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


                                                                                                    



The Maine Chapter of HFMA is continuing its newsletter contest!   


(For contest details, check out the right panel below) 
 
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



 
 

 

Challenges and Solutions
The Future of Rural Healthcare


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




 



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 a
lauren.mcmanemin@gmail.com .





 
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 


In This Issue
Newsletter Contest

The Maine Chapter of HFMA is continuing its newsletter contest!  
    

The National HFMA has announced a new theme for the upcoming year -

"Thrive".

  

As you read the newsletter, look for this logo:

 

 

 It could be ANYWHERE so make sure to click on the full article links as you search for the logo. Once you find it, send an e-mail with your name and the location of the logo to Lisa Trundy-Whitten at ltrundy@berrydunn.com

 

 You could win a $50 gift certificate to L.L. Bean!!

 

All entries must be submitted by
 February 28, 2017

 

  Happy reading! 


 

Thanks

To Our

Sponsors

GOLD SPONSORS

 

 BDM

e-management
Thomas agency
  

 

SILVER SPONSORS

 

DANA
BKD
 

BRONZE SPONSORS

 


 

 
Welcome New Members!
 
Jarod K Mitchell
Reimbursement Manager
Mount Desert Island Hospital
 
John C. Robinson
Senior Financial Analyst
Maine Medical Center
 
Mary E. B. Maynard
Revenue Cycle Analyst Intermediate
Eastern Maine Healthcare System
 
Kelly L Dill
Analyst
Eastern Maine Healthcare System
 
Lisa A Weldon
Senior Vice President
iVantage Health Analytics
 
Nicolle L. Hincks
Denials Specialist
Eastern Maine Medical Center
 
Lisa Edgerly
Supervisor Patient Accounts
Calais Regional Hospital
 
Richard A Moulton
Senior Financial Systems Support Analyst
Maine Medical Center
 
Jessica C Williams
Revenue Cycle Analyst
Eastern Maine Healthcare Services 




 

 




 
Upcoming Education Events
Save the Date


Physician Practice Management 
March 16, 2017
 Augusta


Spring Symposium (2 day)
April 13-24, 2017
Bangor

Region 1 Annual Meeting
May 23-24,  2017
Mohegan Sun

Maine Chapter Annual Meeting
Fall 2017
 

For complete list, visit our 

TAKE ADVANTAGE OF
FREE HFMA WEBINARS
 
An Overview of the Office of Inspector General's 2017 Work Plan
Tuesday, Feb. 14 - 2:00 - 3:30 p.m., CST
 
Healthcare Analytics Design: Smart, Creative, Forward-Thinking
Wednesday, Feb. 22 - 2:00 - 3:00 p.m., CST
 
Healthcare's Identity Crisis: Managing Identities and Authentication Pathways in Health Care
Tuesday, Feb. 28 - 12:00 - 1:00 p.m., CST
 
The Impact of MACRA: Practical Applications and Your Preparation
Tuesday, March 7 - 2:00 - 3:00 p.m., CST
 
Risk Adjustment Best Practices
Tuesday, March 14 - 2:00 - 3:00 p.m., CDT
 
Driving Organizational Effectiveness Through Data Transparency
Tuesday, March 21 - 2:00 - 3:00 p.m., CST
 
New Ways to Pinpoint Data and Improve Your Payment and Retention Strategies
Thursday, March 23 - 2:00 - 3:30 p.m., CDT


 

 
 


 
To access full list of educational webinars click here:

 

  
ME HFMA Newsletter Committee 

Lisa Trundy-Whitten, Chair, 

ltrundy@berrydunn.com

(207) 541-2263

 

Laurie Melanson, Committee Member, 

L.Melanson@fmhospital.com

 

Stephanie Richio, Committee Member,

SRichio@bnncpa.com

 

David Kennedy, Committee Member,

dkennedy@berrydunn.com 

 

Christina Harding, Committee Member,

Chrissi.Harding@MDIHOSPITAL.ORG

 

Next e-Beacon

April 30, 2016
  

Did you miss a Beacon publication? Visit Maine Chapter of HFMA website to view past issues:

 

Past Newsletters

 

 

We are always looking for new ideas and content to improve our newsletter. If you would like to join the Newsletter Commitee or would like to submit comments or ideas, please contact Lisa Trundy-Whitten at

ltrundy@berrydunn.com