Sequester Cuts and the Disgruntled Healthcare Community


With the budget plan approved by the Senate on March 23rd, President Barack Obama released the proposed fiscal budget for the year 2014, announcing major cuts to the healthcare industry.

A joint study by the American Medical Association and the American Hospital Association estimated that the reduced funding for healthcare would result in a loss of 766,000 jobs by the end of year 2021. These job cuts would penetrate through the economy and around 496,000 jobs would be lost in healthcare and related industries by the end of this year.

The proposed budget means to reduce $400 billion dollars from Medicare over the next ten years. Research shows that these cuts are highly unpopular with around 82% of the population against the cuts in Medicare.

Through the sequestration, $140 billion of funding to scientific research will be cut by 7% including a $1.6 billion cut to the National Institute of Health, which is the largest Biomedical Research Institute in the world. The CDC (Center for Disease Control and Prevention) also faces a cut in funding by $289 million.

The American Association of Cancer Research gathered 15,000 protestors in Washington D.C., comprised of healthcare professionals, patients and researchers alike to protest against the sequestration cuts. Eric Hoffman, director of the Center for Genetic Medicine Research at Children’s National Medical Center in Washington voiced his dismay and said, “They are doing cuts on top of cuts on top of cuts”.

Gene Ransom, executive director of the Maryland State Medical Society said, “Doctors are very nervous about this, it’s not like the cost of business has gone down”.

Rich Umbdenstock, CEO of the American Hospital Association said, “In addition, the budget would jeopardize the ability of hospitals to train the next generation of physicians by cutting funding for graduate medical education, and hinder care for people in rural communities by reducing funding for critical access hospitals.

Furthermore, industry experts say that the budget cuts would wreak havoc and result in around 3000 lesser inpatient admissions, 804,000 lesser outpatient visits and 424,000 lesser HIV tests granted by the CDC.

Despite the ongoing protest against the budget cuts and its potentially damaging effects on care delivery, a segment within the healthcare community believes that 2% reductions do not make that much of a difference and are largely unconcerned. Rob Schile, partner in charge of health systems and reimbursement at CliftonLarsonAllen said, “While these cuts are significant in terms of total dollars and undoubtedly will have some overall impact on the economy, the remaining $85 billion targeted for 2013 represents just over 2 percent of the total $3.8 trillion in federal spending for 2013” He added, “In reality, the proposed cuts should not equate to the level of devastation currently portrayed in the media”.

EHRs

CureMD Healthcare Weekly Webinar – Money in Escheatment – Thursday August 5th 3:30PM EDT


Starts: Thursday August 05, 2010, 03:30PM EDT
Ends: Thursday August 05, 2010, 04:00PM EDT
Event Type: Training/Seminar
Website: https://www1.gotomeeting.com/register/196811624
Industry: hospital & health care
Keywords: CureMD, EHR, EMR, Healthcare, Obama EHR stimulus package, Stimulus electronic medical records incentives, Medicare advantage claims, Electronic Health Record, Electronic Medical Record, HealthCare IT, Medicare, Medicare stimulus, meaningful use of EHR
Intended For: Hospital Administrator, Medical Professionals, Healthcare Professionals, Healthcare Financial Management Professionals, Managed Care Executives,Office Manager, Accountants, Clinical Analysts, Physicians, EHR Buyers
Organization: CureMD Healthcare

You will never experience a quicker lesson than this in finding money.

Presented by Robert Goff, Executive Director and CEO of University Physicians Network(UPN).

Check out CureMD Free Weekly Webinar Schedule @ http://www.curemd.com/Webinar.htm

 

CureMD Healthcare webinar – How To Cash In Meaningful Use – Thursday July 29th 3:30PM EDT


Starts: Thursday July 29, 2010, 03:30PM EDT
Ends: Thursday July 29, 2010, 04:00PM EDT
Event Type: Training/Seminar
Location: This is a virtual event.
Website: https://www1.gotomeeting.com/register/893967288
Industry: hospital & health care
Keywords: CureMD, EHR, EMR, Healthcare, Obama EHR stimulus package, Stimulus electronic medical records incentives, Medicare advantage claims, Electronic Health Record, Electronic Medical Record, HealthCare IT, Medicare, Medicare stimulus, meaningful use of EHR
Intended For: Hospital Administrator, Medical Professionals, Healthcare Professionals, Healthcare Financial Management Professionals, Managed Care Executives,Office Manager, Accountants, Clinical Analysts, Physicians, EHR Buyers
Organization: CureMD Healthcare

The final regulations were published July 16th, 2010 and it is time to take advantage of the government incentives for using EMR. If you are not ready to fully participate, join us next Thursday July 29th at 3:30 PM and learn how you can cash in. We will review the new final regulations as well as the incentive payments for E-Prescribing and PQRI. Let this program show you the simple way to $44,000 per eligible provider plus 4% added to your Medicare payments starting in 2011.

