Healthcare DIVE August 10, 2017
Dive Brief:
- Nearly half of the group practices responding to a recent Medical Group Management Association (MGMA) survey said they spend more than $40,000 per full-time physician every year to comply with federal regulations.
- The practices rated the Medicare Quality Payment Program (QPP) as most burdensome, followed by lack of electronic attachments for claims and prior authorization; audits and appeals; lack of EHR interoperability; and payer use of virtual credit cards.
- MGMA said the main themes from the survey were regulatory and administrative burdens drawing resources from patient care; the Merit-Based Incentive Payment System (MIPS) is too complex and doesn’t give practices enough clinical benefit; and practices are increasingly dependent on third-party vendors that are not held to the...