JanuarySuccessfully launched the Data Warehouse on January 1, 2018, approved by CMS as a 2018 and 2019 Qualified Clinical Data Registry (QCDR).
JanuaryThe 2018 E-Learning Series launched, allowing members to attend 11 free webinars on a variety of essential practice management topics.
AprilThe Certified Evaluation & Management Auditor – Orthopaedics (CEMA-O), the only E&M certification specific to orthopedics, offered in partnership with the National Alliance of Medical Auditing Specialists (NAMAS).
JuneNew AAOE On Demand Learning Center launched to provide a more user-friendly platform for accessing educational content.
JulyFour-part AAOE Opioid Education Series offered with CEUs and CMEs to provide practices with the information needed to address the opioid epidemic.
NovemberThe O-CHCP, powered by Healthcare Compliance Pros, offered to ease the regulatory burden that comes with managing compliance requirements.
NovemberAAOE was successful in pushing back a comment period deadline set by CMS on its proposal to move off-the-shelf back and knee orthotics to the Medicare DMEPOS Competitive Bidding Program.
Tammie Simao, CMPE
2018-2019 AAOE Treasurer
AAOE 2018 reflects a year of investments in the growth of AAOE and resources available to members. There was a decrease in net revenue compared to 2017 of $579,620. The decline in net revenue was substantially attributable to a net investment of $349,874 in the Data Warehouse and investments in contracted marketing services.
Net revenue was $298,324 less than budgeted due to Board approval, throughout the year, to increase funding for the Data Warehouse.
Our investments experienced a market loss of $96,172 resulting in a balance of $864,665 at year end. Our cash balance was $994,108.
The Board approved the budget for 2019 which reflects a continued focus and investment in the Data Warehouse.
An external audit conducted by Kehlenbrink, Lawrence & Pauckner CPAs of the 2018 financials was completed. There were no recommendations for improvement, and we were found to be compliant with the AAOE Financial Policies and Procedures.
Lastly, I would like to thank the AAOE Board of Directors and Addy Kujawa, CEO for their dedication and leadership.
Membership numbers remained steady in 2018, with 268 new members and a strong 84% renewal rate.
The Membership Council undertook a few different initiatives to enhance membership benefits and expand awareness of AAOE membership, including:
- Reviewing the AAOE membership application
- Reviewing the Awards of Excellence program
- Conducting outreach to university MHA programs to solicit student members
- Conducting outreach to AAOS State Societies to help surgeons understand the importance of getting their administrators involved with AAOE
*Total members, including 34 Emeritus Members, is 1600
CEO's Look Ahead
Addy M. Kujawa, CAE
Chief Executive Officer, AAOE
2018 was a year of innovation, transformation, and collaboration, and we were here for it! Any good organization will continue to keep those at the forefront for continued growth and success and AAOE is no different. Here are some of the highlights of what’s coming in 2019!
50th Anniversary: If you haven’t heard, this is AAOE’s (BONES) 50th year! And we are going all out! We produced a video, a book, and a mural. We invited all Past Presidents to attend the conference – on us! 18 are joining us and we are excited to thank them personally for their contributions over the years. If you’re at the Annual Conference, you’re getting to experience all this in person. If you didn’t make it to Nashville, watch the video here, read the book here, order a personal copy for yourself (while supplies last) here, and enjoy our interactive timeline here.READ MORE