MACRA Final Rule 2018 was published back in Nov 2017, but the Bipartisan Budget Act of 2018 that was signed on Feb 9th, 2018 changed certain provisions related to the Cost Category for MIPS 2018 performance year. Cost performance category would still have a 10% weight in calculation of the final MIPS score in 2018, but there are some changes related to performance improvement in the Cost category.
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
Decision of determining the winning combination of submission method and quality measures is a tough one. For 2017 and 2018 MIPS performance years, only one submission method is available per performance category. Evaluate the available options and pick that submission method very carefully.
The Registry submission method (Qualified registries + QCDRs), has more Quality measures available for reporting than all the other submission methods. Despite that, it would be wise to compare and contrast it with EHR submission method to ensure you get the highest score for your effort and earn the end-to-end reporting bonus.