We’ve already previewed what to expect in our MIPS survey whitepaper. And now, you can go see the full results for yourself! We are going to spend the next few weeks giving a more in-depth preview of each question, and why you should care about the results. Today, we are tackling the third question we asked which really got to the heart of MIPS.
Do You Understand the Negative Payment Adjustments and Potential Payment Bonuses Providers are Eligible for?
You’ll have to download our whitepaper to see how our (over 800) survey respondents responded, but discovering how much the industry understands the financial impact was very important for us. It’s not just that this is some extra burden that healthcare providers will have to live with. This change can have a significant impact on the bottom-line for healthcare providers – not to mention the care their patients ultimately receive. Do you understand how much the potential financial impact can be? Did our survey respondents?
Just staying up-to-date with the requirements can be difficult, which is why we placed this question after the initial two. Performance years, thresholds, peer comparison, composite scores being published. These can all influence the totality of the financial impact.
We’ve been studying and preparing solutions that will enable providers to reach their performance goals for maximized patient outcomes and financial gains. Healthier patients and a better bottom-line. Our solutions are designed for just that.
Check back as we continue to explore the survey questions. Next time we will look at the fourth question we asked, which centers around just how big the financial impact could be. This is the fundamental shift we’ve been talking about, so it will be interesting to dissect these questions. Don’t let this preview be the end of your journey though. Download the full whitepaper to see how your opinions compare!
In Good Health