great lakes gazette
TRANSCRIPT
1
GREAT LAKES GAZETTE
HFMA
A Publication of the Great Lakes Chapter of the Healthcare Financial Management Association
Spring 2015 April, 2015
CERTIFICATION NEWS!
According to the HFMA Value Project, the pursuit of value in health care includes developing value based people and culture in our organizations. This requires the ability of finance professionals to work with key clinicians to create value. One way you can prepare for the future is to demonstrate a high level of commitment to the health care field by becoming certified. Certification enhances your credibil-ity in the industry by validating your skills and knowledge while demonstrating your ongoing profession-al development. Last fall the region offered a webinar series on certification. We had 23 members participate in the webinars which accumulated a total of 112 hours for CPE. The 4 webinars are available for viewing on the Tennessee HFMA Chapter website for viewing at your convenience (no CPE’s are available for this viewing). Our chapter currently has 24 certified members. We recently asked members to complete a survey tool with three questions related to certification. The survey results are included at the end of this newsletter. 21% of those responding to the survey indicated that they are certain to pursue or very interested in achieving certification. There will be some changes impacting the Certification program beginning June 2015. HFMA has re-invented the CHFP Certification Program to prepare leaders for a new era in health care. Traditionally the focus of certification was to demonstrate competence in finance and accounting. The reconfigured CHFP program’s goal is to build a broad understanding of healthcare finance with leadership skills, business acumen and practical knowledge with a collaborative spirit. The new CHFP consists of two online modules dealing with The Business of Healthcare and Operational Excellence. For those individuals currently pursuing certification you may have the option to continue the traditional CHFP program if you acquire the online study materials before April 30, 2015. This would allow you to continue under the traditional CHFP testing module through April 30, 2016. Alterna-tively you may wait until June 2015 to pursue the revised certification format. Please refer to hfma.org/certification for more information related the new program and/or options for pursing the traditional pro-gram for a period of time. I urge anyone interested, particularly those members who answered certain or very interested in pursuing certification to contact me (Mark Thompson, Certifica-tion Chair) at [email protected] .
2
NEWSLETTER COMMITTEE’S MESSAGE
We are always looking for articles, job openings or local Great Lakes content for the newsletter. Please feel free to call, fax or email your materials to myself , Cheryl or Liz. Sincerely, Mark Kato Cheryl Kotenko Alicia Kozak 989‐839‐1834 989‐839‐3184 989‐839‐3732 [email protected] [email protected] [email protected]
CHAPTER HAPPENINGS
The 2015 annual technical update was held on January 30th this year at the McLaren Bay Lincoln Center to discuss and review many key topics in the ever changing healthcare industry. The topics covered included FASB and A&A Update by Plante Moran’s Nicole Sulak, CPA Impact of Final 501(r) Regulations by Plante Moran’s Carol Lalonde, CPA Considerations for Internal 340B Program Audit Activity by Vicki Mueller, CPA from Wipfli
LLP Federal regulatory Update by Maria Abrahamsen from Dykema GLHFMA would also like to say thank you to all of presenters and panel members.
3
2015 Winter Social Event Dave & Busters
A huge thank you to CBM Services for their sponsorship of this event!
