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MIPS 2023 - STEP UP YOUR GAME & MAXIMIZE YOUR IMPACT!
Avoid Penalties With Early Planning.
Scoring Below 75 in MIPS Will Lead to Decrease in Your Payments
You need at least 75 points for the 2023 performance period. If you score below 75, it will cause a decrease in your payments.
Doctors and healthcare providers work with the passion of putting their patients first. To make healthcare safer, secure, and more affordable for everyone, CMS has always been playing its key role. MIPS is one of the crucial steps of the U.S. government that it took through its Quality Payment Program (QPP). It is closely linked to MACRA.
MIPS provides a way to earn reimbursements, either through penalties or incentives to those doctors who focus on patient health and offer quick responses to patients.
What Does MIPS 2023 Have for You?
The Quality Payment Program has some strategic objectives. It has introduced new policy updates as well. The Centre for Medicare and Medicaid Services (CMS) encourages better provider involvement through its MIPS reporting program and improved healthcare services. The Quality Payment Program (QPP) pushes the boundaries of healthcare with its MIPS reporting system.
It invites all eligible doctors to report a more connected and complete set of measures. This will help CMS give feedback and adjust payments based on comparisons.
MIPS Healthcare Reporting During PY 2023 – Key Objectives!
MIPS healthcare reporting year is highly focused on future healthcare benefits. The QPP Mips 2023 reporting performances are as below:
- Integrate quality throughout the healthcare process
- Promote health equity by carefully selecting and improving measures and activities
- Encourage participant involvement to boost clinical engagement
- Creating New MVPs
- Improving Subgroup Participation
- Enhance data and information sharing with improved, comparative feedback
Who Can Report under MIPS Healthcare?
The healthcare providers who are eligible for MIPS Healthcare Reporting include:
Physicians
Chiropractors
Physician Assistants
Occupational Therapists
Cardiology
Physical Therapists
Clinical Psychologists
Qualified Audiologists
Neurology
Certified Nurse Midwives
Qualified Speech-Language Pathologists
Osteopathic
Practitioners
Certified Registered Nurse Anesthetists
Registered Dietitians or Nutrition Professionals
Clinical Nurse
Specialists
Secure the Highest Payment Adjustments- Let PrimeWell Med Be a Guide for You!
MIPS 2023 hasn’t changed the weight of its categories. The MACRA law has set a maximum negative payment adjustment of -9% for the 2022 payment year (2020 performance year) and later. It depends on how well you meet MIPS reporting requirements in 2023 will determine your performance score for payments in 2025.
As a certified MIPS reporting service, we handle the MIPS reporting tasks for you. This allows you to keep your focus on providing excellent care and building strong relationships with your patients. Our job is to ensure you meet MIPS reporting deadlines and create effective reporting strategies for those who need our consulting services.
EHR with 2015 Edition Cures Update
The American Medical Association (AMA) trusts in the effectiveness of EHR due to its role in 3 things, which are:
- Providing a physician’s practice
- Making patient care better
Improved care coordination, practice efficiencies, and procedures
Master MIPS 2023 with PimeWell Med Solutions!
By getting MIPS Reporting 2023 consultation from us, there are endless opportunities for you to surpass the maximum performance threshold in all areas of MIPS eligibility. We provide secure and caring MIPS reporting services to help you achieve a higher MIPS score and eliminate the risk of penalties.
Using advanced healthcare reporting systems, we work to ensure complete data for every category measure.
We can help you earn MIPS points by following these steps:
- At PrimeWell Med Solutions, we help you report on at least 70% of eligible patients for all 6 chosen quality measures. Moreover, we have strategies to boost your quality score for the best results. We can also assist small practices in earning 6 extra bonus points just for them.
- We can help you earn the benefits of cost improvement scoring. This change in the Cost Category of MIPS 2023 rewards 1/100 of a percentage point for effective reporting in the category of cost performance.
- We’ll assist your practice in maximizing improvement activities to achieve the highest score for reporting both high-weighted and medium-weighted activities during a 90-day performance period in 2023
