Phreesia Says The Centers for Medicare And Medicaid Services Has Included The Patient Activation Measure In Its Merit-Based Incentive Payment System Starting in 2024
Portfolio Pulse from Benzinga Newsdesk
Phreesia announced that the Centers for Medicare and Medicaid Services (CMS) will include the Patient Activation Measure (PAM) in its Merit-Based Incentive Payment System (MIPS) starting in 2024. This inclusion could potentially benefit healthcare providers using Phreesia's services by allowing them to report on patient engagement and satisfaction, which are key components of PAM, as part of their MIPS scoring.
December 01, 2023 | 11:03 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Phreesia's inclusion of the Patient Activation Measure in CMS's MIPS could lead to increased adoption of its services by healthcare providers seeking to improve their MIPS scores through patient engagement metrics.
The inclusion of the Patient Activation Measure in the MIPS program is directly relevant to Phreesia's offerings, as it may lead to increased demand for their services. Healthcare providers might be more inclined to use Phreesia's platform to track and report patient engagement, which could improve their MIPS scores. This regulatory change is likely to have a positive impact on Phreesia's business in the short term, as it could enhance the company's value proposition to potential and existing customers.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90