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…
Medical Billing Services and Small Practices Whether you’re running a small practice with between 1-5 physicians or a big practice that is capable of treating a large number of patients. You always require a company that can check on the billing and coding issues along with the claims. Almost 73% of the healthcare providers report…