SOURCE: Cooperative of American Physicians Inc.

The Cooperative of American Physicians, Inc.

May 17, 2017 14:00 ET

Cooperative of American Physicians Offers Comprehensive Medicare Payment Reform Educational Resources

Physicians' Cooperative Offers Essential Tools to Navigate Complexities of MACRA

LOS ANGELES, CA--(Marketwired - May 17, 2017) - With 2017 marking the inaugural reporting year for determining clinician payment adjustments under the Centers for Medicare & Medicaid Services' (CMS) Medicare Access and CHIP Reauthorization Act (MACRA), the Cooperative of American Physicians, Inc. (CAP) is providing meaningful education and solutions to help its robust member base thrive under a rapidly changing healthcare environment.

CAP leverages the extensive acumen of its staff and partners to help healthcare providers prepare for, and successfully manage, the challenges inherent to MACRA's implementation. Recently offered resources have included a webinar, "MACRA: Coming to Terms with the New World of Medicare," which featured guidance from highly-qualified Holland & Knight LLP healthcare and legal policy experts Robert H. Bradner and Miranda Franco.

In addition, CAP has published a whitepaper on the same topic entitled, "Breaking Down the Medicare Access and CHIP Reauthorization Act (MACRA): What You Need to Know Now," to provide accessible, meaningful information that deconstructs the regulation's various acronyms, reporting requirements, and other complexities. Among the topics covered are:

  • The Merit-Based Incentive Payment System (MIPS)
  • The Advanced Alternative Payment Model (APM)
  • How 2017 performance will impact 2019 reimbursement
  • How healthcare providers can make the transition with minimal disruption to their practice

With many anticipating that the new administration will introduce yet more MACRA-related changes for 2018, CAP's experts are also staying abreast of any policy developments. With decades of experience providing risk assessment and management, and patient engagement and safety counsel to healthcare providers -- now encompassing the full spectrum from small and solo practitioners to large healthcare groups and hospitals -- CAP is primed to offer invaluable resources that help its members adapt to regulatory reform and navigate the nuances of U.S. healthcare in 2017 and beyond.

"CAP remains as committed as ever to delivering timely, relevant information, allowing our members to remain current and compliant with new regulations," says CAP Chief Executive Officer Sarah E. Pacini. "In doing so, we empower them to focus their attention on reducing risk, optimizing their practice, and ultimately running a more successful operation that places an emphasis on patient safety and satisfaction."

She added, "Many of CAP's members are small practices or solo practitioners, for whom the changes precipitated by MACRA have been particularly daunting. Our specialists represent a trusted source of much-needed guidance during a challenging time of transition."

For more information about CAP's wide range of offerings for healthcare providers, please visit www.CAPphysicians.com.

About the Cooperative of American Physicians, Inc.

The Cooperative of American Physicians, Inc. (CAP), established in 1975, offers medical professional liability protection and risk management services to over 12,000 of California's finest physicians through the Mutual Protection Trust. In 2013, CAP organized CAPAssurance, a Risk Purchasing Group, to bring liability insurance coverage to member hospitals, healthcare facilities, and large medical groups. Based in Los Angeles, CAP also has offices in San Diego, Orange County, Sacramento, and Palo Alto. For more information, visit www.CAPphysicians.com. CAP is licensed as a California surplus lines broker (License No. 0B72723). The insurance products provided under the CAPAssurance, a Risk Purchasing Group, program are issued by a "non-admitted" or "surplus line" insurer that is not licensed by the State of California.

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