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According to a report from the Association of American Medical Colleges (AAMC), by 2034 the United States could see a shortage of between 37,800 and 124,000 primary care and specialty physicians. This negatively impacts the entire healthcare ecosystem. ☑ Longer wait times for appointments ☑ Decreased access as doctors cannot accept new patients ☑ Physician burnout ☑ Rising healthcare costs Addressing the physician shortage will require coordinated efforts across the industry, and improving physician recruitment strategies is key. MedForce.Health

Glass half full or half empty? President Biden signed into law an extension of the advanced APM bonus, but at 1.88% it's about half of last year's rate. Transforming U.S. healthcare into a higher performing, lower cost system requires consistent incentives from year-to-year that allow providers to invest in people and technology to ➡️Coordinate patient care ➡️Improve patient outcomes ➡️Reduce spending   Read a statement from the Alliance for Value-Based Patient Care here: https://lnkd.in/ggN_Xb4e The Alliance is comprised of the following organizations: American Medical Association, American Medical Group Association (AMGA), America's Physician Groups, Health Care Transformation Task Force, National Association of ACOs, and Premier Inc.

🩺✅ Patient registration for MyMedicare now open Earlier this year, the Australian Government introduced MyMedicare – a voluntary new patient registration system that aims to formalise the relationship between patients, their general practice, general practitioner (GP) and primary care teams. Now that patients can register in MyMedicare and select their preferred GP, health professionals who haven’t already done so are encouraged to register their general practice in MyMedicare to access the benefits. 🔗 Learn more at https://lnkd.in/grPDDnax #mymedicare #medicare

86% of physicians report facing a high or extremely high burden due to prior authorization. Prior authorization poses a significant challenge for physicians and senior living facilities, with over 90% of physicians reporting that it delays patient access to necessary care. While prior authorizations are intended to ensure the appropriate utilization of drugs and services, the process is often burdensome, lacks transparency, and can negatively impact patient care, according to physicians. Streamlining or eliminating the burdens of prior authorizations is critical to reducing administrative work and allowing physicians to focus on direct patient care. KGiS can help you navigate this challenge and return to what matters most: providing excellent patient care with faster turnaround times and reduced write-offs and denials. Follow our company page: https://lnkd.in/gGcvm4ji To learn more about our services, please visit our website: https://kginvicta.com/ #PriorAuthorization #Healthcare #MedicalNecessity #InsuranceCoverage #PatientCare #HealthcareIndustry #MedicalBilling #PriorAuthProcess #HealthcareAdministration #HealthcareCompliance

The American Medical Association Physician Practice Information (PPI) Survey is nearing completion (June 30), and we urgently need all selected physicians to actively engage in this effort. #ASEAdvocacy The intent of the survey, which has been endorsed by over 170 medical societies and other healthcare associations, is to collect updated and accurate data on practice costs which are key element of physician payment. These data have not been updated since last collected over 15 years ago. It is critically important to update these data to ensure accurate payment.

Between 40 to 60 percent of total patient care costs are driven by specialty physicians. Here's how #ACOs and specialists can work together to control total patient care costs. #valuebasedcare #TCC #episodesofcare https://lnkd.in/gVQ2MmqN

Rethinking healthcare benefits: How does integrating a second opinion service benefit insurers, employers and TPAs? Every year, misdiagnoses and incorrect treatments compromise patient health outcomes and inflate healthcare costs, with approximately 400,000 hospitalized patients experiencing preventable harm, over 200,000 deaths due to medical errors, and an estimated $20 billion in related costs* Find out how integrating our second opinion service can lead to smarter healthcare spending and improved health outcomes: https://lnkd.in/e46U3rRS #medicalsecondopinion #secondmedicalopinion #healthcaresavings #improvedhealthoutcomes #costcontainment *Source: National Center for Biotechnology Information (NCBI) PubMed: Medical Error Reduction and Prevention (2024)

The American Medical Association Physician Practice Information (PPI) Survey is nearing completion (June 30), and we urgently need all selected physicians to actively engage in this effort. #ASEAdvocacy The intent of the survey, which has been endorsed by over 170 medical societies and other healthcare associations, is to collect updated and accurate data on practice costs which are key element of physician payment. These data have not been updated since last collected over 15 years ago. It is critically important to update these data to ensure accurate payment.

The Alliance for Value-Based Patient Care calls on Congress to further boost incentives and put patients first. The extension of Medicare’s incentive in Congress’ latest spending package is a positive signal that value-based care remains a bipartisan priority amid unyielding fiscal constraints. However, the package cuts the incentive for providers in advanced alternative payment models by nearly half, jeopardizing a decade’s worth of gains in quality and cost savings.   Transforming U.S. healthcare into a higher performing, lower cost system requires consistent incentives from year-to-year that allow providers to invest in people and technology to ➡️Coordinate patient care ➡️Improve patient outcomes ➡️Reduce spending   Read the statement from Alliance spokesperson Soumi Saha, senior vice president, Premier Inc.: https://bit.ly/49FM59P   #Medicare #ValueBasedCare #Congress #APM

How the CPT code set evolves to support digital health innovation https://buff.ly/3xOWIK5 #innovation #medicaltechnology #medicine #digitalhealth #medicaldevice