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Relieving Regulatory Burdens on Small Practices and Solo Providers

Relieving Regulatory Burdens on Small Practices and Solo Providers<br><br>To know more about our Cardiology Billing and Coding services you can call us at 888-357-3226 or write to us at info@medicalbillersandcoders.com<br><br>Click Here: https://bit.ly/3leK6QD<br>Get a Free Quote: https://bit.ly/30DFr2z<br><br>#texasmedicalbillingandcodingservices #medicalbillingauditing #medicare #medicalbillingandcoding #MBC #medicare #MIPS #HIPAA #PHI #smallpractice #MACRA #CMS

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Relieving Regulatory Burdens on Small Practices and Solo Providers

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  1. Relieving Regulatory Burdens on Small Practices and Solo Providers Medical Billers and Coders

  2. Regulatory burdens on small practices and solo providers have never been greater, including MIPS/MACRA, HIPAA, patient-centric engagement, as well as the need to comply with fee-for-service and value-based care contract requirements. In this blog, we will focus on the reduced regulatory burden for MIPS and how a systematic approach will help you to reduce HIPAA compliance. What is a Small Practice? CMS considers a small practice to include solo practitioners and practices with 15 or fewer providers who bill under the same Tax Identification Number (TIN). The CMS Participation Status Tool indicates whether clinicians have small practice special status.

  3. MIPS • CMS has simplified reporting for small practices this year so it is easier to earn 15 MIPS points and avoid a negative 5% payment adjustment in 2020. There are a variety of strategies a small practice can utilize to obtain 15 points without spending a lot of time and resources on reporting. • More Clinicians Are Exempt • Small Practice Bonus • 3 Point Minimum Score for Quality Measures • Hardship Exception for Promoting Interoperability • Double Points for Improvement Activities • Virtual Group Reporting

  4. HIPAA • One of the complexities of HIPAA compliance is that it’s not always clear what’s mandatory and what isn’t. You’ll notice that certain implementation standards are designated as required, while others are called “addressable.” Avoiding violations is best done through a systematic approach. • Use a HIPAA-Compliant Electronic Health Record • HIPAA Covered Entities Must Have a National Provider Identifier • Protect Your Patients’ PHI • Lockdown Your Electronic Medical Information • Know how to handle PHI Breaches by the Book

  5. Get in Touch Medical Billers and Coders Email : info@medicalbillersandcoders.com Toll Free no: 888-357-3226

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