Announcing leadership and excellence in value-based care
HealthEC Named Qualified Clinical Data Registry by Centers for Medicare and Medicaid Services
Company will collect and submit data on behalf of providers for the Merit-based Incentive Payment System
PISCATAWAY, N.J. - July 24, 2017 - HealthEC has been named a 2017 CMS-approved Qualified Clinical Data Registry (QCDR) by the Centers for Medicare and Medicaid Services (CMS) for its Merit-Based Incentive Payment System (MIPS).
The Medicare Access and CHIP Reauthorization Act (MACRA) streamlined multiple quality programs into a single system where providers earn a performance-based adjustment to their Medicare payment. There are two new payment tracks associated with MACRA, but most practitioners are subject to MIPS including Medicare Part B eligible Physicians, Advanced Practice Nurses, and other clinicians.
As a QCDR, HealthEC can collect and submit data to CMS on behalf of clinicians for MIPS reporting. Beyond keeping individual providers MIPS compliant, HealthEC offers a range of competitively priced services to evaluate baseline performance, identify an optimal reporting strategy based on performance across the group or system, establish plans to improve metrics and monitor the effects of process changes.
"When it comes to healthcare, quality scores matter," said Carlene Anteau, MS, RN, VP of Marketing at HealthEC. "By providing real-time feedback on MIPS metrics, physicians have the opportunity to quickly resolve quality issues and recognize successful activities that benefit their practice. We embrace our QCDR designation as a way to help clients take advantage of state-of-the-art technology to enhance care delivery."
MIPS performance metrics will be displayed online so that patients can compare physicians to their peers with the click of a button. As consumers spend more out-of-pocket for healthcare, they are seeking greater transparency into clinician quality and cost. Unlike direct Medicare reimbursement impacts that can change year to year based on clinician performance, damage to a clinician’s online public reputation may take years to reverse. Conversely, consistently high performance scores and ratings can become a strategic advantage over local competitors.
HealthEC has built its QCDR services based upon its previous success as a CMS qualified registry for the Physician Performance Reporting System (PQRS), a healthcare quality improvement incentive program that was consolidated into MACRA in 2017.
HealthEC is a KLAS-recognized end-to-end provider of Population Health Management solutions, helping providers and payers fully realize the benefits of value-based care by translating electronic data (clinical, claims, and community-based) into actionable insights that measurably improve outcomes and reduce costs. HealthEC’s core solution is a flexible, comprehensive platform that aggregates data from disparate sources, utilizes machine learning algorithms and predictive analytics to identify high-risk patients, and generates customized, coordinated care plans to improve quality and mitigate the financial impact of high utilization. HealthEC also offers bespoke advisory and managed services that define and support the strategic roadmap of healthcare leaders as they transition to prioritizing outcomes over volume. To learn more, visit Healthec.com follow us on Twitter, LinkedIn and Facebook, or call 800-444-0278, ext. 1500.