What's Trending : Are You Ready ?
I thought October, 2015, was going to be the year of changes to remember. Well, October, 2016, is here and its implications are bigger than I would have imagined. There are many changes and pitfalls that could have an impact on cash flow. Here are a few of these changes that could affect you:
Medicare and Medicaid have lifted the one-year grace period on ICD-10-CM code selections. This will mean denials and take-backs if the provider's documentation does not meet medical necessity criteria.
Finally figuring out PQRS, VM, and MU? Don't get too comfortable. The latest MACRA ruling creates a whole new framework to drive providers to value-based care. And if your practice isn't prepared, you could face serious penalties. This might be the most important course you can take for the future of your payments. Organizations that thrive in the changing healthcare settings will be forced to align with other organizations to share the bundled payments. The fee for services payments will still exist but will be cut by a projected 50%.
If you require additional information regarding upcoming UPDATES/POLICY CHANGES/ VALUE-BASED CARE , please contact :
HPP Management Group 305-227-2383 or 1-877-938-9311
or
Email : pesilverio@hppcorp.com
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