Helping to build the patient-focused, data-driven organization
We changed our login process on September 18, 2016. 1. On your first visit, please reset your password. 2. Your email address will now serve as your username.
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.
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)
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:
FPSC General Overview
Clinical Activity Suite
Revenue Cycle Suite
If you have questions about training, please contact FPSC Support.
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.
Benchmark values in the FPSC Productivity Summary, Clinical Fingerprint, E&M Distribution, New Patient Visit Ratio and Charge Lag reports are in the process of being developed.
FPSC Annual Conference 2016
DOING WELL BY DOING GOOD
Thanks to all who attended this year's FPSC Annual Conference at the InterContinental Hotel in downtown Chicago. Attendees from around the country gathered to hear from national health care leaders and fellow members on strategies to optimize performance in a healthcare world still dominated by volume-based reimbursement while simultaneously positioning themselves for success in a value-based future-state environment. This year’s Annual Conference featured anexciting 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. For questions, please contact Will Dardani.
We look forward to seeing you next year at the 2017 FPSC Annual Conference! More information on the 2017 Conference will be available later this year.
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 2014 QRUR reports were released by CMS on September 9, 2015. 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 2014 QRUR website. In addition, CMS has prepared a Fact Sheet providing additional details on 2016 Physician Quality Reporting System (PQRS) payment adjustments. For questions, please contact Jake Langley or Kathy Yue.
New FPSC Physical Medicine Subspecialties
The FPSC team has collaborated with clinical and administrative leaders of the academic physiatry community on the development of sub-specialty benchmarks for the Physical Medicine and Rehabilitation specialty and will be publishing new benchmarks this year:
Physical Medicine: Neurological
Physical Medicine: Pain and Spine
Physical Medicine: Sports – MSK
Physical Medicine: General
(please note: current Physical Medicine benchmark for calendar year 2014 will remain the same once the new subspecialties are published)
These sub-specialties will ultimately replace the previous Physical Medicine specialty. More details on the new Physical Medicine sub-specialty benchmarks as well as the previously published Physical Medicine: Pediatric Rehabilitation benchmark is available via the link below.
Beginning this summer, members of the FPSC Production Team will be sending a list of your existing Physical Medicine providers to your organization’s project and data liaisons asking to remap these providers to one of the aforementioned sub-specialties.
Thanks to all who attended this year's FPSC Annual Conference at the Hyatt Regency Chicago. Nearly 250 attendees from around the country gathered to hear from national health care leaders and fellow members on strategies to optimize clinical and operational performance across the continuum of care. This year’s Annual Conference featured an exciting agenda packed with three 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. For questions, please contact Bob Browne or Will Dardani.
We look forward to seeing you next year at the 2016 FPSC Annual Conference! More information on the 2016 Conference will be available later this year.
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.
Vizient Bundles of Care Tool
The Vizient Bundles of Care (BOC) tool links patient-level data from the Vizient Clinical Data Base (CDB) and the Faculty Practice Solutions Center (FPSC) to allow monitoring of patient outcomes and utilization patterns beyond the inpatient setting. Each report offers over 100 bundle-specific metrics to assist with better understanding of variation, readmissions, complications, resource utilization, and length of stay. Designed for high-level, executive viewing, the dynamic dashboard puts all of these metrics in easy-to-understand graphs and charts.
BOC is provided free of charge to organizations that subscribe to both the Vizient CDB and the FPSC. For additional background and to view sample reports, click here. For more information, contact Bob Browne.