Since no one has time and likely very little inclination to read 808 pages of government documentation on an already burdensome MIPS program, Patient360 has you covered! The following few pages give you a down and dirty summary of what you need to know.
Have you ever wondered: How do I meet the 2019 MIPS Minimum Threshold?
Hmmmmm… what does that even mean: “Minimum Threshold?” Simply put, it is the minimum amount of points a TIN needs to earn in order to avoid the negative payment adjustment in the MIPS program. The good news is, meeting the minimum threshold in 2019, or what we at Patient360 call it- MIPS for Beginners- is really easy to do!
Once again, Patient360 maintains continued, uninterrupted status as both a CMS Qualified Registry (QR) and a CMS Qualified Clinical Data Registry (QCDR.) Why is this status important for MIPS 2019 reporting and beyond, and what does it mean for you? Patient360 is ready for 2019 MIPS reporting, are you?
Now that everyone has had the chance to see their “underwhelming” scores for 2017 MIPS reporting, the industry is gearing up for year three of the MIPS Program.
By now, most of you should have your process down pat and have become practiced at not only the measures that work best for your clinic, but also how to optimally collect relevant data as well as achieve a positive score for your practice. We are getting the hang of things!
The Verdict is in: QPP MIPS Bonus Underwhelms, well, nearly everyone! So, you scored 100 points for your QPP MIPS final score and only received a positive 2.1% payment adjustment, eh? Where is that exceptional bonus anyway? Did anyone get a positive 4% payment adjustment? It seems not.
There are certain Quality MIPS Measures you may want to avoid in 2018, as CMS has determined them to be “topped out” vs. other options. There are nuances to the discussion, but essentially these measures don’t afford maximum points and won’t optimize your score. As such, may make sense to choose other measures expected to have a longer shelf-life with a better opportunity for elevated scoring.
There are Changes to MIPS in 2018 that may impact how you report your data. We will share what's different, and what you need to know for 2018 Merit-based Incentive Payment System (MIPS) in order for you to be successful in your 2018 reporting. Here is some information directly from CMS, but we will also break it down for you.
You know about MIPS by now, but do you know about the CMS Physician Compare site? At Patient360, I have spoken with many clients who decided not to participate in Merit Based Incentive Payment System (MIPS) in 2017, and to “take the hit” so to speak.