What’s the Merit-Based Incentive Payment System (MIPS)?

[infobox size=12 icon=none000 type=none width=100% bgcolor=#FEF6D2 bordercolor=#FFD300 color=#444444 size=12 border=full style=square ]Three Medicare incentive programs are proposed to be merged:

  • EHR Meaningful Use
  • PQRS
  • Value Based Modifier

Chart Talk has created a platform so versatile in deployment and reporting that whatever merit based reporting will be required, Chart Talk is able to exceed all expectations. Patient portal, certified EHR, medical billing and documentation. When all of your data is in one system the value of your data increases exponentially. It’s time your data started to work for you.

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Meaningful UsePQRSValue Based Modifier
Meaningful Use is the common term for the EHR incentive program that began in 2011. Meaningful Use really accomplished three goals during it’s first five years in existence:

  1. Standardize data set for all patients and data interchange
  2. Statistical and quality reporting based on endorsed procedures.
  3. Organizations taking ownership of electronic protected health information.
The Physician Quality Reporting System (PQRS) is a claims based quality reporting system. Different measures are endorsed for different specialties. The Chart Talk patient engagement and reporting platform is designed to be able to be customized for your workflow to tackle any quality measure.
The value based modifier program ties quality and cost of care into a clinical performance measure. To read more about the value based modifier, take a look at the CMS website.