March 1, 2018
CMS Approves Excelicare as a MIPS Qualified Registry
Approval allows Excelicare to report data for all MIPS performance categories on behalf of individual MIPS-eligible clinicians and groups for the 2018 performance period.
The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) streamlined a collection of federal reporting programs into a single system, the Quality Payment Program (QPP), that rewards doctors and other clinicians for better care. Eligible providers can choose to participate in one of two tracks — the Merit-based Incentive Payment System (MIPS) or Advanced Alternative Payment Models (APMs) — based on their practice size, specialty, location and patient population. They can practice as they always have, but may receive higher Medicare payments based on their performance and engagement in key activities, which are broken into four categories: Quality, Improvement Activities (IA), Advancing Care Information (ACI) and Cost.
Under MIPS, there are several data submission methods, one of which is Qualified Registries. A Qualified Registry is a CMS-approved entity that collects clinical data related to the Quality, IA and ACI performance categories from MIPS-eligible providers and submits the data to CMS on their behalf. As an approved 2018 Qualified Registry, Excelicare now has the ability to provide this service for the 2018 performance period — covering all Quality, IA and ACI metrics — further strengthening our portfolio and our ability to facilitate the delivery of value-based care.
In short, as a comprehensive population health management solution, Excelicare maximizes the utility of data from all sources (EHRs, EMRs, payer claims, labs, radiology and patient-entered data), supports value-based care through clinically intuitive care management workflows, and provides tracking, reporting and submission of the metrics required to effectively measure and reward performance.