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Medical Practice Simulation

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Mike Vaughan, Regis Learning Systems (RLS) & William Probeck, ... from capitation payments. Forecast growth rates and seasonal adjustments. for each payer ... – PowerPoint PPT presentation

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Title: Medical Practice Simulation


1
Interactive Learning Panel February 26, 2007
800 amSession 116
Medical Practice Simulation The New Gold
Standard of Experiential Learning
Mike Vaughan, Regis Learning Systems (RLS)
William Probeck, Medical Group Management
Association (MGMA) Training 2007 Conference,
Orlando, FL
2
What is the Simulation?
3
Simulation Video
4
Responsive Modeling Technology
You cant game this simulation
5
Simulation Overview
Medical Practice Case Study
Professional development for over 20,000
associates who manage and lead medical group
practices.
6
Medical Practice Business Issues
  • Insurance complexities
  • Government regulations
  • Compliance
  • Physicians/Owner resources
  • Increasing demand
  • Planning and growth

7
Simulation Format
8
Simulation Home Page
See your most important performance metrics
9
Feedback after each Round
See Simulation- generated feedback after each
round
10
Simulation Performance Index
The Medical Practice Scorecard provides a
snapshot of the most important performance
metrics and a composite score for the overall
operational and financial health of the practice
the Simulation Performance Index (SPI).
11
Tasks to Complete for Current Round
Situational information to get you started
12
Sample Screen Shots - 1
View dashboards for all medical
practice simulation metrics with benchmarks
Pro formas
Payer and associated physician income in one
interactive snapshot
13
Sample Screen Shots - 2
Forecast growth rates and seasonal adjustments
for each payer
Forecast expected revenue from capitation payments
Evaluate and decide to keep or terminate payer
agreements/ contracts
14
To Sum it all Up
This is your brain
This is your brain on MGMAs new Medical
Practice Simulation!
15
Questions
Lead with confidence
www.mgma.comwww.regislearning.com
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