How can practices boost their MIPS Score?
For 2019, CMS has increased the performance threshold from 15 to 30 points.
The CMS is also going to include a new scoring method for a smaller set of objectives, it will also include the performance and bonus methodology that CMS currently uses:
MIPS Score
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MIPS Score
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CMS is going to distribute $500 million in exceptional performance bonuses to providers with the highest MIPS scores.
Earning a minimum of 15 MIPS points will ensure the avoidance of any penalties in 2020.
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In addition to reporting multiple MIPS categories, providers can also collect MIPS bonus points.
+2 bonus points can be achieved for each additional outcome measure and +1 bonus point can be for each additional high priority measure.
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MIPS Score In order to receive these bonus points, the quality measure must have greater than zero performance which should be reported on 60% of eligible patients for the whole year, and have at least 20 patients reported.
An additional bonus point can be earned for each quality measure by reporting the usage of Certified Electronic Health Record Technology.
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The providers can also earn up to 10 points in the quality category based on the rate of improvement compared to the previous year, but full participation in the quality category is required.
There is also an additional 5 points that CMS will automatically add for treating complex patients based on the data submitted.
CMS has made important changes to the 2019 Merit-based Incentive Payment System (MIPS) for the Medicare fee schedule. While CMS has not completely finalized the program, the practices should be aware of the changes to MIPS weights and scoring, and low volume threshold exemption.
Boost your MIPS score
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All these points based on different performance categories can get very complicated.
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MIPS specialists at iPatientCare can
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help you formulate the right strategy
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for your practice. They will make your practice understand the MIPS
scores and can reach reporting goals, no matter what they appear to be.
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