SlideShare a Scribd company logo
webinar
Getting Paid In 2019
Aimee Heckman, CPPM, CPB December 12, 2018
kareo.com
Agenda
2
Agenda
2
• Welcome & Introductions
• State of the Industry in 2018
• E/M Gets an Update
• Quality Payment Program
• Preparing for Success in 2019
• How Kareo Can Help
• Your Questions
kareo.com 33
How to Participate Today
Type your questions
Download today’s resources
View today’s presentation
kareo.com 44
Connect via Social
How to connect:
1) Follow @GoKareo on Twitter
2) Search for #KareoTip
3) Join the conversation using #KareoTip
twitter.com@GoKareo
facebook.com/GoKareo
linkedin.com/company/kareo
kareo.com 55
Kareo and PAHCOM
• PAHCOM has approved 1 CEU credit
• You’ll be asked at the end of the
webinar if you want a CEU certificate
• Certificates will be emailed within the
next few days
• Attendees must be logged into the
webinar to receive credit
Supporting Your Professional Development
kareo.com 66
Speaker
• Healthcare Business Consultant and President
at Ease RCM Solutions
• Certified Physician Practice Manager (CPPM)
and Certified Professional Biller (CPB)
• More than 30 years experience in Medical
Practice Management, Revenue Cycle
Management, PM/EHR implementation, and
business development
Aimee Heckman, CPPM, CPB
kareo.com
Agenda
7
Agenda
7
• Welcome & Introductions
• State of the Industry in 2018
• E/M Gets an Update
• Quality Payment Program
• Preparing for Success in 2019
• How Kareo Can Help
• Your Questions
State of the Industry 2018
Impact of ACA Changes and HIPAA Breaches
kareo.com 99
State of the Industry in 2018 – ACA Changes
ACA Changes - Elimination of Individual Mandate Penalty
• Congressional Budget Office estimates decline of 3 million
individual enrollments between 2018 and 2019
• Long term 3-13 million fewer insured
• Less incentive for individuals to maintain coverage all year
• Budgetary impact is uncertain because most who are likely to
drop coverage don’t currently get subsidies
kareo.com 1010
State of the Industry in 2018 – ACA Changes
“New” Plan Options – Short-term Health Plans
• Not required to meet the “essential coverage” requirements of
ACA
• Allowed to charge more for pre-existing conditions
• Attractive to younger, healthier individuals with incomes above
the limits for receiving federal subsidies
• Cost approximately 50% of what ACA compliant plans do
• Have higher deductibles than ACA plans
• May contain exclusions for coverage which payers are required to
disclose
kareo.com 1111
State of the Industry in 2018 – ACA Changes
Association Health Plans
• Allow smaller employers and self-employed individuals to band
together for better prices
• Provided by many of the same insurers as group and marketplace
plans
• Small Business Associations are promoting
• May be an option for small practices to consider
kareo.com 1212
State of the Industry in 2018 – ACA Changes
Potential Impact on Your Practice
• Increase in uninsured patients
• Greater chance of eligibility related rejections and denials
• Eligibility verification is more critical than ever for EVERY VISIT
kareo.com 1313
State of the Industry in 2018 – HIPAA Breaches
kareo.com 1414
State of the Industry in 2018 – HIPAA Breaches
kareo.com 1515
State of the Industry in 2018 – HIPAA Breaches
kareo.com 1616
State of the Industry in 2018 – HIPAA Breaches
kareo.com 1717
State of the Industry in 2018 – HIPAA Breaches
Security Risk Analysis is Critical
• Identify potential threats and vulnerabilities
• Assess effectiveness of current security measures
• Determine likelihood and impact of specific threats
• Prioritize mitigation of identified risks based on severity of impact
• Document your analysis and results
• Review and update periodically
Ongoing Training is Your Best Defense!
E/M Gets an Update
Why Overhaul E/M?
kareo.com 1919
E/M Gets an Update
kareo.com 2020
E/M Gets an Update
Why Overhaul E/M?
