Practice Pro announces that The Centers for Medicare & Medicaid Services (CMS) has named it a Merit-Based Incentive Payment System (MIPS) registry for the 2019 Quality Payment Program year.
Practice Pro develops therapy practice management software designed specifically for the needs of outpatient therapy providers.
The Practice Pro Registry is one of four rehab EMR vendors granted CMS Qualified Registry status, meaning it can now collect and report quality measure data on behalf of physical therapists (PT) and occupational therapists (OT) under MIPS.
PT and OT practices can participate in MIPS directly through the Practice Pro cloud-based EMR module as a part of the practice’s normal clinical documentation process.
“This is an important designation for Practice Pro, further reinforcing our commitment to rehab therapy customers as they look to tackle reimbursement challenges in today’s value-based care environment,” says Sanjay Patel, founder and CEO, Practice Pro, in a media release.
“As a CMS qualified registry, physical and occupational therapy practices can rest assured Practice Pro is providing them with both a compliant registry needed to avoid payment penalties as well as an integrated EMR platform that helps practices streamline patient intake, eliminate paper statements, measure advanced KPIs, and increase revenue.”
The Quality Payment Program is the United States Department of Health & Human Services’ (HHS) take on further transitioning the healthcare industry from fee-for-service to value-based care. The 2017 final rule implemented the QPP as part of the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).
Clinicians have two tracks – MIPS or Advanced Alternative Payment Models (Advanced APMs) to choose from in the QPP based on their practice size, specialty, location, or patient population. As of January 2019, PTs providing services under Medicare Part B who meet qualifying criteria must participate in one of the two programs, the release explains.
[Source: Practice Pro]
