A modern RCM company needs to offer QPP support … enter MIPS Measure Assurance Services
What is MIPS?
Beginning in 2017, the Merit Based Incentive Payment Program (MIPS) under the Quality Payment Program (QPP), through its many faceted performance categories and associated performance metrics, will determine provider payment adjustments, either positive or negative, to the basic Medicare fee schedule two years following the reporting year. Private insurance companies are poised to follow Medicare’s lead relative to QPP adoption in subsequent years. These new mandates will not only impact your bottom line, but may also affect the overall rating of your practice.
How HAP’s MIPS Measure Assurance Services Can Help Your Practice
The healthcare reimbursement environment is changing, and so are the needs of your practice. HAP is redefining what it means to be a comprehensive revenue cycle management partner.
We are continually evolving our solution set, beyond the scope of normal billing operations, in order to meet the needs of our radiology clients in today’s dynamic healthcare economy. HAP’s team of revenue cycle experts designed the MIPS Measure Assurance Services (MAS) to be current with the latest mandates and comprehensive in both the type and depth of support available to the company’s clients. Components of the services include:
- HAP’s proprietary analytics and Provider Quality Report CardTM, an industry-first tool that empowers practices to easily assess program performance in-progress, take corrective action as-needed, and eliminate year-end surprises;
- HAP’s new Qualified Data Registry that enables a standard methodology for MIPS Quality reporting to CMS, both at the group and individual level, and ensures providers can be fully supported by the company’s services;
- A customized Practice Profile that evaluates key metrics in order to help determine the true impact of MIPS on the practice and build a foundation for maximized program performance based on current and changing requirements;
- Education and customized support delivered by HAP’s team of proven QPP experts to help physician practices understand the program requirements, including the incentives and penalties involved as well as the requirements necessary to optimize your performance from both a quality, reputational, and financial perspective.
Are You Ready? Is Your Practice Ready?
Healthcare Administrative Partners is setting the new standard in revenue cycle management. We provide the skills, expertise, and tools needed to maximize your compliance program.
The QPP has broad financial, reputational, and compliance impacts on providers across practice specialties. Proving value across the entire spectrum of patient care is a critical mandate for success in the modern healthcare economy. Survival requires innovation and an integrated, partner-centric approach never before seen in the RCM industry.
If you think your current outsourcing partner is not adequately preparing you for MIPS, or you have doubts about your ability to handle the transition internally, contact Healthcare Administrative Partners to learn more about our full offering of revenue cycle management services. MIPS Measure Assurance Services is only available to RCM clients.
The bar has been raised. Healthcare Administrative Partners can help you reach it.
HAP’s team of radiology and MIPS subject matter experts have published these articles to help radiology practices assess and adapt to the potential impacts of MIPS on their practices:
Transitioning Your Radiology Practice to MIPS: Improvement Activities
Why the MIPS Patient-Facing Rules are Important to Radiologists
Transitioning Your Radiology Practice to MIPS: The Quality Component Updated
Transitioning Your Radiology Practice to MIPS: Advancing Care Information
Learn how HAP has helped other practices like yours increase revenue and avoid penalties: