On March 9, 2021, Susanne Madden of the Verden Group gave a webinar on Value Based Contracts: Are You Ready? The entire webinar is available to view here.
By the end of 2018, the Centers for Medicare and Medicaid Services (CMS) intends to tie 90% of payments to Medicare fee-for-service clinicians to their performance on quality measures. The Merit-Based Incentive Payment System (MIPS) consists of 271 such measures which were designed to provide an objective yardstick to identify and financially reward those physicians who provide the highest quality care to their patients. To ensure that they are able to participate in these incentive programs, which can result in Learn More “JUDGING THE QUALITY OF QUALITY MEASURES”
In the Value-Based Payment world (VBP), physicians are financially rewarded or penalized depending on the quality of care they provide or the outcomes their patients achieve. In order to determine which providers win and which lose in this scenario, data analysis is essential. This means that providers – many of whom only recently began implementing electronic health records – are now responsible for managing a tremendous volume of patient data. This responsibility comes at a high cost. Challenge #1 – Learn More “DATA REPORTING IS KEY FOR SUCCESS IN VBP: CHALLENGES AND COST”