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Understanding the CMS' Merit-based Incentive Payment System (MIPS): Are you ready for performance-based Medicare reimbursements?  

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Online Compliance Panel

Understanding the CMS' Merit-based Incentive Payment System (MIPS): Are you ready for performance-based Medicare reimbursements? seminar agenda print utility

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Seminar Summary:

The CMS Quality Payment Program is out and there are many updates that will significantly affect providers. Providers will be required to pick one of the two paths: The Merit-Based Incentive Payment System or the Advance Alternative Payment Models. This webinar allows you to understand more about the Merit-Based Incentive Payment System and its effect on your Medicare reimbursements. The MIPS program starts on January 1st, 2017 and stakeholders who attend this session will be provided with information on how to prepare for MIPS, a process that should start as soon as possible. (see full course description)

 

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Training Course Syllabus:


Understanding the CMS' Merit-based Incentive Payment System (MIPS): Are you ready for performance-based Medicare reimbursements?

Why Should you Attend:

The Medicare Access and CHIP Reauthorization ACT of 2015 (MACRA) created a new quality and utilization reimbursement system that will significantly impact the vast majority of Medicare providers starting on January 1, 2017. Most providers will fall under the Merit-based Incentive Payment System (MIPS). MIPS will combine the Physician Quality Reporting System (PQRS), the Value-based Modifier (VM) program, and the Meaningful Use of Certified EHR Technology (CHERT). Performance in these areas will be tracked and providers will need to select from a list of Clinical Practice Improvement Activities approved by Medicare. Data received by Medicare will be used to determine the Composite Performance Score (CPS). The CPS will range from 0-100 and will determine up to +/- 9% payment adjustment on Medicare reimbursement. The CPS will be published by CMS on the Physician Compare website and will be publically available. This may have a significant impact on providers and their practices. This session will discuss best practices around how to achieve the highest possible CPS and the importance of starting preparations as soon as possible.


Objectives of the Presentation:

  • Understand MACRA & Grasp key Concepts

  • Understand MIPS long-term program alignment and participation timeline

  • Understand the four components of MIPS and how information is gathered under each performance category:

  • Quality

  • Resources use

  • Advanced Care Information

  • Clinical Practice Improvement Activities

  • Understand how the Composite Performance Score is determined

  • Understand areas that need to be focused upon in preparation for MIPS

  • Seminar Summary:

    The CMS Quality Payment Program is out and there are many updates that will significantly affect providers. Providers will be required to pick one of the two paths: The Merit-Based Incentive Payment System or the Advance Alternative Payment Models. This webinar allows you to understand more about the Merit-Based Incentive Payment System and its effect on your Medicare reimbursements. The MIPS program starts on January 1st, 2017 and stakeholders who attend this session will be provided with information on how to prepare for MIPS, a process that should start as soon as possible. (see full course description)

     

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