The Intake

Insights for those starting, managing, and growing independent healthcare practices

Week of April 6, 2024: 2024 guide to MIPS & MACRA

Weekly Newsletter, April 6, 2024
The Intake featured image April 6

This week, read essential RCM news, patient privacy tips, and more.

World Health Day is tomorrow, and this year’s theme is “My health, my right.” The World Health Organization chose this theme to advocate for the right of all people to have access to quality health services, safe drinking water, decent working and environmental conditions, freedom from discrimination, and more.

This week, we look at issues impacting Americans’ healthcare experiences — as well as those affecting your practice to help equip you to provide leading-edge care to your patients:

CHART OF THE WEEK
The Intake newsletter chart April 6

Calling all dentists, optometrists, ophthalmologists, and mental health service providers: many people report plans to seek healthcare in these areas with their tax refunds this year. Tebra surveyed 1,000 Americans to investigate how they plan to use tax refunds to help with medical expenses. Our findings revealed that over 1 in 4 people surveyed have used their tax returns for medical bills — and over 1 in 6 plan to use this year’s return to pay off medical bills.

Additionally, nearly 1 in 10 people surveyed plan to invest their tax refunds in elective surgeries, with the top procedures being cosmetic dentistry, facial fillers, and LASIK eye surgery.

With many Americans relying on tax refunds to cover essential expenses, including healthcare — and many having put off medical care during the pandemic — providers may see an increase in patients in the months ahead.

Main story

MACRA MIPS updates guide
2024 MIPS and MACRA updates: A guide for clinicians and medical billers

You can submit data from performance year 2023 between now and April 15, 2024. Missing the deadline could equate to reductions in reimbursements.

That's it for this week!

Thank you for reading The Intake. As always, if you have questions or suggestions for future topics, please don't hesitate to drop a line at [email protected].

Subscribe to The Intake:
A weekly check-up for your independent practice

Get expert tips, guides, and valuable insights for your healthcare practice