tci Medicare Compliance & Reimbursement - 2023 Issue Q3

Quality Payment Program: Strengthen MIPS 2023 Smarts With This Small Practice Primer

Tip: Utilize the plethora of tools and flexibilities CMS offers. Whether you’ve been all-in since 2017 or are just submitting measures for the current performance year, the Merit-Based Incentive Payment System (MIPS) can be daunting for small practices. From staff shortages to budget constraints, compiling the necessary data poses challenges, but there are resources and guidance to help small practices meet the requirements. Context: The Centers for Medicare & Medicaid Services (CMS) realizes the complexity associated with the MIPS program and the importance of incentive payments for quality care — especially for small practices. With Traditional MIPS and...

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