NuVasive Inc. (NSDQ:NUVA) said yesterday that it submitted its SpineTrack registry quality performance data to the Centers of Medicare & Medicaid Services.
The data was submitted on behalf of healthcare providers at Southern Oregon Neurosurgical & Spine Associates (SONSA) for CMS’s merit-based incentive payment system, the San Diego-based company said.
As a result of the submittal, SONSA providers are now eligible for a positive adjustment of up to 7% on all medicare reimbursements for the 2020 payment year, NuVasive said.
“SpineTrack is an integral part of our practice, and we are very pleased with our decision to utilize this platform. The ability to visually display outcomes for patients has been extremely helpful when discussing a patient’s options for surgery. Additionally, analyzing the patient-reported data helps me and my colleagues to become better spine surgeons,” Dr. Matthew Miller of Medford, Ore.-based SONSA said in prepared remarks.
NuVasive claims that the SpineTrack is the longest-running outcomes registry offered by any spine company, and touted that it provides “comprehensive and collaborative data collection solutions for individual healthcare providers and large health systems.”
Since its launch in 2011, the SpineTrack registry has more than 14,000 patients with 20 spinal procedures represented. Data collected in the registry has supported more than 25 peer-reviewed papers, NuVasive said.
“The SpineTrack Registry is a differentiated platform that meets CMS quality reporting requirements solely through patient-reported outcomes, alleviating healthcare providers from additional administrative requirements seen in more common reporting measures. As the U.S. healthcare system moves more towards a pay-for-performance model, patient data like what is being collected in SpineTRACK will be vital for providers and health systems to continue improving care delivery,” clinical affairs director Rebecca Smith said in a press release.
Earlier this month, NuVasive saw its shares stay steady after the medical device maker posted first quarter 2019 earnings that beat expectations on Wall Street.