ACOs/Shared Savings Demonstration Project: What Does It All Mean?

Size: px
Start display at page:

Download "ACOs/Shared Savings Demonstration Project: What Does It All Mean?"

Transcription

1 ACOs/Shared Savings Demonstration Project: What Does It All Mean? None Conflicts of Interest Sean P. Roddy, MD Albany, NY Accountable Care Organizations Term introduced in 2006 by Fisher et al. the hospital and its extended medical staff provide a natural organizational setting within which to improve the overall experience of care Affordable Care Act in 2010 mandated development of a Medicare shared savings program by June 1, 2012 ACO Model Why The Demonstration Project? Create incentives for healthcare providers to work together to treat each patient across care settings Doctor s offices Hospitals Long-term care facilities Avoid the presumed fragmented care seen using fee-for-service with disconnected payments Alter the paradigm where doctors & hospitals are compensated more by testing & procedures 1

2 CMS Shared Savings Program Goals Final SSP rule published November 2, Promote accountability for the care of Medicare beneficiaries 2. Require coordinated care for all services provided under Medicare 3. Encourage investment in infrastructure and redesigned care processes Medicare ACO - Payments Providers will initially receive payment under Medicare Fee-For-Service rules Initially, pay for reporting (like PQRS at present) Thereafter, pay for both reporting & performance Before an ACO can share in savings, it must demonstrate the quality standard for that year In latter years, part or all of the payments will transition to a population-based model ACO Quality Measures Developed A major concern with ACOs is the potential for withholding care or lowering quality care in order to achieve financial gain On one hand, savings can be seen by not consulting additional specialty physicians or ordering additional testing On the other hand, ACO quality measures must be achieved to qualify for the shared savings E.g., hemoglobin A1C levels, etc. 33 ACO Quality Measures Four Domains - Equally Weighted Patient/caregiver experience (7 measures) Care coordination/patient safety (6 measures) Preventive health (8 measures) At-risk population: Diabetes (6 measures) Hypertension (1 measure) Ischemic Vascular Disease (2 measures) Heart Failure (1 measure) Coronary Artery Disease (2 measures) 2

3 33 Quality Measures 7 are collected via patient survey 3 are calculated via claims data 1 is calculated from Medicare Electronic Health Record (EHR) Incentive Program data 22 are collected via the ACO Group Practice Reporting Option (GPRO) Web interface Only 23 measures are scored The patient experience survey modules are scored as 1 The all-or-nothing diabetes / CAD measures are each 1 Quality Measures Quality Performance Score Each domain given equal weight (25% of total score) In each domain, individual measures equally weighted Failure to achieve the quality performance standard in 70% of the measures in each domain will result in a corrective action plan and reevaluation in the following year If an ACO scores a zero for an entire domain, it will not be able to share in the savings generated Medicare Options For ACO Medicare Shared Savings Program A program that helps a Medicare fee-forservice program providers become an ACO Advance Payment ACO Model Supplementary incentive program for selected participants in the Shared Savings Program Pioneer ACO Model Designed for early adopters of coordinated care No longer accepting applications Medicare Shared Savings Program 5,000+ Medicare Fee-For-Service patients Participation for at least 3 years Each ACO must establish a governing body to: Develop processes to promote evidence-based medicine Promote patient engagement Internally report on quality and cost Coordinate care If no savings achieved, no significant MD risk 3

4 Advance Payment ACO Initiative Potential for some organizations to receive some upfront payments to help fund development of the program in the start up phase CMS will recoup these advance payments from an ACO s shared savings Eligibility CMS favors low total annual revenue, critical access hospitals, and rural locations Advance Payment ACO Why? To assess whether providing an advance (in the form of upfront payments to be repaid in the future) will increase participation Will advanced payments: Allow ACOs to improve care for beneficiaries Generate Medicare savings more expeditiously Increase the actual amount of Medicare savings Advance Payment ACO Payments An upfront, fixed payment Each ACO will receive a fixed payment. An upfront, variable payment Based on # of historically assigned beneficiaries A monthly payment of varying amount depending on the size of the ACO Based on # of historically-assigned beneficiaries Pioneer ACO 32 organizations were selected nationally Began January 1, 2012 Higher levels of both risk and reward First two years require comparison to historical controls for the 670,000 seniors In year three if savings are realized, the ACO is eligible for population-based payment per month to replace all or some fee-for-service 4

5 Pioneer ACO Reported 1st Year Performance July 2013 Quality measures results Outperformed fee-for-service in 15 clinical measures 25 of 32 ACOs reduced risk-adjusted readmissions 13 shared in savings & 1 had a shared loss 18 were either below the threshold for sharing or not at risk for loss Nine abandoned in the first year Two groups left ACO Demonstrations altogether Seven groups pursuing an alternative ACO model after failing to produce savings Second Phase of the ACO Programs CMS should issue regulations in 2014 to address various areas of concern: One-side risk versus two-side risk Setting Benchmarks Beneficiary assignment Cost for operating ACO is 1-2% while savings is 0.5% Second Medicare Shared Savings Program ACO cycle to start in 2015 Pioneer ACO Demos move to population-based payment in 2014 Alternative Payment Models (APMs) ACOs are more focused on primary care Request for Information sent out by CMS on Specialty Payment Models SVS HPC is reviewing potential options Creation of a usable AV access Enrollment in an APM key to new bills Bonus payments if a significant share of revenue MD then excluded from the MIPS assessment 5

