tci Medicare Compliance & Reimbursement - 2019 Issue 3

Industry News: MGMA Poll Reveals Many MIPS Providers Aren’t Making Ends Meet

Statistics suggest that practices are struggling to make a profit based on their Merit-Based Incentive Payment System (MIPS) wages, according to a Medical Group Management Association (MGMA) study. An MGMA Stat poll shows that about 67 percent of medical practices must offset their Medicare pay with private payer income due to the less than stellar fee-for-service increases over the past two years. “Medicare fee-for-service payments are not keeping up with inflation or the cost of running a physician practice,” explains MGMA in a release on the poll results. “The Medicare conversion factor has remained essentially flat...

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