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MIPS 2021 Final Rule: Overview
Under the country-wide National Public Health Emergency (PHE) as a result of the COVID-19 pandemic, CMS paid attention to policies governing the Quality Payment Program (QPP) 2021. Hence, the Merit-based Incentive Payment System (MIPS) 2021 being part of this focus, keeps on posing the least burden upon eligible clinicians (ECs).
MACRA MIPS is one part of the puzzle. Advanced APM is the other. To grow further from MIPS 2020, the government continues to develop the MIPS Value Pathways (MVPs) framework giving final touches to the fundamental principles and providing additional knowledge about them. Briefly, it is something new, and stakeholders are in for a proper introduction when they collaborate with CMS.
Also, the Advanced APM track is going to be less burdensome to report. As a third-party intermediary, a Qualified Registry, and a MIPS consulting firm, we are ready to go the distance and make it even easier for clinicians to report this year.
Before Everything Else Let Us Know the MIPS Reporting 2021 Eligibility Criteria
Most of the process endures similar to 2020. However, the one change that we see this year is that the APM entities are no longer evaluated for their low-volume thresholds. It means a clinician in a MIPS APM has to be eligible individually or group-wise. In case you are booked by time, P3 understands 2021 MIPS requirements completely; we are willing to help you get through seamlessly.
How to Report MIPS Data in 2021?
The process is essentially the same as it was back in 2020. The MIPS data submission methods don’t change a bit in 2021. Like before, you can report MIPS 2021 measures most effectively through the following mediums:
CMS Web Interface
Qualified Registry
Qualified Clinical Data Registry (QCDR)
Medicare Part B Claims
CAHPS for MIPS Reporting
Not to entangle in a web of confusion, it is equally sensible to mention the five collection types to follow the above submission methods. A collection type is how the data is collected from participating clinicians. The available ones are:
Electronic Clinical Quality Measures (eCQMs)
MIPS CQMs (Registry Measures)
Qualified Clinical Data Registry (QCDR) Measures
Medicare Part B Claims
The CAHPS for MIPS Survey
HOW TO SUBMIT MIPS DATA TO CMS?
UNMATCHED BONUSES IN MIPS 2021 FOR PHYSICAL THERAPISTS
When MIPS 2021 for physical therapy brings a new compliance score to settle with the medical world, it aligns with the benefit of clinicians at all levels. You have to ensure you are on the right track concerning MIPS 2021 compliance requirements, especially if you are a Physical Therapist (PT), Occupational Therapist (OT), and Speech-Language Pathologist (SLP).
There are occurrences of changes or updates to the program. Thus, it is only wise to revisit the 2021 requirements. P3Care, as a MIPS consultancy, stays aware of the MIPS Quality measures list for each of you. Dial-in for a free consultation or shoot us an email – info@p3care.com – to get a callback. We are eager to make this year another success for you.
Let us report together to safeguard your financial and reputational integrity.