COSHOCTON, Ohio, Aug. 4, 2017 /PRNewswire/ -- Meridios, an Ohio-based healthcare technology company, has partnered with Mingle Analytics to provide Medicare quality reporting services to their healthcare reporting customers.
The partnership will enable healthcare providers and practices to avoid penalties and maximize Medicare reimbursements under the Merit-based Incentive Payment System (MIPS).
Under MIPS, which began January 1, 2017, it will no longer be enough to just report quality data to Medicare. The new program is part of Medicare's shift to value-based care with payments based on quality and cost rather than volume. Performance will now be measured on a 100-point scale and penalties could reach as high as 9 percent by 2022 under the new program. The 100-point scoring is based on three performance categories in 2017: Quality (formerly known as PQRS), Advancing Care Information (previously called Meaningful Use), and Improvement Activities; Cost, the fourth category, is proposed to begin at a later date.
"We are very pleased to be able to offer these invaluable services to our customers," said Patrick Clark, CEO of Meridios. "With the payment landscape changing so rapidly, it's critical that healthcare practices and enterprises have reporting tools at their disposal to improve gaps in care and maximize their value-based payments."
Mingle Analytics has established itself as an industry leader in Medicare quality reporting. Founded by a physician, the company's solution paired with excellent customer support has enabled organizations to successfully submit quality data to Medicare with a success rate greater than 99 percent.
"With MIPS Solutions™ by Mingle Analytics, Meridios customers will gain insight into performance across their clinicians and practices," explains Dr. Mingle, founder and CEO of Mingle Analytics, Inc. "Our tools will help them analyze their data and maximize their Medicare reimbursements through successful submissions to Medicare under MIPS and the new Quality Payment Program."
Dr. Mingle concludes, "We're delighted to bring our expertise in quality reporting, practice improvement, and analytics to our partnership with Meridios."
"Partnering with Mingle is a natural fit for our services branch and we welcome the opportunity to work with such a great team. Our analytics and Mingle's submission platform gives us a distinct competitive advantage in our market." Patrick Clark, CEO Meridios, Ltd.
Meridios, Ltd is a software design firm dedicated to helping healthcare providers improve the care they give their patients. We have been in business for over 10 years and analyze over 2.4 million patients daily for gaps in their health care. Our quality reporting platform pulls data from multiple EMR platforms aggregating it into actionable reports. www.meridios.com
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About Mingle Analytics
Founded on the vision for a better healthcare system, Mingle Analytics has established itself as an industry leader in Medicare quality reporting. As our healthcare system moves toward value-based purchasing, the Mingle Analytics team helps providers, practices, and organizations make sense of the complex maze of incentives, bonuses, and penalties to succeed with MIPS and the new CMS Quality Payment Program.
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SOURCE Meridios, Ltd