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Any thoughts amongst us pre-pods?
Link where I got the info: http://www.nrhi.org/work/what-is-macra/what-is-macra/
Under MACRA, care providers paid on 2 systems:
-MIPS: Eligible professions (EPs) measured and paid based on the following:
-APM: Alternative payment models, provide a new way for Medicare to compensate healthcare providers for the care they give to Medicare beneficiaries. Most providers who participate in APMs will also be subject to MIPS, but will receive favorable scoring – with correspondingly higher reimbursement rates.
Site does a bad job of describing what APM will actually encompass.
What I've seen from the Residents/Physicians Pod Thread:
- private practices with <25 personnel are going under due to overhead/certifications to keep their facilities open/red tape
- Bigger shift/competition for hospital/multi-specialty slots
- Shift towards quality based and away from bill-per-procedure
Problems I personally see:
- EHR certified....you don't use their stuff, you aren't eligible. $$$
- Value based care is nice and all on paper, but how many patients are going to follow through, give accurate descriptions of what they've been doing, and keep to the treatment plan? EPs (eligible physicians) assume higher risk. You're at the mercy of what your patients do and report.
- MACRA not going away anytime soon. They're aggressively pushing for higher percentages of "value based" performance every 3 years (+/- 4% 2019 to +/- 9% by 2022).
- Its happening across the board. I go to a university where our research involves coordination with cardiology patients. Even specialties within MD/DO realm are getting hit with "quality based" performance measures. The percentages are increasing per reimbursement/payment and they're projected to be huge, up to 30-45%.
EDIT: special thanks to the docs and students slugging it out over in the other thread for the exposure.
Link where I got the info: http://www.nrhi.org/work/what-is-macra/what-is-macra/
Under MACRA, care providers paid on 2 systems:
-MIPS: Eligible professions (EPs) measured and paid based on the following:
- Quality;
- Resource Use;
- Clinical Practice Improvement; and
- Meaningful Use of Certified EHR Technology
Based on the MIPS composite performance score, providers will receive positive, negative or neutral adjustments to the base rate of their Medicare Part B Payment that will increase each year from 2019 (+4% to -4%) through 2022 (+9% to -9%), when adjustment levels will stabilize. The MIPS composite performance score will be determined by performance measures established in the forthcoming MACRA rules.
-APM: Alternative payment models, provide a new way for Medicare to compensate healthcare providers for the care they give to Medicare beneficiaries. Most providers who participate in APMs will also be subject to MIPS, but will receive favorable scoring – with correspondingly higher reimbursement rates.
Site does a bad job of describing what APM will actually encompass.
What I've seen from the Residents/Physicians Pod Thread:
- private practices with <25 personnel are going under due to overhead/certifications to keep their facilities open/red tape
- Bigger shift/competition for hospital/multi-specialty slots
- Shift towards quality based and away from bill-per-procedure
Problems I personally see:
- EHR certified....you don't use their stuff, you aren't eligible. $$$
- Value based care is nice and all on paper, but how many patients are going to follow through, give accurate descriptions of what they've been doing, and keep to the treatment plan? EPs (eligible physicians) assume higher risk. You're at the mercy of what your patients do and report.
- MACRA not going away anytime soon. They're aggressively pushing for higher percentages of "value based" performance every 3 years (+/- 4% 2019 to +/- 9% by 2022).
- Its happening across the board. I go to a university where our research involves coordination with cardiology patients. Even specialties within MD/DO realm are getting hit with "quality based" performance measures. The percentages are increasing per reimbursement/payment and they're projected to be huge, up to 30-45%.
EDIT: special thanks to the docs and students slugging it out over in the other thread for the exposure.