March 31 Upcoming Deadline for 2017 MIPS Reporting
The deadline to submit 2017 data for the Merit-based Incentive Payment System (MIPS) reporting is fast approaching. Clinicians participating in MIPS have until March 31, 2018 to submit evidence-based and practice-specific quality data to CMS. Find out if you’re eligible for MIPS.
Claims-based Quality measures for 2017 dates of service were due March 1 to the Medicare Administrative Contractor (MAC) for eligible clinicians. Claims-based reporting for Quality measures only applies at the individual reporting level as group reporting is available in alternative methods. Large groups reporting through the CMS Web Interface need to submit 2017 data by March 16.
MIPS Next Steps
Once all data is submitted to CMS, they will provide performance feedback between April 1 and December 31, 2018. Eligible clinicians and groups reporting will have an appeal opportunity to correct errors in CMS’ findings, if applicable. CMS will then begin applying payment adjustments, positive or negative, to each applicable claim starting January 1, 2019.
Individuals and groups can be successful participants in 2018 even if a plan is not yet in place or the practitioners are working from paper charts. The penalties and incentive payments increase yearly with 5% at stake for the 2018 performance period. Contact an Anders advisor to learn how MIPS will affect your health care organization, or learn more about the Anders Health Care Group.