In 2022, while we submit your data before the deadline, you can expect up to 5% incentives with P3 Healthcare Solutions.
MIPS 2022 offers more than incentives and bonuses to a physician. It has a significant impact on a provider’s professional reputation as well. This payment adjustment program requires data submission from all eligible participants and give a fair payment adjustment or a penalty to them, depending upon the QPP MIPS score they get. Moreover, those who have not participated in MIPS during COVID, or have other hardship exceptions, and practices from rural areas can now also take advantage of MIPS 2022 measures to better perform and score.
The Medicare Access and CHIP Reauthorization Act (MACRA) is bipartisan legislation that is driving QPP MIPS and all such programs. This reflects the empowerment of the MACRA act. In past, President Obama took the initiative and signed the Affordable Care Act into law on March 23, 2010, to improve the quality access to affordable health practices for everyone. Likewise, MACRA was converted into law on April 16, 2015.
MIPS 2022 is now ongoing and CMS has made several changes to current MIPS reporting. For instance, CMS has upgraded the performance threshold score from 45-60 to eschew any penalty like every other year. So, all the MIPS eligible clinicians can now submit their data for different measures till March 31, 2023, in a series of steps. Just like QPP 2018, QPP 2019, QPP 2020, and QPP 2021, again CMS has allowed MIPS-qualified registries like ours to submit data on behalf of eligible practices for QPP 2022.
MACRA and MIPS work together. Quality, value, and accountability serve as the cornerstones of MIPS. Eligible clinicians (ECs) have nothing to lose and everything to gain as long as the goal is achieved. MIPS incentives are always there to provide your practice with the necessary boost.
Physicians just cannot ignore the 9% of Medicare penalty in MIPS 2022. We will help you cut the chase with regulatory compliance, timely reporting, and smart specialty-specific measures submission. Consult us for a seamless MIPS 2022 Quality Measures reporting performance for a penalty-less spot.
We can help you conquer MIPS 2022 data submission like a pro. Our consultants know that not everyone has the time nor the expertise to go into the intricacies of each performance category. But, with successful MIPS 2022 reporting, you can secure MIPS incentives as a great prize.
For reaching the highest level of MIPS Quality Measures performance, one needs to score at least 89 points. And this year is the last time one can qualify for this bonus pool then why not take this opportunity to be among the top scorers with the right tools and knowledge?
A health IT expert spends 30 minutes with you on the phone to understand the clinical workflow and requirements
Shortlisting measures and informing the practice manager of the reporting activity
We take care of the Cost component making sure no workload is on your practice
Self-educating ourselves through feedback based on TIN level QRUR reports
Regular reporting of updates in terms of compliance and CMS reporting criteria
In 2022, eligible clinicians get to choose and report out of 200 MIPS Quality measures. These measures are available through a range of collection types, one of which is a MIPS registry. As a MIPS consultant, it is on us to report most efficiently for you to score high and handsome. In short, it is a burden-free MIPS data submission method leveraging ease, peace of mind, and incentives at the same time.
An eligible participant can take part in MIPS 2022 in four ways, depending on which option better suits them or they are eligible for:
1. Individual Level
2. Group Level
3. Virtual Group Level
4. MIPS APM Entity
Various factors can directly or indirectly influence your eligibility for MIPS reporting. Some of them are listed below:
● MIPS data submission for segment I but not for segment II
● Not being consistent with your provider type in both segments of the Eligibility Determination Period
● Change your TIN in segment II of billing Medicare Part B claims without informing MIPS
● Join up to any APM Entity in segment II of billing Medicare Part B claims
● Not exceeding LVT in QPP MIPS 2022 Eligibility Determination Period
● QP status Change (A MIPS reporting EC doesn’t require achieving QP status to be eligible in PY22)
There are several significant changes that are subject to be effective in QPP MIPS for Performance Year 2022 but two considerable changes are in the ECs list and the changes in reporting categories.
As per the new law, now both Cost and Quality performance categories share equivalent weight in the MIPS final score formation i.e.,30% from each category. The rest of the 40% MIPS reporting score is calculated by considering 15% weightage from Improvement Activities and 25% from Interoperability Promotion.
No, CMS does not assure the success of every vendor. CMS, however, makes a public list of the qualified registries (QRs) and qualified clinical data registries (QCDRs). You can review them to find the best possible option for you
The certified 2015 electronic health record technology (CEHRT) edition is required for medical practitioners to participate in MIPS. It is possible to get a hardship exemption though depending on (1) the reporting options given for the category and (2) whether you participate as an individual, group, or virtual group.
