Innovaccer launches MIPS reporting and performance optimization platform
Silicon Valley-based healthcare analytics startup Innovaccer introduced the Innovaccer MIPS Platform, aimed at helping providers achieve better clinical outcomes.
MIPS is the acronym for the government’s Merit-Based Incentive Payment System.
Innovaccer’s new platform takes in clinical, claims, ADT, scheduling, immunization, medication, and labs data from disparate sources. Using the platform’s dashboards, providers can calculate MIPS quality measure and track and improve the providers’ MIPS Composite Performance Score.
The platform is engineered to help healthcare providers monitor performance, understand the population, manage data, and submit it to Centers for Medicare & Medicaid Services, which manages the program.
The platform streamlines MIPS reporting and removes the need to allocate valuable resources to achieve compliance, Innovaccer CEO Abhinav Shashank said in a statement.
With the platform, Innovaccer is also providing advanced analytics capabilities to enable performance tracking and better outcomes, he added.
The MIPS Platform is a part of Innovaccer's existing Datashop. It has the list of all the measures that are used, including those required for quality, advancing care information, and clinical practice improvement activities.
MIPS is part of the Quality Payment Program rolled out by CMS on January 1 this year. It combines the existing programs such as PQRS, meaningful use, and value-based modifier into one performance payment system.
The Innovaccer team will be at Booth 6179-31 in the Population Care Management Center at the 2017 HIMSS Annual Conference and Exhibition.
HIMSS17 runs from Feb. 19-23, 2017 at the Orange County Convention Center.
This article is part of our ongoing coverage of HIMSS17. Visit Destination HIMSS17 for previews, reporting live from the show floor and after the conference.