Dermatology Specialists of Florida was recognized by the Center for Medicare and Medicaid Services (CMS) with a value-based modifier (VBM) award. The VBM award is a higher payment for services to medical group practices that provide high quality care to Medicare patients at low to average cost to the Medicare program. The award is determined by CMS and verified through the electronic reporting of health care information and claims data from the medical group practices.
Of the 13,813 groups eligible for a VBM award, only 128 were selected. This places Dermatology Specialists of Florida in the top 1% of group medical practices in the nation for providing quality health care services. The VBM award program is budget neutral. The higher payments for the practices receiving the award are from lower payments to practices that were penalized for not meeting quality standards.
“Our commitment to providing the highest quality care is certainly a big part of this award,” says Dr. Jon Ward, President of Dermatology Specialists. “We have put together a team of physicians and other health care professionals who understand practices can no longer act as an island. We have to coordinate care with other physicians, hospitals, and other healthcare services and do so with cost in mind.”
“The CMS reporting requirements are challenging to achieve, but our management team has worked hard to collect and report all of the quality data. We were not expecting to receive a VBM award, but it was an amazing achievement and was a team effort for our business,” states Chris Brooks, CEO at Dermatology Solutions Group, which provides management services to Dermatology Specialists. “As a management company, this award is a rare opportunity to show dermatology practices who are struggling to meet the minimum reporting requirements that we are a partner that can improve their quality reporting and by doing so their bottom line.”
Dermatology Specialists of Florida received commendations on their award. Congresswoman Gwen Graham (D-Tallahassee) said of the achievement, “Last year, we passed a bipartisan bill to address the rising cost of healthcare by emphasizing quality over quantity. This will improve care for families in North Florida and save tax dollars. I’m proud these North Florida doctors are leading the way and have earned recognition from the Center for Medicare Services.”
“We must reform and modernize Medicare to save and strengthen it for future patients,” said Senator Marco Rubio (R-Florida). “I congratulate the Florida doctors recognized by CMS for cost efficiency and quality care.”
About Us :
Dermatology Specialists is a dermatology group practice that began in Panama City, FL, in 2006. They have expanded throughout North Florida, Alabama, and Mississippi. They currently practice in 22 clinics and have 11 physicians and 13 midlevel providers in Florida, Alabama, and Mississippi. Dermatology Solutions Group is a management services organization, providing business and operational support to dermatology practices throughout the Southeast. Both companies are headquartered in Panama City, FL, and employ over 200 employees, with well over 100 based out of Bay County, FL.
Company Name: DermatologySpecialistsFL
Contact Person: Harmony Nagy
Address:Administrative Office 215 Harrison Avenue Panama City, Florida 32401
Country: United States