Skip to main content

Posts

Exploring the Basics of Medicare MIPS 2020 in Healthcare

Whether it is about MIPS 2019 or Medicare MIPS 2020 reporting , Qualified Registry is one of the most authentic ways to do it. It is one of the collection types recognized by CMS to submit on behalf of the providers. Submissions further split into three types: either you can report it as an individual clinician, as a group, or as a virtual group. Whatever you choose to be, remember, it is your career and incentives on the line. CMS Released New Data on Medicare MIPS 2020 If you have been a late bloomer in the previous installment of the MIPS program (MIPS 2019) and couldn’t submit data on time, there is still time to do that until March 31, 2020, the deadline. As far as Medicare MIPS 2020 is concerned, it has just started so you have plenty of time as a clinician to report it. Nevertheless, we advise you to report it at the earliest to remove the chances of penalties later on. Another name of Medicare Access and Chip Reauthorization Act (MACRA) is compliance. As a practice

The Most Important Skill in Thyroid Awareness Month Is to Know How to Prevent It!

A large gland in the back of the neck that secretes hormones for growth and development via the rate of metabolism refers to the thyroid. The secreted hormones T3 and T4 affect every cell. From keeping a check on protein production to maintaining body temperature to heart rate, this gland surely has some big things to do for an active body. The excess or insufficiency of the hormones can result in two medical conditions known as: Hyperthyroidism Hypothyroidism These conditions can disturb the hormonal balance and affect the overall wellbeing of the human body. Why We Celebrate “January as Thyroid Awareness Month”? Is it A Big Thing? Here are some facts to favor this initiative. You might be surprised to know, but around twenty million Americans suffer from thyroid disease of some sort. Generally, people don’t know about the symptoms or causes of thyroid disease. Surprisingly, up to sixty percent of the total thyroid carriers don’t even know about it. Women are about five to

Looking Back at MIPS 2019 from the Eyes of a Clinician

Centers for Medicare and Medicaid Services (CMS) came up with the proposed modifications earlier this year in August. They affect the doctors or their practices in ways they are still trying to understand. However, P3 has gotten it all figured out on behalf of providers for an efficient MIPS 2019 reporting right away. MIPS &  MACRA  are two significant terms when we talk about quality care. They are the bedrock of the new system that we are trying to achieve. Moreover, the Quality Payment Program under Medicare Access and CHIP Reauthorization Act (MACRA) produces patient outcomes based on quality rather than quantity. Now, that you have an idea, we want to dive into the changes to this program before 2020 begins.  MIPS Requirements in 2020 – Threshold-wise CMS has revised the minimum and additional performance thresholds of the program. The positive and negative payment adjustments have also been renewed. Since physicians and physician groups have done so grea

A Brief Overview: Looking Back at MIPS 2019

MIPS 2019 performance year is about to end. Only a little time is left until eligible clinicians can report for MIPS healthcare. MIPS put forwards the opportunity to get incentives and bonuses aside from the regular payment model. The revenue cycle runs smoothly, and also if a clinician performs well in all MIPS performance categories, he/she can earn a reputation in the healthcare industry among fellow physicians. Although, P3 Healthcare Solutions has published an overview of MIPS 2019 changes. But, we know it’s difficult to stay updated all the time. So, here’s a summary of everything happening in the 3rd MIPS year. Go through them, and if you are missing on something, make sure to report according to the guidelines. More Eligible Clinicians Can Report for MIPS 2019 The list of eligible clinicians is expanded to include more clinicians. Now, the following physicians can also report to CMS - The Centers for Medicare & Medicaid Services. ·          Phys