Media, Pa.-based Healthcare Administrative Partners, a provider of revenue cycle, coding and practice management services for specialty physician practices, unveiled Merit-Based Incentive Payment System compliance solutions.
MIPS, which was established under the Medicare Access and CHIP Reauthorization Act, includes various performance categories and associated reporting metrics that affect Medicare payments based on value. Providers who bill more than $30,000 a year or care for at least 100 patients under traditional, fee-for-service Medicare will be subject to MIPS.
Here are three things to know about the services.
1. Healthcare Administrative Partners' MIPS Measure Assurance Services aim to help specialty physician practices maintain program compliance and optimize Medicare reimbursements.
2. The MIPS Measure Assurance Services include a Provider Quality Report Card that assesses a practice's MIPS performance; a standardized methodology for MIPS Quality reporting to CMS; and education and support.
3. MIPS Measure Assurance Services are available to all Healthcare Administrative Partners RCM clients.