• Current documentation requirements based on 1995/1997
guidelines
• Physician burnout rates of 42% or more
• Patient dissatisfaction with doctors spending more time clicking
on computers than engaging face-to-face
kareo.com 2121
E/M Gets an Update
2019 Changes
• Elimination of requirement to document medical necessity of a
home visit versus an office visit
• Allowing providers to focus documentation on what has changed
since the last visit rather than having to re-document information
already contained in the medical record, provided that there is
evidence that the provider reviewed the information
• Clarifying that providers do not need to re-enter information on
chief complaint and history that has been entered by staff or the
patient – the provider must indicate that the information was
reviewed
kareo.com 2222
E/M Gets an Update
2021 Changes
• E/M office/outpatient visits levels 2-4 combined into one level
• Level 1 and level 5 codes will remain separate
• Increased flexibility for coding based on MDM or time rather than
95/97 standards
Keep in mind that commercial payers may or may not follow
suit.
kareo.com 2323
E/M Gets an Update
Effect of Proposed Changes from CMS
• Expected savings of 21 million administrative hours over 10 years
• Anticipated savings of $87 million in 2019 alone
Quality Payment Program
2017 Results and 2019 Changes
kareo.com 2525
Quality Payment Program – 2017 Results
2017 QPP Participation
• 93% earned positive
adjustment
• 2% received neutral
adjustment
• 5% received negative
adjustment
Positive Neutral Negative
kareo.com 2626
Quality Payment Program – 2019 Changes
2019 Category Weighting
• Quality: 45%
• Promoting Interoperability: 25%
• Improvement Activities: 15%
• Cost: 15%
45%
25%
15%
15%
kareo.com 2727
Quality Payment Program – 2019 Changes
The Bar Is Raised for 2019
• Minimum points to avoid penalty increases to 30
• Negative adjustment increased to 7% maximum
• Must use 2015 Certified EHR
Minimum Performance Periods Unchanged
• Quality: 12 months
• Cost: 12 months
• Improvement Activities: 90 days continuous
• Promoting Interoperability: 90 days continuous
kareo.com 2828
Quality Payment Program – 2019 Changes
Expanded Definition of MIPS Eligible Clinician
• Physical Therapist
• Occupational Therapist
• Qualified Speech-Language Pathologist
• Qualified Audiologist
• Clinical Psychologist
• Registered Dietitian or Nutrition Professional
kareo.com 2929
Quality Payment Program – 2019 Changes
Low-Volume Threshold (LVT)
• $90K or less in Part B allowed charges for covered professional
services
• Provide care to 200 or fewer Part B enrolled beneficiaries
OR
• Provide 200 or fewer covered professional services under the
Physician Fee Schedule
• Option to opt-in to MIPS if at least one but not all three of the
LVT criteria are met
kareo.com 3030
Quality Payment Program – 2019 Changes
Small Practices Get a Little Extra Help
• Increased small practice bonus to 6 points and including it as part
of the Quality category
• Continuing to award 3 points for submitted quality measures that
don’t meet data completeness requirements
• Continued support for small and rural practices through the
Small, Underserved, and Rural (SURS) technical assistance
initiative
kareo.com 3131
Quality Payment Program – 2019 Changes
Small, Underserved, and Rural Support Initiative
• Free support to small practices of 15 providers or less
• Help determine MIPS eligibility
• Assist in choosing appropriate measures and activities
• Perform practice readiness assessments and assist in developing
strategies for implementing Certified Electronic Health Record
Technology (CEHRT)
• Did I mention it’s FREE?
