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6 Harris County Physician Newsletter %u2022 October 2025 %u2022 www.hcms.org %u2022 Go back to First Page2024 MIPS final scores and targeted review are availableThe MIPS performance feedback is available, including final scores based on the data submitted and calculated for the 2024 performance year. Sign in to review your performance feedback. If you believe an error has been made, you have approximately 60 days to request a targeted review. Review the 2024 MIPS Performance Feedback FAQs (https://bit.ly/3WeK1R7 PDF, 2MB)%u00a0and 2024 Targeted Review User Guide (https://bit.ly/4pLAcI7 PDF, 2MB) for more information.%u00a0Presented by the HCMS Board on SocioeconomicsConsiderations when dealing with private equity %u2013 Make informed decisions Private equity (PE) firms are increasingly investing in medical practices in Texas. While potential benefits of PE for physician practices include additional capital and resources, operational help, and consolidation that may create more efficient entities, practices considering working with PE firms should conduct due diligence in investigating the firm and whether the relationship will meet the practice%u2019s goals. HCMS offers a Guide for Physician Practices Considering PE Transactions. The many questions to consider for PE firms should include, %u201cIs the company experienced in our specialty? Does it have a track record?%u201d %u201cWhat is the purchase price for the transaction and how was it calculated?%u201d %u201cDo the practice, the MSO or other entities associated with the buyer impose any restrictive covenants on physicians who are part of the practice? If so, what is the duration and area covered by the restrictive covenants?%u201d In addition, the practice should identify suitable advisors for the transaction. At a minimum, this would include an attorney and CPA who have experience or history with health care transactions. This practical Guide can be found at www.hcms.org/Considerations-to-PE-Transactions.Annual Medicare physician participation status changes Each year, physicians and other providers have a limited timeframe to change their Medicare participation status. While the timeframe has not yet been announced, it is generally mid-November through Dec. 31. This is the only opportunity during the year to change your participation status. Any change will be effective on Jan. 1. If you are not changing your participation status, no action is required. There are three status options %u2013 participation, non-participation, and opting out %u2013 and the decision to elect participation or non-participation is binding throughout the calendar year.%u00a0To verify the enrollment dates, visit https://bit.ly/3Iy8n5l. To ascertain your participation status, you can search the%u00a0Medicare Provider List at Novitas (https://bit.ly/4pO0k53). For questions regarding Medicare participation, contact Novitas at 1-855-252-8782. Presented by the HCMS Board on SocioeconomicsStatement of Ownership, Management, and Circulation (All Periodicals Publications Except Requester Publications) 1. Publication Title 2. Publication Number 3. Filing Date_ 4. Issue Frequency 5. Number of Issues Published Annually 6. Annual Subscription Price7. Complete Mailing Address of Known Office of Publication (Not printer) (Street, city, county, state, and ZIP+4%u00ae) Contact Person Telephone (Include area code) 8. Complete Mailing Address of Headquarters or General Business Office of Publisher (Not printer)9. Full Names and Complete Mailing Addresses of Publisher, Editor, and Managing Editor (Do not leave blank)Publisher (Name and complete mailing address) Editor (Name and complete mailing address) Managing Editor (Name and complete mailing address) 10. Owner (Do not leave blank. If the publication is owned by a corporation, give the name and address of the corporation immediately followed by thenames and addresses of all stockholders owning or holding 1 percent or more of the total amount of stock. If not owned by a corporation, give thenames and addresses of the individual owners. If owned by a partnership or other unincorporated firm, give its name and address as well as those ofeach individual owner. If the publication is published by a nonprofit organization, give its name and address.)Full Name Complete Mailing Address 11. Known Bondholders, Mortgagees, and Other Security Holders Owning or Holding 1 Percent or More of Total Amount of Bonds, Mortgages, orOther Securities. If none, check box NoneFull Name Complete Mailing Address 12. Tax Status (For completion by nonprofit organizations authorized to mail at nonprofit rates) (Check one)The purpose, function, and nonprofit status of this organization and the exempt status for federal income tax purposes:Has Not Changed During Preceding 12 Months Has Changed During Preceding 12 Months (Publisher must submit explanation of change with this statement) PS Form 3526, July 2014 [Page 1 of 4 (see instructions page 4)] PSN: 7530-01-000-9931 PRIVACY NOTICE: See our privacy policy on www.usps.com. The Harris County Physician Newsletter 0 9 6 0 5 8 0 0 09/17/2025Monthly 12 $201515 Hermann Dr Houston TX 77004-7126 Nancy Boone(713) 524-42671515 Hermann Dr Houston TX 77004-7126Sean J. Murphy 1515 Hermann Dr Houston TX 77004-7126Sean J. Murphy 1515 Hermann Dr Houston TX 77004-7126Sean J. Murphy 1515 Hermann Dr Houston TX 77004-7126Harris County Medical Society 1515 Hermann Dr Houston TX 77004-7126%ufffd%ufffdStatement of Ownership, 2025