To address the myriad problems of healthcare practices, outsourced medical billing is a blessing in disguise. By outsourcing medical billing services, we can simply pass the billing headaches to professional experts. These specialized billing experts combat the billing intricacies outside your clinic or hospital. Meanwhile, they keep you updated about the status of the claims…
The modern healthcare atmosphere encourages the transition to a value-based care model. And for all MIPS participants, it’s been their paramount goal, as MIPS truly operates on this value-based care model. Throughout the MIPS reporting journey, providers perform different activities and measures. Later, CMS evaluates their performance and provides constructive feedback. Well, all this seems…
Oncology medical billing services must be up-to-date with the latest trends for staying ahead of the curve. The significance of medical billing and coding services can never be overstated at any point. The healthcare industry shares a strong relationship with medical billing outsourcing companies. Like every domain of healthcare, the field of oncology is also…
QPP MIPS 2023 reporting comes with so many options and so many changes from the MIPS program before. There are also so many challenges that the physicians need to face. MIPS 2023 Final Rule Has Been Released With the release of MIPS 2023, the Centers for Medicare and Medicaid Services (CMS) has finalized most of…
In the healthcare industry, we have the Affordable Care Act as a healthcare reform law. President Obama enacted it and signed it into law in 2010. Since then, it has given a new spark to healthcare systems for quality care delivery using different payment reform models. ACO reporting is one such innovative process performed by…
MIPS Payment Adjustment Payment Adjustments are budget neutral and made on a sliding scale. To maintain budget neutrality, the physicians with the higher final scores may be eligible for the positive payment adjustment up to three times the baseline positive payment adjustment for a given year. Payment adjustments based on the final score, is based…
MIPS 2022 Eligibility Eligibility status is based on the following: A TIN can belong to MIPS Eligible Clinicians A clinician who is eligible to participate in the Quality Payment Program through the Merit-Based Incentive Payment System MIPS and similar participants of the other program of CMS using the electronic clinical quality measures for the quality…