ARRA – The American Reinvestment & Recovery Act was legalized on February 17th, 2009. It aimed to revolutionize many economic and social sectors including healthcare. Health Information Technology for Economic and Clinical Health (HITECH) Act was also one of its considerations. This act was in great support of the meaningful use of the electronic healthcare…
Details
Value-based healthcare services have not only changed the patients’ healthcare standard but also the physicians’ payment model. Value-based reimbursement models encourage clinicians to adopt methods that make healthcare easy and efficient. Programs like MIPS, MACRA, and more depict value-based care system and allow physicians to achieve rewards and bonuses. The purpose is value-based reimbursement models…
Details
Healthcare industry emphasizes on value-based medical services to patients with the correct use of technology and innovation. The purpose is to empower physicians’ RCM and patients with the right to choose quality care services. MIPS is a great addition in this context. It allows physicians taking small steps towards a better healthcare system. However, along…
Details
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. Let’s admit there is no standard way for any quality payment program to hit bull’s eye…
Details
This ongoing period is the MIPS 2018 reporting season! Physicians and MIPS consulting services have buckled upped their shoes to assemble appropriate clinical data that best favor medical practice in term of financial matters and reputation among fellow physicians. MIPS QPP promises physicians to take their financial journey one-step more towards the progressive road leading…
Details