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Winter Issue, January 2017
The Maine Chapter of the Healthcare Financial Management Association is a professional membership organization for individuals in financial management of healthcare institutions and related organizations
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The Maine Chapter of HFMA is continuing its newsletter contest!
(For contest details, check out the right panel below)
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Greetings Maine Chapter HFMA Members
Message from the President
I trust you are all doing well. Winter is upon us as the prediction is for more SNOW and frigid temperatures!
Looking forward to warmer weather, make sure to mark your calendars for May 23th and 24th for what is sure to be another great Region 1 Conference at Mohegan Sun. There will again be three tracks.
Please check the Maine HFMA website at
www.mainehfma.org for the most updated listing of programs that we will be offering this year along with presentations of past programs.
Lastly, I would like to thank our members, our sponsors, and our chapter volunteers for all that they do. Our chapter truly can't be successful without you. As always, we appreciate your continued support of the chapter and look forward to seeing you at education sessions. If you are looking for opportunities to volunteer or if you have any questions or concerns, feel free to contact me at
kcarmichae@mmc.org or 207.662.6569.
Sincerely,
Kathleen Carmichael, CPA, FHFMA, CGMA
President Maine Chapter HFMA
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Challenges and Solutions
The Future of Rural Healthcare
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Brett Murphy, Lancaster Pollard
Few topics are as emotional and personal as healthcare. Imagine your child breaking an arm playing football in the backyard, your mother calling to relay some bad news about your father's health after a visit to the doctor or your sibling telling you about an upcoming battle with cancer. Fear, anger, sorrow, uncertainty and other emotions flood over you instantly. It's inevitable that everyone will face health care issues in one form or another.
But rural Americans are suffering unique health care challenges that urban residents typically do not face. Simply accessing health care can be a significant hurdle for many. Even more challenging may be finding affordable care
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HFMA Region 1
2017 Poster Competition
Help spread your on-the-job knowledge to your colleagues and peers by being a poster presenter at the HFMA Region 1 Conference.
From now until March 17th, we are accepting poster abstracts describing an initiative, process redesign or analysis that improved an aspect of your organization or department. Posters and abstracts should demonstrate the measured impact of the detailed project. Accepted posters will be displayed during the HFMA Region 1 Conference Poster Session and will also be available online following the conference.
Abstract submission only requires two pages of information: a cover sheet with contact information and a one page brief outline of the project to be in poster form. If your project has a purpose, method, result and conclusion, you've got enough for a poster! Some examples of poster ideas include, but are not limited to:
- Revenue Cycle: Improved Point of Service Collection Processes
- Revenue Cycle: Improved Website Utilization for Patient Convenience
- Employee Benefits: Improved Flex Spending Process Administration
- Managed Care: Improved Flow of Funds in Bundled Payment Processing
- Accounting: Improved Revenue Recognition for At Risk Contracts
- Information Technology: Improved Management Dashboards
- Finance: Introduction of Medicare Value Based Purchasing Management Dashboards
Final poster submissions are due April 28th, 2017.
For more information about the poster competition and submitting abstract forms, please email Lauren McManemin at
lauren.mcmanemin@gmail.com
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Hold the Phone: Restrictive 340B Legislation Retracted!
Jerry Cahill - BerryDunn
Federally Qualified Health Centers and qualifying hospitals that benefit from the 340B drug program can breathe a sigh of relief for the near future.
Click here to read article
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