Compared to the current CMS quality initiatives, the pool of eligible clinicians (formerly called eligible providers) will be shrinking significantly for the 2019 performance year. Considering that by 2021, when the pool of eligible clinicians will expand, the MIPS payment adjustment will be up to 9%.
If an eligible clinician is a part of an Advanced APM, they are exempt from MIPS reporting. Current examples of APMs are Accountable Care Organizations (ACO), Patient Centered Medical Homes, and bundled payment models.
Have = $90K in Part B allowed charges for covered professional services.
Provide care to = 200 Part B enrolled beneficiaries.
Provide = 200 covered professional services under the Physician Fee Schedule (PFS).
If a clinician enrolls in Medicare in the middle of a performance year, they do not have to participate in MIPS reporting that year. For example, if a clinician was to enroll in Medicare on February 6, 2021, they will be exempt for the 2021 performance year (January 1, 2021- December 31, 2021).
CureMD newsletter is a free weekly news source, connecting you
to the latest medical operation, technology and compliance.
Tell us about yourself & a CureMD Consultant will contact you shortly.