6 Impact on Vascular Surgeons Incentives change from volume to quality Current quality measures do not generally apply to vascular surgery at the mercy of other specialties for gain or loss Obligation to validate each surgical procedure will rest on the vascular surgeons Evidence to perform the procedure Quality metrics associated with the operation Conclusions ACA has mandated testing of ACO models SVS will analyze and comment on any new ACO proposed regulations and APM programs Outcomes are still pending with significant concerns over the required benchmarks / cost Vascular surgeons are at the mercy of the primary MDs for gain/loss in the ACO The SVS must lead efforts to demonstrate necessity and quality measures for vascular interventions both open and endovascular 6

Current Status Of Legislation on Quality Bench Marks

Current Status Of Legislation on Quality Bench Marks Conflicts of Interest Current Status Of Legislation on Quality Bench Marks None Sean P. Roddy, MD Albany, NY Reason For Quality Measures Progressive increase in healthcare costs under the fee-for-service

More information

FACT SHEET. November 1, *See the HIMSS ACO Final Rule Executive Summary for more details on the One-Sided and Two-Sided Payment Models

FACT SHEET. November 1, *See the HIMSS ACO Final Rule Executive Summary for more details on the One-Sided and Two-Sided Payment Models FACT SHEET Quality Reporting and Performance Improvement Requirements For Accountable Organizations Participating in the Medicare Shared Savings Program Background November 1, 2011 Section 3022 of the

More information

2018 Quality Measure Benchmarks Overview

2018 Quality Measure Benchmarks Overview 2018 Quality Benchmarks Overview What Are Quality Benchmarks? When a clinician or group submits measures for the Merit-based Incentive Payment System (MIPS) quality performance category, each measure is

More information

Medicare Accountable Care Organizations What & Why?

Medicare Accountable Care Organizations What & Why? Medicare Accountable Care Organizations What & Why? Third National Accountable Care Organization Congress David Saÿen, MBA Regional Administrator Centers for Medicare & Medicaid Services San Francisco

More information

Advancing Risk Capability in 2015: Medicare Shared Savings Program and ACO Investment Model. March 23, 2015 // 12:00 P.M. 1:00 P.M.

Advancing Risk Capability in 2015: Medicare Shared Savings Program and ACO Investment Model. March 23, 2015 // 12:00 P.M. 1:00 P.M. Advancing Risk Capability in 2015: Medicare Shared Savings Program and ACO Investment Model March 23, 2015 // 12:00 P.M. 1:00 P.M. EST CENTER FOR INDUSTRY TRANSFORMATION The DHG Healthcare Center for Industry

More information

No change from proposed rule. healthcare providers and suppliers of services (e.g.,

No change from proposed rule. healthcare providers and suppliers of services (e.g., American College of Physicians Medicare Shared Savings/Accountable Care Organization (ACO) Final Rule Summary Analysis Category Final Rule Summary Change from Proposed Rule and Comments ACO refers to a

More information

2015 ANNUAL QUALITY AND RESOURCE USE REPORT

2015 ANNUAL QUALITY AND RESOURCE USE REPORT Download Your Report to: --> PDF 508 Compliance CSV 2015 ANNUAL QUALITY AND RESOURCE USE REPORT AND THE 2017 VALUE-BASED PAYMENT MODIFIER SOUTHEAST TEXAS MEDICAL ASSOCIATES LLP LAST FOUR DIGITS OF YOUR

More information

The Physician Value-Based Payment Modifier under the 2014 Medicare Physician Fee Schedule. December 3, 2013

The Physician Value-Based Payment Modifier under the 2014 Medicare Physician Fee Schedule. December 3, 2013 The Physician Value-Based Payment Modifier under the 2014 Medicare Physician Fee Schedule December 3, 2013 Medicare Learning Network This MLN Connects National Provider Call (MLN Connects Call) is part

More information

Proposed ACO Rule: How Will It Affect Academic Medical Centers?

Proposed ACO Rule: How Will It Affect Academic Medical Centers? Proposed ACO Rule: How Will It Affect Academic Medical Centers? This roundtable discussion is brought to you by the Teaching Hospitals and Academic Medical Centers Practice Group Wednesday, May 25, 2011

More information

Medicare Shared Savings Program: Accountable Care Organizations final rule

Medicare Shared Savings Program: Accountable Care Organizations final rule Medicare Shared Savings Program: Accountable Care Organizations final rule Summary Table of Contents: Background.......1-2 Executive Summary......2-3 Medicare ACO Eligibility........3 Medicare ACO Structure

More information

HHS Issues Final ACO Regulations

HHS Issues Final ACO Regulations Client Alert October 25, 2011 HHS Issues Final ACO Regulations On Oct. 20, 2011, the Department of Health and Human Services (HHS) and the Centers for Medicare and Medicaid Services (CMS) released the

More information

HEALTH ECONOMICS AND REIMBURSEMENT

HEALTH ECONOMICS AND REIMBURSEMENT HEALTH ECONOMICS AND REIMBURSEMENT VASCULAR CY 2016 MEDICARE PHYSICIAN FEE SCHEDULE (PFS) UPDATE Abbott Vascular is pleased to provide you with this summary of the Medicare Physician Fee Schedule (PFS)

More information

Value Based Purchasing

Value Based Purchasing Value Based Purchasing Cary Sennett, MD, PhD Fellow, Economic Studies Brookings Institution Mini Summit on Payment Reform Trends October 27, 2011 Why? CBO projects inexorable rise in federal spending Health

More information

HIPAA and Payment Reform ACOs, Medical Home & Bundled Payments

HIPAA and Payment Reform ACOs, Medical Home & Bundled Payments HIPAA and Payment Reform ACOs, Medical Home & Bundled Payments By: Paul T. Smith, Shareholder Hooper, Lundy & Bookman, P.C. psmith@health-law.com 23 rd National HIPAA Summit Washington, D.C. March 17,

