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PRINTED: 03/26/2018 FORM APPROVEDDEPARTMENT OF HEALTH AND HUMAN SERVICES CENTERS FOR MEDICARE & MEDICAID SERVICES STATEMENT OF DEFICIENCIES AND PLAN OF CORRECTION(X1) PROVIDER/SUPPLIER/CIA IDENTIFICATION
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Understand the requirements of CMS reporting and value-based programs
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Collect all necessary data related to patient care, services provided, and outcomes
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CMS reporting refers to the reporting of data to the Centers for Medicare & Medicaid Services. Value-based refers to a payment model that rewards healthcare providers for the quality rather than the quantity of care provided.
Healthcare providers who participate in Medicare and Medicaid programs are required to file CMS reporting and value-based data.
Healthcare providers can fill out CMS reporting and value-based data through online portals provided by CMS or through certified EHR systems.
The purpose of CMS reporting and value-based is to improve the quality of healthcare services provided to patients and to reduce healthcare costs.
Healthcare providers must report data on patient outcomes, quality measures, and utilization of healthcare services.
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