Boca Raton based specialty-specific health information technology leader Modernizing Medicine, Inc. recently announced that its electronic health record (EHR) system, EMA™, is among the first in the United States to include built-in Merit-based Incentive Payment System (MIPS) composite score reporting, robust analytics and benchmarking reports that document healthcare providers' performance in near real-time.

Modernizing Medicine's EHR system can calculate how providers perform with a single MIPS composite score that factors in three weighted performance categories: Quality, Advancing Care Information and Clinical Improvement, plus Resource Use coming in 2018. The overall score then indicates performance as measured and compared to peers across a number of different criteria. Providers that exceed the minimum threshold in 2017 can be paid more money versus those that don't. Providers that do not meet the minimum threshold can receive a substantial reduction in payments from the Centers for Medicare & Medicaid Services (CMS), in accordance with their new Quality Payment Program that started at the beginning of January 2017.

"Our doctors developed our EHR system to automatically capture all data physicians need at the point of care to build and report their composite MIPS score," states Michael Sherling, MD, MBA, Chief Medical Officer and co-founder at Modernizing Medicine.

 

SFHEF Member Spotlight

Ms. Ostoski is the Southeast Director of Business Development for The Greeley Company, a consulting firm that provides practical solutions to healthcare challenges. She is also the Sponsorship Chair-Elect for the South Florida Healthcare Executive Forum.

"I moved to Miami 5 years ago and ACHE was one of the first organizations I joined. The networking, education, and relationships I've gained have been invaluable; I want to give back to SHEF and build stronger relationships with our members," states Ms. Ostoski. "I started my career in the fashion industry in New York. I said I would never move to South Florida and now, of all the cities I've lived in, Miami is my favorite!"