Posts Tagged ‘physician practice trends’

Infographic: Is Adopting a Concierge Medicine Model Right for Your Practice?

April 5th, 2017 by Melanie Matthews

As physician practices face changes in the physician reimbursement environment, many practices are looking to alternative practice models, according to a new infographic by Kareo.

The infographic examines the key differences and similarities between traditional practices and concierge practices.

Under CMS’s “Pick Your Pace” choices for Year 1 Quality Payment Program participation, physician practices may opt for the minimum activity necessary to avoid a payment penalty in 2019 by simply submitting some data in 2017.

However, instead of delaying MACRA participation to the later part of this year, physicians should prepare and better position themselves today for MIPS success by analyzing their existing CMS data on their practices’ performance and laying a path now toward performance improvement.

Physician MACRA-Readiness: Mining QRUR and Other CMS Data to Maximize MIPS Performance describes the wealth of data analytics available from the CMS Enterprise Portal–Quality Resource Use Reports (QRURs) and other reports providing a window into practice performance under the Merit-Based Incentive Payment System (MIPS). MIPS is one of two MACRA reimbursement paths and the one where most physician practices are expected to align.

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