The program, enacted under the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), will affect participating physicians’ payment in 2020. This means physicians have about two months to prepare for what they need to report when the calendar turns to 2018, especially in performance categories that require full calendar year data reporting.
Shrinking reimbursement from payers is on a collision course with rising out-of-pocket responsibility for patients.
Developing objectives and annual work plans requires both physician and staff input, with staff often taking major responsibility for program-related goals once the physicians have defined practice goals.
September 10, 2017 | Source: Physicians Practice
A recent poll by the Medical Group Management Association (MGMA) found that nearly half of practice leaders [47 percent] say their staff members need additional training in customer service. The poll also found that practice leaders see more training needed in the areas of revenue cycle issues, government regulations, and leadership. Physicians Practice recently sat down with Ken Hertz, a principle consultant at MGMA, to dig deeper into the issues practices are having with training staff members.
September 9, 2017 | Source: Physicians Practice
Each office should have a system in place to pursue disputes with health plans and insurance companies
September 8, 2017 | Source: Physicians Practice
It’s not just any health technology, but effective, modern health technology enables advantages.
Have you ever stopped and counted how many opportunities for improvement your practice has when looking at the lifecycle of a single claim?
There are several factors that evolve the good health of your practice, so just looking at how the physician down the street is doing, or the group located across town, or even outside of your area code isn’t as important as knowing your numbers, what your expectations are, and what you are willing to put in to get the desired result.
July 24, 2017 | Source: Medical Economics
An outsourcing company can be more efficient in completing jobs while freeing up other employees to shine in the assignments they were hired to complete. It’s a win-win.
July 21, 2017 | Source: American Medical Association
Regardless of their size, specialty or level of preparedness, medical practices are concerned that the implementation of Medicare’s Quality Payment Program (QPP) will be burdensome and time consuming, according to a new survey conducted by the AMA and the KPMG consulting firm.
July 6, 2017 | Source: Physicians Practice
What are the steps you should follow and what are the mistakes you should avoid making?
July 5, 2017 | Source: American Medical Association
Learn about the reduced penalties and potential for greater bonus payments for practices under Medicare’s Merit-based Incentive Payment System.
July 3, 2017 | Source: Instamed
Put simply, consumers do not view paying their cable or electric bill as different from paying their medical bill or health plan premium.
June 24, 2017 | Source: Source: Healthcare IT News
“Many doctors see MACRA’s requirements as daunting, but Tuesday’s proposed rule helps settle those fears,” AMA President David Barbe said. “This flexible approach will give physicians more options to participate in MACRA and takes into consideration the diversity of medical practices throughout the country.”
June 23, 2017 | Source: Source: Healthcare IT News
But big hurdles related to data, technology and staffing need to be cleared first.
June 21, 2017 | Source: Healthcare IT News
The ONC chief told a Washington gathering the time is right to address the ‘angst’ over EHR design and moving medical records.
June 16, 2017 | Source: Modern Healthcare
More than 500,000 physicians and other providers face a 2% cut in their Medicare payments this year due to poor performance under the Physician Quality Reporting System.
June 14, 2017 | Source: Physicians Practice
Using EHRs in physician practices can mean greater efficiency, cost-effectiveness, and better service for patients. But, as with life, you must take the good with the bad.
June 13, 2017 | Source: Healthcare IT News
While the U.S. was relatively spared from the massive impact from the May ransomware attacks, it’s clear that new cybersecurity threats require updated guidelines, HHS, CMS, ASPR officials say.
May 22, 2017 | Source: Physicians Practice
The first question a practice administrator needs to ask himself about switching to a cloud-based EHR is this: Whose security is better? Yours, as a small- to medium-sized practice, or a company whose business is securing the software they sell?
May 16, 2017 | source: Physicians Practice
While practices are in the first year of reporting under the Medicare and CHIP Reauthorization Act (MACRA), the hard part has yet to come. That’s because the first year of MACRA reporting includes flexible requirements that make it easy for practices to not get hit with any financial penalties.
May 4, 2017 | Source: Healthcare IT News
The HHS secretary said interoperability is needed, but pledged his office will take a “60,000-foot” view.
May 2, 2017 | Source: Physicians Practice
Despite the uncertainty surrounding the Affordable Care Act (ACA), 96 percent of payers are staying in the ACA exchanges in 2018, according to a new survey from Oliver Wyman.