Medicare Update: Act Now to Avoid a Medicare Penalty in 2019
Psychiatrists who treat Medicare Part B patients and who do not qualify for a 2017 exclusion have less than 2 months to participate in MIPS during 2017 to avoid a penalty in 2019. The Merit-Based Incentive Payment System (MIPS) is the new Medicare Quality Payment Program that consolidates all pre-existing quality programs, including PQRS, the Medicare EHR Incentive Program and the Value-Based Modifier.
