MIPS is a quality-based payment program introduced by the Centers for Medicare & Medicaid Services (CMS) to incentivize clinicians to enhance the quality and efficiency of healthcare services. MIPS Registry Reporting replaces several existing payment adjustment programs with a unified framework focused on performance and value.
Performance Categories
MIPS evaluates clinician performance across four performance categories: Quality, Promoting Interoperability (PI), Improvement Activities (IA), and Cost. Each category contributes to a clinician’s MIPS final score, which determines their payment adjustment.
Role of MIPS Reporting Services
Assisting Clinicians in MIPS Reporting
MIPS Reporting Services provide clinicians with the tools and support needed to navigate MIPS reporting requirements effectively. These services guide clinicians through data collection, measure selection, and reporting submission to ensure compliance with MIPS regulations.
Ensuring Compliance with CMS Requirements
MIPS Reporting Services help clinicians stay abreast of evolving CMS requirements and updates, ensuring that their reporting activities align with program guidelines. By maintaining compliance, clinicians can avoid penalties and maximize their MIPS performance scores.