The 2019 MIPS performance period is in full swing. MIPS eligible clinicians and groups must achieve at least 30 MIPS points in 2019 to avoid any penalty. If they choose not to report, it’s an automatic 7% penalty against their 2021 Medicare Part B payments. We have developed this MIPS Reporting Checklist to explain your reporting options and help you plan your strategy for participating in MIPS this year.
CMS recently reported that 95% of MIPS eligible clinicians received a positive or neutral payment adjustment for their MIPS performance in 2017. Unfortunately, this means that 5% of MIPS eligible clinicians will be penalized in 2019 for not reporting MIPS last year. And the penalty for not reporting is even higher this year - an automatic 5% deduction of your 2020 Medicare reimbursements. There’s still time to report MIPS for 2018 to protect your Medicare reimbursement. MDinteractive’s 2018 MIPS Reporting Checklist will guide you through the steps to take now to successfully report MIPS.
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