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FY2017 FPSC Academic Billing Office Survey

The FY2017 FPSC Academic Billing Office Survey submission window is now open.  The annual survey offers insights to assist faculty physician groups in determining how to best manage and allocate resources for professional fee billing and identify opportunities to improve billing and collection performance.  In recent years, the survey has tracked billing system adoption and comparative performance of organizations that have recently completed, are in preliminary discussions with billing system vendors, or are in the midst of a billing system transition.  Participating organizations receive a comprehensive report along with trended key performance indicators.

For questions related to the survey, please contact Greg Askin (312) 775-4121.

CY 2018 Medicare Physician Fee Schedule Proposed Rule Webinar

AAMC and Vizient staff hosted a web conference on August 9th to help faculty practice organizations understand the impact of the proposed CY 2018 Medicare Physician Fee Schedule and to better prepare organizations as Medicare continues to propose changes to physician reimbursement mechanisms. A pdf version of the presentation is available below. For questions related to the proposals, please contact Gayle Lee or Jake Langley.

Quality Payment Program (MACRA): Overview of the Proposed Rule

CMS recently released a proposed rule that makes some significant changes to the second year of the Quality Payment Program as required by the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA). AAMC and Vizient (FPSC) hosted a webinar to discuss the major proposals in the rule related to the implementation of the Merit-based Incentive Payment System (MIPS) and Advanced Alternative Payment Models. A copy of the presentation is available below.

FPSC Training Opportunities

Visit the FPSC Training Calendar to register for upcoming virtual training opportunities.  We are pleased to offer these sessions as a way for new users to learn more about the FPSC and for established users to get a refresher on what the FPSC has to offer.These sessions will be offered on a monthly basis and will focus on:
  • Clinical Activity Suite
  • Revenue Cycle Suite
  • Rotating Topic Discussion

If you have questions about training, please contact FPSC Support.  

FPSC Annual Conference 2017

Hundreds of healthcare professionals gathered June 14-16 at the Vizient-AAMC Faculty Practice Solutions Center (FPSC) Annual Conference 2017. This year's conference focused on the challenge of optimizing performance in a healthcare world still dominated by volume-based reimbursement while simultaneously preparing for success in a value-based future-state environment.

 

Through a series of thought-provoking keynotes, focus track sessions, roundtable discussions, and networking opportunities, attendees were able to learn about and discuss strategies for transforming clinical practice to achieve high-value and high-quality healthcare.


Access meeting materials 

2017 Clinical Activity Benchmarks

2017 Clinical Activity Benchmarks are appearing online.  Each year the FPSC samples providers and sends a survey instrument to FPSC contacts across the membership to collect validated CFTE and specialty information.  RVU values assigned to billing data for January to June of 2016 are annualized, and with the CFTE values from the returned surveys, benchmark pools are established.

Benchmarks are calculated based on providers that are 60% clinical in most instances, 40% clinical when needed.  To establish a benchmark, we require at least 20 providers from at least 6 organizations.  87% of specialties had benchmark pools of 30 providers or more. 

Two differences this year are that we are not replacing the benchmarks for the entire previous year.  That means that 2015 and 2016 will display the same benchmarks.  New benchmarks will appear as of 1/1/2017 and going forward the benchmarks will be updated annually at the 1st of the year.  Also new is that we've elected to carry forward benchmarks that were published last year but did not meet the thresholds for inclusion this year.

Specialty benchmarks carried forward:

  • Audiology
  • Neuropsychology
  • Physical Medicine: Neurological
  • Transplant Surgery: Liver

Specialties added that were not included last year:

  • Medical Oncology with Infusion
  • Surgery: Oral
  • Surgery: Pediatric Cardiac
  • Surgery: Pediatric Neurosurgery

Benchmarks are now available for 121 clinical specialties and sub-specialties.  

2016 Revenue Cycle Suite Benchmarks Published

In October, the FPSC Revenue Cycle Suite reports were updated with 2016 benchmarks. Benchmarks are available on a variety of measures, including net collection rates, timeliness of collections, denial rates, and denial resolutions. The 2016 benchmarks are generated using invoices created in calendar year 2015 and activity on those invoices through the first six months of calendar year 2016.

To learn more, contact Jennifer Jenkins at (312) 775-4216.

MACRA Overview Available

Please use the links below to access the recordings of the FPSC’s recent MACRA Overview webcast.

Merit-Based Incentive Payment System Proposed Rule CY 2016 (recording)
Merit-Based Incentive Payment System Proposed Rule CY 2016 (presentation)

MACRA: Alternative Payment Models Proposed Rule CY 2016 (recording)
MACRA: Alternative Payment Models Proposed Rule CY 2016 (presentation)

The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) proposed rule was released on April 27, 2016, establishing a new Medicare payment system for physicians – the Merit-Based Incentive Payment System (MIPS). MACRA also incentivizes participation in certain alternative payment models (APMs).

CMS will release the MACRA final rule later this Fall with changes officially going into effect January 1, 2017.  Medicare payment will not be impacted by MACRA until January 1, 2019.

If you have questions regarding MACRA or either of the overview webcast recordings, please contact Jake Langley.

CY 2016 Medicare Physician Fee Schedule Final Rule Webinar

AAMC and Vizient staff hosted a web conference on December 3rd to help faculty practice organizations understand the impact of the CY 2016 Medicare Physician Fee Schedule and to better prepare organizations as Medicare starts implementing the pay-for-performance programs. A PDF version of the presentation is available below. For questions related to the physician payment provisions, please contact Dave Troland. For questions about quality related provisions, please contact Jake Langley or Kathy Yue.

The New Quality & Efficiency Module

Nearly 50 groups have already signed up for the new module, is your group one of them?

The Vizient-AAMC Faculty Practice Solutions Center is pleased to offer a new module to help inform and support member initiatives to improve the cost, efficiency and quality of patient care.

Features of the New FPSC Quality & Efficiency Module:

Reports & Comparative Data Improvement Toolkits & Networking Opportunities
Robust comparative data on specific CMS quality, cost and outcome measures by GPRO reporting type Automatic enrollment in focused learning collaboratives that provide guidelines ad toolkits to help improve performance
Comparison of quality tiering scores by GPRO reporting type Member case studies on successful practices
Additional dynamic, detailed reports with comparative data to further help members assess performance Expanded networking opportunities including Webinars and symposiums
Staff who can help interpret your QRUR report and provide ad hoc custom analyses Staff who can serve as liaisons to help facilitate questions and share feedback directly from CMS on your behalf

Please note, the only additional data needed to participate in this module can be pulled directly from your CMS Quality and Resource Use Reports.

To learn more about the Quality & Efficiency Module please contact Jake Langley at 312-775-4239.

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