Setting the MACRA Pace: New Report Readies Physician Practices for MIPS Reimbursement

Sea Girt, NJ, September 29, 2016 --(PR.com)-- As physician practices ponder their participation level in the first Quality Payment Program performance period beginning January 1, 2017, a new report from the Healthcare Intelligence Network puts forth dozens of tips and strategies to optimize reimbursement under Medicare's Merit-based Incentive Payment System (MIPS).

In "MACRA Physician Quality Reporting: Positioning Your Practice for the MIPS Merit-Based Incentive Payment System," Eric Levin, director of strategic services, McKesson, sketches a detailed blueprint for MIPS readiness. Levin's advice covers more than 50 strategies for boosting physician practice preparation, offering a compelling case for practices to polish their performance reporting skills.

Most physician practices are expected to opt for the MIPS track and not an Alternative Payment System (APM), the second reimbursement path defined by the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA). Earlier this month, the Centers for Medicare and Medicaid Services (CMS) outlined "Pick Your Pace" participation options for the Quality Payment Program, its umbrella term for MACRA provisions.

This 24-page report is designed to encourage physician practices to proactively prepare for MACRA impact now rather than waiting for the legislation's final rule, expected later this year.

Learn more about MACRA and MIPS readiness strategies for physician reimbursement at
http://store.hin.com/product.asp?itemid=5171

News Facts: "MACRA Physician Quality Reporting: Positioning Your Practice for the MIPS Merit-Based Incentive Payment System" offers the following insights on physician practice reimbursement under the MIPS track:

- A summary of MACRA eligibility, performance categories and data submission options;

- Considerations for small and solo physician practices;

- Four types of MACRA education, technical assistance and peer support options;

- Five reasons physicians should prepare now for MACRA;

- A dozen immediate actions physician practices can take in advance of MACRA rollout;

- Using the CMS Quality and Resource Use Report (QRUR) to determine value;

- Five steps to prepare for MACRA implementation;

- Three reasons it makes sense to adopt the patient-centered medical home (PCMH) model;

- Six advantages to enrolling in Medicare chronic care management;

- Key takeaways and lessons learned from existing physician quality reporting initiatives; and much more.

Learn more about MACRA and MIPS readiness strategies for physician reimbursement at
http://store.hin.com/product.asp?itemid=5171

Report Formats: "MACRA Physician Quality Reporting: Positioning Your Practice for the MIPS Merit-Based Incentive Payment System" is available in Print; Adobe Acrobat PDF; Print-PDF set; sharable with an Enterprise Site License; or included in a HIN Case Study Membership. Visit http://store.hin.com/product.asp?itemid=5171

Quote Attributable to Melanie Matthews, HIN Executive VP and COO:

"To date, many small and solo practices have expressed doubts about their ability to participate in the Quality Payment Program, particularly in regard to technology and available resources. In this special report, Eric Levin allays those concerns by outlining dozens of ways small practices not only can ramp up for MIPS participation, but also generate revenue and enhance patient outcomes in the process. Even practices opting for minimal 2017 MACRA participation will find this report of value."

For Melanie Matthews' profile, please visit http://www.hin.com/bios.html#mm

Please contact Patricia Donovan to arrange an interview or to obtain additional quotes.

About the Healthcare Intelligence Network — HIN is the premier advisory service for executives seeking high-quality strategic information on the business of healthcare. For more information, contact the Healthcare Intelligence Network, PO Box 1442, Wall Township, NJ 07719-1442, (888) 446-3530, fax (732) 449-4463, e-mail info@hin.com, or visit http://www.hin.com.