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Overview: This webinar provides an overview of the MACRA legislation and developing regulations and guidelines. We'll help you understand how medical practices will be paid in the future for services to Medicare patients. You'll be asked to choose between two paths. If you choose to participate with other providers in an Advanced Payment Model, the larger organization will be paid for services provided and determine how to share those payments as well as any cost savings among the participants. If you choose the Merit-Based Incentive Payment System (MIPS), your payment rate will vary based on how you perform on a variety of Medicare Quality Programs - PQRS, VBM, Meaningful Use and a 4th new component focused on Quality Improvement. You'll want to know as much as possible about the pros and cons of each option and how to make the right choice for your practice. Why should you Attend: Under the MACRA legislation, your providers will need to choose between participating in an Advanced Payment Model (APM) or participating in the new Merit-Based Incentive Payment System. Making the wrong choice can result in significant reductions in your future Medicare payments. You'll want to understand the options and have a plan in place by January 1, 2017 - that's only 6 months away. Areas Covered in the Session: Learn the requirements of the new MACRA legislation and how it will impact your Medicare payments in 2019 and beyond Find out what you need to be doing now to ensure you don't lose Medicare revenue in future years Understand the options - APM vs MIPS - and how your Medicare payments can increase or decrease under each model Identify what aspects of the new payment methodology are written into the legislation, what has been released through proposed regulations and when final rules are expected. Who Will Benefit: Practice Administrators, CEOs, COOs Physicians and all providers who bill to Medicare Quality Officers Nurse leaders Finance Directors Speaker Pro

Eligible physicians can improve their financial situation by submitting data under MACRA MIPS. The program empowers physicians and patients alike with quality healthcare & cost efficiency.

Eligible physicians can improve their financial situation by submitting data under MACRA MIPS. The program empowers physicians and patients alike with quality healthcare & cost-efficiency.

Eligible physicians can improve their financial situation by submitting data under MACRA MIPS. The program empowers physicians and patients alike with quality healthcare and cost-efficiency.

The modern healthcare industry is the amalgamation of technology and medical services. With this growing trend of health IT, data security and privacy have become the main concerns for physicians. Be it, medical billing, MIPS & MACRA, electronic healthcare records (EHRs), digital collection and storage have taken the paramount place. Read More: https://www.p3care.com/blog/switching-towards-cloud-services-isnt-easy-for-pharmaceutical-industry/ Call us for medical billing services: (844) 557-3227 Visit us: https://goo.gl/maps/XPsjJvfmHzptEs9TA Tags: Medical Services Medical billing services, MIPS 2022, MACRA, MIPS Reporting, Healthcare

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.

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

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.

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.

A study of Cerner's analytics platform shows that physicians spend an average of 16 minutes and 14 seconds on an EHR per patient. That includes the physician's time outside of work too

According to CMS, the year holds comparatively doable reporting requirements as well in an effort to reduce physician burnout. By the introduction of the "Opt-In" policy, clinicians can now participate in the program and win rewards as if they were eligible for it.

The argument that CMS needs to improve MIPS is a thing in the past. Now, the focus is on "how to devise ways that actually implement the change and stands true to its promise of a better healthcare system.

Deciding the best technology for seniors can be difficult, but in this article, we have discussed a few rising trends. While we read more about them, we have to decide which methods are the right fit for us and start working on them for the best outcomes in general and in MIPS reporting. Their use is said to cut down healthcare costs.

Finding solutions to bring those worry-levels down for healthcare professionals can put an end to burnout and improve the quality of care altogether. Physicians are as humans as us, and in this article, we discuss ways in which they can deal with guilt and shame when they fail to complete their tasks of the day.

P3care Solutions has its finger on the pulse of healthcare, at least that's what we intend to achieve. The topic that we chose to write about today has some interesting yet solid statistics of doctors and their time spent on EHRs per patient.

P3care Solutions has its finger on the pulse of healthcare, at least that's what we intend to achieve. The topic that we chose to write about today has some interesting yet solid statistics of doctors and their time spent on EHRs per patient.

The last few months have been tough for the healthcare industry. All stakeholders were trying desperately to assist each other and save resources for COVID-19 response. Of course, meanwhile, CMS also took necessary measures to unburden some of the clinicians' load.

Where physicians have already burned out with COVID -19 cases, the administrative burden of QPP MIPS 2020 was additional pressure. The dynamics have changed. The contact points that were easily accessible before are now operational via online mediums.