July 22, 2020 – “Experts agree: COVID-19 is likely to speed up the healthcare industry’s transition from volume- to value-based care. The transition has providers looking more closely at the Quality Payment Program (QPP), including the Merit-based Incentive Payment System (MIPS) and Alternative Payment Models (APMs) – already shown to help providers more aptly respond to the pandemic, according to a recent survey by Premier Inc.
“The Centers for Medicare & Medicaid Services (CMS) designed MIPS to tie payments to quality, drive improvement in care processes and health outcomes, increase the use of healthcare information, and reduce cost. There are four MIPS categories that measure progress in these areas and make up a clinician’s total score: Quality, Promoting Interoperability, Improvement Activities and Cost.
“While reporting can be complex, it does not have to be a burden. With a strong reporting strategy, registries can…”