GPA Capital’s job is to assure that we can not only “source” your desired funding request, but sustain and retire the debt. You must preserve and increase your gross revenue so that your Cash Available for Debt Service (CADS) is sustained and growing. MIPS speaks directly to that endeavor:
The Merit-based Incentive Payment System (MIPS) is the most massive modification in a generation to Medicare Part B reimbursement. As part of the shift from “pay for performance” to “pay for value” the program is designed to be a zero-sum process. On an annual basis affected clinicians will receive a Composite Score, based on submitted data, that ranges from 0 – 100. High scoring clinicians will receive increased Part B reimbursements that will be taken from those with low scores. The MIPS program is much more complex than the Meaningful Use program and the stakes are much higher.
|Loan Amount||PMT||CADS*||MIPS +/-||DSCR|
*Cash Available for Debt Service
GPA Capital’s partner company EMR Advocate, Inc. is the acknowledged experts in the MIPS program. Utilizing MyMipsScore, the most robust MIPS data analytic tool, they bring the ability to identify current MIPS score status and deliver actionable guidance to boost those scores. GPA Capital/ EMR Advocate, Inc. offers the MIPS Roadmap 2017 as a tactical engagement to implement a fully functional instance of MyMipsScore and utilize real data for determining the current MIPS status of the organization and devising a strategy for maximizing it.
The MIPS Roadmap starts with a preliminary meeting to define the scope and data requirements. During this meeting, the team at GPA Capital/ EMR Advocate, Inc. works with the client to collect a snapshot of the client's relevant EHR data. The Roadmap session begins with an overview of MIPS to ensure that all participants have a basic understanding of MIPS. The conversation quickly turns to analyzing the organization's data. The analysis includes but is not limited to:
The final segment of the Roadmap Session is spent on developing a strategy for maximizing the MIPS score using MyMipsScore's patent pending MIPS Score Simulator™. While most of this session is spent on analyzing quality measures, it is not uncommon to include ACI analysis for large groups. The goal is to identify multiple scenarios for the organization to achieve a MIPS score of 100.
For a conference, click to schedule.
Caution, there are innumerable websites offering to assure you no penalty for 2019. It does nothing to improve your cash flow and you will wind up with a 3 out of 100 Reputation Score. This will effect your patient population and cause negative growth in your cash flow. Note: 38% of providers are affected which, although a large number, these same providers account for 58% of Medicare Part B billing, which is huge.