2010 National Medical Transcription Week

It’s hard to believe that 25 years have gone by since President Ronald Reagan signed a proclamation making this week National Medical Transcription Week.

Here are some fun medical transcription facts to keep in mind while celebrating the week:

  • There are 1.2 billion medical records produced in the U.S. every year.
  • 60% of those records are documented via medical transcription/dictation.
  • Dictation/medical transcription is still the preferred method among US physicians for documenting patient encounters.

For more information on the 2010 Medical Transcription Week, please visit AHDI’s web site.

Small Business Credit Conditions Tightest Ever

Federal Reserve Chairman Ben Bernanke announced last week that banks need to restore a proper balance between making loans to creditworthy  borrowers and lending prudence.

He clarified that banks have erred too far on the side of caution since the beginning of the financial crisis, and as a result, “credit conditions for small business are the tightest they have been in recent memory.”

Click here to see the entire story: Bernanke: Small Business Lending Tightest in Recent Memory.

AAPC Moves 2010 Conference to Jacksonville

Due to the recent flooding in Nashville, AAPC’s National Conference has been moved to Jacksonville, Florida. The conference dates, times and educational sessions will remain the same. PRN Funding will still be exhibiting in booth #111 at the upcoming medical coding trade show.

For those who registered prior to the move, here is information to help with the transition:

Help for Nashville AAPC Conference Registrants

2010 National Nurses Week Starts Today

National Nurses Week begins every year on May 6, the birthday of Florence Nightingale, who was the founder of modern nursing.

The American Nursing Association encourages agencies, employers and the general public to show nurses your appreciation this week.

Not sure how to say thanks?

Check out the National Nurses Week Media Kit for great ideas to create positive events that will show nurse appreciation while show-casing your organization!

NY Staffing Association To Hold Health Care Reform Seminar

In this week’s edition of Inside ASA, The American Staffing Association announced that the New York Staffing Association will have a featured luncheon speaker on Super Seminar Day (May 18).

General Counsel, Ed Lenz, intends to speak about how the new health care reform law will affect staffing agencies.

Attendees will also receive a comprehensive written outline of the new health care reform law that will include the following topics:

Major new tax provisions
Requirements for individuals to buy health insurance
Small business tax credits
Employer penalties if employees receive government assistance
Employer notice requirements
Medicare tax withholding obligations
Auto enrollment requirements for certain large employers

For more information, visit the New York Staffing Association web site.

Review of 2010 MTIA Conference

Although we weren’t necessarily thrilled when MTIA decided to raise it’s membership fees, the medical transcription factoring specialists at PRN Funding continued to support the organization.

Part of our allegiance is to exhibit at the 21st Annual MTIA Conference in Daytona Beach. Although it was great for networking, and the show was structured very well, we were disappointed with the attendee turnout. The 2010 numbers were significantly lower than past years.

Q: If you routinely attend the medical transcription trade show, why did you choose to go (or not go) to the 2010 MTIA Conference?