The Healthmonix Advisor

Lauren Patrick

Lauren is the founder and president of Healthmonix. She brings a vision of assisting organizations and providers in improving the quality of healthcare through innovative approaches. Lauren has a background as a consultant at Ernst and Young and holds a Master’s Degree in Computer Engineering. She loves to bike and kayak!
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Recent Posts

Diving into the 2020 MIPS Final Rule - Game On!

Posted by Lauren Patrick on December 10, 2019

Over the last month, there’s been a lot of discussion around the 2020 Medicare Final Rule updates for the QPP and MIPS here at Healthmonix and with our partners and clients. While the last three years of the program were about getting healthcare providers up-to-speed with the program, now the focus is on challenging providers to adhere to tougher rules.  High performers will reap significant rewards, others will see increasing downside.

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Healthmonix Announces Partnership Agreement with ChartSpan

Posted by Lauren Patrick on November 25, 2019

 

(Malvern, Pennsylvania) - Healthmonix, the country’s largest provider of quality and MIPS reporting and healthcare data analytics, has announced a national distribution partnership with ChartSpan, the market-leading vendor in chronic care management (CCM) services.

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Topics: Healthmonix

Are You An Only?

Posted by Lauren Patrick on November 11, 2019

When I was in graduate school, I was the only woman in the department of Computer and Electrical Engineering. At my first job, at an engineering company, out of perhaps 300 engineers, there were 3 women. We became close and were recruited to the company volleyball team because it needed to be co-ed in order to compete in the league. I can go on about the myriad of times I was the only woman in a meeting, group, or department.

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Topics: Healthmonix

MIPS 2020 – the good, the bad, and the ugly

Posted by Lauren Patrick on November 2, 2019

The 2020 final rule dropped yesterday and at first glance, there are some interesting highlights.  

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Top Takeaways From The MGMA Annual Conference

Posted by Lauren Patrick on October 29, 2019

 

It felt as if the Medical Group Management Association (MGMA) Annual Conference, which we have attended for years, was smaller this year. The hall was down 10 percent, and the foot traffic was slower. Regardless, we left with plenty of insights into the state of the industry. Here are some of the highlights of what we learned:

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Topics: MACRA & MIPS, Industry insights, ROI

MIPS: It's Time For Your Practice To Level Up.

Posted by Lauren Patrick on September 17, 2019

For many years now, Healthmonix has supported clients who engage with the Merit-based Incentive Payment System (MIPS) on a variety of levels, in terms of the maturity of their process. At the lowest level—let’s call it Level 0—we have clients that come to us because they just want to report and avoid a penalty. Just beyond that, at Level 1, are those clients that seek an incentive.

Now, as we continue to settle into the brave new world of value based payments, we have noticed that our clients at Level 1 are starting to get comfortable. Clearly they are investing time and effort into the process, but with incentives still relatively small, MIPS can unfortunately seem more like an annoyance than an opportunity, and it can be hard to see beyond the immediate requirements.

But we’re thinking bigger, and we want you to do the same.

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Counterpoint: The Perils of Blockchain

Posted by Lauren Patrick on July 3, 2019

In last week’s blog, Point: The Promise of Blockchain, we discussed some of the exciting features of blockchain technology as it begins to take hold of the healthcare IT field. This week, we’re looking at the other side of the coin by outlining some of the pitfalls related to this technology.

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Topics: Interoperability, Industry insights

Point: The Promise of Blockchain

Posted by Lauren Patrick on June 28, 2019

Blockchain. It’s one of the biggest buzzwords in the Health IT industry today⁠—and no wonder, because it seems to be an extremely promising technology, one that we've been keeping our eyes on for a few years now. Still, as cool as it seems, we have a long way to go. That’s why in this pair of blogs, we’re going to look closely first at the possibilities, and then at the hazards, that go hand in hand with this exciting trend.

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Topics: Interoperability, Industry insights

Insights From HIMSS 2019: The State of The Industry

Posted by Lauren Patrick on February 21, 2019
With 45,000+ attendees, 300+ sessions, 1,300+ vendors, and hundreds of other programs and networking events, HIMSS is a seminal event in healthcare technology each year. In today’s blog, we’re focusing on some of the most important themes we noticed at this year’s conference.
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Topics: Interoperability, Industry insights, Health IT

Have You Heard Of Patient Relationship Codes? They May Soon Impact Your Bottom Line.

Posted by Lauren Patrick on January 18, 2019

A recent perspective article in the New England Journal of Medicine begins with a bold claim: that patient relationship categories and billing-code modifiers, which clinicians have been able to voluntarily submit since January 1, 2018, “may be one of the least known but most important provisions of the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA).” In today’s blog we’ll explore how patient relationship codes may, as the article predicts, end up impacting reimbursement.

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Topics: MACRA & MIPS, Policy, Cost Performance Category