Prepare for MACRA and
Avoid MIPS Penalty Payment
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Be ready to attest for the first MIPS Performance Period starting January 2017
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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?
The basics of MACRA/MIPS
President Obama signed into law the Medicare Access and CHIP Reauthorization Act (MACRA) on April 16, 2015.
How will MACRA impact 2017?
MACRA is the Medicare Access and CHIP Reauthorization Act passed by the U.S. Senate on April 4, 2015.
What’s Next for 2017
With all the changes going in healthcare legislation over the past few years, it is easy to get confused.
MACRA + Physician Compliance in 2017
Up until now, providers and practice groups have been worrying about Meaningful Use and using their own certified...