The Essential Guide: Maximizing Chiropractic Success with QPP
Quality Payment Program (QPP) was initiated by the Centers for Medicare and Medicaid Services (CMS) to increase the focus on quality care and reduce paperwork for health providers. The program has been helpful in creating a reimbursement model that appreciates quality services, thus significantly impacting chiropractic practices. Let us delve into how chiropractors can maximize their success with QPP.
Understanding QPP’s Core Initiatives
Before we get into the details, it’s important to grasp the two main components of QPP, namely the Merit-based Incentive Payment System (MIPS) and Advanced Alternative Payment Models (APMs).
MIPS
The MIPS model targets a fee-for-service approach. It uses a system that calculates payments based on the quality of services. As a chiropractic service provider, your payment will depend on your performance across four categories.
APMs
On the other hand, APMs focus on value over volume. This program rewards health providers that deliver high-quality, cost-effective services. Chiropractors who successfully participate in the APMs model may be eligible for a five percent incentive payment.
MIPS and APMs’ Connection to Chiro Practices
Given the focus of CMS on healthcare quality and cost-efficiency, your chiropractic practice’s success can be maximized through effective participation in MIPS and APMs. Furthermore, a strong alignment of your practice with the QPP programs can significantly boost your reputation, increase patient satisfaction, and subsequently yield greater revenues.
How to Benefit from QPP as a Chiropractor
Here are some steps you can take to leverage the benefits of QPP as a chiropractor:
- Evaluating whether your chiropractic practice is currently involved in the QPP.
- Considering the benefits and costs of participating in either MIPS or APMs or both.
- Aligning your business goals with the expectations of both programs for greater success.
Tools for Success
Chiropractic practices can also take advantage of several tools and resources to get the most out of QPP:
- QPP Participation Status Tool: A resource that can help determine whether health providers are eligible to participate in MIPS.
- MIPS Eligibility Tool: A tool that can be used to have an overview of the practice’s eligibility for the year.
- MIPS Participation Portal: A resource to help navigate through MIPS reporting and check the practice’s MIPS performance feedback.
Getting Help with Your QPP Journey
The process of integrating the QPP into your chiropractic practice can be complex. Ensuring the compliance of all policies, forms, and procedures with MIPS and APMs regulatory standards is no walk in the park. It demands constant assessment and benchmarking.
At The Chiropractor Agency, our mission is to support chiropractor practitioners in all their digital needs and business optimization efforts. Recognizing the depth of the complexities surrounding compliance with regulatory standards such as MIPS and APMs, we extend our expertise in health care technology consulting. From provider training, implementation of effective EHR/EMR systems to patient scheduling technology.
As you focus on providing quality care to your patients, our agency concentrates on adjusting your digital marketing strategies using our complete lineup of services from SEO, branding, social media management, to lead generation, and much more. With this vital collaboration, we intend to ensure that our clients maximize their success in the chiropractic industry while also reaping the benefits of QPP.
At The Chiropractor Agency, we define success by the growth and prosperity of our clients. Embrace the benefits of QPP today and let us help you navigate your journey towards a more successful chiropractic practice.
