FOR IMMEDIATE RELEASE:
NJHA Healthcare Business Solutions Partners with SpectraMedix for MACRA
eMeasures360™ guides hospital and their eligible clinicians through the entire process of implementing MIPS and Advanced APMs
East Windsor, NJ — February 22, 2018 — NJHA Healthcare Business Solutions, an affiliate of the New Jersey Hospital Association, has selected SpectraMedix as its Medicare Access and CHIP Reauthorization Act (MACRA) Quality Payment Program (QPP) solution partner for its members. SpectraMedix was selected due to its on-going success in delivering Medicare reporting solutions to hospitals and large providers.
“Implementing MACRA is a key component in our members’ transition to value-based care,” said Tim Keough, MPA, RHIA, FAHIMA, Vice President, Health Information Services, NJHA-HBS. “We chose SpectraMedix based on their experience combining clinical and billing data across health systems to power quality improvement initiatives, the capabilities of their platform, and the expertise of their MIPS team.”
SpectraMedix’s cloud-based systems are able to aggregate and normalize data from a wide array of sources, and provide custom dashboards, queries and interfaces in formats that work best for each client. Key benefits of eMeasures360™ include:
- QCDR, Qualified Registry and ONC Certified eCQM reporting capabilities
- The ability to satisfy all MIPS categories and all 243 registry-based MIPS measures
- Systems to extract and harmonize claims, clinical, survey and self-reported data
- A validation process for MIPS measure calculation
- Near real-time performance tracking to monitor and improve scores on a regular basis
- CMS and commercial payer value-based care programs in one platform
In addition to NJHA-HBS’s recent partnership, the SpectraMedix MACRA Solution is endorsed by HANYS Solutions, a subsidiary of the Healthcare Association of New York State and HealthCurve Analytics, a subsidiary of the Missouri Hospital Association. The company’s population health platform is also used by 20 percent of New York State’s Performing Provider Systems in implementing the DSRIP Medicaid Transformation program across their regions.
Raj Lakhanpal, MD, Chief Executive Officer of SpectraMedix said, “We are proud to have been selected by NJHA-HBA to support New Jersey hospitals in their transition to MACRA. Our comprehensive experience in transforming data into actionable intelligence is key to providers’ ability to implement value-based payment programs.” Dr. Lakhanpal also noted, “As commercial payers introduce their own value-based payment policies, it is more important than ever that providers understand where they are on the reporting and payment spectrum.”
SpectraMedix partners with hospitals, health systems, provider organizations, health information exchanges and payers to improve care delivery and support their transition to value-based payment models. Our proven eMeasures360™ quality management and eureQa360™ population health intelligence solutions provide advanced data integration, quality measurement and population health analytics capabilities to implement MACRA, Medicaid Reform programs, Clinically Integrated Networks, ACOs, financial risk modeling, bundled payment programs and electronic clinical quality measures.
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