IPPN provides a turnkey solution for participants in the IPPN Collaborative Practice Agreement that delegates responsibilities, delivers software solutions, contracting and billing solutions for all parties to the Agreement. Licensed Healthcare Providers should consider joining a Collaborative Practice Agreement (CPA) thought the IPPN for several key reasons:

Expanded Scope of Care through the IPPN collaboration

  • Enhanced Patient Care: By collaborating with pharmacists, or other healthcare providers, Licensed Healthcare Providers can offer more comprehensive care to patients, improving health outcomes.
  • Access to Expertise: Pharmacists, for instance, bring specialized knowledge in medication management, which can be vital in managing chronic conditions or complex treatment regimens.

Increased Revenue through the IPPN CPA

  • Incident to Billing: This allows the Licensed Healthcare Providers to bill Medicare and other insurers for services provided by non-Licensed Healthcare Providers practitioners (NPPs) under their supervision and receive payments under the collaborative practice agreement. This can significantly boost the revenue stream without adding the burden of more direct patient care on the Licensed Healthcare Providers.
  • Efficient Practice Management: NPPs can manage routine care and follow-up visits, freeing up the Licensed Healthcare Provider's time to focus on more complex cases, which can lead to better utilization of the Licensed Healthcare Provider’s expertise and more efficient use of practice resources.

Improved Patient Access and Satisfaction

  • Increased Availability: With a team-based approach, patients can access care more quickly, reducing wait times for appointments and improving patient satisfaction.
  • Continuity of Care: Collaborative practice agreements ensure that patients receive consistent care across different providers, which can lead to better adherence to treatment plans and improved outcomes.

Regulatory and Compliance Benefits

  • Adherence to Quality Standards: Collaborative Practice Agreements often align with state and federal regulations, including quality initiatives and value-based care models. This can help practices meet compliance requirements while also enhancing care delivery. Licensed Healthcare Providers set the care plan or treatment plan for each patient.
  • Care Plan development and assignment of specific tasks and authorized functions under the Collaborative Practice Agreement, for example Pharmacists may be authorized to:
    • See patients for conditions first assessed by a Licensed Healthcare Providers.
    • Modify existing therapy for disease states as defined in the agreement for each patient and medications specified in the Collaborative Practice Agreement or Patient specific Care Plan protocol.
    • Initiate new therapy for drugs limited to those in the Care Plan protocol.
    • Engage with patients and manage drugs limited to those in the protocol, as specified in the CPA agreement and documented in the IPPN application.
    • Pharmacists may perform physical assessments, order laboratory tests, interpret laboratory tests, and perform laboratory tests. These functions may be listed in the IPPN Collaborative Practice Agreement as allowed.
  • Risk Mitigation: Working in collaboration with other providers can distribute the responsibility of care, potentially reducing the legal and financial risks associated with solo practice.

Professional Development

  • Interprofessional Collaboration: CPAs foster a team-based approach to healthcare, promoting professional growth and learning from peers in different healthcare disciplines.
  • Leadership Opportunities: Licensed Healthcare Providers can take on leadership roles within these collaborative models, guiding the development of care protocols and ensuring high standards of patient care through the deployment of IPPN software and care planning protocols.

Alignment with Value-Based Care

  • Focus on Outcomes: Collaborative Practice Agreements often support value-based care initiatives, where compensation is tied to patient outcomes rather than the volume of services provided. This alignment can position a practice for future healthcare models and payment structures.

Community Impact with the IPPN collaboration with local community Pharmacists under the IPPN Collaborative Practice Agreement

  • Broader Reach: Through the IPPN collaborative agreements, Licensed Healthcare Providers can extend their impact on community health, addressing population health issues more effectively and contributing to overall community wellness. In summary, joining an IPPN Collaborative Practice Agreement with your local Pharmacist and agreeing to "incident to" billing which is part of the collaborative Practice Agreement allows Licensed Healthcare Providers to enhance patient care, increase revenue, improve practice efficiency, and align with modern healthcare models, all while fostering professional growth and community impact.
  • IPPN provides the Collaborative Practice Agreement and support services along with the application for encounter documentation or integrations, care plan development, notifications along with revenue cycle management services and patient acquisition and maintenance for ongoing support.