Meaningful Use EHR Incentive Program: 90-day Reporting Period in 2016 and 2017.
The Centers for Medicare and Medicaid Services has just approved a 90-day EHR reporting period for the 2016 and 2017 Meaningful Use EHR Incentive Program, easing the burden on providers. It is important to note that this does not affect the PQRS reporting period which is still a full 365 days.
On the heels of this announcement is the beginning of the new MIPS/MACRA standards which practices will need to begin meeting in 2017. Starting January 1, 2017, the initial MACRA reporting period will commence. It will consist of the new Quality Payment Program (QPP) framework based on CMS-designated measures of quality and value. THE ONLY WAY TO RECEIVE A MEDICARE INCREASE GOING FORWARD WILL DEPEND ON HOW SUCCESSFUL YOU ARE AT REPORTING UNDER THE NEW GUIDELINES.
Two pathways are available for practices under the QPP: the Merit-based Incentive Payment System (MIPS) and Advanced Alternative Payment Models (APMs). Each pathway includes multiple sets of specific measures which must be met to be eligible for incentive payments. MIPS will be the default program for any practice that does not meet APM requirements; CMS estimates that this will include nearly 75% of practices.
Practices who do not report in 2017 are still subject to a -4% maximum penalty. The total for incentives paid to practices meeting standards in 2017 will be approximately $1 billion dollars.
Our team can assist you with closing the gap between technology and clinical practice so doctors can focus on caring for their patients while increasing revenues and meeting MACRA and MIPS quality practice standards. We help practices customize their EMR and use automation to maximize reporting and reimbursement, while reducing “clicks” and administrative burdens. Please call our office at (941) 378-8800 or e-mail us for more information.
Belinda Holmes, BS, CPC, CCP-P
Healthcare Management Consulting, LLC
Ph (941) 378-8800
Fax (848) 260-6749