The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) has replaced the Sustainable Growth Rate (SGR) formula. As a result, new guidelines for paying providers for care administered to individuals enrolled in Medicare Part B will come into effect for the following calendar year.
Providers that participate in MACRA through the Merit Based Incentive Payments System, or MIPS, reimbursement structure will be compensated based on the quality and efficacy of the care they provide. Through this system, providers will receive a composite performance score, which will be derived based on:
Due to an increasing amount of high-deductible health insurance plans, patients are becoming more engaged consumers. As a result, physicians and practices are looking for ways to increase the value of their care while keeping their practices running efficiently.
EMR software and pharmacy automation are two IT solutions that have made a large impact on healthcare systems. Therefore, it’s no wonder physicians are asking: how can interoperability between EMRs and pharmacy automation contribute to cost-efficient and value-based care?read more
Move Your Practice From PTOS to 1st Providers Choice With Zero Downtime.
If your practice currently uses PTOS billing and practice management software and is looking to switch, 1st Providers Choice is prepared to help. Switching billing software programs can be a huge hassle to you, your staff, and your patients. Fortunately, the transition of moving is much easier with 1st Providers Choice. We offer live data conversions for all your PTOS patient data, insurance carriers, referring providers, and patient appointment data.
1st Providers Choice has over 31 years of experience in the physical therapy software industry. Our EHR and practice management software is fully ONC certified. 1st Providers Choice gives you the freedom to access your EMR software from anywhere. Our platforms are all accessible with mobile electronic devices such as iPhones, iPads, and Android devices. 1st Providers Choice also offers an easy-to-use therapy patient portal allowing patients to document their subjective complaint prior to their onsite visit. This allows therapist to save tons of clinical documentation time.