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…