More information

CY 2014 Physician Quality Reporting System (PQRS)

CY 2014 Physician Quality Reporting System (PQRS) CY 2014 Physician Quality Reporting System (PQRS) 101 Table of Contents Step 1: Understand PQRS and how it impacts you A. When was PQRS first established and implemented? B. What is PQRS? C. How does CMS

More information

AMGA MIPS Collaborative. June 21, 2017

AMGA MIPS Collaborative. June 21, 2017 AMGA MIPS Collaborative June 21, 2017 Calculating the MIPS score The MIPS composite performance score will include four weighted categories: MIPS Composite Performance Score Quality Cost Improvement activities

More information

Medicare s Shared Savings Program: Accountable Care Organizations Proposed Rule

Medicare s Shared Savings Program: Accountable Care Organizations Proposed Rule Medicare s Shared Savings Program: Accountable Care Organizations Proposed Rule On March 31, 2011, the Centers for Medicare and Medicaid Services (CMS) issued its proposed rule on Medicare s Shared Savings

More information

What You Need to Know About CMS Quality and Resource Use Report

What You Need to Know About CMS Quality and Resource Use Report What You Need to Know About CMS Quality and Resource Use Report Heidy Robertson-Cooper, MPA Maryland Family Medicine Summit June 24, 2016 Learning Objectives Describe the purpose of CMS Quality Resource

More information

CMS PROPOSES KEY PROVISIONS OF MACRA PHYSICIAN PAYMENT SYSTEM FOR 2019

CMS PROPOSES KEY PROVISIONS OF MACRA PHYSICIAN PAYMENT SYSTEM FOR 2019 Thursday, April 28, 2016 CMS PROPOSES KEY PROVISIONS OF MACRA PHYSICIAN PAYMENT SYSTEM FOR 2019 The Centers for Medicare & Medicaid Services (CMS) late yesterday issued a proposed rule implementing key

More information

Growth and Success of Accountable Care Organizations (ACOs) in the US from Dennis Horrigan June 2016

Growth and Success of Accountable Care Organizations (ACOs) in the US from Dennis Horrigan June 2016 Growth and Success of Accountable Care Organizations (ACOs) in the US from 2010-2016 Dennis Horrigan June 2016 Introducing Dennis Horrigan Dennis R. Horrigan President and Chief Executive Officer Catholic

More information

ALSTON&BIRD LLP. Summary of Agency Proposals Related to Accountable Care Organizations and the Medicare Shared Savings Program. I.

ALSTON&BIRD LLP. Summary of Agency Proposals Related to Accountable Care Organizations and the Medicare Shared Savings Program. I. ALSTON&BIRD LLP Summary of Agency Proposals Related to Accountable Care Organizations and the Medicare Shared Savings Program I. Executive Summary On March 31, 2011, the Centers for Medicare & Medicaid

More information

PRIMER: MACRA and the Merit-based Incentive Payment System (MIPS) Tara O Neill Hayes January 31, 2016

PRIMER: MACRA and the Merit-based Incentive Payment System (MIPS) Tara O Neill Hayes January 31, 2016 PRIMER: MACRA and the Merit-based Incentive Payment System (MIPS) Tara O Neill Hayes January 31, 2016 Background On April 16, 2015, the Medicare Access and CHIP Reauthorization Act (MACRA) was signed into

More information

A PRIMER FOR PRIMARY CARE

A PRIMER FOR PRIMARY CARE MACRA / MIPS Transition to value-based payment in Medicare A PRIMER FOR PRIMARY CARE Robert Resnik MD MBA Source: CMS What does MACRA Accomplish? Repeals the Sustainable Growth Rate (SGR) Formula Changes

More information

Predictive Qualifying Alternative Payment Model (APM) Participants (QPs) Methodology Fact Sheet What is the Predictive QP Status Analysis?

Predictive Qualifying Alternative Payment Model (APM) Participants (QPs) Methodology Fact Sheet What is the Predictive QP Status Analysis? Predictive Qualifying Alternative Payment Model (APM) Participants (QPs) Methodology Fact Sheet What is the Predictive QP Status Analysis? One of the Quality Payment Program s goals is to be clear about

More information

Volume to Value The Great Transformation of American Medicine

Volume to Value The Great Transformation of American Medicine Volume to Value The Great Transformation of American Medicine 2010-2020 Richard I. Fogel, MD FHRS Chief Clinical Officer St. Vincent Health October 2015 Fee for Service You get paid for what you do The

More information

Medicare Quality Payment Program Overview (MACRA)

Medicare Quality Payment Program Overview (MACRA) Medicare Quality Payment Program Overview (MACRA) December 2016 Rev. 12/1/16 Some general observations MACRA is complex More than a replacement for the SGR Many of the new requirements are revisions to

More information

The Medicare Shared Savings Program: Summaries of the Final Rule and Related Documents. Table of Contents. Introduction 2

The Medicare Shared Savings Program: Summaries of the Final Rule and Related Documents. Table of Contents. Introduction 2 The Medicare Shared Savings Program: Summaries of the Final Rule and Related Documents Table of Contents Introduction 2 CMS Final Rule on the Medicare Shared Savings Program 3 I. Background 3 II. Provisions

More information

September 6, Re: CMS-1600-P; CY 2014 Physician Fee Schedule Proposed rule comments

September 6, Re: CMS-1600-P; CY 2014 Physician Fee Schedule Proposed rule comments September 6, 2013 Centers for Medicare & Medicaid Services Department of Health and Human Services Attention CMS-1600-P Mail Stop C4-26-05 7500 Security Boulevard Baltimore, MD 21244-1850 Re: CMS-1600-P;

