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GroupOne Health Source Blog

GroupOne Revenue Cycle Blog 

Insights to guide your practice.

 

MIPS Tips and Resources for Small Practices

by Kaitlyn Houseman on November 7, 2019

The maximum MIPS penalty increases to -7% for the 2019 Performance Year, meaning depending on your MIPS performance, you could see a minimum of $6,300 in payment adjustments per eligible clinician come 2021. For smaller practices, not participating can cause major disruptions in practice revenue but participation in the Merit-based Incentive Payment System can sometimes be equally as costly. Here, we’ll review how smaller practices can move towards MIPS participation and how participation, while expensive, can be beneficial.

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Topics: MACRA, MIPS

Participating in CMS Study Could Result in Improvement Activity Credit for 2018 MIPS Program

by Kaitlyn Houseman on April 18, 2018

The Centers for Medicare & Medicaid Services (CMS) is conducting the 2018 Burdens Associated with Reporting Quality Measures Study, as outlined in the Quality Payment Program Year 2 final rule (CMS 5522- FC). Clinicians and groups who are eligible for the Merit-based Incentive Payment System (MIPS) that participate successfully in the study will receive full credit for the 2018 MIPS Improvement Activities performance category. 

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Topics: MACRA, MIPS

CMS Extends the MIPS 2017 Data Submission Deadline to April 3

by Kaitlyn Houseman on March 30, 2018

If you’re an eligible clinician participating in the Quality Payment Program, you now have until Tuesday, April 3, 2018 at 8 PM EDT to submit your 2017 MIPS performance data. You can submit your 2017 performance data using the new feature on the Quality Payment Program website.

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Topics: MACRA, MIPS

15 Improvement Activities to Consider with Last Minute MIPS Reporting

by Kaitlyn Houseman on March 27, 2018

If you're scrambling to report your 2017 MIPS performance year data, you're not alone. With the deadline quickly approaching, a number of practices are looking at how to report their 2017 data in order to avoid the 4% penalty on their 2019 Medicare Part B claims. With 2017 being the transition year to MIPS, eligible clinicians must submit data for 1 Quality Measure or 1 Improvement Activity for 1 Patient over a 90 day period.

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Topics: MIPS

What You Need to Know Now: Analyzing the 2018 MACRA Quality Payment Program Final Rule

by Kaitlyn Houseman on November 3, 2017

Yesterday the Centers for Medicare & Medicaid Services (CMS) issued the final rule with comment for the second year of the Quality Payment Program (calendar year 2018) as required by the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA). The changes reflect the commitment CMS has made to minimizing the burden of participation in the Quality Payment Programs while still focusing on meaningful measurement and improved healthcare delivery.

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Topics: Revenue Cycle Management, MACRA, MIPS

5 MIPS Myths Debunked!

by Kaitlyn Houseman on September 8, 2017

 As we near October 2nd, the last day to start participating in MIPS and satisfy the 90-day minimum performance period, it's important to separate fact from fiction. According to CMS, nearly 600,000 clinicians will participate in MIPS under the Quality Payment Program but there's still some confusion surrounding participation options, eligibility, and the program in general. Here we'll clear up some common misconceptions about the MIPS program to help you better understand what MIPS is and how it affects your practice.

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Topics: Revenue Cycle Management, MACRA, MIPS

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