Get the help you need to participate and succeed in the Quality
Payment Program
Preparing for Success in 2019
Fine Tune Your Revenue Cycle
kareo.com 3333
Preparing for Success in 2019
Review Payer Contracts and Fee Schedules
• Track contract renewal dates using a simple spreadsheet that
includes payer name, address, original effective date, anniversary
date, termination notice requirement, and contact information
for payer representative
• Review current fee schedules and compare to actual payments
from your top payers
• Look for instances where allowed amount is your full fee
Opt-out of “Accelerated Payments”
• Don’t allow 2-3% of your revenue to be lost to service fees
• Payers cannot require you to accept “virtual credit cards” and
MUST provide information on how to opt-out
kareo.com 3434
Preparing for Success in 2019
Be Proactive In Minimizing the Impact of Patient Bad Debt
• Make sure your financial policy is up to date and includes language
on your no-show policy, self-pay policy, requirement for payment at
time of service for copays, deductibles, and past due balances
• Use the start of a new year as opportunity to update patient
demographic information AND get updated financial policy signed
• Know the statute of limitation on collecting debt in your state
• Remember that medical debt is now weighted differently in credit
scores, making medical bills a lower priority
• When using collection agency, know the rules about assessing fees to
patients, particularly Medicare beneficiaries
kareo.com 3535
Preparing for Success in 2019
Percent of Unpaid Medical Bills by Generation
44
47
60
58
61
68
64
68
74
0
10
20
30
40
50
60
70
80
2014 2015 2016
Baby Boomer Gen X Millennial
TransUnion Healthcare Millennial Report
kareo.com 3636
Preparing for Success in 2019
Make Your Bill More Likely to Get Paid
• Credit/debit cards are preferred payment method for most patients
• New technology allows payment of bills via text, phone, and credit
card on file
• Providing pre-service estimates can help patients understand their
responsibility and increase the likelihood of payment
• Offer multiple methods for receiving bills
• Educate patients on their responsibility
kareo.com
Agenda
37
Agenda
37
• Welcome & Introductions
• State of the Industry in 2018
• E/M Gets an Update
• Quality Payment Program
• Preparing for Success in 2019
• How Kareo Can Help
• Your Questions
kareo.com 3838
Awards and Rankings
Growth Awards
The speed at which medical
practices are moving to Kareo and
referring it to other providers.
Software Reviews and Rankings
3rd party recognition, driven by
direct customer feedback, equals
trust and credibility.
kareo.com 3939
Kareo Platform
kareo.com 4040
Kareo Platform Extensions
kareo.com 4141
How to Participate Today…
Type your questions
-- Questions After the Webinar --
888.775.2736 x1
sales@kareo.com
kareo.com 4242
Connect with Kareo
Stop by and say hi!
Kareo @GoKareo GoKareo
3353 Michelson Drive, Suite 400
Irvine, CA 92612
(888) 775-2736

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Getting Paid In 2019

  • 1. webinar Getting Paid In 2019 Aimee Heckman, CPPM, CPB December 12, 2018
  • 2. kareo.com Agenda 2 Agenda 2 • Welcome & Introductions • State of the Industry in 2018 • E/M Gets an Update • Quality Payment Program • Preparing for Success in 2019 • How Kareo Can Help • Your Questions
  • 3. kareo.com 33 How to Participate Today Type your questions Download today’s resources View today’s presentation
  • 4. kareo.com 44 Connect via Social How to connect: 1) Follow @GoKareo on Twitter 2) Search for #KareoTip 3) Join the conversation using #KareoTip twitter.com@GoKareo facebook.com/GoKareo linkedin.com/company/kareo
  • 5. kareo.com 55 Kareo and PAHCOM • PAHCOM has approved 1 CEU credit • You’ll be asked at the end of the webinar if you want a CEU certificate • Certificates will be emailed within the next few days • Attendees must be logged into the webinar to receive credit Supporting Your Professional Development
