What Healthcare Must Plan for in Q4 2014
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Transcript of What Healthcare Must Plan for in Q4 2014
What to Plan for in Q4Wednesday, October 1, 2014
Disclaimer: Nothing that we are sharing is intended as legally binding or prescriptive advice. This presentation is a
synthesis of publically available information and best practices.
Q4 : October –December, 2014
44
22
33
11
The
Good
News
• Adoption of ICD-10 has been delayed.
• Final rule allows for delay in implementing MU1 2014 or MU2 (if you can attest to vendor delays).
Priorities
for
Q4
Meaningful Use
Value-Based Payment Modifiers
Transparency
Open Enrollment for ACA
Determine your strategy based on the final
rule.
Create an audit binder.
Prepare a statement citing why you should
be able to opt out of any part of MU.
Meaningful Use
Value-Based Payment Modifier
When reporting any clinical data to
CMS, make sure thresholds demonstrate
you are providing high quality care.
If you have any vendor problems with
data accuracy, fix them.
Transparency
Market your own practice and post your own prices.
Make sure to report good quality data.
Find out what providers in your area are charging and
how you compare. (MGMA & OPTUM are good sources.)
See how your reimbursement ranks vs. your competitors
on the Medicare website and ensure data accuracy.
Open Enrollment for ACA
Open Enrollment begins November 15.
Check and confirm patients’ eligibility, what plan they
are on, and their deductible before their scheduled
appointment. Keep this information in the practice
management system..
Notify patients about their deductible before they
come to the clinic; keep a card on file, or collect up
front.