Title: The Impact of QPP on Cardio-Oncology Care
1(No Transcript)
2The Impact of QPP on Cardio-Oncology Care
Many professionals or experts working in the
healthcare IT industry, policy specialists and
new industry stakeholders continue to investigate
into the 1,473-page proposed rule released by
the CMS or Centers for Medicare and Medicaid
Services in July 2018 that provides updates on
the OPP or Quality Payment Program and Physician
Fee Schedule. This new update also summarizes the
Medicare Incentive-based Payment Program (MIPS)
and Advanced Payment Models. Where we Stand on
Healthcare Spending? An investigation comparing
health care spending, prices, utilization, and
healthcare results across 13 high-income nations
shows that in 2013 to 2016, the United States
spent far more on healthcare than the mentioned
high net worth countries, Despite this, Americans
had poor health care outcomes, which also
includes shorter life expectancy along with high
rate of chronic conditions. As an assessment,
the US spends 17.1 of the gross national product
on healthcare, but the United Kingdom spends 8.5
with the same healthcare outcomes. This model of
higher spending with bad outcomes is not
justifiable. Each year, the federal government
relies on the Sustainable Growth Rate to keep
costs low. Every passing year as the spending
increased, resulting in the formation of the
Medicare Access and CHIP Reauthorization Act of
2015 (MACRA) that stirred the focus from
fee-for-service to value-based payments.
3The Impact of QPP on Cardio-Oncology Care
- However, this transformation has both proponents
and detractors. But most importantly, it makes
sense that to be the best guardian of healthcare
dollars, physicians and healthcare units must
focus on providing the best care to our patients
at the lowest cost. The value of your work is
publicly reported and appreciated by patients as
well as payers. - One important thing to remember here is that for
participation in advanced alternative payment
models, the Merit-Based Incentive Payment System
(MIPS) for financial and quality reporting data
collection was started in 2017 and will be used
for payment adjustments or incentives in 2019. - The Impact of QPP on Cardio-Oncology Care and
Medical Billing - Identifying opportunities to rectify the
cardio-oncology care delivery along with billing
and coding should be a win-win. The Cardiologist
should know that taking full advantage of the QPP
program will be vital to maintain and improve
their reimbursement cycle. Utilizing the parts of
the program which directly measure
cardio-oncology processes and results will also
ensure suitable therapy for the patients. - One of the main objectives of the QPP is to give
cardiology healthcare facilities the flexibility
to choose the procedures and measures which are
meaningful to their practice.
4The Impact of QPP on Cardio-Oncology Care
- Of the four categories defined, two of the areas
Quality and Improvement Activities - provide the
opening to optimize clinical care specifically
for cardio-oncology physicians. For the program,
clinicians must pick six out of (about) 300
quality measures one of them should be an
outcome or high-priority measure. This Quality
category has a 50 weight for 2018 data year that
aligns with MIPS. - Quality Measures for increased Reimbursement
- For a physician who wants to directly impact
cardio-oncology care and take advantage of MIPS
QPP via medical billing and coding, the following
list has some worthy choices for Quality
measures. - Have shared decision making and discuss/provide a
care plan - Communicate through reports and coordination of
care - As you deal in the cardio-oncology screen for
tobacco use and provide cessation to manage
comorbidities - The Centers for Medicare and Medicaid Services
has an informational online tool that allows
cardiologists to explore the various measures
that may best suit their practice.
5The Impact of QPP on Cardio-Oncology Care
What next? As the QPP is pushed further in the
next couple of years, the penalties and
incentives will rise. There is no real option for
not participating. Therefore, participating in
the program is a clinician's best option for
success. For those healthcare units who manage a
large number of cardio-oncology patients, keeping
patient care and claims reimbursement on the same
track is not possible. In such, aligning your
priorities with experts in the cardiology medical
billing and coding like us will help ensure that
the quality measures are in check and the claims
submitted via us aid is pacing your revenue
cycle. As far as the patient population in
cardio-oncology increases, your ability to
provide high-quality care in a lucrative manner
will continue to grow in importance.