If you are in the healthcare arena; can you afford a $50,000 a day per violation fine?
I remember reading many years ago that farmers were the biggest gamblers as every year as they chance that their crops will be healthy but not too healthy so that they receive a fair price for their products. In today’s day and age, I think that Healthcare Professionals in the United States are the biggest gamblers as we spent many years studying before we hit the field and yet your next patient could be your last. Even worse, the compliance requirements in the…
MACRA (the Medicare Access and CHIP Reauthorization Act) is in a simplistic way Medicare’s new payment system. MACRA was approved with bilateral support, in other words, is not going anywhere as democrats and republicans agreed and approved the same. MACRA also requires action from the Medicare Providers if they wish to maximize their Medicare reimbursement. Therefore, and based on the complexity of the same we have decided to provide you some key information in a numerical fashion as to increase understanding…
Increases efficiency, standardizes processes, reduces mistakes, minimizes liability, offers protection from breaches, simplifies training. If you don’t know what we are talking about the answer is simple; policies and procedures.