Chip & Paulie Webinar 16 (September 20, 2020)

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Chip & Paulie Webinar 16 (September 20, 2020)
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Chip & Paulie Webinar 16 (September 20, 2020)

Dr. Tanya Altman discusses her experience with a direct care pediatric practice showing a different approach to patient engagement and office management during COVID-19. Jan Blanchard concludes with updates on new coding changes effective January 2021 and a new PPE billing code, emphasizing how pediatric practices can adapt to the new documentation practices and why it's important to stay updated with coding best practices.

Guests: Jan Blanchard & Dr. Tanya Altman

Download Slide Deck Here

 

Summary: 


1. **Flu Clinic Success Stories:** Chip shared positive outcomes from clients successfully running flu shot clinics and drive-through setups, emphasizing innovative methods during Covid-19.
   
2. **Unemployment and Economic Concerns:** There were significant mentions about current unemployment figures, historical comparison, continued unemployment claims, and how this could influence healthcare practices and Medicaid conversions.
   
3. **Cash Flow Management:** Stress on the importance of weekly budgeting, managing PGP loans, and tax implications related to loan forgiveness under IRS guidelines.
   
4. **Direct Care Model:** Doctor Tanya Altman shared experiences and benefits of running a direct care pediatric practice, emphasizing patient engagement, custom care, and shifting time management.
   
5. **E&M Coding Changes 2021:** Jan Blanchard discussed incoming changes to Evaluation and Management (ENM) coding, focusing on new definitions of time, medical decision-making, removal of history and physical exam requirements from leveling complexity, and anticipated impacts on billing.
   
6. **PPE Coding Addition:** Introduction to a new billing code (99072) for additional PPE and sanitation costs during the Covid-19 public health emergency, effective immediately, highlighting its interpretation and potential payer delays.
   
7. **Practice Adjustments & Future Planning:** Advice to practices on adjusting templates, scheduling follow-ups, and ensuring thorough, timely documentation in light of billing and coding changes. The importance of personal care and adaptive planning in ongoing pandemic circumstances was also emphasized.

 

Picture of Paul Vanchiere, MBA

Paul Vanchiere, MBA

For over 15 years, Paul has dedicated himself exclusively to addressing the financial management, strategic planning, and succession planning needs of pediatric practices. His background includes working for a physician-owned health network and participating in physician practice acquisitions for Texas's largest not-for-profit hospital network, giving him a distinctive insight into the healthcare sector. Paul is adept at conducting comprehensive financial analysis, physician compensation issues, and managed care contract negotiations. He established the Pediatric Management Institute to offer a wide range of services tailored to pediatric practices of all sizes and stages of development, with a focus on financial and operational challenges. Additionally, Paul is actively involved in advocacy efforts to ensure healthcare access and educational opportunities for children with special needs.

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