Master MIPS to Avoid 4% Medicare Payment Cut

Event Information
Product Format
Prerecorded Event
Presenter(s)
Conference Date
Wed, Jun 21, 2017
Length
60 minutes
Product Description

How MIPS Will Impact Your Practice and Avoiding Future Medicare Payment Cuts


In the spring of 2015, Congress passed a major revision in how medical practices will be paid for treating Medicare patients. The Medicare Access and CHIP Reauthorization Act (or MACRA) moves the focus from the number of services provided to the outcomes or value of those services.  Services provided in 2017 will form the basis for payments in 2019. Depending on activities your practice takes throughout 2017, you could see a reduction of up to 4% in your Medicare revenue or an increase of up to 12%.

2017 is designed as a transition year to the new MIPS program. Requirements will be significantly more difficult in 2018 and the penalties get steeper. Practices need to use 2017 to put in place the processes and systems they’ll need to be successful in future years.

In this session, expert speaker Jeanne Chamberlin will help you understand how new legislation will impact your practice and how you are paid for services to Medicare patients. You will learn the requirements and scoring methodology that will be used under the new MIPS program. And finally, you will also become familiar with steps you need to take now to avoid future payment cuts.

Session Highlights

  • Payments that will be impacted in 2019 based on your activities in 2017
  • Understanding new requirements for the payment systems to determine whether your practice is paid more or less than the standard Medicare payment rate
  • How to decide whether to report as individual clinicians or as a group
  • Key factors in selecting the quality measures you’ll report
  • Documentation you’ll want to be sure to maintain in case of an audit

Session Agenda

  • Qualifying provider in Advanced Alternate Payment Model (AAPM)
  • Changing payment model under MIPS
  • Overview of MIPS
  • Criteria for eligible clinician
  • Value of MIPS score
  • Group vs individual reporting
  • Quality category
  • Reporting approaches
  • Transition from meaningful use to Advancing Care Information (ACI)
  • Transition base score required measures
  • Transition performance score
  • ACI changes in 2018
  • Improvement activities category examples and special circumstances

Who should attend?

  • Physicians and advance practioners in all specialties
  • Practice administrators
  • Finance officers
  • Nurse leaders
  • Quality directors

Order Below or Call 1-866-458-2965 Today

You can also order through:
Phone

1-866-458-2965

Fax

1-919-287-2643

About Our Speaker

Jeanne J. Chamberlin

Jeanne J. Chamberlin  is currently a Practice Management Consultant with MSOC Health. Over the past five years, she has worked with dozens of medical practices to improve efficiency and maximize profit.


As practice administrator of a 10-physician multi-specialty practice, Jeanne began reporting quality measures for the PQRS program in 2007. As a consultant with MSOC Health, she has assisted a wide variety of providers...   More Info
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