As the holiday season approaches and 2024 draws to a close, the stakes for MIPS participants have never been higher. Now is the time to make your list, check it twice, and ensure your practice stays off the penalty "naughty list."
MIPS 2024 Promoting Interoperability: The Unchartered Territory
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 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.