Congratulations to our practices who have completed the 2017 MIPS Reporting Year!
Did you know 2018 MIPS Reporting Year is significantly more difficult?
You‘re probably hoping you will be exempt from MIPS as the low-volume threshold went up. But if you are eligible for MIPS...
- 1
Payment adjustment increases to +/-5%. If your practice bills $1,000,000 in Medicare, that could result in either $50,000 bonus or penalty in 2020.
- 2
In 2018, for small practices that have 15 or fewer ECs, CMS automatically awards qualified practices a bonus of up to 5 points.
- 3
With physicians’ Final Scores being available to all potential patients to see, by reporting minimum MIPS data, you risk damaging your reputation come 2019. Patients can use this to decide who they choose for their healthcare.
These are just a few of the changes in 2018. Are you prepared? It’s urgent to start now before it’s too late.
Get credit for what you do. As always, we’re here to help you streamline your MIPS data collection and submission so that you can focus on the business of caring for your patients.