Caradigm released enhancements to its product portfolio that it said will help healthcare organizations comply with the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).
The Bellevue, Wash.-based population health management vendor also unveiled bundled payments for value-based programs.
“As the healthcare industry continues to drive a deliberate path toward value-based care, it’s imperative for technology providers to continue to adapt and deliver solutions at a pace that meets the rapidly evolving requirements,” Caradigm CEO Neal Singh said in a statement.
Caradigm released MACRA Activities Library, a large library of quality measures that will be added to its Caradigm Quality Improvement to support MACRA/MIPS Quality category requirements.
Caradigm’s existing products allow users to customize a digital paper trail for attestation to Improvement Activities. With the expanded quality measure library and user-built lists and workflows, organizations can analyze performance on measures for both tracks of the Quality Payment Program: MIPS and advanced Alternative Payment Models.
Caradigm also released several other enhancements.
Care Bundles is a new content package in Caradigm Care Management that supports the identification, management and coordination of patient care in care bundles across multiple settings from enrollment to closure, through directed care pathways.
The company added Content Builder, offering self-service content creation functionality, to Care Management to enable clinical analyst users to create and edit content such as patient assessments without requiring vendor or IT support. This allows customers to rapidly and cost effectively customize and adapt content to their unique needs.
Advanced Computation Engine (ACE), the second enhancement to Quality Improvement, will enable Caradigm to define and deliver additional quality measures. Customers will be able to analyze performance against CMS requirements for MACRA and other programs that are tied to penalties and reimbursements.
And the company introduced Utilization and Financial Analytics (UFA) to help organizations analyze the delivery of care, outcomes and associated financial implications. Users can perform comparative analysis for activities run throughout the continuum of care: spending and services for targeted conditions, consumption of inpatient and ED resources, outcomes of post-acute activities and prescribing patterns for drugs.
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