MD Learning Channel - Medicine

How can you be more successful working in an environment where compliance consumes unprecedented resources? Chief of the Medical Staff Martin Heslin, MD, discusses the importance of embracing new arrangements to reduce expenses, engaging in bundled-payment discussions, using technology and other tools to strengthen communication with patients and improve follow-up care, and achieving more efficient documentation.

The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA, aka the “doc fix”) replaced the Sustainable Growth Rate formula, thereby avoiding feared cuts in provider payments. But it also brings significant changes in how Medicare pays physicians while accelerating the shift toward value-based reimbursement. Martin Heslin, MD highlights some of the pros and cons of the new law, including lump-sum payments and other alternative reimbursement models.