5 Tips to retain great physicians

January 11, 2025Garrett SchmittCoding, HCC, Risk adjustment coding

Healthcare organizations invest significant time, energy, and money into hiring physicians. But according to Douglas Farrago, MD, the author of ‘The Hospital Guide to Physician Retention,’ very few organizations invest adequate resources into keeping physicians. Farrago, a Family physician, became interested in the topic from his personal experience as an employed physician. “I wrote this book…

Celebrating Ten Years in Value-Based Care: Reflections and Foresights

January 9, 2025Garrett SchmittCoding, HCC, Risk adjustment coding

In October 2024, the Task Force turned 10 years old. In recognition of this anniversary, the Task Force released a two-part paper reflecting on the past 10 years of health care transformation and envisioning a path forward for the coming decade. The Task Force’s original vision and guiding principles remain sound today, providing a strong…

The Role of Coding and Billing Compliance in Reducing Errors and Optimizing Revenue in ACOs

January 9, 2025Garrett SchmittCoding, HCC, Risk adjustment coding

Accountable Care Organizations (ACOs) are designed to streamline patient care while optimizing healthcare costs and improving outcomes. However, one key aspect that many ACOs grapple with is ensuring accurate and compliant coding and billing practices. Coding and billing compliance are essential in preventing costly errors, minimizing revenue leakage, and maintaining regulatory adherence, which is vital…

Understanding the Impact of Accurate HCC Coding on Medicare Risk Adjustment

December 12, 2024Garrett SchmittCoding, HCC, Risk adjustment coding

In today’s complex healthcare system, the importance of accurate coding cannot be overstated, especially regarding Hierarchical Condition Categories (HCC) coding and Medicare risk adjustment. These components are vital in ensuring that healthcare providers are adequately reimbursed while complying with regulatory requirements. For organizations that handle Medicare Advantage patients, understanding and implementing accurate HCC coding practices…

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