More information

Summary of proposed rule provisions for Accountable Care Organizations under the Medicare Shared Savings Program

Summary of proposed rule provisions for Accountable Care Organizations under the Medicare Shared Savings Program DEPARTMENT OF HEALTH & HUMAN SERVICES Centers for Medicare & Medicaid Services Room 352-G 200 Independence Avenue, SW Washington, DC 20201 Office of Media Affairs MEDICARE FACT SHEET FOR IMMEDIATE RELEASE

More information

The Future Of Medicare Physician Reimbursement

The Future Of Medicare Physician Reimbursement Portfolio Media. Inc. 111 West 19 th Street, 5th Floor New York, NY 10011 www.law360.com Phone: +1 646 783 7100 Fax: +1 646 783 7161 customerservice@law360.com The Future Of Medicare Physician Reimbursement

More information

2014 Physician Quality Reporting System: Group Reporting Requirements

2014 Physician Quality Reporting System: Group Reporting Requirements 2014 Physician Quality Reporting System: Group Reporting Requirements Lisa Lentz, MPH, Health Insurance Specialist and LeTonya Smith, CRNP, Health Insurance Specialist Presentation to the American Medical

More information

All About APMs: What Will It Take for Physicians to Earn the APM Bonus Under MACRA?

All About APMs: What Will It Take for Physicians to Earn the APM Bonus Under MACRA? All About APMs: What Will It Take for Physicians to Earn the APM Bonus Under MACRA? By Robert F. Atlas, David B. Tatge, and Lesley R. Yeung June 2016 On May 9, 2016, the Centers for Medicare & Medicaid

More information

The Case For Value ACA to MACRA to MIPS

The Case For Value ACA to MACRA to MIPS The Case For Value ACA to MACRA to MIPS 2016-2019 Robert E Nesse M.D. Professor of Family Medicine Mayo Medical School Senior Director of Health Care Policy and Payment Reform nesse.robert@mayo.edu What

More information

FAQs: Accountable Care Organizations (ACOs)

FAQs: Accountable Care Organizations (ACOs) FAQs: Accountable Care Organizations (ACOs) ACOs are groups of doctors, hospitals, and other health care providers who voluntarily form partnerships to collaborate and share accountability for the quality

More information

A Practical Discussion of Value and Quality Based Payments What Do I Do Now?

A Practical Discussion of Value and Quality Based Payments What Do I Do Now? Emerging Challenges in Primary Care: 2016 A Practical Discussion of Value and Quality Based Payments What Do I Do Now? Modified from AHLA Physicians and Hospitals Law Institute 2016 Faculty Ellie Bane

More information

CMS 1701 P UnityPoint Health. October 16, 2018

CMS 1701 P UnityPoint Health. October 16, 2018 CMS 1701 P UnityPoint Health 1776 West Lakes Parkway, Suite 400 West Des Moines, IA 50266 unitypoint.org October 16, 2018 Seema Verma, Administrator Centers for Medicare & Medicaid Services Department

More information

AAOS MACRA Proposed Rule Summary (Short)

AAOS MACRA Proposed Rule Summary (Short) AAOS MACRA Proposed Rule Summary (Short) Merit-Based Incentive Payment System (MIPS), Advanced Alternative Payment Model (APM) Incentive, and Criteria for Physician-Focused Payment Models Ref: CMS-5517-P

More information

9/23/2016. Our Services. Transitioning from Fee-for-Service to Value-based Reimbursement. Key Trends and Strategies for Rural Health Providers

9/23/2016. Our Services. Transitioning from Fee-for-Service to Value-based Reimbursement. Key Trends and Strategies for Rural Health Providers Transitioning from Fee-for-Service to Value-based Reimbursement Key Trends and Strategies for Rural Health Providers Paul MacLellan, CEO >> Health care consulting company >> Wholly owned subsidiary of

More information

CMS Proposals for Quality Reporting Programs Under the 2015 Medicare Physician Fee Schedule Proposed Rule

CMS Proposals for Quality Reporting Programs Under the 2015 Medicare Physician Fee Schedule Proposed Rule CMS Proposals for Quality Reporting Programs Under the 2015 Medicare Physician Fee Schedule Proposed Rule PQRS, EHR Incentive Program, Physician Compare, and VBM Kate Goodrich, M.D., M.H.S. Director, Quality

More information

First a word about the rising cost of retiree healthcare

First a word about the rising cost of retiree healthcare Medicare Trends First a word about the rising cost of retiree healthcare The average 66-year-old couple is expected to spend nearly 60% of their Social Security income on medical bills, according to a

More information

MACRA Overview. April 2016

MACRA Overview. April 2016 MACRA Overview April 2016 CMS is Focused on Progression from Volume-Based to Value-Based Payments Hospitals have some value-based payment via Hospital VBP, readmissions, and HAC programs Other provider

More information

MACRA Final Rule Summary

MACRA Final Rule Summary MACRA Final Rule Summary On October 14, 2016, the Centers for Medicare and Medicaid Services (CMS) released its final rule implementing the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA),

More information

MACRA: Redefining How CMS Pays Doctors. White Paper ELLIS MAC KNIGHT, MD DAN KIEHL, JD CONTACT. Senior Vice President/CMO. Associate Consultant

MACRA: Redefining How CMS Pays Doctors. White Paper ELLIS MAC KNIGHT, MD DAN KIEHL, JD CONTACT. Senior Vice President/CMO. Associate Consultant MACRA: Redefining How CMS Pays Doctors White Paper ELLIS MAC KNIGHT, MD Senior Vice President/CMO DAN KIEHL, JD Associate Consultant June 2016 CONTACT For further information about Coker Group and how

