PatientKeeper introduces pay-for-performance module
Physician information system developer PatientKeeper has introduced a quality measurement module, PatientKeeper P4P, which automates the process of collecting and reporting quality metrics under the U.S. Centers for Medicare and Medicaid Services’ (CMS) 2007 Physician Quality Reporting Initiative (PQRI), also known as the pay-for-performance initiative.
The PQRI establishes a financial incentive for physicians and other health practitioners to participate in a voluntary quality reporting program. Eligible professionals who successfully report data for a designated set of 74 quality measures may earn a bonus payment, subject to a cap, of 1.5 percent of total allowed charges for covered Medicare physician fee schedule services provided during the reporting period of July 1 to December 31 this year.
The P4P software module, which is part of the Boston-based firm’s charge-capture system, offers a way for physicians to automatically trigger the appropriate questions for the collection and reporting processes for PQRI as charges are being entered.
The PQRI establishes a financial incentive for physicians and other health practitioners to participate in a voluntary quality reporting program. Eligible professionals who successfully report data for a designated set of 74 quality measures may earn a bonus payment, subject to a cap, of 1.5 percent of total allowed charges for covered Medicare physician fee schedule services provided during the reporting period of July 1 to December 31 this year.
The P4P software module, which is part of the Boston-based firm’s charge-capture system, offers a way for physicians to automatically trigger the appropriate questions for the collection and reporting processes for PQRI as charges are being entered.