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Four Areas Where Technology Precipitates Clinical Success

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Presentation on theme: "Four Areas Where Technology Precipitates Clinical Success"— Presentation transcript:

1 Four Areas Where Technology Precipitates Clinical Success
Ryan Ryan Hackett, Solutions Architect, GBS Corp. Corine Binder, Healthcare Consultant, GBS Corp. 08/24/2017

2 Introductions Advanced Professional Services Team – Ryan Innovation
Wellness Assessment Tool (WAT) Data Analytics Consultative Services Workflow Optimization Team Reform – Corine Government Incentive Programs MIPS/CPC+/PCMH/Medicaid MU Analysis and Guidance Ryan – Touch on importance of collaboration amongst Team members (Ryan and Corine specifically)

3 Agenda Provide a brief summary on the current state of Meaning Use and MIPS/MACRA – Corine Expose attendees to several different approaches that will help keep your patients engaged – Ryan Expose attendees to several different approaches that will help keep your practice engaged – Corine Identify the current state and future vision of Revenue Cycle Management Services (RCMS) in the Healthcare industry – Ryan Ryan

4 Government Incentive Updates
IPPS Final Rule – Medicaid EHR Incentive Program – 2017 EHR (Objective) Reporting Requirements All Medicaid EP’s regardless of submission method are required to report any continuous 90 day period during CY 2017 versus previous requirement of a full year reporting period Corine

5 Government Incentive Updates
CQM Reporting Requirements – 2017 Medicaid providers are required to report a minimum of any continuous 90 day period during CY 2017 Medicaid EP’s are required to report on any six (6) measures relevant to the EP’s scope of practice during CY 2017 to better align with MIPS Quality performance requirements The reporting of zero denominators is still allowable during CY 2017 CQM’s being reduced from 64 to 53 to align with MIPS Quality reporting Corine

6 Government Incentive Updates
Medicaid EHR Incentive Program – 2018 EHR Reporting Requirements EP’s can upgrade to 2015 CEHRT but still report/attest to modified stage 2 measures The EHR reporting period is any continuous 90 day period within CY 2018 for new and returning participants attesting to CMS or their state Medicaid agency * Providers cannot attest to MU3 if on 2014 CEHRT Corine

7 Government Incentive Updates
Medicaid EHR Incentive Program – 2018 CQM Reporting Requirements The reporting period for CQM’s will be a full year during CY 2018 * Providers cannot attest to MU3 if on 2014 CEHRT Corine

8 Government Incentive Updates
Proposed MIPS Program – 2018 Increase low-volume threshold Integrate “Virtual Groups” Continue to allow 2014 Edition CEHRT while encouraging the use of 2015 Edition CEHRT Add bonus points to the scoring methodology for: Caring for complex patients Using 2015 Edition CEHRT exclusively The reporting period for CQM’s will be a full year during CY 2018 Corine

9 Government Incentive Updates
Proposed MIPS Program – 2018 (cont.) Incorporate MIPS performance improvement in scoring quality performance Add new hardship exception for clinicians in small practices under the ACI performance category Add bonus points to the “Final Score” of clinicians in small practices Continue to award small practices 3 points for measure in the Quality performance category that do not meet the data completeness requirements. AUC – Add to Improvement Activities Category to self attest if they use AUC through a qualified clinical decision support mechanism for all advanced diagnostic imaging services orders Corine

10 Patient Engagement Leverage Big Data to Identify High-Risk Patients
Population Health Utilize technology to analyze clinical data and automate patient alerts and appointment reminders Designate a Patient Engagement Advocate Identify Improvement Activities Implement Programs Monitor Progress Ryan – Patient advocates should be charged with turning strategic ideas to concrete actions. Utilize payers as a reference when drafting your patient advocate job description.

11 Patient Engagement Assist with Medication Management
Patient Portal Integration Appointment Scheduling Account Payment Options Access to “Office Visit” Documentation CCDA Requirements Patient Education (Related to 2018 MIPS/MACRA Requirements) Ryan

12 Patient Engagement Shared Decision Making
Partnership between physician and patient Patient involvement in “Care Plan” development Leverage Interoperability Opportunities Access to comprehensive data is imperative when cultivating patient engagement Take note of payer and patient engagement strategies that set the stage for commitment to your patients’ long-term health Ryan

13 Patient Engagement Goals Improve the overall patient experience
Quality of Care Patient Satisfaction Improve the overall health of particular patient populations Decrease the overall cost of care Ryan

14 Practice Engagement Goal Sharing Appropriate Staffing
Recruiting Requirements Access to Education/Training Materials Standard Operating Procedures (SOPs) Staff On-Boarding Clinical Workflow Billing/Coding Staff Retention Employee Recognition Programs Competitive Wages Corine

15 Revenue Cycle Management Services (RCMS)
Choose a solution that encompasses the entire RCM continuum, from patient registration through billing and collections Solution must focus on meeting and exceeding your needs while generating revenue and creating patient satisfaction Develop Standard Operating Procedures (SOPs) to ensure that all billings are performed in a timely accurate manner Develop KPIs to monitor progress and trends over time Ryan

16 RCMS Statistics 85% of providers are looking to replace current RCM system 29% of hospitals are using advisors and consultants 70% of practices are considering outsourcing 93% of CFO’s report they will eliminate under-performing vendors 94% of CFO’s believe transformation can impact their financial health $10.3B spent as of June 2016 (budget year) on RCM and Ancillary Services Up to $11.9B by June 2018 (budget year) 33% who had a plan to replace in 2016 have failed Ryan

17 Advanced Pre-Billing (APB)
APB is one method to proactively initiate the billing cycle in an effort to create efficiency and drive revenue in your Practice Ryan – Automates EMR charge passing and cleans billing data before entering your Revenue Cycle System

18 RCMS Benchmarks MGMA Benchmark Data (KPIs) Ryan

19 RCMS Benchmarks Additional MGMA Benchmarks (KPIs) Ryan

20 RCMS in Review Traditional: 10% – 15% net revenue lost
30 – 45+ days in Accounts Receivable (AR) Denial rates at 5% Staff leaving equates to lost revenue Dependent on PM system Less time for Patient interaction Potential: 10% - 15% improved revenue Less than 25 days in AR Denial rates below 1% Staff focus on exceptions Not focused on PM system Focus on high priority items More time for Patient interaction Ryan

21 Thank you for your time today!
Questions Thank you for your time today!


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