Forgetting to Review Before Submission: What You Should Know

As a professional, you understand the importance of meticulousness, especially in tasks like submitting your MIPS (Merit-based Incentive Payment System). Without proper review, you risk making errors that can affect your performance scores and, subsequently, your reimbursements.  In various fields, from healthcare to business, data submission accuracy is crucial. It influences decision-making, funding, and compliance with regulations. In the context…

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Delaying MIPS Reporting: Consequence and Improvements

MIPS (Merit-Based Incentive Payment System) measures and rewards performance in the healthcare setting. This system impacts reimbursement rates and influences patient care quality.  It has specific reporting requirements where there are set timelines for submission. You must be aware of these since timely submission ensures compliance that maximizes potential benefits.  Delaying MIPS reporting carries significant consequences, like reduced reimbursements. Patient…

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Are you ready for MVPs?

The MIPS Value Pathways (MVP) Program Originally presented as part of the 2020 Final Rule, the MIPS Value Pathways (MVP) program continues to receive significant attention as it evolves. MVPs will be officially launched in 2023 and require providers to report on a smaller set of measures. Theoretically, by limiting the volume of measures, CMS will be able to effect…

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ACO/APP reporting and QRDAIII

As we approach the MIPS 2022 reporting deadline, new information about the APP rollout and data integration has become apparent, especially concerning data completeness requirements and QRDA III file types. We know from CMS that QRDA is defined as: The Quality Reporting Document Architecture (QRDA) is the data submission standard used for various quality measurement and reporting initiatives. QRDA creates…

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The QPP 2021 Final Rule: What you need to know!

The 2021 Quality Payment Program Final Rule has been released! This is a typically governmental dense read, so if you prefer “cheat sheets,” there are some useful resources available which make comparisons and have tables conveying basic updates to be well prepared for the 2021 Quality Payment Program. In short, 2021 brings mostly what was expected with MIPS requirements being…

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