Describe the advantages and disadvantages of the vbps


Assignment: Healthcare Reimbursement Essay

• Analyze the quality reporting systems sponsored by Centers for Medicare and Medicaid Services (CMS) by doing the following:

o Discuss the goals of the Merit-based Incentive Payment System (MIPS).

- Describe the advantages and disadvantages of the MIPS.

o Discuss the goals of the Value-Based Purchasing System (VBPS).

- Describe the advantages and disadvantages of the VBPS.

o Describe the role of Health Informatics and Information Management (HIIM) staff in participating in both MIPS and VBPS.

• Explain the role of Quality Improvement Organizations (QIOs) contracted under CMS as it applies to the reimbursement process.

• Describe the impact of HIPAA Transaction and Code Set standards on the reimbursement process.

o Discuss the impact of Code Set Standards on coders.

• Discuss the impact of the EHR Regulatory Relief Act on healthcare reimbursements.

• Discuss how emerging technology is evaluated in the reimbursement process.

o Explain how emerging technology will impact the future of reimbursement.

• Discuss current or emerging technology that healthcare organizations use to minimize fraud and abuse. Include the following details in your discussion:

o features
o system requirements
o security features
o remote access
o interoperability

Format your assignment according to the give formatting requirements:

• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.

• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.

• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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