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The MIPS data you collect and report for 2018 will impact your 2020 Medicare reimbursement fee schedule.
The Merit-Based Incentive Payment System (MIPS) is one of two tracks in the CMS Quality Payment Program. You can use your NPI number to learn whether you’re required to participate in the program. MIPS consists of four weighted categories:
You can report for MIPS as an individual or as part of a group of two or more eligible clinicians. If you’re part of a small practice, you can join with other small practices to form a virtual group. Learn more about MIPS reporting.
The MIPS data you collect and report for 2018 will impact your 2020 Medicare reimbursement fee schedule. Here’s how it works:
Each year, the bonus or penalty you stand to earn based on MIPS data increases:
AOA members can contact the AOA for free, personalized assistance with MIPS and the Quality Payment Program. Physicians can also contact CMS at (866) 288-8292 or firstname.lastname@example.org.
AOA members have access to a variety of tools designed to provide guidance and simplify the MIPS reporting process. Check out the AOA Member Value program for more details.