In order to be included in the MIPS qualified registry vendors, you must self-nominate your organization each year (even if you have previously qualified) and gain approval by CMS. As a clinician, individual or group, you’ll see yourself directly interacting with your selected vendor on a regular basis.
Therefore, it’s absolutely necessary there’s a mutual understanding in regards to expectations and outcome goals. Essentially, the objective of any qualified vendor is to ease all billing and QPP reporting tasks. Which leaves you with valuable time to focus on patients.
To give you a brief understanding of the procedure, here are a few of the necessary requirements to be completed by a vendor in order to be approved by CMS for the 2018 MIPS Qualified Registry Vendors.
- Provide information about previous registry status (new or existing registry)
- Each vendor should have at least 25 participants by January 1st, 2018.
- Provide an attestation statement, verifying that all data in relation to measures, activities, and objectives are accurate and complete.
- You must submit data using one of the CMS provided secure data submission methods.
- Provide information on how we (the vendor) will process data validation and MIPS eligibility.
- Include our supported MIPS quality measures and performance categories.
- How the vendor will collect information and determine the provider’s performance rates.
- Process for verifying providers TINs and NPIs.
- Provide a random audit process.
Accuracy is absolutely vital in all aspects of data collection, reporting, and submission. CMS has determined a penalty in regard to inaccurate data submissions. Therefore, this results in possible probation and disqualification for the following year.
Side Note- Registry updates would show which vendor is on probation.
In addition, CMS has provided us with a checklist consisting of data submission tasks. You must complete all the tasks to be approved for a qualified registry. The categories a vendor must complete (with a brief description) include:
Indicate– Certified EHR technology, start and end dates for performance periods. Whether or not vendors are reporting on quality measures, objectives, and improvement activities.
Submit– Submit and report data for all supported MIPS categories, provide eligible clinicians with performance feedback at least 4 times a year, quality measure ID numbers.
Report (on the number of) – Performance and reporting instances, inadequate submission criteria.
MIPS Qualified Registry Vendors 2018
Verify (clinician information)– Details about services provided to clinicians along with contact information and charges. This should be signed consent by the provider to allow the vendor to provide CMS with MIPS data on their behalf. Also provide HIPAA compliance (patient-focused) agreement between both vendor and clinician, verify all data submitted is accurate and complete.
Comply- Submit data using one of the secure options provided by CMS, fulfill requests by CMS to review data at any time, take part in annual registry meeting and monthly support calls.
We at P3Care are proud to be 2017 CMS certified! P3Care’s objective has always been to reduce workload burdens off of providers and staff to enable them to look after patients in a better way.
If you’re on the hunt for a medical billing provider or MIPS support, we can ensure you will be satisfied with our committed service!
Our CMS registry approval will ensure you that we have successfully demonstrated our capabilities on reporting data for the MIPS transition year 2017 in the following categories: Quality, Advancing Care Information, and Improvement Activities.
Furthermore, the CMS registry will provide you with the necessary information needed when selecting an appropriate vendor for your practice. Therefore, you can find detailed information about each vendor under the following headings: Contact Information, Cost, Reporting Options (individual or group, Services Offered, Performance Categories, Quality Measures Supported, and eCQMs Supported.
P3 Healthcare Solutions and Medical Billing
To decide which professional medical billing company suits their practice best is one of the most important decisions a provider will make. The financial outcome of your practice heavily relies on the efficiency and accuracy of the medical billing vendor you select. Whether you practice individually or in a group,
CMS qualified registries are a collection of vendors that are certified to report on quality measures and data for the Quality Payment Program / MIPS. CMS registry vendors have all the necessary tools, knowledge, and software up their sleeves. This is important to submit data on behalf of providers directly to CMS.
Furthermore, qualified registries are self-nominated. And they have proved to meet requirements set out by CMS and the QPP. P3 Healthcare specializes in supporting MIPS eligible clinicians through Benchmark Quality Reporting. While also functioning as a proficient and client-centered Medical Billing firm.
Therefore, MIPS qualified registry is open to the public anytime. You can view P3 HealthCare Solutions in the MIPS qualified registry vendors by visiting the CMS Resource Library.