MIPS Essentials: What Healthcare Professionals Must Know
The Merit-based Incentive Payment System (MIPS) is an essential component of the Medicare Access and CHIP Reauthorization Act of 2015, designed to revolutionize healthcare by incentivizing quality and cost-efficient care. Understanding MIPS is crucial for healthcare professionals as it impacts Medicare reimbursements and dictates the quality of care provided. This article delves into the essentials of MIPS, providing healthcare professionals…