tci ED Coding & Reimbursement Alert - 2016 Issue 3
Quality Reporting: The SGR Is Finally Gone But MIPS Takes Its Place
Along with several new acronyms like VBM and MAV you'll need to know When the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) became law last year it removed the dreaded sustainable growth rate formula, which continually threatened to lower the Medicare conversion factor. But it replaced the SGR with the new merit based incentive program. Check out these MIPS tips to help you prepare for 2016 and beyond. Meet the Merit-Based Incentive Program The Merit-Based Incentive Payment System (MIPS) is a payment mechanism that will provide annual updates to physicians starting in 2019 based on performance metrics...
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