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MACRA: It Is NOT TOO LATE!

June 5, 2017 by Nancy Babbitt, FACMPE, V2V Founder

Just ONE thing can make a big impact…

Let’s face it, MACRA seems like the latest in healthcare regulation “hell.”  How do you focus on the business of care delivery and participate in this year’s Medicare quality payment program?   Good news: it is not too late and not too complicated!  2017 is being characterized as a “transition” year, so take advantage of the reprieve CMS has given practices and “submit something!”

What does “submit something” mean, anyway?

Just this easy:  to avoid a negative Medicare fee schedule adjustment in 2019, (which is based on what you report for this year – 2017) all you must do is perform and report ONE of the following:

ONE Quality Measure

OR

ONE Improvement Activity

OR

Advancing Care Information – Base Measures (4 or 5 are required depending CEHRT Level)

In addition, many measures only require meeting the measure for ONE patient.  To report successfully completing a quality measure, you can submit that measures’ code for that ONE patient, on the patients’ claim form, for a 2017 date of service.

Frosting on the cake: it is not too late to try for a positive payment adjustment or the bonus points by reporting data for a 90-day period.  You need to get busy and use June to get organized and implement your plan.  If you start collecting data, in July or soon after, on the measures you choose, it gives you time to adjust and monitor if you have some issues to work out.

Remember: the last 90-day reporting period for 2017 is October 2, 2017 to December 31, 2017.

If all of this sounds like “Greek” to you, check out this website QPP.CMS.GOV to get educated and explore measure options. Use the resources available to you, i.e.; specialty societies, electronic health record, and data collection business partners to help, they are well versed in what measures their products can support.

You can do this!

If you need more help to get started, check out our V2V – 20 Step MACRA Action Plan at www.V2VMS.com.  It includes a recorded webinar walking you through the 20 MACRA Action Steps and explains the tips and tricks along the way to optimize your opportunities in MACRA. We can help!

Filed Under: Nancy Babbitt, FACMPE, V2V Founder

Blog Authors:

  • • Debra Wiggs, FACMPE
  • • Irv Barnett, MBA, CMPE
  • • Michelle Wier, MBA, CMPE
  • • Jacqueline Goodwill, APR, Advisor
  • • Charlotte Warburton, Transformationist

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“Knowing it is time to reshape your current reality is the first step to transformation. When we contacted V2V, our goal was to innovate our clinic network from all aspects; integration, structure, financial controls and leadership. Michelle and her team at V2V helped us develop a well-defined plan. In transformational management one hears Quality times Acceptance equals Results (Q*A = R). Along with the quality of recommendations, V2V worked diligently to garner both input and acceptance from providers and staff. This is what I believe will ensure long-term, sustainable success for our clinics in a very uncertain time..”

Steven D. Febus – Chief Financial Officer, Pullman Regional Hospital

“Knowing it is time to reshape your current reality is the first step to transformation. When we contacted V2V, our goal was to innovate our clinic network from all aspects; integration, structure, financial controls and leadership. Michelle and her team at V2V helped us develop a well-defined plan. In transformational management one hears Quality times Acceptance equals Results (Q*A = R). Along with the quality of recommendations, V2V worked diligently to garner both input and acceptance from providers and staff. This is what I believe will ensure long-term, sustainable success for our clinics in a very uncertain time..”

Steven D. Febus – Chief Financial Officer, Pullman Regional Hospital

“Michelle Wier, CMPE, worked with our EMS program for a year, providing interim financial management at a crucial time for our hospital district based agency. Her exemplary work included budget and tool development, redesign of our financial statements, and a compensation analysis for all EMS positions. She helped provide crucial accountability for our internal accounting systems, contract negotiation support and a streamlining of our in house processes and reporting structures. I highly recommend her work product and greatly appreciate her astuteness and work ethic.”

J. Michael Edwards, DDS, MD, FACS – Commissioner, San Juan County Public Hospital District #1 San Juan Island EMS and MedEvac

“Knowing it is time to reshape your current reality is the first step to transformation. When we contacted V2V, our goal was to innovate our clinic network from all aspects; integration, structure, financial controls and leadership. Michelle and her team at V2V helped us develop a well-defined plan. In transformational management one hears Quality times Acceptance equals Results (Q*A = R). Along with the quality of recommendations, V2V worked diligently to garner both input and acceptance from providers and staff. This is what I believe will ensure long-term, sustainable success for our clinics in a very uncertain time..”

Steven D. Febus – Chief Financial Officer, Pullman Regional Hospital

“With excitement and enthusiasm I announce the transition of Wier Management Solutions to V2V Management Solutions. I’m honored to partner with some of the industry’s best “Transformationists,” who will assist our clients in realizing and enhancing the value within their organizations.”

Michelle Wier – President, Wier Management Solutions, Inc.

“Knowing it is time to reshape your current reality is the first step to transformation. When we contacted V2V, our goal was to innovate our clinic network from all aspects; integration, structure, financial controls and leadership. Michelle and her team at V2V helped us develop a well-defined plan. In transformational management one hears Quality times Acceptance equals Results (Q*A = R). Along with the quality of recommendations, V2V worked diligently to garner both input and acceptance from providers and staff. This is what I believe will ensure long-term, sustainable success for our clinics in a very uncertain time..”

Steven D. Febus – Chief Financial Officer, Pullman Regional Hospital

“Knowing it is time to reshape your current reality is the first step to transformation. When we contacted V2V, our goal was to innovate our clinic network from all aspects; integration, structure, financial controls and leadership. Michelle and her team at V2V helped us develop a well-defined plan. In transformational management one hears Quality times Acceptance equals Results (Q*A = R). Along with the quality of recommendations, V2V worked diligently to garner both input and acceptance from providers and staff. This is what I believe will ensure long-term, sustainable success for our clinics in a very uncertain time..”

Steven D. Febus – Chief Financial Officer, Pullman Regional Hospital

“Knowing it is time to reshape your current reality is the first step to transformation. When we contacted V2V, our goal was to innovate our clinic network from all aspects; integration, structure, financial controls and leadership. Michelle and her team at V2V helped us develop a well-defined plan. In transformational management one hears Quality times Acceptance equals Results (Q*A = R). Along with the quality of recommendations, V2V worked diligently to garner both input and acceptance from providers and staff. This is what I believe will ensure long-term, sustainable success for our clinics in a very uncertain time..”

Steven D. Febus – Chief Financial Officer, Pullman Regional Hospital

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