iHealth Innovations, a revenue performance and advisory company for physician practices and medical groups, now offers Wellness and Revenue Assistance Program services.
The services are designed to assist providers implementing quality payment programs under the final rule for the Medicare Access and CHIP Reauthorization Act, a landmark payment system for Medicare physician fees that replaces the sustainable growth rate formula, according to a news release. The rule finalizes MACRA's Quality Payment Program.
"Our WRAP program guides and advises physician practices and medical groups as they navigate MACRA's new quality payment program," Justin Barnes, partner and chief growth officer at iHealth, said in a statement. "For practices with the right strategic guidance and resources in place, QPP incentives could represent significant earnings as well as penalty-avoidance between now and 2020."
With WRAP, iHealth advisors work directly with practices to help them fully understand their MACRA options, begin QPP reporting and refocus their revenue cycles accordingly — including assistance with fine-tuning EHR workflow and coding practices, according to a news release.
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