Business of Medicine Academy Advocacy for Physician Payment: New Strategies

Program Description: Declining reimbursement over many years now threatens the viability of physician practices across specialties and practice settings. This miniseminar will outline the efforts of our Academy, specifically the Physician Payment Policy Work Group (3P), to advocate for fair reimbursement for our members in increasingly challenging public and private payer environments. Topics include updates on government health care reform, the Current Procedural Terminology (CPT) and Relative Value Update Committee (RUC) processes, coding and reimbursement for new technology, and new public and private payment models including the Accountable Care Organization concept. Strategies will be described as to how members can become actively involved to make a difference for our specialty.Educational Objectives: 1) Learn current healthcare reform initiatives, new payment models, and Academy efforts on Capitol Hill. 2) Understand Academy interaction with the AMA’s CPT Editorial Panel and Relative Value Update C...