Late Night With Chip & Paulie 8 (July 1, 2022)

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Late Night With Chip & Paulie 8 (July 1, 2022)

In this webinar, various topics were covered, including the impact of COVID-19 on pediatric practices, key management strategies, and coding changes relevant to pediatric care. Key points emphasized include the necessity of using proper billing codes for managing chronic conditions, the importance of negotiating managed care contracts effectively, and the challenges around incident-to billing and its compliance with payer policies. A recurring theme is the critical need for pediatric practices to adapt, innovate, and ensure they are compliant with evolving regulations to maintain financial health and continue providing high standards of care.

Guest: Jan Blanchard

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Summary

1. Jan Blanchard joined the discussion, focusing on her expertise in pediatric coding.

2. The segment highlighted the importance of employee engagement, emphasizing the 'six C’s' of collaboration, care, communication, development, clarity, and confidence.

5. Paulie shared insights on practice management and the significance of experiencing the practical environment by visiting other practices.

6. Chip Hart discussed preventive care measures during COVID-19 and the impact on pediatric care, showing data visualizations on changed visit rates.

7. Concerns were raised about tech tools like Phreesia and data privacy amidst advances in patient interaction technology.

8. Expansion into CMS and regulatory updates, focusing on rules around rolling out 401(k)s and increasing employee compensation in line with inflation.

9. Jan Blanchard concluded the session with new coding changes applicable to pediatrics, including principal care management codes and clarifying the contentious incident-to-billing practices.

 

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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