MIPS 2020 performance year is about to end, and MIPS eligible physicians do not have much time left to start with its data submission. The most important factor that gives margin to success in this incentive payment program is by choosing the right aka specialty-specific measures. Not to worry here …
Read More »3 Major Challenges Faced in Telehealth and How to Overcome Them
Telehealth or telemedicine is on the rise in response to the COVID-19 pandemic. This practice has been utilized majorly for high-risked patients to keep their safety into consideration. Many healthcare professionals are finding ways to expand telehealth services as part of the Medicaid program and simplifying solutions for medical billing …
Read More »How CMS Supports Underprivileged and Small Medical Practices?
We cannot disregard the services of small medical practices or rural practices or facilities in underprivileged areas. They, despite their limited resources, strive to provide quality healthcare services to patients. However, it doesn’t mean that they cannot be included in the Quality Payment Program (QPP). CMS (Centers for Medicare and …
Read More »How Do Practices Cope with Revenue Loss during the Pandemic?
The Healthcare sector has suffered during the COVID-19 pandemic. Limited access to resources has shaken every corner of healthcare, from medical billing to care delivery. The worst part is reduced patient volume in medical practices and its impact on the financial cycle. Thus, the ongoing pandemic threatens the very existence …
Read More »4 Steps to Put Patient Satisfaction into Action: Billing Services Write
Nowadays, physicians’ reimbursements depend highly on the performance of medical billing services besides the patients’ satisfaction levels. In the upcoming years, we can expect their impact to increase in the payment models, even resulting in penalties in response to patients’ dissatisfaction. QPP MIPS also regards patient engagement and empowerment in …
Read More »MIPS 2020 Reporting Checklist for Optometrists
Each year brings new challenges, regulations, and quality parameters. Optometrists like other healthcare professionals have to look into updates and revise strategies to maximize revenue. QPP MIPS reporting is also one of those programs that need attention right from the start of the year. Rules in MACRA MIPS For MACRA …
Read More »How to Improve Collection Rate in the Medical Billing Process?
Every medical practice cares for its patients, but in the end, they need revenue to survive in the industry. Medical billing services, despite the tedious work, are important for any medical facility. A billing staff that is knowledgeable to create clean claims with appropriate and HIPAA-compliant billing practices ensures financial …
Read More »MIPS 2020 Submission Is Incomplete without Improvement Activities (IAs)
MIPS submission has become an important part of every physician’s administrative duties. We cannot stress how much the accurate and timely QPP MIPS reporting matters when it comes to finances. The time for MIPS 2020 submission period is about to end, and many physicians are looking up to MIPS Qualified …
Read More »Medical Billing Services Bring 4 Ways to Perfect the Coding Process
Medical billing services base themselves on an impeccable coding stage; it has a significant share in ensuring the quality of medical claims. Accurate claims are the key to faster reimbursements. Once they are error-free, you can expect them to pass through payers seamlessly. Many people think that medical coding is …
Read More »QPP MIPS 2020 Quality Measures Fact Sheet
MACRA (The Medicare Access and CHIP Reauthorization Act of 2015) has revamped its policies that might have made clinicians frown. QPP MIPS is an extension of its efforts and helps clinicians understand the importance of quality of healthcare. You must know that submitting MIPS measures gauges performance based on the …
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