Innovaccer Inc., a healthcare analytics company has unveiled its holistic MIPS Platform designed to enable providers deliver better clinical outcomes by helping them monitor performances, understand population, efficiently manage data, and easily submit it to CMS. The platform has the capability to ingest Clinical, Claims, ADT, Scheduling, Immunization, Medication, and Labs data from disparate sources in one single longitudinal patient view. Through intuitive dashboards in the platform, providers can calculate any MIPS registry quality measure or eCQM, track and improve group/provider’s MIPS Composite Performance Score.
MIPS Platform is a part of Innovaccer’s existing platform Datashop, the operating that powers healthcare. It has the list of all the measures that are used across the multiple performance measures, including measures required for quality, advancing care information, and clinical practice improvement activities. In addition to this, description for every measure has been provided to help the users understand them easily.
“Our team had recently launched MIPS Calculator, which was praised by many and based on the responses we received from providers we came up with a platform that streamlines MIPS reporting and removes the need to allocate valuable resources towards compliance. We are also providing advanced analytics capabilities with the platform to enable performance tracking and better outcomes,” said Abhinav Shashank Co-founder and CEO, Innovaccer. “We think it’s very important that value-focused organizations understand the efficiencies that are intricately embedded within the new regulations.”
The Merit-Based Incentive Payment System (MIPS) is a part of the Quality Payment Program rolled out by CMS. Implemented on 1st January, it combines the existing programs such as PQRS, Meaningful Use, and Value-based Modifier into one performance payment system.
The Innovaccer team has developed the technology platform through a user-centered design process after taking inputs from customers and thought leaders. The platform also educates the care teams about the program, requirements, and care opportunities reducing training requirements. With a simple point-and-click interface, the team is optimistic that it’ll help the both MIPS and MIPS APMs to adapt quickly to new regulations and secure maximum reimbursements.