The program is brought to you by CureMD and presented by Fred Melroy, Senior Director of Contracting for NYULMC and UPN(University Physicians Network).

Check out CureMD Complimentary Weekly Webinar Schedule @ http://www.curemd.com/Webinar.htm

 

HIMSS – Meaningful Use, Certification Criteria and Standards, and HHS Certification Process


Source: http://www.himss.org/EconomicStimulus/

The American Recovery and Reinvestment Act of 2009 (ARRA), includes billions of dollars in Medicare and Medicaid incentive payments to providers and hospitals for the “Meaningful Use” of certified health IT products. The Centers for Medicare and Medicaid Services (CMS) have released a Notice of Proposed Rulemaking on Meaningful Use that identifies the criteria for becoming a meaningful user of health IT. Both programs have start dates of October 2010 for hospitals and January 2011 for eligible provider (EP) categories.

The ARRA also requires the Secretary of Health and Human Services to establish certification criteria and standards for achieving meaningful use by December 31, 2009. The Department of Health and Human Services and the Office of the National Coordinator has released an Interim Final Rule on the Certification Criteria and Standards for public comment, which will be used to support Meaningful Use for the start of the Incentive payment programs in 2011. In its role as the leading authority on the appropriate implementation and use of Health IT, HIMSS is developing multiple resources to equip our members to prepare for the Meaningful Use and Certification Criteria and Standards regulations. Utilize these tools to ensure you are prepared to become Meaningful Users.

EHRs

CureMD Weekly Webinar June 10 – Medical Billing – Maximize Revenue By Coding Effectively


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Presenter: Robert Goff
Date:
Thursday, June 10, 2010
Time: 3:30 – 4:00 PM
Duration: 30 minutes

Intended for: Medical Billing Professionals, Medical Billing Specialist, Medical Billing Services, Hospital Administrator, Medical Professionals, Healthcare Professionals, Healthcare Financial Management Professionals, Managed Care Executives, Office Manager, Accountants, Clinical Analysts

Robert Goff, Executive Director and CEO of University Physicians Network(UPN).

Your coding has a vital effect on your revenue. Understand all the intricacies involved in coding, and learn how to get the maximum possible revenue by coding effectively.

Space is Limited

Reserve your Webinar seat now at:
https://www1.gotomeeting.com/register/445051784

After registering you will receive a confirmation email containing information about joining the Webinar.

System Requirements

PC-based attendees
Required: Windows® 7, Vista, XP, 2003 Server or 2000
Macintosh®-based attendees
Required: Mac OS® X 10.4.11 (Tiger®) or newer

EHRs

CureMD Weekly Webinar June 3 – From Rejected & Denied Claims to Paid


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Presenter: Robert Goff
Date:
Thursday, June 03, 2010
Time: 3:30 – 4:00 PM
Duration: 30 minutes

Space is Limited

Reserve your Webinar seat now at:
https://www1.gotomeeting.com/register/141715768

After registering you will receive a confirmation email containing information about joining the Webinar.

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System Requirements

PC-based attendees
Required: Windows® 7, Vista, XP, 2003 Server or 2000
Macintosh®-based attendees
Required: Mac OS® X 10.4.11 (Tiger®) or newer

EHRs

CureMD Webinar Series


Want to get a clear sense on Health Care Reform Bill? Want to know how you could benefit from stimulus medicare incentives, especially Medicare EMR incentives? Want to know how to be qualified as a meaningful user of a Certified EHR to receive the ARRA EHR stimulus? Want to know the EMR Stimulus Payment schedule? Want to know how will the new health insurance law affect your practice? Want to know how new regulations impact health care pros?

CureMD is more than happy to welcome you to join our FREE CureMD Webinar Series on mostly every Thursday start at 3:30PM.

Presented by Robert E. Goff, Executive Director and CEO of University Physicians Network(UPN).

Topic: From Rejected & Denied Claims to Paid
When: Thursday, June 3, 2010 3:30 PM – 4:00 PM EDT
Register: https://www1.gotomeeting.com/register/141715768

Topic: Condemned by Coding
When: Thursday, June 10, 2010 3:30 PM – 4:00 PM EDT
Register: https://www1.gotomeeting.com/register/445051784

Topic: Billing Companies – Friend or Fiend
When: Thursday, June 24, 2010 3:30 PM – 4:00 PM EDT
Register: https://www1.gotomeeting.com/register/674355369

Topic: 5 Little Things You Can & Can’t Do
When: Thursday, July 1, 2010 3:30 PM – 4:00 PM EDT
Register: https://www1.gotomeeting.com/register/882761769

Topic: 4 Little Things To Confront
When: Thursday, July 15, 2010 3:30 PM – 4:00 PM EDT
Register: https://www1.gotomeeting.com/register/944983465

Topic: Don’t Be Paralyzed, Analyze
When: Thursday, July 22, 2010 3:30 PM – 4:00 PM EDT
Register: https://www1.gotomeeting.com/register/544732137

EHRs