MIPS 2024 –
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Boosting a company’s revenue is not something everyone can do. To tackle this issue, Prime Well Med Solutions helps people in complying with MIPS reporting 2024.
We provide high-quality, error-free MIPS reporting to assist doctors perform better and earn financial rewards based on MIPS services 2024 outcomes.
MIPS Services 2024 - Where Quality Care Meets Financial Rewards!
MIPS is a U.S-based program created by MACRA that stands for Medicare Access and CHIP Reauthorization Act and Medicaid (Medical Assistance Program). It plays a vital role in improving patients’ results and healthcare quality. It is crucial for healthcare providers to participate in MIPS, as taking part in MIPS may affect their financial consequences.
Through our MIPS services, we showcase the key areas where doctors and healthcare providers are giving their best and where they need to improve to meet quality standards.
Leading the Way in MIPS 2024 - Doctors Elevating Scores with Key Improvements!
- Quality
MIPS examines and evaluates the overall performance of doctors and healthcare providers according to the quality of services they provide. They measure the timeliness of services that are being provided to patients. MIPS strongly focuses on patients’ safety and ensures that the doctors meet all the necessary requirements and quality standards.
- Promoting Interoperability (PI)
Promoting Interoperability (PI) ensures that the healthcare providers use EHR to disseminate information among the doctors for better patient outcomes. It includes different measures for electronic prescribing and allowing access to patients to their health information. PI helps promote better communication and openness between doctors and patients.
- Improvement Activities (IA)
IA helps evaluating the participation of doctors in those activities that are concerned with improving patients’ health.
- Cost Category
It assesses the efficiency of doctors that how they manage healthcare resources and how capable they are in providing exceptional services while also minimizing the expenses that are not required or pointless.
Patient Care Coordination
Patient care coordination leads to improved patient outcomes. Physicians and healthcare providers participating in MIPS 2024 can earn high scores to secure maximum financial rewards. Participating in MIPS helps doctors prove care coordination using EHRs to share patients’ records with fellow doctors.
Patient Engagement
The key point of MIPS is connecting with patients. Doctors, physicians or healthcare providers can earn high scores by focusing on advanced patient involvement. It consists of allowing the access to online portals and educational stuff to patients. It is important to involve patients in the decision making for treatment plans as it also counts.
Shared Decision-Making tool
Maximum financial scores and rewards goes to those doctors who use decision-making tool while collaborating with patients. As MIPS 2024 focuses on involving patients in the decisions about their healthcare and treatment plans. For this reason, MIPS is called as a motivation for physicians and doctors to do good for earning good.
25%
Promoying Interoperability
15%
Imporovement Activities
30%
Quality
30%
Cost
Why MIPS Reporting 2024 Matters?
MIPS 2024 scores are reported publicly to improve the credibility and reputation of doctors and healthcare providers. If doctors strictly follow and obey the CMS requirements, it will benefit them in the long run. MIPS reporting affects the Medicare payments of doctors. A good performance will lead to higher payments and financial rewards while poor performance will cause penalties by the government.
Latest Updates - MIPS 2024 Performance Categories
Physicians and healthcare providers now have to track their performance for 180 days instead of 90 as the PI period has been extended. means that the physicians will now be supervised for a longer period to ensure if they’re using electronic health records efficiently.
- PI gets 25% of contribution in MIPS scoring criteria that demonstrates its value in assessing doctors.
- The category of IA Performance gets 15% of the total score.
- Quality performance is still around 30% with no significant changes to reporting in MIPS 2024.
- 30% of the total score is assigned to the cost performance category.
Why Choose Us for MIPS Services 2024?
Choosing PrimeWell Med Solutions for MIPS services 2024 means partnering with experts dedicated to enhancing your performance. Here’s how we can benefit you:
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Customized Reporting Solutions
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