MIPS
Revision as of 18:12, 29 May 2018 by Daphne.Kothe (talk | contribs) (Created page with "==MIPS - Merit Based Incentive Payment System== '''MACRA''' repealed the '''Sustainable Growth Rate''' formula and created the '''Quality Payment Program'''. The '''Quality P...")
MIPS - Merit Based Incentive Payment System
MACRA repealed the Sustainable Growth Rate formula and created the Quality Payment Program. The Quality Payment Program changes the way Medicare pays clinicians and streamlines multiple quality programs. There are two options to choose from based on practice size, specialty, location or patient population. These are MIPS and APM (Advanced Alternative Payment Models). Most clinicians will be subject to MIPS unless they are in their 1st year of Part B participation, become QPs through participation in Advanced APMs, or have low volume of patients.
Who Does MIPS Affect? Medicare Eligible Clinicians
- Physicians
- Physician Assistants
- Nurse Practioners
- Clinical Nurse Specialists
- Certified Nurse Anesthetists
- Group that include such clinicians