Navigating the Merit-Based Incentive Payment System (MIPS) has always been challenging, but 2024 is set to push even the most experienced participants to their limits. With its eighth year comes a new wave of stringent requirements, turning an already complex process into uncharted territory even for MIPS veterans and novices alike. However, these new frontiers don’t have to be intimidating. We're here to help you navigate MIPS 2024 and let you know where the dragons are so you can avoid them. In this blog, we focus on the Promoting Interoperability (PI) category.
MIPS Reboot: 7 Steps to Revitalize Your Approach
If you are a Merit-based Incentive Payment System (MIPS) eligible provider who took a few years off from MIPS between 2019 to 2023, this blog is for you. Whether it was COVID-19 or other Extreme and Uncontrollable Circumstances (EUC), returning to MIPS could be significantly challenging after a hiatus. In this post, we'll explore why it can be advantageous to participate in MIPS and strategies for returning to the program.
‘Twas the Night Before MIPSmas
Before we put MIPS 2021 to bed for the year, better pay attention to this cautionary tale, or you can end up on CMS’s naughty list despite having been nice all year long. This is a tale of misinformation and confusion that involves two issues impacting your Promoting Interoperability category score and hence your MIPS score.
MIPS 2022: A Steep Climb Just to Avoid Penalty
MIPS 2022 “Final” Rule was issued by CMS on November 2, 2021. The Rule includes substantive revisions to the current MIPS program and information on the new MIPS Value Pathways (MVPs). After reviewing the MIPS 2022 Final Rule, we can say that 2022 will be a year where the guidance of a MIPS expert will be needed more than ever. Let us give you the lay of this modified MIPS land and point at the most significant upcoming changes for MIPS 2022 so you can get a headstart on your MIPS 2022 success strategy.
MIPS 2021: MIPS Reporting During the Pandemic
MIPS 2021 Proposed Rule: The Road Ahead
CMS released the MIPS 2021 Proposed Rule pertaining to the requirement on August 3rd, 2020. As with the 2019 MIPS Performance Year, the COVID-19 crisis has figured into CMS decision making on what to include in the MIPS 2021 performance year. However, it is evident from the proposed rule that the MIPS program is not going away and will maintain significant negative payment adjustments for non-participation. This blog summarizes the proposed rule for MIPS which is subject to change at time of the final release.
MIPS 2020 - Applying Lessons Learned from COVID-19
CMS is taking action regarding MIPS 2020 by offering COVID-19 related relaxation and adjustment. These announcements are trickling in slowly. The latest update was released yesterday on Jun 24, 2020. There might be additional tweaks and retroactive adjustments that are announced later in the year, but reading between the lines, it is evident that MIPS will go on. The latest update was released yesterday on Jun 24, 2020. There might be additional tweaks and retroactive adjustments that are announced later in the year, but reading between the lines, it is evident that MIPS will go on. We witnessed up and close how different provider organizations handled MIPS 2019 submissions during COVID-19 pandemic ranging from single providers to multi-specialty, multi-location practices . Some organizations handled the crisis better than the others. In this blog we have distilled the lessons learned from these provider organizations into 10 things they did right.
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5 Tips to Select a MIPS Registry
Even though we are in the final stages of putting closure to the 2019 MIPS Performance Year, we do want to make sure you have your 2020 Performance Year plan in place. If you wait, you will be late. Here are some tips to help you select a Qualified Registry that offers the best opportunity for your organization to minimize MIPS reporting burden while maximizing the MIPS scores.