MACRA and its Impact on Your Urology Practice

Event Information
Product Format
Prerecorded Event
Presenter(s)
Michael A. Ferragamo, Jr., MD, FACS
Conference Date
Wed, Jan 18, 2017
Length
60 minutes
Product Description

MACRA for Urologists: How to Prepare and Participate, Documentation Tips and Guidance


MACRA is the government's new performance related reimbursement system that hopes to reward physicians who provide better care services, not simply satisfactory services and incorporates into their practices quality measures that will lead to improved payment models. The performance year begins in 2017, and physicians must participate or lose revenue in the coming years.

MACRA will streamline Medical Quality reporting programs such as PQRS, VM, and MU into a new program called Merit Based Incentive Payment System (MIPS) with payments based on quality of care and cost savings.

This audio session by expert speaker Michael A. Ferragamo will explain the new MACRA system for urologists. Know what will be required of urologists in this new system and how to participate and prepare to avoid penalties and loss of revenue. Get documentation tips and guidance to understand the program and payment models, and know what the program will entail for your urology practice.

Session Highlights:

  • The repeal of the sustainable growth rate formula, the new conversion factor and its calculation
  • Why certain urologist and other physicians will be exempt from MACRA?
  • What MACRA will do to PQRS, VM, MU programs?
  • What are the Merit Based Incentive Payment System (MIPS) and Alternative Payment Model (APM) and how do they work?
  • Understand flexible reporting options for eligible providers for 2017
  • Who are eligible clinicians and providers?
  • Why 85% of urologists will be in the MIPS system model?
  • Review the first year timeline for participating and reporting for MIPS
  • Guidance to help you understand and participate in this new system of care and reporting

Session Snapshots:

  • History of MACRA
  • Calculation of physician fee schedule
  • Medicare Access and CHIP Reauthorization Act of 2015
  • MACRA Quality Payment Program (QPP)
  • Eligibility and timeline
  • Clinicians Subject/ Not Subject to MIPS
  • MIPS final rule and performance categories
  • MIPS final rule options for 2017 participation
  • CMS PQRS Urology specialty measures
  • Costs, Resource use
  • Advancing Care Information (ACI) (Objectives and documentation) 
  • Clinical Practice Improvement Activities (CPIA)
  • Reporting measures to CMS
  • Composite Performance Score (CPS)
  • Alternative Payment Models (APMs)
  • Advanced APMs qualifications

Who should attend?

  • All physicians
  • Urologists and all office staff dealing with billing and revenue cycles

Ask a question at the Q&A session following the live event and get advice unique to your situation, directly from our expert speaker.

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About Our Speaker

Michael A. Ferragamo - Urology Coding Expert

Dr. Michael A. Ferragamo, Jr., MD, FACS is the former chief of urology of Hempstead Medical Center and of Franklin Medical Center of Long Island, New York, and presently is assistant clinical professor of urology, State University of New York, Stony Brook School of Medicine. Dr. Ferragamo is a consulting editor for Urology Coding Alert and is a coding consultant for many private practices across the United States as well...   More Info
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