MIPS Basics.

Slides:



Advertisements
Similar presentations
NOSORH WHAT WILL MIPS MEAN? Bill Finerfrock President Capitol Associates, Inc.
Advertisements

MACRA Overview and RFI HIT Joint Committee October 6, 2015
MACRA From Meaningful Use to MIPS The “Doc Fix” Legislation
Behavioral Health and CMS Quality Programs January 26, 2015.
© 2015 The Advisory Board Company advisory.com : 5% participation bonus SGR Repeal Creates Two Tracks for Providers Providers Must Choose Enhanced.
1 Jean Moody-Williams, RN, MPP Deputy Center Director CMS Center for Clinical Standards and Quality U.S. Department of Health & Human Services CMS Center.
What is MACRA New way to get paid under Medicare –Replaces broken Sustainable Growth Rate (SGR) formula Streamlines multiple quality reporting systems.
Copyright Medical Group Management Association ® (MGMA ® ). All rights reserved. MACRA: Next steps toward value-based payment in Medicare.
Payment Reform Update: Value Over Volume Amy Mullins, MD, CPE, FAAFP.
Physician Payment After SGR Reform: An Overview © American Hospital Association.
MACRA and Delivery System Reform The Health IT Policy Committee Kate Goodrich, MD MHS Director, Center for Clinical Standards & Quality May 17 th, 2016.
Quality Payment Program Alliance for Health Reform and The Commonwealth Fund Kate Goodrich, MD MHS Director, Center for Clinical Standards & Quality May.
The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) is a bipartisan legislation signed into law on April 16,  Repeals the flawed Sustainable.
Purdue Research Foundation ©. 2 MACRA and the Quality Reporting Program Tara Hatfield RN, BSN, CHTS-CP Purdue Healthcare Advisors.
Understanding and Executing the MIPS Four Domains: How do they apply to my practice? Presented by: Pamela Ballou-Nelson, RN, MSPH, PhD, PCMH CCE Senior.
Thank you to our Chapter Sponsors! Elite Sponsors Premier Sponsors Partner Sponsors.
Today’s presenters: Thomas Bennett, Client Services Relationship Manager Elisabeth Renczkowski, Content Specialist Merit-Based Incentive Payment System.
Current CMS Quality Reporting Programs Physician Quality Reporting System (PQRS) Electronic Health Records (EHR) Incentive Program (Meaningful Use) Value-Based.
MACRA Proposed Rule: What You Need to Know. Why Does This Matter? Physicians: Impact on payment, performance measurement requirements Hospitals: May bear.
MIPS Quality Component
Quality Payment Program American Health Quality Association
MACRA – MIPS The Table is Set; What will be served?
Welcome to AANEM’s MACRA Overview Webinar Series
MIPS Simplified Scoring
Medicare Access and CHIP Reauthorization Act of 2015 MACRA
Alternate Payment Model (APM) WHAT IS AN APM? Alternate Payment Model (APM) Medicare’s new approach to payments for medical care, incentivizing quality.
How to Succeed under the New Medicare Quality Payment Program
State Innovation Models Initiative: Round One Awards
MACRA and Physician Reimbursement
“MACRA”: The nexus of physician quality and payment
Medicare Access and Chip Reauthorization Act of 2015 (MACRA)
Value Based Payment Programs Quality Payment Program
Getting to Know Your Reporting Options for 2017
MACRA UPDATE Presented by Judella Haddad-Lacle MD
MACRA: Medicare’s Shift to Value-based Delivery & Payment Models
What Ob-gyns Need to Know about the MACRA Quality Payment Program
Quality Reporting in a MACRA World
MACRA and Delivery System Reform
Health TechNet MAY 2016 May 20, 2016 Nathan M. Bays, J.D.
Quality Payment Program and YOU!
QUALITY PAYMENT PROGRAM OVERVIEW OF OCTOBER 2016 FINAL RULE
Alternative Payment Models in the Quality Payment Program
AGENDA Participating in MIPS in 2017 MIPS Performance Categories
Advancing Care Information
Value-Based Metrics Bonuses (fixed or as a % of base) for:
MACRA—The Medicare Access & CHIP Reauthorization Act: A Catalyst for Moving Physicians to Value Kaufman, Hall & Associates, LLC June 30, 2016.
Viewing MACRA Through a Medicaid Lens
Stage 3 and ACI’s Relationship to Medicaid MU Massachusetts Medicaid EHR Incentive Program September 19 & 20, 2017 Today’s presenters: Brendan Gallagher.
Quality Payment Program
“Success in Quality Payment Programs (QPP)”
Quality Payment Program
Success in Quality Payment Programs (QPP) September 29, 2017
Advocacy and Healthcare Reform Update
The Path to Provider Status
Macra/mips: Advancing clinical information
Introduction to the Quality Payment Program & MIPS
AGENDA Overview of MACRA Quality Payment Program
March 30, 2017 Roy Wyman, Esq. and Trish Markus, Esq. (Nelson Mullins)
Merit-Based Incentive Payment System (MIPS)
Quality Payment Program Robin Huffman & Kelly Fountain The information contained in this presentation is for general information purposes only. The.
Value Based Contracting in Action
Thomas Gustafson, Ph.D. Senior Policy Advisor March 2016
Understanding the MACRA Quality Payment Program
MIPS Year 3 Performance Year 2019 Final Rule
Secrets to Beating the Curve
Healthcare Technology Network of Greater Washington MACRA, MIPS Update
Medicare: Risks and Opportunities for 2019
MACRA/MIPS – CME and Improvement Activities
OCC Fall Users’ Group Meeting MIPS/MU
MACRA Payment Reform Update: Top Ten Questions for 2019
Presentation transcript:

