85 episodes

As healthcare business consultants, we are committed to helping healthcare organizations and professionals navigate the healthcare industry. Our discussion will focus on current events in the healthcare industry and how leaders in healthcare organizations can effectively overcome challenges.

Coffee with Coke‪r‬ Coker Group

    • Medicine
    • 5.0 • 8 Ratings

As healthcare business consultants, we are committed to helping healthcare organizations and professionals navigate the healthcare industry. Our discussion will focus on current events in the healthcare industry and how leaders in healthcare organizations can effectively overcome challenges.

    Updates to the Final Medicare Physician Fee Schedule Rule

    Updates to the Final Medicare Physician Fee Schedule Rule

    Alex Kirkland joins Mark to discuss changes to the Medicare Physician Fee Schedule (MPFS) final rule. On December 27, 2020, Congress passed and the President signed into law the Consolidated Appropriations Act. The stimulus bill provided temporary relief by partially mitigating cuts to the conversion factor in 2021.
     
    Podcast Information
    Subscribe to our feed in Apple Podcasts, Google Podcasts, Spotify, Audible, or your preferred podcast provider. Like what you hear? Leave a review!
    We welcome all feedback from our listeners. Email us questions on any of the topics we discuss or questions about issues that interest you. You can also provide recommendations on matters for future episodes. 
    Please email us: feedback@cokergroup.com Connect with us on LinkedIn: Coker Group Company Page Follow us on Twitter: @cokergroup Follow us on Instagram: @cokergroup Follow us on Facebook: @cokerconsulting  
    Episode Synopsis
    Many payers use the Physician Fee Schedule (PFS) as the foundation for their rates and how they set their conversion factor. Although the stimulus bill only affects Medicare reimbursement for physician professional services, the impact will extend beyond Medicare. The stimulus package provides support only during 2021, so the full 10% cut to the conversion factor is still expected in 2022.
    Medical groups need to analyze their financial impact through a CPT level revenue and wRVU compensation analysis. The important concept is compensation increases should not outpace reimbursement, meaning you can’t afford to pay more than your revenue allows.
    There are also fair market value (FMV) and commercially reasonable (CR) implications and issues to consider. The new regulations state that a hospital may not value a physician’s services at a higher rate than a private equity investor or another physician practice.
    Click the play button to listen to the episode.
     
    Extras
    Estimate the Financial Impact of 2021 E/M Coding Changes
    Episode 82: How the MPFS Final Rule Impacts Medical Practices (and What to Do about It)
    Webinar Replay: 2021 E/M Coding Changes: What Healthcare Professionals Need to Know

    • 22 min
    How the MPFS Final Rule Impacts Medical Practices (and What to Do about It)

    How the MPFS Final Rule Impacts Medical Practices (and What to Do about It)

    Aimee Greeter and Taylor Cowart join Mark to unpack how the Medicare Physician Fee Schedule (MPFS) final rule impacts medical practices (both employed and private), and offer suggestions to handle the 2021 changes to wRVUs and Medicare reimbursement for professional services.
     
    Podcast Information
    Subscribe to our feed in Apple Podcasts, Google Podcasts, Spotify, Audible, or your preferred podcast provider. Like what you hear? Leave a review! Not there? Let us know!
    We welcome all feedback from our listeners. Email us questions on any of the topics we discuss or questions about issues that interest you. You can also provide recommendations on matters for future episodes. 
    Please email us: feedback@cokergroup.com Connect with us on LinkedIn: Coker Group Company Page Follow us on Twitter: @cokergroup Follow us on Instagram: @cokergroup Like us on Facebook: @cokerconsulting  
    Episode Synopsis
    COVID-19 drew everyone’s focus in 2020, and the surges around the holidays have moved the battlefront and center. In the fray, the Centers for Medicare and Medicaid Services announced big changes to evaluation and management codes that few are prepared for. Budget neutrality dictates there will be “winners” and “losers” throughout 2021.
    Aimee and Taylor provide an overview of how the final rule will affect certain specialties, and what hospitals and private medical practices need to do.
    Click the play button to listen to the episode.
     
    Extras
    E/M and ME: How Will the 2021 E/M Coding Changes Impact Medical Practices?
    Estimate the Financial Impact of 2021 E/M Coding Changes
    PSA Progression: What’s Next in the Evolution of Professional Services Agreements?

    • 29 min
    How to Quantify Risk with the Distress Index

    How to Quantify Risk with the Distress Index

    Richard Romero and Jeremy Johnson join Mark to discuss the Polsinelli|TrBK Distress Indices, which track bankruptcy statistics. The Distress Index is designed to capture distress in the market place and quantitatively present market place stress for healthcare valuators.
     
    Podcast Information
    Subscribe to our feed in Apple Podcasts, Google Podcasts, Spotify, Audible, or your preferred podcast provider. Like what you hear? Leave a review! Not there? Let us know!
    We welcome all feedback from our listeners. Email us questions on any of the topics we discuss or questions about issues that interest you. You can also provide recommendations on matters for future episodes. 
    Please email us: feedback@cokergroup.com Connect with us on LinkedIn: Coker Group Company Page Follow us on Twitter: @cokergroup Follow us on Instagram: @cokergroup Like us on Facebook: @cokerconsulting  
    Episode Synopsis
    Jeremy provides an overview of the Distress Index and how one could use the index to understand distress in the healthcare market. The Distress Index tracks all Chapter 11 bankruptcies, and there are two sub-indices for real estate and healthcare.
    Throughout this episode, Mark, Richard, and Jeremy explain how consultants and valuators use this data to understand the healthcare market and apply it to healthcare valuation. Risk is a significant factor in healthcare valuation and transaction advisory services. The Distress Index helps quantify the level of industry risk.
    Click the play button to listen to Richard and Jeremy discuss the Distress Index.
     
