Industry Notes: Lackluster MIPS 2020 Data Causes Cost Category Reweighting
If you were worried about your Merit-Based Incentive Payment System (MIPS) numbers for the performance year (PY) 2020, a recent update may put some spring in your step.
Now: On May 20, the Centers for Medicare & Medicaid Services (CMS) announced that after analysis of the PY 2020 data the agency decided to reweight the cost category. “We will assign a weight of 0% to the cost performance category for the 2020 performance period and redistribute the prescribed weight of 15% to another performance category or categories,” an agency memo says.
Why? According to the memo, CMS...
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