What is Merit-Based Incentive Payment System

  The Merit-Based Incentive Payment System (MIPS) is one of two payment tracks under the MACRA program. The purpose of the program is to deliver high-quality care for all—including both clinicians and patients—improve beneficiary options, enhance the experience for clinicians, and maximize participation. MIPS consolidates and replaces several previous programs. In this new system, there…

Before diving into this, let’s discuss what the Protecting Access to Medicare Act (PAMA) is exactly. PAMA is a bill that extends an already existing program, providing more direction than given in previous years. The act was signed into law on April 1st, 2014 and included extensive reforms to the Medical Clinical Laboratory Fee Schedule…

In today’s society, technology is at the centre of just about everything we do. It has improved the way people communicate and connect with each other, and it changed the way we save, store, and access relevant information. As far as the medical field is concerned, technology has made an impact on that as well….

The healthcare industry is constantly changing, and the job descriptions for office managers and staff are growing longer and longer. It’s hard enough to keep track of your responsibilities in a busy practice—whether it is a hospital, doctors office, imaging centre, or a lab—but it’s almost impossible to keep your focus on patient care with…

A revolutionary decision was made a decade ago when they decided to implement an electronic health record. Back then, the time and cost to implement the EHR were tremendous but, the results from the EHR altereIf a patient with a Medicare Advantage Plan sees a physician out-of-network, coverage will be determined by their health plan,…

Electronic Health Records (EHR) and Electronic Medical Records (EMR) often come with software to “advise” you about coding. This advisory software is promoted as increasing your revenue by advising you that if you document more, you can increase your CPT to a higher level. If you document completely, your level 3 visit can become a…

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