Caradigm issued latest modifications to its product portfolio that it claimed will assist healthcare organizations comply with the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).
The wash.-based population health management vendor, bellevue, also unveiled bundled payments for value-based programs.
Caradigm CEO Neal Singh said, “As the healthcare industry sustain to drive a deliberate path toward value-based care, it is imperative for technology providers to continue to adapt and deliver solutions at a pace that meets the quickly evolving needs.”
MACRA Activities Library has been released by Caradigm, a huge library of quality measures that will be added to its Caradigm Quality Improvement to support MACRA/MIPs Quality category requirements.
The existing products of Caradigm permit consumers to customize a digital paper trail for attestation to Improvement Activities. With the expanded quality measure library and user-built lists and workflows, agencies can observe performance on measures for both tracks of the Quality Payment Program: MIPs and advanced Alternative Payment Models.
Several other enhancements were also released by Caradigm.
In Caradigm Care Management, Care Bundles is a new content page that supports the identification, management and coordination of patient care in care bundles across several settings from enrollment to closure, through directed care pathways.
The company further added Content Builder, providing self-service content creation functionality, to Care Management to enable clinical analyst consumers to develop and edit content like patient assessments without requiring vendor or information technology support. This permit users to quickly and cost effectively customize and adapt content to their unique requirements.
The second enhancement to Quality Improvement, Advanced Computation Engine (ACE), will enable Caradigm to define and deliver extra quality measures. User will be capable to review performance against CMS requirements for MACRA and other programs that are linked to penalties and reimbursements.
And the company also launched Utilization and Financial Analytics (UFA) to assist organizations to observe the delivery of care, outcomes and associated financial implications. Comparative analysis can be performed by users for activities run throughout the continuum of care: consumption of inpatient and ED resources, spending and services for targeted conditions, outcomes of post-acute activities and prescribing patterns for drugs.