Maximizing EHRs under Value-based Care

Like many physicians, Abdul Kabir, MD, is watching as the healthcare industry moves from a strictly fee-for-service reimbursement model to value-based care. He’s also participating in Comprehensive Primary Care Plus (CPC+), a national primary care medical home model under the auspices of the Centers for Medicare & Medicaid Services (CMS). “You cannot do this [type of care] without your EHR,” Kabir says. “The idea is to use technology to increase efficiencies in workflow and capture, analyze and validate data and use it in our practice in a way that’s meaningful to us and brings value. And by improving quality, you can reduce cost.”

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Patient’s financial responsibility is equally important as Patient Care

Whenever the patient statements are due, hundreds of statements are sent twice in a month. Sometimes duplicate statements are also sent which results in patient frustration and increased costs. Large and small medical groups are struggling with collecting money from their patients. Some small practices reported slow payment of high-deductible plans and difficulties faced by staff in communicating with the patients. The key to success is to strike a balance between resolving patient issues and maintaining the patient satisfaction. Looking for more details? Get in touch with Rajesh Mandaviya Or read more about Patients’ financial responsibility @ http://ipatientcare.com/blog/patients-financial-responsibility-is-equally-important-as-patient-care/

Is your RCM Vendor an all-rounder?

Medicare and Medicaid have always put the patients first. It gives support and innovative approaches to improving quality, affordability, and accessibility. There are multiple insurance companies and numerous patients a practice deals with on daily bases. There is a loss of 20-30% revenue due to incorrect billing. It is in the best interest to give all the billing responsibilities to a reputed RCM Vendor. An RCM vendor: Should be flexible Have the ability to scale to your practice Be able to grow as your business matures Should improve overall practice’s efficiency Proactively predicts denials Interested in getting more details? Contact Harsh Thakur

Effortless Methods to Boost your MIPS Score

MIPS specialists at iPatientCare can help you formulate the right strategy for your practice. They will make your practice understand the MIPS scores and can reach reporting goals, no matter what they appear to be. CMS is going to distribute $500 million in exceptional performance bonuses to providers with the highest MIPS scores. Earning a minimum of 15 MIPS points will ensure the avoidance of any penalties in 2020. However, there are varieties of way MIPS score can be maximized. In addition to reporting multiple MIPS categories, providers can also collect MIPS bonus points. Interested in getting more details? Contact Rajesh Mandaviya Or read more about "How practices can boost their MIPS Score?" @ https://ipatientcare.com/blog/how-practices-can-boost-their-mips-score/

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