ABOUT THE ISSUE
The AOA's Executive Partners work closely with the AOA year round to help the association provide members with resources and education in the unique specialty of otolaryngology practice management. This special edition of the AOA Now features educational content from our Partners. For more information and resources from our Partners, please visit the Partner page on the AOA website.
Transform Your Practice with amgTM's High-Performing Clinic Model
What keeps your practice’s patients coming back, time and time again? Whether it is their loyalty to a specific physician, the quality and value of the services and products you offer, or the superior patient experience from scheduling an appointment to the billing process, there must be something that retains and attracts new patients consistently. Without these specific qualities, your practice is running on borrowed time.
When Audiology Management Group sets out to transform a practice by applying our High-Performing Clinic Model, we look at several principles that audiologists and physicians rely on and combine their best features. Get started by downloading our informative resource guide and then contact us to set up a free practice assessment.
In-Office Sinus Procedures - It’s About More Than the Physician:
Optimizing Patient Experiences and Outcomes in the Office Takes the Whole Team
Performing in-office procedures enables physicians to deliver a superior patient experience, but it’s not just about the physician. It’s about the whole practice being aligned and working as a team. Everything from clinical support to practice management…it all contributes to a successful practice and optimal patient outcomes and experiences. Hear from the staff at Ear, Nose & Throat Consultants of Nevada on their team philosophy.
View the full live case broadcast.
Contact Entellus Medical to learn more about our complete ENT solutions focused on improving physician and patient experiences.
Simple Tool Increases Hearing Aid Sales by 19%
Are you interested in increasing your profits by nearly 20 percent with one simple tool? Fuel Medical Group’s EDGE Placemat combined with a uniform pricing strategy can help you do just that. The audiology department of a large health system implemented these two strategies and a consistent process when explaining treatment plans tied to patient-specific lifestyles.
The 12 full-time audiologists at five locations saw significant growth across multiple key performance indicators in just 12 months! The number of patients choosing a higher level of technology during the counseling process was significant and far outpaced prior year data. In fact, the health system saw a 19 percent increase in hearing device purchases compared to the previous year. If you want to streamline and simplify your hearing aid purchase process while increasing your sales, contact Fuel today at 360-210-5658 and visit www.FuelMedical.com. Partner with Fuel and see your profits grow.
Understanding How MIPS Applies to Your Practice
If you perform CT in your office, you may be wondering how CMS’s new MACRA payment program will affect billing for your in-office CT.
MACRA (Medicare Access and CHIP Reauthorization Act) will be reducing reimbursement rates for traditional fee-for-service models, and increasing reimbursement rates for providers who adopt “quality performance measures” via one of two programs: (1) MIPS (Merit-Based Incentive Payment System) or (2) APM (Advanced Alternative Payment Model).
If your practice uses MIPS, physicians’ fees will be adjusted based on performance in four categories: quality, advancing care information, clinical improvement activities, and cost. It is a competitive program that will distribute payments between healthcare providers based on relative performance. The program will be scored on a 100-point scale, and those earning a final score of 70 or higher in 2017 will be eligible for an "exceptional performance adjustment" from a pool of $500 million.
CMS has requested that reporting for MIPS begin Jan. 1, 2017. Data from your first performance year will determine your payment adjustments beginning Jan. 1, 2019.
Additional MACRA implementation guidelines are slowly being released, and Xoran will keep you updated with the latest-and-greatest information about what you need to know to maximize your reimbursement under MACRA.
Read more here about the MACRA/MIPS Update in the upcoming AOA Oto's Scope magazine.