PALO ALTO, Calif., Feb. 7, 2017 /PRNewswire/ -- Innovaccer Inc., a leading healthcare analytics company announced the launch of 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.
"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."
MIPS Platform is a part of Innovaccer's existing platform Datashop, the operating system 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.
"There is a lot of data related to each measure regarding categories, priorities high or medium, applicabilities of measures to different specialties, and other criteria that significantly influence a certain practice's future," said Kanav Hasija, Co-founder and COO, Innovaccer. "We understand the ongoing confusion many providers have regarding new regulations, so we addressed that too. The platform has been designed to guide the providers in selecting which measures they should report on, based on their practice, specialty, and performance parameters."
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.
To learn more about the MIPS Platform, join Innovaccer team at Booth # 6179-31 in Population Care Management Center at HIMSS 2017 in Orlando.
Schedule a personal demo with Innovaccer's MACRA expert to learn more about the platform.
Innovaccer Inc is a Silicon Valley-headquartered, Healthcare analytics company. Innovaccer's aim is to simplify complex data from all points of care, streamline the information and help organizations make powerful decisions based on the key insights and predictions from their data. Its proprietary product Datashop enables provider organizations to use data as a source of innovation and has been deployed across 15 countries at academic institutions, governmental organizations, and several corporate enterprises such as Catholic Health Initiatives, El Paso HIE, Sonic Healthsystems, Harvard, Stanford, MIT, and Wolters Kluwers.
For more information, please visit innovaccer.com or follow us on Twitter @innovaccer.
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SOURCE Innovaccer Inc.