Do you understand how to avoid the 7% penalty and instead maximize your MIPS bonus? Would you like an easy way to make a MIPS plan specific to your practice? There is a solution – the MIPS Navigator™! You do not need to try to decipher hundreds of pages of dense regulations or listen to another MIPS webinar that isn’t specific enough to help you make the choices you need for your practice! Click here to buy now!
The MIPS Navigator™ is an on-line tool that empowers individual clinicians or practice administrators to quickly and easily sort through the various MIPS alternatives and produce a practice specific MIPS plan designed to maximize their potential MIPS bonus, generally in less than an hour.
By answering a few questions specific to your practice, the MIPS Navigator™ will let you determine:
Assuming you will likely be subject to MIPS, the MIPS Navigator™ will produce:
MIPS Navigator™ licensees have access to the tool for the full year. Your work is stored, so you can work on your MIPS Itinerary/Plan over time. You will also be able to create an amended plan should you reconsider and decide some changes may help increase your score. Click here to buy now!
The MIPS Navigator™ seamlessly integrates with the Advanced Integrated Registry™ (AIR™), a CMS Qualified Registry. For those who are looking for a Registry to handle their MIPS performance reporting, the MIPS plans you create using the MIPS Navigator™ automatically becomes your AIR™ dashboards for each MIPS category you request to have reported. And all Navigator fees are automatically credited toward your AIR™ license fees.
Congress passed the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) to eliminate the “Sustainable Growth Rate” (SGR) and replace it with the “Merit-Based Incentive Payment System (MIPS).” Congress enacted MIPS to move Medicare from paying for volume to paying for value. MIPS is intended to promote the Triple Aim – better health, higher quality and lower cost.
Unfortunately, MIPS is extremely complex. From the standpoint of individual clinicians and their practices, there are numerous exceptions and alternatives, and the application and impact of those exceptions and alternatives will vary widely depending on practice demographics, specialty and current or proposed involvement in various Alternative Payment Models (APMs), among other things. And while MIPS may continue to be “tweaked” over the next several years, Medicare’s move to value-based payment is likely inexorable. By 2022 (2020 performance year), MIPS fee schedule adjustments are slated to range from -9% to as much as +37%! And the performance of every clinician – converted to “star ratings” – will be published on the Physician Compare website for all your patients – and payers – to see.