‘Getting Paid’: An AAFP resource to help you boost financial performance
By Jessica Ridpath, blog editor and senior research communications consultant at Group Health Research Institute
With an ever-changing financial climate in primary care, it’s challenging for practices to keep up with strategies that maximize reimbursements and opportunities that leverage new value-based payment models. Fortunately, there’s Getting Paid: a blog from the American Academy of Family Physicians (AAFP) that pulls together helpful news, tips, and insights on improving financial performance in primary care.
Getting Paid is part of the AAFP’s peer-reviewed journal, Family Practice Management, which aims to provide practical advice to family physicians on a range of issues, including revenue enhancement and change readiness. From updates on meaningful use and Medicare/Medicaid requirements to promising approaches to value-based payments and reimbursement, the Getting Paid blog highlights topics that can help primary care practices improve their financial outlook. Here’s a sample of some recent stories:
What’s changing in the new Medicare Physician Fee Schedule?
This story from November 6 summarizes important points from the 2016 final Medicare Physician Fee Schedule and links readers to a press release and fact sheets from the Centers for Medicare & Medicaid Services (CMS). Among key changes in the 2016 fee schedule is the launch of Medicare payments for Advance Care Planning (ACP) services.
A month in, how is ICD-10 doing?
On October 27, when ICD-10 was just shy of one month old, the blog reviewed early reports on what was feared to be a chaotic implementation nationwide. Despite widespread success with the ICD-10 transition, challenges persist related to coder productivity and payments for certain codes. Fortunately, this article lists a variety of resources and contacts that can help you navigate hurdles you may be facing related to ICD-10.
CMS updates meaningful use guidance for providers changing EHR vendors
In this October 5 story, primary practices that have changed electronic health record (EHR) vendors can learn how to avoid penalties for failing to demonstrate meaningful use. The article provides helpful links and contact information practices can use to apply for a hardship exception. Also described are the circumstances under which practices can still attest to meaningful use even when their EHR vendor has been decertified by CMS.
Check out the AAFP’s Getting Paid blog next time you have a question about changing Medicare requirements or are looking for new opportunities to boost your revenue. The clickable topic areas and search tool in the right-hand column should make it easy to find what you’re looking for.
What other resources do you use to keep up with news and views on improving financial performance in primary care? Please let us know by logging in and leaving a comment.