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MIPS eligible clinicians! Do you know if you report MIPS 2021 as per the proper guidelines, you can earn up to 5% incentives and even qualify for a bonus pool worth $500 million?

Since the healthcare industry has taken serious measures to revamp healthcare services, the emphasis on incentive payment programs has increased. MIPS and MACRA, and more offer facilities to physicians that regular payment method can never provide

Its emphasis on the implementation of EHR technology throughout the USA. Moreover, it is also in accordance with the MIPS quality measure Promoting Interoperability (PI) in which physicians use innovative methods to improve the quality of care services.

Before we go into the details, the Merit-based Incentive Payment System (MIPS) comes under the direct obligation of the Medicare Access and CHIP Reauthorization Act (MACRA), the law that regulates the incentive program across the US.

Healthcare IT makes the use of technology for better outcomes. Such applications will facilitate the reimbursement process and providers in general. P3, as an MIPS consulting service, assimilates with technology to report on behalf of the providers and value-based care will only benefit from these technological marvels.

P3Care counters misinformation around topics of medical billing or MIPS 2020 reporting about the much-talked-about coronavirus. Yes, the Wuhan-born virus is breaking news on every news channel in the world. A session held on Friday in New York City by the Center for Disaster Medicine at New York.

We are dealing with a public health emergency, and CMS has proactively come forward to facilitate clinicians in Quality Payment Program (QPP). This year, the final rule for QPP MIPS data submission required some flexibility to accommodate the pressure.

CMS announces a decline of $15 billion in Medicare Fee-For-Service improper payments. The money that is going to come into the system is going to aid programs like MIPS 2020 and APMs and value-based care in general.

CMS proposed changes for ACO participation in SSP in compliance with QPP MIPS for MVPs. These changes are expected to be effective from next year 2021.

The founders envisioned the name, P3Care, after many brainstorming sessions and practically evaluating the stakeholders in the healthcare industry. After a critical analysis, they concluded that three entities are under the direct influence of the healthcare sector - Patients, Providers, and Payers. You cannot exclude any one of them if you look at the process, starting with the patients visiting the doctors and ending up with the doctors getting paid for their services.

Improvement in health is directly proportional to the well-being and happiness of the people. Health also effects the economic and financial growth of a society or a state. The Medical Billing Service is also contributing to the welfare of the community.

Currently, the healthcare system is going through a critical phase that involves shifting paradigms, from the volume-based model to the value-based reimbursement system. All of this is intended to minimize healthcare costs and raise the quality of care.

Healthcare Solutions meets the challenges posed by Medicaid meaningful use program in a systematic and timely manner. It is noticed that many healthcare professionals are using healthcare IT consultants to collaborate and construct a plan to deal with technology addressing the value-based reimbursement system.

The medical profession is very noble if we look at it from a patient's perspective. If we look at it from a student's viewpoint, it requires a lot of hard work. However, we are here to discuss how medical professionals look at their jobs and what keeps their clock ticking! Why they do what they do? I will share with you the reasons behind their everyday motivation.

P3 Healthcare Solutions is been offering professional medical billing services for quite some time now. The process starts from the consultation session where providers are informed about every detail from coding, billing to the latest strategies for smoothly running the revenue cycle. We aim to empower physicians with transparent and accurate billing practices.

What is the first thing that comes to mind when you hear the word medical billing outsourcing? That, as a medical professional, you can trust them or not! With the HIPAA Security Rule in place and the law getting stricter by each passing day, it is the most relevant thought.

Engagement of patients or consumers of health care is what's required of the system currently. Many health IT vendors continue to work in that direction resulting in a considerable increase in patient engagement.

p3-healthcare-solutionsThe virus that has the Chinese authorities on high alert and affectees on their beds is undermining the rights of Chinese, especially in the Wuhan region.

The healthcare industry is going to be evolving now more than ever in 2020. Physicians, medical billing companies, health IT leaders, clearinghouses, governing authorities, insurance companies, thus, everybody is up for quality care services.

Studies show that physicians have to pay approximately $1 million to deal with the post-payment integrity audits. It is concerning, especially, when we are trying to minimize healthcare expenses.