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 other Meaningful Use requirements. Starting in 2017, they will be eliminating the Clinical Decision Support (CDS) and Computerized Order Entry (CPOE) objectives, so for DCs that do both labs and x-rays, you will no longer have to track those. You can read the final rule here
All that good news and more, we have read through the 2400 page MACRA final rule here at the Academy and have the updated information ready for you in our Quality Payment Program. Healthcare is in a massive transition away from fee for service to a value-based reimbursement and the MACRA law lays out the blue prints of successfully reporting under that new reimbursement model. It is important for all of you to understand. Ignorance is not bliss. Empower yourself by learning what you can do now to participate in this movement toward value and patient centeredness.
As CMS Acting Administrator, Andy Slavitt stated yesterday at the American Academy of Actuaries annual meeting, “We can’t expect to do things the same way and make progress. And we have to take the opportunities we have for progress. Unlike many periods over the last 20 years, our opportunity for progress is richer than ever.” At the Academy, we believe there are tremendous opportunities for chiropractic in the value-based model, DCs can add new service lines to their practice that branch out from doing these measures, and they set themselves up for better care coordination and relationships with other provider types and health systems. You can read the rest of his address here.
Call Best Practices Academy and let us help you thrive in the new healthcare environment.