(RTTNews) - Friday, Cerner Corp.
(CERN), a provider of healthcare information technology solutions, said that it was selected by the Centers for Medicare & Medicaid Services, or CMS, as one of six healthcare information technology suppliers to participate in a project that will test information technology solutions to facilitate the submission of Physician Quality Reporting Initiative, or PQRI, measures data gathered from electronic medical records, or EMR.
The company said that the testing project would use the data elements needed for five PQRI measures. The PQRI provides financial incentives to healthcare professionals who report quality data on services provided under the Medicare Physician Fee Schedule.
The submission of data gathered from EMRs may serve as one of several alternative ways eligible professionals choosing to report PQRI measures could submit their quality data if CMS decides to move forward with EMR-based submission in the future.
Cerner said that its Millennium Discern Analytics can be used by clinicians to pull quality reporting data from the EMR to report to CMS. Comparison studies of data gathered from clinical databases and data gathered from claims information found substantial discrepancies between the two types of data. Performance data gathered from EMRs is typically more accurate than claims-based data.
CERN's stock is currently trading at $46.95, up 35 cents or 0.75% on a volume of 249.1 thousand shares.
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