DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Mobile Imaging
SEARCH
Current Location:
>
> This Story


Log in or Register to rate this News Story
Forward Printable StoryPrint Comment

 

More Voices

Telemedicine is taking off: Takeaways from ATA 2017 Industry veteran and telemedicine specialist Dan Watterson shares his account of the American Telemedicine Association’s Telehealth 2.0 conference

Jacobus & The U.S. Army The Jacobus Report

Understanding the need for effective health information systems Insights from Patty Buttner, director of HIM Practice Excellence for AHIMA

Q&A with Matthew Schreiber, chief clinical officer at Newark Beth Israel Medical Center and Children’s Hospital of New Jersey Getting to know the final piece in a new C-suite team, and the challenges he hopes to tackle in his new role

FIME in Orlando The Jacobus Report

Q&A with Gil Alejo, exhibition manager for FIME For the first time, FIME will take place in Orlando instead of Miami, find out why and what to expect at this year's event

Michael McMurtry, M.D.

Cardiology, MACRA and structured reporting

By Dr. Michael McMurtry
From the March 2017 issue of DOTmed HealthCare Business News magazine

With the issuance of the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), which replaced the Sustainable Growth Rate (SGR) and rolled multiple quality reporting programs into a single system, cardiology service lines are more dependent than ever on accurate and complete data capture. It’s a challenge with which many continue to struggle, and for which they have little time to overcome. Performance in the current year will be the basis upon which 2019 payments are adjusted. Those cardiologists and cardiology service lines that aren’t prepared with vastly improved reporting capabilities could potentially take a significant financial hit as penalties and bonuses phase in over time — starting with a bonus of up to 4 percent in 2019.

A MACRA/MIPS primer
MACRA includes two programs: The Meritbased Incentive Payment System (MIPS), which rolls together the Physician Quality Reporting System (PQRS), Value Modifier and the Electronic Health Record (EHR) Incentive Program and allows providers to earn payment adjustments by demonstrating the provision of high-quality, efficient care based on quality reporting, resource utilization, clinical practice improvement and advancing care information; and the Advanced Alternative Payment Model (Advanced APM), which lets providers earn greater incentives for providing high-quality, cost-efficient care by taking on some risk related to patient outcomes.

Story Continues Below Advertisement

New OEC 9800 LCD upgrade available! Call today: 800-400-7972

Easy install retrofit kit! Extend the life of your OEC system by upgrading the CRTs to dual 2MP LED displays mounted on an articulating arm. Priced competitively & optimized for do-it-yourself installation in under an hour.



Most cardiologists are expected to participate in MIPS, under which they will be assessed based on performance against quality measures developed by the American College of Cardiology (ACC), American Heart Association (AHA) and other stakeholders. Part of its appeal is familiarity, as most of the quality measures under MIPS are currently reported under the PQRS. But the stakes are now much higher, with quality reporting counting as 60 percent of the provider’s MIPS composite score.

While MACRA/MIPS is currently front and center in discussions around quality reporting, the impact of accurate and comprehensive data capture and documentation goes much deeper for cardiology. A plethora of new mandates, harsher penalties and reimbursement opportunities — a more attractive Chronic Care Management program, increased penalties for preventable 30-day readmissions, the ongoing threat of RAC and other regulatory audits, cardiac bundled, Appropriate Use, etc. — have ratcheted up the pressure to adopt structured reporting.
  Pages: 1 - 2 - 3 - 4 >>

Related:


You Must Be Logged In To Post A Comment

Advertise
Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Directory
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Requests
Gold Service Dealer Program
Receive RFP/PS
Requests
Healthcare Providers
See all
HCP Tools
Jobs/Training
Find/Fill
A Job
Parts Hunter +EasyPay
Get Parts
Quotes
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Quotes
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2017 DOTmed.com, Inc.
ALL RIGHTS RESERVED