Regulatory updates
Do not wait until the last minute!
March 31st is the last day Eligible professional may report MIPS measures and avoid 4% negative payment adjustments in 2019!
Merit Based Incentive Payment System (MIPS) eligible providers who fail to collect and report a minimum amount of 2017 performance data by March 31, 2018, could face a four percent negative payment adjustment on Medicare reimbursements in 2019 — with increasing penalties in the future.
You can check MIPS eligibility by entering your individual National Provider Number (NPI) into CMS’s online verification tool.
You can choose “test” reporting option.
If you report a minimum amount of 2017 data (even one quality measure for one patient, one activity in the improvement activities category, or four or five of the core advancing care information measures), you can avoid a negative payment adjustment, but you will not be eligible for a performance bonus.
You have time until March 31, 2018 to submit data for the 2017 transition year, except for CMS Web Interface users whose submission window is January 22, 2018 to March 16, 2018 and eligible professionals who submit data through claims whose deadline is March 1, 2018.
Contact now your WCH account representative to find a way and report MIPS date! Act now to avoid 4% payments reduction!
