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TeamPraxis Finishes Strong First Year of National Sales
Date:7/9/2009

al government, and we look forward to even greater success as CQS use increases over the next few years."

Innovative Software Tool Empowers Physicians

TeamPraxis' Clinical Quality Solution product, developed completely in Hawaii, currently automates participation in Medicare's Physician Quality Reporting Initiative (PQRI) and Medicare Advantage's Hierarchical Condition Category (HCC) program, which reward participants with an annual bonus payment (for PQRI) or greater Medicare Advantage reimbursements (for HCC).

The financial benefits of these programs have traditionally been outweighed by the burden of manual participation, which imposes extra demands on a physician's and staff's scarce time through additional paperwork and numerous government forms. The solution is CQS, which facilitates participation by drawing upon data that a physician documents in her EHR, serving the dual purpose of automating participation in an otherwise onerous program as well as encouraging better care and more comprehensive documentation during patient visits.

Moreover, CQS provides physicians with a display of their data at the point of care, alerting them when a patient's measurement scores fall outside of a recommended range. For example, when a diabetic's A1c level is too high, or when a woman is overdue for a mammogram. Actions taken during the visit are then reflected in the physician's pay-for-performance quality scores, not only improving care but also rewarding physicians for their actions. By comparison, many pay-for-performance programs provide physicians with this type of information in an after-the-fact report, which can come months after the patient visit, missing both the opportunity to improve care as well as the financial benefit a physician can enjoy.

TeamPraxis has also significantly benefited from the Obama Administration's emphasis on investing in health information tech
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SOURCE TeamPraxis
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