More information

The Medicare Shared Savings Program. November 2011

The Medicare Shared Savings Program. November 2011 The Medicare Shared Savings Program November 2011 Overview CMS vision and goals Medicare Shared Savings Program operation highlights Next steps 2 ACO Vision An ACO promotes seamless coordinated care Puts

More information

HIPAA and Payment Reform ACOs, Medical Home, Bundled Payments and Exchanges

HIPAA and Payment Reform ACOs, Medical Home, Bundled Payments and Exchanges HIPAA and Payment Reform ACOs, Medical Home, Bundled Payments and Exchanges By: Paul T. Smith, Partner Hooper, Lundy & Bookman, P.C. psmith@health-law.com 22 nd National HIPAA Summit Washington, D.C. February

More information

Government Issues Eagerly Awaited Proposed ACO Regulations

Government Issues Eagerly Awaited Proposed ACO Regulations Client Advisory Health Care April 12, 2011 Government Issues Eagerly Awaited Proposed ACO Regulations At long last, the oft-delayed Proposed Rule for Accountable Care Organizations (the Proposed Rule)

More information

THE $10,000 QUESTION: TACKLING THE COMPLEXITIES OF VALUE-BASED PHYSICIAN COMPENSATION

THE $10,000 QUESTION: TACKLING THE COMPLEXITIES OF VALUE-BASED PHYSICIAN COMPENSATION THE $10,000 QUESTION: TACKLING THE COMPLEXITIES OF VALUE-BASED PHYSICIAN COMPENSATION HFMA First Illinois Chapter August 12, 2014 Stu Schaff Manager, DGA Partners Agenda > Background & Context > Measures

More information

HOW TO UNDERSTAND YOUR QUALITY AND RESOURCE USE REPORT (QRUR)

HOW TO UNDERSTAND YOUR QUALITY AND RESOURCE USE REPORT (QRUR) HOW TO UNDERSTAND YOUR QUALITY AND RESOURCE USE REPORT (QRUR) Kaitlin Nolte Kansas Foundation for Medical Care, Inc. QI Project Manager Kaitlin.nolte@area-A.hcqis.org greatplainsqin.org 785-273-2552 ext.

More information

Population Health and Wellness: 2 Stories from Cleveland Clinic. Elizabeth Sump Senior Director, Health Policy Cleveland Clinic

Population Health and Wellness: 2 Stories from Cleveland Clinic. Elizabeth Sump Senior Director, Health Policy Cleveland Clinic Population Health and Wellness: 2 Stories from Cleveland Clinic Elizabeth Sump Senior Director, Health Policy Cleveland Clinic 1 2 population health stories Cleveland Clinic Employee Health Plan Cleveland

More information

The ACO Effort: A Status Report

The ACO Effort: A Status Report 1 The ACO Effort: A Status Report J. Mark Waxman mwaxman@foley.com 617-342-4055 2 Whats the fuss about? A need for accountability for cost and quality A belief that the system can improve if: Provider

More information

Clinically Integrated Networks and Population Health The next chapter in healthcare

Clinically Integrated Networks and Population Health The next chapter in healthcare Clinically Integrated Networks and Population Health The next chapter in healthcare M A T T H E W M A T U S I A K, D H S C, F R I P H ( UK) M T ( A S C P ) Health System Challenges While the Uninsured

More information

Medicare Access and CHIP Reauthorization Act of 2015 (HR. 2; MACRA)

Medicare Access and CHIP Reauthorization Act of 2015 (HR. 2; MACRA) Fact Sheet April 23, 2015 H.R.2 - Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) Background. The Medicare Sustainable Growth Rate formula (SGR), passed by Congress in 1997, was intended to

More information

Update on Medicare s Physician Incentive Programs

Update on Medicare s Physician Incentive Programs Physician Practice Roundtable Update on Medicare s Physician Incentive Programs An Overview of the Physician Quality Reporting System (PQRS), Value-Based Payment Modifier (VBPM), and Electronic Prescribing

More information

CNYCC Joint Board and Finance Committee Forum

CNYCC Joint Board and Finance Committee Forum 1 CNYCC Joint Board and Finance Committee Forum December 1, 2015 Michael Bailit Bailit Health 2 Meeting Agenda 1. Value-Based Payment Overview Environmental Context New York State Roadmap DSRIP Payment

More information

M E M O R A N D U M. Accountable Care Organizations: Analysis and Implications

M E M O R A N D U M. Accountable Care Organizations: Analysis and Implications 1501 M Street NW Seventh Floor Washington, DC 20005-1700 Tel: (202) 466-6550 Fax: (202) 785-1756 M E M O R A N D U M To: From: MEDICAL GROUP MANAGEMENT ASSOCIATION Powers, Pyles, Sutter and Verville, P.C.

More information

Aligning PQRS and Meaningful Use. Maximize your Medicare Reimbursement

Aligning PQRS and Meaningful Use. Maximize your Medicare Reimbursement Aligning PQRS and Meaningful Use Maximize your Medicare Reimbursement INTRODUCTION Brux McClellan, MPH, MHA Project Coordinator, HealthInsight Payment Adjustments Incentive $$ & Payment Adjustments Value

More information

PRACTICE TRANSFORMATION. Moving Towards A Future of Team Based Care. Michael A. Kolber, PhD, MD

PRACTICE TRANSFORMATION. Moving Towards A Future of Team Based Care. Michael A. Kolber, PhD, MD PRACTICE TRANSFORMATION Moving Towards A Future of Team Based Care Michael A. Kolber, PhD, MD 1 2 Financial Disclosures: None Thomas Cole, The Voyage of Life: Childhood 4 Medicare Passed into Law 1965

More information

Understanding and Facilitating Rural Health Transformation

Understanding and Facilitating Rural Health Transformation Understanding and Facilitating Rural Health Transformation 2017 Center for Rural Health Annual Meeting St. Simons Island, Georgia August 16, 2017 A. Clinton MacKinney, MD, MS Clinical Associate Professor

More information

Gulf Coast and LA HFMA Payer Summit Value-based contracts same healthcare business?

