DARK Daily: How Proposed Medicare Physician Fee Schedule Changes May Impact Clinical Laboratory and Pathology Practices in 2020

PRESS RELEASE

THE DARK REPORT
21806 Briarcliff Dr.
Spicewood, TX 78669
512-264-7103 o
512-264-0969 f

FOR IMMEDIATE RELEASE

Media Contact: Chris Garcia
chris@darkreport.com

AUSTIN, Texas (August 7, 2019) Proposed changes to the Medicare Physician Fee Schedule and Quality Payment Program means that clinical laboratories and pathology practices need to fully understand how their lab revenue can potentially be affected by these changes, and prepare accordingly.

“Laboratories now face considerable risk if they lack insights into how CMS plans to adjust payments for particular services,” stated Robert L. Michel, Editor-In-Chief of The Dark Report. “Also key, as we look forward to year four of the QPP/MIPS program, is how lab leaders need to lay the appropriate groundwork as CMS increases the overall reporting requirements necessary to avoid a Medicare payment penalty for poor performance.”

A must-attend webinar for every billing and revenue cycle management team member who needs to be kept current on the latest Medicare updates, “Proposed Changes to the Medicare Physician Fee Schedule and Quality Payment Program: What You Need to Know to Protect Your Lab’s Revenue and Preserve Profitability” is taking place Thursday, August 8, 2019, at 1 pm EDT. This program will also provide guidance to RCM staff, CFOs and other C-level lab executives, pathologists, physicians and others with a vested interest in avoiding penalties, as to the potential ways their lab revenues may be affected, and the proactive steps that they can take to survive and thrive in this new environment.

Expert speakers are Mick Raich, CEO, and Alex Mitchell, Quality Programs Coordinator with Vachette Pathology in Sylvania, OH.

During the 90-minute session, webinar participants will:

  • Learn the latest MIPS Program updates for 2020 and the new reporting requirements
  • Understand changes to the program’s penalties and bonuses and how to comply
  • Hear about proposed changes to the scoring threshold and the associated implications
  • Examine potential pathology-specific changes and what they mean
  • Be able to assess the potential impact to the lab’s revenue stream for 2020

For more information about “Proposed Changes to the Medicare Physician Fee Schedule and Quality Payment Program: What You Need to Know to Protect Your Lab’s Revenue and Preserve Profitability,” and to view webinar details, click here. You may also contact Chris Garcia at 512-264-7103.

About THE DARK REPORT

Established in 1995, THE DARK REPORT is the leading source of exclusive business intelligence for laboratory CEOs, COOs, CFOs, Pathologists and Senior industry executives. It is widely read by leaders in laboratory medicine and diagnostics. The Dark Report produces the famous Executive War College on Laboratory and Pathology Management every spring, which showcases innovations by the nation’s and globe’s leading laboratory organizations. Dark Daily is an Internet-based e-briefing intelligence service, read worldwide by thought leaders in laboratory and pathology management. Other well-known conferences conducted by THE DARK REPORT are Lab Quality Confab (on the use of Lean and Six Sigma methods in labs and hospitals) and Molecular Summit (on the integration of in vivo and in vitro diagnostics). THE DARK REPORT co-produces Frontiers in Laboratory Medicine annually in the United Kingdom; Executive Edge bi-annually in Canada; and The Business of Pathology bi-annually in Australia.

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