Can your medical practice afford a 7-9% drop in your Medicare payments? Medicare programs that started out as incentives have now completely transitioned to full penalty programs. Payments in 2017 may be reduced by as much as 9% if you fail to successfully participate in Medicare Penalty Programs such as PQRS, Value-Based Modifiers (VBM) or Meaningful Use.
The most important thing to understand about these programs is that you must participate each year in order to avoid penalties 2 years in the future. And the requirements change annually (sometimes more often).
LEARN MORE FROM MSOC:
PQRS:
VBM:
Medicare Quality Program Resource List:
ADDITIONAL RESOURCES:
PQRS:
VBM:
MU:
At MSOC Health, our mission is to provide the business expertise and knowledge that will assist medical providers in proactively adapting to the changing healthcare environment and allow them to achieve their individual goals and lifestyle choices. We work with each practice to understand its unique characteristics and culture, provide information, and recommend approaches that will move the practice toward its vision of success.
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