The Beat Webinar Series - Episode 9 - Understanding the Evolution of the Centers for Medicare & Medicaid Services (Live)-The Beat Episode 9

Video Transcription

Video Summary

In this episode of "The Beat," Dr. Sandeep Saha and Dr. David Slottweaver invite Rachel Grohmann and Mr. Robert Jesick to discuss the Centers for Medicare and Medicaid Services (CMS), Medicare's Part A and B, and the transition from fee-for-service to value-based payment systems. They explain the history of CMS, the different insurance programs it administers, and the reimbursement mechanisms used in Medicare. They also highlight the various quality programs and initiatives implemented by CMS, including quality measurement, value-based payment models, and improvement of healthcare delivery. The speakers discuss the challenges and complexities of the Quality Payment Program (QPP), particularly the Merit-Based Incentive Payment System (MIPS), and the low bonuses that physicians have received in the program so far. They emphasize the need for advocacy and congressional reforms to address these challenges and promote more meaningful reforms in physician payments. They provide resources and platforms for physicians to access their performance feedback and navigate the reporting requirements of the QPP. Overall, the speakers aim to provide a foundational understanding of CMS and the QPP in order to empower physicians to advocate for their interests and navigate the evolving healthcare payment landscape.

Keywords

The Beat

CMS

Medicare

fee-for-service

value-based payment

Quality Payment Program

MIPS

physician payments

advocacy

healthcare delivery