The first performance year of the Merit-based Incentive
CMS is sending out MIPS Participation Status Letters from late April through the end of May 2017. They have also released a lookup tool so you can determine prior to receiving your letter if you will be eligible for the MIPS payment adjustment. If you are not eligible for the MIPS payment adjustment this year but will be in the future, you can still report MIPS. You will not receive an incentive or a penalty, but you will have access to a feedback report so you can determine changes that may need to be made to maximize your incentive int he future.
Resources for determining eligibility:
The MIPS Quality Performance Category is closely related to its predecessor, the Physician Quality Reporting System (PQRS). Much Like PQRS, the Quality Performance Category can be reported individually or as a group, and requires submission of quality measure information to CMS. It is the most valuable performance category in 2017, worth 60% of the MIPS composite score.
Resources for the Quality Performance Category:
The Advancing Care Information Performance Category is Meaningful Use updated to be more flexible, customizable, flexible and focused on patient engagement and interoperability.
Resources for the Advancing Care Information Performance Category:
The Improvement Activities Performance Category is a new concept introduced by MIPS reporting and rewards eligible clinicians for participating in activities related to their patient population. Clinicians and groups can choose to participate in activities most relevant to both their practice and patient population. The Improvement Activities Performance Category is worth 15% of the MIPS Composite Performance Score in 2017.
Resources for the Improvement Activities Performance Category:
To ease the burden of transitioning to MACRA/MIPS, CMS has introduced 3 pacing options for at least the performance year 2017. Each pacing option has different reporting specifications; however, all three options offer the safety of knowing the MIPS negative payment adjustment can be avoided.
Resources for the Quality Performance Category: