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What Do The Healthcare Industry And Politics Have On Common?

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What do the healthcare industry and politics have in common? Both can expect a wild year ahead in 2016. While the political world will see a new president elected, one who will not only have to create more jobs, balance the budget, solve climate change AND defeat ISIS, the healthcare industry will continue to face confusion and uncertainty with shifting payment models to new government mandates to continuing battles over maintaining certification. The silver lining in this dark cloud is that 2016 will also present more opportunities for doctors to improve patient care by leveraging technology and strengthening care deliver teams, and receive more reimbursements for time they actually spend treating patients. In an effort to help small- and medium-sized practices avoid the pitfalls while enjoying the spoils, here are 6 things ever practice owner needs to be aware of to plan for the New Year: Be Prepared to Finally Embrace Alternative Payment Models Payments models will continue to change in 2016 and in order to get paid what they deserve, physicians will have to prepare to take on more risk. When Congress passed the Medicare Access and CHIP Reauthorization Act (MACRA) in April, providers across the country breathed a sigh of relief. It wasn’t long, however, until doctors realized that solution came with a price: incentives to move away from the old fee-for-service payment model toward quality-of-care models for Medicare payments. Practice owners will need to start adapting
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