MIPS

Description: REGCLR3 measures the improvement in functions of patients with a diagnosis of Bunion Pain . Improvement is measured as a reduction in pain after an intervention. The patient must be treated, it is up to the medical provider to select the medically appropriate treatment. Treatments may include surgical intervention, shoe wear modifications, orthotics, and physical therapy.

Registry Clearinghouse

MIPS consists of 4 components Quality Reporting, Promoting interoperability, Improvement Activities and Cost. Another way to participate in MIPS is through an MVP. When reporting traditional MIPS you can report on individual measure or you can report a MIPS Value Pathway (MVP). Each year CMS updates the MIPS program.

2024 is winding down and we should be getting ready to report our 2024 performance to CMS. A common question that keeps popping up is: “Am I required to report MIPS for 2024?”

The MIPS automatic EUC policy doesn’t apply to MIPS eligible clinicians participating in MIPS as a group, subgroup, virtual group, or Alternative Payment Model (APM) Entity. However, groups, virtual groups, and APM Entities can request reweighting through the EUC Exception application. Subgroups will inherit any reweighting approved for their affiliated group; they can’t request reweighting independent of their affiliated group’s status.

Any bonus or penalty for your 2023 reporting period will be reflected in your 2024 Medicare Payments. CMS has released the scores and and payments for 2025 payment year.

In about 2 months you need to report your quality metrics to CMS for the 2024 performance year. That means you only have 2 months left to make sure you meet the quality measures and optimize your score.

The year is 75% complete so now is CRUNCH time for many providers participating in the MIPS program for 2024. Many of the measures you report on are ‘Once Per Reporting Period’.   That means you only need to meet the measure on one visit for each patient during 2024. Even if you failed to meet measures prior to today, by making sure you meet the quality measure the next time the patient walks in the door, you get credit for that measure.

The Centers for Medicare & Medicaid Services (CMS) added new 2022 Quality Payment Program (QPP) performance information for doctors, clinicians, groups, virtual groups, and Accountable Care Organizations (ACOs) to clinician and group profile pages on the Medicare.gov compare tool and in the Provider Data Catalog (PDC).

CHECK YOUR FEEDBACK REPORTS NOW! You have until October 11, 2024 to request a targeted review. Now Available: 2023 MIPS Performance Feedback, 2023 MIPS Final Score, and 2025 MIPS Payment Adjustment Information