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

Did Bitcoin Pioneer the Future of Healthcare?

Posted by Lauren Patrick on January 26, 2017

Nearly 90 percent of healthcare organizations suffer data breaches according to the Ponemon Institute. [1] The level of data breaches is predicted to continue to grow.[4] What if there was a technology to better encrypt our health data, while also providing improved access to comprehensive health data for a patient? The quality of healthcare would rise, patient satisfaction would increase by leaps and bounds and costs would likely fall.  Sound idylic?

 

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Topics: Interoperability, Industry insights, Health IT

Trumpcare?

Posted by Lauren Patrick on January 19, 2017

Medicare for all?

"We’re going to have insurance for everybody,” President-elect Donald Trump told the Washington Post in an interview over the weekend.  "I don’t want single-payer. What I do want is to be able to take care of people.”  So while we hear of Affordable Care Act (ACA, sometimes called Obamacare) repeal during the first 100 days of the administration, it sounds as if new programs must be quickly in the works to meet his mandate. “ The Congress can’t get cold feet because the people will not let that happen,” Trump continued, giving further emphasis to his push (and probably tweets) behind this initiative.

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Topics: Policy

Happy New Year – And it will be a NEW year!!!

Posted by Lauren Patrick on January 5, 2017

As I sit in my office, I hear the Christmas decorations coming down.  There is comfort in the known passing of the seasons and excitement at Healthmonix as we move into MIPS for 2017.  Our new platform for MIPS is ready for launch.  We are excited to see our efforts pay off for healthcare.

While the national election means that the Affordable Care Act will likely be changed, MACRA was passed with wide bipartisan support so will likely be staying in place. We at Healthmonix don’t believe the change in administration will affect the underlying efforts to transition to value-based care, either for MIPS or any other initiatives that we currently support.  The triple aim (better care, lower cost, better patient experience) is still at the heart of what we do.    

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Topics: Healthmonix

Bundled Payments: Part III

Posted by Lauren Patrick on November 17, 2016



In past weeks, we’ve looked at some reasons why bundled payments are taking off, and investigated a few specific CMS bundled payment initiatives happening now and in the near future. This week we’ve put together a list of three steps you can take right now to make bundled payments work for you and your practice.

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Topics: PRO Tips, Bundled Payments, MACRA & MIPS

Advancing Care Information in the Quality Payment Program Final Rule

Posted by Lauren Patrick on November 17, 2016

The MACRA Quality Payment Program final rule, released Oct. 14, finalizes the payment programs for physicians under MACRA’s Advanced Alternative Payment Models (APMs) and the Merit-Based Incentive Payment System (MIPS), beginning January 1, 2017. 

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Topics: MACRA & MIPS, Policy, ACI Performance Category

Bundled Payments Part II

Posted by Lauren Patrick on November 3, 2016

Recently, we highlighted one of the fastest growing types of initiatives for improving the delivery of value-based care--the bundled payment model--and offered some popular opinions about why it is taking off. This week we’ll dive into some specific bundled payment initiatives past and present.

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Topics: Bundled Payments, Policy

Fundamentals of Bundled Payments

Posted by Lauren Patrick on October 12, 2016

In recent years, the medical industry has seen a host of initiatives for improving the delivery of value-based care, but perhaps the fastest growing of these is the bundled payment model.  CMS has received both praise and criticism for their enthusiastic approach to bundles, but regardless, payment models are clearly changing and providers must stay informed if they want to reap the benefits of these changes.

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Topics: Bundled Payments, MACRA & MIPS

MIPS Performance Category Exemptions

Posted by Lauren Patrick on October 6, 2016

Recently, we discussed how otherwise eligible clinicians could be exempted from the entire MIPS program. However, under the individual performance categories for MIPS (Quality, Advancing Care Information, Resource Use, and Clinical Practice Improvement Activities), there are some special circumstances that will allow for a partial exemption. 

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Topics: MACRA & MIPS, Policy, Eligibility

MIPS Eligibility and Exemptions

Posted by Lauren Patrick on October 4, 2016

After hosting our first ever MIPS webinar, we found that the majority of the questions being asked surrounded MIPS eligibility. In particular, the low-volume threshold was of interest. Since this is a topic we have yet to fully delve into, we decided that we should do so now!

Compared to the current CMS quality initiatives, the pool of eligible clinicians (formerly called eligible providers) will be shrinking significantly for the 2017 performance year. However, any clinician that bills Medicare Part B can practice reporting for MIPS in 2017. Considering that by 2019, when the pool of eligible clinicians will expand, the MIPS payment adjustment will be up to 9%, it is likely wise to report even if you are not an eligible clinician in 2017.

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Topics: MACRA & MIPS, Policy, Eligibility

AMEE 2016 : Do We Want Competent or Excellent Doctors?

Posted by Lauren Patrick on September 27, 2016

Evolving Medical Education is not Without Controversy

Competency Based Medical Education (CBME) Is clearly an area of discussion and controversy worldwide. Medical education is in the middle of a paradigm shift from the old style of medical education, referred to as “Structure/Process” education, initiated in 1910, to CBME. To learn about CBME, a good starting point is AM Rounds. During the AMEE conference, some cynical delegates stated that ‘Competency Based Medical Education’ (CBME) could be misinterpreted as ‘Checklist Based Measurable Education’.

Nevertheless, the paradigm shift is well underway and one aspect of evaluation is the discussion of levels of competency as they align with the physician’s career and practice of medicine.



At AMEE, the question was posed as “do you want to be treated by a competent doctor or an excellent doctor?” Clearly the level of competency needs to be set a particular level and may take some learners longer to achieve than others.

There was a tension across medical educators and at the conference between the idea of "striving for excellence" versus "aiming competence." Pose yourself the following question: Which one of these ‘competent‘ pilots do you want to land the plane?

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Topics: Industry insights