It’s hard to believe that on January 1, 2019, the Merit-Based Incentive Payment Program (MIPS) moves into its third year. New data from the Centers for Medicare & Medicaid Services (CMS) shows that 93% of MIPS-eligible clinicians who participated in MIPS 2017 (Year 1) earned positive payment adjustments and 95% avoided a negative payment adjustment.
To help eye care practices learn how patient relationship management software helps improve patient outcomes and builds a more profitable practice, we are sharing this guest blog from Solutionreach, a First Insight integration partner. The following practice success story features a MaximEyes Cloud client, Springhouse Eye Associates in Pennsylvania, who uses Solutionreach services.
Not sure what business expense qualifies as a tax deduction in 2018 for your eye care practice? The clock is ticking away to maximize Section 179 tax deductions for 2018. You’ll want to read this if you’re planning to purchase or lease ophthalmic diagnostic or office equipment, computers, office furniture, or practice management and EHR software before the end of the year.
A college student, a CEO, and a retiree walk into an office at the same time. This isn’t the intro to one of those “so X walks into a bar” jokes...it’s the reality you and your staff face every day. Communication with three diverse patients like this presents plenty of challenges. Thankfully, we have advanced technology like EHR patient portals to support your eye care patient communication efforts.
For the seventh consecutive year, First Insight, developers of MaximEyes certified EHR and practice management software for eye care professionals, received the 2018 Learning! 100 award from the Elearning! Media Group for achieving excellence for “best-in-class” learning and development programs. This year First Insight was honored in the “performance” category for the MaximEyes Power Trainings we host in select cities throughout the United States.
Do you have a security risk analysis plan in place? Did you designate a compliance officer who keeps up with HIPAA changes? If you answered “no” or “I don’t know” to the previous questions, chances are your eye care practice has room to improve when it comes to HIPAA compliance.
Is your eye care EHR and practice management software ready for 2019 ICD-10-CM (diagnosis) code updates? Does your EHR software provide automatic ICD-10 updates and have a keyword searchable database to help you find codes without committing them to memory?
Providing great patient care is the mission of your eye care practice. However, your optometry and ophthalmology practice is also a business—and you need to keep that business alive by achieving revenue goals. Heard of EHR data mining? It’s a term worth knowing if you want to grow your eye care business.
Treating hundreds of patients each week is the norm for Dr. Greg Caldwell, who is one of four optometrists at a large eye care group practice in Pennsylvania. As their optometry practice continued to grow, paper charts and records caused daily inefficiencies for him, his staff, and colleagues.
Now that the Merit-Based Incentive Payment System (MIPS) 2017 submission period is closed, don’t think you can procrastinate and put MIPS on the back burner for the rest of 2018.
One of the biggest changes in 2018 is that eligible clinicians (ECs) must now report Quality and Cost performance category data to the Centers for Medicare & Medicaid Services (CMS) for a full 12 months, beginning in the first quarter of 2019—which means the performance period has already begun.