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PhysBizTech & ADP AdvancedMD Webinar to Help Physicians Prepare for Upcoming Reductions in Medicare Reimbursements

ADP AdvancedMD Partner Anne Dunne of Grassi & Co. to Co-Present at October 18th Webinar Event on CMS Cuts to Specialists

SALT LAKE CITY, UT – (October 17, 2012) – ADP® AdvancedMD, a leader in all-in-one, cloud-based electronic health record (EHR), practice management (PM), and medical scheduling software as well as medical billing services, today announced a webinar titled “Preparing for the 2013 Medicare Cut and Improving Your Practice’s Long Term Financial Performance,” with Frank Irving, editor of PhysBizTech and Anne M. Dunne, Director of Healthcare Management Consulting, Grassi & Co, an ADP AdvancedMD partner. The complimentary webinar takes place on Thursday, October 18 from 12-12:30 p.m. Eastern / 9-9:30 a.m. Pacific time. Participants will learn about the Centers for Medicare and Medicaid Services’ (CMS) rule imposing a seven percent reduction in specialists’ pay for 2013, on top of proposed “sustainable growth” reductions of 27 percent.

Participants will learn valuable insights including:

  • Best practices to improve a practice’s financial policies
  • Strategies to improve a practice’s self-pay collections
  • Must-know strategies to improve a practice’s collections from payers
  • Benchmarks to continue monitoring financial performance of a practice
  • Best practices to improve a practice’s financial policies

“This webinar focuses on critical steps to take to improve financial performance in the face of a seven percent reduction in specialists’ Medicare pay in 2013, in addition to a proposed 27 percent cut in CMS pay triggered by the sustainable growth rate formula,” said Anne M. Dunne, director of healthcare management consulting, Grassi & Co., an ADP AdvancedMD partner. “By being aware of this specific information, private practices can better position themselves for financial health, both for these cuts and for other financial pressures unrelated to Medicare.”

“In 2013, small physician practices will need every tool they can access to ride the waves of Medicare cuts; we hope this webinar can provide a strong foundation for a continuing dialogue on innovation that can help private practices maintain their independence from hospital employment,” said Raul Villar, president, ADP AdvancedMD.

Register for this October 18th webinar here or here: http://www.physbiztech.com/resource/webinars.

 ADP AdvancedMD Resources­­­­­

About ADP:

Automatic Data Processing, Inc. (NASDAQ: ADP), with about $10 billion in revenues and approximately 570,000 clients, is one of the world’s largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of human resourcepayrolltax and benefits administration solutions from a single source. ADP easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine,recreational vehicle, and heavy equipment dealers throughout the world. For more information about ADP or to contact a local ADP sales office, call 800 225-5237 or visit www.ADP.com.

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Jim Elliot
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“[Our] patients are very well-educated and well-informed, and they want to see results quickly. The practice has to run extremely efficiently and be accessible to them. The nice thing about [AdvancedMD] is it has allowed me to be more efficient both in and out of the office. Now I don’t have to come back into the office, which is great for my family and everything else. It saves me a lot of time – probably an hour a day on the three days I work in the second office.”

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Center for Balanced Health

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“If you want to be focused on your practice and not worry about infrastructure, this is it. It’s transparent, just like when I plug something into the wall I’m not worried about what the voltage is and what’s the availability; it’s just there—like AdvancedMD. It does it so well sometimes you don’t appreciate it until you really think about it.”

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Occupational Therapist

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