Ever wondered how CMS calculates Risk Adjustment payments for upcoming payment years when the service year data isn't ready yet? 📅 For example, in PY2024, CMS needs data from service year 2023 for risk adjustment, but it's fully available. That's where the Initial Model Run comes in! 🚀
In this series, we dive deep into the Initial Model Run, using PY2024 as an example, to understand the crucial service dates used by CMS, what the deadline is, and which payment months these payments correspond to. 🧐
Discovering the components of the Initial Model Run is key for risk adjustment practitioners. It helps ensure timely data submission and accurate reconciliation of payment reports with the right data submission records, ultimately leading to precise risk adjustment payments. 💼💰
Download the supplemental cheat sheet resource:
The Medicare Advantage Risk Adjustment Model Run Timeline Map: Using Payment Years 2022 - 2025 As Examples
https://www.thehealsacademy.com/resou...
Series 3: Medicare Advantage Risk Adjustment "Model Run"
3.1: • Medicare Advantage Risk Adjustment "Model ...
3.2: This Video
3.3: • Risk Adjustment "Midyear" Model Run
3.4: • Risk Adjustment "Final" Model Run
3.5: • Risk Adjustment Model Run: Bringing All To...
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