A Monthly Video with HFMA's Joe Fifer | HFMA
A Monthly Video with HFMA's Joe Fifer | HFMA
Sept. 17, 2017
In this video, the CEO and president of HFMA, Joe Fifer, discussed the upcoming transformation of value-based care. This term means physicians will see reimbursement based on the level of quality in their care. Currently, physicians spend 1/3 of their time doing paperwork, and many times have more to bring home to complete. This could be a variety of things such as patient documentation, prescriptions, insurance responsibilities, etc. While this is important, it limits the time the physician has with their patient.
Quality time with patients is essential, especially those suffering from chronic illnesses. This gives the physician more time to understand their patient's life outside of the office, and how that could be impacting their health. Currently, doctors are allotted ~ 20 minutes per patient, and have a quota to reach each day. In this aspect, medicine almost becomes a business.
Joe Fifer discuses this as a positive, but that the physicians may not see it as that. To them, this could mean limiting their time doing paperwork, and other job requirements. Really, this should be a positive for the physicians to be able to understand their patient's and their respective illnesses on a more personal level. This is could make a large different in one's healthcare outcome. He also shows how it will take the entire healthcare organization, and the senior leaders, to address this change. It needs to be understood that the physicians need to spend longer periods of time at each appointment, and may not have as much ability to do all the documentation. This is where medical assistants, secretaries, and medical billers can help.
I think this video is important, because quality-based care is essential to giving the patient the best chance of a strong recovery. It is important to know how your patient's feel, especially in terms of mental illness. Currently, I do not feel that physicians are given enough time to assess all the needs of their patients. I look forward to seeing this transformation occur.
Sept. 17, 2017
In this video, the CEO and president of HFMA, Joe Fifer, discussed the upcoming transformation of value-based care. This term means physicians will see reimbursement based on the level of quality in their care. Currently, physicians spend 1/3 of their time doing paperwork, and many times have more to bring home to complete. This could be a variety of things such as patient documentation, prescriptions, insurance responsibilities, etc. While this is important, it limits the time the physician has with their patient.
Quality time with patients is essential, especially those suffering from chronic illnesses. This gives the physician more time to understand their patient's life outside of the office, and how that could be impacting their health. Currently, doctors are allotted ~ 20 minutes per patient, and have a quota to reach each day. In this aspect, medicine almost becomes a business.
Joe Fifer discuses this as a positive, but that the physicians may not see it as that. To them, this could mean limiting their time doing paperwork, and other job requirements. Really, this should be a positive for the physicians to be able to understand their patient's and their respective illnesses on a more personal level. This is could make a large different in one's healthcare outcome. He also shows how it will take the entire healthcare organization, and the senior leaders, to address this change. It needs to be understood that the physicians need to spend longer periods of time at each appointment, and may not have as much ability to do all the documentation. This is where medical assistants, secretaries, and medical billers can help.
I think this video is important, because quality-based care is essential to giving the patient the best chance of a strong recovery. It is important to know how your patient's feel, especially in terms of mental illness. Currently, I do not feel that physicians are given enough time to assess all the needs of their patients. I look forward to seeing this transformation occur.
That's a real challenge. There are physicians who are opting out of the system all together and going to concierge or direct primary care models that allow them to spend as much time as they feel they need with their patients.
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