tci Medicare Compliance & Reimbursement - 2024 Issue Q2

MIPS Quiz: Estimate Your MVP Prowess With This Test

Know the facts on submitting MVPs and Traditional MIPS simultaneously. Since reporting began in 2017, the Merit-Based Incentive Payment System (MIPS) has undergone lots of twists, turns, and tweaks. And that includes adding a completely new reporting option that became available in the 2023 performance year (PY) — MIPS Value Pathways. If your practice is still garnering Medicare incentive payment through Traditional MIPS, that’s fine. But eventually, the Centers for Medicare & Medicaid Services (CMS) intends to sunset the basic option and focus on MVPs, which harness providers’ specialties and utilize health IT to measure clinicians and determine...

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