Modernizing Medicine’s Customers Realize Impressive MIPS Data Submissions for 2017
Majority of Submitting Customers Appear to be Eligible for Exceptional Performance Bonus
BOCA RATON, Fla. – April 19, 2018 – Specialty-specific health information technology leader Modernizing Medicine® announced today that providers who submitted through the company’s Qualified Registry appear to have earned an average score of 77.5 points for 2017 performance data submitted to the Centers for Medicare and Medicaid Services (CMS) for the Merit-based Incentive Payment System (MIPS).*
While CMS announced that final scores and feedback will be available on July 1, 2018, virtually all of Modernizing Medicine’s submissions appear to have exceeded the 3-point minimum threshold to avoid the 4 percent negative payment adjustment in 2019. Other estimated data show that more than half of the submissions earned over 70 points, making them potentially eligible for a positive payment adjustment and the exceptional performance bonus in 2019. In addition, 52 percent of submissions appear to have earned a perfect score in the Advancing Care Information (ACI) category, and 36 percent appear to have earned perfect scores in both the ACI and Quality categories.
While not everyone submitted each category, almost all unique clinicians or groups submitted some data. Modernizing Medicine’s clients submitted an average of 8.56 Quality measures. CMS recommends that individual participants report up to six Quality measures and groups submit 15.
Many physicians and their staff reported saving time by submitting the data from EMA, without having to visit another website and manually enter data for submission.
“Modernizing Medicine’s team worked diligently to create software to make registry submission easy for our clients, help advance public health and demonstrate high quality of care,” shares Dr. Michael Sherling, chief medical and strategy officer and co-founder at Modernizing Medicine. “Submitting MIPS data was a matter of pushing nine buttons in EMA. Not only did we save our clients time and make the experience relatively hassle-free, but also the success of our clients’ submissions speaks to our software’s efficacy.”
Physicians using EMA entered patient data into the native iPad application at the point of care, and EMA calculated the measure data automatically. Clients who preferred additional support participated in the MIPS Advisory Services program. This gave them access to live support from Modernizing Medicine’s team to develop a MIPS project plan for the practice, analyze MIPS performance data and identify workflow changes that could improve their MIPS performance score. Early estimates indicate that 99.9 percent of MIPS Advising clients met their score goals.
“EMA’s MIPS solution is the best I’ve seen on the market, and nothing else compares. I view results and track scores in near real time. If a measure is missed, we flag it and enter a note to help ensure we capture the specific documentation needed during the next visit,” shared Eli Tallman, practice administrator at Retina & Vitreous of Texas.
The MIPS program took effect as part of the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) Quality Payment Program (QPP). MIPS awards payment adjustments for Medicare Part B claims based on four performance areas: Quality, ACI, Improvement Activities (IA) and Cost (beginning in 2018). Modernizing Medicine’s Qualified Registry reported participating providers’ MIPS data (measures and/or activities) for the Quality, ACI and IA performance categories to CMS for the 2017 performance year.
Modernizing Medicine’s suite of products and services includes its award-winning EHR system, EMA, as well as Practice Management, Revenue Cycle Management, Analytics and more for surgical and medical specialties including dermatology, ophthalmology, orthopedic surgery, otolaryngology, plastic surgery and urology.
For more information about how Modernizing Medicine’s EHR system and MIPS Advisors help providers meet or exceed reporting requirements, visit www.modmed.com/mips.
About Modernizing Medicine
Modernizing Medicine® and its affiliated companies empower physicians with suites of mobile, specialty-specific solutions that transform how healthcare information is created, consumed and utilized to increase practice efficiency and improve patient outcomes. Built for value-based healthcare, Modernizing Medicine’s data-driven, touch- and cloud-based products and services are programmed by a team that includes practicing physicians to meet the unique needs of dermatology, gastroenterology, ophthalmology, orthopedics, otolaryngology, pain management, plastic surgery and urology practices, as well as ambulatory surgery centers. For more information, please visit www.modmed.com. Connect with Modernizing Medicine on our Blog, Facebook, LinkedIn and Twitter.
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Matter for Modernizing Medicine
*Information relating to our EHR certification, including certain costs and limitations, can be found at www.modmed.com/costs-and-limitations.