IMPORTANT CLARIFICATION TO 11/28/16 WEBINAR ON THE MEDICARE MERIT-BASED INCENTIVE PAYMENT SYSTEM (MIPS)
Due to additional information received, we would like to clarify how clinicians can participate in MIPS reporting in 2017 in order to avoid a penalty in 2019.
In 2017, MIPS eligible clinicians may avoid a penalty by selecting ONE of the following three options during calendar year 2017:
OPTION 1: Perform and report on at least one (1) Quality Measure
OPTION 2: Perform and report on at least one (1) Improvement Activity
OPTION 3: Report on all five (5) Advancing Care Information Base Score Measures (requires adoption and meaningful use of an EHR)
As a result, psychiatrists who have not adopted an electronic health record will still be able to avoid a penalty in 2019 by reporting at least 1 quality measure or at least 1 improvement activity during calendar year 2017.
Any psychiatrist who qualifies for the low volume threshold exclusion for 2017 will automatically avoid a penalty in 2019 and will not be required to participate in any MIPS reporting in 2017.
The Merit-Based Incentive Payment System (MIPS) Webinar Presenter: Rachel Fernbach, Esq. Webinar Date: November 28, 2016