What is CMS Reporting and Submission?
Under the Centers for Medicare & Medicaid Services (CMS) quality payment incentive programs (QPP), such as the Merit-based Incentive Payment System (MIPS), or other Value-based reimbursement programs, individual clinicians or groups of clinicians are required by CMS to report and submit performance measurement data to Medicare and commercial payer organizations. Organizations are required to do so on a regular schedule.
Because this is a regulatory requirement with financial implications, the practice will need to determine which methods of submission are applicable to them and optimal for them.
The optimal submission method will depend on a few things:
• Practice make-up: size, specialties, program eligibility, etc.
• Performance analysis
• Billing amounts and adjustment potential
• Certified EHR Technology (CEHRT) implementation and use
• Measures, thresholds, and benchmarks
Individuals, groups, and virtual groups should consider which submission method best fits their practice/providers.
ReportingMD is a Qualified Registry (QR) and has an ONC certified EHR application for CMS reporting and submission. ReportingMD has the experience and programmatic knowledge to help you establish the reporting framework necessary to participate in even the most complex performance measurement programs.
With the proven experience of our team and our value-based analytic solution, Total Outcomes Management (TOM™), data can be aggregated from disparate sources and consolidated into a single clinical performance management tool. ReportingMD’s technology is compatible with all EHR systems.
Learn why organizations rely on ReportingMD for powerful tools that help improve patient care measurement and reporting, improve quality outcomes, and maximize reimbursement.
Our experts can walk you through the process from measure selection to optimization, and reporting.