MACRA RISK ASSESSMENT IS MANDATORY
TO ENSURE FULL PAYMENT FROM MEDICARE/CMS YOUR OFFICE NEEDS A MACRA/HIPAA RISK ASSESSMENT AUDIT The federal government has done away with automatic adjustments (increases) in reimbursements for medical care. Physicians, Nurse Practitioners, Physician Assistants and other professionals will have reimbursement level determined by milestones and quality measures that will reduce payments by up to 4% (difference could actually be 8% of your potential fees) in 2019 and by up to 18% (considering potential increases and bonuses) by 2022.
What will this cost my office?
Failure to comply with MACRA -Simple math: If reimbursement = $400,000/year, then 18% X $400,000/year = $72,000/year lost >>> so, new reimbursement = $328,000/year… Mandated MACRA/HIPAA Risk Assessment (including continued compliance plan) by Taino Consultants: $1,500 to $3,000 for the average office. Protect yourself and your business for a fraction of the guaranteed loss if you do not comply…
Why is this happening?
The Medicare Access and CHIP Reauthorization Act (MACRA) REQUIRES that all providers receiving payment from Medicare and Medicaid – via the Centers for Medicare & Medicaid Services (CMS) – have a Security Risk Assessment performed. AND, Along with this are various permutations of at least eight (8) other quality measures MUST be met if your office is to receive full reimbursement for your services. Learn more about MACRA here: MACRA Simplified.
What can my office do?
Be proactive. You must perform the Risk Assessment to guarantee compliance. At Taino Consultants, we provide MACRA-qualified Risk Assessments and MACRA Compliance Plans. Our job is to assist and defend physicians, hospitals and healthcare providers so they can do their jobs: take care of patients – and have a secure income for themselves and their families…
Appropriate response is mandatory. Do not take the risk… We can assist you in any area of the country. Email us now for an immediate assessment (info@Taino Consultants.com).