BC Advantage - 2016 Issue 10
CMS relents, will reduce 2017 MIPS reporting burden
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Article Overview
This article covers CMS’s announced plan to reduce the 2017 reporting burden under the Merit-Based Incentive Payment System (MIPS) as part of MACRA implementation. It outlines the general types of participation options discussed by CMS, the relationship between MIPS and advanced Alternative Payment Models (APMs), and the expected appearance of more specific details in the final rule. The piece is aimed at providers, practice managers, and coding/compliance professionals tracking Medicare payment reform and reporting obligations.
Why This Topic Matters
Providers need to understand how CMS is shaping early MIPS participation so they can gauge reporting effort, prepare for MACRA requirements, and anticipate possible future payment impacts.
Article Sections
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CMS announcement on 2017 MIPS flexibility
Introduces CMS’s plan to soften the initial reporting burden for MIPS and explains the timing of the policy in relation to Medicare payment years and MACRA implementation.
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Four participation options for providers
Summarizes the general categories of participation CMS discussed for 2017, including partial reporting, full-year reporting, and participation in advanced payment models.
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Industry reaction and remaining uncertainty
Describes concerns about the lack of specific thresholds and values, and notes that more detailed guidance is expected in the final rule.
What You Will Learn
- How CMS is approaching early MIPS reporting flexibility
- What broad participation pathways were announced for 2017
- How MIPS relates to MACRA and advanced payment models
- Why additional rulemaking is still needed for operational planning
Who Should Read This
- Physicians and group practices
- Practice managers
- Medical billing and coding professionals
- Compliance and reimbursement staff
- Health policy and operations teams
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