Industry Hot Buttons — MACRA / MIPS Update

Sep 27, 2017 | Uncategorized

Industry Hot Buttons — MACRA / MIPS UpdateWith the implementation of QPP, the deadline for submitting 2017 performance data is approaching fast! Eligible providers can submit performance data for dates of service starting on January 1, 2017 – October 2, 2017. Data submission to CMS must be done by March 31, 2018.nnIf your practice chooses not to submit data for 2017 reporting, then you will receive a negative 4% payment adjustment. If your practice submits the minimum data required for 2017 reporting, you can avoid the negative adjustment and receive a neutral adjustment. If your practice submits partial data required for 2017, which is 90 days of 2017 data, you will receive either a neutral or positive adjustment depending on your performance. If your practice submits a full year of data for 2017, you may receive up to a 4% positive payment adjustment, again depending on your performance. The first payment adjustments based on performance go into effect on January 1, 2019.n

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