Chip & Paulie Webinar 22 (June 10, 2021)

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Chip & Paulie Webinar 22 (June 10, 2021)
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Chip & Paulie Webinar 22 (June 10, 2021)

Chip Hart & Paulie Vanchiere discuss a myriad of topics including the importance of effective employee retention strategies, the economic impact of increased well visits during the pandemic, and upcoming vaccination programs. They also cover various administrative adjustments for pediatric practices, such as the recent OSHA guidelines, financial assistance programs like the SBA loan, and the critical need for robust cash flow management. Highlighting the significant potential financial benefits from new legislative acts, Dr. Berman & Dr. Diasio urge pediatricians to actively participate in advocacy efforts while emphasizing the vital role of trusted pediatricians in administering COVID-19 vaccines.

Guests: Dr. Suzanne Berman & Dr. Christoph Diasio

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Summary

1. Importance of employee retention and recruitment in the tough market was underscored, highlighting challenges in paying competitive wages relative to other low-skilled workforces.

2. A detailed analysis of well visit and sick visit rates using PCC data suggested that well visit rates had recovered and even surpassed pre-COVID levels in many places.

3. Acknowledged the new OSHA guidelines for healthcare settings concerning COVID-19, particularly the requirements for screening and personal protective equipment (PPE) usage.

4. Addressing financial aid and loan access, there was emphasis on the SBA's Economic Injury Disaster Loan (EIDL) loans, encouraging practices to explore additional funding opportunities.

5. Discussion on dealing with vaccine payments from insurers, specifically focusing on the United Health Care amendments, and advising practices on how to ensure they receive fair compensation for COVID-19 testing.

6. Highlights included the 'Strengthening Vaccine for Children Act of 2021,' which aims to improve vaccine administration reimbursement rates and simplify some regulatory burdens on pediatric practices.

7. Practical management tips were shared, including reassessing responsibilities and scheduling within practices, focusing on ensuring smooth operations post-pandemic.

8. The Chip & Paulie encouraged advocacy through the AAP's federal advocacy initiatives, emphasizing the importance of supporting both the VFC Act and the 2021 Medicaid Parity Act.

 

 

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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