The IPMSO web site has moved. You can now find us online at: theverdengroup.com/ipmso/
Business Solutions for Independent Practices designed to help you Stay Independent!
For your practice to remain independent, you need access to the best pricing for the products and services needed to run your business effectively and efficiently, at the rates and services that usually only larger organizations can command. This is where Independent Practice Management Services Organization (IPMSO) comes into the picture. The team at IPMSO has leveraged all of their connections and experience to bring our members incredible value and benefits.
IPMSO Members enjoy savings on medical supplies, and lowest pricing as well as maximum annual rebates on vaccines. In addition our members have access to reasonably priced, expertly delivered services such as Remote Biller™ (revenue cycle management), credentialing, contracting, human resource management, and compliance training & management (OSHA, HIPAA, chart audits). IPMSO opens the door to exclusive services such as staff training and education, answering and triage services, insurance (health, long-term disability, property, casualty, and liability).
So, how do we do it? With a little help from our friends.
Partnering with McKesson has allowed us to access dynamic pricing for even the smallest of practices. How? By tapping into volume pricing for the most commonly ordered products. They want to help the little guys too!
In addition to offering in-house services, we’ve partnered with the best companies in the industry to bring you the services you need at a price you can afford with the service levels only large organizations typically command.
Have you done a financial well checkup for your pediatric practice? Read PCC's blog on the critical areas to focus on.
"Auditing what services your practice offers and its revenue opportunities provides a clear starting point to begin examining your practice’s pricing. In 2021, the definition of RVUs and their value for E&M codes were changed. One of the fundamental changes that pediatricians haven’t yet grasped is that the RVUs of E&Ms has increased so much that it has lowered revenue in other specialties. By not updating your prices to reflect 2021 RVU values for E&Ms, your practice will be leaving money on the table when insurance payors flip to the new valuing system."
The Centers for Medicare & Medicaid Services (CMS) proposes expanding #telehealth reimbursement for mental and behavioral health services. Read more here.
"CMS wants to pay providers when they give certain mental or behavioral health services to patients via audio-only telehealth calls, but only when certain conditions are met. This would include counseling and therapy for opioid treatment.
The spending package removed geographic restrictions that could be a barrier to telehealth services for mental health."
The AAP addresses fever in newborns and has treatment recommendations for pediatricians.
"About 14 out of every 1,000 healthy infants born full term develop a fever during the ages 8 days to 60 days old, according to the AAP. More than 10% of febrile infants are diagnosed with a urinary tract infection. The likelihood of a more invasive bacterial infection is much lower, with fewer than .05% of infants developing meningitis, the most serious infection. Some other infections in young infants include pneumonia, sepsis, and gastroenteritis."