Clinicians: MIPS Participation Status Letter
CMS is reviewing claims and letting practices know which clinicians need to take part in the Merit-based Incentive Payment System (MIPS). This is an important part of the new Quality Payment Program (QPP). In late April through May, you will receive a letter from your Medicare Administrative Contractor that processes Medicare Part B claims. This letter will provide the participation status of each MIPS clinician associated with your Taxpayer Identification Number (TIN).
Clinicians should participate in MIPS in the 2017 transition year if they:
- Bill more than $30,000 in Medicare Part B allowed charges a year &
- Provide care for more than 100 Part B-enrolled Medicare beneficiaries a year
QPP intends to shift reimbursement from the volume of services provided toward a payment system that rewards clinicians for their overall work. This will help you deliver the best care for 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. During this first year of the program, AdvacnedMD and CMS is committed to working with you to streamline the process as much as possible. Our goal is to further reduce burdensome requirements so that you can deliver the best possible care to patients. Learn more about the Quality Payment Program.
Access our many helpful MACRA & MIPS resources:
- Understand MACRA & MIPS for your Practice: The official AdvancedMD MACRA & MIPS web page full of useful resources.
- CMS MIPS Participation Status Letter.
- The MACRA Guide: Survive & Thrive.
