Top Line: Specialty-specific health information technology company Modernizing Medicine announced major technological advancements to its suite of products and services.
Close Up: An enhancement to the company’s specialty-specific electronic health record (EHR) system, EMA, and practice management system, Analytics is designed to give ophthalmologists and other physicians near real-time population health data to help support the transition to value-based health care.
“Since CMS aims to reimburse for value, not volume, we need to provide real-time quality outcomes with appropriate benchmarking so that providers can thrive,” said Michael Sherling, MD, MBA, chief medical officer and co-founder of Modernizing Medicine. “Analytics is intended to empower our physicians with specialty-specific, granular, actionable data to conduct population health, streamline operational efficiencies and improve the financial health of their practice.”
From patient check-in to discharge, Analytics is designed to allow specialists to identify and track key clinical, financial and operational metrics to uncover insights to help optimize their practice, plus measure and enhance performance by making high-quality medical decisions and helping to keep costs down. Without leaving EMA, in Analytics physicians can have the ability to:
• Unlock in-depth clinical data, billing and financial reports to augment the built-in reporting tools in EMA and practice management
• View real-time, national benchmarking
• Spot and respond to trends in payment patterns
• Compare outcomes and performance with other providers
• View changes, payments and adjustments by payer groups
• Identify trends in reimbursement patterns before they affect cash flow
Vital Stats: With the announcement of the general availability of Modernizing Medicine’s Apple Watch technology, users will be able to view scheduling to provide insight into the day’s agenda, including which patients are coming in, what time the appointments are and which rooms patients are in; Intramail; viewing Notes; and more. Apple Watch application functionality is facilitated through modmed Pocket Practice, a native iOS smartphone application.