APS reported to the 2017 MIPS (Merit-Based Incentive Payment System) program on behalf of approximately 700 clinicians and we’re happy to report that all met, or exceeded, the program requirements to avoid a negative payment adjustment in its inaugural year. Even better, many of our clients earned a perfect score of 100%, earning them the top positive payment adjustment available for the performance year. Our clients benefitted from the data-mining capabilities of our contracted MIPS qualified registry to ensure they received maximum incentive for their level of participation in the first year of the program. Great job to all of the clinicians who have risen to the challenge of MIPS and succeeded through their efforts.
Since our seamless transition to APS one year ago, we have significantly increased our monthly collections, decreased the delay in processing claims, and less time is spent in accounts receivable.