Increasing Revenue and Profitability

There is a shift in the reimbursement model of the Center for Medicare and Medicaid Services (CMS). A change from fee-for-service to value-based payment, and CMS estimates over 622,00 eligible clinicians will be subject to the Quality Payment Programs reporting and requirements in 2020. These clinicians can earn bonus and incentive payments or face an automatic maximum penalty for non-participation. This shift emphasizes the importance of patient care and lower medical cost. Revenue Cycle Managers will enable clinicians how to effectively transition to the CMS-Quality Payment Programs and increase their revenue and profitability.