MIPS 2020 Reporting Guide - Tips on How to Get Started
As we put the 2019 MIPS reporting year behind us, it is helpful to start planning for 2020 since some of the requirements have changed. The number of MIPS points needed to avoid any penalties has increased to 45 MIPS points (up from 30 points in 2019) and you must reach 85 MIPS points for an exceptional performance bonus (up from 75 points). Payment adjustments are also higher at +/-9% (up from +/-7%), so the financial risk of not reporting is much greater. Before you get started with your reporting, go through this 2020 MIPS Reporting Guide to understand your reporting obligations and prepare a strategy to help your practice meet its reporting goals.