Medical Billing and Coding Services | MIPS Reporting and Consultation Services

The MIPS 2021 reporting period has started. And here begins the struggle for physicians to report their data. There is a lot on the line, for instance, physicians’ reputation, payment adjustments, and bonuses. But, what about the physicians, who choose to not report data. Simply, they will miss out on many things. Every year, MIPS eligible clinicians   struggle to comply with the data submission criteria. The amount of data that they have to go through to compile relevant files is huge. Most of them thus, reply on CMS recognized MIPS Qualified Registry to make sure their data is accurate and documented as per the high standards. What Can Go Wrong When Physicians Do Not Report MIPS 2021 Data? The thing is MIPS 2021 reporting is a chance to go bigger with incentives as long as physicians report for it. In an otherwise situation, the following cases can occur. Physicians are Excused from 9% of MIPS Penalty The good news is this year, CMS will not put any pe...

MIPS (Merit-based Incentive Payment System) is a part of the Quality Payment Program (QPP) for the Medicare Part B healthcare providers. It was so they could get compensated based on their performance. MIPS 2021 Exception Applications The MIPS Exception Applications are for the candidates who find it impossible to collect and submit their clinical data and can't perform any actions in that instance. The exception applications for MIPS 2021 are: Exception Application for Extreme and Uncontrollable Circumstances Exception Application for Hardships in the MIPS Promoting Interoperability Performance Category Exception Application for Extreme and Uncontrollable Circumstances This MIPS exception application is for the medical practitioners, groups, and virtual groups who want the scores of one or all of their MIPS categories reweighed. Most probably because of unforeseen circumstances or circumstances that make it extremely difficult for them to submit data properly. For APM ...

#NEWS CMS has updated the QP MIPS APM participation status. Eligible clinicians can explore their information via QPP Participation Tool based on the second snapshot of APM data. Location:  3200 E Guasti Rd Suite 100, Ontario, CA 91761, USA Read our Article:  HHS Now Introduces New Surprise Bill Compliance Rules

If not, P3Care can help you with that! We have specialized MIPS consultants to analyze your data and strategize as per your medical practice. You can score more and even target high MIPS incentives for exceptional performance. CMS has proposed the final rule for MIPS reporting in PY 2023. According to guidelines, every event and upcoming activity is already scheduled. All clinicians participating this year have to stay updated and manage their data accordingly. They must choose their category measures earlier. This will facilitate them in doing utmost preparations on time and they will only focus on their performance and reporting during the MIPS PY 2023. The period for MIPS reporting starts on Thu, 12/01/2022 and this reporting session for MIPS will come to an end on Sun, 12/31/2023 . During this period, participants will face their MIPS Determination Period . MIPS Determination Period overall consists of two segments; one for initial eligibility and the second for final eligibili...

Go through all the MIPS 2021 deadlines and keep a check on how you are doing in the performance period. It will help you go through the program efficiently without being burdened in the end and without missing out on any reporting requirement. QPP MIPS does not include any updates for PY 2023 Improvement Activities reporting. It weighs the same 15% of the total MIPS score. Anyhow, there are some variations in the Improvement Activities (IAs) list that are necessary to mention here. MIPS 2023 forwards 5 new alterations to pre-existing Improvement Activities. One such fluctuation necessitates the QCDR data utilization for all ongoing practice assessments. Likewise, there were four new IAs that included the implementation of a Language Access Plan in large weightage and Vaccination for Practice staff from Covid-19 in medium weightage. These variations in the Improvement Activities list do not end here. The changes prohibit the QCDR usage for feedback reports usually incorporated in popul...