An enhancement to the companys specialty-specific electronic health record (EHR) system, EMA, and Practice Management system, Analytics is designed to give physicians near real-time population health data to help support the transition to value-based healthcare. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161130005688/en/ This functionality is timely considering that the Centers for Medicare & Medicaid Services (CMS) recently released the final rule outlining how the Medicare Access and Chip Reauthorization Act (MACRA) plans to replace the current Medicare payment system with the Merit-Based Incentive Payment System (MIPS) and Alternative Payment Models (APMs). Since CMS aims to reimburse for value, not volume, we need to provide real-time quality outcomes with appropriate benchmarking so that providers can thrive, said Michael Sherling, MD, MBA, chief medical officer and co-founder of Modernizing Medicine. original siteAnalytics is intended to empower our physicians with specialty-specific, granular, actionable data to conduct population health, streamline operational efficiencies and improve the financial health of their practice. From patient check-in to discharge, Analytics is designed to allow specialists to identify and track key clinical, financial and operational metrics to uncover insights to help optimize their practice, plus measure and enhance performance by making high-quality medical decisions and helping to keep costs down. Go HereWithout leaving EMA, in Analytics physicians can have the ability to: Unlock in-depth clinical data, billing and financial reports to augment the built-in reporting tools in EMA and Practice Management View real-time, national benchmarking Spot and respond to trends in payment patterns Compare outcomes and performance with other providers View changes, payments and adjustments by payer groups Identify trends in reimbursement patterns before they affect cash flow At the users conference, some clients saw real-time client data for the first time, whereas others touted the benefits of already using Analytics. Running a medical practice, you are only as good as the clinical, operational or financial data you can review to benchmark your performance, shares Tom McNeil, chief executive officer of Premier Dermatology, a 15 provider group with multiple locations throughout the greater Sarasota, Florida area. With Analytics, I can show our partners real time benchmarking within our group and compare it with CMS and other data. We utilize the Analytics dashboard frequently, which gives us the ability to focus on the specific data we want to see on a daily, weekly and monthly basis. Having access to these detailed reports can help us to identify areas within the practice that need improvement and highlight the areas where were succeeding. In addition, with the announcement of the general availability of Modernizing Medicines Apple Watch technology, users will be able to view scheduling to provide insight into the days agenda, including which patients are coming in, what time the appointments are and which rooms patients are in; Intramail; viewing Notes; and more. Apple Watch application functionality is facilitated through modmed Pocket Practice, a native iOS smartphone application.
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