In: Nursing
How will the Quality payment program affect the overall processes of a medical practice?
Quality payment program overview.prior to the quality payment program,payment increases for medicare services were set by the sustainable Growth rate law.this capped spending increases according to the growth in the medicare population and a modest allowance for inflation.
The quality payment program improves medicare by helping you focus on care quality and the one thing that matters most making patients healthier .MACRA ended the sustainable growth rate formula.the medicare access and CHIP reauthorization act is a low that changed medicare supplement plans in all states and become effective on January 1,2020.
Concern of the quality payment program?
New payment models established by the MACRA are set to go into effect in a matter of days.CMS appears to be handling implementation well overall.
In terms of implementing QPP,an Early focus for CMS has been on clinician acceptance and readiness to participate,according to the report.
Many have applauded CMS for its response to clinician concern over MACRA implementation and the OIG repot offers positive reviews of implementation.however,OIG also
Flexibility offered through the pick your pace option introduced by CMS earlier this year should help to mitigate trouble associated with IT problems.