PRINCETON, N.J.--(BUSINESS WIRE)--CitiusTech, a leading provider of healthcare technology services and solutions, today received the 2019 Innovators Award in the Value-Based Care category for its BI-Clinical RMM (BIC-RMM) solution. For more than a decade, Healthcare Innovation has honored those on the forefront of healthcare IT innovation with its Innovators Awards.
As the industry continues the transition towards value-based care, there is an increasing need for organizations to measure and report clinical quality metrics. One of the key challenges facing providers and payers today is tracking hundreds of these complex and ever-changing clinical quality measures (CQMs) and KPIs. BIC-RMM enables healthcare organizations to build, edit and manage multiple rule types - CQMs, alerts, cohorts - with an easy-to-use, do-it-yourself interface without any dependency on IT/technical teams.
“Regulatory requirements are overwhelming in themselves, but additional contractual and value-based payments are forcing payers and providers to extend their quality strategy,” says Jeffrey Springer, SVP of Healthcare Solutions at CitiusTech. “With BIC-RMM, healthcare organizations now have the ability to build a comprehensive quality strategy with the flexibility to manage all of their quality rules through a unified solution.”
BIC-RMM has been adopted by several large health systems and leading health plans to manage their quality initiatives and lower turnaround time for building and deploying quality measures by up to 40 percent and improve efficiency by up to 60 percent. By leveraging the BIC-RMM solution, these organizations are better positioned to drive their quality initiatives and value-based care programs.
A core strength of BIC-RMM is its ability to support major regulatory programs including NCQA and CMS. It also simplifies rules management by providing 900+ pre-built CQMs and KPIs (including MIPS / MACRA, HEDIS®, QCDR) as well as custom quality measures.
*HEDIS is a registered trademark of the National Committee for Quality Assurance (NCQA).
CitiusTech (www.citiustech.com) is a specialist provider of healthcare technology services and solutions to medical technology companies, providers, payers and life sciences organizations, with over 3,500 professionals worldwide. CitiusTech’s services and solutions include healthcare software development, healthcare interoperability, regulatory compliance, BI/analytics, consumer engagement, care coordination and population health management. CitiusTech helps customers accelerate innovation in healthcare through solutions and accelerators for clinical quality reporting, healthcare big data, cloud computing, mobile health and predictive analytics. With cutting-edge technology expertise, world-class service quality and a global resource base, CitiusTech consistently delivers best-in-class solutions and an unmatched cost advantage to healthcare clients worldwide.