Gulf Coast and LA HFMA Payer Summit Value-based contracts same healthcare business? Gulf Coast and LA HFMA Payer Summit Value-based contracts same healthcare business? Richard R. Vath, MD FMOLHS SVP/Chief Clinical Transformation Officer President Health Leaders Network and Medicare ACO

More information

Integrating Population Health Analytics and the EHR Environment Session 87, March 6, 2018

Integrating Population Health Analytics and the EHR Environment Session 87, March 6, 2018 Integrating Population Health Analytics and the EHR Environment Session 87, March 6, 2018 Nina M. Taggart, MD, Senior Medical Director, Population Health and Payer Relations, Lehigh Valley Health Network

More information

4/8/17. The Changing Nature of Physician Payment and Health Care Reform in The AMA A Unifying Voice for Physicians

4/8/17. The Changing Nature of Physician Payment and Health Care Reform in The AMA A Unifying Voice for Physicians The Changing Nature of Physician Payment and Health Care Reform in 2017 U of Mo Family Medicine Update April 7, 2017 David Barbe, MD MHA President-elect American Medical Association VP Regional Operations

More information

Scripps Health ACO Update

Scripps Health ACO Update June 2016 Scripps Health ACO Update Marc Reynolds Senior Vice President, Payer Relations Scripps Health Anil N. Keswani, MD Corporate Vice President, Population Health Management Scripps Health 10 Key

More information

Quality Payment Program Year 2

Quality Payment Program Year 2 Quality Payment Program Year 2 MIPS Highlights Raising the performance threshold to 15 points in Year 2 (from 3 points in the transition year). Allowing the use of 2014 Edition and/or 2015 Certified Electronic

More information

Is There a Role for the Orthopaedic Surgeon in ACOs?

Is There a Role for the Orthopaedic Surgeon in ACOs? Is There a Role for the Orthopaedic Surgeon in ACOs? Michael R. Redler, MD Head Team Physician Sacred Heart University Visiting Assistant Clinical Professor University of Virginia Orthopaedic Consultant

More information

The MACRA Proposed Rule on MIPS and APMs: Summary and Key Takeaways

The MACRA Proposed Rule on MIPS and APMs: Summary and Key Takeaways The MACRA Proposed Rule on MIPS and APMs: Summary and Key Takeaways A White Paper May 2016 Impact Advisors LLC 400 E. Diehl Road Suite 190 Naperville IL 60563 1-800- 680-7570 Impact- Advisors.com Executive

More information

ACO Essentials Series

ACO Essentials Series ACO Essentials Series How to Use Health Endeavors Technology January, 2017 1/11/2017 1 Agenda Day 1&2 Interactive Analytic Tools Define ACO Goals- Success Plan Organizational Structure Executive TIN and

More information

Medicare Releases Final Rule for the Second Year of the Quality Payment Program

Medicare Releases Final Rule for the Second Year of the Quality Payment Program Medicare Releases Final Rule for the Second Year of the Quality Payment Program On Nov. 2, 2017, CMS issued the Calendar Year 2018 Quality Payment Program (QPP) final rule for the second transition year

More information

Fact Sheet: 2019 Merit-based Incentive Payment System (MIPS) Payment Adjustments based on 2017 MIPS Final Scores

Fact Sheet: 2019 Merit-based Incentive Payment System (MIPS) Payment Adjustments based on 2017 MIPS Final Scores Fact Sheet: 2019 Merit-based Incentive Payment System (MIPS) Payment Adjustments based on 2017 MIPS Final Scores The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) repealed the Medicare sustainable

More information

Health Care Policy Landscape: Market Trends & Frontline Perspectives

Health Care Policy Landscape: Market Trends & Frontline Perspectives Health Care Policy Landscape: Market Trends & Frontline Perspectives December 1, 2016 www.leavittpartners.com Post-Election, New Administration Insights Top 10 Health Policy Actions to Watch 1 2 3 4 Substantial

More information

An Introduction to Value Based Care. Evan Richards Product Leader Value Based Care Solutions May 2016

An Introduction to Value Based Care. Evan Richards Product Leader Value Based Care Solutions May 2016 An Introduction to Value Based Care Evan Richards Product Leader Value Based Care Solutions May 2016 2016 General Electric Company All rights reserved. This does not constitute a representation or warranty

More information

CPI Antitrust Chronicle July 2012 (1)

CPI Antitrust Chronicle July 2012 (1) CPI Antitrust Chronicle July 2012 (1) Health Care Reform, Provider Affiliations, and Antitrust Risks Lona Fowdur & John M. Gale Economists Incorporated www.competitionpolicyinternational.com Competition

More information

Market Trends: Volume to Value. Payment for dialysis access procedures in 2016 and beyond. Controlling costs. Fee for Service Coding Changes

Market Trends: Volume to Value. Payment for dialysis access procedures in 2016 and beyond. Controlling costs. Fee for Service Coding Changes Market Trends: Volume to Value Reimbursement is changing from payments based on fee-for-service (FFS) (volume) to a more value-based system and will shift some risk from payors to providers. Payment for

More information

Improving Innovation in Health Services Through Better Payment Reforms

Improving Innovation in Health Services Through Better Payment Reforms Improving Innovation in Health Services Through Better Payment Reforms FDA & Health James C. Capretta The views expressed are those of the author in his personal capacity and not in his official/professional

More information

QPP Other Payer Advanced APMs: CMMI Multi-Payer Model Payer Perspective

QPP Other Payer Advanced APMs: CMMI Multi-Payer Model Payer Perspective QPP Other Payer Advanced APMs: CMMI Multi-Payer Model Payer Perspective OCTOBER 30, 2017 Crystal Gateway Marriott Hotel Arlington, VA Laura Mortimer Public Health Analyst at Center for Medicare and Medicaid

More information

Thank you, and enjoy the webinar.

