Radloop Measure Extractor
What is MIPS and what are the measures?
The merit-based incentive payment system (MIPS) is a program through CMS to report quality-of-care metrics. This is a department of the government’s quality payment program.
How are measures extracted now?
Currently, these important measures are extracted manually, which is time-consuming, error-prone, and expensive. Automatically extracting these measures would save time and money and allow more radiology practices to efficiently collect and report them.
What is changing about the MIPS landscape?
Starting with performance year 2022, the threshold to avoid penalties is much higher. The number of national radiology measures continues to be depleted or topped out and bonus points are removed. It is becoming much more difficult to avoid a negative reimbursement adjustment.
Why is this change important?
More radiology practices will see a significant negative payment adjustment. And both negative and positive adjustments will increase in size, which will widen the gap between those who report their MIPS measures effectively and those who do not. Avoiding negative adjustments requires strategic planning and changing your MIPS measures collection strategy to include full point measures available in a Qualified Clinical Data Registry (QCDR).
The Radloop Solution:
Radloop Measure Extractor
Why choose radloop®’s automatic MIPS extractor?
Our MIPS extractor uses an AI algorithm to automatically extract and report the national measures and measures from the two QCDRs. Our product significantly increases the chances of a positive adjustment. It also allows users access to new measures with a floor of 7 points.
Who does this benefit?
The MIPs extraction tool benefits radiologists and radiology groups as they navigate the changing government rules of reporting quality data. Going forward, it will be increasingly difficult to avoid a negative Medicare payment adjustment. The extraction tool automates the reporting of national and QCDR measures to greatly improve the chances of a positive payment adjustment. This helps radiologists increase the reliability of their revenue stream and works to improve the quality of care. At Radloop, our platform aims to improve the whole radiology care ecosystem for physicians, patients, and other stakeholders.
Automate
Measures Extraction
Protect
Reimbursements
Streamline
Reporting
Capture National
& QCDR Measures
Why Choose Radloop?
Close the loop on Actionable Findings
Radloop is an industry-leading platform that represents the future of modern healthcare. We are on a mission to solve a major gap in healthcare today. We leverage the power of AI and natural language processing to improve patient care and lower the burden on our healthcare professionals. We have years of experience working with radiology practices, billing companies, insurance companies, and hospitals to implement robust interoperable communication . We integrate seamlessly with EMRs and have a dedicated, responsive team to help make Radloop the best solution for your situation. At Radloop, we are at the forefront of using healthcare data to improve patient outcomes
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A smarter way to coordinate care.
A smarter way to coordinate care.