Helping to build the patient-focused, data-driven organization
FPSC Annual Conference 2017: Registration Now Open!
JW Marriott, Chicago
Join your AMC physician practice peers at the Vizient-AAMC Faculty Practice Solutions Center (FPSC) Annual Conference 2017! This year's conference focus pertains to organizations facing the challenge of optimizing performance in a healthcare world still dominated by volume-based reimbursement while simultaneously positioning themselves 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 will have the opportunity to learn and discuss strategies for transforming clinical practice to achieve high-value and high-quality healthcare.
Additional conference information, including registration, can be found here.
The Vizient and AAMC teams look forward to seeing you in Chicago! For registration support or additional information about the conference, please contact Regina Holmes.
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:
Physical Medicine: Neurological
Transplant Surgery: Liver
Specialties added that were not included last year:
Medical Oncology with Infusion
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.
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:
FPSC General Overview
Clinical Activity Suite
Revenue Cycle Suite
If you have questions about training, please contact FPSC Support.
FY2016 Billing Office Survey
The FY2016 Billing Office Survey is now open for participation! The survey offers insights to help faculty physician groups determine 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 provided insights into 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)
MACRA Overview Available
Please use the links below to access the recordings of the FPSC’s recent MACRA Overview webcast.
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.
Annual 2015 QRUR Reports Released
The 2015 QRUR reports were released by CMS on September 26, 2016. The reports can be accessed on the CMS Enterprise Portal at https://portal.cms.gov using an Enterprise Identify Management (EIDM) account with the correct role. See the How to Obtain a QRUR Page for instructions on how to set up an EIDM account and access your TIN’s QRUR. Information about the QRURs is available on the 2015 QRUR website. For questions, please contact Jake Langley or Kathy Yue.
FPSC Annual Conference 2016
The 2016 FPSC Annual Conference featured an exciting agenda packed with fantastic keynotes, focus track sessions on practice, revenue cycle, and quality and efficiency management, as well as ample professional and pre-conference social networking activities. To access meeting materials, please click on the materials link below.
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.
Vizient and AAMC are partnering with five academic medical centers across the country on an initiative to improve health care coordination between primary care physicians and specialty physicians. The $7 million project is being funded by the Center for Medicare and Medicaid Innovation (CMMI) to evaluate the impact of implementation of a consultation and referral platform that is integrated into the electronic health record. To learn more, please visit the Vizient, AAMC, or CMS websites.
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.