Thank you, and enjoy the webinar. Disclaimer This webinar may be recorded. This webinar presents a sampling of best practices and overviews, generalities, and some laws. This should not be used as legal advice. Itentive recognizes that

More information

Key Financial and Operational Impacts from the Proposed Rule to Implement MACRA:

Key Financial and Operational Impacts from the Proposed Rule to Implement MACRA: Key Financial and Operational Impacts from the Proposed Rule to Implement MACRA: The proposed rule implementing Access and CHIP Reauthorization Act of 2015 (MACRA) was made available on May 9, 2016. A

More information

Proposed ACO Rule: A Giant Step Toward Reform or a Leap of Faith for Providers? April 27, 2011

Proposed ACO Rule: A Giant Step Toward Reform or a Leap of Faith for Providers? April 27, 2011 Proposed ACO Rule: A Giant Step Toward Reform or a Leap of Faith for Providers? April 27, 2011 Barbara Eyman Ropes & Gray Barbara.Eyman@ropesgray.com 202.508.4760 Ropes & Gray LLP Stephen Warnke Ropes

More information

CY 2018 Quality Payment Program Final Rule Summary

CY 2018 Quality Payment Program Final Rule Summary CY 2018 Quality Payment Program Final Rule Summary On November 2, 2017, the Centers for Medicare and Medicaid Services (CMS) released its final rule outlining the requirements for year two of the Quality

More information

MEDICARE ACCESS AND CHIP REAUTHORIZATION ACT (MACRA) MERIT-BASED INCENTIVE PAYMENT SYSTEM (MIPS) REVIEW

MEDICARE ACCESS AND CHIP REAUTHORIZATION ACT (MACRA) MERIT-BASED INCENTIVE PAYMENT SYSTEM (MIPS) REVIEW MEDICARE ACCESS AND CHIP REAUTHORIZATION ACT (MACRA) MERIT-BASED INCENTIVE PAYMENT SYSTEM (MIPS) REVIEW I. MIPS Overview 1) Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) i) Signed into Law

More information

2018 Merit-Based Incentive Payment System (MIPS) Scoring Overview

2018 Merit-Based Incentive Payment System (MIPS) Scoring Overview The Physicians Advocacy Institute s Medicare Quality Payment Program (QPP) Physician Education Initiative 2018 Merit-Based Incentive Payment System (MIPS) Scoring Overview 1 P a g e MEDICARE QPP PHYSICIAN

More information

2010 HEALTHCARE STRATEGY GROUP

2010 HEALTHCARE STRATEGY GROUP 2010 HEALTHCARE STRATEGY GROUP Contents Foreword 3 CH. 1 Executive Summary 5 CH. 2 Contracting with CMS 8 Contract Terms 8 Application Notes 8 Contract Termination Causes 10 CH. 3 ACO Structure, Providers

More information

2014 Physician Quality Reporting System (PQRS): Implementation Guide 10/17/2014

2014 Physician Quality Reporting System (PQRS): Implementation Guide 10/17/2014 2014 Physician Quality Reporting System (PQRS): Implementation Guide 10/17/2014 CPT only copyright 2013 American Medical Association. All rights reserved. Page 1 of 43 Table of Contents Page Introduction

More information

Building a healthier world

Building a healthier world Building a healthier world Improving health care with accountable care John Stockton April 6, 2017 51.25.913.1 (12/16) The current system isn t working It isn t working for our country It isn t working

More information

Evidence-Based Program Reimbursement Strategies. Timothy P. McNeill, RN, MPH

Evidence-Based Program Reimbursement Strategies. Timothy P. McNeill, RN, MPH Evidence-Based Program Reimbursement Strategies Timothy P. McNeill, RN, MPH 1 Medicare & Value Based Purchasing 2 Medicare Advantage Changes 3 DSMT Requirements 4 CDSME Tip Sheet Opportunities for EB Programs

More information

The UNC Health Care System & BlueCross BlueShield of North Carolina Model Medical Practice: A Blueprint for Successful Collaboration

The UNC Health Care System & BlueCross BlueShield of North Carolina Model Medical Practice: A Blueprint for Successful Collaboration The UNC Health Care System & BlueCross BlueShield of North Carolina Model Medical Practice: A Blueprint for Successful Collaboration Session Overview Many forward-thinking organizations are forging ahead

More information

Health Care Financing Reform in the United States

Health Care Financing Reform in the United States Health Care Financing Reform in the United States Richard M. Scheffler,, PhD Distinguished Professor of Health Economics and Public Policy Director of the on Healthcare Markets and Consumer Welfare University

More information

MACRA: APPLICATIONS & IMPLICATIONS September 13, /13/2016. Mark Blessing, CPA, FHFMA Partner

MACRA: APPLICATIONS & IMPLICATIONS September 13, /13/2016. Mark Blessing, CPA, FHFMA Partner MACRA: APPLICATIONS & IMPLICATIONS September 13, 2016 Mark Blessing, CPA, FHFMA Partner mblessing@bkd.com Zach Remmich Managing Consultant zremmich@bkd.com 1 TO RECEIVE CPE CREDIT Participate in entire

