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To assist this need, a MIPS Qualified Registry is,
therefore, crucial for all medical practices to cater to the administrative
load. It not only simplifies your data submission process but also helps do it
efficiently. A few advantages that clinicians enjoy from consulting a
CMS-approved registry is:
- Simplifying the requirement analysis and reporting process
- Staying on top of QPP MIPS reporting requirements
- Achieving financial goals in a systematic order
Timely MIPS data submission to CMS
Of course, the reporting process is less stressful when you
have a team of professionals with you. You can read a few benefits of hiring a
MIPS Qualified Registry in this article. So, let’s go through them and reach
the final decision that why we need to consult professionals for our practice.
One Platform Suitable for All Requirements
A qualified registry makes MIPS reporting work a lesser hassle
for medical practices. There is every reporting option available for all
specialties so, you do not have to worry about anything. Quality, Promoting
Interoperability (PI), Improvement Activities (IA), and Cost, physicians get
solutions for everything.
On the flip side, a streamlined process that professionalMIPS consultants offer allows keeping track of performance easily.
Moreover, it is flexible to have all the data in one place
as you can effortlessly set your score goals. Productivity improves, and you
have a plan of action to follow through.
Find Specialty-Specific Measures
Surprisingly, MIPS Qualified Registry offers approximately
232 Quality measures to report to CMS. This number is a lot less when you
choose to report through another method.
Thus, it is easier to find relevant measures as per your
medical specialty with a Qualified Registry with so many options at your
disposal. You can even customize your measure set, as you desire for maximum
MIPS score.
Instant Assistance Whenever You Want
The MIPS reporting requires compliance with many
requirements, and clinicians usually already got their hands full with work. In such a situation, a registry emerges as a knight in shining armor and aids in
all ways possible.
Their team is always at your disposal if you face any difficulty
understanding the requirements or their implementation. No doubt, their advice
on measure selection and other matters benefits medical practice in the long
run.
All their goal is to conduct a healthy discussion where a
healthcare organization gets on the track of their financial goals efficiently.
Plus, a reduced administrative load is a bonus.
Timely & Reliable MIPS reporting Services
CMS only approves those MIPS consulting agencies that have
efficient resources and a qualified experienced team. Indeed, it is a smart
choice to consult professionals as clinicians find solutions to their problems
in one place.
For instance, many medical practices just want to avoid
penalties. They do not aim to target MIPS incentives or a bonus pool of $500
million, whereas, some clinicians have totally opposite aspirations.
They don’t hesitate to target high rewards for their
exceptional performance.
So, no matter the diverse reporting goals, a MIPS Qualified
Registry assists your needs appropriately and on time.
Consistent Support 24/7
Whether you want technical support or a financial estimation
for MIPS 2021, it is easier when you have an experienced team at your disposal.
Simple math can be hectic sometimes, and here we are talking about a payment
incentive program, where there is no room for any error or miscalculation. So,
a lot is at the stake, such as payment adjustments and MIPS incentives.
A Qualified Registry generally works on the principle to aid
eligible clinicians in their administrative load.
So, no matter if you have a question regarding what
specialty-specific measure will be suitable for your practice or accurate
documentation, your dedicated MIPS consultant will guide you throughout the
journey. Thus, experience and quality work are needed that can help you align
your documentation with your objectives. And, it can be found when you have a
MIPS Qualified Registry with you.
Analyze Financial Consequences
If you report data through a MIPS Qualified Registry, you
can estimate your financial implications long before the data submission
deadline. Consequently, one can strategize accordingly to translate their goals
into actionable measures.
It is like a blueprint that gives a layout to go through the
maze easily. So, you can do all the math to perform well in MIPS 2021.
Access to Resourceful Reporting Tools
What if you get access to a tool that makes it easy to
collect, manage, optimize, and transmit data? Usually, MIPS Qualified
Registries use such tools for seamless performance measurement.
So, if you have outsourced your work to them, chances are
you can receive high outcomes without any fuss.
A few examples of what you can do with technology
incorporation in your MIPS data submission process are:
- Analyze claims to segment related measures
- Check performance thresholds
- Estimate MIPS score
Conclusion
A MIPS Qualified Registry opens so many doors of opportunities for a medical practice. There is so much at stake with the MIPS 2021 reporting, and any intentional negligence is no choice. Therefore, we suggest consulting professionals for a seamless and stress-free reporting process.
