Through the creation of the Quality Payment Program, Medicare has provided a glide path for the transition to fee-for-value.

The first step of that journey is MIPS. 

Think of MIPS as an olive branch from CMS to providers, tying quality performance to reimbursement. CMS could have immediately forced all providers to participate in value based contracts, but instead, they have offered a slow transition so we can all ease into the world of value-based care. 

The Gold Standard

There’s a reason Medicare considers patient reported outcomes the gold standard–they’re proven to provide quality data to improve clinical performance. MIPS provides an incentive for providers to get serious about collecting patient outcomes. 

The Micro Utility of Outcomes Data

Improving care delivery starts with objectively knowing how your patients are doing. Evaluating patient reported outcomes on an individual basis, allows you to deliver more personalized care–but the utility of these measures shouldn’t stop there. 

The Macro Utility of Outcomes Data

Once you can look at outcomes data in aggregate, the utility significantly increases. The advantage of the macro data is the ability to leverage your outcomes to evaluate and improve your clinical performance and create evidence-based protocols. When providers are given visibility into patient-reported outcomes they’ve seen a 20% improvement in clinical performance. 

How are you looking at measurement in your clinic? Let us know in the comments.