MIPS Basics

The MACRA Martini: Shaking up Your Practice Quality Cost Improvement Activities Advancing Care Information Value-Based Modifier PQRS Meaningful Use Performance Year begins in 2017

MIPS: Who’s In Years 1 – 2 (2017-2018) Potential additions (2019+) Physicians Physician Assistants Nurse Practitioners Clinical Nurse Specialists Certified Registered Nurse Anesthetists Potential additions (2019+) Physical or Occupational Therapists Speech Language Pathologists Audiologists Nurse Midwives Clinical Social Workers Clinical Pathologists Clinical Psychologists Dietitians/Nutritional Professionals

MIPS: Who’s Out Providers below the Medicare low-volume threshold $30,000 OR 100 or fewer beneficiaries annually First year Medicare providers Providers in an Advanced Alternative Payment Model

Add each weighted category to earn MIPS Composite Performance Score MIPS: Four Components Quality: 60% 60-70 Points Advancing Care Information: 25% 100+ Points Improvement Activities: 15% 40 Points Cost: 0% Add each weighted category to earn MIPS Composite Performance Score Quality Advancing Care Information Improvement Activities Cost MIPS Score

MIPS: Quality Measures Examples 60% 60-70 Points List your 6 measures here First Second Third Fourth Fifth Sixth Medicare Shared Savings Track 1: No additional reporting required. Measures are selected for you

MIPS: Improvement Activities Reporting 15% 40 Points Our IA Activities 1. 2. 3. 4. Categories Expanded Care Access Care Coordination Population Management Beneficiary Engagement Patient Safety and Practice Assessment Achieving Health Equity Emergency Preparedness and Response Integrated Behavior and Mental Health

MIPS: Advancing Care Information Reporting 25% 100+ Points Security Risk Analysis E-Prescribing Provide Patient Access Send Summary of Care Request/Accept Summary of Care 5 required base measures

MIPS: Cost Cost: 0% 0% in 2017 10% in 2018 30% in 2019 Cost category rapidly ramps up. Does this influence physician compensation in your group?

MIPS Payments: Budget Neutral = Winners and Losers FF: Alternative google - better FF: This does not show it starting in 2017 which is what you say earlier. 2019 payments can go up or down 4% - 9% 2022 Effects payments new model

MIPS vs. APMs. vs. Advanced Alternative Payment Models Quality Payment Program MIPS vs. APMs. vs. Advanced Alternative Payment Models Not in APM In APM In Advanced APM MIPS adjustments MIPS adjustments + APM-specific rewards APM-specific rewards + 5% lump sum bonus If you are a Qualifying APM Participant (QP) =

What Needs to Happen Right Now Provider engagement and “buy in” Certified EHR Requirements vary based on 2014 vs. 2015 certification Quality Pick measures Benchmarks vary by submission method Medicare Shared Savings Program? Improvement Activities Patient Centered Medical Home? Cost/Resource Use