Prepare for MACRA and
Avoid MIPS Penalty Payment
by Partnering with drchrono
drchrono will be certified for MU Stage 3 and will help our users comply with MIPS/MACRA.
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What is MIPS?
The Merit-Based Incentive Payment System (MIPS) will have it's first performance year starting on January 1, 2017. This means your practice will begin a 2 year performance test measuring your practice's eligible professionals (EPs) and giving them a “MIPS score” between 0 and 100. Going forward from 2019 this impacts an individual provider’s Medicare reimbursement by increasing reimbursement by 27% or decreasing it by 9%. About 90% of Eligible Professionals (EPs) will qualify of the MIPS track and APMs are still in experimentation.
MIPS ties in previous initiatives (MU,PQRS,VBM) into weighted categories to provide this score :
15%Clinical Practice Improvement
Want to Learn More?
MACRA + Physician Compliance in 2017
Up until now, providers and practice groups have been worrying about Meaningful Use and using their own certified...