Reporting MIPS, Medicare’s “Merit-based Incentive Payment System” is Easier Than You Think
MACRA-MIPS has been with us since January and this year’s data will determine your penalty/bonus in 2019. This applies to all your outpatient Traditional Medicare revenue. The penalty starts at 4% and increases to 9% over the next 5 years. For a practice with $200,000 in Medicare revenue, this would be $8,000 this year …
Keeping Our Seniors Healthy: 40% Reduction in Hospitalizations
Did you know that 80% of our seniors have not received the AWV which means that 80% are still at an increased risk of hospitalization? In a study of 17,000 Medicare patients, done in 2015, Novus Healthcare found that the Annual Wellness Visit (AWV) reduce hospitalizations by 40%. How does the AWV reduce hospitalizations? There are …
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