decisionhealth Newsletters, Part B News - 2019 Issue 6 (June)
Watch your remittance advice codes for MIPS payment gains, losses
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Article Overview
This article covers Medicare remittance advice reporting tied to the Merit-Based Incentive Payment System (MIPS) and explains why providers may see new adjustment-related codes on affected claims. It is aimed at medical billers, coders, and practice managers who need to recognize the general categories of MIPS-related payment adjustment notices and understand how those notices can be used to monitor performance-based revenue changes.
Why This Topic Matters
MIPS-related payment adjustments can affect reimbursement across Medicare claims, so recognizing the associated remittance advice and claims adjustment codes helps practices interpret their claim activity and track financial gains or losses over time.
Article Sections
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MIPS payment adjustments and remittance advice codes
This section introduces the appearance of new Medicare remittance advice reporting tied to MIPS and describes the general purpose of the adjustment notices.
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Claims adjustment codes tied to MIPS
This section discusses the related claims adjustment coding that may appear with affected Medicare claims and the broader context for those codes.
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Keep an eye on claims
This section focuses on using adjustment information to monitor claims activity and understand the overall financial effect of MIPS participation.
What You Will Learn
- How MIPS-related payment adjustments may appear on Medicare remittance advice
- Which general types of adjustment codes are associated with MIPS claims
- Why tracking affected claims can help practices evaluate the financial impact of MIPS participation
- How year-to-year threshold changes affect the broader context of MIPS reporting
Who Should Read This
- Medical coders
- Medical billers
- Practice managers
- Revenue cycle staff
- Physician practices participating in Medicare
Codes Discussed
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