Introduction:

Imagine a 9% Cut in Your Medicare Payments—that's what clinics face if they fail to accurately report under MIPS in 2024. And the fallout doesn't end with financial losses. Public MIPS scores can damage reputations, costing clinics patient trust and valuable partnerships. FYZICAL Therapy & Balance Centers - Lake Forest, led by founder Justin Festler, was on the brink of such risks. An outdated system hindered their MIPS management, leaving them struggling to keep up with the demands of Medicare's value-based care requirements.

Before SPRY: Outdated Technology Threatened Compliance

"We were spending weeks on manual reporting with Systems4PT, and still weren’t confident the data was accurate," said Justin.

FYZICAL Therapy & Balance Centers - Lake Forest was grappling with outdated technology that made managing MIPS reporting an uphill battle. Their legacy system couldn’t keep up with CMS’s stringent demands, leading to inefficiencies that impacted compliance and productivity.

• Frequent Reporting Errors: The system’s lack of integration with CMS standards led to inaccuracies in MIPS data, which risked costly penalties.
• No Automation: With no automation in place, tracking Quality, Cost, and Improvement Activities was slow, prone to mistakes, and took valuable time away from patient care.
• Operational Strain: Administrative staff were overwhelmed by the time-consuming process of managing MIPS manually, while the clinic struggled to stay compliant with new CMS guidelines.

After SPRY: Streamlined, Automated MIPS Reporting

"SPRY’s automation cut our reporting time from weeks to just a few clicks," said Justin.

SPRY streamlined FYZICAL Lake Forest’s MIPS reporting process, transforming a complex, manual task into a smooth, automated workflow:

• Automated Data Capture: SPRY automatically gathers critical MIPS data from SOAP notes, reducing manual entry and minimizing errors.

• Improved Compliance: With alerts and data validation, SPRY helped the clinic stay ahead of compliance requirements, avoiding penalties.

Key Outcomes:

SPRY’s automated MIPS reporting solution significantly improved both accuracy and compliance for FYZICAL Lake Forest, while also protecting the clinic’s reputation and financial standing.

• 95% Reduction in Reporting Errors: With automated data capture, nearly all errors were eliminated, ensuring accurate MIPS submissions.
• 20+ Hours Saved Weekly: Automation freed up significant time for staff, enabling them to focus on patient care rather than tedious reporting tasks.

Reputation Safeguard: With SPRY, the clinic stays clear of MIPS submission errors, safeguarding its reputation with Medicare payers, patients, and referral sources.

Conclusion:

SPRY’s comprehensive MIPS support has streamlined FYZICAL Lake Forest’s reporting process, eliminating the risk of incorrect submissions, saving valuable time, and safeguarding their financial standing. By maintaining compliance and optimizing operational efficiency, FYZICAL is well-positioned for long-term success and focused on delivering high-quality care.