MIPS

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

OR

OPTION 2:     Perform and report on at least one (1) Improvement Activity

OR

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 

Read more...
 

Executive Summary of the Final MACRA Rule

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Medicare Quality Payment Program Fact Sheet

Click here