NCMS Morning Round 12-16-21

Happy Thursday! Enjoy your NCMS Morning Rounds!

December 16, 2021

 

PRF Phase 4 Payments

The U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), announced the distribution of approximately $9 billion in Provider Relief Fund (PRF) Phase 4 payments to health care professionals who have experienced revenue losses and expenses related to the COVID-19 pandemic. The average payment being announced today for small providers is $58,000, for medium providers is $289,000, and for large providers is $1.7 million. More than 69,000 providers in all 50 states, Washington, DC, and eight territories will receive Phase 4 payments. Payments will start to be made later this week.

The PRF Phase 4 payments, in addition to the $8.5 billion in American Rescue Plan (ARP) Rural payments to clinicians and suppliers who serve rural Medicaid, Children’s Health Insurance Program (CHIP), and Medicare beneficiaries, are part of the $25.5 billion the Biden-Harris Administration is releasing to health care providers to recruit and retain staff, purchase masks and other supplies, modernize facilities, or other activities needed to respond to COVID-19. The AMA has advocated for more of the PRF to be distributed, particularly those clinicians who serve in rural areas and who see low-income patients. In response, HHS is reimbursing smaller practices at a higher percentage of their revenue losses and expenses due to COVID-19, as well as using Medicare reimbursement rates to calculate payments for practices that care for Medicare, Medicaid, and CHIP patients.

It is important to keep in mind that funds received over $10,000 in the aggregate during a PRF reporting period will trigger a reporting requirement through the Provider Relief Fund Reporting Portal. Additional information on PRF reporting and auditing may be found here.

For more information on the PRF Phase 4 monies, please see the materials below:

Health Care Leadership and Management 2022 – Apply Now

The NCMS Foundation’s Kanof Institute for Physician Leadership (KIPL) has trained hundreds of physicians and PAs who now lead major health systems, their practices, and their communities. Through our award-winning leadership development courses like Leadership College and Health Care Leadership and Management, they were able to identify their individual style of leadership, hone their strengths and understand how to successfully navigate the complexities of today’s health care environment.

Take it from Yun Boylston, MD, who graduated from each of KIPL’s programs:
“Physician leaders need both microscopes and telescopes to deal with the challenges ahead. While KIPL can’t provide answers to all your challenges, it can provide thought tools to help you examine the issues. This is a time of uncertainty, but also great opportunity. How effectively we physicians choose to engage in these changes will determine our relevance and contributions to health care of the future.”

We are currently accepting applications for  Health Care Leadership and Management (HCLM) 2022. HCLM provides a critical framework for physicians based on economics, finance, and leadership development. With this framework, graduates are provided the necessary vocabulary for the business realm and are equipped to take on greater leadership positions in their career.

Learn more and apply here.

NCMS Membership Renewal Time — Invoices Have Been Sent

NCMS invoicing began in mid-September. If you haven’t already renewed your membership for 2022, now’s the time to do so. For your convenience, there are several ways to renew: complete and return your invoice by mail, online at www.ncmedsoc.org/renew, by phone at (800) 722-1350 or (919) 833-3836 ext. 102 or 145.

Medical practices that receive group billing for their physicians and physician assistants who are North Carolina Medical Society (NCMS) members should have received their dues renewal invoice recently. Check with your practice administrator to be sure the invoice has been paid so your NCMS membership will not be interrupted. Being on group billing saves administrative time and costs and is a convenient and streamlined way to take care of your membership renewals. If you’d like to be invoiced as a group, please contact Beth Remhof by email at BRemhof@ncmedsoc.org or by phone at (919) 833-3836 ext. 145.

In the News

CDC data indicate Omicron is starting to eat into Delta’s U.S. dominance, STAT, 12-14-21

Learning Opportunity

Academic Health Sciences Systems: Discovery to Health to Population to Society – A Webinar | January 7, 2022 | 11:30 AM – 1:00 PM ET

Join the National Academy of Medicine and The Lancet for a free 90-minute webinar discussing Revisiting academic health sciences systems a decade later: Discovery to health to population to society, a paper authored by Victor Dzau, recently published in The Lancet.

Register here.

 

If you have policies you’d like your NCMS Board of Directors to consider, please complete the Board input form here. Thanks for reading!

 
 

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