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2024 MIPS Changes and Their Impact on Emergency Medicine
- The Merit-Based Incentive Payment System (MIPS) is a mandatory quality payment system for clinicians who receive Medicare Part B payments unless they qualify for an exception or are part of an alternative payment model (APM). More than 655,000 eligible clinicians engaged with the MIPS program in 2021, according to the latest data from CMS. The...
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$460B spending bill averts shutdown, some physician pay cuts
Congress narrowly avoided a partial government shutdown, sending a $460 billion spending bill to the President’s desk over the weekend. The bipartisan deal, passed by the House 339-85 last...Sponsored by Brault Practice Solutions
New Reality of Medicare Physician Payments, Future with MIPS
The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) was enacted by Congress to address issues related to physician payments under Medicare. The primary goal of MACRA was to move away from...Most Surgeons Earned MIPS Bonus Payments in 2021, Study Finds
Most surgical healthcare professionals participating in the Merit-based Incentive Payment System (MIPS) earned bonus payments in 2021, with urologists seeing the highest adjustment, a study published...CMS Finalizes 1.25% Cut To Medicare Physician Fee Schedule
CMS has released the Medicare Physician Fee Schedule (PFS) final rule for calendar year (CY) 2024, finalizing a 1.25 percent overall reduction for physician services next year. The federal agency...Healthcare Services Cost More at Hospital Outpatient Departments
Costs for common medical procedures were up to 58 percent higher when they were performed in a hospital outpatient department compared to a doctor’s office, an analysis from the Blue Cross Blue...MGMA: EFT Fees Imposed by Health Plans Are Hurting Providers
Electronic funds transfer (EFT) fees imposed by health plans and third-party vendors are increasing costs and administrative burdens for healthcare practices, according to a position paper from the...AHA: Site-Neutral Payment Policies Hurt Hospitals
As healthcare prices are put under the microscope, the American Hospital Association (AHA) is criticizing a cost-cutting method to reduce prices for outpatient services. The hospital group’s...Primary Care Compensation Growth Surpassed Other Specialties in 2022
Primary care compensation and productivity grew at faster rates than other specialties in 2022, a survey from the American Medical Group Association (AMGA) found. AMGA’s 36th annual Medical...Physician Compensation Rises 17% Since 2018 as Shortages Persist
Physician compensation is on the rise as healthcare organizations confront persistent clinician shortages and record levels of burnout. The “Medscape Physician Compensation Report 2023”...Lawmakers Want to Tie Physician Payment Updates to Inflation
Several lawmakers are seeking to tie physician payment updates in Medicare to inflation to prevent potential physician shortage issues. Representatives Raul Ruiz, MD (D-CA-25), Larry Bucshon, MD...Sponsored by Brault Practice Solutions