be needed to produce accurate and appropriately valued RVUs that make up future Medicare Physician Fee Schedule payments for these services. Unquestionably, a significant and important role in such data collection should be played by the practice administrator members of the RBMA. See this report on recommendations made by ACR, ARNR and SNMMI to CMS's contractor, RAND Corporation.

    https://viewpoints.reedsmith.com/post/102h1nj/radiology-and-nuclear-medicine-societies-urge-better-practice-expense-inputs-for



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    Thomas W Greeson
    Reed Smith LLP
    (703) 517-0495
    tgreeson@reedsmith.com
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  • 2.  RE: A big role for RBMA when the next round of practice expense inputs into MPFS PE RVUs are gathered

    Posted 07-01-2021 14:30
    Thank you Tom.  The most accurate data that CMS has ever had on practice expense costs is from RBMA members who were the CMS approved survey sample years ago (pre-2008/2009 survey).  This is the most accurate way to learn the true costs of providing radiology and nuclear medicine services.





  • 3.  RE: A big role for RBMA when the next round of practice expense inputs into MPFS PE RVUs are gathered

    Posted 09-13-2021 08:01
    This is one of the many reasons I have joined and proud to be a member of the RBMA.   My thanks to all.

    During the term of my membership I observed, absorbed and always valued the input of my fellow members.

    My past three years as COO of Washington Open MRI required that I learn relevant industry knowledge as quickly as possible - which has been my guide to success.

    Most of my business 'fine-tuning' efforts have been driven by right now issues that all service businesses encounter.

    All problems solved...but then comes the disappointing reimbursement schedules that have driven all of us to distraction in our attempt to continue as a  profitable enterprise, and most important to do so in the best interest of our patients.   Patient care is paramount!

    Participation in this survey is/should be mandatory so that our collective message is heard.

    I read in the referenced document from the president of the ACR emphasizing basically...Hang Together or Hang Separately!

    The value of mutual cooperation towards our common and reasonable goal.

    The ACR document reports that in the prior survey "The survey requested complex information from individual physicians and a very high percentage of them found the requested information too complex to develop responses and declined to participate"!

    From my perspective, of course they did.  Why make it hard?  Why not offer help? How can we/'they' make it easier to be correct and more difficult to report incorrect information or none (horrors!) at all?

    One avenue of assistance may be the medical billing firms who handle the complex pitfalls of billing for most of us.

    In at least some practices the needed expertise and time may not be available, but it's in the mutual interest of the practice and their billing partner to submit timely detailed reports as needed to substantiate a <IMHO> more fair and equitable compensation identifying our increasingly costly service offerings.

    An additional future benefit may be the itemization and anonymization of data to provide some RBMA - generated data/statistics to all members?

    Hang together or hang separately - in the most broad terms isn't the reason we are all members?

    Just an idea.

    Comments, please?



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    William Kisse
    COO
    Washington Open MRI, Inc.
    Rockville, MD
    bill@womri.com
    (301) 424-4888
    https://www.linkedin.com/in/billkisse/
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