    Extras
    The Distress Index
    Blog: Recognizing and Mitigating Key Areas of Risk
    Blog: The Impact of COVID-19 on Business Valuation

    • 52 min
    Top Five Healthcare Trends in 2021

    Top Five Healthcare Trends in 2021

    Taylor Cowart and Max Reiboldt join Mark to discuss the top five trends they expect to see during 2021. COVID-19 changed the entire world in just a matter of weeks, completely upending the status quo. Max and Taylor discuss how these changes will affect the healthcare industry in 2021 and beyond.
     
    Podcast Information
    Subscribe to our feed in Apple Podcasts, Google Podcasts, Spotify, Audible, or your preferred podcast provider. Like what you hear? Leave a review! Not there? Let us know!
    We welcome all feedback from our listeners. Email us questions on any of the topics we discuss or questions about issues that interest you. You can also provide recommendations on matters for future episodes. 
    Please email us: feedback@cokergroup.com Connect with us on LinkedIn: Coker Group Company Page Follow us on Twitter: @cokergroup Follow us on Instagram: @cokergroup Like us on Facebook: @cokerconsulting  
    Episode Synopsis
    Top Five Healthcare Trends for 2021
    Post-COVID Transactions Political Transition Value-Based Arrangements Operations and Efficiencies Telehealth Click the play button to listen to Max and Taylor discuss these five trends.
     
    Extras
    Blog Post: Top Five Healthcare Trends for 2021
    2020 Telehealth Survey – Summary of Results
    2020 Telehealth Survey – Summary of Results, Part 2

    • 44 min
    Pandemic Exposes Vulnerabilities in Healthcare Organizations

    Pandemic Exposes Vulnerabilities in Healthcare Organizations

    Coffee with Coker host, Mark Reiboldt, reviews the lessons we learned from the pandemic in 2020 and considers how to apply these lessons to a crisis moving forward.
     
    Contact Information
    Subscribe to our feed in Apple Podcasts, Google Podcasts, Spotify, Audible, or your preferred podcast provider. Like what you hear? Leave a review! Not there? Let us know!
    We welcome all feedback from our listeners. Email us questions on any of the topics we discuss or questions about issues that interest you. You can also provide recommendations on matters for future episodes. 
    Please email us: feedback@cokergroup.com Connect with us on LinkedIn: Coker Group Company Page Follow us on Twitter: @cokergroup Follow us on Instagram: @cokergroup Like us on Facebook: @cokerconsulting  
    Episode Synopsis
    Mark discusses the weaknesses and vulnerabilities the pandemic exposed in healthcare organizations. Ideally, if we can identify and address these vulnerable areas pre-crisis, we can mitigate the severity once a crisis arises.
    Mark reviews three categories: financial planning and performance, technology and compliance, and operations.
     
    Extras
    COVID-19 Pandemic Exposes Vulnerabilities in Healthcare Organizations (Part 1)
    COVID-19 Pandemic Exposes Vulnerabilities in Healthcare Organizations (Part 2)
    COVID-19 Pandemic Exposes Vulnerabilities in Healthcare Organizations (Part 3)

    • 23 min
    Episode 78: Answering the Question, What Do Healthcare Consultants Really Do?

    Episode 78: Answering the Question, What Do Healthcare Consultants Really Do?

    Coffee with Coker host, Mark Reiboldt, provides an answer to frequently asked questions over the years. What is healthcare consulting? What do healthcare consultants do? Why would I need to hire a healthcare consultant?
     
    Contact Information
    Subscribe to our feed in Apple Podcasts, Google Podcasts, Spotify, Audible, or your preferred podcast provider. Like what you hear? Leave a review! Not there? Let us know!
    We welcome all feedback from our listeners. Email us questions on any of the topics we discuss or questions about issues that interest you. You can also provide recommendations on matters for future episodes. 
    Please email us: feedback@cokergroup.com Connect with us on LinkedIn: Coker Group Company Page Follow us on Twitter: @cokergroup Follow us on Instagram: @cokergroup Like us on Facebook: @cokerconsulting  
    Episode Synopsis
    In general, consulting firms provide a professional service by advising their clients on a specific matter. Healthcare consultants could focus on healthcare technology implementation and improvement, medical group business operations, or strategic planning for a health system, to name a few.
    As a firm, Coker Group focuses on all aspects of healthcare business. Our goal is to optimize the business of healthcare for each of our clients, focusing on five core areas: strategy, operations, finance, technology, and compliance. Our main focal point is the healthcare providers and their specific needs within their healthcare practice. We customize our approach to every project to ensure our clients receive the best value.
     
    Extras
    Learn more about Coker Group

    • 16 min

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5.0 out of 5
8 Ratings

8 Ratings

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