Posted by Karen Grace Larsen
Since the introduction of the Merit-Based Incentive Payment System (MIPS) in 2017, healthcare leaders all over the United States have realized that MIPS compliance is more than just a reporting requirement—it’s a gateway to better patient care and higher reimbursements.
Unfortunately, achieving MIPS excellence can be time-consuming and complex. Every year brings new rules, updated metrics, and greater expectations. Without specialized support, practices like yours can struggle to keep up.
This article explores how comprehensive, expert assistance can empower your practice to maximize MIPS performance with minimal stress.
Meditab’s Role in MIPS Compliance Support
For any challenging pursuit, expert guidance often marks the difference between success and struggle. When it comes to something as intricate as MIPS, success heavily depends on having knowledgeable support to guide you through each stage.
As the great innovator Steve Jobs says, “Great things in business are never done by one person. They’re done by a team of people.”
Our Quality Payment Program (QPP) team at Meditab understands the nuances of MIPS requirements, from choosing the right performance measures to preparing documentation for audits. We go beyond basic assistance and offer proactive, forward-thinking support throughout your compliance journey. Here’s an overview of our services:
Consultation and Strategy Development
We start by evaluating your practice's unique needs and help create a tailored strategy for MIPS program participation. From understanding which measures will best serve your practice to setting performance goals, our MIPS consultation services ensure you're on the right track from day one.
Data Analysis and Tracking
MIPS compliance relies heavily on the quality and accuracy of your data. Our team conducts in-depth analysis of your data, tracking key performance indicators and helping identify areas for improvement. We leverage our expertise in IMS to assist in collecting, interpreting, and reporting your practice data and ensure it aligns with MIPS requirements.
Reporting and Submission Assistance
Preparing reports that are fully compliant with MIPS standards can be tedious and time-consuming. Meditab's QPP team is well-versed in the submission process and handles the complex requirements for accurate and timely reporting.
Extensively trained in configuring and navigating IMS reports and dashboards, our attestation experts can run your practice data by the Centers for Medicare and Medicaid Services (CMS) for validation and even submit them through the CMS portal.
MIPS Audit Preparation and Support
If CMS initiates an audit on your healthcare practice’s submitted data, our QPP team is ready to provide comprehensive support through documentation and data validation. We ensure your data is well-organized, accurate, and audit-ready so your practice is compliant and fully prepared for any CMS review.
Our Step-by-Step Approach to MIPS Success
Meditab’s QPP team has helped countless practices achieve and maintain high MIPS performance scores, and we do this by following a tried-and-tested strategy tailored to each phase of the reporting cycle.
1. Understanding Requirements
The entire MIPS program can be confusing and overwhelming, which is why our MIPS consulting services include helping you take the first step. We help demystify measures and performance categories, clarifying requirements so your team can focus on the right metrics to improve scores efficiently and effectively.
We guide you in selecting MIPS measures that align seamlessly with your clinic’s workflow, helping you achieve your goals smoothly without interrupting your daily operations.
2. IMS Setup and Customization
One of the advantages of Meditab’s MIPS support service is that it works hand-in-glove with its award-winning EHR system, IMS. Once you’ve set your MIPS goals, our QPP team sets up, maps, and customizes your IMS platform to automate data capture, regular reporting, and data analytics.
IMS is fully capable of supporting all MIPS measures and offers a suite of tools designed specifically for seamless MIPS tracking, reporting, and optimization:
- The MIPS Dashboard automatically captures relevant data and presents a clear view of each measure's performance, allowing you to identify strengths and areas for improvement.
- Annually Updated MIPS Reports allow you to generate updated registry reports straight from IMS.
- MIPS Measures Customization lets you specify which measures you want to meet for each category.
- Robust Practice Analytics offers real-time insights into your practice’s performance, helping you visualize trends and track MIPS compliance.
3. Performance Monitoring and Benchmarking
Using our extensive MIPS expertise, our QPP team provides your staff with in-depth training on leveraging IMS to meet your MIPS goals.
We also run regular assessments to continually monitor your practice’s performance across all reporting areas, comparing them against relevant benchmarks and offering actionable recommendations to help boost your score. By taking a proactive approach, we help identify performance gaps early and give you time to make necessary adjustments.
4. Submission and Attestation
Our QPP team is up to date with all MIPS reporting deadlines throughout the year and makes sure you are, too. Beyond basic reporting, our attestation experts meticulously review your data, spot inconsistencies, and verify information so each measure accurately represents and aligns with CMS standards.
We can also handle your data validation and submission processes with CMS, ensuring your information is error-free and meets all criteria to maximize your score.
Why Expert Assistance Makes a Difference
Involving a team of experts in your MIPS compliance journey can be a game-changer. MIPS specialists bring years of focused experience to the table, allowing them to interpret complex regulations, anticipate compliance hurdles, and provide solutions tailored to your practice’s needs. Here are a few benefits of having Meditab’s QPP team on your side:
- Save Time and Ease Administrative Burden: MIPS reporting can be a significant administrative burden on your team because it requires time and meticulous attention to details outside their day-to-day tasks.
With a dedicated team managing the complexities of MIPS reporting, you free your in-house staff from time-consuming data entry, tracking, and compliance checks. This shift lets your team concentrate on patient care and core operational priorities.
- Enhance Accuracy and Compliance: Navigating the intricate requirements of the MIPS program requires a deep understanding of CMS guidelines, performance measures, and reporting standards. Our QPP team’s expertise minimizes the risk of data inconsistencies and missed deadlines that can lead to penalties.
Ensuring accurate and consistent data submissions, we help protect your practice from compliance risks and provide peace of mind.
- Maximize Financial Rewards: The MIPS scoring system is designed to reward high performance, with the potential for enhanced reimbursement rates for top-scoring practices. Higher MIPS scores translate to better reimbursement rates.
Our targeted assistance helps you strategically select and excel in the MIPS measures most relevant to your practice. By turning compliance into a revenue-driving factor, we help you turn regulatory requirements into an opportunity for practice growth and business sustainability.
- Proactive Strategy and Continuous Improvement: We don’t just aim to meet compliance; we’re here to help your practice thrive. We ensure continuous improvement in your MIPS performance by providing ongoing monitoring, data analysis, and regular insights.
By identifying trends and highlighting areas for enhancement, our QPP team helps you maintain compliance year after year and equips your team with actionable strategies to optimize performance and patient outcomes.
Maximize Outcomes with Meditab’s MIPS Consulting Services!
Successfully navigating MIPS requires more than just understanding the basics; it requires a proactive, expert-guided approach. Meditab’s MIPS support services help practice managers and owners like you streamline compliance and maximize your practice’s performance scores.
With consultation, data analysis, submission assistance, and audit preparation, our team covers every aspect of MIPS compliance to ensure you’re in the best position to succeed.
Ready to turn complex requirements into rewarding outcomes for your practice? Because we are! Connect with our QPP team and start your journey to MIPS compliance with confidence.
