Every year clinicians welcome the MIPS program wholeheartedly and strive hard to meet the preset performance standards. So, we have MIPS 2022 with considerably new obstacles for getting higher MIPS final scores. Anyhow, immense pleasing signs for those who depend on our MIPS consulting service this year too. This year, all medical social workers and certified midwives have also got the QPP MIPS eligibility. Thus, they are currently arranging their activities to prepare for the MIPS reporting phase.
Meanwhile, the obstacles and challenges for QPP MIPS participants do not just end here. Along with several modifications and revisions, MIPS has finalized the 75 points as the performance threshold. Similarly, the exceptional performance bonus in coming years. In addition to these, the ±9% range for potential adjustments will be permanent for the coming MIPS performance years.
So, how can MIPS participants retain their QPP MIPS eligibility throughout the performance year? Nonetheless, their eligibility status can meet the QPP MIPS exemption at any stage if they get the QP status. Anyhow, the MIPS consulting service is an overwhelming approach for all of you. We strongly suggest all participants count on us as soon as possible.
Here in this blog post, we will look at all the challenges that are coming your way via MIPS 2022. And how you can give a miss to them by dealing with them strategically.
Are you ready for MIPS 2022 participation? Have any idea about retaining your QPP MIPS eligibility? Are you afraid of the MIPS penalty this year? Do not worry, our MIPS consulting service is a great help for keeping you safe.
We suggest you initiate your performance year 2022 with a clear perspective. Our MIPS consulting service is giving you an awareness of the obstacles you are going to face in your reporting journey. We will help you in every step of reporting to empower your chances of success in MIPS this year. Every practice can face a particular combination of issues and situations. Anyhow, we have essentially categorized the majority of problems into two fundamental categories.
All new and old MIPS participants are familiar with the four pillars of the MIPS program. All these categories have different data completeness requirements that every participant has to obey. Therefore, the first and foremost requirement for all MIPS participants is to be aware of the 2022 design of MIPS. Our MIPS consulting service guides you in devising a balanced approach for every category of reporting. By saying a balanced approach, we confer that a participant must have an eye over all four categories. If this happens that you focus only on one category and neglect others, you will still face a QPP MIPS exemption for not performing well in the neglected category.
Our consulting company can help you in setting your MIPS competing priorities. You have to act wisely while choosing your reporting measures. Later, you have to distribute time and resources on your performance improvement and betterment.
The competitive aspect of scoring in the MIPS program is surely the next challenge you will experience. The MIPS program is intended to be cost-neutral, so keep that important aspect in mind. What does it imply? CMS pays the positive payment adjustments to higher-scoring practices using the penalties from lower-scoring firms.
In other words, you compete in the MIPS program against practices from all around the state to avoid penalties and earn incentives. All MIPS participants know that the MIPS program was created with a clear concept. It fuels the competition among practices to perform in a battle to avoid penalties. This is not all yet. The best MIPS participants receive a favorable adjustment afterward. Thus, you cannot avoid this rivalry in MIPS. Therefore, you must get ready for it and develop a plan that will help your practice stand out from the crowd.
Let’s look at your road to success now that you have a general understanding of the difficulties.
QPP MIPS as your MIPS reporting has promised to direct your practice toward the right path for MIPS 2022. Though MIPS performance year 2022 has accompanied myriad new obstacles, we do not run short of solutions for you. Our MIPS consulting service has outlined some key steps for improving your success rate in 2022 PY.
- Throughout MIPS reporting, participants must have comprehensive situational awareness. Thereby, they must count on continuously expanding their MIPS-related knowledge; guidelines, standards, benchmarks, and particular difficulties faced by your firm. We emphasize the importance of keeping up with developments in MIPS and the program’s operation. Moreover, you must have a fine familiarization of all MIPS-related issues and pre-planned strategies for improving your chances of success there.
- Meanwhile, you must have information about regulations that vary annually. CMS occasionally alters its interpretation of regulations too. So, you must develop a comprehension that enables you to adapt and alter to program changes. Throughout the year, you should also keep note of important dates and deadlines.
- One must depend on the flexible data collection systematics. For example, you have selected one measure of MIPS 2022. The system must have a reliable methodology to assemble all the characteristic data for presenting it to CMS. In addition, it should not interrupt the data when you select different measures in the next MIPS performance year. ONC has therefore mandated the use of a cloud-based certified EHR system for this purpose. If your practice still lacks an EHR with the recent EHR updates, you can count on our MIPS consulting service. We also have certified EHRs for your practice’s MIPS data reporting.
- Lastly, figure out how to incorporate your MIPS knowledge, processes, and workflows into your organization. Find strategies to coordinate your objectives and procedures such that the best option is always the simplest and easiest one. By integrating your MIPS strategy and procedures across your organization, you can ensure that your plan won’t fall apart or break down as new issues crop up.
Though, every MIPS participant has their own set of strategies to deal with the coming obstacles in their reporting passage. However, our MIPS consulting services can help you set your goals with clarity. We assist you in navigating MIPS—or any other Value-Based Care program—without difficulty. You can have faith in your capacity to produce the best submission feasible. Our expert will actively address you in advancing your knowledge, systems, and performance in the long run if you have QPP MIPS on your side.