Here Are Your Articles for Tuesday, May 09, 2017
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Know your status under MIPS

 

CMS is reviewing claims and letting practices know whether they need to participate, so keep an eye out for a letter from your Medicare Administrative Contractor through the end of May.

According to CMS, physicians are required to participate in MIPS for the 2017 transition year if they:

  • Bill more than $30,000 in Medicare Part B allowed charges per year and
  • Provide care for more than 100 Part B-enrolled Medicare beneficiaries per year

QPP is planning to shift reimursement from the volume of services provided toward a payment system that rewards physicians for their ability to deliver the best care for their patients. It replaces the Sustainable Growth Rate formula and streamlines the "Legacy Programs" - Physician Quality Reporting System, the Value-based Payment Modifier, and the Medicare Electronic Health Records Incentive Program.

If you would like more information about the Quality Payment Program, click here.

If you have questions or need assistance with an assessment of your readiness and an action plan for 2017, please contact Nelda Fields at (843) 873-4400 or nfields@websterrogers.com.

 

 
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Nelda Fields | Debra Turner
Nelda Fields | Debra Turner
Healthcare Services Group | Partners
(843) 577-5843
healthcare@websterrogers.com
40 Calhoun Street, Suite 320
Charleston, SC 29401
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