  • 6. kareo.com 66 Speaker • Healthcare Business Consultant and President at Ease RCM Solutions • Certified Physician Practice Manager (CPPM) and Certified Professional Biller (CPB) • More than 30 years experience in Medical Practice Management, Revenue Cycle Management, PM/EHR implementation, and business development Aimee Heckman, CPPM, CPB
  • 7. kareo.com Agenda 7 Agenda 7 • Welcome & Introductions • State of the Industry in 2018 • E/M Gets an Update • Quality Payment Program • Preparing for Success in 2019 • How Kareo Can Help • Your Questions
  • 8. State of the Industry 2018 Impact of ACA Changes and HIPAA Breaches
  • 9. kareo.com 99 State of the Industry in 2018 – ACA Changes ACA Changes - Elimination of Individual Mandate Penalty • Congressional Budget Office estimates decline of 3 million individual enrollments between 2018 and 2019 • Long term 3-13 million fewer insured • Less incentive for individuals to maintain coverage all year • Budgetary impact is uncertain because most who are likely to drop coverage don’t currently get subsidies
  • 10. kareo.com 1010 State of the Industry in 2018 – ACA Changes “New” Plan Options – Short-term Health Plans • Not required to meet the “essential coverage” requirements of ACA • Allowed to charge more for pre-existing conditions • Attractive to younger, healthier individuals with incomes above the limits for receiving federal subsidies • Cost approximately 50% of what ACA compliant plans do • Have higher deductibles than ACA plans • May contain exclusions for coverage which payers are required to disclose
  • 11. kareo.com 1111 State of the Industry in 2018 – ACA Changes Association Health Plans • Allow smaller employers and self-employed individuals to band together for better prices • Provided by many of the same insurers as group and marketplace plans • Small Business Associations are promoting • May be an option for small practices to consider
  • 12. kareo.com 1212 State of the Industry in 2018 – ACA Changes Potential Impact on Your Practice • Increase in uninsured patients • Greater chance of eligibility related rejections and denials • Eligibility verification is more critical than ever for EVERY VISIT
  • 13. kareo.com 1313 State of the Industry in 2018 – HIPAA Breaches
  • 14. kareo.com 1414 State of the Industry in 2018 – HIPAA Breaches
  • 15. kareo.com 1515 State of the Industry in 2018 – HIPAA Breaches
  • 16. kareo.com 1616 State of the Industry in 2018 – HIPAA Breaches
  • 17. kareo.com 1717 State of the Industry in 2018 – HIPAA Breaches Security Risk Analysis is Critical • Identify potential threats and vulnerabilities • Assess effectiveness of current security measures • Determine likelihood and impact of specific threats • Prioritize mitigation of identified risks based on severity of impact • Document your analysis and results • Review and update periodically Ongoing Training is Your Best Defense!
  • 18. E/M Gets an Update Why Overhaul E/M?
  • 20. kareo.com 2020 E/M Gets an Update Why Overhaul E/M? • Current documentation requirements based on 1995/1997 guidelines • Physician burnout rates of 42% or more • Patient dissatisfaction with doctors spending more time clicking on computers than engaging face-to-face
  • 21. kareo.com 2121 E/M Gets an Update 2019 Changes • Elimination of requirement to document medical necessity of a home visit versus an office visit • Allowing providers to focus documentation on what has changed since the last visit rather than having to re-document information already contained in the medical record, provided that there is evidence that the provider reviewed the information • Clarifying that providers do not need to re-enter information on chief complaint and history that has been entered by staff or the patient – the provider must indicate that the information was reviewed
  • 22. kareo.com 2222 E/M Gets an Update 2021 Changes • E/M office/outpatient visits levels 2-4 combined into one level • Level 1 and level 5 codes will remain separate • Increased flexibility for coding based on MDM or time rather than 95/97 standards Keep in mind that commercial payers may or may not follow suit.
