Tuesday, November 25, 2014

Proposed physician fee schedule draws criticism from docs, insurers





Stakeholders from across the healthcare continuum are raising red flags about provisions of Medicare's proposed physician fee schedule for 2015, including quality incentives and reporting for physicians, a new reimbursement code for chronic-disease management and a fact-finding initiative addressing concerns that Medicare is overcharged after hospitals acquire physician practices.

More than 2,000 comments were received on the 600-plus-page proposed rule. A final version is
expected to be released by Nov. 1.

The
Medicare Payment Advisory Commission (MedPAC), which advises Congress on Medicare spending, challenged the agency's approach of adjusting payments to clinicians based on the quality of care furnished to beneficiaries instead of the cost of that care.

“It may in fact be impossible for the Medicare program to transparently and reliably establish, collect, benchmark, assess and adjust payments based on quality measures for individual clinicians,” MedPAC said.

MedPAC's comment letter also suggested that the CMS' approach to this new system could lead to mass confusion because physicians are unlikely to understand why their Medicare payments are changing and what they need to do to improve their performance and increase their quality-based payments.

“A more promising avenue would be to encourage clinicians to organize into or join groups that take clinical and financial accountability for their patients, and have their performance assessed on the basis of a few key outcome measures,” MedPAC said.
Physicians also had mixed views on evaluating providers on an individual level for Medicare's Physician Compare website. The American Academy of Family Physicians warned that patients are overwhelmed by the volume of online information about quality measures that they don't understand, making it difficult for them to make informed decisions about where to seek care.

“We encourage the agency to avoid that outcome by including only
the most important information about the physician as well as including educational products targeted at patients visiting the website,” AAFP said.

The AAFP also suggested that the CMS give group practices 90 days rather than 30 days to preview data about them before it's posted so they have enough time to review and validate the information and challenge the anything they think is wrong.

Insurers, meanwhile, warned that the CMS is creating a new opportunity for fraudsters by compensating physicians for the time they spend outside of face-to-face visits managing care for patients with two or more chronic conditions.





FOR MORE INFORMATION PLEASE CONTACT:
HPP Management Group, Corp.
Developers of the AccuChecker Product Line
Phone: (305) 227-2383


 





BE PART OF OUR SOCIAL SITE – FEEL FREE TO JOIN

 

Like Us on Facebook:       https://www.facebook.com/Accuchecker

Follow US on Twitter:      https://twitter.com/HPPAccuchecker

Join our Group:                 https://www.facebook.com/groups/1467439953488495/

Yahoo Group:                   https://groups.yahoo.com/neo/groups/accuchecker/info

 



Friday, November 21, 2014

How to Retain Practice Profitability




Primary Care Survival Guide:

 
How to Retain Practice Profitability in the Wake of Unprecedented Change

  
Unprecedented changes in health care are underway, and arguably no group will be more impacted than the independent primary care provider. Payment models are changing. Expectations are rising. Technology is no longer optional. And practice profitability is an increasing concern. Without direction and a clear set of objectives and goals, it is simply impossible for any providers to navigate, let alone survive, changes in health care.
 

If you’re trying to build a business plan based on where we are now, you’re going  to fail. There’s simply no way the health care system can stay where it is today.  You’ll need to have some thought about where technology is going, try to anticipate the challenges, and move ahead so you can be in front of the curve.  

Driving this change is the stark reality that health care, as it exists today, requires staggering amounts of spending. If things don’t change, Medicare and Medicaid will eventually consume all of our taxes and revenues. And private payers have also recognized their current model is not a sustainable path to long-term profitability.
 

Survival will largely be based on foresight and agility. It is important to understand which changes will most impact your practice. Strategies and tactics will continue to evolve as the health care system evolves. As a starting point for primary care practices, there are four steps you can take to prepare now.

 

·         Be ready to be paid based on your performance
·         Consider PCMH certification
·         Don’t just adopt technology… embrace it!
·         Explore additional revenue opportunities

 

Your track record and experience won’t be enough to help you manage through it all. No matter how successful a practice is now, they can’t rest on their previous success. 

“Practices have to be very forward-looking and aware of the changes that are happening, and then make proactive decisions on how to respond.” This guide will help you get started. By taking these steps, you will be well-prepared to not just survive change, but to take full  advantage of the opportunities change brings. The question is, are you ready—really ready—for the change? The answer to this question can literally mean the difference in the survival of your primary care practice.
 
 

Understanding and Preparing for the changes in health care is key in 2015 .  Payment models are changing.

  

FOR MORE INFORMATION PLEASE CONTACT:
HPP Management Group, Corp.
Developers of the AccuChecker Product Line
Phone: (305) 227-2383

 

BE PART OF OUR SOCIAL SITE – FEEL FREE TO JOIN
 

Like Us on Facebook:       https://www.facebook.com/Accuchecker

Follow US on Twitter:      https://twitter.com/HPPAccuchecker

Join our Group:                 https://www.facebook.com/groups/1467439953488495/

Yahoo Group:                   https://groups.yahoo.com/neo/groups/accuchecker/info



Practices have to be very forward-looking and aware of the changes that are happening, and then make proactive decisions on how to respond.