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Small Practices May Be Exempt From CMS MIPS Program

By AAPC
February 15, 2017
The Merit-based Incentive Payment System (MIPS) is a Quality Payment Program that combines the existing Medicare Meaningful Use (MU), Physician Quality Reporting System (PQRS), and Value-Based Modifier (VBM) programs, and adds a fourth component to promote ongoing improvement and innovation to clinical activities.

MIPS eligible clinicians must report successfully on defined quality measures and activities of their choosing, or face potential negative payment adjustments in future years. Not all eligible clinicians are required to participate in the program in 2017.

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