Alternative Payment Models, including ACOs, the Merit-Based Payment System (MIPS), and bundled payment arrangements such as the Comprehensive Joint Replacement (CJR) are indications that the traditional fee-for-service model is being replaced by programs that reward your laboratory for providing better care—and better value—to Medicare patients.
Make sure you know exactly what business components MIPS will measure and what you can do to ensure you have the strategies in place to earn Medicare reimbursement bonuses and avoid penalties when you purchase the CD of this webinar. You’ll hear Mick Raich from Vachette Pathology provide details on the financial impact MIPS could have on your laboratory, who is exempt from the program, and when CMS is expected to finalize the rules governing MIPS.
Mick Raich is the founder of Vachette Pathology and has been its President and CEO for the last 11 years. He is a nationally recognized consultant in the business of pathology and laboratory reimbursement and practice strategy. Mr. Raich spent his entire 32-year career in healthcare. His experience began in direct patient care, bereavement counseling, and hospital management and progressed into pathology billing sales and management, pathology practice sales and marketing, revenue cycle management, and strategic consulting. Mr. Raich has grown Vachette into a nationwide consulting and management firm that specializes in working with independent labs, hospital-based pathology practices, hospital and health systems, and university pathology groups. Vachette provides services to more than 1,600 pathologists and 64 clients nationwide.
Joe Beham is the CFO at Toledo Orthopaedic Surgeons where he has been working with CJR, Medicare’s new joint replacement program, and bundled payments. He spent 23 years with Dana Commercial Credit in various financial capacities and was the CFO of Total Fleet Solutions.