Are You Ready for MIPS?
It’s not too late to participate in MIPS! The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) requires the majority of providers to participate in the new Merit-based Incentive Payment System (MIPS) this year, to avoid a negative 4% adjustment to their 2019 Medicare Part B reimbursement. To avoid the penalty, practices must submit 2017 performance data before March 31, 2018, for at least *one* MIPS measure on *one* patient.
The 2018 MACRA Final Rule from the Centers for Medicare & Medicaid Services (CMS) is expected in early November. Start planning now for 2018.
Stroudwater offers a comprehensive, interactive MIPS Readiness Evaluation including financial impact and operational gap analysis, plus customized consulting services to support implementation of your MIPS plan.