Wednesday, September 23, 2015

Medicare Penalties Could be Costing You Hundreds of Dollars a Month




Medicare Penalties Could be Costing You Hundreds of Dollars a Month

Individual eligible professionals (EPs) and group practices who do not satisfactorily report data on quality measures for covered professional services will be subject to a negative payment adjustment under the Physician Quality Reporting System (PQRS).

In 2015, if an individual EP or group practice does not satisfactorily report or satisfactorily participate while submitting data on PQRS quality measures, a 2% negative payment adjustment will apply in 2017.

The adjustment (98% of the fee schedule amount that would otherwise apply to such services) applies to covered professional services furnished by an individual EP or group practice during 2017. 

HEDIS Health Plans will enforce minimum contract performance requirements through progressive penalties with providers that continue to show a pattern of poor performance over consecutive years.

Other Areas that Penalties will cost you big: 

·         Meaningful Use
·         Core Measures
·         Quality Measures

AccuChecker OnLine CLASSIC is an Internet database subscription service with procedures, diagnoses (ICD-9 and ICD-10) Medicare fee schedules using RBRVS tables and coding techniques. AccuChecker OnLine is updated periodically. 

AccuChecker OnLine CLASSIC is easy to use, a quick online demonstration and in minutes you can start using the system. It is just that simple! 

Hundreds of daily users can vouch for AccuChecker OnLine CLASSIC flexibility and ease of operation. The information found in AccuChecker OnLine CLASSIC is used to make reimbursement decisions in thousands of healthcare claims every year and what is most amazing - the cost of AccuChecker OnLine CLASSIC is less than $1.00 per day. 

 

FOR MORE INFORMATION PLEASE CONTACT:
HPP Management Group, Corp.
Developers of the AccuChecker Product Line
Phone: (305) 227-2383 or 1-877-938-9311


Website: http://www.accuchecker.com

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