3 MIPS Participation Options that Will Make You Breathe a Sigh of Relief

MIPS data collection begins January 1, 2017. However, CMS provided some flexibility to help eligible clinicians (ECs) ease their way into the brave new world of MIPS. By choosing one of the following participation options, ECs can avoid a payment penalty in 2019.

Option 1: Submit Something

As long as you report some data after January 1, 2017, you will not be subject to a negative payment adjustment in 2019. This option is intended to allow you to test your software, while getting your practice fully on board MIPS in 2018. If you’re using Eyefinity EHR or ExamWRITER, this is a slam dunk.

  • Pros: Very low threshold; avoid a 2019 payment penalty
  • Cons: No financial incentive

Option 2: Partial Participation

If you submit 90 days of 2017 data to Medicare, you may earn a neutral or small positive payment adjustment. Under this option, you would submit quality measure information for part of the year, report how your practice uses technology, and report on your practice improvement activities. If you’re using Eyefinity EHR or ExamWRITER, and if you implement a practice improvement initiative, there’s no need to sweat it.

  • Pros: Low threshold; similar to current incentive programs; possible financial incentive
  • Cons:  Small incentive payment

Option 3: Participate for the Full Calendar Year

There are some ECs who are eager to jump right into MIPS. If that’s you, start your reporting period on January 1. Under this option, you would submit quality measure information for the full year, report how your practice uses technology, and report on your practice improvement activities. If you’re using Eyefinity EHR or ExamWRITER, you will be able to report MIPS for the entire year.

  • Pros: Similar to current incentive programs; possibility for higher financial incentive
  • Cons: Higher threshold

Learn more about your options and check out our MIPS Resource Center for the latest information.

aaeaaqaaaaaaaajeaaaajdfimti5yjzlltnlndgtndq5yy1hytljltmxzti2otljntzimw
Masoud Nafey, OD

One Response

  1. Excellent post. I definitely appreciate this site. Stick with it!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: