The Merit-Based Incentive Payment System (MIPS) was created by the Medicare Access and CHIP Reauthorization Act of 2015 to streamline several of CMS’s value-based programs including Meaningful Use, Physician Quality Reporting and Value-Based Modifier.
An infographic by SA Ignite highlights the basics on MIPS including eligibility, scoring, financial impact, qualifications, and exemptions.
One year after the Centers for Medicare and Medicaid Services began reimbursing physician practices for chronic care management services, Bon Secours Medical Group is now comfortable with the CCM reimbursement requirements and is reporting that it’s unique approach to this revenue opportunity is ramping up nicely. And, the organization’s approach to chronic care management reimbursement is helping to position itself for advance care planning as a new billable CMS event in the upcoming year.
During Physician Reimbursement in 2016: Workflow Optimization for Chronic Care Management and Advance Care Planning, a January 26th webinar, now available for replay, Robert Fortini, PNP, chief clinical officer for Bon Secours Medical Group, will provide an inside look at his organization’s experience with CMS’ chronic care management reimbursement this year and how they are leveraging this experience for CMS’ newest billable event in 2016—advance care planning.
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Tags: Meaningful Use, Merit-Based Incentive Payment System, MIPS, Physician Quality Reporting System, Value-Based Modifier
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