More information

Evaluating the Fair Market Value of Pay for Performance

Evaluating the Fair Market Value of Pay for Performance April 2014 healthcare financial management FEATURE STORY Jen Johnson Alexandra Higgins Evaluating the Fair Market Value of Pay for Performance 1 AT A GLANCE When assessing a pay-for-performance arrangement,

More information

Next Generation Accountable Care Organization (ACO) Model Overview

Next Generation Accountable Care Organization (ACO) Model Overview The Physicians Advocacy Institute s Medicare Quality Payment Program (QPP) Physician Education Initiative Next Generation Accountable Care Organization (ACO) Model Overview Ad 1 P a g e MEDICARE QPP PHYSICIAN

More information

The Medicare Advantage program: Status report

The Medicare Advantage program: Status report C H A P T E R12 The Medicare Advantage program: Status report C H A P T E R 12 The Medicare Advantage program: Status report Chapter summary In this chapter Each year the Commission provides a status

More information

THE HEALTHCARE INDUSTRY HAS EXPERIENCED A SEISMIC EVENT. THE COMPETITIVE BEDROCK IS STILL SHIFTING.

THE HEALTHCARE INDUSTRY HAS EXPERIENCED A SEISMIC EVENT. THE COMPETITIVE BEDROCK IS STILL SHIFTING. THE HEALTHCARE INDUSTRY HAS EXPERIENCED A SEISMIC EVENT. THE COMPETITIVE BEDROCK IS STILL SHIFTING. HOW DO DO YOU YOU FIND FIND SURE SURE FOOTING FOOTING AS YOU AS BEGIN YOU DOWN BEGIN THE PATH DOWN TO

More information

MID-YEAR QUALITY AND RESOURCE USE REPORT

MID-YEAR QUALITY AND RESOURCE USE REPORT MID-YEAR QUALITY AND RESOURCE USE REPORT SOUTHEAST TEXAS MEDICAL ASSOCIATES LLP Last Four Digits of Your Medicare Taxpayer Identification Number (TIN): 7095 PERFORMANCE PERIOD: 07/01/2014-06/30/2015 ABOUT

More information

MACRA: New Medicare Reimbursement Models Sharp HealthCare

MACRA: New Medicare Reimbursement Models Sharp HealthCare MACRA: New Medicare Reimbursement Models Sharp HealthCare August 15, 2016 Nathan M. Bays, Esq. General Counsel, The Health Management Academy Executive Director, Advisors Caitlin Greenbaum, MPH Director,

More information

RE: Medicare Program; Medicare Shared Savings Program: Accountable Care Organizations

RE: Medicare Program; Medicare Shared Savings Program: Accountable Care Organizations February 6, 2015 Marilyn Tavenner Administrator Centers for Medicare and Medicaid Services (CMS) Department of Health and Human Services 7500 Security Boulevard Baltimore, MD 21244 Submitted electronically

More information

PQRS - The Basics PQRS Physician Quality Reporting System. Presented by: Marcy Le

PQRS - The Basics PQRS Physician Quality Reporting System. Presented by: Marcy Le PQRS - The Basics 2014 PQRS Physician Quality Reporting System Presented by: Marcy Le WHY TALK ABOUT PQRS? WHY DO WE CARE ABOUT THIS? 2014 is the last year that incentive money is available **incentive

More information

04/12/2016 C H A L L E N G E S F A C I N G U N I T E D S T A T E S H E A L T H C A R E S Y S T E M

04/12/2016 C H A L L E N G E S F A C I N G U N I T E D S T A T E S H E A L T H C A R E S Y S T E M M I C H A E L J. S E E L, M. D. I M P L E M E N T I N G C H A L L E N G E S F A C I N G U N I T E D S T A T E S H E A L T H C A R E S Y S T E M Emphasis on Health care, not Health Fragmented Delivery and

More information

MACRA: THE FINAL RULE. Last updated 12/13/16

MACRA: THE FINAL RULE. Last updated 12/13/16 MACRA: THE FINAL RULE Last updated 12/13/16 1 Background April 2015 MACRA (Medicare Access & CHIP Reauthorization Act) is signed into law to repeal the sustainable growth rate (SGR) which drastically cut

More information

When the Dust Settles-What s Next?

When the Dust Settles-What s Next? When the Dust Settles-What s Next? AMA IPPS Conference Robert Nesse M.D. Senior Director of Payment Reform Mayo Clinic nesse.robert@mayo.edu What is Driving the Change in Healthcare? Common Belief: The

More information

MACRA, MIPS, APMs & CPC+: What to Expect from All These Acronyms?! Monthly National Briefing April 26, 2016

MACRA, MIPS, APMs & CPC+: What to Expect from All These Acronyms?! Monthly National Briefing April 26, 2016 MACRA, MIPS, APMs & CPC+: What to Expect from All These Acronyms?! Monthly National Briefing April 26, 2016 1 Shari Erickson, MPH Vice President, Governmental Affairs & Medical Practice American College

More information

PQRS and erx Incentive Program Updates. Julie Orton Van, CPC, CPC-P, CEMC 2013 AAPC Regional Conference Orlando, FL

PQRS and erx Incentive Program Updates. Julie Orton Van, CPC, CPC-P, CEMC 2013 AAPC Regional Conference Orlando, FL PQRS and erx Incentive Program Updates Julie Orton Van, CPC, CPC-P, CEMC 2013 AAPC Regional Conference Orlando, FL The information in this presentation was current at the time it was created. Medicare

More information