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Would you rather receive $119 or more for $100 dollars of Medicare services or $91 for that same $100 of services? That is the bottom line implication of the replacement for the Medicare Sustainable Growth Rate Congress passed in 2015.
The new Medicare Merit Based Incentive Payment System (MIPS) and your other incentives will dramatically affect your Medicare payments and your other payer relationships. These new standards will require new strategies and tactics in patient service, performance management, and business analytics.
Achieving the highest reimbursement will require strategic changes to your operations and forward thinking about meeting the requirements. In fact, the critical path issues for assuring maximum reimbursement include important decisions that may require a realignment of your resources and patient service strategies.
|- Review the components of the Merit Based Incentive Payment System and Alternative Payment Models|
|- Quantify the revenue implications for meeting and avoiding the changes|
|- Examine the timeline and critical path for each aspect of the program|
|- Discuss practical implementation and performance issues|
Ron is a HIMSS Book of the Year award-winning author and has written 8 books on healthcare information technology. His latest book, Medicare Payment Changes and Opportunities, guides practices and healthcare organizations on the strategies and tactics to address the Medicare Sustainable Growth Rate Repeal.
Ron is a nationally recognized thought leader on the selection and implementation of electronic health record and practice management systems. Ron has written hundreds of articles on healthcare information technology, is an independent consultant and has worked with a wide array of clinics, healthcare organizations and vendors across the country.
|- Medical staff composition|