Monday, October 2, 2017

Key Notes for the Week of 10/06/2017






Key Notes for the Week of 10/06/2017

ICD-10 for 2018

ICD-10-CM Official Guidelines for Coding and Reporting FY 2018 (October 1, 2017 - September 30, 2018) is now effective.

MIPS - APMS
In the 1,052-page proposed rule, there are three prime examples of CMS regulatory flexibility, including a financial sweetening of MIPS for physicians in small practices who are struggling to adopt the new payment system:
  • More physicians will be exempt from MIPS as the threshold for inclusion is increased from 100 patients or $30,000 in Part B payments to 200 patients or $90,000 in payments.
  • Physicians will be able to participate in MIPS through Virtual Groups—working with other small practices to combine their administrative costs.
  • Physicians in small practices will receive extra "bonus" points within the Composite Performance Score for MIPS to recognize their value to communities where they practice.
Florida Medicaid

In October 2015, CMS released a final rule that modified the requirements for participation in the Electronic Health Record (EHR) Incentive Programs for years 2015 through 2017 as well as in 2018 and beyond.

In 2018, all providers will be required to participate in Stage 3 regardless of their prior participation. Moving all participants to a single stage of meaningful use aims to reduce the program’s complexity and simplify reporting requirements.

For more information contact us at:         Paul G. Silverio-Benet
      Phone: 305-975-1171
                                                                         Email:  sbhealthcaremgmnt@gmail.com

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