Orlando, FL – HealthGrid is poised to advance healthcare providers’ ability to increase value and return on investment (ROI) by strengthening their MACRA (Medicare Access and CHIP Reauthorization Act) and MIPS (Merit-based Incentive Payment System) readiness. The company is one of the few mobile-first patient engagement platforms to offer this functionality, increasing its appeal to both physician groups and hospitals.
By reaching patients on their personal mobile devices, HealthGrid’s platform allows healthcare providers to increase both patient engagement and ROI under MACRA’s new proposed legislation. More specifically, HealthGrid’s platform assists providers with:
- Patient care plan management for Alternative Payment Models (APMs)
- Compliance for patient-facing quality measures within programs such as Meaningful Use, PQRS (Physician Quality Reporting System), etc.
As the nation’s medical system continues to transform from volume to value, MACRA will shift reimbursement from fee-for-service to pay-for-performance under MIPS and APMs, placing greater emphasis on patient engagement and patient outcomes. Using HealthGrid, providers can improve care coordination for value-based care through a platform that combines patient mobile outreach, personalized education, mobile preventative screenings and assessments, care transition enablement, and care plan management.
HealthGrid’s CEO, Raj Toleti, stated that, “It is a must in the world of value-based payments to have the most effective electronic patient engagement strategy. At HealthGrid, our solutions provide mobile connectivity across the care continuum and help patients adhere to a variety of care plans pre and post care with the highest levels of patient engagement and care plan compliance in the country. As a result, we’ve been able to prove sustainable value through ROI-based use cases such as improved quality, reduced cost better care coordination, and increased revenue, while also aligning with regulatory requirements such as bundled and alternative payment models. This allows our clients to take a simple, consolidated patient-centered approach to care, while also preparing for the rigorous demands of an ever-changing reimbursement system.”