Smart Data and Reporting Control Medicare Costs and Drive Data
The cost of services for Medicare patients is important in determining an organization’s MIPS score, yet you likely have no access to your data.
MIPS Cost Analytics is the first and only technology platform that provides current cost data for all Medicare patients quarterly.
Why is this important? Since 2018, the Centers for Medicare & Medicaid Services (CMS) has gradually increased the weighting of the Cost Performance Category. However, from 2019-2021, Cost data wasn’t provided due to the COVID pandemic. Starting in 2022, Cost and Quality are equally weighted at 30% each, but you have no insight into your patients’ Cost data or the ability to impact it.
We invested in data scientists, so we could analyze Cost data quickly and make it useful to medical practices. Our software developers are applying artificial intelligence, machine learning and predictive analytics to this data, so executives can act to improve their MIPS scores and drive more revenue opportunities.
Gain true transparency and accountability:
- Fast access and insights into Medicare Cost data
- Customized dashboard
- Comparative data for all providers in the network
- Improved MIPS Cost score
Watch the following video to learn how MIPS Cost Analytics is helping providers experience less stress and more revenue through greater insights around their Cost data.