PQRS updated 45% faster than scheduled saving client millions in potential penalties
The Centers for Medicare and Medicaid (CMS) rules for Physician Quality Reporting System (PQRS) measures were updated and our client needed to implement these changes to avoid penalties and potentially earn incentives for future payment. The penalties associated in the first year of the program were projected to be millions of dollars and compounded in each of the subsequent years. Management Solutions was tasked with building a PQRS registry that would help address these changes.
Management Solutions successfully completed the registry 45% faster than the client’s original schedule. The client was approved as a PQRS Registry with CMS, and Management Solutions identified the key strategies necessary to avoid penalties while targeting specific incentives worth pursuing.