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MIPS: Recommendations for Physicians

MIPS: Recommendations for Physicians

What is MIPS? As a physician, your focus is, and should be, on your patients and achieving optimal health care results. So, it’s understandable not to have spent much time considering the details of the program that determine Medicare payment adjustments to MIPS providers. The Merit-based Incentive Payment System uses a composite performance score to determine if eligible physicians will receive a payment bonus, a payment penalty or no payment adjustments. In the past few years, due to extensions, exclusions and other factors that might have meant you didn’t need to be too concerned with the extensive details of the MIPS program, the results might not have had a significant impact on your practice.

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