Category: Sharon V.

Healthcare Microeconomics in a Small Medical Business

I would like to understand issues concerned with the efficiency, effectiveness, and value of the new APMs (Alternative Payment Models), MACRA (Medicare Access and CHIP reauthorization Act) and MIPS (Merit-Based Incentive Payment Systems) programs which are part of the new Medicare Payment Reforms for physician reimbursement. I will work with the business associates of a medical clinic to better comprehend the medical business model. I would like to study how these new payment models can optimize the best treatment and management outcomes for patients along with adequate reimbursement of physicians.