Quality Payment Program performance data for 2017 will be publicly available on Physician Compare website in early 2019 to help the Medicare beneficiaries and caregivers make informed decisions, and to encourage clinicians to deliver quality care. With that, MIPS score and its impact on reputation will begin to get very real. This data will serve as the MIPS report card for all providers participating in QPP (MIPS, APMs). So, it would be best to understand what data would be published on Physician Compare, in what format, and for whom.
The moment of truth is drawing near. According to CMS, the first MIPS performance feedback reports will be available shortly in July, and will provide the 2017 final MIPS score and the MIPS payment adjustment applicable to the eligible clinicians beginning Jan 1, 2019. Learn how to get ready for reviewing your report and how to go about requesting a Targeted Review in case you find any discrepancy in your report.
The transition year of MIPS is drawing to a close. Soon it will be submission time and time to get ready for the new performance year 2018. As we stand at the threshold of 2018, I want to give you three good reasons to give your MIPS score one last push.
“As you sow, so shall you reap” is an adage we are all familiar with. This ancient wisdom holds true for MIPS too. MIPS performance in 2017 will determine the payment adjustments in 2019. Furthermore, MIPS score will be linked to provider NPI and follow the providers even if they change groups or switch their reporting preferences.
If your practice has made a calculated decision to pick the “Test Pace” to just avoid the penalty, you have the option to submit the 2017 MIPS data for any one of three performance categories of your choosing – ACI, Quality, or IA.
Even as the first year of MIPS winds down, complains about how complicated MIPS is, continue to dominate the news. So, we are going to take a step back and compare MIPS submissions with submission to CMS under the previous programs, and help you see how it is not as complicated as you thought.
The tale of 90 days of MIPS reporting has been told and retold many times, and like it is with most tales, it has many versions. Unlike most tales, where you can enjoy any version of your liking, the key facts in this tale have long-term implications for healthcare providers and organizations, both in terms of money and reputation. So, please read carefully.
Did it cross your mind that what would be the point of doing all the work getting ready for MIPS when CMS is offering “Pick Your Pace Options”? If it did, you are not alone. But, do you understand how much incentive money you would be giving up by using the One Patient, One Measure option?
The last 90 continuous day performance period to report on MIPS, October 2, 2017, is just around the corner. If you haven’t already started with preparation for MIPS, the 2016 Quality and Resource Use Reports (QRUR), which were released yesterday, can serve as a good starting point. Let’s take a look at how you can leverage the 2015 and 2016 QRURs to jump-start your MIPS readiness
The sailing season is upon us. MACRA came into effect on Jan 1st 2017, and in the blink of an eye, we are in the second quarter already. It's high time that you unmoor your MIPS boat and go sailing if you intend to conquer MACRA waters.