Covisint Helps Intermountain Submit Reports, Receive Nearly $1M in Incentive Payments
DETROIT -- The Covisint subsidiary of Detroit-based Compuware Corp. (Nasdaq:CPWR) announced that it is helping Intermountain Healthcare, a nonprofit health system based in Salt Lake City, to earn nearly $1 million in incentives granted by the Centers for Medicare and Medicaid for a physician quality reporting system.
"Quality of patient care is very important to us, and Covisint enabled us to submit our data to CMS on time," said Mike Weed, CFO for the Intermountain Medical Group. "We submitted PQRS data through Covisint to validate the quality of care we deliver, and the large incentive we've received only serves to validate how well we've delivered on that promise. Covisint has been an outstanding partner, listening to us, helping us engage system-wide and delivering on our needs."
Intermountain, according to the trade publication Modern Healthcare, ranks fourth among the nation's top 100 healthcare systems and is consistently ranked nationally as one of the nation's leading systems. Covisint processed already existing information on more than 700 Intermountain healthcare providers in this system-wide PQRS quality and reimbursement effort.
Covisint, which has led the nation for two years in helping healthcare providers and systems obtain these incentives, is accepting 2012 PQRS submissions at www.covisint.com/web/guest/healthcare/docsitepqri. The PQRS process enables physicians, physician practices and large healthcare systems to qualify for financial incentives by easily submitting specific quality data on Medicare Part B fee-for-service patients. Covisint also helps physician and care provider customers obtain incentives for so-called "meaningful use" of technology via the Covisint DocSite system.
"Technology works best when it serves the greatest good; in this case, helping Intermountain document its delivery of the best patient care possible while also helping it receive a nice reimbursement," said David McGuffie, Covisint president and COO. "Covisint took Intermountain's existing data, analyzed it and -- without disrupting workflows -- made the PQRS submission process easy, effective and efficient."
Intermountain has 22 hospitals, with more than 800 physicians in the Intermountain Medical Group, a broad range of clinics and services and health insurance plans from SelectHealth. Intermountain serves the healthcare needs of Utah and southeastern Idaho residents with a mission to provide clinically excellent medical care at affordable rates in a healing environment that's as close to home as possible.
Covisint, a Compuware company, enables information ecosystems that quickly revolutionize organizations by providing secure communication and collaboration between people and systems in remarkably simple ways. The Covisint ExchangeLink platform provides industry-specific services for identity management, collaborative portals and data exchange, as well as a third-party application marketplace. Learn more at www.covsint.com.
