Best Practices Academy

Press Room | Contact Us | Our Blog| Log In | Call 877-788-2883
Welcome to Best Practices Academy!

Welcome to Best Practices Academy!

Many of you are familiar with our Best Practices Academy seminar series,... Read More

Related News & EventsView All

2016 EHR Incentive Program

What a gorgeous fall day it is here in the Midwest and we even have some good news to share. The Centers for Medicare and Medicaid Services published a final rule on 11-2-16 allowing providers in the Medicare EHR Incentive Program to report based on a 90-day reporting period in 2016 and 2017, instead of a full calendar year.  That’s a nice bit of news for those who have been a bit slow in starting this year. This had first been proposed in July, but was finally approved this week.  In addition to changes allowing all returning participants in the EHR Incentive Programs to report on a 90-day EHR reporting period in 2016 and 2017, CMS is also showing flexibility in

The New Macra Law and MIPS: Read carefully.

Many of us are familiar with the annual Medicare sustained growth rate discussion that Congress has regarding the provider fee schedule. What most do not realize is that this formula has now been replaced. Why would Congress, in a bipartisan and nearly unanimous vote, replace an existing formula for payment to providers for Medicare? Clearly costs of care have been skyrocketing without the quality of care understood and now pay for performance has finally arrived. For years we have heard of pay for performance, reimbursement based on outcomes, value-based reimbursement, etc. For years we have not seen any substantial progress towards coming up with a way to make this work, but in April 2015, President Obama signed into law the Medicare

Are You Hindering Your Practice and Hurting Your Profession?

Here we are past the mid-point of the second month in 2016. How are you doing in preparing yourself for the huge changes rolling down the Healthcare highway? If you are one of those who though you could withstand the 2% penalty for not reporting PQRS and think you dodged that bullet, because you heard PQRS is ending…You are wrong! Not only is PQRS not ending, it is morphing into a much larger program called MIPS. That stands for Merit-based Incentive Payment System and it is part of the MACRA law that was signed in April 2015. MACRA stands for the Medicare Access and CHIP Reauthorization Act. It replaces the sustainable growth rate (SGR) and is not going away as

Growing Pains?

So as you have all been experiencing in the past few years, healthcare in the U.S. is changing rapidly. The last blog gave a bit of history of those changes. The questions being asked now; are we creating technology that is being resisted and resented that is intended to provide *Better Care, Smarter Spending, and Healthier People? (*That’s the current way to express the Triple Aim.) Or are we just feeling the growing pains of change? We definitely caught a break or you could say the screams of resentment were effective in the passage of the Patient Access and Medicare Protection Act, which brings immediate relief for eligible professionals  that were rushing to try and attest to Stage 2 of

Decide to make 2016 NOT drab. Invest in your practice for great returns.

Investing money has always had an appeal to most of us. The idea of investing a small amount of money in a stock or mutual fund that skyrockets are what dreams are made of. Or are they? Why do we want to hinge our success on someone else’s business? On someone else’s ability to run a successful business in an industry we know little to nothing about? One of the most common mistakes doctors make is the one that causes them to look elsewhere for diamonds. One of my favorite books is “Acres of Diamonds” authored by Russell H Conwell. It is a story about a man who wanted to be rich and have diamonds, so he sold his farm and


Home About Our Blog Press Room Contact Us