MACRA

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Improved MACRA Reporting & E-Prescription Updates

Improved MACRA Reporting & E-Prescription Updates

Greetings from Bizmatics! The following enhancements have been made to PrognoCIS Electronic Health Records (EHR) software. They deliver improved functionality for e-prescription, organizing your lab/radiology tests, and completing your MACRA reporting for 2017. New Screen Lists Your State’s DEA Drug Regulations Many controlled substances are DEA classified on a state level, but not on a …continue reading

PrognoCIS EHR Successfully Deploys MACRA Certified Product To Its Customer Base

PrognoCIS EHR Successfully Deploys MACRA Certified Product To Its Customer Base

In the latest Bizmatics press release, which was picked up by the San Jose Mercury News, we are excited to announce that PrognoCIS EHR has officially completed MACRA certification, and updates have been deployed to all our physicians using PrognoCIS. To receive a positive MIPS payment, medical practices must submit 90 days (the deadline to …continue reading

Avoid MACRA Penalties Based on New Guidance

Avoid MACRA Penalties Based on New Guidance

Andy Slavitt, acting administrator of the Center’s for Medicaid and Medicaid Services (CMS) has written a blog post on the implementation of Medicare Access and CHIP Reauthorization Act of 2015 (MACRA). Slavitt’s post titled, “Plans for the Quality Payment Program in 2017: Pick Your Pace”, shows a way providers can participate in MACRA in a slower and potentially …continue reading

Reputational Impact of Providers’ MIPS Composite Scores

Reputational Impact of Providers’ MIPS Composite Scores

The Merit-Based Incentive Payment System quality reporting period begins at the start of 2017, with the payment adjustment period following two years after. The Merit-Based Incentive Payment System is a component of the biggest overhaul of the Medicare payment system in recent history, the Medicare Access & CHIP Reauthorization Act. I believe it’s important to …continue reading

Universal Benefits of Value Based Care

Universal Benefits of Value Based Care

Value-based care is a potentially viable payment model for practices, regardless of MACRA participation The Healthcare Information and Management Systems Society (HIMSS) and the Department of Health and Human Services (HHS) are focusing on small and rural practices in preparation for MACRA HIMSS submitted a Comment Letter detailing their concerns and recommendations for MACRA The HHS …continue reading

ACI Program from MACRA to Overhaul Meaningful Use

ACI Program from MACRA to Overhaul Meaningful Use

We’ve recently looked at the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) and its overhaul of Medicare, specifically with the revamping of quality reporting systems (Meaningful Use and PQRS). The Centers for Medicare & Medicaid Services (CMS) has just released new important information on MACRA that directly affects how providers use electronic health …continue reading

Capitation vs. Fee-for-Service Healthcare Payment Models

Capitation vs. Fee-for-Service Healthcare Payment Models

Key Points Comparing Fee-for-service vs. Capitation The Fee-For-Service (FFS) payment model has increasingly been seen as costly and cumbersome overall to providers. Medicare programs highlighted the need to transition to a quality-based payment model, which is Capitation. Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) legislation improves Medicare by helping providers focus on care …continue reading