tci Medicare Compliance & Reimbursement - 2015 Issue 5
Reimbursement: Get Ready For Your Payments To Switch From Volume To Value
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Article Overview
This article covers CMS’s planned shift in Medicare payment policy from traditional fee-for-service toward quality- and value-based models, along with the broader industry response. It is relevant to providers, coders, billing teams, compliance staff, and health IT leaders who need to understand how payment reform may affect quality reporting, EHR capabilities, and coordination with private payers. The article also discusses stakeholder concerns, implementation challenges, and the types of organizational changes being called for during the transition.
Why This Topic Matters
The payment model change could affect reimbursement strategy, quality reporting workload, and information system readiness across healthcare organizations. Understanding the policy direction helps teams prepare for operational and revenue-cycle changes tied to Medicare and related payer programs.
Article Sections
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Medicare’s Move Toward Value-Based Payment
Introduces the announced shift in Medicare payment policy and summarizes the broad direction of the change. It also frames the role of value-based models in the broader healthcare payment landscape.
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Alternative Payment Models and Expansion Efforts
Describes the types of payment models CMS has highlighted and the effort to broaden their use. It also references the stakeholder network created to support this transition.
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Brace Yourself for More Quality Reporting
Discusses concerns about quality measurement and the possibility of additional reporting demands. It also addresses the need for systems and workflows that can adapt to changing reporting expectations.
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Your Payments Could Fall Flat — At First
Covers the operational and financial pressures organizations may face during the early stages of the transition. It highlights the potential effect on margins and healthcare market structure.
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Private Payers May Cause You More Confusion
Looks at how differences among payer programs could complicate billing and reporting. It also discusses the possibility of uneven alignment between Medicare and other payment systems.
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Are You in for a Long, Bumpy Road Ahead?
Summarizes calls from professional organizations for more detail, coordination, and implementation guidance. It also outlines major areas identified as important for the transition to proceed.
What You Will Learn
- How CMS is changing the direction of Medicare payment policy
- Why value-based payment reform affects quality reporting and revenue cycle planning
- What kinds of operational and technology readiness issues organizations may face
- How stakeholder groups are reacting to the proposed transition
- Which broad implementation areas are being discussed for future guidance
Who Should Read This
- Medical coders
- Billers and reimbursement staff
- Compliance professionals
- Practice managers
- Health system administrators
- EHR and health IT teams
- Physicians and clinical leaders
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