The Feel Good Nostalgia: MIPS is the Merit-based Incentive Payment System, a CMS initiative that determines Medicare payment adjustments to eligible providers based on the provider’s overall MIPS performance score. The provider’s MIPS score determines the provider’s reimbursement bonus, reimbursement penalty, or if the provider remains neutral (no bonus or penalty).
Healthcare professionals need to remain aware of any changes that may affect the industry and their responsibilities to respond to requests for information from the government. Specifically, it’s crucial to stay on top of updates from the Centers for Medicare & Medicaid Services, such as CMS quality measures.
Learn why patient engagement is a necessity and how you can master it within your practice.
As we enter the new year, you and your staff must be feeling some excitement (and maybe a bit of trepidation) as you anticipate the achievements to come. Perhaps you have new goals to reach in terms of improving your bottom line, or adding additional services to attract more patients (and retain your current loyal patients).
As managers, owners and principals at cardiology practices plan for the coming quarters this year, the flow of revenue will be a major consideration. Accordingly, they will be looking at revenue cycle management or RCM trends to help prepare for 2023. With that in mind, here are cardiology RCM trends that appear to be emerging this year.
Industry News | Healthcare Advice
See Past Events: 2022 | 2021 Successful healthcare organizations do not operate in a vacuum. Their fortunes are at least somewhat tied to the relationships they develop in the community with patients and other providers, as well as with thought leaders, manufacturers, and other players in the industry. This is why so many healthcare professionals make a point of attending at least one healthcare event or conference every year, whenever feasible.
Medical Billing / RCM | Industry News | AI
How to Ease Staffing Burdens for Healthcare Professionals It’s no secret that many talented individuals are leaving or have already quit their jobs during the “Great Resignation” in the aftermath of the global coronavirus pandemic. According to a report from Forbes, the healthcare industry has lost approximately 20% of its workers. Yet, the demand for healthcare services with an emphasis on patient safety, disease control, and public health has never been greater.
How Innovations in Cohesive Practice Management Software Are A Game Changer for Any Ophthalmic Practice
2022 is not quite finished yet, but you’ll want to spend some time considering what’s ahead in the coming year for your medical organization. After all, it’s best to be as prepared as possible for upcoming requirements that will have a big effect on your practice and the way you do business during the next two years of the Biden administration.
Savvy owners and operators of medical practices know that it’s prudent to periodically look ahead to the future of healthcare technology trends. The idea is to carve out a bit of room in their already busy schedules to get a better understanding of what may be to come. Doing so can help you support your bottom line in the coming year.
How good of a job do you think you are doing as a physician? If you have a healthy sense of objectivity, you can evaluate your skills and experience level to see where you might be falling short. Here are 10 success tips from experienced doctors that you can apply in your own life and hopefully achieve even greater levels of success from medical school to residency and beyond.
