ACO stands for “Accountable Care Organization” and like its name suggest it is an organization of all types of healthcare providers under one roof to provide more connected and collaborative quality to the patient as well as incentives for the healthcare providers for keeping the costs low. It comprises of small group of doctors, hospitals
Read more →Of course we want you to consider outsourcing your medical billing and admit it you are interested too and that is why you are here reading this. Internet literally has made the world a global village and managing distance and getting in contact are more easier than ever and why is that relevant to the
Read more →WHAT IS MACRA? MACRA stands for Medicare Access and CHIP Reauthorization Act. It was passed in 2015 as a bipartisan federal legislation to repeal the flawed SGR formula for calculating Medicare part B reimbursement payment rates for physicians. SGR was originally designed to control the increasing spending growth driven by the fee for service model.
Read more →Value based payment modifier or VM for short is essentially a plan involving modified payments under the Medicare Physician Fee schedule by the centers for Medicare and Medicaid (CMS). It’s based on quality and cost measures and the information for it is gathered through PQRS or in simple words physician quality reporting system participation. It
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