Now that the 2021 QPP Final Rule has gone into effect, many healthcare organizations are seeking to implement best practices to maximize incentives and minimize penalties. This requires a solid understanding of the new rule, whether you report using the MIPS...
As the first wave of COVID vaccines gives us all hope for a more normalized 2021 – at least emerging by the spring and beyond – there is a brand-new Federal regulatory compliance requirement that looms on the horizon for medical practices, practice groups, and MSOs:...
For small- to medium-sized practice groups, as well as Private Equity MSOs (Managed Services Organizations), financial reports for medical practices have quickly emerged as an essential tool to optimize efficiency and maximize profitability – not only for growth, but...
As the year draws to a close, the Centers for Medicare & Medicaid Services (CMS) have given us reason to start looking ahead to 2021: recently, the CMS released the Quality Payment Program (QPP) 2021 Final Rule. As many healthcare organizations and practices...
As the year draws to a close, the Centers for Medicare & Medicaid Services (CMS) have given us reason to start looking ahead to 2021: recently, the CMS released the Quality Payment Program (QPP) 2021 Final Rule. As many healthcare organizations and practices...
If you are submitting MIPS for 2020, it might be a good time to consider getting the needed documentation in case you are randomly selected for a MIPS Data Validation and Audit. Due to the vast disruptions caused by COVID-19 and the day-to-day time constraints in a...
“Change is hard at first, messy in the middle, and gorgeous at the end.” -- Robin Sharma Healthcare transformation is happening now. Although briefly slowed and nudged to the side by the COVID pandemic, the shift by payers from the old “fee-for-service” care...
Although the COVID-19 pandemic has spurred innovations throughout healthcare, many medical practices are wrestling with a stubborn trend: Due to anxiety about potentially contracting the virus, many patients are putting off in-person appointments. According to the...
As the calendar page turns over to another year, a big opportunity for medical practices to reduce administrative burden, bill more accurately, and increase profitability and care quality is on the horizon. In 2021, the Evaluation and Management (E&M) coding...
Subscribe to be notified anytime we post more valuable content.