CareCloud Announces MIPS Success Package

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Clients use free tracking and reporting tool to avoid penalties and position themselves for incentives under MACRA

MIAMI--(BUSINESS WIRE)-- CareCloud, the platform for high-performing medical groups, has released its new MIPS Dashboard to help eligible clinicians seamlessly capture and report on Merit-based Incentive Payment System (MIPS) regulations for the Centers for Medicare and Medicaid Services (CMS). The real-time dashboard is a part of the comprehensive CareCloud MIPS Success Package for 2018, which pairs intelligent software and tools with a customized MIPS Action Plan that is complementary for all CareCloud clients. This package follows CareCloud’s Success Guarantee for 2017, which led the market in offering a no-cost penalty avoidance guarantee supported by dedicated account managers and software tools.

“The growth-oriented practices we work with see meeting MIPS obligations as an opportunity to position themselves competitively with commercial plans as well as with CMS,” said Polly Friend, RN, CareCloud’s senior director of clinical services. “For this reason, we’ve made the MIPS Success Program part of our EHR offering at no additional cost and have built an intuitive dashboard for tracking and reporting outcomes that supports our clients’ needs to compete across value-based reimbursement models.”

MIPS Success Program

CareCloud offers providers integrating new MIPS regulations into their clinical workflows personalized support, efficient tracking and reporting workflows, and the integration of templates to streamline MIPS reporting. CareCloud has collaborated with its EHR clients to successfully design and execute their MIPS Action Plans to avoid costly penalties and optimize their payment incentives. In addition, all CareCloud EHR clients have free access to the powerful MIPS Dashboard to complete their tracking and reporting in a one-stop-shop experience.

CareCloud’s MIPS-related processes, tools, and support underscore the company’s proven track record in keeping organizations in compliance with regulatory changes. The company’s expertise has been recognized by leading organizations, including Black Book’s industry-standard ratings, where CareCloud was ranked the No. 1 EHR vendor when it comes to MIPS support. In addition to MIPS-specific software tools and support, CareCloud’s Breeze patient experience management platform allows practices to optimize their incentives by scoring highly on a number of patient-related quality and improvement activity measures.

CareCloud MIPS Dashboard

CareCloud has partnered with a CMS-qualified registry reporting tool to bring eligible clinicians the ability to capture and report MIPS Quality, Advanced Care Information, and Improvement Activities measures — seamlessly and from only one location. With real-time dashboards, this tool enables providers to identify and respond to data being captured and ultimately optimize performance incentives they can earn through MIPS. This powerful dashboard supports all specialties and allows eligible clinicians to report as individuals and groups.

As a cloud-based platform, CareCloud’s technology is designed to quickly update and adapt to changes in the healthcare landscape. The company is experienced in aiding clients through large regulatory shifts, previously taking its base of high-growth medical groups through the 2015 ICD-10 coding transition. Platform updates are deployed monthly, so clients can stay current on their individual reporting requirements.

The company is also providing free access to its new MIPS Resource Center with tips and tools based on real-world experience working with physician practices to design and execute MIPS Action Plans. Information about CareCloud’s MIPS Success Program and MIPS Dashboard also may be accessed at carecloud.com/mips.

About CareCloud

CareCloud is the leading provider of cloud-based revenue cycle management (RCM), practice management (PM), electronic health record (EHR), and patient experience management (PXM) solutions for high-growth medical groups. CareCloud helps clients increase financial and operational performance, streamline clinical workflows, and improve patient care nationwide. The company currently manages more than $4 billion in annualized accounts receivable on its integrated clinical and financial platform. To learn more about CareCloud: www.carecloud.com.

CareCloud
Lynn Shepherd, 610-613-7263
Head of Communications
lshepherd@carecloud.com

Source: CareCloud

Released December 13, 2017