  • 23. kareo.com 2323 E/M Gets an Update Effect of Proposed Changes from CMS • Expected savings of 21 million administrative hours over 10 years • Anticipated savings of $87 million in 2019 alone
  • 24. Quality Payment Program 2017 Results and 2019 Changes
  • 25. kareo.com 2525 Quality Payment Program – 2017 Results 2017 QPP Participation • 93% earned positive adjustment • 2% received neutral adjustment • 5% received negative adjustment Positive Neutral Negative
  • 26. kareo.com 2626 Quality Payment Program – 2019 Changes 2019 Category Weighting • Quality: 45% • Promoting Interoperability: 25% • Improvement Activities: 15% • Cost: 15% 45% 25% 15% 15%
  • 27. kareo.com 2727 Quality Payment Program – 2019 Changes The Bar Is Raised for 2019 • Minimum points to avoid penalty increases to 30 • Negative adjustment increased to 7% maximum • Must use 2015 Certified EHR Minimum Performance Periods Unchanged • Quality: 12 months • Cost: 12 months • Improvement Activities: 90 days continuous • Promoting Interoperability: 90 days continuous
  • 28. kareo.com 2828 Quality Payment Program – 2019 Changes Expanded Definition of MIPS Eligible Clinician • Physical Therapist • Occupational Therapist • Qualified Speech-Language Pathologist • Qualified Audiologist • Clinical Psychologist • Registered Dietitian or Nutrition Professional
  • 29. kareo.com 2929 Quality Payment Program – 2019 Changes Low-Volume Threshold (LVT) • $90K or less in Part B allowed charges for covered professional services • Provide care to 200 or fewer Part B enrolled beneficiaries OR • Provide 200 or fewer covered professional services under the Physician Fee Schedule • Option to opt-in to MIPS if at least one but not all three of the LVT criteria are met
  • 30. kareo.com 3030 Quality Payment Program – 2019 Changes Small Practices Get a Little Extra Help • Increased small practice bonus to 6 points and including it as part of the Quality category • Continuing to award 3 points for submitted quality measures that don’t meet data completeness requirements • Continued support for small and rural practices through the Small, Underserved, and Rural (SURS) technical assistance initiative
  • 31. kareo.com 3131 Quality Payment Program – 2019 Changes Small, Underserved, and Rural Support Initiative • Free support to small practices of 15 providers or less • Help determine MIPS eligibility • Assist in choosing appropriate measures and activities • Perform practice readiness assessments and assist in developing strategies for implementing Certified Electronic Health Record Technology (CEHRT) • Did I mention it’s FREE? Get the help you need to participate and succeed in the Quality Payment Program
  • 32. Preparing for Success in 2019 Fine Tune Your Revenue Cycle
  • 33. kareo.com 3333 Preparing for Success in 2019 Review Payer Contracts and Fee Schedules • Track contract renewal dates using a simple spreadsheet that includes payer name, address, original effective date, anniversary date, termination notice requirement, and contact information for payer representative • Review current fee schedules and compare to actual payments from your top payers • Look for instances where allowed amount is your full fee Opt-out of “Accelerated Payments” • Don’t allow 2-3% of your revenue to be lost to service fees • Payers cannot require you to accept “virtual credit cards” and MUST provide information on how to opt-out
  • 34. kareo.com 3434 Preparing for Success in 2019 Be Proactive In Minimizing the Impact of Patient Bad Debt • Make sure your financial policy is up to date and includes language on your no-show policy, self-pay policy, requirement for payment at time of service for copays, deductibles, and past due balances • Use the start of a new year as opportunity to update patient demographic information AND get updated financial policy signed • Know the statute of limitation on collecting debt in your state • Remember that medical debt is now weighted differently in credit scores, making medical bills a lower priority • When using collection agency, know the rules about assessing fees to patients, particularly Medicare beneficiaries
  • 35. kareo.com 3535 Preparing for Success in 2019 Percent of Unpaid Medical Bills by Generation 44 47 60 58 61 68 64 68 74 0 10 20 30 40 50 60 70 80 2014 2015 2016 Baby Boomer Gen X Millennial TransUnion Healthcare Millennial Report
  • 36. kareo.com 3636 Preparing for Success in 2019 Make Your Bill More Likely to Get Paid • Credit/debit cards are preferred payment method for most patients • New technology allows payment of bills via text, phone, and credit card on file • Providing pre-service estimates can help patients understand their responsibility and increase the likelihood of payment • Offer multiple methods for receiving bills • Educate patients on their responsibility
  • 37. kareo.com Agenda 37 Agenda 37 • Welcome & Introductions • State of the Industry in 2018 • E/M Gets an Update • Quality Payment Program • Preparing for Success in 2019 • How Kareo Can Help • Your Questions
  • 38. kareo.com 3838 Awards and Rankings Growth Awards The speed at which medical practices are moving to Kareo and referring it to other providers. Software Reviews and Rankings 3rd party recognition, driven by direct customer feedback, equals trust and credibility.
  • 41. kareo.com 4141 How to Participate Today… Type your questions -- Questions After the Webinar -- 888.775.2736 x1 sales@kareo.com
  • 42. kareo.com 4242 Connect with Kareo Stop by and say hi! Kareo @GoKareo GoKareo 3353 Michelson Drive, Suite 400 Irvine, CA 92612 (888) 775-2736