4
Great Lakes Chapter Officers
President Josh Wiggins
President Elect Brent Smith
Secretary Melissa McAfee
Treasurer Jeramie Soderberg
Past President Amy Bilyea
Board Members
Regina Bergh Anthony Doud Chad Gutzman Gerald Artman
Directors Northern Michigan
Tabitha Rudolph
Upper Peninsula
Mary Lalonde
COMMITTEES
2014 —2015 Great Lakes Chapter Leadership
Membership Directory Chair:
Elizabeth Hooper-Linn
Vice Chair: Pam Allen
Mentoring
Chair: Andrea Barnes
Members:
Melissa McAfee
Program Chair:
Nicole Sulak
Members: Gerald Artman
Amy Bilyea Donald Dingman
Kim Frye Erich Koch
Sponsorship
Chair: Patty Davis
Members:
Nicole Sulak
Audit & Finance Carolyn Obrecht
Certification
Chair: Mark Thompson
Vice Chair:
Elizabeth Hooper-Linn
Members: Brian Buckingham
Gina Butcher Marilyn Skrocki
Link Chapter Repre-
sentative: Sam P Niemi
Membership
Chair: Tom Matonican
Members:
Regina Bergh Josh Wiggins
Josh Richards Jeramie Soderberg
Networking Chair:
John Rynearson
Vice Chair: Andrew Moessner
Members:
Gerald Artman Nick Maeder
Mike Cwik
Newsletter Chair:
Mark Kato
Vice Chair: Cheryl Kotenko
Members:
Alicia Kozak
Web Site Chair:
Jeff Werner
Vice Chair: Pam Allen
6
Smartphone Apps: A Growing Trend in Medicine Lizabeth Brott, J.D., ProAssurance Regional Vice President, Risk Resource A smartphone isn’t just a phone; it’s a miniature computer. We surf the web, email, play games, and use smartphones and other wireless devices as tools for work. This explosive growth in use has been aided by mobile applications (“apps”). Today physicians can monitor a patient’s vital signs, download patient schedules, access medical records, dictate office notes, and consult with other physicians without enter-ing a clinical setting. Greater Access, New Risks As with any new medical device, there are risks to consider. Mobile devices “are considered one of the most vulnerable areas for [privacy] breaches.”1 This is in part due to security assessments that failed to address the use of mobile devices.2 The Health Information Technology for Economic and Clinical Health (HITECH) Act requires notification whenever a breach of unsecured protected health information (PHI) occurs.3 Additionally, the Department of Health and Human Services requires security of PHI on storage devices (hard drives), transmission media (cyberspace), and portable electronic media (e.g., smartphones).4 Reference guides, such as Epocrates, should not be a HIPAA risk. However, apps that transmit PHI could be intercepted by hackers or corrupted by a virus. Regardless of whether a physician’s mobile de-vice is used to access, transmit, or store PHI, consider all HIPAA and HITECH requirements. HIPAA re-quires data security and proper destruction, and retention of PHI, when appropriate. What Can You Do? Review potential wireless apps to ensure security of PHI at all levels; Limit the type of app that can be used based upon the individual app’s level of security; Use encryption software that makes data unusable by intercepting parties; Develop a security policy addressing mobile devices and the types of apps that can be used, along
with the appropriate use and destruction of PHI data; Develop an eDiscovery policy for retaining PHI in the event of litigation; seek assistane from your at-
torney or your medical professional liability carrier’s risk management staff; and Work closely with IT personnel to address all security issues. ______________________
1Dolan, P. “Large settlement for data breach sends message to lock up laptops and smartphones.” American Medical News, September 28, 2012, http://www.amednews.com/article/20120928/ business/309289995/8/ (accessed August 27, 2013). 2, 3, 4“Modifications to the HIPAA Privacy, Security, Enforcement, and Breach Notification Rules Under the Health Information Technology for Economic and Clinical Health Act and the Genetic Information Nondiscrimination Act. Copyright © 2015 ProAssurance Corporation
This ar cle is not intended to provide legal advice, and no a empt is made to suggest more or less appropriate medical conduct.
ProAssurance is a na onal provider of medical professional liability insurance and risk resource services. For more infor-ma on about the company, visit ProAssurance.com.
7
Michael Mertz Financial Analyst
Covenant Healthcare
Carrie Gray Director of Business Intelligence
iNDIGO Health Partners
Sara Henderson Staff Accountant
Huron Medical Center
Erika Lyons-Simrau Senior Accounting Coordinator
Munson Healthcare
8
PUBLICATION POLICIES
The Great Lakes Gazette is the official publication of the Great Lakes Chapter Healthcare Financial Management Association. Our objective is to provide members with information regarding Chapter and national activities, with current and useful news of both national and local significance to healthcare financial professionals, and serve as a forum for the exchange of ideas and information.
Opinions expressed in articles or features are those of the author and do not necessarily reflect the view of the Great Lakes Chapter, the Healthcare Financial Management Association, or the Editor. The Editor reserves the right to edit material and accept or reject contributions whether solicited or not. All correspondence is assumed to be released for publication unless otherwise indicated.
11
Great Lakes HFMA Career Page http://www.greatlakeshfma.org/site/epage/4370_262.htm
HFMA National Career Page http://jobbank.hfma.org/c/search.cfm?site_id=7251 If you want any job postings listed on the web site please email the information to Mark Kato at [email protected] This is a free service for Healthcare members with at least one member in the Great Lakes Chapter. If a Hospital does not have any member in the Great Lakes Chapter the cost is $125.00 per posting.
