3 Options to Participating in MIPS that Will Make You Breathe a Sigh of Relief

MIPS data collection begins January 1, 2017. However, CMS has provided some flexibility to help eligible clinicians (ECs) ease their way into the brave new world of MIPS. This means that if you’re eligible to participate in MIPS, choosing one of these options would ensure that you don’t receive a payment penalty in 2019.

Option 1: Submit Something

As long as you report some data from 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 onboard 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 for doing well

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. Again, if you’re using Eyefinity EHR or ExamWRITER, and if you implement a practice improvement initiative, you’re ready.

  • Pros: Low threshold, similar to current incentive programs, possible financial incentive
  • Cons: Incentive payment would be small

Option 3: Participate for the Full Calendar Year

There are some ECs who are eager to jump right into MIPS. If that’s you, you can 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, possible higher financial incentive
  • Cons: Higher threshold

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

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Masoud Nafey, OD

One Response

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