Is your specialty practice ready for the transition from fee-for-service to fee-for-value?
Our team of reporting experts is prepared to assist your practice in a number of ways to meet the challenges of value-based reimbursement head-on.
As the U.S. healthcare system navigates toward value-based reimbursement, providers face both opportunity and risk in their arrangement with payers. Value-based reimbursement is demanding that providers meet certain quality thresholds, while containing costs, in order to be optimally reimbursed.
Merit-Based Incentive Payment System
The Merit-based Incentive Payment System (MIPS) is a new payment model that provides eligible clinicians financial adjustments based on quality, outcomes and efficiency. MIPS consolidates the existing quality reporting systems—Physician Quality Reporting System (PQRS), the Value-based Payment Modifier and the EHR Incentive Program (Meaningful Use)—into one scoring system that is based on four categories: Quality, Advancing Care Information (ACI), Improvement Activities and Cost.
Our Quality Reporting Engagement Group is prepared to assist your practice with your value-based care needs and will help you avoid costly missteps that you may encounter when trying to meet these demands on your own.
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