2014-15 Davis Chapter Management Year
CBSC Progress Report
3 Westbrook Corporate Center - Suite 600 - Westchester, IL 60154
(800) 252-4362 - FAX (708) 531-0032 - www.hfma.org
For Period 5/1/2014 - 3/11/2015
C B S C We i g h t 30 20 15 20 5 5 5
Education Hours Education Hours
Certification (2)
Membership Days Cash
on Hand (3)
Membership
Overall
Satisfaction (1)
Overall
ScoreDCMS On-Time Reporting (4)
Lesser of
0.5% growth or 16.2 hours/member
Equivalent of
HFMA overall
goal
Lesser of
60%very or
extremely
satisfied or 5%
improvement
% Certified Members =
HFMA average (8.2%)
or 5% improvement
(must be at least 1
member)
40%
Provider
RegionChapter Name
Chap.
No.
(total education hours) (hours/member) Between
150-600
Days. GoalActual GoalGoal
Goal
Actual Actual
Chapter EventsChapter
Require
mentsQ1 Q2 Q3 Q4 Newsletters
Actual
%
certifiedActual
Board
Compo
-sition
059 06 2,567.2 2,647.0 8.8 9 9.2 259 8.2% 139.6 9.7%Great Lakes Chapter
36/12 * 10/18 * 8/16 * 3/15 289 82% 62%
030 06 8,699.4 5,811.7 16.2 9 10.8 489 4.6% 261.6 5.2%Northeast Ohio Chapter
34/8 * 8/18 * 5/10 * 1/12 537 73% 73%
025 06 2,982.1 2,378.4 16.0 9 12.9 189 8.2% 189.3 8.6%Northwest Ohio Chapter
33/6 * 9/18 * 5/10 * 6/18 185 86% 90%
036 06 5,738.7 4,481.9 13.5 9 10.6 377 8.2% 206.5 7.6%Southwestern Ohio Chapter
34/8 * 9/18 * 4/8 * 5/9 422 62% 56%
009 06 5,102.8 4,822.5 14.1 9 13.4 338 8.0% 268.6 6.4%Western Michigan Chapter
66/12 * 8/16 * 9/18 * 2/8 360 70% 55%
001 07 17,093.0 12,101.7 11.8 9 8.4 1,380 5.9% 314.4 5.3%First Illinois Chapter
46/12 * 6/12 * 3/6 * 0/14 1,441 64% 61%
026 07 13,510.8 9,938.9 16.2 9 11.9 763 7.8% 291.0 7.7%Indiana Pressler Memorial
Chapter 49/18 * 8/16 * 2/4 * 6/18 834 56% 73%
064 07 5,297.4 2,953.2 16.2 9 9.0 305 8.2% 483.0 7.6%McMahon-Illini Chapter
43/6 * 7/14 * 4/8 * 1/24 327 77% 63%
054 07 2,689.2 2,588.2 16.2 9 15.6 179 8.2% 248.0 9.6%Southern Illinois Chapter
32/4 * 5/10 * 3/6 * 1/4 166 83% 78%
002 07 10,152.7 8,082.4 15.2 9 12.1 652 8.2% 500.1 8.7%Wisconsin Chapter
47/14 * 13/26 * 8/16 * 1/20 666 67% 60%
008 08 6,220.8 6,845.5 16.2 9 17.8 369 8.2% 483.8 7.8%Greater St. Louis Chapter
320/40 * 11/22 * 7/14 * 0/86 384 58% 72%
022 08 4,555.2 3,531.0 13.3 9 10.3 315 7.1% 457.1 5.8%Heart of America Chapter
38/16 * 8/16 * 6/16 * 0/18 342 57% 66%
019 08 6,787.8 7,711.9 16.2 9 18.4 428 8.2% 352.3 16.2%Iowa Chapter
311/22 * 14/28 * 13/26 * 5/22 419 67% 68%
012 08 10,319.4 8,752.2 16.2 9 13.7 594 6.7% 310.0 6.1%Minnesota Chapter
317/34 * 15/30 * 11/22 * 0/30 637 53% 49%
(1) Current year's Membership Overall Satisfaction Survey results reported in Jan. | (2) The percentage certified fluctuates throughout the year. |
(3) Days Cash on Hand is a static number calculated on the prior year's year-end QuickBooks balance and is reported in the Fall | (4) Education and Newsletter reporting period due dates: Aug. 10, Nov. 10, Feb. 10, May 10.
1:05:14PM3/11/2015 Page 3 of 5