Centers for Medicare & Medicaid Services (CMS) Announces New Policies to Improve Patient Care

Centers for Medicare & Medicaid Services (CMS) Announces New Policies to Improve Patient Care image

As a physician, you are clearly vested in your patients well being and strive to provide the highest quality care to each person who visits your practice. We also understand that caring for these people can be a challenge as they require management plans both in the office and at home. Fortunately, the Centers for Medicare & Medicaid Services (CMS) has recently finalized a new payment rate and policies to help coordinated care be better managed and executed.

As the standards for care and approaches change, medical billing must change as well. Chronic care management now means these face to face meetings are more difficult to maintain. This means that at-home care and other alternatives have become a way to avoid multiple hospital stays and other costly visits, thus reducing care costs.

New rates are expected to increase in 2014 and the largest increases are expected for medical specialties as well as mental health service providers including psychiatrists, clinical psychologists and clinical social workers.

The Centers for Medicare & Medicaid Services (CMS) have proposed new policies to improved patient care.

These changes, along with many other proposed by CMS are all focused on continued improvement of patient care through ease of participation in it’s programs. Patient management systems as well as the Physician Quality Reporting System are transforming our health system to spend dollars more wisely while achieving more favorable outcomes for patients.

Efforts to streamline the system in the past have not addressed outpatient visits to the extent this proposal does, reducing the codes for outpatient care from five to just one will better reflect the the resources used while cutting down on complicated coding for these generally simpler visits.

As a physician, these changes will affect your practice and billing. For more information about how this may impact your practice visit for a fact sheet regarding the proposed changes. There you can also find links to the entire proposal and more detailed overviews of the changes.

Other Articles That May Interest You

Get Reimbursed by Insurance Companies

Contact us today to ensure your office is getting paid for the work that you do.

Get Started